Excess Fees definition
Excess Fees has the meaning provided in Section 2.6(c).
Excess Fees means (i) on or prior to the Maturity Date, including on or prior to the occurrence of a Trigger Initiated Defeasance Event, a Market Initiated Defeasance Event or an Early Termination Event, any Extraordinary Expenses incurred or accrued by the Fund which would give rise, directly or indirectly, to a Floor Shortfall (or in the case of an Early Termination Event, any Accelerated Floor Shortfall) or increase, directly or indirectly, an existing Floor Shortfall (or in the case of an Early Termination Event, any Accelerated Shortfall Amount), but for the adjustment required under Section 2.5(b)(ii); and (ii) following the occurrence of a Trigger Initiated Defeasance Event, a Market Initiated Defeasance Event or an Early Termination Event, any Fund Fees and Expenses, including any Extraordinary Expenses incurred or accrued by the Fund, that exceed 135 basis points per annum (on an annualized basis) of the average daily Net Assets of the Fund for the Class A Shares, 200 basis points per annum (on an annualized basis) of the average daily Net Assets of the Fund for the Class C Shares, 100 basis points per annum (on an annualized basis) of the average daily Net Assets of the Fund for the Class S Shares and 100 basis points per annum (on an annualized basis) of the average daily Net Assets of the Fund for the Institutional Shares.
Excess Fees has the meaning given to it in Clause 3.1.3;
Examples of Excess Fees in a sentence
The Attorney must seek approval for extension of fees by submitting to the Chief Judge at Family and Juvenile Court or their Designee a Motion and Proposed Order for Excess Fees.
BISYS shall be in breach of the minimum fee payment requirements of this Section (which shall be a material breach of this Agreement) if it either (A) fails to make any quarterly minimum fee payment when due, or (B) fails to pay any Excess Fees when due.
In the event of infringement or risk of infringement of trademark rights, patent rights, design rights, copyrights, other property, or privacy of the Council, other members, or third parties.
The purpose of this Agreement is to resolve the Citations; Desist and Refrain Order; and Order Voiding Transactions and Disgorgement of all Charges and Excess Fees expeditiously, avoid the expense of a hearing, and possible further court proceedings.
Even if Participant doesn’t receive any such communication or notice from HP, Participant will be liable for all Excess Fees incurred.
More Definitions of Excess Fees
Excess Fees means (i) on or prior to the occurrence of a Trigger Initiated Defeasance Event or a Market Initiated Defeasance Event, any Extraordinary Expenses incurred or accrued by the Fund which would give rise, directly or indirectly, to a Floor Shortfall or increase, directly or indirectly, an existing Floor Shortfall, but for the adjustment required under Section 2.5(b)(ii); and (ii) following the occurrence of a Trigger Initiated Defeasance Event or a Market Initiated Defeasance Event, any Fund Fees and Expenses incurred or accrued by the Fund that exceed 130 basis points per annum (on an annualized basis) of the average daily Net Assets of the Fund for the Class A Shares, 205 basis points per annum (on an annualized basis) of the average daily Net Assets of the Fund for the Class B Shares, 205 basis points per annum (on an annualized basis) of the average daily Net Assets of the Fund for the Class C Shares and 155 basis points per annum (on an annualized basis) of the average daily Net Assets of the Fund for the Class N Shares.
Excess Fees means (i) on or prior to the occurrence of a Permanent Defeasance Event, any Extraordinary Expenses incurred or accrued by the Fund which would give rise, directly or indirectly, to a PV Shortfall or increase, directly or indirectly, an existing PV Shortfall, but for the adjustment required under Section 2.5(b)(ii), and (ii) following the occurrence of a Permanent Defeasance Event, any Fund Fees and Expenses incurred or accrued by the Fund that exceed 1.05% per annum of the average daily Net Assets of the Fund for the Class A Shares, 2.05% per annum of the average daily Net Assets of the Fund for the Class B Shares, 2.05% per annum of the average daily Net Assets of the Fund for the Class C Shares and 1.30% per annum of the average daily Net Assets of the Fund for the Class D Shares.
Excess Fees has the meaning provided in Section 2.6(j).
Excess Fees means Fund fees and expenses (other than Investment Related Expenses) accruing in excess of the limitations provided in the Expense Limitation Agreement, including, without limitation, Income Taxes and any extraordinary expenses (as described in the Expense Limitation Agreement), including any indemnification claims made by the Warranty Provider against the Fund and the Adviser pursuant to this Agreement.
Excess Fees means any amount by which the Manager Fees exceed 1% of Total Assets in any annual period;
Excess Fees has the meaning provided in SECTION 2.6(B).
Excess Fees has the meaning set forth in Subsection 6.2;