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.

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 Fees. Following 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 Fees. The 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 Fees. The Fees and Expenses charged to the Members are described below. Fees include, but may not be limited to, a Due Diligence 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 10% of the Member’s Capital Contribution. Due Diligence 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. Due Diligence Fee The Due Diligence Fee of the Fund is 6% of the Capital Contribution. As described above in “Manager’s Duties,” the Manager’s roles and responsibilities include discretionary authority to (i) originate, analyze, and recommend investment opportunities to the Fund that are consistent with the purpose of the Fund, (ii) structure investments, (iii) identify funding sources for Portfolio Companies, (iv) supervise the preparation and due diligence review of documentation relating to the acquisition, financing, and disposition of investments, (v) monitor and evaluate investments, and (vi) provide such other services related thereto. Management Fees The Management Fee of the Fund is 2% of the Capital Contribution per year starting from day membership interests are issued and ending upon the Distribution of Marketable Securities. The Management Fee will cover Fund operations expenses incurred by the Fund or its Manager in connection with the organization of the Fund including all reasonable expenses, including legal, accounting, marketing, printing, and travel expenses, incurred by the Fund, or the Manager or its affiliates, in organizing the Fund, and operations of the Fund including audit, insurance, litigation- related and indemnification expenses; as well as rent, utilities, telecommunications, office furniture, equipment, computers, and compensation of Fund employees and other Fund personnel. Management Fee will cover administrative expenses incurred by the Fund or its Manager in connection with the acquisition, holding, or disposition of an investment (or a proposed investment that is not consummated); routine administrative expenses of the Fund; and the preparation of reports and notices. Prepayment of Manag...

Fund Fees. Following 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.