Examples of Client Fees in a sentence
Further, I understand and acknowledge, that the Partnership and the General Partners are merely, as an administrative convenience, making such payments of Client Fees to the Advisor, and shall have no liability as a result thereof.
I further understand and acknowledge that if I elect to have such Client Fees paid through the Partnership I will receive less cash or Units, as applicable, from distributions than an investor who does not pay such Client Fees or does not pay such Client Fees through the Partnership.
The undersigned further acknowledges that all cash distributions by the Partnership are noncumulative and thus the obligation to pay Client Fees pursuant to the terms of the Authorization is noncumulative.
All Client Fees paid will be paid from those amounts that would otherwise be paid to the Investor or compounded in his capital account.
The authorization to pay Client Fees is solely at the election of the Investor and is not a requirement of investment.