Examples of Investment Management Agreement in a sentence
The Investment AdviserManager has overall responsibility for the investment policy and authority to select service providers pursuant to the Investment Management Agreement entered into with the ACD.
The Company has been granted an ‘in-principle’ waiver of ASX Listing Rule 15.16 to allow for the initial fixed term of the Investment Management Agreement, to run for 10 years.
The Investment Management Agreement shall contain such clauses as are mentioned in the Fourth Schedule of SEBI (Mutual Funds) Regulations, 1996 and such other clauses as are necessary for the purpose of making investments.
The performance feesare calculated for each successful Investment as 20% (plus VAT where applicable) of the amount above the ‘hurdle’ return, where the hurdle is a 6% per annum return with a maximum hurdle of 125% of the original Investment amount.As described in Schedule 2 to the Investment Management Agreement, all reasonable endeavours will be used to ensure that Non-Recoverable Deal Costs borne by the Fund and allocated pro rata amongst Investors will not exceed 0.5% of an Investor’s Net Subscription.
Pursuant to the Investment Management Agreement dated 17 July 2020, Investment Manager is entitled to fees @ 1% of NDCF, exclusive of applicable taxes (also refer note 29).