Compensation Escrow and Interest Sample Clauses

Compensation Escrow and Interest. Notwithstanding Section 3.1 hereof, all compensation otherwise due the Advisor hereunder shall be held in an escrow account with the Fund’s custodian bearing interest [at the prevailing overnight rate]. If a majority of the Fund’s outstanding voting securities approve the Agreements by the end of the one hundred fifty (150) day term of this Interim Agreement under Section 11 hereof, the amount in the escrow account (including the interest earned) shall be paid to the Advisor. If a majority of the Fund’s outstanding voting securities do not approve the Agreements, the Advisor shall be paid, out of the escrow account, the lesser of (i) any costs incurred by the Advisor in performing this Interim Agreement (plus interest earned on that amount while in escrow); or (ii) the total amount in the escrow account (plus interest earned).