Investment Fees, Expenses, Dividends and Rights Sample Clauses

Investment Fees, Expenses, Dividends and Rights. Some mutual funds may charge a redemption fee when they are sold. Any redemption fee will be charged to your Investment Account and you cannot reimburse your HSA for redemption fees. The mutual fund prospectus will disclose whether redemption fees apply. Some mutual funds pay dividends or interest. Dividends and interest will be reinvested in the same mutual funds that pay them. The prospectus for each fund will provide more information. All conversion, subscription, voting and other rights pertaining to any securities held in your HSA, if applicable, will be exercised on your behalf. The available mutual funds are subject to fees and expenses, as described in the prospectus or other disclosure materials made available to you through your HSA website account. You may invest in other investment vehicles (for example, stocks, bonds, savings accounts or other investment vehicles) only if the Financial Advisor makes such investments available as investment options. If the Default Portfolio is made available by us and our independent registered investment advisor, we will transfer any compensation (direct or indirect) we receive from mutual funds for shareholder and recordkeeping services (“Investment Fee Rebate”) to your Investment Account based on your holdings in each fund. The Investment Fee Rebate is calculated at the end of each calendar quarter and received within thirty (30) days thereafter. We will allocate your share of the Investment Fee Rebate, if any, to your Investment Account within five (5) Business Days after receipt as additional earnings. If your Default Portfolio is made available by a Financial Advisor and/or your HSA Administrator, we may follow the same process with Investment Fee Rebates. Alternatively, we may transfer the Investment Fee Rebate to your HSA Administrator or the Financial Advisor selected by your HSA Administrator as compensation for investment services. Prior to the end of each calendar quarter, we may deduct a custodial management fee from your Investment Account in an amount up to one-sixteenth of one percent (.0625%) per quarter or equal to an annual fee of one-quarter of one percent (.25%) on balances invested in mutual funds in your Investment Account. Your HSA Administrator or Financial Advisor will disclose any additional fees separately, such as fees based on a fixed percentage of the value of investments. Your HSA Administrator or Financial Advisor, as applicable, is responsible to comply with all requirements of...
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Investment Fees, Expenses, Dividends and Rights. Some mutual funds may charge a redemption fee when they are sold. Any redemption fee will be charged to your Investment Account and you cannot reimburse your HSA for redemption fees. The mutual fund prospectus will disclose whether redemption fees apply. Some mutual funds pay dividends or interest. Dividends and interest will be reinvested in the same mutual funds that pay them. The prospectus for each fund will provide more information. All conversion, subscription, voting and other rights pertaining to any securities held in your HSA, if applicable, will be exercised on your behalf. You may invest in other investment vehicles (for example, stocks, bonds, savings accounts or other investment vehicles) only if the independent registered investment advisor makes such investments available as investment options. We will rebate or credit any compensation (direct or indirect) received from mutual funds for shareholder and recordkeeping services (“Investment Fee Rebate”) to your Investment Account based on your holdings in each fund. The Investment Fee Rebate is calculated at the end of each calendar quarter and received within thirty
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Investment Fees, Expenses, Dividends and Rights. Some mutual funds may charge a redemption fee when they are sold. Any redemption fee will be charged to your Investment Account and you cannot reimburse your HSA for redemption fees. The mutual fund prospectus will disclose whether redemption fees apply. Some mutual funds pay dividends or interest. Dividends and interest will be reinvested in the same mutual funds that pay them. The prospectus for each fund will provide more information. All conversion, subscription, voting and other rights pertaining to any securities held in your HSA, if applicable, will be exercised on your behalf. You may invest in other investment vehicles (for example, stocks, bonds, savings accounts or other investment vehicles) only if the independent registered investment advisor makes such investments available as investment options. We will allocate certain fees we receive from mutual funds for shareholder and recordkeeping services (12b-1 and STA fees) to your Investment Account based on your holdings in each fund. The 12b-1 and STA fees received during each calendar quarter will be allocated to your Investment Account by the end of each quarter as additional earnings. We will deduct a custodial management fee from your Investment Account equal to one- sixteenth of one percent (.0625%) per quarter or equal to an annual fee of one-quarter of one percent (.25%) on balances invested in mutual funds in your Investment Account. All or a portion of the management fees may be offset by the amount of any 12b-1 and STA fees received. The 12b-1 and STA fees are described in the prospectus or other disclosure materials made available to you through the Investment Portal. Funds held in the Cash Account and in the interest-bearing FDIC-insured fund in your Investment Account are used by us for general banking purposes and may generate income to us. Such income is considered part of our compensation for providing the HSA services.
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Investment Fees, Expenses, Dividends and Rights. Some mutual funds may charge various types of fees which may reduce your investment returns. Such fees will be disclosed in the prospectus for each fund. In some cases, BB&T may receive compensation in the form of a portion of such fees. Some mutual funds may charge a redemption fee when they are sold. Any redemption fee will be charged to your Investment Account and you cannot reimburse your HSA for redemption fees. The mutual fund prospectus will disclose whether redemption fees apply. Some mutual funds pay dividends or interest. Dividends and interest will be reinvested in the same mutual funds that pay them. The prospectus for each fund will provide more information. All conversion, subscription, voting and other rights pertaining to any securities held in your HSA, if applicable, will be exercised on your behalf. We will allocate certain fees we receive from mutual funds for shareholder and recordkeeping services (“12b-1 and Sub-Transfer Agent fees”) to your HSA Investment Sub-Account based on your holdings in each fund. The 12b-1 and Sub-Transfer Agent fees received during each calendar quarter will be allocated to your HSA Investment Sub-Account by the end of each quarter as additional earnings. A custodial management fee will be deducted from your HSA Investment Sub-Account equal to one- sixteenth of one percent (.0625%) per quarter or equal to an annual fee of one-quarter of one percent (.25%) on balances invested in mutual funds in your HSA Investment Sub-Account. The 12b-1 and Sub-Transfer Agent fees are described in the prospectus or other disclosure materials made available to you through our website.
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Investment Fees, Expenses, Dividends and Rights. Some mutual funds within the Portfolio may assess a redemption fee when shares of the fund are sold. Redemption fees will automatically be charged against the Investment Account, and the Account Owner may not reimburse the Account for the amount of the redemption fees. The Account Owner agrees to review the applicable mutual fund prospectus to determine if and when redemption fees may apply. Some mutual funds pay dividends or interest from time to time. Dividends and interest allocable to the Account will automatically be reinvested in the mutual fund that paid the dividend or interest. All conversion, subscription, voting and other rights pertaining to any securities held in the Account, if applicable, will be exercised on the Account Owner’s behalf. The mutual funds within the Portfolio are subject to fees and expenses as described in the applicable fund prospectus or other fund disclosure materials made available to the Account Owner through the HSA Website. The mutual funds within the Portfolio may pay servicing fees (“Fund Service Fees”) to service providers, such as Custodian or its sub-custodians or agents, in connection with administrative activities performed by the service provider and as described in the applicable fund prospectus or other fund disclosure materials. Fund Service Fees are generally paid on a quarterly basis and calculated with reference to the aggregate assets invested in the fund through the Custodian or its sub-custodians or agents and/or on a per-investor basis. Fund Service Fees that are paid to the Custodian or its sub- custodians or agents and are allocable to the Account will be credited to the Investment Account (“Investment Fee Rebate”). The Custodian will allocate the Account Owner’s share of the Investment Fee Rebate, if any, on a quarterly basis within five (5) Business Days after receipt. The allocation will be made to the Investment Account as additional earnings.
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Related to Investment Fees, Expenses, Dividends and Rights

