Reference Fees definition

Reference Fees means the sum of (i) the aggregate Annual Investment Advisory Revenue of all Client Accounts plus (ii) the aggregate Annual Investment Advisory Revenue of all Mutual Funds, as set forth on Schedule 3.6(a) under the heading “Reference Fees”.
Reference Fees means the fees actually paid or payable to Qumulo under or related to this Agreement in the twelve (12) month period immediately preceding the first event giving rise to the applicable claim made under or related to this Agreement, provided that, in the case of Multi-Year Order Forms, the Reference Fees will be determined by pro-rating the total fees payable during the term of the Multi-Year Order Form across the number of months of that term, and multiplying that by 12.

Examples of Reference Fees in a sentence

  • Employees who are unable to remain registered in the same program due to changes in program offerings or conditions shall maintain their Reference Fees from their original program (their actual fees when they first entered their program) if they apply to and are accepted in a different program at Carleton University within twelve (12) months.