ANNUAL MINIMUM FEE means $900,000 for each fiscal year of this Agreement.
ANNUAL MINIMUM FEE. The Annual Minimum Fee for the Fund Complex during the first year of fund operations shall be $45,000. Thereafter, the Fund Complex will be subject to an Annual Minimum Fee of $100,000, provided that the Fund Complex has one portfolio. In addition, the Annual Minimum Fee shall be increased by $100,000, allocable among all of the portfolios, for each additional portfolio established after the date hereof; and $12,000, allocable among all of the portfolios, for each additional class of shares established after the date hereof.
ANNUAL MINIMUM FEE. (The Administration and Accounting Fee assumes a tiered minimum fee per fund as follows):
Examples of ANNUAL MINIMUM FEE in a sentence
ANNUAL MINIMUM FEE The Administrative, Fund Accounting and Transfer Agency Fees set forth above are subject to an annual complex minimum of $125,000.
REQUESTED CONFIDENTIAL TREATMENT DEFINITIONS APPENDIX GENERAL DEFINITIONS: ANNUAL MINIMUM FEE has the meaning assigned in Section 2.01(d) hereof.
DEFINITIONS.FOR THE PURPOSE OF THIS CHAPTER, UNLESS THE CONTEXT OTHERWISE REQUIRES, THE FOLLOWING TERMS, PHRASES, WORDS, AND THEIR DERIVATIVES SHALL HAVE THE MEANINGS GIVEN: ANNUAL MINIMUM FEE (AMF) MEANS THE ANNUAL FEE THAT IS REQUIRED FOR USE OF THE CITY RIGHT-OF-WAY FOR THE INSTALLATION AND OPERATION OF THE NETWORK FACILITIES TO PROVIDE FIBER-OPTIC SERVICES.
In no event shall any ANNUAL MINIMUM FEE for any ANNUAL PERIOD under this Section 2.01(d) or any portion thereof be refunded to LICENSEE or credited towards royalties due for any other ANNUAL PERIOD.
Commencing with the ANNUAL PERIOD beginning on ***********, on each October 1st, for so long as any of the licenses granted to LICENSEE hereunder are in effect, LICENSEE shall pay an annual minimum royalty fee ("ANNUAL MINIMUM FEE") of ************ The ANNUAL MINIMUM FEE paid under this Section 2.01(d) shall be creditable with respect to royalties that may become payable pursuant to Section 2.01(b) for the single relevant ANNUAL PERIOD.
More Definitions of ANNUAL MINIMUM FEE
ANNUAL MINIMUM FEE. The initial Annual Minimum Fee shall be determined based upon the number of Funds within the Series as of the date on which the Series is launched, as follows: Up to three Funds: $__________ per Fund Four or more Funds: $_________ per Fund The Annual Minimum Fee shall thereafter be increased at a rate of $________ per additional Fund for each Fund added after the date on which the Series is launched. The foregoing Annual Minimum Fees assume that each Fund includes one class of shares of beneficial interest (each, a "CLASS"). In the event a Fund is comprised of more than one Class, such Fund will be assessed an additional annual fee equal to $15,000 per Class. NEW FUND FEES: There will be a one-time additional service charge of $10,000 for services provided by Administrator in assisting and coordinating the launch of each new Fund on behalf of the Investment Advisor, such fee to be paid by the Investment Advisor by electronic wire transfer of immediately available funds to the wire instructions set forth below in advance of Administrator beginning performance of the new Fund organizational services. Wells Fargo Bank NA Winstox-Xxxxx, XX ABA # 053000219 XXX Xxxxstments Company Acct #2079900401288 Ref: [INVESTMENT ADVISOR NAME] -- New Fund INVESTMENT ADVISOR To the extent that the Board of Trustees of the Trust (the "BOARD") has MAINTENANCE FEE: approved a Fund within the Series and approved the Investment Advisor as the Fund's advisor, and such Fund is not Live (as defined below) by the date that is the three month anniversary of the date of the last such approval (the "APPROVAL DATE"), then the Investment Advisor shall pay SEI a relationship maintenance fee equal to $1,000 per month for each month that the Fund is not Live and such fee shall be retroactive to include each of the first three months following the Approval Date. For purposes of the foregoing, a Fund shall be deemed to be "Live" as of the date on which Administrator first calculates such Fund's official net asset value. ANNUAL CPI The fees payable hereunder shall be subject to one annual increase at INCREASE: Administrator's discretion, equal to the percentage increase in the Philadelphia Consumer Price Index since the effective date of the Series Schedule with respect to the first such increase and since the date of the immediately preceding increase with respect to all subsequent increases; provided, however, that Administrator shall notify the Series' Investment Advisor of its intent to effe...
