De-Conversion Fees Sample Clauses
A De-Conversion Fees clause establishes the financial charges that apply if a party reverses or undoes a previously completed conversion, such as converting a property, asset, or service from one use or format to another. Typically, this clause outlines the circumstances under which de-conversion is permitted and specifies the method for calculating the associated fees, which may include reimbursement of costs or a set penalty. Its core practical function is to compensate the affected party for expenses or losses incurred due to the reversal, thereby discouraging unnecessary de-conversions and providing financial clarity in the event such an action is taken.
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De-Conversion Fees. Upon termination of this Agreement, GFS will charge a “De-Conversion” fee to compensate GFS for providing to the Fund’s new service providers, all material records, history and data maintained by GFS under this Agreement. The amount of the De-Conversion fees are specified in Appendix IV attached hereto. In addition, GFS reserves the right to charge for out-of-pocket expenses associated with the De-Conversion, as specified in Section 12(d) of this Agreement.
De-Conversion Fees. Upon termination of this Agreement, UFS will charge a “De-Conversion” fee to compensate UFS for providing to the Fund’s new service providers, all material records, history and data maintained by UFS under this Agreement. The amount of the De-Conversion fees are specified in Appendix IV attached hereto. In addition, UFS reserves the right to charge for out-of-pocket expenses associated with the De-Conversion, as specified in Section 12(d) of this Agreement.
De-Conversion Fees. De-Conversion fees will be subject to additional charges commensurate with particular circumstances and dependent upon scope of problems.
De-Conversion Fees. De-Conversion fees will be subject to additional charges commensurate with particular circumstances and dependent upon scope of problems. *Annual Minimum Fee: $5,000 per portfolio *Annual Fee: 0.0125% based on the aggregate average daily assets *Fees are invoiced monthly based on the greater of the annual minimum or the annual fee. When calculating average daily assets, the aggregate amount is the average daily assets for the Midas “Complex” (Midas Funds, Dividend and Income, Global Income Fund and Foxby Corp.)
De-Conversion Fees. Upon the termination of this Agreement for any reason, if Customer so requests, Vendor will provide to Customer De-conversion Services including but not limited to translation of data for transmittal to Customer. The Fees for such De-conversion Services will be at Vendor’s hourly rates for Additional Services set forth Schedule 5.01(c).
De-Conversion Fees. Upon termination of this Agreement, ANST will charge a “De-Conversion” fee to compensate ANST for providing to the Trust’s and/or each Fund’s new service providers, all material records, history and data maintained by ANST under this Agreement. The amount of the De-Conversion fees are specified in Appendix II attached hereto. In addition, in certain circumstances, ANST reserves the right to be reimbursed for out-of-pocket expenses associated with the De-Conversion.
De-Conversion Fees. Upon termination of this Agreement, GFS will charge a “De-Conversion” fee to compensate GFS for providing to the Fund’s new service providers, all material records, history and data maintained by GFS under this Agreement. The amount of the De-Conversion fees are specified in Appendix II attached hereto. In addition, GFS reserves the right to charge for out-of-pocket expenses associated with the De-Conversion, as specified in Section 12(d) of this Agreement. Notwithstanding the above, De-Conversion fees shall not be charged in the event termination is a result of a breach of this Agreement and any related Addendum by GFS.