Accrued Fee definition

Accrued Fee means, in relation to any Scheduled Valuation Day (including any Fee Calculation Reset Day), an amount determined by the Determination Agent equal to (i) the Value per ETC Security in respect of the immediately preceding Fee Calculation Reset Day, multiplied by (ii) the sum of the Collateral Fee Percentage, the Swap Replication Fee Percentage and the Product Fee Percentage multiplied by (iii) the actual number of calendar days in the period from (but excluding) the immediately preceding Fee Calculation Reset Day to (and including) the Scheduled Valuation Day in respect of which the Accrued Fee is being calculated divided by 360.
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Accrued Fee means the aggregate amount of all fees that have accrued on the Accounts as of the Closing Date which has not been posted to such Accounts, but will be posted to the Accounts in the billing cycle immediately following the Closing Date.
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Accrued Fee has the definition set forth in Section 2.10(b)."
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Examples of Accrued Fee in a sentence

  • Fee Shares and WarrantsOn Admission, the Board intends to issue, in aggregate, 15,672,310 Accrued Director Fee Shares and 3,851,159 Accrued Fee Warrants to certain Existing Directors and senior management in lieu of accrued and unpaid fees during the period from February 2020 to March 2021 inclusive calculated on the basis of the Company’s mid-market closing share price at the end of the relevant month in respect of the fees due for each monthly period (applying a price of 2.6p in respect of March 2021).

  • Special Provision Governing Accrued Fee Claims and Final Fee Applications‌ For the avoidance of doubt, the foregoing releases described in Section 9.10 hereof shall not waive, affect, limit, restrict or otherwise modify the right of any party in interest to object to any Fee Claim or final Fee Application filed by any Professional in the Chapter 11 Cases.

  • The issue of the Accrued Fee Options to the Existing Directors is considered to be a related party transaction for the purposes of Rule 13 of the AIM Rules for Companies.

  • Accordingly, Strand Hanson Limited, the Company’s Nominated Adviser, confirms it is satisfied that the terms of the participation by the Existing Directors, in the Accrued Fee Options is fair and reasonable insofar as the Company’s shareholders are concerned.

  • The ability to redeem the RCPS is dependent on, amongst other things, the Company having sufficient funds to pay each of the RCPS Redemption Amount and the RCPS Accrued Fee, which together total approximately $59.2 million (see section 4.4).

  • Due to the issuance of the Accrued Fee Options to all of the directors, there is not a director, or directors, independent of the issue of the Accrued Fee Options to provide the necessary AIM Rule 13 related party transaction opinion.

  • This may occur (amongst other reasons) as a result of there being limited liquidity for the ETC Securities, the Value per ETC Security being less than the Value per ETC Security of the ETC Securities at the time the investor purchased the ETC Securities or the Index not having performed sufficiently to increase or maintain the Value per ETC Security of the ETC Securities by such amount as is necessary to negate the Accrued Fee since the time the investor purchased the ETC Securities.

  • If the RCPS are redeemed, the obligation of the Company to pay a cumulative 15% per annum cost on the RCPS (which includes the RCPS Accrued Fee) will immediately cease.


More Definitions of Accrued Fee

Accrued Fee means, in relation to any Scheduled Valuation Day, an amount equal to:
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Related to Accrued Fee

  • Accrued Amount has the meaning set forth in Section 3.1(b) of this Agreement.

  • Accrued Amounts means:

  • Accrued Expenses means the accrued and unpaid expenses appearing as a Liability on the Preliminary Closing Statement or the Final Closing Statement.

  • Accrued Bonus means the bonus, which may be negative or positive, which is calculated in the manner set forth in Section V.A.

  • Accrued Obligation means the sum of (x) the Executive's Annual Base Salary through the Date of Termination for periods through but not following his Separation From Service and (y) any accrued vacation pay earned by the Executive subject to any applicable Company policies on carryover of accrued vacation pay, and in each case, to the extent not theretofore paid.

  • Accrued Obligations are (i) Executive’s accrued but unpaid salary through the date of termination, (ii) any unreimbursed business expenses incurred by Executive payable in accordance with the Company’s standard expense reimbursement policies, and (iii) benefits owed to Executive under any qualified retirement plan or health and welfare benefit plan in which Executive was a participant in accordance with applicable law and the provisions of such plan.

