Allocation of Recoupments. The Investment Manager shall promptly remit to the Sub-Adviser fifty percent (50%) of any amount recouped by the Investment Manager from any Sub-Advised Fund pursuant to Section 2 of this Agreement.
Appears in 3 contracts
Samples: Expense Limitation Agreement (Pilgrim Natural Resources Trust), Expense Limitation Agreement (Lexington Small Cap Asia Growth Fund Inc), Expense Limitation Agreement (Lexington Troika Dialog Russia Fund Inc)
Allocation of Recoupments. The Investment Manager shall promptly remit to the Sub-Adviser fifty percent (Portfolio Manager 50%) % of any amount recouped by the Investment Manager from any Sub-Advised Fund pursuant to Section 2 of this Agreement.
Appears in 3 contracts
Samples: Expense Limitation Agreement (Ing Mutual Funds), Expense Limitation Agreement (Pilgrim Mutual Funds), Expense Limitation Agreement (Nicholas Applegate Mutual Funds)
