Annual Minimum per Fund Sample Clauses

Annual Minimum per Fund. Funds 1-5 $[ ] Funds 6-10 $[ ] Funds 11-15 $[ ] Funds 16+ $[ ] Basis Points on Trust AUM First $250m [ ] bps Next $250m [ ] bps Next $500m [ ] bps Balance [ ] bps See APPENDIX A for Services and Associated Fees in addition to the Base Fee See APPENDIX B for OPTIONAL Supplemental Services and Associated Fees 1 Each fund, regardless of asset size, will have fees allocated to it equal to the per fund minimum. Should the complex level basis point fee calculation exceed the complex level minimum fee level calculation, the fees in excess of the minimum will be allocated to each fund based on percent on AUM. 2 Subject to annual CPI increase - All Urban Consumers - U.S. City Average. Fees are calculated pro rata and billed monthly U.S. Bancorp Fund Services, LLC APPENDIX A Accounting, Administration, TA Services in addition to the Base Fee1 Pricing Services For daily pricing of each securities (estimated 252 pricing days annually) • $[ ] - Equities, Options, ADRs, Foreign Equities, Futures, Forwards • $[ ] - Domestic Corporates, Convertibles, Governments, Agencies, Currency Rates, Mortgage Backed • $[ ] - CMOs, Municipal Bonds, Money Market Instruments, Foreign Corporates, Convertibles, Governments, Agencies, Asset Backed, High Yield • $[ ] - Interest Rate Swaps, Foreign Currency Swaps, Total Return Swaps, Total Return Bullet Swaps • $[ ] - Bank Loans • $[ ] - Swaptions • $[ ] - Credit Default Swaps • $[ ] per Month Manual Security Pricing (>25 per day) NOTE: Prices are based on using U.S. Bancorp primary pricing service which may vary by security type and are subject to change. Use of alternative and/or additional sources may result in additional fees. Pricing vendors may designate certain securities as hard to value or as a non-standard security type, such as CLOs and CDOs, which may result in additional fees. All schedules subject to change depending upon the use of unique security type requiring special pricing or accounting arrangements. Corporate Action Services Fee for IDC data used to monitor corporate actions • $[ ] per Foreign Equity Security per Month • $[ ] per Domestic Equity Security per Month • $[ ] per CMOs, Asset Backed, Mortgage Backed Security per Month ESS Chief Compliance Officer Annual Fee (subject to board approval) • $[ ] for the first fund • $[ ] for each additional fund • $[ ] per sub-advisor per fund Third Party Administrative Data Charges (descriptive data for analytics, reporting and compliance) • $[ ] per security per month
Sample 1See All (4)
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Annual Minimum per Fund. Funds 1-5 $[ ] Funds 6-10 $[ ] Funds 11-15 $[ ] Funds 16+ $[ ] Basis Points on Trust AUM First $250m [ ] bps Next $250m [ ] bps Next $500m [ ] bps Balance [ ] bps See APPENDIX A for Services and Associated Fees in addition to the Base Fee See APPENDIX B for OPTIONAL Supplemental Services and Associated Fees 1 Each fund, regardless of asset size, will have fees allocated to it equal to the per fund minimum. Should the complex level basis point fee calculation exceed the complex level minimum fee level calculation, the fees in excess of the minimum will be allocated to each fund based on percent on AUM. 2 Subject to annual CPI increase - All Urban Consumers - U.S. City Average. Fees are calculated pro rata and billed monthly U.S. Bancorp Fund Services, LLC APPENDIX A Accounting, Administration, TA Services in addition to the Base Fee1 Pricing Services For daily pricing of each securities (estimated 252 pricing days annually) • $[ ] - Domestic Equities, Options, ADRs, Foreign Equities, Futures, Forwards • $[ ] - Domestic Corporates, Convertibles, Governments, Agencies, Currency Rates, Mortgage Backed • $[ ] - CMOs, Municipal Bonds, Money Market Instruments, Foreign Corporates, Convertibles, Governments, Agencies, Asset Backed, High Yield • $[ ] - Interest Rate Swaps, Foreign Currency Swaps, Total Return