  • Dividends and Distributions (A) Subject to the rights of the holders of any shares of any series of Preferred Stock (or any similar stock) ranking prior and superior to the Series A Preferred Stock with respect to dividends, the holders of shares of Series A Preferred Stock, in preference to the holders of Common Stock, par value $.01 per share (the "Common Stock"), of the Corporation, and of any other junior stock, shall be entitled to receive, when, as and if declared by the Board of Directors out of funds legally available for the purpose, quarterly dividends payable in cash on the first day of March, June, September and December in each year (each such date being referred to herein as a "Quarterly Dividend Payment Date"), commencing on the first Quarterly Dividend Payment Date after the first issuance of a share or fraction of a share of Series A Preferred Stock, in an amount per share (rounded to the nearest cent) equal to the greater of (a) $1 or (b) subject to the provision for adjustment hereinafter set forth, 100 times the aggregate per share amount of all cash dividends, and 100 times the aggregate per share amount (payable in kind) of all non-cash dividends or other distributions, other than a dividend payable in shares of Common Stock or a subdivision of the outstanding shares of Common Stock (by reclassification or otherwise), declared on the Common Stock since the immediately preceding Quarterly Dividend Payment Date or, with respect to the first Quarterly Dividend Payment Date, since the first issuance of any share or fraction of a share of Series A Preferred Stock. In the event the Corporation shall at any time declare or pay any dividend on the Common Stock payable in shares of Common Stock, or effect a subdivision or combination or consolidation of the outstanding shares of Common Stock (by reclassification or otherwise than by payment of a dividend in shares of Common Stock) into a greater or lesser number of shares of Common Stock, then in each such case the amount to which holders of shares of Series A Preferred Stock were entitled immediately prior to such event under clause (b) of the preceding sentence shall be adjusted by multiplying such amount by a fraction, the numerator of which is the number of shares of Common Stock outstanding immediately after such event and the denominator of which is the number of shares of Common Stock that were outstanding immediately prior to such event.

