Fund Management Fee definition

Fund Management Fee means the amount of money used for the management of the Universal Life Fund.
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Fund Management Fee means the fixed management fee as set out in paragraph 8;
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Fund Management Fee means a set fee paid to a firm engaged by the Fund and its Investors to manage the day-to-day operations of the Fund, the amount of such fee being exclusive of Fund Expenses.
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Examples of Fund Management Fee in a sentence

  • The difference in the amount of the management fees will be paid out by the Fund to the applicable investors as a distribution of additional units of the Fund (Management Fee Distributions).

  • A Discretionary Fund Management Fee applies to selected Investment Options.

  • The difference in the amount of the management fees will be paid out by the Fund to the applicable investors as a distribution of additional units of the Fund (Management Fee Distributions).Management Fee Distributions are negotiable between the Manager and the investor and are dependent primarily on the size of the investor’s investment in the Fund.

  • The OCF is made up of the Fund Management Fee and, where a fund invests a substantial portion of its assets in other funds, an amount for the pro-rated charges of those other funds (referred to as “synthetic charges” or the “synthetic” part of the ongoing charge).

  • The Fund disburses a portion of the fund management fee under title Trailer Fee for Sales Activity, but as an aggregate, it does not increase the amount of the Fund Management Fee.

  • Fund Management Fee will be deducted before the Company’s declaration of Credit Rate as specified under Article 23.The Fund Management Fee rate will be 2% per year.This fee is subject to change after approval by MoF.

  • Fund Management Fee :Compensation, expenses and fees related to consulting services to be paid to the fund manager.

  • The Tax Policy and Administration TTF Program Document25 presents non-TA delivery and research costs (ie, project management, backstopping, HQ-based TA, Trust Fund Management Fee, but excluding project specific project management (which we can assume is offset by HQ-based TA)) at 29 percent of program budget.

  • The Fund Management Fee will be reviewed monthly and will be revised if the previous month end actual asset allocation deviates by more than ten percent (10%) of the initial asset allocation.

  • The Adviser hereby agrees to waive all or any portion of the Fund Management Fee that would otherwise be paid by that Fund to the Adviser in any period in an amount equal to the amount of the Subsidiary Management Fee, if any, actually paid by the Subsidiary to the Adviser under the Subsidiary Agreement during such period.


More Definitions of Fund Management Fee

Fund Management Fee means, for services provided by the Manager related to managing and administering the Company, in each Financial Year, a fee being the greater of an amount equivalent to the percentage of the aggregate Capital Value of the Properties (as set out in the table below) calculated and payable on the last day of each calendar month plus GST and the Minimum Fund Management Fee; Financial Year Commencing Fee 1 April 2019 0.25% 1 April 2020 0.30% 1 April 2021 0.35% 1 April 2022 0.40% 1 April 2023 and beyond 0.45%
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Fund Management Fee is defined in Section 8.8(a).
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Fund Management Fee means in relation to the ARC Fund, the management fee calculated in terms of the Partnership Agreement and paid or payable to the General Partner;
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Fund Management Fee means the fee due by a Fund to the Fund Manager as remuneration for its management of that Fund as set forth in Section 8.2;
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Fund Management Fee means the fee payable to SB Partners Real Estate Corporation, formerly known as Sxxxx, Xxxxxx Real Estate Corporation, (the "Manager"), Borrower’s investment manager, pursuant to that certain agreement dated as of December 4, 1970 by and between SB Partners and the Manager (the "Management Agreement"). Borrower represents that pursuant to the Management Agreement the Fund Management Fee is equal to (x) 2% of the sum of the average daily Aggregate Capital Investment Account and the average daily Amortization Account of Borrower and (y) ½ of 1% of the average daily Capital Cash Account of Borrower, as such capitalized terms are defined in the Management Agreement. As of the Effective Date, the annual Fund Management Fee is $852,483, provided, however, so long as the Loan shall be outstanding such Fund Management Fee shall not exceed 50% of the lesser of (a) the Fund Management Fee as so calculated or (b) $852,483, during any 12 month period commencing on the Effective Date (the "Management Fee Cap"). The annual Fund Management Fee shall not be changed except with the consent of Lender, which consent Lender may withhold in its sole discretion.
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Fund Management Fee means the fee payable by the Fund to the Fund Management Company providing management services to the Fund as prescribed in the Prospectus."Fund Representative Board"means the body of the Fund composed of those who represent Investors and are elected by the General Meeting of Investors to supervise, on behalf of Investors, the operations of the Fund, the Fund Management Company and the Supervisory Bank."Fund Units"means equal units in the capital of the Fund. The par value of a Fund Unit at the time of the IPO shall be VND10,000. Each Fund Unit represents an equal share in the Fund’s capital, assets and right to profits."Fund"means Eastspring Investments Vietnam Navigator Fund (ENF), an open- ended fund offering fund certificates to the public and established under securities regulation and the Charter."General Meeting of Investors"means the general meeting of Investors having voting rights, which is organized in a regular or extraordinary manner to approve important matters with respect to the Fund. The General Meeting of Investors is the highest authority of the Fund."Internal Valuation Board"includes senior officers of the Fund Management Company elected to supervise price assessment with respect to assets and price assessment policies."Investors"mean domestic and foreign individuals or organizations holding one or more Fund Certificates."Issue Price"means the price payable by Investors to buy a Fund Unit. The Issue Price shall be equal to either VND10,000 in the IPO of the Fund Certificates and thereafter the NAV per Fund Unit, plus any applicable Subscription Fee as specified in the Prospectus."Net Asset Value (NAV)"means the net asset value of the Fund, being the total value of the assets and investments held by the Fund less its liabilities at a given Valuation Date."Omnibus Agents” (registeredname agents)mean Distribution Agents which open omnibus accounts in its name and conduct transactions of fund certificates on behalf of Investors in the sub- account.
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Related to Fund Management Fee

