Institutional Funds Clause Samples

The "Institutional Funds" clause defines what constitutes institutional funds within the context of an agreement, typically referring to assets or monies managed by an organization such as a university, foundation, or other nonprofit entity. This clause often outlines the types of funds included, such as endowments, restricted gifts, or other resources held for institutional purposes, and may specify how these funds are to be managed, invested, or used. Its core practical function is to clearly delineate which assets are subject to the agreement’s terms, thereby ensuring proper management and compliance with donor intent or regulatory requirements.
Institutional Funds. Equity Funds Income Funds J▇▇▇ H▇▇▇▇▇▇ EQUITY FUNDS: Class Annual Per Account Fee (% of daily net assets) J▇▇▇ H▇▇▇▇▇▇ INCOME FUNDS: Class Annual Per Account Fee (% of daily net assets) J▇▇▇ ▇▇▇▇▇▇ TAX-FREE INCOME FUNDS: Class Annual Per Account Fee (% of daily net assets) J▇▇▇ H▇▇▇▇▇▇ MONEY MARKET FUNDS: Class Annual Per Account Fee (% of daily net assets) A. Rule 22c-2 Service Fees: In consideration of the Rule 22c-2 Services provided by JHSS, the Funds shall pay the following fees and charges which shall be billed by JHSS to the Fund monthly in arrears until such time as the Fund and JHSS agree in writing to modify the frequency of such billing: 1. FTE Expense. $120,000 per annum (2 FTE @ $45,000 x 1.33 each).
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Institutional Funds. Equity Funds Income Funds ▇▇▇▇ ▇▇▇▇▇▇▇ EQUITY FUNDS: Asset Based Fee Class Annual Per Account Fee (% of daily net assets) ▇▇▇▇ ▇▇▇▇▇▇▇ INCOME FUNDS: Asset Based Fee Class Annual Per Account Fee (% of daily net assets) ▇▇▇▇ ▇▇▇▇▇▇▇ TAX-FREE INCOME FUNDS: Asset Based Fee Class Annual Per Account Fee (% of daily net assets) ▇▇▇▇ ▇▇▇▇▇▇▇ MONEY MARKET FUNDS: Asset Based Fee Class Annual Per Account Fee (% of daily net assets) A. Rule 22c-2 Service Fees: In consideration of the Rule 22c-2 Services provided by JHSS, the Funds shall pay the following fees and charges which shall be billed by JHSS to the Fund monthly in arrears until such time as the Fund and JHSS agree in writing to modify the frequency of such billing: 1. FTE Expense. $120,000 per annum (2 FTE @ $45,000 x 1.33 each).
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Institutional Funds. Equity Funds Income Funds J▇▇▇ H▇▇▇▇▇▇ EQUITY FUNDS: Asset Based Fee Class Annual Per Account Fee (% of daily net assets) J▇▇▇ H▇▇▇▇▇▇ INCOME FUNDS: Asset Based Fee Class Annual Per Account Fee (% of daily net assets) J▇▇▇ ▇▇▇▇▇▇ TAX-FREE INCOME FUNDS: Asset Based Fee Class Annual Per Account Fee (% of daily net assets) J▇▇▇ H▇▇▇▇▇▇ MONEY MARKET FUNDS: Asset Based Fee Class Annual Per Account Fee (% of daily net assets) A. Rule 22c-2 Service Fees: In consideration of the Rule 22c-2 Services provided by JHSS, the Funds shall pay the following fees and charges which shall be billed by JHSS to the Fund monthly in arrears until such time as the Fund and JHSS agree in writing to modify the frequency of such billing: 1. FTE Expense. $120,000 per annum (2 FTE @ $45,000 x 1.33 each). 2. Reimbursement of fees and charges imposed by such third party service providers required to be used by JHSS in order to provide the Rule 22c-2 Services. 3. Reimbursement for fees and charges imposed by Financial Intermediaries pursuant to shareholder information agreements between such Financial Intermediaries and either (a) JHSS; or (b) the Funds’ distributor, J▇▇▇ H▇▇▇▇▇▇ Funds, LLC related to JHSS’s request for Client-shareholder Information and the transmission of such Client-shareholder Information by the Financial Intermediary to JHSS pursuant to such agreements. 