Service Fee definition
Examples of Service Fee in a sentence
For the payment period in which this Agreement becomes effective or terminates with respect to any Fund, there shall be an appropriate proration of Administrative Service Fee and Administrative Service Charge payments, on the basis of the number of days that this Agreement is in effect during the month.
Secretary The following lists the Funds and Shares subject to the Second Amended and Restated Services Agreement (“Agreement”) which have the ability to charge the maximum 0.25% Service Fee payable by the Funds pursuant to the Agreement.
Within ten (10) days following the filing of Company’s Annual Report on Form 10-K with the Securities and Exchange Commission for each fiscal year (or, if Company is not a public reporting company, within ninety (90) days following the end of each fiscal year), Company shall prepare and deliver to M42 a statement setting forth the actual Company annual Revenue for such fiscal year and a calculation of the Service Fee due based on such actual Company annual Revenue (the “Annual Statement”).
The Service Fee shall be paid in quarterly installments in arrears, with each quarterly payment equal to three percent (3%) of the portion of Company’s annual Revenue earned during the immediately preceding calendar quarter.
Any increases or adjustments to the Service Fee must be mutually agreed by the Parties in writing.