{"component": "clause", "props": {"groups": [{"snippet_links": [{"key": "of-tenant", "type": "clause", "offset": [13, 22]}, {"key": "obligation-to-pay", "type": "clause", "offset": [25, 42]}, {"key": "share-of-expenses", "type": "clause", "offset": [52, 69]}, {"key": "subject-to", "type": "definition", "offset": [120, 130]}, {"key": "fiscal-year", "type": "definition", "offset": [142, 153]}, {"key": "calendar-year", "type": "clause", "offset": [172, 185]}, {"key": "the-commencement-date", "type": "clause", "offset": [195, 216]}, {"key": "per-annum", "type": "definition", "offset": [355, 364]}, {"key": "cumulative-basis", "type": "clause", "offset": [391, 407]}, {"key": "aggregate-basis", "type": "clause", "offset": [478, 493]}, {"key": "individual-basis", "type": "clause", "offset": [508, 524]}, {"key": "cap-on-controllable-expenses", "type": "clause", "offset": [534, 562]}, {"key": "terms-of", "type": "definition", "offset": [658, 666]}, {"key": "uncontrollable-expenses", "type": "definition", "offset": [830, 853]}, {"key": "other-component", "type": "definition", "offset": [880, 895]}, {"key": "under-this-lease", "type": "clause", "offset": [904, 920]}, {"key": "insurance-costs", "type": "clause", "offset": [954, 969]}, {"key": "utility-charges", "type": "definition", "offset": [971, 986]}, {"key": "removal-costs", "type": "clause", "offset": [1004, 1017]}], "snippet": "For purposes of Tenant\u2019s obligation to pay Tenant\u2019s Share of Expenses, Controllable Expenses (as defined below) will be subject to a cap each fiscal year (the \u201cCap\u201d) after calendar year in which the Commencement Date occurs. The Cap for any fiscal year will be the Controllable Expenses for the calendar year in which the Commencement Date occurs plus 5% per annum, compounded annually on a cumulative basis. Controllable Expenses, and the Cap thereon, will be determined on an aggregate basis and not on an individual basis, and the Cap on Controllable Expenses will be determined on Expenses as they have been adjusted for vacancy or usage pursuant to the terms of this Lease. The Cap on Controllable Expenses, as provided for in this Section 4.L, will not limit or otherwise affect Tenant\u2019s obligation to pay Tenant\u2019s Share of Uncontrollable Expenses (as defined below) or any other component of Rent under this Lease. \u201cUncontrollable Expenses\u201d means insurance costs, utility charges, Taxes, and snow removal costs. \u201cControllable Expenses\u201d means Expenses other than Uncontrollable Expenses.", "samples": [{"hash": "86s6qjxCRYG", "uri": "/contracts/86s6qjxCRYG#expense-cap", "label": "Office Lease (New Relic Inc)", "score": 25.5995893224, "published": true}, {"hash": "6edj3zP6MTk", "uri": "/contracts/6edj3zP6MTk#expense-cap", "label": "Office Lease (New Relic Inc)", "score": 25.3093771389, "published": true}], "size": 2, "hash": "2690aded7f36b623d2481afae1d9835a", "id": 3}, {"snippet_links": [{"key": "the-fund", "type": "clause", "offset": [12, 20]}, {"key": "fiscal-years", "type": "clause", "offset": [28, 40]}, {"key": "agreement-remains-in-force", "type": "clause", "offset": [46, 72]}, {"key": "expenses-of-each-series", "type": "clause", "offset": [106, 129]}, {"key": "extraordinary-expenses", "type": "definition", "offset": [190, 212]}, {"key": "brokerage-fees-and-commissions", "type": "clause", "offset": [235, 265]}, {"key": "fees-paid", "type": "clause", "offset": [277, 286]}, {"key": "class-a", "type": "definition", "offset": [302, 309]}, {"key": "class-b", "type": "definition", "offset": [311, 318]}, {"key": "distribution-plans", "type": "clause", "offset": [330, 348]}, {"key": "inclusive-of", "type": "clause", "offset": [354, 