Common use of Transition Period Clause in Contracts

Transition Period. The performance incentive adjustment will not be calculated for the first 6 months from the inception of the fund. After 6 full calendar months, the performance fee adjustment will be determined using the average assets and Performance Difference over the first 6 full calendar months, and the Adjustment Rate will be applied in full. Each successive month an additional calendar month will be added to the performance adjustment computation. After 12 full calendar months, the full rolling 12-month period will take affect.

Appears in 16 contracts

Samples: Investment Management Services Agreement (Columbia Funds Variable Series Trust II), Investment Management Services Agreement (Riversource Managers Series, Inc.), Investment Management Services Agreement (Riversource Strategy Series, Inc.)

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Transition Period. The performance incentive adjustment will not be calculated for the first 6 months from the inception of the funda Fund. After 6 full calendar months, the performance fee adjustment PIA will be determined using the average assets and Performance Difference performance difference over the first 6 full calendar months, and the Adjustment Rate adjustment rate will be applied in full. Each successive month an additional calendar month will be added to the performance adjustment computation. After 12 full calendar months, the full rolling 12-month period will take affecteffect.

Appears in 4 contracts

Samples: Subadvisory Agreement (Riversource Global Series Inc), Subadvisory Agreement (Columbia Funds Variable Series Trust II), Subadvisory Agreement (Riversource International Series, Inc.)

Transition Period. The performance incentive adjustment will not be calculated for the first 6 24 months from the inception of the fund. After 6 24 full calendar months, the performance fee adjustment will be determined using the average assets and Performance Difference over the first 6 24 full calendar months, and the Adjustment Rate will be applied in full. Each successive month an additional calendar month will be added to the performance adjustment computation. After 12 36 full calendar months, the full rolling 1236-month period will take affect.

Appears in 3 contracts

Samples: Investment Management Services Agreement (Riversource Series Trust), Investment Management Services Agreement (Riversource Series Trust), Investment Management Services Agreement (Riversource Series Trust)

Transition Period. The performance incentive adjustment will not be calculated for the first 6 24 months from the inception of the fund. After 6 24 full calendar months, the performance fee adjustment will be determined using the average assets and Performance Difference performance difference over the first 6 24 full calendar months, and the Adjustment Rate adjustment rate will be applied in full. Each successive month an additional calendar month will be added to the performance adjustment computation. After 12 36 full calendar months, the full rolling 1236-month period will take affect.

Appears in 2 contracts

Samples: Investment Management Services Agreement (Riversource Global Series Inc), Investment Management Services Agreement (Riversource Global Series Inc)

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Transition Period. The performance incentive adjustment will not be calculated for the first 6 24 months from the inception of the fundFund. After 6 24 full calendar months, the performance fee adjustment will be determined using the average assets and Performance Difference performance difference over the first 6 24 full calendar months, and the Adjustment Rate adjustment rate will be applied in full. Each successive month an additional calendar month will be added to the performance adjustment computation. After 12 36 full calendar months, the full rolling 1236-month period will take affect.

Appears in 1 contract

Samples: Investment Management Services Agreement (Columbia Funds Series Trust II)

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