Common use of AFS Split Calculation and Payment Clause in Contracts

AFS Split Calculation and Payment. The AFS for the applicable period shall be (A) divided between the Advisor and Sub-Advisor based upon the allocations to the Parties’ respective individual Marginal Buckets as calculated in accordance with the formula set forth in Table II below and then (B) paid to the Parties in the dollar amounts so determined. TABLE II

AFS Split Calculation and Payment. The AFS for the applicable period shall be (A) divided between the Advisor and Sub-Advisor based upon the allocations to the Parties’ respective individual Marginal Buckets as calculated in accordance with the formula set forth in Table II below and then (B) paid to the Parties in the dollar amounts so determined. TABLE II.