366]}, {"key": "to-insure", "type": "clause", "offset": [560, 569]}, {"key": "the-total", "type": "clause", "offset": [575, 584]}, {"key": "expenses-of-the-series", "type": "clause", "offset": [592, 614]}, {"key": "a-portion", "type": "definition", "offset": [694, 703]}, {"key": "c-shares", "type": "definition", "offset": [848, 856]}, {"key": "index-series", "type": "definition", "offset": [874, 886]}], "snippet": "For each of the Fund's full fiscal years this Agreement remains in force, SMC agrees that if total annual expenses of each Series of the Fund identified below, exclusive of interest, taxes, extraordinary expenses (such as litigation), brokerage fees and commissions, and 12b-1 fees paid under a Fund's Class A, Class B or Class C Distribution Plans, but inclusive of SMC's compensation, exceeds the amount set forth below (the \"Expense Cap\"), SMC will contribute to such Series such funds or waive such portion of its fee, adjusted monthly, as may be required to insure that the total annual expenses of the Series will not exceed the Expense Cap. If this Agreement shall be effective for only a portion of a Series' fiscal year, then the maximum annual expenses shall be prorated for such portion. EXPENSE CAP International Series, Class A, B and C shares - 2.25% Enhanced Index Series, Class A, B and C shares - 1.75% Select 25 Series, Class A, B and C shares - 1.75%", "samples": [{"hash": "hLBXCwcIk1i", "uri": "/contracts/hLBXCwcIk1i#expense-cap", "label": "Investment Management and Services Agreement (Security Equity Fund)", "score": 17.0, "published": true}, {"hash": "2xtt2lHScBH", "uri": "/contracts/2xtt2lHScBH#expense-cap", "label": "Investment Management and Services Agreement (Security Equity Fund)", "score": 17.0, "published": true}, {"hash": "hk4itvA63rZ", "uri": "/contracts/hk4itvA63rZ#expense-cap", "label": "Investment Management and Services Agreement (Security Equity Fund)", "score": 16.0, "published": true}], "size": 14, "hash": "81869f25aefddfc5fc85dec6bad20039", "id": 1}, {"snippet_links": [{"key": "the-fund", "type": "clause", "offset": [12, 20]}, {"key": "fiscal-years", "type": "clause", "offset": [28, 40]}, {"key": "agreement-remains-in-force", "type": "clause", "offset": [51, 77]}, {"key": "expenses-of-each-series", "type": "clause", "offset": [119, 142]}, {"key": "extraordinary-expenses", "type": "definition", "offset": [203, 225]}, {"key": "brokerage-fees-and-commissions", "type": "clause", "offset": [248, 278]}, {"key": "fees-paid", "type": "clause", "offset": [290, 299]}, {"key": "class-a", "type": "definition", "offset": [315, 322]}, {"key": "class-b", "type": "definition", "offset": [324, 331]}, {"key": "distribution-plans", "type": "clause", "offset": [343, 361]}, {"key": "of-the-adviser", "type": "clause", "offset": [377, 391]}, {"key": "to-insure", "type": "clause", "offset": [590, 599]}, {"key": "the-total", "type": "clause", "offset": [605, 614]}, {"key": "expenses-of-the-series", "type": "clause", "offset": [622, 644]}, {"key": "a-portion", "type": "definition", "offset": [725, 734]}], "snippet": "For each of the Fund\u2019s full fiscal years that this Agreement remains in force, the Adviser agrees that if total annual expenses of each Series of the Fund identified below, exclusive of interest, taxes, extraordinary expenses (such as litigation), brokerage fees and commissions, and 12b-1 fees paid under a Fund\u2019s Class A, Class B or Class C Distribution Plans, but inclusive of the Adviser\u2019s compensation, exceeds the amount set forth below (the \u201cExpense Cap\u201d), the Adviser shall contribute to such Series such funds or waive such