Allocation of Recoupments. The Investment Manager shall promptly remit to the Sub-Adviser 50% of any amount recouped by the Investment Manager from a sub-advised Fund pursuant to Section 2 of this Agreement, provided that the Investment Manager shall not remit amounts recouped to the Sub-Adviser until the Investment Manager has recouped the 0.05% of such sub-advised Fund's average daily net assets paid under Section 3.1 above.
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Samples: Expense Limitation Agreement (Pilgrim Equity Trust), Expense Limitation Agreement (Pilgrim Equity Trust)
Allocation of Recoupments. The Investment Manager shall promptly remit to the Sub-Adviser 5045% of any amount recouped by the Investment Manager from a subany Sub-advised Advised Fund pursuant to Section 2 of this Agreement, provided that the Investment Manager shall not remit amounts recouped to the Sub-Adviser until the Investment Manager has recouped the 0.05% of such sub-advised Fund's average daily net assets paid under Section 3.1 above.
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Samples: Expense Limitation Agreement (Ing Variable Insurance Trust)
Allocation of Recoupments. The Investment Manager shall promptly remit to the Sub-Adviser 50% of any amount recouped by the Investment Manager from a subany Sub-advised Advised Fund pursuant to Section 2 of this Agreement, provided that the Investment Manager shall not remit amounts recouped to the Sub-Adviser until the Investment Manager has recouped the 0.05% of such sub-advised Fund's average daily net assets paid under Section 3.1 above.
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Allocation of Recoupments. The Investment Manager shall promptly remit to the Sub-Adviser 50% of any amount recouped by the Investment Manager from a subthe Sub-advised Advised Fund pursuant to Section 2 of this Agreement, provided that the Investment Manager shall not remit amounts recouped to the Sub-Adviser until the Investment Manager has recouped the 0.05% of such subthe Sub-advised Advised Fund's average daily net assets paid under Section 3.1 above.
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Samples: Expense Limitation Agreement (Pilgrim Equity Trust)
Allocation of Recoupments. The Investment Manager shall promptly remit to the Sub-Adviser 50% of any amount recouped by the Investment Manager from a subany Sub-advised Advised Fund pursuant to Section 2 of this Agreement, provided that the Investment Manager shall not remit amounts recouped to the Sub-Adviser until the Investment Manager has recouped the 0.05% of such subSub-advised Advised Fund's average daily net assets paid under Section 3.1 above.
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