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Fund Fees Sample Clauses

Fund Fees. Each of the funds held in your account also charges its own fees. Details regarding the fees and expenses associated with the funds held in your account are available in the funds’ public disclosure documents.
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Fund Fees. Unless otherwise noted, fees are assessed bi-annually in June and December and are calculated as follows: Average month-end balance of the previous six months multiplied by the annual fee percentage and divided by two. Additional terms may be set for some funds, such as those requiring additional or special services. All funds are subject to a minimum annual fee of $250 for the first five years and $500 thereafter. New funds are assessed a set-up fee of $250. CFAAC reserves the right to increase or decrease fees from time to time and will notify donors of fee increase in advance.
Fund Fees. Fees will be calculated by multiplying each Avenge Asset Break Point in the above schedule by the number of Funds in each series to determine the break points used in the schedule. Total net assets of all Funds in each series will be used to calculate the fee by multiplying the net assets of the Funds by the basis point fees in the above schedule. The minimum will be calculated by multiplying the minimum fee by the number of Funds in each series to arrive at the total minimum fee. The greater of the basis points or the minimum will be accrued to each Fund based on the prorata total net asset value of each Fund in the series. Administration services include Treasurer's office support, Financial Reporting, Compliance and Tax Reporting.
Fund FeesThe Fees and Expenses charged to the Members are described below. Fees include, but may not be limited to, a Subscription Fee, Management Fees, and/or a Placement Agency Fee. All upfront fees charged to the Members are included in the purchase price of the Series Interests. Upfront fees paid by Members will not exceed 5.0% of the Member’s Capital Contribution. Subscription Fees are charged to Members as one-time fee expressed as a percentage of the Member’s Capital Contribution. Management Fees are charged to Members as annual fees expressed as a percentage of the Member’s Capital Contribution. Fund Expenses, that are not covered by the Fund Manager, will be charged to Members based on their pro-rata ownership interest in a Fund Series. Subscription Fee The Subscription Fee for this offering is 5.0% of the Capital Contribution. The Subscription Fee is designed to cover the costs associated with processing new investments and onboarding new limited partners. The Subscription Fee serves to offset administrative costs related to investor onboarding, cover legal and compliance expenses associated with new investments, and compensate the fund manager for the time and resources devoted to acquiring and processing new investments.
Fund FeesFollowing the Resignation Date, the Company shall, as consideration for entering into this Separation Agreement, waive any management, incentive, and other applicable fees on the investments that Xxxxxxxx has made in investment vehicles managed by the Company and its affiliates (“Fund Investments”). Exhibit 3 identifies the Fund
Fund Fees. First $250 million 12 BP per year Next of $250 million 10 BP per year Excess of $500 million 8 BP per year Minimum Fund Fees Annual Minimum per fund $90,000 for the first fund; $60,000 per additional fund
Fund FeesFollowing the Resignation Date, the Company shall, as consideration for entering into this Separation Agreement, continue to waive any management, incentive, and other applicable fees on the investments that Novogratz has made prior to the Resignation Date in investment vehicles managed by the Company and its affiliates (the “Prior Fund Investments”). Exhibit 2 identifies the Prior Fund Investments as of the date of this Separation Agreement and will be updated accordingly to reflect any investment made by Novogratz between the date of this Separation Agreement and the Resignation Date. In addition, the Company shall waive any management, incentive, and other applicable fees on future investments that Novogratz makes on or after the Resignation Date in investment vehicles managed by the Company and its affiliates (the “Future Fund Investments” and together with the Prior Fund Investments the “Fund Investments”), provided the Company may revoke such waiver with respect to the Future Fund Investments at any time in its sole discretion. Novogratz acknowledges and agrees that he will be required to execute the Company’s standard form of confidentiality agreement, which includes standstill provisions, to receive periodic reports with respect to his Fund Investments.
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Related to Fund Fees

  • Dues and Fees Grantee certifies that it is not prohibited from receiving an Award because it pays dues or fees on behalf of its employees or agents, or subsidizes or otherwise reimburses them for payment of their dues or fees to any club which unlawfully discriminates (775 ILCS 25/1 et seq.).

