Fee Waiver Amount. 1.1 Every month, NFA shall calculate the amount of subadvisory fee it would have been obligated to pay Aberdeen in respect of the Growth Fund pursuant to the Prior Subadvisory Agreement (“Old Subadvisory Fee Amount”), and NFA shall separately calculate the amount of subadvisory fee it is obligated to pay American Century in respect of the Growth Fund pursuant to the New Subadvisory Agreement (“New Subadvisory Fee Amount”). The difference between the Old Subadvisory Fee Amount and the New Subadvisory Fee Amount shall be referred to herein as the “Savings Amount.”
Appears in 7 contracts
Samples: Fee Waiver Agreement (Nationwide Variable Insurance Trust), Fee Waiver Agreement (Nationwide Variable Insurance Trust), Fee Waiver Agreement (Nationwide Variable Insurance Trust)
Fee Waiver Amount. 1.1 Every month, NFA shall calculate the amount of subadvisory fee it would have been obligated to pay Aberdeen in respect of the Growth Fund pursuant to the Prior Subadvisory Agreement (“Old Subadvisory Fee Amount”), and NFA shall separately calculate the amount of subadvisory fee it is obligated to pay American Century Xxxxxx in respect of the Growth Fund pursuant to the New Subadvisory Agreement (“New Subadvisory Fee Amount”). The difference between the Old Subadvisory Fee Amount and the New Subadvisory Fee Amount shall be referred to herein as the “Savings Amount.”
Appears in 2 contracts
Samples: Fee Waiver Agreement (Nationwide Mutual Funds), Fee Waiver Agreement (Nationwide Mutual Funds)