portion of its fee, adjusted monthly, as may be required to insure that the total annual expenses of the Series shall not exceed the Expense Cap. If this Agreement shall be effective for only a portion of a Series\u2019 fiscal year, then the maximum annual expenses shall be prorated for such portion. Large Cap Concentrated Growth Series, Class A, B and C \u2013 1.75%", "samples": [{"hash": "1tJg6NYojOa", "uri": "/contracts/1tJg6NYojOa#expense-cap", "label": "Investment Management Agreement (Security Equity Fund)", "score": 22.0746064339, "published": true}, {"hash": "4zTzexm4cSL", "uri": "/contracts/4zTzexm4cSL#expense-cap", "label": "Investment Management Agreement (Security Equity Fund)", "score": 20.3196440794, "published": true}, {"hash": "fykv35G3jP6", "uri": "/contracts/fykv35G3jP6#expense-cap", "label": "Investment Management Agreement (Security Mid Cap Growth Fund)", "score": 20.0814510609, "published": true}], "size": 8, "hash": "a96f8fbf5e799a9392f870d2bbafbac9", "id": 2}, {"snippet_links": [{"key": "calendar-year", "type": "clause", "offset": [4, 17]}, {"key": "the-lease", "type": "clause", "offset": [55, 64]}, {"key": "replaced-with", "type": "clause", "offset": [103, 116]}], "snippet": "The calendar year \u201c2021\u201d set forth in Section 4.2.5 of the Lease is hereby deleted in its entirety and replaced with calendar year \u201c2022\u201d.", "samples": [{"hash": "2DRPB8tHYvk", "uri": "/contracts/2DRPB8tHYvk#expense-cap", "label": "Lease Agreement (Sweetgreen, Inc.)", "score": 30.8138261465, "published": true}], "size": 1, "hash": "ef143529e917aa47330a338dc3581e1c", "id": 6}, {"snippet_links": [{"key": "loan-expenses", "type": "definition", "offset": [19, 32]}, {"key": "borrower-shall", "type": "clause", "offset": [44, 58]}, {"key": "sum-of", "type": "clause", "offset": [84, 90]}, {"key": "cap-on-loan", "type": "clause", "offset": [165, 176]}, {"key": "upon-the-occurrence-and-during", "type": "clause", "offset": [206, 236]}, {"key": "event-of-default", "type": "definition", "offset": [260, 276]}, {"key": "without-limitation", "type": "clause", "offset": [289, 307]}, {"key": "expenses-incurred", "type": "clause", "offset": [317, 334]}, {"key": "in-connection-with", "type": "clause", "offset": [335, 353]}, {"key": "collection-efforts", "type": "clause", "offset": [354, 372]}, {"key": "of-lender", "type": "clause", "offset": [385, 394]}, {"key": "the-loan-documents", "type": "clause", "offset": [412, 430]}, {"key": "modification-of", "type": "clause", "offset": [511, 526]}, {"key": "this-agreement", "type": "clause", "offset": [608, 622]}, {"key": "agreement-and-the-other-loan-documents", "type": "clause", "offset": [742, 780]}], "snippet": "Lender agrees that Loan Expenses charged to Borrower shall not exceed the aggregate sum of $30,000 annually (the \u201cExpense Cap\u201d); provided, however, that the Expense Cap on Loan Expenses shall not apply (a) upon the occurrence and during the continuance of any Event of Default, including, without limitation, to Loan Expenses incurred in connection with collection efforts or exercise of Lender\u2019s remedies under the Loan Documents or otherwise, (b) to Loan Expenses incurred in connection with any amendment or modification of the Loan Documents, including, without limitation, any workout or restructure of this Agreement and the Loan Documents, (c) to Loan Expenses incurred in connection with the drafting, negotiation and closing of this Agreement and the other Loan Documents,", "samples": [{"hash": "lkf9RrigI0Q", "uri": "/contracts/lkf9RrigI0Q#expense-cap", "label": "Construction Loan Agreement (United Development Funding IV)", "score": 