Method of Calculation. Using its ACD report, the Transfer Agent will calculate the average performance for each week. Such number will be compared to the schedule below to determine the total percentage credit to Per-Account Fees billed to the Funds for the month. This credit information would then be passed to Dreyfus' Mutual Fund Accounting Department for allocation to the Fund against the fees to be paid hereunder. % Calls Average Performance Level Completed or Each Week within the Period Less Than 1 Wk. 2Wks 3Wks. 4Wks. 5Wks. 98% .02% .06% .14% .25% .39% 97% .06% .14% .25% .39% .56% 96% .14% .25% .39% .56% .75% 95% .25% .39% .56% .75% 1.00% Except for operations during the Back-Up Period (as defined in paragraph 2 of Article XIII hereof), the Fund shall have the right to terminate this Agreement, upon the notice provided under the caption "General" in this Appendix D, if the percentage of calls completed is less than 95%: (1) for three consecutive weeks, or (2) for any six weeks (whether or not consecutive) in any thirteen week period.
Appears in 9 contracts
Samples: Transfer Agency Agreement (Dreyfus Manager Funds Ii), Transfer Agency Agreement (Dreyfus Laurel Tax Free Municipal Funds), Transfer Agency Agreement (Dreyfus Investment Funds)
