Common use of Borrowing by Service Company Clause in Contracts

Borrowing by Service Company. The Funds agree that Service Company may borrow money, and may issue a note or other security in connection with such borrowing, as long as such borrowing, is in connection with the discharge of Service Company’s responsibilities hereunder and is undertaken in accord with procedures approved by the Service Company’s Board of Directors. 1 Services and Expenses. Each Fund shall, at its own expense, obtain from Service Company or an outside vendor (as that Fund’s Board of Trustees shall determine): A Services of an independent public accountant. B Services of outside legal counsel. C Transfer agency services, including “shareholder services.” D Custodian, registrar and dividend disbursing services. E Brokerage fees, commissions and transfer taxes in connection with the purchase and sale of securities for its investment portfolio. F Investment advisory services. G Taxes and other fees applicable to its operations. H Costs incident to its annual or special meetings of shareholders, including but not limited to legal and accounting fees, and the preparations, printing and mailing of proxy materials. I Trustees’ fees. J Costs incurred in the continued maintenance of its corporate existence, including reports to shareholders and government agencies, and the expenses, if any, attributable to the registration of the Fund’s shares with Federal and state regulatory authorities. K And, in general and except as provided in Section 3.2(B), any other costs directly attributable to and identified with a particular Fund or Funds rather than all Funds which are parties to this Agreement.