Core Service Fee Sample Clauses

Core Service Fee. In exchange for the Services provided on behalf of the Plan, the Redhawk Fee payable to Redhawk shall be an annual fee paid quarterly in accordance with the table below. The asset based fee will be charged quarterly in arrears based on the Plan’s total assets at the end of each calendar quarter. The Redhawk Fee can be paid directly by the Plan Sponsor or from Plan assets. Plan Sponsor authorizes the Plan’s Provider to pay the fee due under this Agreement directly to Redhawk. To Be Completed by the Plan Sponsor: By checking off the appropriate option below, the Plan Sponsor agrees to pay the Redhawk Fee as indicated. If the Plan Sponsor does not make an election, Redhawk will take the Redhawk Fees directly from Participant accounts. Redhawk to take fees directly from Participant accounts. Redhawk to direct xxxx the Plan Sponsor. ERISA 3(38) Investment Management Fee (please select one): Annual Fixed Fee: $ . or Annual Asset Based Fee: $ . Fixed Fee Example: The annual fixed fee is $10,000. The Redhawk Fee for the quarter would be: ($10,000 * .25) = $2,500. Asset Based Fee Example: Total Plan assets at the end of the most recent quarter is $5,000,000. The Redhawk Fee for the quarter would be: ($5,000,000 * 0.20% * .25) = $2,500.
Sample 1
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Core Service Fee. In exchange for the Services provided on behalf of the Plan, the Redhawk Fee payable to Redhawk shall be an annual fee paid quarterly in accordance with the table below. The asset based fee will be charged quarterly in arrears based on the Plan’s total assets at the end of each calendar quarter. The Redhawk Fee can be paid directly by the Plan Sponsor or from Plan assets. Plan Sponsor authorizes the Plan’s Provider to pay the fee due under this Agreement directly to Redhawk. To Be Completed by the Plan Sponsor: By checking off the appropriate option below, the Plan Sponsor agrees to pay the Redhawk Fee as indicated. If the Plan Sponsor does not make an election, Redhawk will take the Redhawk Fees directly from Participant accounts. Redhawk to take fees directly from Participant accounts. Redhawk to direct xxxx the Plan Sponsor.
Sample 1

Related to Core Service Fee

  • Service Fee In consideration of the administrative support services provided by a Recipient, the Distributor shall make service fee payments to that Recipient quarterly or at such other interval as deemed appropriate by the Distributor, within forty-five (45) days of the end of each calendar quarter or other period, at a rate not to exceed 0.25% on an annual basis of the average during the period of the aggregate net asset value of Shares, computed as of the close of each business day, constituting Qualified Holdings owned beneficially or of record by the Recipient or by its Customers for a period of more than the minimum period (the “Minimum Holding Period”), if any, that may be set from time to time by a majority of the Independent Trustees. Alternatively, the Distributor may, at its sole option, make the following service fee payments to any Recipient, within forty-five (45) days of the end of each calendar quarter or at such other interval as deemed appropriate by the Distributor: (i) “Advance Service Fee Payments” at a rate not to exceed 0.25% of the average during the calendar quarter or other period of the aggregate net asset value of Shares, computed as of the close of business on the day such Shares are sold, constituting Qualified Holdings, sold by the Recipient during that period and owned beneficially or of record by the Recipient or by its Customers, plus (ii) service fee payments at a rate not to exceed 0.25% on an annual basis of the average during the period of the aggregate net asset value of Shares, computed as of the close of each business day, constituting Qualified Holdings owned beneficially or of record by the Recipient or by its Customers for a period of more than one (1) year. In the event Shares are redeemed less than one year after the date such Shares were sold, the Recipient is obligated to and will repay the Distributor on demand a pro rata portion of such Advance Service Fee Payments, based on the ratio of the time such Shares were held to one (1) year. The administrative support services to be rendered by Recipients in connection with the Accounts may include, but shall not be limited to, the following: answering routine inquiries concerning the Fund, assisting in the establishment and maintenance of accounts or sub-accounts in the Fund and processing Share redemption transactions, making the Fund’s investment plans and dividend payment options available, and providing such other information and services in connection with the rendering of personal services and/or the maintenance of Accounts, as the Distributor or the Fund may reasonably request.

  • Service Fees Pricing and procedure details provided in the original signed agreement.

  • Monthly Fee 2.1 The monthly fee is € . The monthly fee includes value-added tax at the statutory rate, which is currently 19%. In the event of changes to the statutory value-added tax payable and/or if any additional taxes/levies have to be paid, the fee specified above may be recalculated accordingly.

  • Additional Services Fees Payments to the Design Professional on account of Additional Services shall be made as follows:

  • Services Fee 5.1 The Transmission Services performed by TSO to Network User under this Standard Transmission Agreement are subject to the applicable Services fee calculated in accordance with attachment A of the Access Code for Transmission. In the event of any modification to the Regulated Tariffs, the Total Monthly Fee(s) and the Total Monthly Self-billing Fee(s) provided for in this Article 5.1 shall be adapted as from the calendar day of the entering into force of the modifications.

  • Administrative Support Service Fees Within forty-five (45) days of the end of each calendar quarter, the Fund will make payments in the aggregate amount of 0.0625% (0.25% on an annual basis) of the average during that calendar quarter of the aggregate net asset value of the Shares computed as of the close of each business day (the "Service Fee"). Such Service Fee payments received from the Fund will compensate the Distributor for providing administrative support services with respect to Accounts. The administrative support services in connection with Accounts may include, but shall not be limited to, the administrative support services that a Recipient may render as described in Section 3(b)(i) below.

  • 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.

  • Base Fee For his services to the Company during the Engagement Period, the Company shall pay Xxxxxxx a fee at the annual rate of not less than One Hundred Fifty Five Thousand Two Hundred and Fifty ($155,250) Dollars (the “Annual Fee”) payable in equal monthly installments.

  • Basic Services Fee 6.1.1 For Basic Services, as described in Article 1, and including all disciplines identified in Paragraph 15.1 as part of Basic Services, Architect/Engineer’s fee shall be a negotiated Basic Services Fee to cover all costs and profit.

  • Monthly Management Fee Payment On the first business day of each month, each class of each Fund shall pay the management fee to the Investment Manager for the previous month. The fee for the previous month shall be the sum of the Daily Management Fee Calculations for each calendar day in the previous month.

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