  • Payment and Fees 3.1 In consideration for the Token, Royalty Rights and Creator Related Rights, First Acquirer hereby agrees to pay to the Seller the price set out under the Special Terms (“Fee”). Without limiting any of the foregoing, the valid execution of this Agreement, grant of rights stated herein, and the delivery of the Token, is conditioned upon (i) First Acquirer’s payment and Seller’s receipt of the entire Fee in the Escrow Account, and (ii) providing a compatible network wallet address in the manner as set out on the Website, as to where the Token will be delivered. The Seller shall retain the amount specified in the Special Terms as agency Fees.

  • Compensation and Fees (a) As Dealer-Manager you shall receive from the Partnership the following fees and other compensation based on each Unit sold to investors who are situated and/or residents in states other than Minnesota and New Hampshire and accepted by the Managing General Partner: (i) a 2.5% Dealer-Manager fee; (ii) a 7.0% Sales Commission; (iii) a .5% reimbursement of marketing expenses; and (iv) a .5% reimbursement of the Selling Agents' bona fide accountable due diligence expenses. (b) The 7.0% Sales Commission, the .5% reimbursement of marketing expenses and the .5% reimbursement of bona fide accountable due diligence expenses shall be reallowed to the Selling Agents. The 2.5% Dealer-Manager fee shall be reallowed to the wholesalers for subscriptions obtained through the wholesalers' effort. (c) Notwithstanding the foregoing, the Managing General Partner, its officers, directors and Affiliates, and investors who buy Units through the officers and directors of the Managing General Partner may subscribe to Units for a subscription price reduced by the 2.5% Dealer-Manager fee, the 7.0% Sales Commission, the .5% reimbursement of marketing expenses and the .5% reimbursement of the Selling Agents' bona fide accountable due diligence expenses which will not be paid to you. Also, the following investors may subscribe to Units for a subscription price reduced by the 7.0% Sales Commission, the .5% reimbursement of marketing expenses and the .5% reimbursement of the Selling Agents' bona fide accountable due diligence expenses, which will not be paid to you, although their subscription price will not be reduced by the 2.5% Dealer-Manager fee which will be paid to you: (i) registered investment advisors and their clients; and (ii) Selling Agents and their registered representatives and principals. (d) Pending receipt and acceptance by the Managing General Partner of the minimum subscription proceeds of $1,000,000 excluding: (i) any optional subscription by the Managing General Partner and its Affiliates; and (ii) the subscription discounts set forth in Section 4(c) of this Agreement; all proceeds received by you from the sale of Units shall be held in a separate interest bearing escrow account as provided in Section 15 of this Agreement. Unless at least the minimum subscription proceeds of $1,000,000 as described above are received on or before the Offering Termination Date as described in Section 1 of this Agreement, the offering shall be terminated, in which event none of the fees, Sales Commissions and reimbursements set forth in Section 4(a) of this Agreement shall be payable to you and all funds advanced by purchasers shall be returned to them with interest earned. In addition, you shall deliver a termination letter in the form provided to you by the Managing General Partner to each of the subscribers and to each of the offerees previously solicited by you and the Selling Agents in connection with the offering of the Units. (e) Except as otherwise provided above, the fees, Sales Commissions and reimbursements set forth in Section 4(a) of this Agreement, shall be paid to you within five business days after at least the minimum subscription proceeds of $1,000,000 as described above have been received by the Partnership and accepted by the Managing General Partner and the subscription proceeds have been released from the escrow account to the Managing General Partner. You shall reallow to the Selling Agents and the wholesalers their respective fees, Sales Commissions and reimbursements as set forth in Section 4(b) of this Agreement. Thereafter, your fees, Sales Commissions and reimbursements shall be paid to you and shall be reallowed to the Selling Agents and wholesalers as described above approximately every two weeks until the Partnership's Offering Termination Date and all your remaining fees, Sales Commissions and reimbursements shall be paid no later than fourteen business days after the Partnership's Offering Termination Date.

