Maximum Compensation means, in respect of any Dealer Shareholder, the cumulative amount of asset-based, front end and deferred distribution fees payable hereunder for so long as the Client remains an investor in the Fund, not to exceed in the aggregate the product of 6.25% multiplied by the aggregate offering price of the Shares received by the Fund in respect of such investor, in accordance with FINRA Rule 2830.
Maximum Compensation means, in respect of any Dealer Shareholder, the cumulative amount of asset-based, front end and deferred distribution fees payable hereunder for so long as the Client remains an investor in the Fund, not to exceed in the aggregate the product of 6.25% multiplied by the aggregate offering price of the Shares received by the Fund in respect of such investor, in accordance with FINRA Rule 2341. Dealer represents that it is a broker-dealer registered with FINRA and subject to FINRA Rule 2030 (the “Rule”). Dealer represents that it has policies and procedures to ensure compliance with the Rule and is currently in compliance with the Rule. Moreover, Dealer represents that neither it nor any of its Covered Associates (i.e., any (i) general partner, managing member or executive officer of Dealer, as well as any person with a similar status or function, (ii) any associated person of Dealer who engages in distribution or solicitation activities with a government entity, (iii) any associated person of Dealer who supervises, directly or indirectly, the government entity distribution or solicitation activities of a person in (ii) above, and (iv) any political action committee controlled by Dealer or one of its Covered Associates) has made, directly or indirectly, any contributions that prohibit Dealer from engaging in solicitation activities for compensation under the Rule (a “Triggering Contribution”). Dealer hereby agrees that neither it nor its Covered Associates will make a Triggering Contribution or violate the Rule while engaged hereunder. If Dealer breaches this provision and becomes aware of a Triggering Contribution or a violation of the Rule, it shall promptly provide written notice to Distributor of the nature of the ban or violation.
Maximum Compensation means the maximum total compensation that would be paid to a director in a givenyear under the Bank’s policy on director compensation if that director attendedall meetings and fulfilled all duties assigned to or otherwise expected of him or her for that year.
Examples of Maximum Compensation in a sentence
In no case shall the amount paid by County under this Agreement exceed the Maximum Compensation without an approved change order.
The total of all such payments, for Services and Reimbursable Expenses, shall not exceed the Maximum Compensation.
City shall pay all undisputed invoice amounts within 30 calendar days after receipt up to the Maximum Compensation set forth in Section 3 of this Agreement.
It is understood and agreed that the Maximum Compensation Amount is a ‘not-to-exceed amount’ and is not a guaranteed payment.
It is understood and agreed that the Maximum Compensation Amount referenced hereinabove is a 'not-to-exceed amount' and is not a guaranteed payment.
More Definitions of Maximum Compensation
Maximum Compensation. $[INSERT GRAND TOTAL]** Interim payments paid to Contractor (if checked use Attachment C). If this box is not checked only one fee/ honorarium payment will be made under this Contract. *Unless boxes are checked reimbursements or expenses will not be paid under this Contract. † All expenses are subject to University’s Travel Policy, including the limitations of University’s published reimbursement rates found at the following web address: xxxx://xx.xxxxxxx.xxx/content/travel-reimbursement **Contract Maximum Compensation includes the sum of all fees and reimbursements paid to Contractor and all expenses paid by University on behalf of Contractor.
Maximum Compensation. The Services will be compensated on an hourly basis at the rates specified in Exhibit B. See Exhibit C. $ The Maximum Compensation includes the Compensation, Reimbursable Expenses and any consultant costs. In no event is Owner obligated to pay more than the Maximum Compensation.
Maximum Compensation as relates to any given Statement of Work entered into pursuant to this Agreement, means the maximum amount to which Client shall be liable to pay Jetty for services ren- dered and expenses under such Statement of Work. Operating Environment
Maximum Compensation is defined in Section 4.1.
Maximum Compensation means any earnings or compensation, however defined, taken into account for determining all benefits or contributions under the Pension System, as defined in Article III hereof.
Maximum Compensation has the meaning ascribed to it in Article 4 hereto;
Maximum Compensation means, in respect of any such investor, the cumulative amount of shareholder servicing fees payable hereunder for so long as the customer remains an investor in the Fund, plus the cumulative amount of any additional compensation payable to the Dealer pursuant to the Introducing Agent Agreement dated as of , 2006, between Dealer and Xxxxxx Xxxxxxx AIP GP LP for so long as the customer remains an investor in the Fund, not to exceed, in the case of any such applicable shareholder servicing fees applied to the investor as an indirect investor in Alternative Investment Partners Absolute Return Fund (the “Master Fund”), in the aggregate the product of 2.5% multiplied by the aggregate offering price of the shares of the Master Fund and, in the case of any such other additional compensation payable to the Dealer, in the aggregate the product of 3.5% multiplied by the aggregate offering price of the Shares, received by the Fund in respect of such investor. The Distributor agrees that it will monitor on an ongoing basis the payment of underwriting compensation set forth in the Prospectus by the Distributor, the Fund and their respective affiliates in connection with the distribution of Shares in the Fund and the rendering to investors in the Fund of ongoing investor and account maintenance services and will report thereon to the Dealer no less frequently than quarterly. As used herein, “underwriting compensation” means all amounts included as underwriting compensation under Rule 2710(c) of the NASD Conduct Rules other than any sales loads charged in connection with the sale of Shares.