Sub-Advisory Fees definition

Sub-Advisory Fees. For each such calendar quarter the Advisor shall then allocate and pay to the Sub-Advisor a percentage of the Sub-Advisory Fees equal to the percentage of unlevered equity capital attributable to the Sub-Advised Assets for which the Sub-Advisor provides Services in relation to the unlevered equity capital attributable to the assets for which all other sub-advisers to the Company, if any, provide services (the portion of the Sub-Advisory Fee payable to the Sub- Advisor referred to as the “OFS Sub-Advisory Fee”). In connection with each quarterly payment of the OFS Sub-Advisory Fee, the Advisor shall provide in writing the basis for the calculation of such OFS Sub-Advisory Fee. In the event that the Sub-Advisor believes that there has been an error in such calculation, the Sub-Advisor shall promptly notify the Advisor of such belief and provide its view of the appropriate calculation in writing. In such event, the Advisor may either accept the Sub-Advisor’s revised calculation or continue the discussion to resolve the disagreement as to the OFS Sub-Advisory Fee amount and calculation. In addition, the Advisor shall pay or reimburse, as applicable, Sub-Advisor for all expenses paid or incurred by Sub- Advisor (including the wages, salaries and other personnel-related expenses of Sub-Advisor’s in- house personnel) in connection with the execution of Sub-Advisor’s duties with respect to the Sub- Advised Assets.
Sample 1
Sub-Advisory Fees. Such Sub-Advisory Fees shall be calculated and paid to the Sub-Adviser by the Adviser based on the Allocated Assets of the Fund net of any leverage or borrowing, as further set forth in Appendix A attached hereto (the “Net Allocated Assets”). In connection with each monthly payment of the Sub-Advisory Fee, the Adviser shall provide in writing the basis for the calculation of such Sub-Advisory Fee. In the event that the Sub-Adviser believes there has been an error in such calculation, the Sub-Adviser shall promptly notify the Adviser of such belief and provide its view of the appropriate calculation in writing. In such event, the Adviser may either accept the Sub-Adviser’s revised calculation or continue the discussion to resolve the disagreement as to the Sub-Adviser Fee amount and calculation. Upon the termination of this Agreement with respect to the Fund, the Adviser shall pay to the Sub-Adviser such compensation as shall be payable prior to the effective date of termination.
Sample 1

Examples of Sub-Advisory Fees in a sentence

  • The Sub-Advisory Fees shall be payable solely by the Adviser, and the Fund shall not be liable to the Sub-Adviser for any unpaid Sub-Advisory Fees.

  • The Sub-Advisory Fees shall be accrued for each calendar day and the sum of the daily Sub-Advisory Fees accruals shall be paid monthly to the Sub-Adviser on or before the fifth business day of the next succeeding month.

  • The Sub-Advisory Fees shall be accrued for each calendar day and the sum of the daily Sub-Advisory Fees accruals shall be paid monthly to the Sub-Adviser.

  • Sub-Advisory Fees Payable on Assets Average Daily Net Assets 0.75% Of first $500 million 0.70% Of next $500 million 0.65% Of any additional average daily net assets The Sub-Advisory Fee shall be computed and accrued daily and paid monthly in arrears based on the average daily net asset value of the Fund as determined according to the manner provided in the then-current Registration Statement of the Fund.

  • The Sub-Advisory Fee shall be payable solely by the Adviser, and the Fund shall not be liable to the Sub-Adviser for any unpaid Sub-Advisory Fees.

  • With respect to Discretionary Sub-Advisory Services and Model Portfolio Services, the Sub-Advisory Fees shall be charged on the portion of the Portfolio assets custodied at Folio and to which such services are provided by the applicable Sub-Adviser.

  • Field Title: Chief Legal Officer Appendix A Sub-Advisory Fees As full compensation for the services and the expenses assumed by the Sub-Adviser pursuant to this Agreement, the Advisers shall pay the Sub-Adviser a fee at the annual rate of [Material Redacted Pursuant to an Exemptive Order Issued by the U.S. Securities and Exchange Commission].

  • By: Name: Title: Appendix A Sub-Advisory Fees As full compensation for the services and the expenses assumed by the Sub-Adviser pursuant to this Agreement, the Advisers shall pay the Sub-Adviser a fee at the annual rate of [Material Redacted: Confidential Treatment Requested].

  • The Sub-Advisory Fees shall be invoiced to the Custodian and deducted from the Portfolio on a monthly basis in arrears.

  • The following chart reflects the amounts of the fees defendant SIMC charged the SEI Funds, and the fees defendant SIMC paid the sub-advisers for substantially the same services in 2013: Fiscal Year 2013 Investment Advisory and Sub-Advisory Fees Fund Net Paid to SIMC (Net of Waivers) Net Paid to Subadvisers Fees Retained by SIMCNote: Figures in Thousands of US$.

Related to Sub-Advisory Fees

  • Advisory Fees means financial advisory fees, closing fees, transaction fees, monitoring fees, oversight fees and similar fees, expenses and indemnities payable by the Loan Parties pursuant to the Advisory Agreement, but in the case of any such fees not to exceed the amounts payable in respect thereof under the Advisory Agreement as in effect on the Closing Date.