21.6023271732, "published": true}], "size": 1, "hash": "835c01494c1d5ac5dfa4caae0a890b8f", "id": 8}, {"snippet_links": [{"key": "loan-expenses", "type": "definition", "offset": [19, 32]}, {"key": "borrower-shall", "type": "clause", "offset": [44, 58]}, {"key": "sum-of", "type": "clause", "offset": [84, 90]}, {"key": "cap-on-loan", "type": "clause", "offset": [165, 176]}, {"key": "upon-the-occurrence-and-during", "type": "clause", "offset": [206, 236]}, {"key": "event-of-default", "type": "definition", "offset": [260, 276]}, {"key": "without-limitation", "type": "clause", "offset": [289, 307]}, {"key": "expenses-incurred", "type": "clause", "offset": [317, 334]}, {"key": "in-connection-with", "type": "clause", "offset": [335, 353]}, {"key": "collection-efforts", "type": "clause", "offset": [354, 372]}, {"key": "of-lender", "type": "clause", "offset": [385, 394]}, {"key": "the-loan-documents", "type": "clause", "offset": [412, 430]}, {"key": "modification-of", "type": "clause", "offset": [511, 526]}, {"key": "this-agreement", "type": "clause", "offset": [608, 622]}, {"key": "agreement-and-the-other-loan-documents", "type": "clause", "offset": [742, 780]}, {"key": "loan-closings", "type": "clause", "offset": [831, 844]}, {"key": "costs-incurred", "type": "definition", "offset": [857, 871]}, {"key": "agreement-or", "type": "definition", "offset": [935, 947]}], "snippet": "Lender agrees that Loan Expenses charged to Borrower shall not exceed the aggregate sum of $30,000 annually (the \u201cExpense Cap\u201d); provided, however, that the Expense Cap on Loan Expenses shall not apply (a) upon the occurrence and during the continuance of any Event of Default, including, without limitation, to Loan Expenses incurred in connection with collection efforts or exercise of Lender\u2019s remedies under the Loan Documents or otherwise, (b) to Loan Expenses incurred in connection with any amendment or modification of the Loan Documents, including, without limitation, any workout or restructure of this Agreement and the Loan Documents, (c) to Loan Expenses incurred in connection with the drafting, negotiation and closing of this Agreement and the other Loan Documents, (d) to Loan Expenses incurred in connection with Loan Closings, and (e) to costs incurred in connection with any audit permitted by Section 9.13 of this Agreement or otherwise permitted by the Loan Documents.", "samples": [{"hash": "8JknZZ3iPhq", "uri": "/contracts/8JknZZ3iPhq#expense-cap", "label": "Construction Loan Agreement (United Development Funding IV)", "score": 21.6023271732, "published": true}], "size": 1, "hash": "a108d997425c6adc12b61bbb3805189a", "id": 7}, {"snippet_links": [{"key": "to-waive", "type": "clause", "offset": [11, 19]}, {"key": "expenses-of", "type": "clause", "offset": [43, 54]}, {"key": "share-class", "type": "clause", "offset": [60, 71]}, {"key": "new-york", "type": "definition", "offset": [81, 89]}, {"key": "venture-fund", "type": "definition", "offset": [90, 102]}, {"key": "to-the-extent", "type": "clause", "offset": [104, 117]}, {"key": "to-ensure", "type": "clause", "offset": [134, 143]}, {"key": "expense-incurred", "type": "definition", "offset": [160, 176]}, {"key": "class-of-shares", "type": "clause", "offset": [196, 211]}, {"key": "benefits-of", "type": "clause", "offset": [235, 246]}, {"key": "other-credits", "type": "definition", "offset": [258, 271]}, {"key": "fee-waivers", "type": "clause", "offset": [273, 284]}, {"key": "expense-reimbursements", "type": "definition", "offset": [290, 312]}, {"key": "class-a-shares", "type": "clause", "offset": [326, 340]}, {"key": "class-b-shares", "type": "definition", "offset": [349, 