Offset of Fees Sample Clauses

Offset of Fees. FTA agrees to reduce the management fees otherwise payable to FTA by the Fund pursuant to the Management Agreement by the portion of the management fees earned by FTA from the Fund for assets invested in other investment companies advised by FTA. The aggregate amount of offset fees shall be accrued daily and paid on a monthly basis for the Fund but calculated on an annualized basis.
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Offset of Fees. FTA agrees to offset "acquired fund fees and expenses," as such term is described in Form N-1A, attributable to the Fund from its investment in other investment companies managed by FTA, by reducing the management fees otherwise payable to FTA by the Fund pursuant to the Management Agreement by the proportional amount of the Fund's acquired fund fees and expenses so that the Fund will not bear the indirect costs of purchasing and holding shares of other investment companies managed by FTA. The aggregate amount of offset fees shall be accrued daily and paid on a monthly basis for the Fund but calculated on an annualized basis.
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Offset of Fees. Cortelco may offset the fees and compensation provided for in this Article (the “Fulfillment Fees”) against the amounts received by Cortelco from third parties on behalf of eon Sub in connection with providing the Fulfillment Services. Any amounts due in excess of the amounts received on a monthly basis from third party distributors will be invoiced to eOn Sub, and eOn Sub agrees to pay such invoiced amounts within thirty days of receipt of invoice. Other than the Fulfillment Fees, Cortelco will not withhold any sum whatsoever, for any reason, from the amounts payable to eOn Sub received from distributors or other parties in connection with the Fulfillment Services being provided pursuant to this Agreement.
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Offset of Fees. In connection with the termination of the Revolving Credit Agreement, each of the Lenders and Citicorp USA, Inc. acknowledges and agrees that any and all amounts payable by the Borrower under the two fee letters, dated as of December 21, 2001, executed and delivered by the Borrower and Salomon Smith Barney, Inc., in connection with the New Revolving Credix Xxxxxxxxx xhxxx xxduce, on a dollar for dollar basis, any and all amounts ultimately paid or payable by the Borrower under Section 2.09(b)
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Offset of Fees. In connection with the termination of the Revolving Credit Agreement, each of the Lenders and Citicorp USA, Inc. acknowledges and agrees that any and all amounts payable by the Borrower under the two fee letters, dated as of December 21, 2001, executed and delivered by the Borrower and Xxxxxxx Xxxxx Xxxxxx, Inc., in connection with the New Revolving Credit Agreement shall reduce, on a dollar for dollar basis, any and all amounts ultimately paid or payable by the Borrower under Section 2.09(b) of the Revolving Credit Agreement. To the extent the Borrower shall have previously paid any or all of such amounts under the Revolving Credit Agreement, the Lenders shall promptly refund such amounts to the Borrower.
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Offset of Fees. TSG shall also concurrently provide information concerning the prospective annual increase or reduction in Fees pursuant to Section "7.11, PERFORMANCE ADJUSTMENT OF FEES."
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Offset of Fees. A. In exchange for a one time payment [TEXT OMITTED - CONFIDENTIAL TREATMENT REQUESTED] from TSG to AMERICAN, TSG shall retain all license fees and other compensation that TSG receives arising out of the Jointly Owned Software;
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Related to Offset of Fees

  • Payment of Fees All fees payable hereunder shall be paid on the dates due, in immediately available funds, to the Administrative Agent (or to the Issuing Lender, in the case of fees payable to it) for distribution, in the case of commitment fees and participation fees, to the Lenders entitled thereto. Fees paid shall not be refundable under any circumstances.

  • Recoupment and Recapture of Fees and Expenses Each Fund has agreed to reimburse the Adviser and/or certain of its affiliates (collectively, “Virtus”) out of assets belonging to the relevant class of the Fund for any Total Fund Operating Expenses of the relevant class of the Fund in excess of the Expense Limit paid, waived or assumed by Virtus for that Fund, provided that Virtus would not be entitled to reimbursement for any amount that would cause Total Fund Operating Expenses to exceed either the Expense Limit in place at the time of the applicable waiver or assumption of expenses by Virtus or, if less, any contractual Expense Limit in place at the time that the reimbursement would be made, and provided further that no amount would be reimbursed by the Fund more than three years after the date on which it was incurred or waived by Virtus. The terms, conditions and rights of this section shall survive any termination of this Agreement.

  • Adjustment of Fees Trust acknowledges that from time to time after the first anniversary of the Effective Date, Administrator may increase all non-asset based Fees upon sixty days written notice to the Trust, in an amount equal to the greater of: (a) five percent; or (b) the percentage increase in the CPI since the Effective Date of the first such increase and since the date of the immediately preceding increase with respect to all subsequent increases; provided, however, that Administrator may not increase the Fees more than one time during any twelve-month period. Notwithstanding the above, in the event of an increase to Administrator’s costs for Special Third Party Services, Administrator may at any time upon thirty days written notice increase the Fees applicable to such Special Third Party Services, provided, that such fee increase will not exceed the applicable percentage increase in costs incurred by Administrator with respect to such Special Third Party Services.

  • Nature of Fees All Fees shall be paid on the dates due, in immediately available funds, to the Administrative Agent, as provided herein and in the fee letters described in Section 2.19. Once paid, none of the Fees shall be refundable under any circumstances.

  • Payment of Fees and Expenses Borrower shall have paid to Lender all fees, charges, and other expenses which are then due and payable as specified in this Agreement or any Related Document.

  • Calculation of Fees Ameriprise will have sole responsibility, and Ameriprise’s records will provide the sole basis, for calculating fees for which Ameriprise invoices under this Agreement. However, the Issuer Entities may provide records to assist Ameriprise in its calculations.

  • Proration of Fee If this Agreement becomes effective or terminates before the end of any month, the Fee for the period from the effective date to the end of such month or from the beginning of such month to the date of termination, as the case may be, shall be prorated according to the proportion which such period bears to the full month in which such effectiveness or termination occurs.

  • Compensation; Payment of Fees and Expenses As compensation for the performance of the Administrator’s obligations under this Agreement, the Administrator shall be entitled to receive $2,500 annually, which shall be solely an obligation of the Servicer; provided, however, notwithstanding the foregoing, such compensation shall in no event exceed the Servicing Fee for the related annual period. The Administrator shall pay all expenses incurred by it in connection with its activities hereunder.

  • Automatic Debits of Fees 89 12.12 Notification of Addresses, Lending Offices, etc..................................................... 89 12.13 Counterparts........................................................................................ 89 12.14 Severability........................................................................................ 89 12.15

  • Computation of Fees and Interest (a) All computations of interest for Base Rate Loans when the Base Rate is determined by Bank of America's "prime rate" shall be made on the basis of a year of 365 or 366 days, as the case may be, and actual days elapsed. All other computations of fees and interest shall be made on the basis of a 360-day year and actual days elapsed (which results in more interest being paid than if computed on the basis of a 365-day year). Interest and fees shall accrue during each period during which interest or such fees are computed from the first day thereof to the last day thereof.

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