Penalty Fees. 11.1. Penalty Fees apply when an Investor withdraws any amount before the end of the Trading Period. 11.2. The Trading Period is stated in the Manager’s Strategy Offer and it commences as soon as the Investor makes the initial deposit. 11.3. The Penalty Fee is a percentage that is applied on the withdrawal amount. 11.4. The Formula used to calculate the Penalty Fee is:
Appears in 3 contracts
Samples: Pamm Account Agreement, Pamm Account Agreement, Pamm Account Agreement
Penalty Fees. 11.112.1. Penalty Fees apply when an Investor withdraws any amount before the end of the Trading Period.
11.212.2. The Trading Period is stated in the Manager’s Strategy Offer and it commences as soon as the Investor makes the initial deposit.
11.312.3. The Penalty Fee is a percentage that is applied on the withdrawal amount.
11.412.4. The Formula used to calculate the Penalty Fee is:: Withdrawal Amount * Penalty Fee % (as specified in PAMM Manager’s Offer)
Appears in 1 contract
Samples: Pamm Account Agreement
Penalty Fees. 11.1. 12.1 Penalty Fees apply are applied in case when an Investor withdraws any amount before the end of the Trading Period.
11.2. The Trading Period is stated announced in the ManagerMaster’s Strategy Offer and it commences starts as soon as the Investor makes proceeds with the initial deposit.
11.3. 12.2 The Penalty Fee is a percentage that is applied on calculated from the withdrawal amount.
11.4. The Formula used to calculate the Penalty Fee fee is:
Appears in 1 contract
Samples: Pamm Account Opening Agreement