Swaps, Total Return Bullet Swaps • $[ ] - Bank Loans • $[ ] - Swaptions • $[ ] - Credit Default Swaps • $[ ] per Month Manual Security Pricing (>25 per day) NOTE: Prices are based on using U.S. Bancorp primary pricing service which may vary by security type and are subject to change. Use of alternative and/or additional sources may result in additional fees. Pricing vendors may designate certain securities as hard to value or as a non-standard security type, such as CLOs and CDOs, which may result in additional fees. All schedules subject to change depending upon the use of unique security type requiring special pricing or accounting arrangements. Corporate Action Services Fee for IDC data used to monitor corporate actions • $[ ] per Foreign Equity Security per Month • $[ ] per Domestic Equity Security per Month • $[ ] per CMOs, Asset Backed, Mortgage Backed Security per Month ESS Chief Compliance Officer Annual Fee (subject to board approval) • $[ ] for the first fund • $[ ] for each additional fund • $[ ] per sub-advisor per fund Third Party Administrative Data Charges (descriptive data for analytics, reporting and compliance) • $[ ] per security per month
Sample 1
Annual Minimum per Fund. Funds 1-10 $[ ] Funds 11-20 $[ ] Funds 21+ $[ ] Basis Points on Trust AUM First [ ] [ ]bp Balance [ ]bp See below for Services and associated fees in addition to Base Fee See following pages for Global Sub-Custodial Services & Safekeeping Services in addition to the Base Fee 1 Fees are calculated pro rata and billed monthly Exhibit R (continued) to the ETF Series Solutions Custody Agreement Fee schedule at July 18, 2017 Domestic Custody Services in addition to the Base Fee 1 Portfolio Transaction Fees2 • $[ ] - Book entry DTC transaction, Federal Reserve transaction, principal paydown • $[ ]- Repurchase agreement, reverse repurchase agreement, time deposit/CD or other non-depository transaction • $[ ]- Options/SWAPS/future contract written, exercised or expired • $[ ]- Mutual fund trade, Margin Variation Wire and outbound Fed wire • $[ ]- Physical security transaction • $[ ]- Check disbursement (waived if U.S. Bancorp is Administrator) A transaction is a purchase/sale of a security, free receipt/free delivery, maturity, tender or exchange. Miscellaneous Expenses Including but not limited to expenses incurred in the safekeeping, delivery and receipt of securities, shipping, transfer fees, deposit withdrawals at custodian (DWAC) fees, SWIFT charges and extraordinary expenses based upon complexity. Additional Services • Additional fees apply for global servicing. • $[ ] per Sub Advisor or Segregated custody account per year • No charge for the initial conversion free receipt. • Overdrafts - charged to the account at Fed Funds rate plus [ ]bp unless a line of credit is in place. 1 Fees are calculated pro rata and billed monthly 2 "Sponsor trades" are defined as any trades put through the Portfolio, on behalf of the Fund by any portfolio manager/sub advisor and their affiliates authorized by the BOT to act on behalf of the Fund, outside of the create/redeem process. Cash-in-Lieu proceeds received as part of the create/redeem process, and their related transactions are not considered to be “Sponsor trades”. Exhibit R (continued) to the ETF Series Solutions Custody Agreement Additional Global Sub-Custodial Services Annual Fee Schedule at July 18, 2017 Base Fee A monthly fee per ETF {fund) will apply based on the following: • foreign securities: $[ ] • Euroclear- Eurobonds only. Eurobonds are held in Euroclear at a standard rate, but other types of securities (including but not limited to equities, domestic market debt and mutual funds) will be subject to a surcha...
Sample 1
