Advisory Expense Waiver Sample Clauses
An Advisory Expense Waiver clause allows an investment adviser or fund manager to voluntarily reduce or waive certain fees or expenses that would otherwise be charged to a fund or its investors. In practice, this means the adviser may agree to absorb a portion of management fees or operating costs, either temporarily or for a specified period, to help lower the fund’s overall expenses. The core function of this clause is to make the investment more attractive to investors by reducing their costs, often to meet competitive benchmarks or regulatory requirements.
Advisory Expense Waiver. The Adviser has agreed to waive a portion of the advisory fee payable to the Adviser under the Investment Management Agreement, dated as of April 30, 2007 ("Investment Management Agreement"), between the Fund and the Adviser, as set forth in the attached Schedule A.
Advisory Expense Waiver. LIA agrees to waive a portion of its advisory fee payable under the Investment Management Agreement between each Fund and LIA until the date specified in Schedule A. The Waiver Amounts and breakpoints, if any, also are set forth in the attached Schedule A.
Advisory Expense Waiver. To the extent that the administration expense fee under the Service Agreement dated November 1, 2002, as amended April 1, 2003, is 0.35%, the Adviser has agreed to waive 10 basis points of the investment advisory fee payable to the Adviser under the Investment Advisory Contract dated April 1, 2001 between the Adviser and the Fund.