Common use of Agreement to Pay Additional Expenses Clause in Contracts

Agreement to Pay Additional Expenses. (a) Prior to incurring any Ordinary Expense on behalf of the Trust that, together with all prior Ordinary Expenses incurred by the Administrator on behalf of the Trust and all Ordinary Expenses set forth on Schedule IV hereto which are anticipated but have not yet been incurred by the Administrator on behalf of the Trust, would cause the aggregate amount of Ordinary Expenses of the Trust to exceed the Up-front Expense Amount, the Administrator shall provide to Xxxxxxx Xxxxx and to each Contracting Stockholder (i) prompt written notice to the effect that the aggregate amount of Ordinary Expenses of the Trust will exceed the Up-front Expense Amount, and (ii) an accounting, in such detail as shall be reasonably acceptable to Xxxxxxx Xxxxx and the Contracting Stockholders, of all Ordinary Expenses incurred on behalf of the Trust through the date of the Additional Expense Notice.

Appears in 1 contract

Samples: Fund Expense Agreement (Snyder Strypes Trust)

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Agreement to Pay Additional Expenses. (a) Prior to incurring any Ordinary Expense on behalf of the Trust that, together with all prior Ordinary Expenses incurred by the Administrator on behalf of the Trust and all Ordinary Expenses set forth on Schedule IV hereto which are anticipated but have not yet been incurred by the Administrator on behalf of the Trust, would cause the aggregate amount of Ordinary Expenses of the Trust to exceed the Up-front Expense Amount, the Administrator shall provide to Xxxxxxx Xxxxx and to each Contracting Stockholder AMP (i) prompt written notice to the effect that the aggregate amount of Ordinary Expenses of the Trust will exceed the Up-front Expense Amount, and (ii) an accounting, in such detail as shall be reasonably acceptable to Xxxxxxx Xxxxx and the Contracting StockholdersAMP, of all Ordinary Expenses incurred on behalf of the Trust through the date of the Additional Expense Notice.

Appears in 1 contract

Samples: Fund Expense Agreement (WBK Strypes Trust)

Agreement to Pay Additional Expenses. (a) Prior to incurring any Ordinary Expense on behalf of the Trust that, together with all prior Ordinary Expenses incurred by the Administrator on behalf of the Trust and all Ordinary Expenses set forth on Schedule IV hereto which are anticipated but have not yet been incurred by the Administrator on behalf of the Trust, would cause the aggregate amount of Ordinary Expenses of the Trust to exceed the Up-front Expense Amount, the Administrator shall provide to Xxxxxxx Xxxxx and to each the Contracting Stockholder (i) prompt written notice to the effect that the aggregate amount of Ordinary Expenses of the Trust will exceed the Up-front Expense Amount, and (ii) an accounting, in such detail as shall be reasonably acceptable to Xxxxxxx Xxxxx and the Contracting StockholdersStockholder, of all Ordinary Expenses incurred on behalf of the Trust through the date of the Additional Expense Notice.

Appears in 1 contract

Samples: Fund Expense Agreement (Xyz Strypes Trust)

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Agreement to Pay Additional Expenses. (a) Prior to incurring any Ordinary Expense on behalf of the Trust that, together with all prior Ordinary Expenses incurred by the Administrator on behalf of the Trust and all Ordinary Expenses set forth on Schedule IV hereto which are anticipated but have not yet been incurred by the Administrator on behalf of the Trust, would cause the aggregate amount of Ordinary Expenses of the Trust to exceed the Up-front Expense Amount, the Administrator shall provide to Xxxxxxx Xxxxx and Merrxxx Xxxcx xxx to each the Contracting Stockholder (i) prompt written notice to the effect that the aggregate amount of Ordinary Expenses of the Trust will exceed the Up-front Expense Amount, and (ii) an accounting, in such detail as shall be reasonably acceptable to Xxxxxxx Xxxxx and Merrxxx Xxxcx xxx the Contracting StockholdersStockholder, of all Ordinary Expenses incurred on behalf of the Trust through the date of the Additional Expense Notice.

Appears in 1 contract

Samples: Fund Expense Agreement (Dollar General Strypes Trust)

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