Annual Advisory Fee Sample Clauses

Annual Advisory Fee. You will pay us an annual advisory fee based on a percentage of the market value of assets upon which the fee is calculated. Please note all fees are subject to change. The annual advisory fee is calculated daily and applied, in arrears, on a quarterly basis and is due at the end of each quarter. The Fidelity Private Portfolio Service annual net advisory fee covers the Investment Management Team’s ongoing management of your PPS Account assets, including any trading costs and commissions, the communications sent to you to keep you informed about your account, and the personal service you receive from your dedicated Relationship Officer.2 As seen in the chart on the following page, Portfolio Advisory Services assesses a maximum gross advisory fee at a flat rate of 1.85% for clients with account assets of $300,000 to $500,000. For accounts with assets greater than $500,000, it starts at 1.55%, with breakpoints that reduce the rate to 1.05% (based on average daily account assets determined on the last business day of the quarter). MAXIMUM ANNUAL NET ADVISOR Y FEE SCHEDULE FOR FIDELITY PRIVATE POR TFOLIO SERVICE ACCOUNT Average Daily Assets* Maximum Annual Gross Advisory Fee } Maximum Annual Net Advisory Fee For the first $500,000 1.85% Less 1.10% For the next $500,000 or portion thereof 1.55% Credit 0.80% For the next $1,000,000 or portion thereof 1.45% Amount3 0.70% For the next $1,000,000 or portion thereof 1.15% 0.40% For total assets of $3 Million or more Flat Rate for Whole Account Based on Schedule Below SPECIAL MAXIMUM ANNUAL NET PRIVATE POR TFOLIO SERVICE ADVISOR Y FEE SCHEDULE FOR ACCOUNTS OF $3 MILLION OR FIDELITY MORE Average Daily Assets* Maximum Annual Gross Advisory Fee }Less Credit Amount3 Maximum Annual Net Advisory Fee $3,000,000 to $3,999,999 1.40% 0.65% $4,000,000 to $4,999,999 1.30% 0.55% $5,000,000 to $5,999,999 1.25% 0.50% $6,000,000 to $6,999,999 1.20% 0.45% $7,000,000 to $7,999,999 1.13% 0.38% $8,000,000 or more 1.05% 0.30% Continued 2The fees do not cover charges resulting from trades effected with or through broker-dealers other than affiliates or agents of the Sub- Adviser, or mark-ups or xxxx-xxxxx by such other broker-dealers, transfer taxes, exchange fees, the Securities and Exchange Commission (SEC) fees, odd-lot differentials, handling charges, electronic fund and wire transfer fees, and any other charges imposed by law or other- wise agreed to with regard to your account. The respective charges will be reflected on your monthly...
Sample 1
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Annual Advisory Fee. As consideration payable to the Advisors or any of their Affiliates for providing the Services to the Companies and their direct and indirect subsidiaries, the Companies shall pay to the Advisors an annual advisory fee (the "Advisory Fee") in an aggregate amount equal to the greater of (i) $2,200,000 and (ii) 1.8% of Consolidated Adjusted EBITDA (as defined in the Credit and Guaranty Agreement, dated as of the date hereof, among the Company, certain subsidiaries of the Company and the lenders thereto, as amended from time to time) for the prior fiscal year, due and payable in advance on each anniversary of the date hereof; provided that the annual fee in respect of the first full year shall be paid on October 1, 2007. The Advisory Fee shall be apportioned among the Advisors as follows: (i) 45.4545455% to Veritas, (ii) 31.8181818% to Golden Gate, and (iii) 22.72727273% to Goldman; provided that, if, at any time after the date hereof, there is a change in the Percentage Interests of VGG Holding owned by the Affiliates of any Advisor, the amounts payable to the Advisors pursuant to this Section 5(b) shall be adjusted and thereafter be payable to the Advisors pro rata in accordance with the proportion that the Percentage Interests of the Affiliates of each Advisor bears to the aggregate Percentage Interests of the Affiliates of all Advisors (after giving effect to any changes in the Percentage Interests of the Affiliates of each Advisor). Such payments shall accrue to the extent not paid.
Sample 1
Annual Advisory Fee. As consideration payable to the Advisors or any of their Affiliates for providing the Services to the Companies and their direct and indirect subsidiaries, AVSC shall pay to the Advisors an annual advisory fee (the “Advisory Fee”) in an aggregate amount equal to $1,500,000, due and payable in advance on each anniversary of the date hereof or if such date is not a business day, the next business day; provided that the annual fee in respect of the first full year shall be paid on the date hereof. The Advisory Fee shall be apportioned among the Advisors as follows: (i) 50% to Olympus and (ii) 50% to Goldman; provided that, if, at any time after the date hereof, there is a change in the number of Class A Units owned by the Affiliates of either Advisor, the amounts payable to the Advisors pursuant to this Section 5(b) shall be adjusted and thereafter be payable to the Advisors pro rata in accordance with the proportion that the number of Class A Units owned by the Affiliates of each Advisor bears to the aggregate number of Class A Units owned by the Affiliates of both Advisors (after giving effect to any changes in the Class A Units of the Affiliates of each Advisor) (this proportion, the “Pro Rata Proportion”). Such payments shall accrue to the extent not paid. In the case of an Initial Public Offering (as defined in the LLC Agreement), the Companies shall