Fee Waiver Amount. 1.1 Every month, NFA shall calculate the amount of subadvisory fee it would have been obligated to pay NWAM in respect of the Fund pursuant to the Original Subadvisory Agreement (“Old Subadvisory Fee Amount”), and NFA shall separately calculate the amount of subadvisory fee it is obligated to pay NWAM in respect of the Fund pursuant to the Amended 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 5 contracts
Samples: Fee Waiver Agreement (Nationwide Mutual Funds), Fee Waiver Agreement (Nationwide Variable Insurance Trust), Fee Waiver Agreement (Nationwide Mutual Funds)
Fee Waiver Amount. 1.1 Every month, NFA shall calculate the amount of subadvisory fee it would have been obligated to pay NWAM in respect of the Fund pursuant to the Original Old Subadvisory Agreement Fee Rate (“Old Subadvisory Fee Amount”), and NFA shall separately calculate the amount of subadvisory fee it is obligated to pay NWAM a subadviser in respect of the Fund pursuant to the Amended New Subadvisory Agreement 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 3 contracts
Samples: Fee Waiver Agreement (Nationwide Variable Insurance Trust), Fee Waiver Agreement (Nationwide Variable Insurance Trust), Fee Waiver Agreement (Nationwide Variable Insurance Trust)