  • Payment of Dividends Any dividend or other distribution payable in cash in respect of shares may be paid by cheque, made payable to the order of the person to whom it is sent, and mailed to the address of the shareholder, or in the case of joint shareholders, to the address of the joint shareholder who is first named on the central securities register, or to the person and to the address the shareholder or joint shareholders may direct in writing. The mailing of such cheque will, to the extent of the sum represented by the cheque (plus the amount of the tax required by law to be deducted), discharge all liability for the dividend unless such cheque is not paid on presentation or the amount of tax so deducted is not paid to the appropriate taxing authority.

  • Restriction on Dividends and Repurchases The Company covenants and agrees that it shall not violate any of the restrictions on dividends, distributions, redemptions, repurchases, acquisitions and related actions set forth in the Certificate of Designation, which are incorporated by reference herein as if set forth in full.

  • Management Fees (a) In consideration of the services provided by the Investment Manager, each class of a Fund shall pay to the Investment Manager a management fee that is calculated as described in this Section 6 using the fee schedules described herein.

  • Dividends 1. Dividends paid by a company which is a resident of a Contracting State to a resident of the other Contracting State may be taxed in that other State.

  • Dividends on Escrow Securities You may receive a dividend or other distribution on your escrow securities, and elect the manner of payment from the standard options offered by the Issuer. If the Escrow Agent receives a dividend or other distribution on your escrow securities, other than additional escrow securities, the Escrow Agent will pay the dividend or other distribution to you on receipt.

  • Management Fee For all services to be rendered, payments to be made and costs to be assumed by you as provided in sections 2, 3, and 4 hereof, the Trust on behalf of the Fund shall pay you in United States Dollars on the last day of each month the unpaid balance of a fee equal to the excess of (a) 1/12 of .55 of 1 percent of the average daily net assets as defined below of the Fund for such month; provided that, for any calendar month during which the average of such values exceeds $250,000,000 the fee payable for that month based on the portion of the average of such values in excess of $250,000,000 shall be 1/12 of .52 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds $1,000,000,000, the fee payable for that month based on the portion of the average of such values in excess of $1,000,000,000 shall be 1/12 of .50 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds $2,500,000,000, the fee payable for that month based on the portion of the average of such values in excess of $2,500,000,000 shall be 1/12 of .48 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds $5,000,000,000, the fee payable for that month based on the portion of the average of such values in excess of $5,000,000,000 shall be 1/12 of .45 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds $7,500,000,000, the fee payable for that month based on the portion of the average of such values in excess of $7,500,000,000 shall be 1/12 of .43 of 1 percent of such portion; provided that, for any calendar month during which the average of such values exceeds 10,000,000,000, the fee payable for that month based on the portion of the average of such values in excess of $10,000,000,000 shall be 1/12 of .41 of 1 percent of such portion; and provided that, for any calendar month during which the average of such values exceeds 12,500,000,000, the fee payable for that month based on the portion of the average of such values in excess of $12,500,000,000 shall be 1/12 of .40 of 1 percent of such portion; over (b) any compensation waived by you from time to time (as more fully described below). You shall be entitled to receive during any month such interim payments of your fee hereunder as you shall request, provided that no such payment shall exceed 75 percent of the amount of your fee then accrued on the books of the Fund and unpaid.

  • Licensing Fees An employee whose job specification requires a professional license or certification as a condition of employment and who uses such license for State business shall be reimbursed for the cost of such license or certification.

  • Incentive Fee The Incentive Fee shall consist of two parts, as follows:

  • License Contingent Upon Payment While you may exercise the rights licensed immediately upon issuance of the license at the end of the licensing process for the transaction, provided that you have disclosed complete and accurate details of your proposed use, no license is finally effective unless and until full payment is received from you (either by publisher or by CCC) as provided in CCC's Billing and Payment terms and conditions. If full payment is not received on a timely basis, then any license preliminarily granted shall be deemed automatically revoked and shall be void as if never granted. Further, in the event that you breach any of these terms and conditions or any of CCC's Billing and Payment terms and conditions, the license is automatically revoked and shall be void as if never granted. Use of materials as described in a revoked license, as well as any use of the materials beyond the scope of an unrevoked license, may constitute copyright infringement and publisher reserves the right to take any and all action to protect its copyright in the materials.

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