pay to each Advisor (or an affiliate of such Advisor designated by it), in addition to the fees payable above, an amount equal to its Pro Rata Proportion of the net present value (using a discount rate equal to the then yield on U.S. Treasury Securities of like maturity) of the Advisory Fee that would have been payable to the Advisors over the remaining term of this Agreement. In the case of a Change of Control (as defined in the LLC Agreement), the Companies shall pay to each Advisor (or an affiliate of such Advisor designated by it), in addition to the fees payable above, its Pro Rata Proportion of the greater of (i) 1.0% of the total consideration to be received by the owners of PSAV Holdings as a result of the transaction (or series of transactions) that causes the Change of Control (as determined by the board of managers of PSAV Holdings), and (ii) an amount equal to the net present value (using a discount rate equal to the then yield on U.S. Treasury Securities of like maturity) of the Advisory Fee that would have been payable to the Advisors over the remaining term of this Agreement.
Sample 1
Annual Advisory Fee. As consideration for providing the Services to Parent and its direct and indirect subsidiaries, subject to Section 2(c), in respect of each fiscal year, including fiscal year 2011, Parent shall pay in cash to Advisor an annual advisory fee (the “Advisory Fee”) in an aggregate amount equal to the greater of (i) $1,000,000 and (ii) 3.0% of Consolidated EBITDA (as defined in the Credit Agreement, as the same may be amended from time to time) for the prior fiscal year (the “Formula Amount”), due and payable in advance on each anniversary of the date hereof or if such date is not a Business Day, the next Business Day (each, a “Payment Date”); provided that for purposes of the calculation and payment of the Advisory Fee due and payable in respect of each fiscal year, (1) Parent shall pay Advisor an amount in cash equal to $1,000,000 on the applicable Payment Date (the “Estimated Payment”) and (2) upon the completion of the preparation of annual consolidated financial statements of Parent in respect of the applicable prior fiscal year, Parent will promptly deliver to Advisor a statement setting forth the actual Advisory Fee payable in respect of such fiscal year taking into account the Consolidated EBITDA for such fiscal year as reflected on such financial statements (the “Actual Amount”) and the amount (if any) by which the Estimated Payment is less than the Actual Amount, and pay Advisor in cash the amount of such shortfall; and provided further that the Payment Date for the Estimated Payment in respect of fiscal year 2011 shall be the date hereof, concurrently with the Closing. Such payments, to the extent not timely paid (but, for the avoidance of doubt, such payments shall be made to the extent permitted under the Financing Documents), shall accrue interest at the per annum rate of 10.0%, compounded quarterly, from
Sample 1
Annual Advisory Fee. The Advisor shall be paid, for the services the Advisor renders to the Company pursuant to this Advisory Agreement, an annual advisory fee, payable monthly, equal to 1-1/4% of Average Invested Assets of the Company (the "Advisory Fee"). This fee is reduced to 1.0% on average invested assets from $35 million to $50 million and to .75% on average invested assets over $50 million. For purposes of this Agreement, "Average Invested Assets" of the Company shall be deemed to mean, for any period, the average of the aggregated book value of the assets of the Company invested, directly or indirectly, in loans (or an interest in loans) secured by real estate, and first mortgage bonds secured by real estate; before reserves for depreciation or bad debts or other similar non-cash reserves, computed by taking the average of such values at the end of each month during such period.
Sample 1
Annual Advisory Fee. A. For calendar quarters beginning prior to January 1, 2010, the following information applies: MAXIMUM ANNUAL NET ADVISORY FEE SCHEDULE FOR FIDELITY PORTFOLIO ADVISORY SERVICE® ACCOUNTS Average Daily Assets1 Maximum Annual Gross Advisory Fee Maximum Annual Net Advisory Fee For assets less than $200,000 1.70% }Less Credit Amount2 1.10% For the first $200,000 1.60% 1.00% For the next $100,000 or portion thereof 1.40% 0.80% For the next $200,000 or portion thereof 1.30% 0.70% For the next $500,000 or portion thereof 1.10% 0.50% For the next $1,000,000 or portion thereof 1.00% 0.40% For the next $1,000,000 or portion thereof 0.85% 0.25% For total assets of $3 million or more Flat Rate for Whole Account Based on Schedule Below SPECIAL MAXIMUM ANNUAL NET ADVISORY FEE SCHEDULE FOR FIDELITY PORTFOLIO ADVISORY SERVICE® ACCOUNTS OF $3 MILLION OR MORE Average Daily Assets1 Maximum Annual Gross Advisory Fee Maximum Annual Net Advisory Fee $3,000,000 to $3,999,999 0.98% }Less Credit Amount2 0.38% $4,000,000 to $4,999,999 0.95% 0.35% $5,000,000 to $5,999,999 0.92% 0.32% $6,000,000 to $6,999,999 0.90% 0.30% $7,000,000 to $7,999,999 0.88% 0.28% $8,000,000 or more 0.85% 0.25% 1 Average daily assets of Portfolio Advisory Services Accounts are determined on the last business day of the quarter. Certain Portfolio Advisory Services Account balances may be aggregated with certain other Portfolio Advisory Services Account balances in order to arrive at the reduced fee rates applicable to various marginal balances. Contact your Portfolio Advisory Services representative for details of the Account aggregation policy.
Sample 1

