COMPENSATION TO THE INVESTMENT MANAGER Sample Clauses

COMPENSATION TO THE INVESTMENT MANAGER. (1) The Fund agrees to pay to the Investment Manager, and the Investment Manager covenants and agrees to accept from the Fund in full payment for the services furnished, a fee as set forth in Schedule A.
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COMPENSATION TO THE INVESTMENT MANAGER. (1) The Fund shall not pay the Investment Manager a direct fee for services rendered hereunder.
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COMPENSATION TO THE INVESTMENT MANAGER. (1) The Master Portfolio agrees to pay to the Investment Manager, in full payment for the services furnished, a fee as set forth in Schedule A.
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COMPENSATION TO THE INVESTMENT MANAGER. The Company agrees to pay to the Investment Manager for the services under this Agreement a fee for each calendar month of each year in accordance with Exhibit A, which is annexed to and made a part of this Agreement. The Investment Manager shall submit to the Company within thirty (30) days of the end of each calendar month a written statement of the amount estimated to be owed by the Company for services and the use of facilities pursuant to this Agreement in that calendar month, and the Company shall pay to the Investment Manager within fifteen (15) days following receipt of such written statement the amount set forth in the statement. Within sixty (60) days after the end of each calendar year, upon request of the Company, the Investment Manager shall submit to the Company a statement of actual apportioned expenses for such prior calendar year showing the basis for the apportionment of each item. The Company may request a written statement from the Investment Manager setting forth, in reasonable detail, the nature of the services rendered or expense incurred or other relevant information to support the charge. Any difference between the amount of the estimated apportioned expenses paid by the Company in the amount of the actual apportioned expenses shall be paid to either the Investment Manager or to the Company, as the case may be, within fifteen (15) days of the statement of actual apportioned expenses. In addition to the fee, the Company shall be responsible for any and all custodial fees, brokerage commissions, transfer taxes, and for all other reasonable out-of-pocket expenses incurred in connection with the services provided under this Agreement. In the event of the termination of this Agreement, the fee accrued shall be prorated on the basis of the number of days that this Agreement is in effect during the month relative to the total number of days in such month. All allocations shall be in accordance with the laws of the Relevant State.
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COMPENSATION TO THE INVESTMENT MANAGER. The Company agrees to reimburse Investment Manager at cost for services provided by Investment Manager pursuant to this Agreement. The charge to the Company for such services shall include all direct and indirectly allocable expenses. The methods for allocating expenses to the Company shall be in accordance with the requirements of the insurance holding company system laws of the Relevant State. Such methods shall be modified and adjusted by mutual agreement where necessary or appropriate to reflect fairly and equitably the actual incidence of expense incurred by the Investment Manager on behalf of the Company. The method of allocating costs hereunder and the payment thereof shall be determined in the following manner:
Sample 1
COMPENSATION TO THE INVESTMENT MANAGER. (1) The Fund agrees to pay to the Investment Manager on behalf of the Fund, and the Investment Manager covenants and agrees to accept from the Fund in full payment for the services furnished, a fee equal to 0.40% on an annual basis of the net asset value of the Fund. The computation shall be made for each calendar day on the basis of net assets as of the close of the preceding day. In the case of the suspension of the computation of net asset value, the fee for each calendar day during such suspension shall be computed as of the close of business on the last full day on which the net assets were computed. Net assets as of the close of a full day shall include all transactions in shares of the Fund recorded on the books of the Fund for that day.
Sample 1
COMPENSATION TO THE INVESTMENT MANAGER. The Investment Manager, as compensation for its services rendered under this Agreement, shall be paid according to the management fee schedule attached hereto as APPENDIX C. As noted above, the Account may directly or indirectly bear other fees or expenses payable to the Investment Manager or its affiliates, including (but not limited to) brokerage commissions or similar expenses, Galaxy Fund investment advisory fees or, as may be provided by other agreements to which the Client is a party.
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Related to COMPENSATION TO THE INVESTMENT MANAGER

  • Compensation of the Investment Manager 4.1 For the services to be rendered as provided herein, the Adviser shall pay to the Investment Manager for each month of the Fund’s fiscal year on the last day of each such month a fee based upon the average daily net assets of the Account, as determined pursuant to the Fund’s Registration Statement, at the following annual rate as a percentage of the Account's average daily net assets:

  • Compensation of the Investment Adviser Neither the Investment Adviser nor any affiliate of the Investment Adviser will act as principal or receive directly or indirectly any compensation in connection with the purchase or sale of investment securities by the Trust, other than the compensation provided for in this Section and such brokerage commissions as are permitted by the 1940 Act, it being contemplated that WPG will act as principal broker for the Trust in U.S. securities transactions.

