Common use of Compensation of the Investment Manager Clause in Contracts

Compensation of the Investment Manager. For the services rendered, the facilities furnished and expenses assumed by the Investment Manager, the Fund shall pay to the Investment Manager at the end of each calendar month a fee which shall accrue daily at the annual rate specified by the schedule of fees in the Appendix to this Agreement. The average daily value of the net assets of the Portfolio shall be determined and computed in accordance with the description of the method of determination of net asset value contained in the Prospectus.

Appears in 35 contracts

Samples: Investment Management Agreement (Metropolitan Series Fund Inc), Investment Management Agreement (Metropolitan Series Fund Inc), Investment Management Agreement (Metropolitan Series Fund Inc)

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Compensation of the Investment Manager. For the services rendered, the facilities furnished and expenses assumed by the Investment Manager, the Fund shall pay to the Investment Manager at the end of each calendar month a the fee which shall accrue daily at the annual rate specified by the schedule of fees in the Appendix to this Agreement. The average daily value of the net assets of the Portfolio shall be determined and computed in accordance with the description of the method of determination of net asset value contained in the Prospectus.

Appears in 3 contracts

Samples: Agreement (Metropolitan Series Fund Inc), Management Agreement (Metropolitan Series Fund Inc), Agreement (Metropolitan Series Fund Inc)

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