Aggregate Minimum Fee definition

Aggregate Minimum Fee. The Minimum Fee is equal to $10,000 per year. The Minimum Fee is due as of the Commencement Date and each one year anniversary thereof and payable within thirty (30) days of the date of invoice from S&P. Variable Fee: Five basis points (0.0005) multiplied by the total amount of assets raised during the initial public offering (IPO), payable at the close of such IPO. By way of example, and without limiting the generality of the foregoing, in the event that Licensee issues a mutual fund with average daily assets under management equal to $100 million on January 1, the License Fee for the period ending March 30 will be equal to $100,000,000 [] 0.0005 / 4 or $12,500; OR a closed-end fund with assets raised during the IPO closing on January 1 equal to $100 million, the License Fee shall be equal to to $100,000,000 [] 0.0005 or $50,000.
Sample 1Sample 2Sample 3

Examples of Aggregate Minimum Fee in a sentence

  • Aggregate Minimum Fee: The Minimum Fee is equal to $10,000 per year.

  • The employee may have legal counsel or other representative and witnesses present at the hearing before a Hearing Officer, but must bear his/her own costs for any counsel or assistance in presentation of his case.

  • Aggregate Minimum Fee The sum of Allianz Variable Insurance Products Trust Asset Based Fees less the fee reduction and the Allianz Variable Insurance Product Trust Fund of Funds Annual Per Fund Fees listed in the separate agreement between Service Provider and the Allianz Variable Insurance Product Trust Fund of Funds is subject to an annual minimum of $3,500,000.

  • Asset Based Fees (applied to aggregate Trust assets, less assets of the AZL Moderate Index Strategy Fund): First $4 Billion in Assets 4.70 bps Next $2 Billion in Assets 4.00 bps Next $2 Billion in Assets 2.00 bps Assets greater than $8 Billion in Assets 1.00 bps Aggregate Minimum Fee: The sum of Allianz Variable Insurance Products Trust Asset Based Fees is subject to an annual minimum of $3,000,000.

  • Aggregate Minimum Fee The sum of: (1) Allianz Variable Insurance Products Trust Asset Based Fees listed in a separate agreement between Service Provider and Allianz Variable Insurance Products Trust less the fee reduction included in such agreement and (2) the Allianz Variable Insurance Product Trust Fund of Funds Annual Per Fund Fees listed above is subject to an annual minimum of $3,500,000.

  • The Chair then indicated that the latest MFID Assignments document 15‐028 was distributed for review October 23rd with comments due by January 15th using comment template 15‐029.

  • Asset Based Fees (applied to aggregate Trust assets, less assets of the AZL Moderate Index Strategy Fund): First $4 Billion in Assets 4.70 bps Next $2 Billion in Assets 4.00 bps Next $2 Billion in Assets 2.00 bps Assets greater than $8 Billion in Assets 1.00 bps Aggregate Minimum Fee: The sum of Allianz Variable Insurance Products Trust Asset Based Fees is subject to an annual minimum of $3,255,705.

Related to Aggregate Minimum Fee

  • Minimum Tranche Amount has the meaning specified in Section 2.15(b).

  • Minimum Disbursement Amount means Twenty-Five Thousand and No/100 Dollars ($25,000).

  • Applicable Commitment Fee Rate shall mean the percentage rate per annum based on the Leverage Ratio then in effect according to the pricing grid on Schedule 1.1(A) below the heading “Commitment Fee.”

  • Maximum Face Amount means, with respect to any outstanding Letter of Credit, the face amount of such Letter of Credit including all automatic increases provided for in such Letter of Credit, whether or not any such automatic increase has become effective.

  • Aggregate Maximum Credit Amounts at any time shall equal the sum of the Maximum Credit Amounts, as the same may be reduced or terminated pursuant to Section 2.06.

  • Maximum Undrawn Amount means with respect to any outstanding Letter of Credit, the amount of such Letter of Credit that is or may become available to be drawn, including all automatic increases provided for in such Letter of Credit, whether or not any such automatic increase has become effective.

  • Aggregate Amount means the aggregate amount by which the resolution authority has assessed that eligible liabilities are to be written down or converted, in accordance with Article 46(1);

  • Minimum Balance means, at any time, an amount that equals the product of: (a) the average Borrowing Base (or, if less on any given day, the Revolving Loan Commitment) during the immediately preceding month multiplied by (b) the Minimum Balance Percentage for such month.

  • Maximum Facility Amount means the aggregate Commitments as then in effect, which amount shall not exceed $200,000,000; provided that at all times after the Reinvestment Period, the Maximum Facility Amount shall mean the aggregate Advances Outstanding at such time.

  • Maximum Credit Amount means, as to each Lender, the amount set forth opposite such Lender’s name on Annex I under the caption “Maximum Credit Amounts”, as the same may be (a) reduced or terminated from time to time in connection with a reduction or termination of the Aggregate Maximum Credit Amounts pursuant to Section 2.06(b) or (b) modified from time to time pursuant to any assignment permitted by Section 12.04(b).

  • Applicable Commitment Fee Percentage means, as at any date of determination, the rate per annum then applicable in the determination of the amount payable under Section 2.15(C)(i) hereof determined in accordance with the provisions of Section 2.15(D)(ii) hereof.

  • Maximum Available Commitment means, subject to the proviso contained in the third sentence of Section 2.02(a), at any time of determination, (a) the Maximum Commitment at such time less (b) the aggregate amount of each Interest Advance outstanding at such time; provided that following a Provider Advance or a Final Advance, the Maximum Available Commitment shall be zero.

  • Minimum Liquidity Amount shall have the meaning assigned to such term in the Pricing Side Letter.

  • Final Availability Date means the earlier of the Revolving Termination Date and one (1) Business Day prior to the date specified in clause (a) of the definition of Revolving Termination Date.

  • Maximum Swingline Amount means $5,000,000.

  • Total Commitment Amount means, at any particular time, the aggregate of the Individual Commitments of all of the Lenders at such time.

  • Maximum Commitment Amount means Five Million Dollars ($5,000,000.00).

  • Minimum Equity Amount shall have the meaning provided in the recitals to this Agreement.

  • Aggregate Expense Rate With respect to any Mortgage Loan, the sum of the Master Servicing Fee Rate, the applicable Servicing Fee Rate and the rate of any lender-paid Primary Mortgage Insurance Policy.

  • Aggregate Cap has the meaning set forth in Section 20.1A.

  • Aggregate Commitment Amount means, as of any date, the aggregate of all Commitment Amounts as of such date. On the Effective Date, the Aggregate Commitment Amount is $125,000,000.

  • Maximum Advance Amount shall not exceed Five Hundred Thousand Dollars ($500,000) or two hundred (200%) percent of the average daily volume based on the trailing ten (10) days preceding the Drawdown Notice date whichever is of a larger value.

  • Total Available Amount With respect to any Distribution Date, the sum of the Available Interest and the Available Principal for such Distribution Date and the amount of all cash or other immediately available funds on deposit in the Reserve Account immediately prior to such Distribution Date.

  • Minimum Commitment means any minimum commitment of time and usage for use of the Services by You during the Term of this Agreement.

  • Aggregate Outstanding Amount With respect to any of the Notes as of any date, the aggregate unpaid principal amount of such Notes Outstanding on such date.