Examples of Program Management Fee in a sentence
If the Board objects to a portion of such calculation, the Contractor may withdraw such portion of the Program Management Fee that is not in dispute.
In the event of termination of this Agreement for any reason set forth in this Section 13, the Contractor will be entitled to withdraw its Program Management Fee in accordance with Section 9 for satisfactory services performed prior to the termination, net of any amounts transferred to the Board in accordance with Section 13.6 above.
Any requests for services that will increase the Program Management Fee will be discussed prior to implementation of the request.
One award is authorized the year following a program year (PY+1) that includes the ex-ante portion of ESPI category A (EE Resource Savings), and all of categories B (Ex-Ante Performance Review), C (Codes and Standards Program Management Fee), and D (Non-Resource Program Management Fee).
You acknowledge and agree that, with the exception of the Checking Investment Option, each Investment Option is subject to a Program Management Fee as set forth in the Program Disclosure Statement.
One award is authorized the year following a program year (PY+1) that includes the ex-ante portion of ESPI category A (EE Resource Savings), and all of categories B (Ex Ante Performance Review), C (Codes and Standards Program Management Fee), and D (Non-Resource Program Management Fee).
The costs of MONITORING SERVICES in Exhibit A and EWMP-RELATED TASKS in Exhibit B include a Program Management Fee for facilitation of this MOA by the SBCCOG in the combined amount of $50,000 per year as shown in Table 2 of Exhibit A and B.
Investment Option Program Management Fee1 Estimated Underlying Mutual Fund Expense2 Total Annual Asset- Based Fees3 Growth 0.50% 0.04% 0.54% Moderate 0.50% 0.04% 0.54% Conservative 0.50% 0.05% 0.55% Bank Savings 0.50% NONE 0.50% Checking NONE NONE NONE 1 Each Investment Option except the Checking Investment Option pays the Program Manager an annualized Program Management Fee equal to the stated percentage of the average daily net assets held by that Investment Option.
The Program Manager may receive from one or more Underlying Investments an amount to compensate the Program Manager for performing certain administrative or other shareholder services associated with maintaining an investment in such Underlying Investment.Negative returnThe Program Manager will endeavor to maintain a positive or zero return on the State Street U.S. Government Money Market 529 Investment Option by waiving a portion of its Program Management Fee earned on that Investment Option.
Notwithstanding the foregoing, the aggregate AUM-Based SMCCF Program Management Fee and SMCCF Asset Management Fee for any calendar quarter shall be reduced by the BlackRock ETF Revenue Amount for such quarter; provided that the aggregate amount of the AUM-Based SMCCF Program Management Fee and SMCCF Asset Management Fee for any calendar quarter shall not be reduced to less than zero (i.e., the aggregate AUM-Based SMCCF Program Management Fee and SMCCF Asset Management Fee cannot be a negative amount).