4. The parties acknowledge and agree that the fees set forth above are in the aggregate with respect to all J▇▇▇ H▇▇▇▇▇▇ Funds for which JHSS provides the Rule 22c-2 Services under this Agreement as well as the Transfer Agency and Service Agreements in effect between (a) JHSS and J▇▇▇ H▇▇▇▇▇▇ Funds II; and (b) JHSS and J▇▇▇ H▇▇▇▇▇▇ Funds III. 5. In as much as the fees set forth in this Appendix A.1 are related to non-transfer agent services, the parties acknowledge and agree (a) JHSS shall invoice the Fund separately for the Rule 22c-2 Services; and (b) the fees for such services shall not apply with respect to any cap on transfer agent fees or out-of-pocket expenses otherwise agreed to by JHSS and the Fund. TA Agr - JH Funds 2007 - Exh B.1
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Institutional Funds. Funds held by the Foundation and used exclusively for charitable purposes. Such funds include those raised by the Foundation from fundraising sources and general contributions. It does not include third party donations which are intended to form a part of the Permanent Endowment Fund.
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Institutional Funds. Equity Funds Income Funds
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Institutional Funds. Equity Funds Balanced Fund Classic Value Fund Core Equity Fund Diversified Core Equity Fund II Greater China Opportunities Fund International Fund Large Cap Select Fund Mid Cap Equity Fund Small Cap Equity Fund Small Cap Growth Fund Small Cap Fund Sovereign Investors Fund US Global Leaders Growth Fund Income Funds Bond Fund High Income Fund Investment Grade Bond Fund Strategic Income Fund The transfer agent fees payable monthly under the Transfer Agency and Services Agreement between each Fund and JHSS shall be the following rates plus certain out-of-pocket expenses set forth in Exhibit C as described to the Board. Class A Shares $ 15.00 0.05 % Class B Shares $ 17.50 0.05 % Class C Shares $ 16.50 0.05 % Class R Shares $ 15.00 0.05 % Class I Shares $ 15.00 0.04 % Class A Shares $ 16.00 0.015 % Class B Shares $ 18.50 0.015 % Class C Shares $ 17.50 0.015 % Class R Shares $ 16.00 0.05 % Class I Shares $ 15.00 0.04 % Class A Shares $ 16.00 0.010 % Class B Shares $ 18.50 0.010 % Class C Shares $ 17.50 0.010 % Class R Shares $ 16.00 0.010 % Class I Shares $ 15.00 0.04 % Class A Shares $ 15.00 0.010 % Class B Shares $ 18.50 0.010 % Class C Shares $ 17.50 0.010 % Class R Shares N/A N/A Class I Shares $ 15.00 0.04 % A. Rule 22c-2 Service Fees: In consideration of the Rule 22c-2 Services provided by JHSS, the Funds shall pay the following fees and charges which shall be billed by JHSS to the Fund monthly in arrears until such time as the Fund and JHSS agree in writing to modify the frequency of such billing: 1. FTE Expense. $120,000 per annum (2 FTE @ $45,000 x 1.33 each).
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Institutional Funds. Equity Funds Balanced Fund Classic Value Fund Core Equity Fund Diversified Core Equity Fund II Greater China Opportunities Fund International Fund Large Cap Select Fund Mid Cap Equity Fund Small Cap Equity Fund Small Cap Growth Fund Small Cap Fund Sovereign Investors Fund US Global Leaders Growth Fund Income Funds Bond Fund High Income Fund Investment Grade Bond Fund Strategic Income Fund The transfer agent fees payable monthly under the Transfer Agency and Services Agreement between each Fund and JHSS shall be the following rates plus certain out-of-pocket expenses set forth in Exhibit C as described to the Board. Class A Shares $15.00 0.05% Class B Shares $17.50 0.05% Class C Shares $16.50 0.05% Class R Shares $15.00 0.05% Class I Shares $15.00 0.04%
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Related to Institutional Funds

