Average Daily Assets definition

Average Daily Assets means, as to a Monthly Period (as defined in Section 9 below) an amount equal to the sum of the daily market value of that portion of the assets of the Fund that have been allocated to the Sub-Adviser pursuant to Section 3(a)(i) below for each calendar day in the Monthly Period divided by the number of days in the Monthly Period;
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Average Daily Assets means the daily average of net assets calculated on the basis of assets at the close of each day in the period.
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Average Daily Assets means the daily average of net assets calculated on the basis of assets at the close of each day in the peri- od. (2) “CLF” means Central Liquidity Facility.
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Examples of Average Daily Assets in a sentence

  • For such a stub quarter, Average Daily Assets shall be the sum of the daily assets for each calendar day in the quarter through and including the date of termination of the Participation Agreement(s), divided by the number of calendar days in that quarter for which the Participation Agreement was in effect.

  • Average Daily Assets shall be the sum of the daily assets for each calendar day in the quarter divided by the number of calendar days in the quarter.

  • In recognition of the fact that Company will respond to inquiries that otherwise would be handled by FIIOC, FIIOC agrees to pay Company a quarterly fee computed as follows: At the close of each calendar quarter FIIOC will determine the Average Daily Assets held in the Funds by the Company.

  • Such Average Daily Assets shall be multiplied by 0.0005 (5 basis points) and that number shall be multiplied by the number of days in such quarter that the Participation Agreement was in effect, then divided by three hundred sixty-five.

  • The Average Daily Assets shall be multiplied by 0.0005 (5 basis points) and that sum shall be divided by four.

  • Such Average Daily Assets shall be multiplied by [ ] ([ ] basis points) and that number shall be multiplied by the number of days in such quarter that the Participation Agreement was in effect, then divided by three hundred sixty-five.

  • In recognition of the fact that Company will respond to inquiries that otherwise would be handled by FIIOC, FIIOC agrees to pay Company a quarterly fee computed as follows: At the close of each calendar quarter, FIIOC will determine the Average Daily Assets held in the Funds by the Company.

  • The Average Daily Assets shall be multiplied by [ ] ([ ] basis points) and that sum shall be divided by four.

  • The Average Daily Assets shall be multiplied by 0.0004 (4 basis points) and that sum shall be divided by four.

  • Such Average Daily Assets shall be multiplied by 0.0004 (4 basis points) and that number shall be multiplied by the number of days in such quarter that the Participation Agreement was in effect, then divided by three hundred sixty-five.


More Definitions of Average Daily Assets

Average Daily Assets for any time period means the sum of the daily net assets invested by you on behalf of your employee benefit plan clients through Omnibus Accounts under the Agreement in Retail Funds for each calendar day in such period divided by the number of calendar days in such period.
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