Program Management Fee definition
Examples of Program Management Fee in a sentence
Any requests for services that will increase the Program Management Fee will be discussed prior to implementation of the request.
In consideration of Client’s Program Management services under this Agreement, Bank shall pay Client a Program Management Fee for the provision of its services as set forth in an Exhibit A or any mutually agreed upon Program or services Addendum.
You acknowledge and agree that, with the exception of the Checking Investment Option, each Investment Option is subject to a Program Management Fee as set forth in the Program Disclosure Statement.
Investment Option Program Management Fee1 Estimated Underlying Mutual Fund Expense2 Total Annual Asset- Based Fees3 Growth 0.50% 0.04% 0.54% Moderate 0.50% 0.04% 0.54% Conservative 0.50% 0.05% 0.55% Bank Savings 0.50% NONE 0.50% Checking NONE NONE NONE 1 Each Investment Option except the Checking Investment Option pays the Program Manager an annualized Program Management Fee equal to the stated percentage of the average daily net assets held by that Investment Option.
The Program Management Fee shall be in consideration for all direct, indirect and out of pocket costs and expenses incurred by Program Manager to provide the services as set forth herein and shall be paid no later than the fifteenth day following the end of each calendar month.
The Program Management Fee due in any given month shall be invoiced and shall be payable within thirty (30) days of receipt thereof by MCIS.
The Fixed SMCCF Program Management Fee for a calendar quarter will be equal to (i) the applicable fee for the calendar quarter as set forth in the paragraph below multiplied by (ii) the quotient of (A) the number of calendar days in the invoice period divided by (B) the number of calendar days in the calendar quarter.
PLAN FEES AND EXPENSES 72 General 72 Portfolio Expenses 72 Important Notices 72 Program Management Fee 72 Maintenance Fees 73 Example of Investment Costs 75 Transaction Fees 76 Float Income 77 IX.
Fees payable by the Company to the Manager under this Agreement will be calculated and paid each calendar quarter in arrears as the aggregate of the SMCCF Program Management Fee, the SMCCF Asset Management Fee, and the SMCCF Cash Management Fee, each as described below.
Through no later than 12/31/2017 Continued participation in US employer-paid basic short-term disability plan for the benefit of eligible property-level employees HGV & PK Monthly cost $42,000 (HGV)/ $1,400 (PK) Through no later than 12/31/2017 Continued participation in US long-term disability plan HGV & PK Cost included as part of the monthly U.S. H&W Program Management Fee.