Common use of Worked Example Clause in Contracts

Worked Example. If Average AUM for the month of January 2017 is $10 million, the Fees for January 2017 will be $3000 divided by twelve months which equals $250 plus any of the fees and charges referred to below.

Appears in 1 contract

Sources: Custodian Agreement (State Funds)

Worked Example. If Average AUM for the month of January 2017 is $10 million, the Fees for January 2017 will be $3000 divided by twelve months which equals $250 plus any of the fees and charges referred to below.

Appears in 1 contract

Sources: Custodian Agreement (State Trust)