Computation and Payment of Fee. The advisory fee shall accrue on each calendar day, and shall be payable monthly on the first business day of the next succeeding calendar month. The daily fee accruals shall be computed by multiplying the fraction of one divided by the number of days in the calendar year by the annual advisory fee rate, and multiplying this product by the Managed Assets of the Fund, determined in the manner established by the Directors, as of the close of business on the last preceding business day on which the Fund's net asset value was determined.
Appears in 21 contracts
Samples: Management Agreement (Neuberger Berman Real Estate Income Fund Inc), Management Agreement Neuberger (Neuberger Berman Realty Income Fund Inc), Management Agreement Neuberger (Neuberger Berman Income Opportunity Fund Inc)
Computation and Payment of Fee. The advisory fee shall accrue on each calendar day, and shall be payable monthly on the first business day of the next succeeding calendar month. The daily fee accruals shall be computed by multiplying the fraction of one divided by the number of days in the calendar year by the applicable annual advisory fee raterate (as set forth in Schedule B hereto), and multiplying this product by the Managed Assets net assets of the FundSeries, determined in the manner established by the DirectorsTrustees, as of the close of business on the last preceding business day on which the Fund's Series' net asset value was determined.
Appears in 19 contracts
Samples: Management Agreement (Neuberger Berman Income Funds), Management Agreement Neuberger Berman Income Funds (Neuberger Berman Income Funds), Management Agreement (Neuberger Berman Income Funds)
Computation and Payment of Fee. The advisory fee shall accrue on each calendar day, and shall be payable monthly on the first business day of the next succeeding calendar month. The daily fee accruals shall be computed by multiplying the fraction of one divided by the number of days in the calendar year by the applicable annual advisory fee raterate (as set forth in Schedule B hereto), and multiplying this product by the Managed Assets net assets of the FundSeries, determined in the manner established by the DirectorsTrustees, as of the close of business on the last preceding business day on which the Fund's Series’ net asset value was determined.
Appears in 11 contracts
Samples: Management Agreement (Neuberger Berman ETF Trust), Management Agreement (Neuberger Berman ETF Trust), Management Agreement (Neuberger Berman ETF Trust)
Computation and Payment of Fee. The advisory fee shall accrue on each calendar day, and shall be payable monthly on the first business day of the next succeeding calendar month. The daily fee accruals shall be computed by multiplying the fraction of one divided by the number of days in the calendar year by the annual advisory fee rate, and multiplying this product by the Managed Assets of the Fund, determined in the manner established by the Directors, as of the close of business on the last preceding business day on which the Fund's ’s net asset value was determined.
Appears in 6 contracts
Samples: Management Agreement (Neuberger Berman Real Estate Securities Income Fund Inc), Management Agreement (Neuberger Berman High Yield Strategies Fund Inc.), Management Agreement (Neuberger Berman Next Generation Connectivity Fund Inc.)
Computation and Payment of Fee. The advisory fee shall accrue on each calendar day, and shall be payable monthly on the first business day of the next succeeding calendar month. The daily fee accruals shall be computed by multiplying the fraction of one divided by the number of days in the calendar year by the annual advisory fee rate, and multiplying this product by the Managed Assets of the Fund, determined in the manner established by the Directors, as of the close of business on the last preceding business day on which the Fund's Funds net asset value was determined.
Appears in 5 contracts
Samples: Management Agreement (Neuberger Berman California Intermediate Municipal Fund Inc), Management Agreement (Neuberger Berman New York Intermediate Municipal Fund Inc), Management Agreement (Neuberger Berman Dividend Advantage Fund Inc)
Computation and Payment of Fee. The advisory fee shall accrue on each calendar day, and shall be payable monthly on the first business day of the next succeeding calendar month. The daily fee accruals shall be computed by multiplying the fraction of one divided by the number of days in the calendar year by the applicable annual advisory fee raterate (as set forth in Schedule B hereto), and multiplying this product by the Managed Assets net assets of the FundSeries, determined in the manner established by the DirectorsTrustees, as of the close of business on the last preceding business day on which the FundSeries's net asset value was determined.
Appears in 2 contracts
Samples: Management Agreement (Neuberger & Berman Income Funds), Management Agreement (Neuberger Berman Equity Funds)
Computation and Payment of Fee. The advisory fee shall accrue on each calendar day, and shall be payable monthly on the first business day of the next succeeding calendar month. The daily fee accruals shall be computed by multiplying the fraction of one divided by the number of days in the calendar year by the applicable annual advisory fee raterate (as set forth in Schedule B hereto), and multiplying this product by the Managed Assets net assets of the FundSeries, determined in the manner established by the DirectorsTrustees, as of the close of business on the last preceding business day on which the Fund's net asset value was determined.of
Appears in 1 contract
Samples: Investment Advisory Agreement (Neuberger Berman Institutional Liquidity Series)