  • COMPENSATION TO THE ADVISOR The Trust shall pay the Advisor, out of the assets of a Fund, as full compensation for all services rendered, an advisory fee for such Fund set forth below. Such fee shall be calculated by applying the following annual rates to the average daily net assets of such Fund for the calendar year computed in the manner used for the determination of the net asset value of shares of such Fund.

  • Compensation to the Master Servicer The Master Servicer shall be entitled to receive a monthly fee equal to the Master Servicing Fee, as compensation for services rendered by the Master Servicer under this Agreement. The Master Servicer also will be entitled to any late reporting fees paid by a Servicer pursuant to its Servicing Agreement, any investment income on funds on deposit in the Certificate Account and any Liquidation Profits to which a Servicer is not entitled under its Servicing Agreement.

  • Investment Management Fee For services provided under subparagraph (b) of paragraph 1 of this Agreement, the Advisor agrees to pay the Sub-Advisor a monthly Investment Management Fee. The Investment Management Fee shall be equal to: (i) 50% of the monthly management fee rate (including performance adjustments, if any) that the Portfolio is obligated to pay the Advisor under its Management Contract with the Advisor, multiplied by: (ii) the fraction equal to the net assets of the Portfolio as to which the Sub-Advisor shall have provided investment management services divided by the net assets of the Portfolio for that month. If in any fiscal year the aggregate expenses of the Portfolio exceed any applicable expense limitation imposed by any state or federal securities laws or regulations, and the Advisor waives all or a portion of its management fee or reimburses the Portfolio for expenses to the extent required to satisfy such limitation, the Investment Management Fee paid to the Sub-Advisor will be reduced by 50% of the amount of such waivers or reimbursements multiplied by the fraction determined in (ii). If the Sub-Advisor reduces its fees to reflect such waivers or reimbursements and the Advisor subsequently recovers all or any portion of such waivers and reimbursements, then the Sub-Advisor shall be entitled to receive from the Advisor a proportionate share of the amount recovered. To the extent that waivers and reimbursements by the Advisor required by such limitations are in excess of the Advisor's management fee, the Investment Management Fee paid to the Sub-Advisor will be reduced to zero for that month, but in no event shall the Sub-Advisor be required to reimburse the Advisor for all or a portion of such excess reimbursements.

  • Compensation to the Sub-Adviser For the services to be provided by the Sub-Adviser pursuant to this Agreement, the Adviser will pay the Sub-Adviser, and the Sub-Adviser agrees to accept as full compensation therefor, a sub-advisory fee at the rate specified in Schedule B which is attached hereto and made part of this Agreement. The fee will be calculated based on the average daily value of the Assets under the Sub-Adviser's management and will be paid to the Sub-Adviser monthly. Except as may otherwise be prohibited by law or regulation (including any then current SEC staff interpretation), the Sub-Adviser may, in its discretion and from time to time, waive a portion of its fee.

  • Duties of the Investment Manager The Fund hereby employs the Investment Manager to act as the investment adviser to and investment manager of the MetLife Mid Cap Stock Index Portfolio (the "Portfolio") and to manage the investment and reinvestment of the assets of the Portfolio and to administer its affairs, subject to the supervision of the Board of Directors of the Fund, for the period and on the terms and conditions set forth in this Agreement. The Investment Manager hereby accepts such employment and agrees during such period, at its own expense, to render the services and to assume the obligations herein set forth for the compensation provided for herein. The Investment Manager shall for all purposes herein be deemed to be an independent contractor and shall, unless otherwise provided or authorized, have no authority to act for or represent the Fund in any way or otherwise be deemed an agent of the Fund other than in furtherance of its duties and responsibilities as set forth in this Agreement.

  • Investment Manager The Employer may appoint a qualified Investment Manager or Managers to manage any portion or all of the assets of the Trust Fund. For the purpose of this Plan and the related Trust, a "

  • Consideration to the Company In consideration of the grant of the Option by the Company, the Participant agrees to render faithful and efficient services to the Company or any Subsidiary. Nothing in the Plan or this Agreement shall confer upon the Participant any right to continue in the employ or service of the Company or any Subsidiary or shall interfere with or restrict in any way the rights of the Company and its Subsidiaries, which rights are hereby expressly reserved, to discharge or terminate the services of the Participant at any time for any reason whatsoever, with or without Cause, except to the extent expressly provided otherwise in a written agreement between the Company or a Subsidiary and the Participant.

  • Delivery of Documents to the Investment Manager The Sub-Adviser has furnished the Investment Manager with true, correct and complete copies of each of the following documents:

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