Computation. If the fiscal year-to-date Total Fund Operating Expenses of a Fund or Other Expenses, as applicable, at the end of any month during which this Agreement is in effect exceed the Expense Limit for that Fund (the “Excess Amount”), the Adviser shall (at its option) waive or reduce its fee under the Advisory Agreement and/or remit to that Fund (or cause another Virtus entity to waive or reduce its fee under another agreement and/or remit to that Fund) an amount that is sufficient to pay the Excess Amount computed on the last day of the month.
Appears in 38 contracts
Samples: Expense Limitation Agreement (Virtus Opportunities Trust), Expense Limitation Agreement (Virtus Opportunities Trust), Expense Limitation Agreement (Virtus Asset Trust)
Computation. If the fiscal year-to-date Total Fund Operating Expenses of a Fund or Other Expenses, as applicable, at the end of any month during which this Agreement is in effect exceed the Expense Limit for that Fund (the “Excess Amount”), the Adviser shall (at its option) waive or reduce its fee under the Advisory Agreement and/or remit to that Fund (or cause another Virtus entity to waive or reduce its fee under another agreement and/or remit to that Fund) an amount that is sufficient to pay the Excess Amount computed on the last day of the month.
Appears in 35 contracts
Samples: Expense Limitation Agreement (Virtus Equity Trust), Expense Limitation Agreement (Virtus Opportunities Trust), Expense Limitation Agreement (Virtus Opportunities Trust)
Computation. If the fiscal year-to-date Total Fund Operating Expenses of a Fund or Other Expenses, as applicable, at the end of any month during which this Agreement is in effect exceed the Expense Limit for that Fund (the “Excess Amount”), the Adviser shall (at its option) waive or reduce its fee under the Advisory Agreement and/or remit to that Fund (or cause another Virtus entity to waive or reduce its fee under another agreement and/or remit to that Fund) an amount that is sufficient to pay the Excess Amount computed on the last day of the month.
Appears in 32 contracts
Samples: Expense Limitation Agreement (Virtus Alternative Solutions Trust), Expense Limitation Agreement (Virtus Variable Insurance Trust), Expense Limitation Agreement (Virtus Alternative Solutions Trust)
Computation. If the fiscal year-to-date Total Fund Operating Expenses of a Fund or Other Expenses, as applicable, at the end of any month during which this Agreement is in effect exceed the Expense Limit for that Fund (the “Excess Amount”), the Adviser shall (at its option) waive or reduce its fee under the Advisory Agreement and/or remit to that Fund (or cause another Virtus entity to waive or reduce its fee under another agreement and/or remit to that Fund) an amount that is sufficient to pay the Excess Amount computed on the last day of the month.
Appears in 13 contracts
Samples: Expense Limitation Agreement (Virtus Variable Insurance Trust), Expense Limitation Agreement (Virtus Alternative Solutions Trust), Expense Limitation Agreement (Virtus Alternative Solutions Trust)
Computation. If the fiscal year-to-year to date Total Fund Operating Expenses of a Fund or Other Expenses, as applicable, at the end of any month during which this Agreement is in effect exceed the Expense Limit for that Fund (the “"Excess Amount”"), the Adviser shall (at its option) waive or reduce its fee under the Advisory Agreement and/or or remit to that Fund (or cause another Virtus entity to waive or reduce its fee under another agreement and/or remit to that Fund) an amount that is sufficient to pay the Excess Amount computed on the last day of the month.
Appears in 10 contracts
Samples: Limitation Agreement (Phoenix Insight Funds Trust), Expense Limitation Agreement (Phoenix Multi Portfolio Fund), Expense Limitation Agreement (Phoenix Strategic Equity Series Fund)
Computation. If the fiscal year-to-year to date Total Fund Operating Expenses of a Fund or Other Expenses, as applicable, at the end of any month during which this Agreement is in effect exceed the Expense Limit for that Fund (the “Excess Amount”), the Adviser shall (at its option) waive or reduce its fee under the Advisory Agreement and/or or remit to that Fund (or cause another Virtus entity to waive or reduce its fee under another agreement and/or remit to that Fund) an amount that is sufficient to pay the Excess Amount computed on the last day of the month.