Annual Minimum per Fund. Funds 1-5 $[ ] Funds 6-10 $[ ] Funds 11+ $[ ] Basis Points on Trust AUM First $250m [ ] bps Next $250m [ ] bps Next $500m [ ] bps Balance [ ] bps Year 1Step2 In Fees per Fund for Administration/Accounting/Transfer Agent annual minimum1 Q1 Year 1 25% of annual minimum1 Q2 Year 1 50% of annual minimum1 Q3 Year 1 150% of annual minimum1 Q4 Year 1 175% of annual minimum1 Month 1 $[ ] Month 4 $[ ] Month 7 $[ ] Month 10 $[ ] Month 2 $[ ] Month 5 $[ ] Month 8 $[ ] Month 11 $[ ] Month 3 $[ ] Month 6 $[ ] Month 9 $[ ] Month 12 $[ ] See APPENDIX A for Services and Associated Fees in addition to the Base Fee See APPENDIX B for OPTIONAL Supplemental Services and Associated Fees 1 Each fund, regardless of asset size, will have fees allocated to it equal to the per fund minimum. Should the complex level basis point fee calculation exceed the complex level minimum fee level calculation, the fees in excess of the minimum will be allocated to each fund based on percent on AUM. 2 Subject to annual CPI increase - All Urban Consumers - U.S. City Average. Fees are calculated pro rata and billed monthly Advisor’s Signature below acknowledges approval of the schedules on this Exhibit S. Change Finance, PBC By: /s/ Dorrit Lowsen Printed Name: Dorrit Lowsen Title: Chief Operating Officer Date: 9/27/2017 Base Fee for Accounting, Administration, Transfer Agent & Account Services at July 2017 The following reflects the greater of the basis point fee or annual minimum1 for funds where Change Finance, PBC acts as Adviser to the fund in the ETF Series Solutions (ESS) ETF Trust.2 Annual Minimum per Fund Basis Points on Trust AUM Funds 1-5 $[ ] First $250m [ ] bps Funds 6-10 $[ ] Next $250m [ ] bps Funds 11-15 $[ ] Next $500m [ ] bps Funds 16+ $[ ] Balance [ ] bps See APPENDIX A for Services and Associated Fees in addition to the Base Fee 1Each fund, regardless of asset size, will have fees allocated to it equal to the per fund minimum. Should the complex level basis point fee calculation exceed the complex level minimum fee level calculation, the fees in excess of the minimum will be allocated to each fund based on the percent on AUM. Once a Fund is operational, should this service agreement be terminated with USBFS prior to the end of the initial three year period, the Adviser will be will be responsible for the balance of the minimum fees for the remainder of the service agreement’s 12-month period beginning with the Fund’s launch or any anniversary of launch. To avoid doubt, if a Fund...
Sample 1
Annual Minimum per Fund. Funds 1-5 $[ ] Funds 6-10 $[ ] Funds 11+ $[ ] Basis Points on Trust AUM First $1b [ ] bp Balance [ ] bp See APPENDIX D for Services and Associate Fees in addition to Base Fee See APPENDIX D for OPTIONAL Supplemental Services and Associated Fees 1 Each fund, regardless of asset size, will have fees allocated to it equal to the per fund minimum. Should the complex level basis point fee calculation exceed the complex level minimum fee level calculation, the fees in excess of the minimum will be allocated to each fund based on percent on AUM. 2 Fees are calculated pro rata and billed monthly APPENDIX D Quasar Distributors, LLC Regulatory Distribution Services in addition to the Base Fee1 Standard Advertising Compliance Review § $[ ] per communication piece for the first 10 pages (minutes if audio or video); $10 per page (minute if audio or video) thereafter. § $[ ] FINRA filing fee per communication piece for the first 10 pages (minutes if audio or video); $[ ] per page (minute if audio or video) thereafter. FINRA filing fee subject to change. (FINRA filing fee may not apply to all communication pieces.)
Sample 1
Annual Minimum per Fund. Funds 1-5 $[ ] Funds 6-10 $[ ] Funds 11+ $[ ] Basis Points on Trust AUM First $1b [ ] bp Balance [ ] bp Each fund, regardless of asset size, will have fees allocated to it equal to the per fund minimum Fees are calculated pro rata and billed monthly Quasar Distributors, LLC Regulatory Distribution Services in addition to Base Fee Standard Advertising Compliance Review § $[ ]per communication piece for the first 10 pages (minutes if audio or video); $[ ]per page (minute if audio or video) thereafter.
Sample 1

