Examples of Program Management Fee in a sentence
The Annual Asset-Based Fee consists of the Underlying Investment Fee and the Program Management Fee described below.
The Underlying Investment Fee is subject to fluctuation from time to time based on changes in the total annual operating expenses of the Underlying Investment(s) in the Investment Option, which can cause fluctuation in the Total Annual Asset-Based Fee of the Investment Option.• Program Management Fee.
Ascensus receives the Program Management Fee as compensation for administering and managing the Member Plan.
It includes the Underlying Investment Fee plus the Program Management Fee, but does not include the Quarterly AccountMaintenance Fee.
It is advisable to apply this methodology at the earliest possible stage of planning a water related development project that is likely to be subject to licensing or permitting.
If the Board objects to a portion of such calculation, the Contractor may withdraw such portion of the Program Management Fee that is not in dispute.
On or before the fifteenth (15) day of each month following the Program Start Date, the Contractor shall deliver to the Board, by electronic or other such means requested by the Board, a summary report of its calculation of the Program Management Fee for the preceding month, based on the procedures and in the format approved by the Board as required by Section 9.2(a) of this Exhibit E.
The Contractor shall deliver to the Board a report setting forth the procedures it proposes for determining its Program Management Fee and the format for reporting such Program Management Fee in accordance with this Agreement, which procedures and format shall be subject to review and approval by the Board.
The “Total Annual Asset-Based Fees” below include the estimated underlying fund expenses, Program Management Fee, State Fee, and any applicable annual servicing fees under Fee Structure A, B, C, or F.
The only compensation for the Services received by the Contractor shall be the Program Management Fee, which shall be payable only from amounts available in and withdrawn from the Trust, and the Account Maintenance Fee, and payments, if any, received from insurance companies issuing funding agreements to the Trust or third-party mutual funds or their advisers, as described in Section 9.7 of this Exhibit E, unless the Board approves specific account charges as set forth in Section 9.6 of this Exhibit E.