PLAN FEES AND EXPENSES Sample Clauses

PLAN FEES AND EXPENSES. Program management fee The Program Manager receives a management fee equal to 0.15% of the average daily net assets in each Investment Option. This fee accrues daily and will be deducted from each Investment Option. This fee is not reflected as a direct charge against your account on your account statements, but rather is reflected as an expense in the daily NAV calculation for each Investment Option. Under certain circumstances, the Program Manager, in its sole discretion, may waive a portion of its program management fee with respect to an Investment Option. Any such waiver would be voluntary and may be discontinued at any time. The Program Manager’s ability to recommend investment of portfolio assets is limited by the Program Management Agreement and is subject to review by the Nebraska Investment Council and the Treasurer. The Program Manager may receive from one or more Underlying Investments an amount to compensate the Program Manager for performing certain administrative or other shareholder services associated with maintaining an investment in such Underlying Investment. Negative return The Program Manager will endeavor to maintain a positive or zero return on the State Street U.S. Government Money Market 529 Investment Option by waiving a portion of its Program Management Fee earned on that Investment Option. However, the Program Manager cannot guarantee any return on the State Street U.S. Government Money Market 529 Investment Option or that the return on this Investment Option will not be negative. Any such waiver would be voluntary and may be discontinued at any time. State administration fee An administration fee equal to 0.02% of the average daily net assets in each Investment Option will be allocated to the state’s costs to administer, market and distribute the Plan. This fee accrues daily as a percentage of average daily net assets and is deducted from each Investment Option. This fee is not reflected as a direct charge against your account on your account statements, but rather is reflected as an expense in the daily NAV calculation for each Investment Option. This fee will reduce the value of an account. Underlying investment fee Each Investment Option will also indirectly bear its pro rata share of the fees and expenses of the underlying mutual funds. Although these expenses and fees are not charged to the accounts, they will reduce the investment returns realized by each Investment Option. Other account fees There are no account opening...
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PLAN FEES AND EXPENSES. General‌ The Board, in its sole discretion, will establish fees and expenses as it deems appropriate and may change or add new fees and expenses at anytime. In the future, Plan expenses and fees could be higher or lower than those discussed below and in this document. Expenses reduce the value of an account.‌ Portfolio Expenses Portfolio Expenses currently consist of the pro rata share of the Asset- Based Expenses, which include the annual fund operating expense of the underlying USAA Mutual Funds and/or Victory Mutual Funds, which the Portfolio indirectly bears through its investment in those funds (“Underlying Fund Expenses”) and a Program Management Fee. Underlying Fund Expenses include a mutual fund’s investment advisory fees and administrative fees, which are paid to Victory Capital, and other expenses. A free prospectus for any USAA Mutual Fund or Victory Mutual Fund in which a Portfolio invests can be obtained by calling 000-000-0000. Important Notes The Portfolio Expenses reduce the value of Portfolio assets, which means the Account Owner pays them indirectly. These fees reduce the return the Account Owner will receive from an investment in the Plan. Program Management Fee‌ The Program Management Fee is accrued on a daily basis and paid directly to Victory Capital. Victory Capital has agreed to provide an annual payment to the State of Nevada Treasurer’s Office for oversight of the Plan. Under Nevada law, all fees received by the State are deposited in the Nevada College Savings Endowment account and are used: (1) to administer and market Nevada’s 529 plans, (2) for purposes related to the Plan and certain other Nevada 529 plans, and for the financial education of the residents of Nevada. Maintenance Fees‌ A $10 Minimum-Balance Fee, payable to Victory Capital, will be charged annually in October to all Plan Accounts with a balance less than $1,000 that do not have an active Automatic Investment Plan, direct deposits from payroll, or investment through a systematic withdrawal plan from a USAA Mutual Fund and/or Victory Mutual Fund. However, no Minimum- Balance Fee will be charged for a Plan Account if such Plan Account is established within 45 days priorto the annual assessment of the Minimum-Balance Fee. The Minimum- Balance Fee is not charged for matching grant accounts and is waived forall Plan Accounts owned by a Nevada resident and/or who have a designated beneficiary who is a Nevada resident. Investment Options (Portfolios) Estimated Underlyin...
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PLAN FEES AND EXPENSES. General The Board, in its sole discretion, will establish fees and expenses as it deems appropriate and may change or add new fees and expenses at any time. In the future, Plan expenses and fees could be higher or lower than those discussed below and in this document. Expenses reduce the value of an account. Portfolio Expenses Portfolio Expenses currently consist of the pro rata share of the Asset-Based Expenses, which include the annual fund operating expenses of the under- lying USAA mutual funds, which the Portfolio indirectly bears through its investment in those funds (Underlying Fund Expenses) and a Program Man- agement Fee. Underlying Fund Expenses include a mutual fund’s investment advisory fees and admin- istrative fees, which are paid to USAA, and other expenses. A free prospectus for any USAA mutual fund in which a Portfolio invests can be obtained by calling 000-000-0000.
