Mandate Rate Sample Clauses

Mandate Rate. The Mandate Rate shall be based upon the monthly average of the net assets of the funds in the Equity asset class, as indicated on Master Schedule A to Management Contracts, as may be updated from time to time, which is hereby incorporated by reference into this Contract, (computed in the manner set forth in the Trust’s Declaration of Trust or other organizational document) determined as of the close of business on each business day throughout the month. The Mandate Rate may vary by class. The Mandate Rate shall be determined on a cumulative basis pursuant to the schedule set forth in Schedule 1 of this Contract.
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Mandate Rate. The Mandate Rate for each class of the Fund shall be calculated pursuant to the table below. Average Equity Asset Class Assets (Billions) Mandate Rate (basis points) Retail Class Annualized Rate First $400 75 Next $400 67 Next $400 61 Over $1,200 58 Schedule 2 Maximum Management Fee Rate. The Maximum Management Fee Rate for each class of the Fund is set forth in the table below, if applicable. Retail Class Annualized Rate (basis points)
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Mandate Rate. The Mandate Rate for each class of the Fund shall be calculated pursuant to the table below. Average Equity Asset Class Assets (Billions) Mandate Rate (basis points) Initial Class, Service Class 2 Annualized Rate Investor Class Annualized Rate First $400 66 74 Next $400 59 67 Next $400 56 64 Over $1,200 55 63 Schedule 2 Maximum Management Fee Rate. The Maximum Management Fee Rate for each class of the Fund is set forth in the table below, if applicable. Initial Class Annualized Rate (basis points) Service Class 2 Annualized Rate (basis points) Investor Class Annualized Rate (basis points) 58 58 66
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Mandate Rate. The Mandate Rate for each class of the Fund shall be calculated pursuant to the table below. Average Equity Asset Class Assets (Billions) Mandate Rate (basis points) Retail Class Annualized Rate Class A, Class C, Class I, Class M Annualized Rate Class Z Annualized Rate First $400 90 92 80 Next $400 82 86 73 Next $400 77 83 70 Over $1,200 73 81 69 Schedule 2 Maximum Management Fee Rate. The Maximum Management Fee Rate for each class of the Fund is set forth in the table below, if applicable. Retail Class, Class A, Class C, Class M Annualized Rate (basis points) Class I Annualized Rate (basis points) Class Z Annualized Rate (basis points)
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Mandate Rate. The Mandate Rate for each class of the Fund shall be calculated pursuant to the table below. Average Bond Asset Class Assets (Billions) Mandate Rate (basis points) Initial Class Annualized Rate Investor Class Annualized Rate First $100B 43 46 Next $100B 39 42 Next $100B 37 40 Over $300B 35 38 Schedule 2 Maximum Management Fee Rate. The Maximum Management Fee Rate for each class of the Fund is set forth in the table below, if applicable. Initial Class Annualized Rate (basis points) Investor Class Annualized Rate (basis points) 38 41
Sample 1

Related to Mandate Rate

  • Definitions For purposes of this Agreement:

  • Term The term of this Agreement will be ten (10) years from the Effective Date (as such term may be extended pursuant to Section 4.2, the “Term”).

  • Governing Law This Agreement shall be governed by and construed in accordance with the laws of the State of New York.

  • Termination This Agreement may be terminated at any time prior to the Closing:

  • Compensation The Depositor shall receive at the times set forth in Sections 3.05, 3.18, 3.23 and 4.03 as compensation for performing portfolio supervisory services, bookkeeping and administrative expenses and evaluation services, such amount and for such periods as specified the Prospectus and/or Reference Trust Agreement. The compensation for providing portfolio supervisory services, bookkeeping and administrative expenses and evaluation services shall be made on the basis of the largest number of units outstanding at any time during the period for which such compensation is being computed. At no time, however, will the total amount received by the Depositor for services rendered to all series of Guggenheim Defined Portfolios in any calendar year exceed the aggregate cost to them of supplying such services in such year. Such rate may be increased by the Trustee from time to time, without the consent or approval of any Unitholder, or the Depositor, by amounts not exceeding the proportionate increase during the period from the date of such Prospectus and/or Reference Trust Agreement to the date of any such increase, in consumer prices as published either under the classification "All Services Less Rent" in the Consumer Price Index published by the United States Department of Labor or, IF such Index is no longer published, a similar index. In the event that any amount of the compensation paid to the Depositor pursuant to Sections 3.05, 3.18 and 3.23 and 4.03 is found to be an improper charge against a Trust, the Depositor shall reimburse the Trust in such amount. An improper charge shall be established if a final judgment or order for reimbursement of the Trust shall be rendered against the Depositor and such judgment or order shall not be effectively stayed or a final settlement is established in which the Depositor agrees to reimburse the Trust for amounts paid to the Depositor pursuant to this Section 7.05.

  • Insurance The Company and the Subsidiaries are insured by insurers of recognized financial responsibility against such losses and risks and in such amounts as are prudent and customary in the businesses in which the Company and the Subsidiaries are engaged, including, but not limited to, directors and officers insurance coverage. Neither the Company nor any Subsidiary has any reason to believe that it will not be able to renew its existing insurance coverage as and when such coverage expires or to obtain similar coverage from similar insurers as may be necessary to continue its business without a significant increase in cost.

  • Counterparts This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument.

  • Confidentiality (a) Subject to Section 7.15(c), during the Term and for a period of three

  • Severability Any provision of this Agreement that is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of such prohibition or unenforceability without invalidating the remaining provisions hereof, and any such prohibition or unenforceability in any jurisdiction shall not invalidate or render unenforceable such provision in any other jurisdiction.

  • Notices Any notice, request or other document required or permitted to be given or delivered to the Holder by the Company shall be delivered in accordance with the notice provisions of the Purchase Agreement.

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