Common use of Compensation of the Local Manager Clause in Contracts

Compensation of the Local Manager. For the services rendered, the facilities furnished and expenses assumed by the Local Manager, Morgan Stanley Investment Advisors shall pay to the Local Manager a xxx xn xx xxxunt to be determined from time to time by Morgan Stanley Investment Advisors and the Local Manager but in no xxxxx ix xxxxxs of the amount that Morgan Stanley Investment Advisors actually received for providing xxxxxxex xx xxe Fund pursuant to the Advisory Agreement.

Appears in 1 contract

Samples: Sub Advisory Agreement (Morgan Stanley International Value Equity Fund)

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