  • Advisory Fee shall have the meaning given to it in Section 2.2(f) hereof.

  • Sub-Advisor shall include the Sub-Advisor and/or any of its affiliates and the directors, officers and employees of the Sub-Advisor and/or any of its affiliates.

  • Acquisition Fees means the fee payable to the Advisor pursuant to Section 8.01 plus all other fees and commissions, excluding Acquisition Expenses, paid by any Person to any Person in connection with making or investing in any Property or other Permitted Investment or the purchase, development or construction of any Property by the Company. Included in the computation of such fees or commissions shall be any real estate commission, selection fee, Development Fee, Construction Fee, nonrecurring management fee, loan fees or points or any fee of a similar nature, however designated. Excluded shall be Development Fees and Construction Fees paid to Persons not Affiliated with the Advisor in connection with the actual development and construction of a Property.

  • Investment Advisory Services means (a) advice with respect to the desirability of investing in, purchasing or selling securities or other property, including the power to determine what securities or other property shall be purchased or sold, but not including furnishing only statistical and other factual information (such as economic factors and trends); and (b) the provision of financial, economic or investment management services, but only if ancillary and related to the advice referred to in clause (a) above.

  • Transaction Fees means fees paid or payable by the Service Recipients, which are on market terms, with respect to financial advisory services ordinarily carried out by investment banks in the context of mergers and acquisitions transactions.

  • Advisory Group has the meaning set forth in Section 9.14(c).

  • Independent Financial Advisor means an accounting, appraisal, investment banking firm or consultant to Persons engaged in Similar Businesses of nationally recognized standing that is, in the good faith judgment of the Issuer, qualified to perform the task for which it has been engaged.

  • Asset Management Fee shall have the meaning set forth in Section 8.02.

  • Sub-Adviser means an adviser to

  • Operating Advisor Consulting Fee A fee for each Major Decision on which the Operating Advisor has consultation rights equal to $10,000 or such lesser amount as the related Mortgagor pays with respect to any Serviced Mortgage Loan (or Serviced Loan Combination, if applicable), payable pursuant to Section 3.06(a) and Section 3.06A(a) of this Agreement; provided, that the Operating Advisor Consulting Fee shall be payable only to the extent such fee is actually received from the related Mortgagor as a separately identifiable fee; provided, further that the Operating Advisor may in its sole discretion reduce the Operating Advisor Consulting Fee with respect to any Major Decision; and provided, further that the Master Servicer or Special Servicer, as applicable, may waive or reduce the amount of any Operating Advisor Consulting Fee payable by the related Mortgagor if it determines that such full or partial waiver is in accordance with the Servicing Standard (provided that the Master Servicer or the Special Servicer, as applicable, shall consult with the Operating Advisor on a non-binding basis prior to any such waiver or reduction).

  • Investment Advisory Agreement means the investment advisory agreement entered into between the Adviser and the Fund, as from time to time in effect.

  • Parent Termination Fee has the meaning set forth in Section 7.3(b).

  • Acquisition Fee means any and all fees and commissions, exclusive of Acquisition Expenses, paid by any Person to any other Person (including any fees or commissions paid by or to any Affiliate of the Company or the Advisor) in connection with making or investing in Mortgages or the purchase, development or construction of a Property, including real estate commissions, selection fees, Development Fees, Construction Fees, nonrecurring management fees, loan fees, points or any other fees of a similar nature. Excluded shall be Development Fees and Construction Fees paid to any Person not affiliated with the Sponsor in connection with the actual development and construction of a project.

  • Company Financial Advisor has the meaning set forth in Section 3.10.

  • Advisor or “ADVISORS” means the Person or Persons, if any, appointed, employed or contracted with by the Company pursuant to Section 8.1 hereof and responsible for directing or performing the day-to-day business affairs of the Company, including any Person to whom the Advisor subcontracts all or substantially all of such functions.

  • Sponsor Termination Fees means the one-time payment under the Sponsor Management Agreement of a termination fee to one or more of the Sponsors and their Affiliates in the event of either a Change of Control or the completion of a Qualifying IPO.

  • Investment Management Fee means each of the Senior Investment Management Fee, the Subordinated Investment Management Fee and the Incentive Investment Management Fee.

  • Annual Fees means the annual fees determined by the Council in terms of section 27;

  • Unpaid Transaction Expenses has the meaning specified in Section 2.4(c).

  • Investment Advisor means, in relation to a Portfolio, the investment manager or investment advisor of the Portfolio.

  • Independent Financial Adviser means an independent financial institution of international repute appointed by the Company at its own expense.

  • Financial Advisor has the meaning set forth in Section 3.6.

  • Advisory Person means (i) any employee of the Fund, Manager or Adviser/Subadviser (or of any company in a control relationship to the Fund, Manager or Adviser/Subadviser) who, in connection with his or her regular functions or duties, makes, participates in, or obtains current or pending information regarding the purchase or sale of a security by the Fund, or whose functions relate to the making of any recommendations with respect to such purchases or sales; and (ii) any natural person in a control relationship to the Fund who obtains information concerning recommendations made to the Fund with regard to the purchase or sale of a security.

  • L/C Fees has the meaning set forth in Section 3.4(c).

  • Financial Advisors has the meaning set forth in Section 4.26.