Common use of Main responsibilities of the FMO Clause in Contracts

Main responsibilities of the FMO. 1. The FMO shall pay the management fee to the Fund Operator’s account in instalments as follows: a) Unless otherwise agreed and specified in Annex I to this Agreement, an advance payment of 10% of the management fee fourteen days after the last signature of this Agreement; b) In accordance with the interim financial reports referred to in Article 8.2, at the payment days referred to in Article 8.2.3, unless the report has not been approved;

Main responsibilities of the FMO. ‌ 1. The FMO shall pay the management fee to the Fund Operator’s account in instalments as follows: a) Unless otherwise agreed and specified in Annex I to this Agreement, an advance payment of 10% of the management fee fourteen days after the last signature of this Agreement; b) In accordance with the interim financial reports referred to in Article 8.2, at the payment days referred to in Article 8.2.3, unless the report has not been approved;

Main responsibilities of the FMO. 1. The FMO shall pay the management fee to the Fund Operator’s account in instalments as follows: a) Unless otherwise agreed and specified in Annex I to this Agreement, an advance payment of 10% of the management fee fourteen days after the last signature of this Agreement; b) In accordance with the interim financial reports referred to in Article 8.27.2, at the payment days referred to in Article 8.2.37.2.3, unless the report has not been approved;