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PLAN FEES AND EXPENSES. Class A accounts
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PLAN FEES AND EXPENSES. Please note that your personal performance may be different than the performance for a Portfolio as shown below. For instance, your personal performance may be different due to Account fees or investment exchanges into other Portfolios during the indicated periods. The performance data shown represents past performance, which is not a guarantee of future results. Investment returns and principal value will fluctuate, so investors’ Portfolio Units, when sold, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data cited. For performance data current to the most recent month-end, visit xxx.xxxxxxxxxxx0x.xxx. The performance of the Portfolios will differ from the performance of the Underlying Funds. The Portfolios may have higher expense ratios than the Underlying Funds. However, they may receive more advantageous tax treatment. Portfolio performance may also be affected by cash flows into and out of the Portfolios; typically, the Portfolio purchases Underlying Fund shares one business day after the date funds are contributed. Depending on market conditions, the collective impact of these differences may cause the Portfolio’s performance to trail or exceed the Underlying Funds’ returns. AVERAGE ANNUAL TOTAL RETURNS AS OF MARCH 31, 2022 – DIRECT CLASS‌‌ NAME 1 YEAR 3 YEAR 5 YEAR 10 YEAR SINCE INCEPTION INCEPTION DATE Aggressive Growth Portfolio - Direct 5.69% 13.41% - - 11.06% 5/5/2017 Aggressive Portfolio - Direct 4.54% 11.94% - - 9.83% 8/17/2018 Growth Portfolio - Direct 3.21% 10.39% - - 8.80% 5/5/2017 Blended Growth Portfolio - Direct 1.95% 8.92% - - 7.72% 8/17/2018 Moderate Growth Portfolio - Direct 0.67% 7.35% - - 6.50% 5/5/2017 Blended Moderate Growth Portfolio - Direct -0.66% 5.69% - - 5.38% 8/17/2018 Conservative Growth Portfolio - Direct -2.02% 4.10% - - 4.05% 5/5/2017 Conservative Portfolio - Direct -3.30% 2.52% - - 3.03% 8/17/2018 Income Portfolio - Direct -1.89% 1.55% - - 1.75% 5/5/2017 Balanced Income Portfolio - Direct -0.93% 1.54% - - 1.89% 8/17/2018 Conservative Income Portfolio - Direct 0.00% 1.55% - - 1.76% 8/17/2018 Interest Accumulation Portfolio - Direct 1.03% 1.53% - - 1.49% 5/5/2017 AVERAGE ANNUAL TOTAL RETURNS AS OF MARCH 31, 2022 – ADVISOR CLASS NAME 1 YEAR 3 YEAR 5 YEAR 10 YEAR SINCE INCEPTION INCEPTION DATE Aggressive Growth Portfolio - Advisor 5.39% 13.09% 11.06% 10.40% 7.32% 11/3/2006 Aggressive Portfolio - Advisor 4.13% 11.56% - - 9.46% 8/17/2018 Growth Portfolio - A...
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PLAN FEES AND EXPENSES. Bank approves the fees and expenses for the Plan. Bank may change the fees and expenses at any time without notice. In the future, the Plan’s fees and expenses could be higher or lower than described in this Plan Disclosure Statement. Expenses and fees reduce the value of an Account. Participants will bear fees and expenses at the Portfolio level and the individual Account level. At the Portfolio level, a Participant will be subject to Asset-Based Fees consisting of the State Administrative Fee, Plan Management Fee, Underlying Fund Expenses and the Distribution and Marketing Fee (Advisor Class only). At the Account level a Participant may be subject to an Annual Account Maintenance Fee and certain transaction fees. Annual Account Maintenance Fee There is an Annual Account Maintenance Fee of twenty dollars ($20) per Account. The twenty dollar ($20) fee is assessed each year during the month of the twelve (12) month anniversary date of the Account opening. If you make a complete distribution from your Account prior to the anniversary date in a given year, a prorated Annual Account Maintenance Fee may be charged against the amount of the distribution. The Annual Account Maintenance Fee is waived for: (i) Accounts with a Participant or Designated Beneficiary that is a resident of North Dakota;
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PLAN FEES AND EXPENSES. Class fees The fees relating to an account’s investment in the Investment Options will vary depending on the class of shares and the Investment Option selected. The NEST Advisor Plan has two classes – Class A and Class C. Each class bears certain fees that vary with the class selected by account owners with the advice of their Financial Advisor. Working with your Financial Advisor you will choose which class best meets your investment needs depending on several factors, including the amount of your investment, how regularly you plan to invest, and the intended length of your investment. No change in classes Once a class is selected, an account owner cannot change the class selected. If there is an account opening error regarding the class selected it must be reported to the Program Manager within 60 days. Assets invested in a specific class cannot be transferred to another account in a different class. An account owner can invest in another class for future contributions to the Plan. Class A accounts
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PLAN FEES AND EXPENSES 
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Related to PLAN FEES AND EXPENSES