ANNUAL MINIMUM FEE. The Annual Minimum Fee shall be $150,000 per portfolio. In addition, the Annual Minimum Fee shall be increased by $25,000 for each additional class established after the date hereof.
ANNUAL MINIMUM FEE. The initial Annual Minimum Fee shall be $100,000 for each Fund with either a Core Plus or High Yield investment strategy, $110,000 for each Fund with a Multi-Sector investment strategy, and $100,000 for each Fund with an Equity Growth Plus investment strategy. The foregoing Annual Minimum Fees assume that each Fund includes one class of shares of beneficial interest (each, a "Class"). In the event a Fund is comprised of more than one Class, the Fund will be assessed an additional annual fee equal to $10,000 per Class.
ANNUAL MINIMUM FEE. The Annual Minimum Fee shall be $125,000 per Fund, and shall be payable by a Fund in the event that for any month, the accrued asset based fees for such Fund do not exceed $10,416.67. The foregoing Annual Minimum Fees assume that each Fund includes up to two classes of shares of beneficial interest (each, a “Class”). In the event a Fund is comprised of more than two Classes, such Fund will be assessed an additional annual fee equal to $15,000 per Class in excess of two.
ANNUAL MINIMUM FEE for each Avail Year means the applicable amount set forth in Schedule B with respect to the applicable Approved System. Licensee represents and warrants that it has not granted higher annual minimum fees to any other licensor in the Territory. If Licensee grants a higher annual minimum fee to any other licensor in the Territory, then such higher annual minimum fee shall be offered to Licensor.
ANNUAL MINIMUM FEE for each Avail Year is as follows, in United States dollars: Avail Year Annual Minimum Fee (in US dollars) Avail Year 1 US$75,000 Avail Year 2 US$90,000 Avail Year 3, if applicable US$108,000 Licensee represents and warrants that it has not granted higher deemed retail prices or annual minimum fees to any other licensor in the Territory. If Licensee grants a higher deemed retail price or annual minimum fee to any other licensor in the Territory, then such higher deemed retail price or annual minimum fee shall be offered to Licensor. Invoicing and Payment Invoicing Licensor shall invoice Licensee in accordance with the following: Administration Fee (as defined below) – 90 days prior to Availability Date; and Overages (as defined below) and adjustments – upon receipt of the Monthly Statements (as defined below). Payment Terms Licensee shall pay the Annual Minimum Fee as follows: for Avail Year 1, 100% immediately upon signing and for each other Avail year, 100% no later than 90 days prior to the start of such Avail Year. Each payment of the Annual Minimum Fee for an Avail Year shall be applied against the aggregate total of all Per-Program License Fees earned for all Licensed Content with an Availability Date in such Avail Year. If the aggregate total of all actual Per-Program License Fees due and payable for such Avail Year exceeds the amount of the Annual Minimum Fee, such excess amount is the “Overage.” Payment of Overages and other invoiced amounts shall be made in accordance with clause 12 of the Standard Terms and Conditions. Notwithstanding Section 12.4 of the Standard Terms and Conditions, all payments due to Licensor hereunder shall be made, until Licensee is otherwise notified in writing by Licensor, by wire transfer to CPT Holdings, Inc., c/o XX Xxxxxx Xxxxx Bank, 0 Xxxxx Xxxxxxxxx Xxxxxx - 0xx Xxxxx, Xxxxxxxx, XX 00000, Account Number: 304192791, ABA: 000000000, Reference: Grey Juice VOD Colombia.