Common use of Disbursement of Payment for These Services Clause in Contracts

Disbursement of Payment for These Services. Notwithstanding the provisions of Section 2.1 above, Service Company may, as agent for any Fund, disburse to third parties payments for any of the foregoing services or expenses. Each Fund shall reimburse Service Company promptly for such disbursements made on behalf of the Fund. III SERVICES PROVIDED BY AND EXPENSES OF SERVICE COMPANY 1 Services to be Provided to Funds. Service Company shall with respect to each Fund, subject to the direction and control of the Board of Trustees and officers of the Fund: A Manage, administer and/or conduct the general business activities of the Fund.

Appears in 6 contracts

Samples: Funds’ Service Agreement (Vanguard Fenway Funds), Funds’ Service Agreement (Vanguard World Fund), Funds’ Service Agreement (Vanguard Fixed Income Securities Funds)

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