Buyout Amount means the amount that is equal to (1) the average monthly fee payable by the Series Complex to the Administrator hereunder during the six month period (or such shorter period if fewer than six months have elapsed since the effective date of this New Fund Addendum) immediately preceding the mutual agreement called for in this paragraph multiplied by (2) the number of months remaining in the then current term (including any Renewal Term to which the Series Complex is already committed). The Series Complex shall pay the Buyout Amount to the Administrator on or before the effective date of the Early Termination by means of wire or other immediately available funds.
Buyout Amount means $200 million.
Buyout Amount as defined in subsection 2.8(b)(iii).
Examples of Buyout Amount in a sentence
In the event the parties agree to an Early Termination, the parties will agree upon the effective date of such Early Termination and, on or before such effective date, the Series Complex shall (i) not be in material breach of the Agreement (including this New Fund Addendum) and (ii) pay the Buyout Amount to the Administrator in the manner set forth below.
It is uncertain as to whether a formal second-stage tender process would have been undertaken.
In the event the parties agree to an Early Termination, the parties will agree upon the effective date of such Early Termination and, on or before such effective date, the Series shall (i) not be in material breach of the Agreement (including this New Fund Addendum) and (ii) pay the Buyout Amount to the Administrator in the manner set forth below.
The Series shall pay the Buyout Amount to the Administrator on or before the effective date of the Early Termination by means of wire or other immediately available funds.
Estimated Buyout Amount If line 6a exceeds $25,000 (the maximum amount set by the agency head), enter $25,000ORIf line 6a does not exceed $25,000, but is more than line 1, enter amount on line 1.
More Definitions of Buyout Amount
Buyout Amount shall have the meaning set forth in Section 10.5(a) ---------------
Buyout Amount means the amount that is equal to (1) the average monthly fee payable by the Series Complex to the Administrator hereunder during the six month period (or such shorter period if fewer than six months have elapsed since the effective date of this New Fund Addendum) immediately preceding the mutual agreement called for in this paragraph multiplied by (2) the number of months remaining in the then current term (including any Renewal Term to which the Series Complex is already committed). The Series Complex shall pay the Buyout Amount to the Administrator on or before the effective date of the Early Termination by means of wire or other immediately available funds. Advisor Expense Repayment: Any and all out of pocket fees, costs, or expenses advanced by the Administrator, in its sole discretion on behalf of the Series Complex or the undersigned Advisor, as a result of any failure to fully satisfy and comply with any and all applicable portfolio expense caps or expense ratio limits, shall be the responsibility of the Advisor and shall be promptly repaid to the Administrator (“Repayment Obligation”). Any such Repayment Obligation of the Advisor shall survive: (i) the termination of the Agreement and this New Fund Addendum thereto, (ii) any merger or liquidation of any subject portfolio, unless and until the Repayment Obligation is indefeasibly paid in full. Notice to Advisor: Name of Party or Parties: Exchange Traded Concepts, LLC Name of Contact: J. Gxxxxxx Xxxxxxx Address: 10000 Xxxxxx Xxxxxx Drive, Suite 207, Oklahoma City, Oklahoma 73120 Telephone No.: 400.000.0000 Facsimile No.: 405.778.8375 Email Address: gxxxxxx@xxxxxxxxxxxxxxxxxxxxxx.xxx
Buyout Amount means at any time of determination during any Applicable Period, an amount equal to (x) the Revenue Sharing Fee Cap Amount in effect for such Applicable Period minus (y) the aggregate amount of Revenue Sharing Fees paid to and received by the Agent (by wire transfer of immediately available funds for) for the period from the Closing Date until the date immediately prior to such time of determination; provided that the Buyout Amount shall not be less than zero.
Buyout Amount means the Base Buyout Amount, less the aggregate amount of any HWI Net Sale Proceeds with respect to an HWI Sale that is consummated prior to the Closing and actually received by the NARCO Asbestos Trust in cash prior to the Closing (if any), plus the Unpaid Claims Amount.
Buyout Amount means the amount that is equal to (1) the average monthly fee payable by the Trust to Administrator hereunder during the six month period (or such shorter period if fewer than six months have elapsed since the effective date of this Schedule) immediately preceding the mutual agreement called for in this paragraph multiplied by (2) the number of months remaining in the then current term (including any Renewal Term to which the Trust is already committed). The Trust shall pay the Buyout Amount to Administrator on or before the effective date of the Early Termination by means of wire or other immediately available funds.
Buyout Amount means the greater of 1/12(th) of the annual minimum fee multiplied by the number of months remaining in the then current term, or $125,000. The Investment Adviser shall pay the Buyout Amount to Administrator prior to Early Termination by means of wire or other immediately available funds.
Buyout Amount means the amount that is equal to (1) the average monthly fee payable by each Fund to Administrator hereunder during the six-month period (or such shorter period if fewer than six months have elapsed since the effective date of this Schedule) immediately preceding the mutual agreement called for in this paragraph multiplied by (2) the number of months remaining in the then current term (including any Renewal Term to which the applicable Fund is already committed). The Fund shall pay the Buyout Amount to Administrator on or before the effective date of the Early Termination by means of wire or other immediately available funds. Investment Adviser Expense Repayment: Any and all out of pocket fees, costs, or expenses advanced by Administrator, in its sole discretion on behalf of a Fund or the undersigned Investment Adviser, as a result of any failure to fully satisfy and comply with any and all applicable Fund expense caps or expense ratio limits, shall be the responsibility of the Investment Adviser and shall be promptly repaid to Administrator (“Repayment Obligation”). Any such Repayment Obligation of the Investment Adviser shall survive: (i) the termination of the Agreement and this Schedule thereto, (ii) any merger or liquidation of any subject Fund, unless and until the Repayment Obligation is indefeasibly paid in full. HIS DOCUMENT CONSTITUTES CONFIDENTIAL INFORMATION OF SEI INVESTMENTS GLOBAL FUNDS SERVICES Publicity: Except to the extent required by applicable Law, neither the Administrator nor the Investment Adviser shall issue or initiate any press release arising out of or in connection with this Series Schedule or the Services rendered pursuant to the Agreement; provided, however, that if no special prominence is given or particular reference made to any Fund over other clients, nothing herein shall prevent the Administrator from (i) placing any Fund’s or the Investment Adviser’s name and/or company logo(s) (including any registered trademark or service xxxx) on the Administrator’s client list(s) (and sharing such list(s) with current or potential clients of the Administrator) and/or marketing material which will include such entities’ name, logo and those services provided to the Fund(s) by the Administrator; (ii) using any Fund or the Investment Adviser as reference; or (iii) otherwise orally disclosing that a Fund or Investment Adviser is a client of the Administrator at presentations, conferences or other similar meetings. If the Administrator...