Appears in 9 contracts
Samples: Expense Limitation Agreement (Phoenix Equity Series Fund), Expense Limitation Agreement (Phoenix Opportunities Trust), Expense Limitation Agreement (Phoenix Investment Trust 97)
Computation. If the fiscal year-to-year to date Total Fund Operating Expenses of a Fund or Other Expenses, as applicable, at the end of any month during which this Agreement is in effect exceed the Expense Limit for that Fund (the “"Excess Amount”"), the Adviser Advisor shall (at its option) waive or reduce its fee under the Advisory Agreement and/or or remit to that Fund (or cause another Virtus entity to waive or reduce its fee under another agreement and/or remit to that Fund) an amount that is sufficient to pay the Excess Amount computed on the last day of the month.
Appears in 7 contracts
Samples: Expense Limitation Agreement (Phoenix Edge Series Fund), Expense Limitation Agreement (Phoenix Edge Series Fund), Expense Limitation Agreement (Phoenix Edge Series Fund)
Computation. If the fiscal year-to-date Total Fund Operating Expenses of a Fund or Other Expenses, as applicable, at the end of any month during which this Agreement is in effect exceed the Expense Limit for that Fund (the “Excess Amount”), the Adviser shall (at its option) waive or reduce its fee under the Advisory Agreement and/or remit to that Fund (or cause another Virtus entity to waive or reduce its fee under another agreement and/or remit to that Fund) an amount that is sufficient to pay the Excess Amount computed on the last day of the month.
Appears in 4 contracts
Samples: Expense Limitation Agreement (Virtus Opportunities Trust), Expense Limitation Agreement (Virtus Opportunities Trust), Expense Limitation Agreement (Virtus Equity Trust)
Computation. If the fiscal year-to-year to date Total Fund Operating Expenses of a the Fund or Other Expenses, as applicable, at the end of any month during which this Agreement is in effect exceed the Expense Limit for that Fund (the “"Excess Amount”"), the Adviser shall (at its option) waive or reduce its fee under the Advisory Agreement and/or or remit to that Fund (or cause another Virtus entity to waive or reduce its fee under another agreement and/or remit to that Fund) an amount that is sufficient to pay the Excess Amount computed on the last day of the month.
Appears in 2 contracts
Samples: Expense Limitation Agreement (Phoenix Opportunities Trust), Expense Limitation Agreement (Phoenix Multi Portfolio Fund)
Computation. If the fiscal year-to-date Total Fund Operating Expenses of a Fund or Other Expenses, as applicable, at the end of any month during which this Agreement is in effect exceed the Expense Limit for that Fund (the “Excess Amount”), the Adviser shall (at its option) waive or reduce its fee under the Advisory Agreement and/or remit to that the Fund (or cause another Virtus entity to waive or reduce its fee under another agreement and/or remit to that Fund) an amount that is sufficient to pay the Excess Amount computed on the last day of the month.
Appears in 2 contracts
Samples: Expense Limitation Agreement (Virtus Opportunities Trust), Expense Limitation Agreement (Virtus Opportunities Trust)
Computation. If the fiscal year-to-year to date Total Fund Operating Expenses of a Fund or Other Expenses, as applicable, at the end of any month during which this Agreement is in effect exceed the Expense Limit for that Fund (the “Excess Amount”), the Adviser shall (at its option) waive or reduce its fee under the Advisory Agreement and/or remit to that Fund (or cause another Virtus entity to waive or reduce its fee under another agreement and/or remit to that Fund) an amount that is sufficient to pay the Excess Amount computed on the last day of the month.
Appears in 2 contracts
Samples: Expense Limitation Agreement (Virtus Insight Trust), Expense Limitation Agreement (Virtus Insight Trust)
