Base Fee. $20 million (Avg Daily Net Assets For Most Recent Month) * 0.45% * (31/365) = $7,643.84 Performance Fee: $30 million (Avg Daily Net Assets for rolling 12-month period) * -0.35% * (31/365) = $(8,917.81) Total Fulcrum Fee: $(1,273.97) = $7,643.84 (Base Fee) - $8,917.81 (Performance Fee)
Base Fee means the monthly fee paid by Flexion in consideration for the Services, as more specifically set forth in Schedule 2.1(a) of this Agreement. For the avoidance of doubt, Base Fees do not include Capital Expenditures (as defined in the Technical Transfer Agreement), Product Fees, Material Costs, or charges for Bill Back Items or Additional Services.
Examples of Base Fee in a sentence
Base fee, if applicable, will be paid in [Insert “monthly”, or less frequent period] installments based on the percent of completion of the work as determined by the Contracting Officer.
More Definitions of Base Fee
Base Fee means the amount paid to the Executive annually by the Corporation pursuant to Article 5.1;
Base Fee means any fee or part of a fee that is charged in respect of a child for child care, including anything a licensee is required to provide under the Child Care and Early Years Act, 2014 (CCEYA), or anything a licensee requires the parent to purchase from the licensee, but does not include a non-base fee.