  • Accrued Base Salary means the amount of Executive's Base Salary which is accrued but not yet paid as of the Date of Termination.

  • Accrued Compensation means an amount which shall include all amounts earned or accrued through the "Termination Date" (as hereinafter defined) but not paid as of the Termination Date, including (i) base salary, (ii) reimbursement for reasonable and necessary expenses incurred by the Executive on behalf of the Company during the period ending on the Termination Date, (iii) vacation pay and (iv) bonuses and incentive compensation (other than the "Pro Rata Bonus" (as hereinafter defined)).

  • Accrued Rights shall have the meaning set forth in Section 4(a)(iv).

  • Accrued Day Off means the paid day off accruing to an employee resulting from an entitlement to the 38 hour week as prescribed in Clause 6. - Hours of Duty, Overtime and On Call, in this award.

  • Monthly salary means the portion of a member’s annual compensation which is paid to him or her per month.

  • Base Salary Amount means the greater of the Executive’s annual base salary (a) at the rate in effect on the Termination Date and (b) at the highest rate in effect at any time during the 180-day period prior to a Change in Control, and will include all amounts of the Executive’s base salary that are deferred under any qualified or non-qualified employee benefit plan of the Company or any other agreement or arrangement.

  • Company Termination Fee has the meaning set forth in Section 7.3(a).

  • Parent Termination Fee has the meaning set forth in Section 7.3(b).

  • Base Fee $60 million (Avg Daily Net Assets For Most Recent Month) * 0.45% * (31/365) = $22,931.51 Performance Fee: $40 million (Avg Daily Net Assets for rolling 12-month period) * -0.25% * (31/365) = $(8,493.15) Total Fulcrum Fee: $14,438.36 = $22,931.51 (Base Fee) - $8,493.15 (Performance Fee)

  • Pro Rata Bonus means an amount equal to the Bonus Amount multiplied by a fraction the numerator of which is the number of days in the fiscal year through the Termination Date and the denominator of which is 365.

  • Accrued Servicing Fees based upon the Scheduled Principal Balance of the Mortgage Loan as calculated on a monthly basis.

  • Severance Payment means any amount paid by a board to or in behalf of a superintendent on early termination of the superinten- dent’s contract that exceeds the amount earned by the superinten- dent under the contract as of the date of termination, including any amount that exceeds the amount of earned standard salary and benefits that is paid as a condition of early termination of the con- tract. Payments to a former superintendent who remains employed by a district in another capacity or contracts with a district to pro- vide the district services may be severance payments in whole or in part if the payments are compensation for the early termination of a prior employment agreement. Severance payments include any payment for actual or threatened litigation involving or related to the employment contract. Education Code 11.201(c); 19 TAC 105.1021(a)(1)

  • Monthly Base Salary means 1/12th of the greater of (i) Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control Termination or a Covered Termination, as applicable, or (ii) in the case of a Change in Control Termination, Executive’s annual base salary (excluding incentive pay, premium pay, commissions, overtime, bonuses and other forms of variable compensation) as in effect on the date of a Change in Control.

  • Accrued Day(s) Off means the paid day(s) off accruing to an employee resulting from an entitlement to the 38 hour week as prescribed in Clause 6. - Hours of this award.

  • Severance Amount means:

  • Monthly Fee means the total consideration, including but not limited to, equipment or locker rental,

  • Monthly Salary Rate means the amount agreed to by the Owner that can be used on Applications for Payment throughout the Construction Phase to account for the services of Construction Manager’s salaried personnel assigned to the Project. A Monthly Salary Rate must be established for each salaried person and must be approved in writing by the Owner in advance of any Application for Payment for that person. The Monthly Salary Rate is for convenience only and any payments made for Construction Manager’s personnel are subject to audit to determine the actual cost of the wages and allowable employer contributions incurred by the Construction Manager for services performed for the Project.

  • Base Salary shall have the meaning set forth in Section 3(a) hereof.

  • Basic Salary shall have the meaning assigned to it in Section 5 of this Agreement.