Common use of Exclusions from Services Clause in Contracts

Exclusions from Services. Notwithstanding the provision of Paragraph 1(a) above, the Services shall not include and Manager will not be responsible for any of the following: (1) All brokers' commissions, issue and transfer taxes, and other costs chargeable to the Fund or the Portfolio in connection with securities transactions to which the Fund or the Portfolio is a party or in connection with securities owned by the Fund or the Portfolio; (2) The interest on indebtedness, if any, incurred by the Fund or the Portfolio; (3) The taxes, including franchise, income, issue, transfer, business license, and other corporate fees payable by the Fund or the Portfolio to federal, state, county, city, or other governmental agents; (4) The expenses, including fees and disbursements of counsel, in connection with litigation by or against the Fund or the Portfolio; (5) Any other extraordinary expense of the Fund or Portfolio

Exclusions from Services. Notwithstanding the provision provisions of Paragraph 1(a) above, the Services shall not include and Manager will not be responsible for any of the following: (1) All brokers' ’ commissions, issue and transfer taxes, and other costs chargeable to the Fund or the Portfolio in connection with securities transactions to which the Fund or the Portfolio is a party or in connection with securities owned by the Fund or the Portfolio; (2) The interest on indebtedness, if any, incurred by the Fund or the Portfolio; (3) The taxes, including franchise, income, issue, transfer, business license, and other corporate fees payable by the Fund or the Portfolio to federal, state, county, city, or other governmental agents; (4) The expenses, including fees and disbursements of counsel, in connection with litigation by or against the Fund or the Portfolio; (5) Any other extraordinary expense of the Fund or Portfolio.

Exclusions from Services. Notwithstanding the provision of Paragraph 1(al(a) above, the Services shall not include and Manager will not be responsible for any of the following: (1) All brokers' commissions, issue and transfer taxes, and other costs chargeable to the Fund or the Portfolio in connection with securities transactions to which the Fund or the Portfolio is a party or in connection with securities owned by the Fund or the Portfolio; (2) The interest on indebtedness, if any, incurred by the Fund or the Portfolio; (3) The taxes, including franchise, income, issue, transfer, business license, and other corporate fees payable by the Fund or the Portfolio to federal, state, county, city, or other governmental agents; (4) The expenses, including fees and disbursements of counsel, in connection with litigation by or against the Fund or the Portfolio; (5) Any other extraordinary expense of the Fund or Portfolio

Exclusions from Services. Notwithstanding the provision provisions of Paragraph 1(a) above, the Services shall not include and Manager will not be responsible for any of the following: (1) All brokers' ’ commissions, issue and transfer taxes, and other costs chargeable to the Fund or the Portfolio in connection with securities transactions to which the Fund or the Portfolio is a party or in connection with securities owned by the Fund or the Portfolio; (2) The interest on indebtedness, if any, incurred by the Fund or the Portfolio; (3) The taxes, including franchise, income, issue, transfer, business license, and other corporate fees payable by the Fund or the Portfolio to federal, state, county, city, or other governmental agents; (4) The expenses, including fees and disbursements of counsel, in connection with litigation by or against the Fund or the Portfolio; (5) Distribution and /or underwriting services; and (6) Any other extraordinary expense of the Fund or Portfolio.

Exclusions from Services. Notwithstanding the provision provisions of Paragraph 1(a) above, the Services shall not include and Manager will not be responsible for any of the following: (1) All all brokers' ’ commissions, issue and transfer taxes, and other costs chargeable to the Fund or the Portfolio in connection with securities transactions to which the Fund or the Portfolio is a party or in connection with securities owned by the Fund or the Portfolio; (2) The the interest on indebtedness, if any, incurred by the Fund or the Portfolio; (3) The the taxes, including franchise, income, issue, transfer, business license, and other corporate fees payable by the Fund or the Portfolio to federal, state, county, city, or other governmental agents; (4) The the expenses, including fees and disbursements of counsel, in connection with litigation by or against the Fund or the Portfolio;; and (5) Any any other extraordinary expense of the Fund or Portfolio.