  • Attorneys’ Fees and Expenses Evidence that the costs and expenses (including reasonable attorneys’ fees) referred to in Section 12.1, to the extent invoiced, shall have been paid in full by Borrower;

  • Fees and Expenses Except as expressly set forth in the Transaction Documents to the contrary, each party shall pay the fees and expenses of its advisers, counsel, accountants and other experts, if any, and all other expenses incurred by such party incident to the negotiation, preparation, execution, delivery and performance of this Agreement. The Company shall pay all Transfer Agent fees (including, without limitation, any fees required for same-day processing of any instruction letter delivered by the Company and any exercise notice delivered by a Purchaser), stamp taxes and other taxes and duties levied in connection with the delivery of any Securities to the Purchasers.

  • Agreement to Pay Attorneys’ Fees and Expenses In the event the Company should default under any of the provisions of this Lease Agreement and the Agency should employ attorneys or incur other expenses for the collection of amounts payable hereunder or the enforcement of performance or observance of any obligations or agreements on the part of the Company herein contained, the Company shall, on demand therefor, pay to the Agency the reasonable fees of such attorneys and such other expenses so incurred.

  • Costs and Expenses The Borrower shall pay (i) all reasonable out-of-pocket expenses incurred by the Administrative Agent and its Affiliates (including the reasonable fees, charges and disbursements of counsel for the Administrative Agent), in connection with the syndication of the credit facilities provided for herein, the preparation, negotiation, execution, delivery and administration of this Agreement and the other Loan Documents or any amendments, modifications or waivers of the provisions hereof or thereof (whether or not the transactions contemplated hereby or thereby shall be consummated), (ii) all reasonable out-of-pocket expenses incurred by the L/C Issuer in connection with the issuance, amendment, renewal or extension of any Letter of Credit or any demand for payment thereunder and (iii) all out-of-pocket expenses incurred by the Administrative Agent, any Lender or the L/C Issuer (including the fees, charges and disbursements of any counsel for the Administrative Agent, any Lender or the L/C Issuer), and shall pay all fees and time charges for attorneys who may be employees of the Administrative Agent, any Lender or the L/C Issuer, in connection with the enforcement or protection of its rights (A) in connection with this Agreement and the other Loan Documents, including its rights under this Section, or (B) in connection with the Loans made or Letters of Credit issued hereunder, including all such out-of-pocket expenses incurred during any workout, restructuring or negotiations in respect of such Loans or Letters of Credit.

  • CONTRACT LIMIT, FEES AND EXPENSES changing the not-to-exceed amount of the Contract from ONE MILLION SEVEN HUNDRED NINTY THOUSAND DOLLARS AND ZERO CENTS ($1,790,000.00) to TWO MILLION ONE HUNDRED THOUSAND DOLLARS AND ZERO CENTS ($2,100,000.00), as approved by the Executive Director on October 22, 2021.

  • Compensation and Expenses (a) As compensation for sourcing the Series Gallery Drop 020 Asset, the Asset Manager may be granted a sourcing fee equal to 0.11% of the total aggregate amount of Series Gallery Drop 020 membership interests that are sold in the Series’ offering under Regulation A of the Securities Act of 1933, as amended (the “Offering”), which the Asset Manager may waive in its sole discretion.

  • Payment And Expenses 8.1 Each payment to be made by the Guarantor under this guarantee shall be made in pounds sterling, free and clear of all deductions or withholdings of any kind, except for those required by law, and if any deduction or withholding must be made by law, the Guarantor shall pay that additional amount which is necessary to ensure that the Authority receives a net amount equal to the full amount which it would have received if the payment had been made without the deduction or withholding.

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