  • Additional Funds In the event that any management investment company in addition to those listed on Appendix A hereto desires to have the Custodian render services as custodian under the terms hereof, it shall so notify the Custodian in writing, and if the Custodian agrees in writing to provide such services, such management investment company shall become a Fund hereunder and be bound by all terms and conditions and provisions hereof including, without limitation, the representations and warranties set forth in Section 18.7 below.

  • Additional Funding If the General Partner determines that it is in the best interests of the Partnership to provide for additional Partnership funds (“Additional Funds”) for any Partnership purpose, the General Partner may (i) cause the Partnership to obtain such funds from outside borrowings, or (ii) elect to have the General Partner or any of its Affiliates provide such Additional Funds to the Partnership through loans or otherwise.

  • Notional Funding Each Bank shall have the right from time to time, without notice to any Borrower, to deem any branch, Subsidiary or Affiliate (which for the purposes of this Section 11.5 shall mean any corporation or association which is directly or indirectly controlled by or is under direct or indirect common control with any corporation or association which directly or indirectly controls such Bank) of such Bank to have made, maintained or funded any Loan to which the Euro-Rate Option applies at any time, provided that immediately following (on the assumption that a payment were then due from the Borrowers to such other office), and as a result of such change, the Borrowers would not be under any greater financial obligation pursuant to Section 5.5 than they would have been in the absence of such change. Notional funding offices may be selected by each Bank without regard to the Bank’s actual methods of making, maintaining or funding the Loans or any sources of funding actually used by or available to such Bank.

  • Additional Funds and Capital Contributions 30 SECTION 4.4 NO INTEREST; NO RETURN................................................................... 31 SECTION 4.5 NOTE DEFICIENCY CAPITAL CONTRIBUTION..................................................... 31

  • Principal Funding Account (a) The Trustee, or the Servicer, on its behalf, shall establish and maintain, in the name of the Trust, on behalf of the Trust, for the benefit of the Certificateholders, an Eligible Deposit Account (the "Principal Funding Account"), bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Certificateholders. The Trustee shall possess all right, title and interest in all funds on deposit from time to time in the Principal Funding Account and in all proceeds thereof. The Principal Funding Account shall be under the sole dominion and control of the Trustee for the benefit of the Certificateholders. If at any time the Principal Funding Account ceases to be an Eligible Deposit Account, the Transferor shall notify the Trustee, and the Trustee upon being notified (or the Servicer on its behalf) shall, within 10 Business Days, establish a new Principal Funding Account which meets the conditions specified in the definition of Eligible Deposit Account, and shall transfer any cash or any investments to such new Principal Funding Account. The Trustee or the Paying Agent, at the direction of the Servicer, shall (i) make withdrawals from the Principal Funding Account from time to time, in the amounts and for the purposes set forth in this Series Supplement, and (ii) on each Transfer Date (from and after the commencement of the Controlled Accumulation Period) prior to termination of the Principal Funding Account make a deposit into the Principal Funding Account in the amount specified in, and otherwise in accordance with, subsection 4.9(c). (b) Funds on deposit in the Principal Funding Account shall be invested at the direction of the Servicer by the Trustee or the Paying Agent in Permitted Investments. Funds on deposit in the Principal Funding Account on any Transfer Date, after giving effect to any withdrawals from the Principal Funding Account on such Transfer Date, shall be invested in such investments that will mature so that such funds will be available for withdrawal on or prior to the next succeeding Transfer Date. The Trustee or the Paying Agent shall maintain for the benefit of the Certificateholders possession of the negotiable instruments or securities, if any, evidencing such Permitted Investments. No Permitted Investment shall be disposed of prior to its maturity. On the Transfer Date occurring in the month following the commencement of the Controlled Accumulation Period, and on each Transfer Date thereafter with respect to the Controlled Accumulation Period, the Trustee or the Paying Agent, acting at the Servicer's direction given before each Transfer Date, shall transfer from the Principal Funding Account to the Finance Charge Account the Principal Funding Investment Proceeds, but not in excess of the Covered Amount, for application as Available Investor Finance Charge Collections applied pursuant to subsection 4.9(a). Any Excess Principal Funding Investment Proceeds shall be included as Available Investor Finance Charge Collections for such Transfer Date. An amount equal to any Principal Funding Investment Shortfall shall be deposited in the Finance Charge Account on each Transfer Date from the Accumulation Period Reserve Account to the extent funds are available pursuant to subsection 4.14(d) and included as Available Investor Finance Charge Collections for such Transfer Date. Principal Funding Investment Proceeds (including reinvested interest) shall not be considered part of the amounts on deposit in the Principal Funding Account for purposes of this Series Supplement.