Administrator’s Fee. The Trust shall pay to the Administrator compensation at the annual rate specified in Schedule D to this Agreement until this Agreement is terminated in accordance with Article 8. Such compensation shall be calculated and accrued daily, and paid to the Administrator monthly. If this Agreement becomes effective subsequent to the first day of a month or terminates before the last day of a month, the Administrator’s compensation for that part of the month in which this Agreement is in effect shall be prorated in a manner consistent with the calculation of the fees as set forth above. Payment of the Administrator’s compensation for the preceding month shall be made promptly. The Administrator shall be responsible for payment of fees to any affiliated or non-affiliated third party that provides services under this Agreement.
Appears in 10 contracts
Samples: Administration and Transfer Agency Agreement (SEI Insurance Products Trust), Administration and Transfer Agency Agreement (SEI Catholic Values Trust), Sei Catholic Values Trust (SEI Catholic Values Trust)
Administrator’s Fee. The Trust shall pay to the Administrator compensation at the annual rate specified in Schedule D to this Agreement until this Agreement is terminated in accordance with Article 8. Such compensation shall be calculated and accrued daily, and paid to the Administrator monthly. If this Agreement becomes effective subsequent to the first day of a month or terminates before the last day of a month, the Administrator’s 's compensation for that part of the month in which this Agreement is in effect shall be prorated in a manner consistent with the calculation of the fees as set forth above. Payment of the Administrator’s 's compensation for the preceding month shall be made promptly. The Administrator shall be responsible for payment of fees to any affiliated or non-affiliated third party that provides services under this Agreement.
Appears in 4 contracts
Samples: Administration and Transfer Agency Agreement (Sei Asset Allocation Trust), Administration and Transfer Agency Agreement (Sei Institutional Investments Trust), Administration and Transfer Agency Agreement (Sei Index Funds)
Administrator’s Fee. The Trust shall pay to the Administrator compensation at the annual rate specified in Schedule D C to this Agreement until this Agreement is terminated in accordance with Article 87. Such compensation shall be calculated and accrued daily, and paid to the Administrator monthly. If this Agreement becomes effective subsequent to the first day of a month or terminates before the last day of a month, the Administrator’s compensation for that part of the month in which this Agreement is in effect shall be prorated in a manner consistent with the calculation of the fees as set forth above. Payment of the Administrator’s compensation for the preceding month shall be made promptly. The Administrator shall be responsible for payment of fees to any affiliated or non-affiliated third party that provides services under this Agreement.
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