Base Fee Rate definition

Base Fee Rate means the monthly equivalent of 1.0% (100 basis points) annually;
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Base Fee Rate. The Base Fee Rate is a blended rate calculated by applying: 1.00% on the first $100,000,000 of TAS Assets;
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Base Fee Rate. The Base Fee Rate is a blended rate calculated by applying: 1.00% on the first $100,000,000 of TIFF Assets; 0.75% on the next $100,000,000 of TIFF Assets; 0.50% on the next $100,000,000 of TIFF Assets;
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Examples of Base Fee Rate in a sentence

  • Except as otherwise provided in sub—paragraph (d) below, the Base Fee Rate is subject to an upward or downward Performance Adjustment equivalent to 25% of the amount by which the Fund outperforms or underperforms its benchmark index plus 1.15%.

  • The Base Fee shall be calculated on a daily basis by applying the Base Fee Rate to the total Fund Net Assets from the prior day.

  • Likewise, in the case where the Fund has significantly underperformed versus the Index but net assets have increased significantly, the monthly total Fulcrum Fee can be greater than 0.10% although the Base Fee Rate minus the Performance Fee Rate may be 0.10%.

  • As in the initial year, the Base Fee shall be calculated each month on a daily basis by applying the Base Fee Rate to the total Fund Net Assets from the prior day.

  • If the Fund is significantly underperforming versus the Index and the Fund’s net assets have declined significantly, the monthly total Fulcrum Fee can be a negative number (although the Base Fee Rate minus the Performance Fee Rate can never be negative (the Minimum Fee Rate is 10 bps), the Fulcrum Fee can be negative).

  • On a monthly basis, the Fund shall pay to the Sub-Adviser the Minimum Fee Rate (“MFR”) earned of 0.10% on an annualized basis (Base Fee Rate – PFR) applied to the Average Daily Net Assets.

  • During the first year, the Sub-Adviser will be paid out monthly only the Base Fee Rate less the maximum Performance Fee Rate (the “Minimum Fee Rate”).

  • The Fund will pay the Manager an asset based fee equal to the Base Fee Rate multiplied by the Managed Account assets, calculated monthly and based the aggregate average daily net assets of the Managed Accounts for which compensation is calculated under this Schedule I-C for the month to which the fee relates.

  • The calculation of the performance adjustment applies as follows: Investment Advisory Fee = Base Fee Rate +/– Performance Adjustment.

  • The Base Fee Rate is subject to an upward or downward performance adjustment for every full 0.50% increment by which the Fund outperforms or underperforms the Performance Fee Benchmark.

Related to Base Fee Rate

  • L/C Fee Rate means the rates set forth in Schedule 1 hereto beside the then applicable Level.

  • Program Fee Rate is defined in the Fee Letter.

  • Expense Fee Rate As to each Mortgage Loan, the sum of (a) the related Servicing Fee Rate and (b) the Trustee Fee Rate.

  • Unused Fee Rate means a per annum rate equal to 0.20%.

  • Fee Rate means initially 0.25% per annum, which shall be subject to increase by 0.25% per annum for each Week in respect of which any Failure has occurred and is continuing.