Maintenance Fee definition
Examples of Maintenance Fee in a sentence
The Partnership, any Feeder Fund and any Parallel Investment Entity will each be obligated to bear (without duplication) its proportional share of the Maintenance Fee based on its proportional interest in the Aggregator.
The Maintenance Fee shall be payable in cash monthly in arrears on the last calendar day of each calendar month and shall be equal to, in the aggregate, an annualized rate of 0.10% of the Net Asset Value of the Fund.
The License Maintenance Fee is non-refundable but will be credited each year against Royalties payable on account of Net Sales made during that year thereafter.
From time to time, the Management Company may outsource certain administrative duties provided with respect to the Maintenance Fee to third parties.
The fees, costs and expenses of any such third-party service providers will be payable by the Management Company out of its Maintenance Fee.