Common use of Compensation to Manager Clause in Contracts

Compensation to Manager. For the services to be rendered and the charges and expenses to be assumed and paid by the Manager hereunder, the Fund shall pay to the Manager a quarterly fee of one-eighth (1/8) of one percent (1%) of the average net asset value of the Fund as determined as of the close of each month of the quarterly period.

Appears in 3 contracts

Sources: Investment Management Agreement (Bridges Investment Fund Inc), Investment Management Agreement (Bridges Investment Fund Inc), Investment Advisory Agreement (Bridges Investment Fund Inc)