  • Investment Management Fee means each of the Senior Investment Management Fee, the Subordinated Investment Management Fee and the Incentive Investment Management Fee.

  • Asset Management Fee shall have the meaning set forth in Section 8.02.

  • Fund Management means the persons responsible for the portfolio and/or risk management of the Fund.

  • Property Management Fee means the fee payable to the Manager for its day-to-day management of the Property pursuant to the Management Agreement.

  • Base Management Fee means the base management fee, calculated quarterly in arrears, in an aggregate amount equal to the sum of (i) 25% per Quarter of the Fee Amount, plus (ii) 0.3125% of the Total Capitalization Value Increase for the preceding Quarter;

  • Collateral Management Fee means each of the Senior Management Fee, the Subordinated Management Fee and the Incentive Collateral Management Fee.

  • Management Fee has the meaning given in Section 4.1.

  • Fund Manager means the manager appointed for the day-to-day management and administration of the scheme.

  • Management Fees means, with respect to each Project for any period, an amount equal to the greater of (i) actual management fees payable with respect thereto and (ii) three percent (3%) per annum on the aggregate base rent and percentage rent due and payable under leases at such Project.

  • Load Management means a Demand Resource (“DR”) as defined in the Reliability Assurance Agreement.

  • Arrangement Fee has the meaning specified in Section 2.05(a).

  • Incentive Management Fee shall have the meaning set forth in Section 9.2(e) hereof.

  • Stormwater management facility means a control measure that controls stormwater runoff and changes the characteristics of that runoff including, but not limited to, the quantity and quality, the period of release or the velocity of flow.

  • Professional Fee Amount means the aggregate amount of Professional Fee Claims and other unpaid fees and expenses that Professionals estimate they have incurred or will incur in rendering services to the Debtors prior to and as of the Confirmation Date, which estimates Professionals shall deliver to the Debtors as set forth in Article II.B of the Plan.

  • Management Fee Subordination Agreement means that certain Amended and Restated Management Fee Subordination Agreement, dated as of the Closing Date, by and between the Sponsor and Agent and acknowledged by the Borrower.

  • Professional Fee Escrow means an escrow account established and funded pursuant to section 2.6 of the Plan.

  • Financing Coordination Fee means the fees payable to the Advisor pursuant to Section 10(e).

  • Professional Fee Escrow Account means an interest-bearing account funded by the Debtors with Cash on the Effective Date in an amount equal to the Professional Fee Amount.

  • Stormwater management BMP means an excavation or embankment and related areas designed to retain stormwater runoff. A stormwater management BMP may either be normally dry (that is, a detention basin or infiltration system), retain water in a permanent pool (a retention basin), or be planted mainly with wetland vegetation (most constructed stormwater wetlands).

  • Management Expenses means the costs, charges and expenses necessarily and reasonably incurred or to be incurred for the management and maintenance of the Land and the Building and the Common Areas and Facilities therein to be borne by the Owners including the remuneration of the Manager as provided in this Deed;

  • Administration Fee means the fee payable to the Administrator pursuant to Section 3 of the Administration Agreement.

  • Placement Fee has the meaning given thereto in Section 2(a) hereof;

  • Professional Fee Escrow Amount means the aggregate amount of Professional Fee Claims and other unpaid fees and expenses Professionals estimate they have incurred or will incur in rendering services to the Debtors prior to and as of the Confirmation Date, which estimates Professionals shall deliver to the Debtors as set forth in Article II.C hereof.

  • Management Unit means an area established by the Commission for management purposes.

  • Monitoring Fee means the fees payable to the Lender pursuant to Section 2.03(b) below.

  • Project Management Unit or “PMU” means the Recipient’s management and Implementation unit referred to in Section I.A.2 of Schedule 2 to this Agreement.