363]}, {"key": "class-c-shares", "type": "definition", "offset": [372, 386]}, {"key": "class-r-shares", "type": "definition", "offset": [395, 409]}, {"key": "class-y-shares", "type": "definition", "offset": [422, 436]}, {"key": "net-assets", "type": "clause", "offset": [446, 456]}], "snippet": "DSA agrees to waive fees and reimburse the expenses of each share class of \u2587\u2587\u2587\u2587\u2587 New York Venture Fund, to the extent it is necessary to ensure that the actual expense incurred by each authorized Class of shares, after recognizing the benefits of custody or other credits, fee waivers, and expense reimbursements, not exceed: Class A shares: 1.00%, Class B shares: 1.75%, Class C shares: 1.75%, Class R shares, 1.25%, and Class Y shares 0.75% of net assets.", "samples": [{"hash": "ivIxYc5bHav", "uri": "/contracts/ivIxYc5bHav#expense-cap", "label": "Agreement to Waive Fees and Reimburse Expenses (Davis New York Venture Fund Inc)", "score": 29.9048596851, "published": true}], "size": 1, "hash": "f9fee215496579e0f375764cc62e5e74", "id": 4}, {"snippet_links": [{"key": "the-adviser", "type": "definition", "offset": [4, 15]}, {"key": "the-sub", "type": "clause", "offset": [20, 27]}, {"key": "to-waive", "type": "clause", "offset": [49, 57]}, {"key": "a-portion", "type": "definition", "offset": [58, 67]}, {"key": "advisory-fees", "type": "clause", "offset": [93, 106]}, {"key": "certain-operating-expenses", "type": "clause", "offset": [150, 176]}, {"key": "expenses-of-the-trust", "type": "clause", "offset": [206, 227]}, {"key": "excluded-expenses", "type": "clause", "offset": [246, 263]}, {"key": "managed-assets", "type": "clause", "offset": [318, 332]}, {"key": "expense-limitation", "type": "definition", "offset": [349, 367]}], "snippet": "(a) The Adviser and the Sub-Advisor hereby agree to waive a portion of their advisory or sub-advisory fees, as applicable, or reimburse the Trust for certain operating expenses so that the annual operating expenses of the Trust (exclusive of any Excluded Expenses (as defined below) do not exceed 0.68% of the Trust\u2019s Managed Assets (the \u201cOperating Expense Limitation\u201d).", "samples": [{"hash": "bgvY5dj2kEM", "uri": "/contracts/bgvY5dj2kEM#expense-cap", "label": "Investment Advisory Agreement (Octagon XAI CLO Income Fund)", "score": 34.0746064339, "published": true}], "size": 1, "hash": "7627be2df24b42fc01dda873d0f47c6b", "id": 5}, {"snippet_links": [{"key": "the-adviser", "type": "definition", "offset": [4, 15]}, {"key": "a-portion", "type": "definition", "offset": [22, 31]}, {"key": "certain-operating-expenses", "type": "clause", "offset": [79, 105]}, {"key": "expenses-of-the-trust", "type": "clause", "offset": [135, 156]}, {"key": "excluded-expenses", "type": "clause", "offset": [175, 192]}, {"key": "managed-assets", "type": "clause", "offset": [247, 261]}, {"key": "expense-limitation", "type": "definition", "offset": [278, 296]}, {"key": "investment-advisory-fees", "type": "clause", "offset": [332, 356]}, {"key": "investor-support", "type": "definition", "offset": [363, 379]}, {"key": "services-fees", "type": "clause", "offset": [401, 414]}, {"key": "expenses-incurred", "type": "clause", "offset": [434, 451]}, {"key": "directly-or-indirectly", "type": "clause", "offset": [452, 474]}, {"key": "by-the-trust", "type": "clause", "offset": [475, 487]}, {"key": "permitted-investment", "type": "clause", "offset": [522, 542]}, {"key": "without-limitation", "type": "clause", "offset": [555, 573]}, {"key": "acquired-fund-fees-and-expenses", "type": "definition", "offset": [575, 606]}, {"key": "associated-with", "type": "definition", "offset": [622, 