Fund Management Fee definition

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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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;

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.

Examples of Fund Management Fee in a sentence

The aforementioned Fund Management Fee and legal fees will be payable at the Closing out of funds held pursuant to a Funds Escrow Agreement to be entered into by the Company, Purchaser and an Escrow Agent.
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.
The aforementioned Fund Management Fee and legal fees will be payable at the Closing out of funds held pursuant to a Funds Escrow Agreement to be entered into by the Company, Purchaser and an Escrow Agent (the "Funds Escrow Agreement").
The aforementioned Fund Management Fee and legal fees will be payable at the Closing out of funds held pursuant to a Funds Escrow Agreement to be entered into by the Company, Purchaser and an Escrow Agent (the "FUNDS ESCROW AGREEMENT").
The Adviser hereby agrees to waive all or any portion of the Fund Management Fee to the extent of the amount of any AFFE (excluding AFFE generated from holdings in Acquired Funds for cash management purposes) incurred by a Fund or a Subsidiary.
Fund Management Fee Fees charged to the Company as capital is placed.
Fund Management Fee Annual Fee charged to the Company for the operation of the Company by the Manager.
Pursuant to the Fund Partnership Agreement, the Fund will pay the General Partner a fund management fee (the "Fund Management Fee") in consideration of certain fund management services to be provided by the General Partner to the Fund.
The administration fee shown above is an annual charge, billed and payable monthly, in the same manner as the Fund Advisory and Fund Management Fee.
The General Partner shall fund the payment of the Investment Management Fee from funds obtained on account of the Fund Management Fee (as well as from its "carried interest" or "promote" as contemplated by the Venture Agreement) received from the Fund as promptly as practicable after the calculation of such excess amount.

More Definitions of Fund Management Fee

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;

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; 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%

Fund Management Fee means the fee payable to SB Partners Real Estate Corporation, formerly known as S▇▇▇▇, ▇▇▇▇▇▇ 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.

Fund Management Fee means an annual fee of one percent (1.0%) of the value of the total assets under management, paid to Manager on a monthly basis.

Fund Management Fee means the competitive, annual, management fee charged, in line with market practice, by Maxis, as the Fund Manager, to cover the expenditures incurred by the TGF associated with standard operating costs of the TGF, including for the TGF establishment, pipeline generation, due diligence activities, investment management and the exercise of investment exit options; the fee structure for said fees shall have been determined by the Bank to be acceptable for the purpose of the Project; “Fund Management Fees” means collectively such fees.

Fund Management Fee is defined in Section 8.8(a).