Buyout Amount definition
Buyout Amount means the amount that is equal to (1) the average monthly fee payable by the Series Complex to the Administrator hereunder during the six month period (or such shorter period if fewer than six months have elapsed since the effective date of this New Fund Addendum) immediately preceding the mutual agreement called for in this paragraph multiplied by (2) the number of months remaining in the then current term (including any Renewal Term to which the Series Complex is already committed). The Series Complex shall pay the Buyout Amount to the Administrator on or before the effective date of the Early Termination by means of wire or other immediately available funds.
Buyout Amount means the amount that is equal to (1) the average monthly fee payable by the Trust to Administrator hereunder during the six month period (or such shorter period if fewer than six months have elapsed since the effective date of this Schedule) immediately preceding the mutual agreement called for in this paragraph multiplied by (2) the number of months remaining in the then current term (including any Renewal Term to which the Trust is already committed). The Trust shall pay the Buyout Amount to Administrator on or before the effective date of the Early Termination by means of wire or other immediately available funds.
Buyout Amount means $200 million.
Examples of Buyout Amount in a sentence
Upon the occurrence of a Change of Control Lessee shall, unless the Lessor has consented to such Change of Control, pay to Lessor on the date of such Change of Control the Buyout Amount applicable to every Schedule.
More Definitions of Buyout Amount
Buyout Amount as defined in subsection 2.8(b)(iii).
Buyout Amount shall have the meaning set forth in Section 10.5(a) ---------------
Buyout Amount means the amount that is equal to (1) the average monthly fee payable by the Series Complex to the Administrator hereunder during the six month period (or such shorter period if fewer than six months have elapsed since the effective date of this New Fund Addendum) immediately preceding the mutual agreement called for in this paragraph multiplied by (2) the number of months remaining in the then current term (including any Renewal Term to which the Series Complex is already committed). The Series Complex shall pay the Buyout Amount to the Administrator on or before the effective date of the Early Termination by means of wire or other immediately available funds. Advisor Expense Repayment: Any and all out of pocket fees, costs, or expenses advanced by the Administrator, in its sole discretion on behalf of the Series Complex or the undersigned Advisor, as a result of any failure to fully satisfy and comply with any and all applicable portfolio expense caps or expense ratio limits, shall be the responsibility of the Advisor and shall be promptly repaid to the Administrator (“Repayment Obligation”). Any such Repayment Obligation of the Advisor shall survive: (i) the termination of the Agreement and this New Fund Addendum thereto, (ii) any merger or liquidation of any subject portfolio, unless and until the Repayment Obligation is indefeasibly paid in full. Notice to Advisor: Name of Party or Parties: Exchange Traded Concepts, LLC Name of Contact: J. G▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Address: 1▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇ Drive, Suite 207, Oklahoma City, Oklahoma 73120 Telephone No.: 4▇▇.▇▇▇.▇▇▇▇ Facsimile No.: 405.778.8375 Email Address: g▇▇▇▇▇▇@▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇
Buyout Amount means at any time of determination during any Applicable Period, an amount equal to (x) the Revenue Sharing Fee Cap Amount in effect for such Applicable Period minus (y) the aggregate amount of Revenue Sharing Fees paid to and received by the Agent (by wire transfer of immediately available funds for) for the period from the Closing Date until the date immediately prior to such time of determination; provided that the Buyout Amount shall not be less than zero.
Buyout Amount means the greater of 1/12(th) of the annual minimum fee multiplied by the number of months remaining in the then current term, or $125,000. The Investment Adviser shall pay the Buyout Amount to Administrator prior to Early Termination by means of wire or other immediately available funds.
Buyout Amount means the amount that is equal to (1) the average monthly fee otherwise payable in respect of the terminating Portfolio(s) hereunder during the six month period (or such shorter period if fewer than six months have elapsed since the effective date of the Agreement) immediately preceding the mutual agreement called for in this paragraph multiplied by (2) the lesser of the number of months remaining in the then current term (including any Renewal Term to which the Fund is already committed) and twelve. The Investment Adviser shall pay the Buyout Amount to Administrator on or before the effective date of the Early Termination by means of wire or other immediately available funds.
Buyout Amount means the public offering price or private sale price for the equivalent Membership Interest that would have been owned by Employee had Employee's Membership Interest not been subject to the Buyout provisions hereof.