  • Expenses and Fees Except as expressly provided otherwise herein, all costs and expenses incurred in connection with this Agreement and the transactions contemplated hereby shall be paid by the Party incurring such expenses.

  • Payments and Fees Customer must pay the Fees according to the payment terms in the Sales Order in the currency stated. All invoices will only be delivered electronically using the billing and contact information provided by Customer. Customer agrees to provide clear indication with its payment as to which invoices (or portions thereof) the payment should be applied. Alternatively, these payment details can be emailed to Xxxxxxx@Xxxxxxx.xxx no later than the date of payment.

  • Tuition and Fees The School Corporation shall not charge tuition to any student, other than a non-resident student in accordance with § 38-1802.06(e) of the Act, unless such student would otherwise be liable for tuition costs under the Act. The School Corporation shall not charge for participation in the School’s credit recovery program any student who is not liable for tuition costs under the Act, should the school operate such a program. The School Corporation may charge reasonable fees or other payment for after school programs, field trips, or similar non-mandatory student activities.

  • Points and Fees No Mortgagor was charged “points and fees” (whether or not financed) in an amount greater than (i) $1,000, or (ii) 5% of the principal amount of such Mortgage Loan, whichever is greater. For purposes of this representation, such 5% limitation is calculated in accordance with Xxxxxx Mae’s anti-predatory lending requirements as set forth in the Xxxxxx Xxx Guides and “points and fees” (x) include origination, underwriting, broker and finder fees and charges that the mortgagee imposed as a condition of making the Mortgage Loan, whether they are paid to the mortgagee or a third party; and (y) exclude bona fide discount points, fees paid for actual services rendered in connection with the origination of the Mortgage Loan (such as attorneys’ fees, notaries fees and fees paid for property appraisals, credit reports, surveys, title examinations and extracts, flood and tax certifications, and home inspections), the cost of mortgage insurance or credit-risk price adjustments, the costs of title, hazard, and flood insurance policies, state and local transfer taxes or fees, escrow deposits for the future payment of taxes and insurance premiums, and other miscellaneous fees and charges which miscellaneous fees and charges, in total, do not exceed 0.25% of the principal amount of such Mortgage Loan. This representation and warranty is a Deemed Material and Adverse Representation;

  • Remuneration and fees In most cases we are paid by commission from the insurer but in some circumstances, we may charge you a fee instead of commission or a combination of both where we arrange policies with a low commission. Where we charge a fee, this will not be liable for insurance premium tax or value added tax (insurance is a VAT exempt industry). All fees will be advised verbally and/or will be included within the Statement of Price document before you incept your policy. We will also make the following administration charges per policy: See Appendix 1 Our commission and fee(s) are earned on placement of your insurance. If you make a change or cancel your policy mid-term (other than in the 14-day Cooling Off period) which results in a return premium, we will retain all fees and any commission to cover our administration and advisory services. Our fees will be clearly shown in any invoice we issue to you, and we will advise you of the amount of any charge before you become liable to paying it. We have arrangements with some insurers to receive additional payments reflecting the size and/or profitability of our account with them and/or in respect of work we undertake on their behalf, and we will advise you where this is the case.

  • Interest and Fees 2 2.1. Interest.............................................................................. 2 2.2.

  • Taxes and Fees Each Party shall pay any and all transfer and registration tax, expenses and fees incurred thereby or levied thereon in accordance with the laws of China in connection with the preparation and execution of this Agreement and the Transfer Contracts, as well as the consummation of the transactions contemplated under this Agreement and the Transfer Contracts.

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