Related to Annual Advisory Fee

  • Sub-Advisory Fee For services provided under subparagraph (a) of paragraph 1 of this Agreement, the Sub-Advisor agrees to pay the U.K. Sub-Advisor a monthly sub-advisory fee (the "U.K. Sub-Advisory Fee"). The U.K. Sub-Advisory Fee shall be equal to 110% of the U.K. Sub-Advisor's costs incurred in connection with rendering the services referred to in subparagraph (a) of paragraph 1 of this Agreement. The U.K. Sub-Advisory Fee shall not be reduced to reflect expense reimbursements or fee waivers by the Sub-Advisor or Advisor, if any, in effect from time to time.

  • Advisory Fee As compensation for all services rendered, facilities provided and expenses paid or assumed by the Adviser under this Agreement, each Fund shall pay the Adviser on the last day of each month, or as promptly as possible thereafter, a fee calculated by applying a monthly rate, based on an annual percentage rate, to the Fund's average daily net assets for the month. The annual percentage rate applicable to each Fund is set forth in Appendix A to this Agreement, as it may be amended from time to time in accordance with Section 1.3 of this Agreement. If this Agreement shall be effective for only a portion of a month with respect to a Fund, the aforesaid fee shall be prorated for the portion of such month during which this Agreement is in effect for the Fund.

