Common use of Board Approval of an Increase in a Capped Operating Expense Ratio Clause in Contracts

Board Approval of an Increase in a Capped Operating Expense Ratio. If the Board approves an increase in the listed Capped Operating Expense Ratio of a Fund or class, Funds Management’s Commitment to maintain the higher Capped Operating Expenses Ratio will be governed by the renewal and non-renewal provisions of Subsection 3(b).

Appears in 17 contracts

Samples: Fee and Expense Agreement (Allspring Master Trust), Fee and Expense Agreement (Allspring Funds Trust), Fee and Expense Agreement (Allspring Funds Trust)

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Board Approval of an Increase in a Capped Operating Expense Ratio. If the Board approves an increase in the listed Capped Operating Expense Ratio of a Fund or classFund, Funds Management’s Commitment to maintain the higher Capped Operating Expenses Ratio will be governed by the renewal and non-renewal provisions of Subsection 3(b2(b).

Appears in 4 contracts

Samples: Fee and Expense Agreement (Allspring Variable Trust), Fee and Expense Agreement (Allspring Variable Trust), Fee and Expense Agreement (Allspring VARIABLE TRUST)

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