637]}, {"key": "the-acquisition", "type": "clause", "offset": [638, 653]}, {"key": "disposition-of", "type": "clause", "offset": [657, 671]}, {"key": "portfolio-investments", "type": "clause", "offset": [672, 693]}, {"key": "brokerage-commissions", "type": "definition", "offset": [726, 747]}, {"key": "transaction-expenses", "type": "clause", "offset": [769, 789]}, {"key": "the-issuance", "type": "clause", "offset": [869, 881]}, {"key": "commitment-fees", "type": "definition", "offset": [909, 924]}, {"key": "interest-expense", "type": "clause", "offset": [926, 942]}, {"key": "preferred-shares", "type": "clause", "offset": [959, 975]}, {"key": "in-connection-with", "type": "clause", "offset": [1002, 1020]}, {"key": "shares-of", "type": "clause", "offset": [1044, 1053]}, {"key": "offering-costs", "type": "definition", "offset": [1118, 1132]}, {"key": "short-sales", "type": "clause", "offset": [1155, 1166]}, {"key": "securities-lending", "type": "clause", "offset": [1181, 1199]}, {"key": "meetings-of-shareholders-of-the-trust", "type": "clause", "offset": [1268, 1305]}, {"key": "except-to-the-extent", "type": "clause", "offset": [1307, 1327]}, {"key": "relating-to", "type": "definition", "offset": [1328, 1339]}, {"key": "election-of-trustees", "type": "clause", "offset": [1366, 1386]}, {"key": "a-reorganization", "type": "clause", "offset": [1406, 1422]}, {"key": "all-or-substantially-all-of-the-assets", "type": "definition", "offset": [1497, 1535]}, {"key": "another-fund", "type": "definition", "offset": [1539, 1551]}, {"key": "extraordinary-expenses", "type": "definition", "offset": [1566, 1588]}, {"key": "ordinary-course", "type": "definition", "offset": [1609, 1624]}, {"key": "related-to", "type": "clause", "offset": [1690, 1700]}, {"key": "derivative-actions", "type": "clause", "offset": [1713, 1731]}, {"key": "government-investigations", "type": "definition", "offset": [1784, 1809]}], "snippet": "(a) The Adviser waive a portion of its advisory fee or reimburse the Trust for certain operating expenses so that the annual operating expenses of the Trust (exclusive of any Excluded Expenses (as defined below) do not exceed 0.30% of the Trust\u2019s Managed Assets (the \u201cOperating Expense Limitation\u201d).\n(b) \u201cExcluded Expenses\u201d are (i) investment advisory fees, (ii) investor support and secondary market services fees, (iii) taxes, (iv) expenses incurred directly or indirectly by the Trust as a result of an investment in a permitted investment (including, without limitation, acquired fund fees and expenses), (v) expenses associated with the acquisition or disposition of portfolio investments (including, without limitation, brokerage commissions and other trading or transaction expenses), (vi) leverage expenses (including, without limitation, costs associated with the issuance or incurrence of leverage, commitment fees, interest expense or dividends on preferred shares), (vii) expenses incurred in connection with issuances and sales of shares of the Trust (including, without limitation, fees, commissions and offering costs), (viii) dividends on short sales, if any, (ix) securities lending costs, if any, (x) expenses of holding, and soliciting proxies for, meetings of shareholders of the Trust (except to the extent relating to routine items such as the election of trustees), (xi) expenses of a reorganization, restructuring, redomiciling or merger of the Trust or the acquisition of all or substantially all of the assets of another fund, or (xii) any extraordinary expenses not incurred in the ordinary course of the Trust\u2019s business (including, without limitation, expenses related to litigation, derivative actions, demands