COMMON ITEMS. Except as otherwise determined by the Directors, all expenses and other items of the Company shall be borne by or allocated to each Holder proportionately based upon the relative net asset values of each Holder. Such common items shall include, but not be limited to, Directors' fees; 1940 Act registration expenses; organizational expenses of the Trust; and accounting expenses relating to the Trust.
Appears in 5 contracts
Samples: Limited Liability Company Agreement (Master Government Securities LLC), Limited Liability Company Agreement (Master Money LLC), Limited Liability Company Agreement (Master Value Opportunities LLC)
COMMON ITEMS. Except as otherwise determined by the Directors, all All expenses and other items of the Company shall be borne by or allocated to each Holder proportionately based upon the relative net asset values of the Book Capital Account of each Holder. Such common items shall include, but not be limited to, Directors' Director's fees; 1940 Act registration expenses; organizational expenses of the TrustCompany; and accounting expenses relating to the TrustCompany.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Master Senior Floating Rate LLC)
COMMON ITEMS. Except as otherwise determined by the Directors, all All expenses and other items of the Company shall be borne by or allocated to each Holder proportionately based upon the relative net asset values of each Holder. Such common items shall include, but not be limited to, Directors' fees; 1940 Act registration expenses; organizational expenses of the Trust; and accounting expenses relating to the Trust.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Master Focus Growth LLC)
COMMON ITEMS. Except as otherwise determined by the Directors, all expenses and other items of the Company shall be borne by or allocated to each Holder proportionately based upon the relative net asset values of each Holder. Such common items shall include, but not be limited to, Directors' ’ fees; 1940 Act registration expenses; organizational expenses of the Trust; and accounting expenses relating to the Trust.
Appears in 1 contract
Samples: Limited Liability Company Agreement (Master Value Opportunities LLC)