Fund Management Fee means the amount of money used for the management of the Universal Life Fund.
Fund Management Fee means a set fee paid to a firm engaged by the Fund and its Investors to manage the day-to-day operations of the Fund, the amount of such fee being exclusive of Fund Expenses.
Examples of Fund Management Fee in a sentence
The difference in the amount of the management fees will be paid out by the Fund to the applicable investors as a distribution of additional units of the Fund (Management Fee Distributions).
A Discretionary Fund Management Fee applies to selected Investment Options.
The difference in the amount of the management fees will be paid out by the Fund to the applicable investors as a distribution of additional units of the Fund (Management Fee Distributions).Management Fee Distributions are negotiable between the Manager and the investor and are dependent primarily on the size of the investor’s investment in the Fund.
The OCF is made up of the Fund Management Fee and, where a fund invests a substantial portion of its assets in other funds, an amount for the pro-rated charges of those other funds (referred to as “synthetic charges” or the “synthetic” part of the ongoing charge).
The Fund disburses a portion of the fund management fee under title Trailer Fee for Sales Activity, but as an aggregate, it does not increase the amount of the Fund Management Fee.
More Definitions of Fund Management Fee
Fund Management Fee means, for services provided by the Manager related to managing and administering the Company, in each Financial Year, a fee being the greater of an amount equivalent to the percentage of the aggregate Capital Value of the Properties (as set out in the table below) calculated and payable on the last day of each calendar month plus GST and the Minimum Fund Management Fee; Financial Year Commencing Fee 1 April 2019 0.25% 1 April 2020 0.30% 1 April 2021 0.35% 1 April 2022 0.40% 1 April 2023 and beyond 0.45%
Fund Management Fee is defined in Section 8.8(a).
Fund Management Fee means the fee payable to SB Partners Real Estate Corporation, formerly known as Sxxxx, Xxxxxx Real Estate Corporation, (the "Manager"), Borrower’s investment manager, pursuant to that certain agreement dated as of December 4, 1970 by and between SB Partners and the Manager (the "Management Agreement"). Borrower represents that pursuant to the Management Agreement the Fund Management Fee is equal to (x) 2% of the sum of the average daily Aggregate Capital Investment Account and the average daily Amortization Account of Borrower and (y) ½ of 1% of the average daily Capital Cash Account of Borrower, as such capitalized terms are defined in the Management Agreement. As of the Effective Date, the annual Fund Management Fee is $852,483, provided, however, so long as the Loan shall be outstanding such Fund Management Fee shall not exceed 50% of the lesser of (a) the Fund Management Fee as so calculated or (b) $852,483, during any 12 month period commencing on the Effective Date (the "Management Fee Cap"). The annual Fund Management Fee shall not be changed except with the consent of Lender, which consent Lender may withhold in its sole discretion.
Fund Management Fee means the fee payable by the Fund to the Fund Management Company providing management services to the Fund as prescribed in the Prospectus."Fund Representative Board"means the body of the Fund composed of those who represent Investors and are elected by the General Meeting of Investors to supervise, on behalf of Investors, the operations of the Fund, the Fund Management Company and the Supervisory Bank."Fund Units"means equal units in the capital of the Fund. The par value of a Fund Unit at the time of the IPO shall be VND10,000. Each Fund Unit represents an equal share in the Fund’s capital, assets and right to profits."Fund"means Eastspring Investments Vietnam Navigator Fund (ENF), an open- ended fund offering fund certificates to the public and established under securities regulation and the Charter."General Meeting of Investors"means the general meeting of Investors having voting rights, which is organized in a regular or extraordinary manner to approve important matters with respect to the Fund. The General Meeting of Investors is the highest authority of the Fund."Internal Valuation Board"includes senior officers of the Fund Management Company elected to supervise price assessment with respect to assets and price assessment policies."Investors"mean domestic and foreign individuals or organizations holding one or more Fund Certificates."Issue Price"means the price payable by Investors to buy a Fund Unit. The Issue Price shall be equal to either VND10,000 in the IPO of the Fund Certificates and thereafter the NAV per Fund Unit, plus any applicable Subscription Fee as specified in the Prospectus."Net Asset Value (NAV)"means the net asset value of the Fund, being the total value of the assets and investments held by the Fund less its liabilities at a given Valuation Date."Omnibus Agents” (registeredname agents)mean Distribution Agents which open omnibus accounts in its name and conduct transactions of fund certificates on behalf of Investors in the sub- account.
Fund Management Fee means the fee due by a Fund to the Fund Manager as remuneration for its management of that Fund as set forth in Section 8.2;
Fund Management Fee means in relation to the ARC Fund, the management fee calculated in terms of the Partnership Agreement and paid or payable to the General Partner;
Fund Management Fee means the competitive, annual, management fee charged, in line with market practice, by Maxis, as the Fund Manager, to cover the expenditures incurred by the TGF associated with standard operating costs of the TGF, including for the TGF establishment, pipeline generation, due diligence activities, investment management and the exercise of investment exit options; the fee structure for said fees shall have been determined by the Bank to be acceptable for the purpose of the Project; “Fund Management Fees” means collectively such fees.