Asset Charges definition

Asset Charges means the Mortgage, Equipment Pledges and agreement for pledge of lease rights to land plots No. 552-13-ZN/454-DI/4 dated 12 April 2017 between OJSC (as pledgor) and VTB Bank (as pledgee) in respect of the lease right to Land ▇▇▇▇ ▇ ▇▇▇ ▇▇▇▇ ▇▇▇▇ ▇;
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Asset Charges. The Company imposes a mortality and expense ("M&E") risk charge and an administrative expense charge, each of which is calculated as a percentage of asset value of each Variable Account Subaccount, to cover mortality and expense risk and other administrative costs. The percentages applied to asset value to determine these charges are the Daily M&E Rate and the Daily Administrative Rate. These charges are deducted from each Variable Account Sub-Account by reducing the Variable Accumulation Unit Value at the end of each Valuation Period. The Daily M&E Rate is equal to the daily rate equivalent of the annual rate of 1.25% and the Daily Administrative Rate is equal to the daily rate equivalent of the annual rate of 0.15%. In addition, Daily Fund Operating Expenses will be applied by each Fund as a percent of the daily fund balance as set forth in the prospectus for the applicable Fund(s).
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Asset Charges means the “Yearly Total” and the “Initial Charge“ taken by the investment management organisation of each Asset sold in the form of units or shares. See Part 4, Conditions 4.1.1 and 4.1.2.
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Examples of Asset Charges in a sentence

  • The Foreign Custody Asset Charges and Foreign Custody Transaction Charges applicable with respect to custody services in any country not listed in Appendix 1 above will be negotiated and agreed by State Street and the Funds prior to investment in such country.

  • The Foreign Custody Asset Charges will be calculated by multiplying the USD market value of the cash, securities and other assets held in custody on behalf of each Fund at month-end by the applicable basis point rate(s) (based on custody location), dividing the result (or the sum of such results) by 360 and multiplying that amount by 30.

  • STATE STREET BANK AND TRUST COMPANY /s/ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: Executive Vice President Each of the Registered Investment Companies Listed on Exhibit A to the Custody Agreement /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ Title: General Counsel On a monthly basis, each Fund shall pay a Foreign Custody Fee equal to the Foreign Custody Asset Charges, plus the Foreign Custody Transaction Charges, in each case as specified below.

  • SAFEKEEPING U.S. Asset Charges*: 1.0 basis point per annum on first $500 million 0.5 basis points per annum on assets over $500 million $12,000 minimum per annum * Includes preferred shares outstanding II.

  • Fixed Daily Charges (£ per Day) shall comprise: the Network Capacity Charge; the Meter Asset Charge; the Commission; the Administration Fee; and any other Approved charges required in order to ensure that the fixed costs associated with a Supply Point are accurately and appropriately allocated (including any adjustments in respect of Transportation Charges and Meter Asset Charges to be applied, pursuant to this Schedule 3, in respect of the previous Supply Year).

  • Fixed Daily Charges (£ per Day) shall comprise: the Network Capacity Charge; the Meter Asset Charge; the Meter Reading Charge; the Commission; the Administration Fee; and any other Approved charges required in order to ensure that the fixed costs associated with a Supply Point are accurately and appropriately allocated (including any adjustments in respect of Transportation Charges and Meter Asset Charges to be applied, pursuant to this Schedule 3, in respect of the previous Supply Year).

  • The Foreign Custody Asset Charges will be calculated by multiplying the USD market value of the cash, securities and other assets held in custody at month-end by the applicable basis point rate(s) (based on custody location), dividing the result (or the sum of such results if tiered rates apply) by 360 and multiplying that amount by 30.

  • Asset Charges Per Fund - Annually --------------------------------- Net Assets Amounts ---------- ------- First $100 Million .02% Over $100 Million .01% ($60,000 asset charge cap for each KeyChoice Fund) Minimum Monthly Asset Charge ---------------------------- The above charge will be subject to a minimum monthly amount of $1,666.66 per taxable Fund.

  • The Tariff also include other charges including CSS (Cross Subsidy Surcharge), RAC (Regulatory Asset Charges), additional surcharge, and any other applicable charges, except for the RPO (Renewable Power Obligation) charges and [trading margin (not applicable for Captive Mode)], which shall be borne by the Procurer itself.

  • Daily Checks for Asset Charges, Sales Charges, Liquidations and State Taxes...................