DISTRIBUTION EXPENSE definition

DISTRIBUTION EXPENSE. CHARGE On an annual basis this charge equals 0.15% of the average daily total net asset value of the Variable Account. This charge is to compensate Us for all distribution expenses associated with the Certificate.
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DISTRIBUTION EXPENSE. CHARGE On an annual basis this charge, as shown on the Certificate Data Page, equals a percentage of the average daily total net asset value of the Subaccounts to which Your Purchase Payments are allocated. This charge is to compensate Us for all distribution expenses associated with the Certificate. GUARANTEED DEATH BENEFIT RISK CHARGE On an annual basis this charge, as shown on the Certificate Data Page, equals a percentage of the average daily total net asset value of the Subaccounts to which Your Purchase Payments are allocated. This charge is to compensate Us for the risk assumed as a result of contractual obligations to provide a minimum guaranteed Death Benefit prior to the Annuity Date. TRANSFER PROVISIONS Prior to the Annuity Date, You may transfer all or part of Your Certificate Value to any of the Subaccounts or Fixed Account Options, other than the DCA Fixed Account Options, subject to certain restrictions. We reserve the right to charge a fee for transfers if the number of transfers exceeds the limit specified by Us. The minimum amount that can be transferred and the amount that can remain in a Subaccount or Fixed Account Option are subject to Company limits. TRANSFERS OF ACCUMULATION AND ANNUITY UNITS BETWEEN SUBACCOUNTS Prior to the Annuity Date, You may transfer all or a portion of Your Certificate Value between Subaccounts. A transfer will result in the redemption of Accumulation Units in a Subaccount and the purchase of Accumulation Units in the other Subaccount. Transfers will be effected at the next computed Accumulation Unit Value following Our receipt of Your request for transfer. Accumulation Unit Values are calculated at the close of each NYSE business day. After the Annuity Date, You may transfer all or a portion of Your Certificate Value from one Subaccount to another Subaccount. A transfer will result in the redemption of Annuity Units in a Subaccount and the purchase of Annuity Units in the other Subaccount. Transfers will be effected for the last NYSE business day of the month in which We receive Your request for the transfer. TRANSFERS OF ACCUMULATION AND ANNUITY UNITS TO AND FROM THE FIXED ACCOUNT 13 Prior to the Annuity Date, You may transfer all or any part of Your Certificate Value from the Subaccount(s) to any Fixed Account Option(s) other than the DCA Fixed Account Options or from the Fixed Account Option(s) to the Subaccount(s) of the Contract. After the Annuity Date, transfers into or out of the Fixed Account Option(s)...
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DISTRIBUTION EXPENSE. CHARGE This charge, as shown on the Certificate Data Page, on an annualized basis equals a percentage of the average daily ending value of the assets attributable to the Accumulation units of the Variable Portfolio(s) to which the Certificate is allocated. We subtract this charge daily. This charge is to compensate Us for all distribution expenses associated with the Certificate.
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Examples of DISTRIBUTION EXPENSE in a sentence

  • DISTRIBUTION EXPENSE CHARGE: [None] CONTRACT MAINTENANCE CHARGE: The contract maintenance charge is currently [$40] each Contract Year.

  • DISTRIBUTION EXPENSE TO EMPLOYEE PARTNERS — The Company requires its general managers and area operating partners to enter into five-year employment agreements and purchase an interest in their restaurant’s annual cash flows for the duration of the agreement.

  • DISTRIBUTION EXPENSE CHARGE : Each Valuation Period, the Company deducts a Distribution Expense Charge from the Variable Account which is equal, on an annual basis, to the amount shown on the Certificate Schedule.

  • DISTRIBUTION EXPENSE CHARGE: Each Valuation Period, the Company deducts a Distribution Expense Charge from the Separate Account which is equal, on an annual basis, to the amount shown on the Contract Schedule.

  • DISTRIBUTION EXPENSE TO EMPLOYEE PARTNERS — The Company requires its general managers and area operating partners to enter into five to seven-year employment agreements and purchase an interest in their restaurant’s annual cash flows for the duration of the agreement.

  • DISTRIBUTION EXPENSE CHARGE: Each Valuation Period, the Company deducts a Distribution Expense Charge from the Variable Account which is equal, on an annual basis, to the amount shown on the Certificate Schedule.

