Prospectus of the Fund Sample Clauses

Prospectus of the Fund. The Adviser agrees to promptly provide the Sub-Adviser with copies of any changes, amendments, modifications or supplements to the above documents or any other document relating to the Sub-Adviser’s services hereunder.
AutoNDA by SimpleDocs
Prospectus of the Fund. 4. The Manager shall authorize and permit any of its officers and employees who may be elected as Directors or officers of the Fund to serve in the capacities in which they are elected. All services to be furnished by the Manager under this Agreement may be furnished through the medium of any such officers or employees of the Manager.
Prospectus of the Fund. (12) During the term of this Agreement, the Adviser agrees to furnish the Fund Manager at its principal office all sales literature prepared for distribution to stockholders of the Managed Fund, the Fund or the public that refer to the Fund Manager in any way, prior to the use thereof, and the Adviser shall not use any such materials if the Fund Manager reasonably objects in writing within five business days (or such other period as may be mutually agreed) after receipt thereof. The Fund Manager's right to object to such materials is limited to the portions of such materials that expressly relate to the Fund Manager, its services and its clients. The Adviser agrees to use its reasonable best efforts to ensure that materials prepared by its employees or agents or its affiliates that refer to the Fund Manager or its clients in any way are consistent with those materials previously approved by the Fund Manager as referenced in the first sentence of this paragraph. Sales literature may be furnished to the Fund Manager by first class or overnight mail, facsimile transmission equipment or hand delivery.
Prospectus of the Fund. 4. The Sub-Advisor shall keep the books and records required to be maintained by it pursuant to paragraph 2(e) of this Agreement. The Sub-Advisor agrees that all records that it maintains for the Fund are the property of the Fund and it will promptly surrender any of such records to the Fund or to the Advisor upon request. The Sub-Advisor further agrees to preserve for the periods prescribed by Rule 31a-2 of the Commission under the 1940 Act any such records as are required to be maintained by the Advisor with respect to the Fund by Rule 31a-2 of the Commission under the 1940 Act.
Prospectus of the Fund. 4. For the services to be provided by the Sub-Adviser pursuant to this Agreement, the Adviser will pay the Sub-Adviser, and the Sub-Adviser agrees to accept as full compensation therefore a sub-advisory fee at an annual rate of .075% of the average daily net assets of the Fund up to and including $500 million and .020% of the average daily net assets of the Fund over $500 million. The Fund is subject to a minimum annual sub-advisory fee of $50,000. This fee will be computed daily and paid to the Sub-Adviser monthly.
Prospectus of the Fund. 4. For the services to be provided by the Sub-Adviser pursuant to this Agreement for the Fund, the Adviser will pay to the Sub-Adviser as full compensation therefore a sub-advisory fee as set forth in Schedule A hereto (net of 50% of any waivers, reimbursement payments, supermarket fees and alliance fees waived, reimbursed, or paid by the Adviser). This fee will be paid to the Sub- Adviser from the Adviser's advisory fee from the Fund. This fee will be computed daily and paid to the Sub- Adviser monthly.
Prospectus of the Fund. 4. For the services to be provided by the Sub-Adviser pursuant to this Agreement for the Fund, the Adviser will pay to the Sub-Adviser as full compensation therefore: a sub-advisory fee as set forth in Schedule A hereto (net of 50% of any waivers, reimbursement payments, supermarket fees and alliance fees waived, reimbursed, or paid by the Adviser). This fee will be paid to the Sub-Adviser from the Adviser's advisory fee from the Fund. This fee will be computed daily and paid to the Sub-Adviser monthly. To the extent that the Adviser is reimbursed by the Trust for any waived fees or reimbursed expenses pursuant to the terms of a separate expense limitation agreement between the Trust and the Adviser, the Adviser will pay to the Sub-Adviser its pro-rata share of any such reimbursed amount.
AutoNDA by SimpleDocs
Prospectus of the Fund. 4. For the services to be provided by the Sub-Adviser pursuant to this Agreement for the Fund, the Adviser will pay to the Sub-Adviser as full compensation therefor a fee at an annual rate specified in Schedule A. This fee will be paid to the Sub-Adviser from the Adviser's advisory fee for the Fund. Such compensation will be deposited and held in interest-bearing escrow accounts for the Fund with the Fund's custodian bank. If a majority of the Fund's outstanding voting securities (as defined in the 1940 Act) are voted to approve a new contract with the Sub-Advixxx xx xhe end of the 150-day period (commencing on the Assignment Date, as defined hereinafter), the amount in the escrow account (including interest earned) will be paid to the Sub-Adviser. If a majority of the Fund's outstanding voting securities are not voted to approve a new contract with the Sub-Adviser by the end of such 150 day period, the Sub-Adviser shall be paid, out of the escrow account, the lesser of: (i) any costs incurred in performing the interim contract (plus interest earned on that amount while in escrow) or (ii) the total amount in the escrow account (plus interest earned).
Prospectus of the Fund. (13) The Portfolio Manager is prohibited from consulting with other portfolio managers to the Deep Value Portfolio or other portfolio managers to a fund under common control with the Deep Value Portfolio concerning the Deep Value Portfolio's transactions in securities or other assets.
Prospectus of the Fund. 4 For the services to be provided by the Sub-Adviser pursuant to this Agreement, the Adviser will pay the Sub-Adviser, and the Sub-Adviser agrees to accept as full compensation therefore a sub-advisory fee payable on a quarterly basis, based on the average month-end net assets of the Fund for each such calendar quarter. The fee rate will be equal to one fourth of the annual rates as follows: Average Net Assets Annual Rate ------------------ ----------- On First $ 250 million 0.20% On Next $ 250 million 0.15% Over $ 500 million 0.125% Notwithstanding the foregoing, the minimum fee payable to the Sub-Adviser on an annual basis shall be $100,000. If Sub-Adviser shall serve for less than the whole of any quarterly period, its compensation determined as provided herein will be calculated and payable on a pro rata basis for the period of the calendar quarter for which it has served as Sub-Adviser.
Time is Money Join Law Insider Premium to draft better contracts faster.