Compensation of the Sub-Administrator. The Administrator shall pay to the Sub-Administrator compensation at the annual rate specified in Schedule A to this Agreement until this Agreement is terminated in accordance with Article 5. Such compensation shall be calculated and accrued daily, and paid to the Sub-Administrator monthly. If this Agreement becomes effective subsequent to the first day of a month or terminates before the last day of a month, the Sub-Administrator's compensation for that part of the month in which this Agreement is in effect shall be prorated in a manner consistent with the calculation of the fees as set forth above. Payment of the Sub-Administrator's compensation for the preceding month shall be made within 30 days after receipt of invoice. In addition, the Administrator agrees to reimburse the Sub-Administrator for the Sub-Administrator's reasonable out of pocket expenses in providing services hereunder, so long as Sub-Administrator receives prior consent in writing from the Administrator.
Compensation of the Sub-Administrator. The Administrator shall pay to the Sub-Administrator compensation at the annual rate specified in Schedule C to this Agreement until this Agreement is terminated in accordance with Article 6. Such compensation shall be calculated and accrued monthly, and paid to the Sub-Administrator quarterly, within 30 days of quarter-end, otherwise the Sub-Administrator shall be entitled to charge and/or set-off such amounts against any account of the Administrator. If this Agreement becomes effective subsequent to the first day of a month or terminates before the last day of a month, the Sub-Administrator’s compensation for that part of the month in which this Agreement is in effect shall be prorated in a manner consistent with the calculation of the fees as set forth above.
Compensation of the Sub-Administrator. AAM will pay the Princeton a fee on the first business day of each calendar month for the previous month equal to the following;
Compensation of the Sub-Administrator. (a) The Administrator shall pay BISYS for the services to be provided by BISYS under this Agreement in accordance with the fee schedule which is set forth as Schedule C attached hereto. In addition, the Administrator shall reimburse BISYS for all of its reasonable out-of-pocket expenses, including, but not limited to, travel and lodging expenses incurred by officers and employees of BISYS in connection with attendance at
Compensation of the Sub-Administrator. For the services rendered to the Business Manager by the Sub-Administrator pursuant to t s Agreement, the Business Manager shall pay to the Sub-Administrator on the first business day of each calendar month a fee for the previous month at an annual rate equal to the greater of (i) $150,000 per annum ($12,500 per month), or (ii) at an annual rate equal to .20% of the Fund's net assets based upon the net asset values applicable to shares of common stock and shares of preferred stock and debt, if any, at the end of each week. For the purpose of determining fees payable to the Sub-Administrator, the value of the Fund's net assets shall be computed at the times and in the manner specified in the Fund's registration statement on Form N-2, as amended from time to time (the "Registration Statement"). Compensation by the Business Manager of the Sub- Administrator shall commence on the date of the first receipt by the Fund of the proceeds of the sale of its shares to the Underwriters as described in the Registration Statement, and the fee for the period from the date the Fund shall first receive the proceeds of the sale of its shares to the Underwriters as aforesaid to the end of the month during which such proceeds are so received, shall be pro-rated according to the proportion that such period bears to thq-full monthly period. Upon termination of this Agreement before the end of a month, the fee for such part of that month shall be pro-rated according to the proportion that such period bears to the full monthly period and shall be payable within (7) days after the date of termination of this Agreement.
Compensation of the Sub-Administrator. HighMark shall pay to the Sub-Administrator compensation at the annual rate specified in Schedule B (attached hereto and incorporated by reference) until this Agreement is terminated in accordance with Article 6. Such compensation shall be calculated and accrued daily, and paid to the Sub-Administrator monthly in arrears. The Sub-Administrator's compensation shall be prorated for partial months in a manner consistent with the foregoing fee calculation.
Compensation of the Sub-Administrator. For the services to be rendered and the facilities to be provided by the Sub-Administrator hereunder, the Sub-Administrator shall be paid an administrative fee as may from time to time be agreed to between the Administrator and the Sub-Administrator.
Compensation of the Sub-Administrator. PIM will pay the Sub-Administrator a fee on the first business day of each calendar month for the previous month equal at an annual rate equal to 0.07% of the Trust's average daily Managed Assets (as hereinafter defined) up to $500,000,000 and 0.03% of average daily Managed Assets in excess of $500,000,000. For the
Compensation of the Sub-Administrator. For the services to be rendered and the facilities to be provided by the Sub-Administrator hereunder, the Funds shall pay to the Sub-Administrator an administrative fee computed and paid in accordance with Schedule A hereto.
Compensation of the Sub-Administrator. PIM will pay the Sub-Administrator a fee on the first business day of each calendar month for the previous month equal to the greater of (i) of $[_________] per annum ($[______] per month), or (ii) at an annual rate equal to [_____]% of the Trust's average daily Managed Assets (as hereinafter defined) up to $[_____] and [_____]% of average daily Managed Assets in excess of $[_____]. For the purposes of determining fees payable to the Sub-Administrator, the value of the Trust's assets shall be computed at the times and in the manner specified in the Trust's Registration Statement on Form N-2, as amended from