  • DISTRIBUTION EXPENSE CHARGE: Each Valuation Period, the Company deducts a Distribution Expense Charge from the Separate Account which is equal, on an annual basis, to the amount shown on the Certificate Schedule.

  • FINISHED PRODUCT DISTRIBUTION EXPENSE (FPDE) Variable and Fixed A [**] accrual of Net Sales to be reconciled and adjusted to actual on an annual basis.

  • DISTRIBUTION EXPENSE CHARGE: None TRANSFERS PERMITTED: [During the Accumulation Period, subject to terms of the contract, there are no limits on the number of transfers that can be made.

  • DISTRIBUTION EXPENSE CHARGE: Equal on an annual basis to [0.15%] of the average daily net assets of the Variable Account.


More Definitions of DISTRIBUTION EXPENSE

DISTRIBUTION EXPENSE. CHARGE On an annual basis this charge, as shown on the Certificate Data Page, equals a percentage of the average daily total net asset value of the Variable Portfolios to which Your Purchase Payments are allocated. This charge is to compensate Us for all distribution expenses associated with the Certificate. GUARANTEED DEATH BENEFIT RISK CHARGE On an annual basis this charge, as shown on the Certificate Data Page, equals a percentage of the average daily total net asset value of the Variable Portfolios to which Your Purchase Payments are allocated. This charge is to compensate Us for the risk assumed as a result of contractual obligations to provide a minimum guaranteed Death Benefit prior to the Annuity Date.
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DISTRIBUTION EXPENSE means the following direct and indirect costs (as determined in accordance with GAAP), to the extent specifically attributable to the Products: [*].
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DISTRIBUTION EXPENSE. CHARGE: None
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Related to DISTRIBUTION EXPENSE

  • Distribution Expenses means, with respect to all rights granted to LGF hereunder, one hundred percent (100%) of the aggregate of all actual, direct, out-of-pocket, third xxxxx costs expended or incurred by LGF in direct connection with the distribution and exploitation of the Picture throughout the Territory in all media, including, without limitation, all DLT Creation Costs, and all conversion, manufacturing, duplication, shipping, marketing, advertising, promotion and publicity costs, and all costs to complete Delivery of the Picture (to the extent (i) LGF elects to cure any failure of Grantor to complete Delivery of the Picture in accordance with the Delivery Schedule and/or (ii) LGF is required to take "access" to any Delivery Materials pursuant to the Delivery Schedule; and/or fiii) Grantor is not required to deliver such elements under the Delivery Schedule). "The Night of the Dead 3D" DM.03

  • Common expense means costs incurred by the association to exercise any of the powers provided for in the association's governing documents.

  • Distribution Costs means all costs of:

  • Liquidation Expenses With respect to a Mortgage Loan in liquidation, unreimbursed expenses paid or incurred by or for the account of the Master Servicer or the related Servicers, such expenses including (a) property protection expenses, (b) property sales expenses, (c) foreclosure and sale costs, including court costs and reasonable attorneys’ fees, and (d) similar expenses reasonably paid or incurred in connection with liquidation.

  • Transition Expenses The reasonable costs (including reasonable attorneys’ fees) of the Backup Servicer incurred in connection with the transferring the servicing obligations under this Agreement and amending this Agreement to reflect such transfer in an amount not to exceed $100,000.

  • Disposition Expenses means reasonable out-of-pocket expenses incurred by the Servicer in connection with the sale at auction or other disposition of a Leased Vehicle by the Servicer.

  • Distribution Fee means a percentage of MRP of each of the Subscribed Channels payable by SDSPL to the Licensee towards fee for distribution of each of the Subscribed Channels as more specifically specified in Annexure B and Annexure B-1 of this Agreement.

  • Litigation Expense means any court filing fee, court cost, arbitration fee, and each other fee and cost of investigating or defending an indemnified claim or asserting any claim for indemnification or defense under this Agreement, including Attorney’s Fees, other professionals’ fees, and disbursements. “Attorney’s Fees” include a charge for the service of in-house counsel at the market rate for independent counsel of similar experience.

  • Common Expenses means expenditures made by or financial liabilities of the association, together with any allocations to reserves.

