Platform Manager Fee Sample Clauses
The Platform Manager Fee clause defines the compensation that the platform manager receives for their services in managing or operating a platform. Typically, this fee is calculated as a percentage of revenues generated through the platform or as a fixed periodic payment, and it may cover activities such as administration, oversight, and technical support. By clearly outlining the fee structure and payment terms, this clause ensures transparency and helps prevent disputes over compensation between the platform manager and other parties.
Platform Manager Fee. (a) The consideration for the Platform Manager’s provision of services is included as part of the other service agreements between the Fund and the Platform Manager.
Platform Manager Fee. (a) In consideration for the Platform Manager providing (or engaging other parties to provide) the Platform Manager Services, the Fund will pay the Platform Manager a one-time non refundable fee of $10,000. Additionally, the Fund shall pay a monthly fee (the “Platform Manager Fee”) as indicated on Schedule A attached hereto.
(b) The Platform Manager may pay the whole or any part of any amounts that it receives pursuant to this Section 3 to any person, including any “affiliated person” (as such term is defined in the Investment Company Act) of the Platform Manager.
Platform Manager Fee. The consideration for UMBFS’s provision of services is included as part of the other service agreements between the Parties.