Aggregate Annual Capital Expenditure Adjustments. A. Aggregate Annual Capital Expenditure Adjustments for all Properties on Statement Date:
Maximum Annual Operating Expense Limit The Maximum Annual Operating Expense Limit with respect to each Fund shall be the amount specified in Schedule A based on a percentage of the average daily net assets of each Fund.
Capital Expenditures The Issuer shall not make any expenditure (by long-term or operating lease or otherwise) for capital assets (either realty or personalty).