Fee Waiver Period definition
Examples of Fee Waiver Period in a sentence
Following the conclusion of the Fee Waiver Period, the Manager may, in its sole discretion, waive its asset management fee, in whole or in part.
Substantially concurrently with the execution of this Agreement, the Manager shall enter into that certain Fee Waiver Support Agreement that provides that, subject to the terms and conditions contained therein and for the Fee Waiver Period, the Manager shall waive its asset management fee during the Fee Waiver Period.
Substantially concurrently with the execution of this Agreement, the Manager shall enter into that certain Fee Waiver Support Agreement that provides that, subject to the terms and conditions contained therein and for a period until December 31, 2016 (the “Fee Waiver Period”), the Manager shall waive its asset management fee during the Fee Waiver Period if the average annualized non-compounded return to investors is less than eight percent (8%).
Substantially concurrently with the execution of this Agreement, the Manager shall enter into that certain Fee Waiver Support Agreement that provides that, subject to the terms and conditions contained therein and for a period until June 30, 2017 (the “Fee Waiver Period”), the Manager will waive its asset management fee during the Fee Waiver Period.
Substantially concurrently with the execution of this Agreement, the Manager shall enter into that certain Fee Waiver Support Agreement that provides that, subject to the terms and conditions contained therein and for a period until June 30, 2019 (the “Fee Waiver Period”), the Manager shall waive its asset management fee during the Fee Waiver Period.
Substantially concurrently with the execution of this Agreement, the Manager shall enter into that certain Fee Waiver Support Agreement that provides that, subject to the terms and conditions contained therein and for a period until December 31, 2019 (the “Fee Waiver Period”), the Manager shall waive its asset management fee during the Fee Waiver Period.
Substantially concurrently with the execution of this Agreement, the Manager shall enter into that certain Fee Waiver Support Agreement that provides that, subject to the terms and conditions contained therein and for a period until December 31, 2018 (the “Fee Waiver Period”), the Manager shall waive its asset management fee during the Fee Waiver Period.
Substantially concurrently with the execution of the Original Agreement, the Manager entered into that certain Fee Waiver Support Agreement that provides that, subject to the terms and conditions contained therein and for a period until June 30, 2019 (the “Fee Waiver Period”), the Manager shall waive its asset management fee during the Fee Waiver Period.
This Agreement is effective as of October 1, 2016 and shall remain in effect during the Fee Waiver Period unless otherwise terminated pursuant to this Section 3.
For investments made after April 1, 2013 and the Initial Investment once the Initial Investment Fee Waiver Period has terminated, the High Water ▇▇▇▇ attributable to a BlackRock Vehicle’s Account shall be increased dollar-for-dollar by any capital allocated to the Company by such BlackRock Vehicle and decreased proportionately when capital is reallocated away from the Company (other than to pay expenses) by such BlackRock Vehicle.