  • SUB-ADVISORY FEES For all of the services rendered with respect to the Fund as herein provided, the Advisor shall pay to the Sub-Advisor a fee (for the payment of which the Fund shall have no obligation or liability), based on the Current Net Assets of the Portfolio (as defined below), as set forth in Schedule A attached hereto and made a part hereof. Such fee shall be accrued daily and payable quarterly, as soon as practicable after the last day of each calendar quarter. In the case of termination of this Agreement with respect to the Fund during any calendar month, the fee with respect to such Portfolio accrued to, but excluding, the date of termination shall be paid promptly following such termination. For purposes of computing the amount of advisory fee accrued for any day, “

  • Investment Advisory Fee For services provided under subparagraph (a) of paragraph 1 of this Agreement, the Advisor agrees to pay the Sub-Advisor a monthly Sub-Advisory Fee. The Sub-Advisory Fee shall be equal to 110% of the Sub-Advisor's costs incurred in connection with rendering the services referred to in subparagraph (a) of paragraph 1 of this Agreement. The Sub-Advisory Fee shall not be reduced to reflect expense reimbursements or fee waivers by the Advisor, if any, in effect from time to time.

  • Advisory Fees There is no investment banker, broker, finder or other intermediary or advisor that has been retained by or is authorized to act on behalf of the Company or any Seller who might be entitled to any fee, commission or reimbursement from the Company or the Buyer.

  • Consulting Fee In consideration of HERE’s services, REGENT agrees to pay HERE a consulting fee of US$200,250 (“Consulting Fee”) which shall be paid according to the following schedule upon HERE submitting invoices for its services to REGENT:

  • Annual Fee As compensation for its activities hereunder, the Asset Representations Reviewer shall be entitled to receive an annual fee (the “Annual Fee”) with respect to each Annual Period prior to the termination of the Issuer, in an amount equal to $5,000.

  • Underwriting Compensation Determination and Cap The maximum amounts set forth in clauses (a) and (c) above are considered underwriting compensation pursuant to FINRA Rule 5110. A portion of the amounts payable by Masterworks pursuant to clause (b) above along with any amounts paid or payable by Masterworks or Client or any of their respective affiliates to ((or benefits paid in respect of) any related person of the Co-Managers is generally deemed to be underwriting compensation. Any such amounts shall be allocated to the Offering and other related offerings in a manner deemed to be reasonable and appropriate by each of the Co-Managers, consistent with FINRA rules and regulations to determine underwriting compensation relating to the Offering. To the extent such allocation would be determined to result in maximum underwriting compensation being equal to or in excess of 10% of the aggregate gross offering proceeds, the Parties will adjust the provisions of this Agreement or the Client will adjust the terms of employment of persons affiliated with either of the Co-Managers in such manner as is reasonable and necessary to ensure that aggregate underwriting compensation does not equal or exceed 10% of the aggregate gross offering proceeds. The total amount of all items of compensation from any source payable to underwriters, broker-dealers, or affiliates thereof will not exceed ten percent (10%) of the gross proceeds of the offering.

  • Annual Fees Tiered Fee Schedule for Premier Wealth Tactical, Premier Wealth Tactical Core, ETF Sector Rotation, Tactical Opportunity, Equity Growth and Value, Equity Growth Opportunity, Equity Dividend Income, and all Premier Wealth Tactical Core/ ETF Sector Rotation Strategies (also known as Xxxxxxxxx Moderate, Xxxxxxxxx Moderately Aggressive, or Xxxxxxxxx Aggressive):

  • INVESTMENT ADVISORY AND MANAGEMENT FEE (a) The Fund shall pay to the Advisor, and the Advisor agrees to accept, as full compensation for all services furnished or provided to such Fund pursuant to this Agreement, an annual management fee at the rate set forth in Schedule A to this Agreement.

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