  • Consolidated Depreciation and Amortization Expense means, with respect to any Person for any period, the total amount of depreciation and amortization expense, including the amortization of deferred financing fees or costs, capitalized expenditures, customer acquisition costs and incentive payments, conversion costs and contract acquisition costs, the amortization of original issue discount resulting from the issuance of Indebtedness at less than par and amortization of favorable or unfavorable lease assets or liabilities, of such Person and its Restricted Subsidiaries for such period on a consolidated basis and otherwise determined in accordance with GAAP.

  • Consolidated Amortization Expense means, for any period, the amortization expense of Borrower and its Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP.

  • Acquisition Expenses means any and all expenses, exclusive of Acquisition Fees, incurred by the Company, the Operating Partnership, the Advisor or any of their Affiliates in connection with the selection, evaluation, acquisition, origination, making or development of any Investments, whether or not acquired, including, without limitation, legal fees and expenses, travel and communications expenses, brokerage fees, costs of appraisals, nonrefundable option payments on property not acquired, accounting fees and expenses, title insurance premiums and the costs of performing due diligence.

  • Transaction Expenses means any fees or expenses incurred or paid by the Investors, Holdings, the Borrower or any of its (or their) Subsidiaries in connection with the Transactions (including expenses in connection with hedging transactions), this Agreement and the other Loan Documents and the transactions contemplated hereby and thereby.

  • Consolidated Depreciation Expense means, for any period, the depreciation expense of Borrower and its Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP.

  • Final Transaction Expenses has the meaning set forth in Section 3.2(b).

  • Program Expenses means all UHC’s expenses of administering the Program under the Indenture and the Act and shall include without limiting the generality of the foregoing; salaries, supplies, utilities, labor, materials, office rent, maintenance, furnishings, equipment, machinery and apparatus, including information processing equipment; software, insurance premiums, credit enhancement fees, legal, accounting, management, consulting and banking services and expenses; Fiduciary Expenses; remarketing fees; Costs of Issuance not paid from proceeds of Bonds; and payments to pension, retirement, health and hospitalization funds; and any other expenses required or permitted to be paid by UHC.

  • Common expense liability means the liability for common

  • Litigation Expenses means costs and expenses incurred in connection with commencing, prosecuting, and settling the Action (which may include the costs and expenses of Plaintiffs directly related to their representation of the Settlement Class), for which Lead Counsel intends to apply to the Court for reimbursement from the Settlement Fund.

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

  • Administration Expenses means all fees, disbursements, expenses, costs, taxes and any other amounts incurred or payable by the Plaintiffs, Class Counsel or otherwise for the approval, implementation and operation of this Settlement Agreement, including the costs of notices, but excluding Class Counsel Fees and Class Counsel Disbursements.

  • Estimated Transaction Expenses has the meaning set forth in Section 2.3(a).

  • Interest Expenses means, with respect to any Person for any period, the sum, determined on a consolidated basis in accordance with GAAP, of all interest accruing on the Indebtedness of such Person during such period (including interest attributable to Capital Leases).

  • REIT Expenses means (i) costs and expenses relating to the formation and continuity of existence and operation of the General Partner and any Subsidiaries thereof (which Subsidiaries shall, for purposes hereof, be included within the definition of General Partner), including taxes, fees and assessments associated therewith, any and all costs, expenses or fees payable to any director, officer, or employee of the General Partner, (ii) costs and expenses relating to any public offering and registration of securities by the General Partner and all statements, reports, fees and expenses incidental thereto, including, without limitation, underwriting discounts and selling commissions applicable to any such offering of securities, and any costs and expenses associated with any claims made by any holders of such securities or any underwriters or placement agents thereof, (iii) costs and expenses associated with any repurchase of any securities by the General Partner, (iv) costs and expenses associated with the preparation and filing of any periodic or other reports and communications by the General Partner under federal, state or local laws or regulations, including filings with the Commission, (v) costs and expenses associated with compliance by the General Partner with laws, rules and regulations promulgated by any regulatory body, including the Commission and any securities exchange, (vi) costs and expenses associated with any 401(k) plan, incentive plan, bonus plan or other plan providing for compensation for the employees of the General Partner, (vii) costs and expenses incurred by the General Partner relating to any issuing or redemption of Partnership Interests, and (viii) all other operating or administrative costs of the General Partner incurred in the ordinary course of its business on behalf of or in connection with the Partnership.