Fee Waiver Amount. 1.1 For each Fund, every month NFA shall calculate the aggregate amount of subadvisory fees it would have been obligated to pay Subadvisers pursuant to the Old Subadvisory Fee Rate (“Old Subadvisory Fee Amount”), and NFA shall separately calculate the amount of aggregate subadvisory fees it is obligated to pay to Subadvisers pursuant to the New Subadvisory Fee Rate (“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 6 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 For each FundEvery month, every month NFA shall calculate the aggregate amount of subadvisory fees it would have been obligated to pay Subadvisers subadvisers pursuant to the Old Subadvisory Fee Rate (“Old Subadvisory Fee Amount”), and NFA shall separately calculate the amount of aggregate subadvisory fees it is obligated to pay to Subadvisers subadvisers pursuant to the New Subadvisory Fee Rate (“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)
Fee Waiver Amount. 1.1 For each Fund, every Every month NFA shall calculate the aggregate amount of subadvisory fees it would have been obligated to pay Subadvisers pursuant to the Old Subadvisory Fee Rate (“Old Subadvisory Fee Amount”), and NFA shall separately calculate the amount of aggregate subadvisory fees it is obligated to pay to Subadvisers pursuant to the New Subadvisory Fee Rate (“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 1 contract
Samples: Fee Waiver Agreement (Nationwide Variable Insurance Trust)