Administrator Expenses Sample Clauses

Administrator Expenses. The Administrator shall be required to pay all expenses incurred by it in connection with its activities hereunder, including fees and disbursements of independent accountants, taxes imposed on the Administrator and expenses incurred in connection with distributions and reports to the Noteholders and any Swap Counterparties.

Administrator Expenses. The Administrator or its affiliates will bear all fees, costs, and expenses incurred that are not assumed by the Fund under Section 4(c) of this Agreement. For the avoidance of doubt, the costs, fees and expenses borne by the Administrator or its affiliates include but are not limited to the following: (i) fees, costs and expenses of the Administrative Services; (ii) fees, costs and expenses of technology and technology development including, but not limited to, computer systems and applications, web servicing, and website development and maintenance; (iii) costs and expense of all in-house administrative professional staff provided by the Administrator or its affiliates, including internal legal, compliance, tax, finance, accounting, audit, technology, or other services and professionals related thereto, as deemed appropriate by the Administrator, and the base compensation, bonus and benefits, and the routine overhead expenses, of such personnel; and (iv) costs and expenses of in-house registered representatives provided by the managing dealer or its affiliates, as deemed appropriate by the Administrator, including base compensation, bonus, and benefits and routine overhead expenses, due diligence expense, and training and promotional expenses.

Administrator Expenses. During the term of this Agreement, the Administrator shall pay all expenses incurred by it, its staff and their activities, in connection with its provision of the services to be performed by it under this Agreement, including the costs relating to maintaining such staff and employing or retaining such personnel and consulting with such other persons (including its affiliates) as may be necessary to provide the services to be provided hereunder.

Administrator Expenses. In addition, the Administrator or its affiliates shall bear the following expenses under this Agreement with respect to the Fund: i. Expenses of all audits by the Fund’s independent public accountants; ii. Expenses of the Fund’s sub-administrator, transfer agent, registrar, dividend disbursing agent, and recordkeeping agent; iii. Expenses and fees paid to agents and intermediaries for sub-transfer agency, sub-accounting and other shareholder services on behalf of shareholders of shares of the Fund (or shares of a particular share class) held through omnibus and networked, record shareholder accounts (together, “Sub-Transfer Agency Expenses”), except where Sub-Transfer Agency Expenses are paid pursuant to a Rule 12b-1 or similar plan adopted by the Trustees for a particular share class, in which case such Sub-Transfer Agency Expenses shall be paid by the Fund and share class. iv. Expenses of the Fund’s custodial services, including any recordkeeping services provided by the custodian; v. Expenses of obtaining quotations for calculating the value of the Fund’s net assets; vi. Expenses of maintaining the Fund’s tax records; vii. Expenses and fees, including external legal fees, incident to meetings of the Fund’s shareholders (except as provided in (b) below); the preparation, printing and distribution of the Fund’s prospectuses, notices and proxy statements (except as provided in (b) below), press releases and reports to existing shareholders; the preparation and filing of registration statements and updates thereto (except as provided in (b) below) and reports with regulatory bodies; the maintenance of the Fund’s existence and qualification to do business; expenses (including share registration fees) of issuing, redeeming and repurchasing (including expenses associated with the Fund’s share repurchases pursuant to Rule 23c-3 under the 1940 Act), registering and qualifying for sale, shares with federal and state securities authorities following the initial registration of its shares under the Securities Act of 1933 (i.e., that are not organizational and offering expenses of the Fund specified in (b)(xii) below) and following any registration of a new class of shares of the Fund subsequent to its initial registration; and the expense of qualifying and listing existing shares with any securities exchange or other trading system, if any; viii. The Fund’s ordinary legal fees, including the legal fees that arise in the ordinary course of business for a Massachuset...

Administrator Expenses. All costs, charges and expenses reasonably incurred by the Administrator will be paid by the Company to the extent not paid from the assets of the Trust. No compensation will be paid to a member of the Administrator as such.

Administrator Expenses. PA will pay all of its expenses incurred in ---------------------- the performance of this Agreement or otherwise incident to the Program, including, without limitation, commissions to Licensed Producers, travel expense, employee and clerical salaries, benefits and expense, fees, counter-signature fees and expense, postage, advertising, marketing, printing and license fees. AHI shall be responsible only for its own costs and expenses unless otherwise agreed in writing by AHI.

Administrator Expenses. The Administrator or its affiliates will bear all fees, costs, and expenses incurred that are not assumed by the Fund under Section 4(c) of this Agreement. For the avoidance of doubt, the costs, fees and expenses borne by the Administrator or its affiliates include but are not limited to the following: (i) fees, costs and expenses of the Administrative Services; (ii) fees, costs and expenses of technology and technology development including, but not limited to, computer systems and applications, web servicing, and website development and maintenance; and (iii) costs and expense of all in-house administrative professional staff provided by the Administrator or its affiliates, including internal legal, compliance, tax, finance, accounting, audit, technology, or other services and professionals related thereto, as deemed appropriate by the Administrator, and the base compensation, bonus and benefits, and the routine overhead expenses, of such personnel.

Administrator Expenses. The Administrator shall be required to pay all and customary ordinary out-of-pocket expenses incurred by it in connection with its activities hereunder, including expenses incurred in connection with distributions and reports to the Noteholders. Any other amounts representing expenses incurred by the Administrator in connection with its activities hereunder shall be reimbursed to the Administrator by the Servicer at the Administrator's request.

Administrator Expenses. The Fund assumes and shall pay or cause to be paid all expenses of the Fund not otherwise allocated in this Agreement, including, without limitation, organizational costs, taxes, expenses for legal and auditing services, the expenses of preparing (including typesetting), printing and mailing reports, prospectuses, statements of additional information, proxy solicitation and repurchase offer materials and notices to existing Members, all expenses incurred in connection with issuing and purchasing Interests, the costs of pricing services, the costs of custodial services, fees and out-of-pocket expenses of Managers who are not affiliated persons of the Administrator or any affiliate of the Administrator, the costs of meetings of the Board of Managers, insurance, interest, brokerage costs, litigation and other extraordinary or nonrecurring expenses, and all fees and charges of service providers to the Fund. The Fund shall reimburse the Administrator for its reasonable out-of-pocket expenses, including all reasonable charges for SAS 70 audit charges, and reasonable copying, postage, telephone, and fax charges incurred by the Administrator in the performance of its duties.