Reduction of Fee Sample Clauses
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Reduction of Fee. If in any fiscal year the aggregate expenses of the Fund (including fees pursuant to the Management Agreement and any other investment advisory or administration agreement, but excluding interest, taxes, brokerage and extraordinary expenses) exceed the expense limitation of any state having jurisdiction over the Fund, the Subadviser shall reduce its fee by the proportion of such excess expense equal to the proportion that its fee hereunder bears to the aggregate of fees paid by the Fund for management services in that year, to the extent required by state law. A fee reduction pursuant to this paragraph 7, if any, shall be estimated, reconciled and paid on a monthly basis. The Manager confirms that, as of the date of this Agreement, no such expense limitation is applicable to the Fund.
Reduction of Fee. If in any fiscal year the aggregate expenses of the Portfolio (including fees pursuant to this Agreement and the Portfolio's administration agreements, if any, but excluding interest, taxes, brokerage and extraordinary expenses) exceed the expense limitation of any state having jurisdiction over the Portfolio, the Manager shall reduce its fee to the Portfolio by the proportion of such excess expense equal to the proportion that its fee hereunder bears to the aggregate of fees paid by the Portfolio for investment management, advice and administration in that year, to the extent required by state law. A fee reduction pursuant to this paragraph 8, if any, shall be estimated, reconciled and paid on a monthly basis. The Company confirms that, as of the date of this Agreement, no such expense limitation is applicable to the Portfolio.
Reduction of Fee. If in any fiscal year the aggregate expenses of the Fund (including fees pursuant to this Agreement and the Fund's investment advisory agreement, but excluding interest, taxes, brokerage and extraordinary expenses) exceed the expense limitations of any state having jurisdiction over the Fund, the Sub- Adviser will reduce its fee by the proportion of such excess expense equal to the proportion that its fee thereunder bears to the aggregate of fees paid by the Fund for investment advice and administration in that year, to the extent required by state law. A fee reduction pursuant to this paragraph 8, if any, will be estimated, reconciled and paid on a monthly basis.
Reduction of Fee. If the annual uptime of Hosted Services in a full calendar year is less than 99.5% but greater than 98.0%, Client will receive credit of 10% of what has been paid for Hosting Services in that calendar year. If the annual uptime of Hosted Services in a full calendar year is less than 98%, Client will receive credit of 20% of what has been paid for Hosting Services in that calendar year.
Reduction of Fee. If in any fiscal year of the Fund, the aggregate expenses of the Fund (including fees pursuant to this Agreement, but excluding interest, taxes, brokerage fees and, if permitted by the relevant state securities commissions, extraordinary expenses or other expenses) exceed the expense limitation of any state having jurisdiction over the Fund, the Advisor will reduce its fee to the Fund for that excess expense, to the extent required by state law. A fee reduction pursuant to this paragraph 7, if any, will be estimated, reconciled and paid on a monthly basis.
Reduction of Fee. If in any fiscal year the aggregate expenses of the Company (including fees pursuant to this Agreement and the Company's administration agreements, but excluding interest, taxes, brokerage and extraordinary expenses) exceed the expense limitation of any state having jurisdiction over the Company, the Adviser will reduce its fee to the Company by the proportion of such excess expense equal to the proportion that its fee thereunder bears to the aggregate of fees paid by the Company for investment advice and administration in that year, to the extent required by state law. A fee reduction pursuant to this paragraph 8, if any, will be estimated, reconciled and paid on a monthly basis.
Reduction of Fee. If in any fiscal year of a Fund, the aggregate expenses of the Fund (including fees pursuant to this Agreement and the Company's investment advisory agreement relating to the Fund, but excluding interest, taxes, brokerage fees, and, if permitted by the relevant state securities commissions, extraordinary expenses or other expenses) exceed the expense limitations of any state having jurisdiction over the Fund, Boston Advisors will reduce its fee to the Fund for that excess expense, to the extent required by state law in the same proportion as its administration fee bears to the Fund's aggregate fees for investment advice and administration. A fee reduction pursuant to this paragraph 5, if any, will be estimated, reconciled and paid on a monthly basis.
Reduction of Fee. Eligible to a fee reduction according to §4 III of the schedule of fees are: - school children up to 18 years, - university students up to 27 years, - trainees, - volunteers (BFD,FSJ), - beneficiary of benefits according to SGB II, III, XII, - upon special request. A retrospective fee reduction cannot be requested. These rules apply basically to all activities except educational trips/field excursions, cost of supplies, meals, travel fares and accommodation, weekend seminars and courses in which no reduction is granted.