related to litigation, regulatory or other government investigations and proceeding).", "samples": [{"hash": "gfUe1ckvlmo", "uri": "/contracts/gfUe1ckvlmo#expense-cap", "label": "Expense Reimbursement Agreement (XAI Octagon Floating Rate & Alternative Income Term Trust)", "score": 26.7316906229, "published": true}], "size": 1, "hash": "a06df25e0ec9ec1bb6f8618f202daa9c", "id": 9}, {"snippet_links": [{"key": "the-board-of-trustees-of-the", "type": "clause", "offset": [15, 43]}, {"key": "feeder-fund", "type": "definition", "offset": [54, 65]}, {"key": "pursuant-to-rule", "type": "clause", "offset": [92, 108]}, {"key": "securities-act-of-1933", "type": "clause", "offset": [126, 148]}, {"key": "as-amended", "type": "definition", "offset": [150, 160]}, {"key": "the-securities-and-exchange-commission", "type": "clause", "offset": [184, 222]}, {"key": "agreed-to", "type": "clause", "offset": [281, 290]}, {"key": "ratio-of", "type": "clause", "offset": [315, 323]}, {"key": "class-a-shares", "type": "clause", "offset": [402, 416]}, {"key": "class-c-shares", "type": "definition", "offset": [432, 446]}, {"key": "class-i-shares", "type": "definition", "offset": [465, 479]}, {"key": "require-the", "type": "clause", "offset": [519, 530]}, {"key": "the-term-of-this-agreement", "type": "clause", "offset": [584, 610]}, {"key": "inclusive-of", "type": "clause", "offset": [612, 624]}, {"key": "master-fund", "type": "clause", "offset": [650, 661]}, {"key": "class-z-shares", "type": "definition", "offset": [756, 770]}], "snippet": "As approved by the Board of Trustees of the Ascendant Feeder Fund and disclosed in a filing pursuant to Rule 485(b) under the Securities Act of 1933, as amended (the \u201c1933 Act\u201d), with the Securities and Exchange Commission (the \u201cSEC\u201d) on June 15, 2011, Ascendant has contractually agreed to limit the total expense ratio of the Ascendant Feeder Fund through October 12, 2012, as follows: 2.60% for the Class A Shares, 3.35% for the Class C Shares and 2.35% for the Class I Shares (the \u201cInitial Expense Cap\u201d). HFAM will require the total expense ratio for the HFAM Feeder Fund through the term of this Agreement (inclusive of fees attributable to the Master Fund) to be capped at 2.25% for the Class A Shares, 2.90% for the Class C Shares and 1.90% for the Class Z Shares (the \u201cNew Expense Cap\u201d).", "samples": [{"hash": "6s6fyVgAMUc", "uri": "/contracts/6s6fyVgAMUc#expense-cap", "label": "Investment Advisory Agreement (Highland Funds Ii)", "score": 19.0205338809, "published": true}], "size": 1, "hash": "f9e68617aa67659b74903f8c07b5d071", "id": 10}], "next_curs": "ClQSTmoVc35sYXdpbnNpZGVyY29udHJhY3RzcjALEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhRleHBlbnNlLWNhcCMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"children": [], "title": "Expense Cap", "parents": [["allocation-of-expenses-and-charges", "Allocation of Expenses and Charges"], ["base-rent-and-additional-rent", "Base Rent and Additional Rent"], ["compensation-of-smc-llc", "COMPENSATION OF SMC, LLC"], ["loan-expenses-fees", "Loan Expenses Fees"], ["additional-rent", "ADDITIONAL RENT"]], "size": 30, "id": "expense-cap", "related": [["expense-payments", "EXPENSE PAYMENTS", "EXPENSE PAYMENTS"], ["operating-expense-payments", "Operating Expense Payments", "Operating Expense Payments"], ["expense-allowance", "Expense Allowance", "Expense Allowance"], ["operating-expense-limit", "Operating Expense Limit", "Operating Expense Limit"], ["expense-reimbursement", "Expense Reimbursement", "Expense Reimbursement"]], "related_snippets": [], "updated": "2025-07-07T12:37:53+00:00"}, "json": true, "cursor": ""}}