Related to Annual Minimum per Fund

  • Minimum Adjusted EBITDA As of any date of determination from and after April 1, 2008, if Borrowers do not have Net Debt in an amount less than $4,000,000 at all times during the most recently completed fiscal quarter, then Borrowers shall not fail to achieve Adjusted EBITDA, measured on a quarter-end basis, of at least the required amount set forth in the following table for the applicable period set forth opposite thereto (and the failure to do so shall be deemed an Event of Default): Applicable Amount Applicable Period $(1,234,000) For the 3 month period ending March 31, 2008 $(1,246,000) For the 6 month period ending June 30, 2008 $(200,000) For the 9 month period ending September 30, 2008 $(839,000) For the 12 month period ending December 31, 2008 $(750,000) For the 12 month period ending March 31, 2009 17 Applicable Amount Applicable Period $(500,000) For the 12 month period ending June 30, 2009 $(150,000) For the 12 month period ending September 30, 2009 $150,000 For the 12 month period ending December 31, 2009 $350,000 For the 12 month period ending March 31, 2010 $550,000 For the 12 month period ending June 30, 2010 $750,000 For the 12 month period ending September 30, 2010 $950,000 For the 12 month period ending December 31, 2010 and for each 12 month period ending as of the last day of each fiscal quarter thereafter

  • Minimum Payment (a) Overtime worked on a Saturday or Sunday will be paid for at the rate of double Ordinary Rates. Employees required to work on a Saturday or Sunday will be afforded a minimum 4 hours work, or be paid as if for 4 hours at the aforementioned overtime rates.

  • Minimum Payments If the Executive’s Termination Date occurs during the Agreement Term for any reason, the Executive shall be entitled to the following payments, in addition to any payments or benefits to which the Executive may be entitled under the following provisions of this Section 5 (other than this paragraph 5(a)) or the express terms of any employee benefit plan or as required by law:

  • Minimum Net Income The Borrower will maintain, during each period described below, its Net Income, determined as at the end of each quarter, at an amount not less than the amount set forth opposite such period (numbers appearing between “( )” are negative): Period Minimum Net Income Six months ending June 30, 2002 ($1,049,000) Nine months ending Sept. 30, 2002 ($665,000) Twelve months ending Dec. 31, 2002 ($600,000) "

  • Maximum Annual Operating Expense Limit The Maximum Annual Operating Expense Limit with respect to each Fund shall be the amount specified in Schedule A based on a percentage of the average daily net assets of each Fund.

  • Xxxxxx Limitation The Service reserves the right to refuse to pay any Xxxxxx to whom you may direct a payment. As required by applicable law, the Service will notify you promptly if it decides to refuse to pay a Xxxxxx designated by you. as set forth in Section 13 of the General Terms (Prohibited Payments) or an Exception Payment under this Agreement.

  • Adjustment of Minimum Quarterly Distribution and Target Distribution Levels (a) The Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution, Third Target Distribution, Common Unit Arrearages and Cumulative Common Unit Arrearages shall be proportionately adjusted in the event of any distribution, combination or subdivision (whether effected by a distribution payable in Units or otherwise) of Units or other Partnership Securities in accordance with Section 5.10. In the event of a distribution of Available Cash that is deemed to be from Capital Surplus, the then applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, shall be adjusted proportionately downward to equal the product obtained by multiplying the otherwise applicable Minimum Quarterly Distribution, First Target Distribution, Second Target Distribution and Third Target Distribution, as the case may be, by a fraction of which the numerator is the Unrecovered Capital of the Common Units immediately after giving effect to such distribution and of which the denominator is the Unrecovered Capital of the Common Units immediately prior to giving effect to such distribution.

  • Minimum Book Net Worth The Borrower will maintain as of the end of each month-end provided below, its Book Net Worth, determined as at the end of each month, at an amount not less than the amount set forth opposite such period: Period Minimum Book Net Worth 6/30/96 $9,180,000 7/31/96 $8,970,000 8/31/96 $9,145,000 9/30/96 $9,370,000 10/31/96 $9,820,000 11/30/96 $10,220,000 12/31/96 $10,420,000

  • Minimum Net Worth The Borrower will at all times maintain Consolidated Net Worth of not less than the sum of (i) $176,177,600 plus (ii) 50% of Consolidated Net Income earned in each fiscal quarter beginning with the quarter ending September 30, 2000 (without deduction for losses) plus (iii) the amount of any addition to the consolidated shareholders' equity of the Borrower and its Subsidiaries at any time resulting from the issuance or sale of any capital stock or other equity interests by the Borrower after the date of this Agreement.

  • Minimum Revenue Borrower and its Subsidiaries shall have annual Revenue from sales of the Product (for each respective calendar year, the “Minimum Required Revenue”):

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