EXPENSES ASSUMED AS ADMINISTRATOR. Except as otherwise specifically stated in this Agreement, GFS shall pay all expenses incurred by it in performing its services and duties as administrator. The Trust will bear all other expenses to be incurred in the operation of the Funds (other than those borne by the Adviser) including:
(a) taxes;
(b) interest;
(c) brokerage fees and commissions, if any;
(d) fees for Trustees who are not officers, directors, partners, employees or holders of five percent (5%) or more of the outstanding voting securities of the Advisers or GFS or any of their affiliates;
(e) Securities and Exchange Commission fees;
(f) state blue sky registration or qualification fees;
(g) advisory fees;
(h) charges of custodians;
(i) transfer and dividend disbursing agents' fees;
(j) certain insurance premiums;
(k) outside auditing and legal expenses;
(l) costs of maintaining trust existence;
(m) costs attributable to shareholder services, including without limitation telephone and personnel expenses;
(n) costs of preparing and printing Prospectuses for regulatory purposes;
(o) costs of shareholders' reports and Trust meetings;
(p) Trust legal fees; and
(q) any extraordinary expenses.
EXPENSES ASSUMED AS ADMINISTRATOR. Except as specifically stated in this Agreement, GFS shall pay all expenses incurred by it in performing its services and duties as Administrator. The Corporation will bear all other expenses to be incurred in the operations of the Funds (other than those borne by the Adviser) including taxes, interest, brokerage fees and commissions, if any, fees of Directors who are not officers, directors, partners, employees or holders of five percent or more of the outstanding voting securities of the Adviser or GFS or any of their affiliates, Securities and Exchange Commission fees and state blue sky registration or qualification fees, advisory fees, charges of custodians, transfer and dividend disbursing agents’ fees, advisory fees, charges of custodians, transfer and dividend disbursing legal expenses, costs of maintaining corporate existence, costs attributable to shareholder services, including without limitation telephone and personnel expenses, costs of preparing and printing Prospectuses for regulatory purposes, costs of shareholders’ reports and Corporation meetings and any extraordinary expenses
EXPENSES ASSUMED AS ADMINISTRATOR. Except as otherwise stated in this subsection 4, BISYS shall pay all expenses incurred by it in performing its services and duties as Administrator, including the cost of providing office facilities, equipment and personnel related to such services and duties. Other expenses incurred in the operation of the Trust (other than those borne by the Trust's investment adviser) including taxes, interest, brokerage fees and commissions, if any, fees of trustees who are not officers, directors, partners, employees or holders of 5 percent or more of the outstanding voting securities of the Trust's investment advisers or BISYS or any of their affiliates, Securities and Exchange Commission fees and state blue sky registration or qualification fees, advisory fees, charges of custodians, transfer and dividend disbursing agents' fees, fund accounting agents' fees, fidelity bond and trustees' and officers' errors and omissions insurance premiums, outside auditing and legal expenses, costs of maintaining corporate existence, costs attributable to shareholder services, including without limitation telephone and personnel expenses, costs of preparing and printing Prospectuses for regulatory purposes and for distribution to existing shareholders, costs of shareholders' reports and Trust meetings and any extraordinary expenses will be borne by the Trust.
EXPENSES ASSUMED AS ADMINISTRATOR. Except as otherwise stated in this subsection 4, the Bank shall pay all expenses incurred by it in performing its services and duties hereunder as Administrator including the cost of any independent pricing service used in connection with the Funds. Other expenses to be incurred in the operation of the Funds (other than those borne by the Company's investment adviser) including taxes, interest, brokerage fees and commissions, if any, fees of directors who are not officers, directors, partners, employees or holders of 5 percent or more of the outstanding voting securities of the Company's investment adviser or the Bank or their subcontractors or any of their affiliates, Securities and Exchange Commission fees and state blue sky registration and qualification fees, advisory fees, fees payable to shareholder organizations, fees for special management services, charges of custodians, transfer and dividend disbursing agents' fees, certain insurance premiums, outside auditing and legal expenses, costs of maintaining corporate existence, costs attributable to shareholder services, including without limitation telephone and personnel expenses, costs of preparing and printing Prospectuses, or any supplement or amendment thereto, necessary for the continued effective registration of the Shares under the federal or state securities laws, costs of printing and distributing any Prospectus, supplement or amendment thereto for existing shareholders of the Fund described therein, costs of shareholder reports and corporate meetings and any extraordinary expenses will be borne by the Funds. It is understood that certain advertising, marketing, shareholder servicing, administration and/or distribution expenses to be incurred in connection with the Shares may be paid by the Company as provided in any Plan which may in the sole discretion of the Company be adopted in accordance with Rule 12b-1 under the 1940 act and that such expenses will be paid apart from any fees under this Agreement.
EXPENSES ASSUMED AS ADMINISTRATOR. Except as otherwise stated in this subsection 4, BISYS shall pay all expenses incurred by it in performing its services and duties as Administrator. All other expenses incurred in the operation of the Fund will be borne by the Fund, except to the extent specifically assumed by others. The expenses to be borne by the Fund include, without limitation, the following: organizational costs, taxes, interest, brokerage fees and commissions, if any, fees of Directors who are not officers, directors, employees or holders of 5% or more of the outstanding voting securities of any Service Provider or BISYS, or any of their affiliates, Commission fees, state Blue Sky qualification fees, management, advisory, sub-advisory, administration and other shareholder services fees, charges of custodians, transfer and dividend disbursing agents' fees, certain insurance premiums, industry association fees, auditing and legal expenses, costs of maintaining corporate existence, costs of independent pricing services, costs attributable to investor services (including, without limitation, telephone and personnel expenses), costs of calculating the net asset value of the Series' shares, costs of shareholders' reports and corporate meetings, costs of preparing and printing prospectuses and statements of additional information for regulatory purposes and for distribution to existing shareholders (unless otherwise provided pursuant to a plan adopted in accordance with Rule 12b-1 under the 1940 Act), and any extraordinary expenses.
EXPENSES ASSUMED AS ADMINISTRATOR. Except as otherwise stated in this subsection 4, BISYS shall pay all expenses incurred by it in performing its services and duties hereunder as Administrator including the cost of any independent pricing service used in connection with the Funds. Other expenses to be incurred in the operation of the Funds (other than those borne by the Trust's Investment Adviser and Sub-Investment Adviser) including taxes, interest, brokerage fees and commissions, if any, fees of trustees who are not officers, directors, partners, employees or holders of 5 percent or more of the outstanding voting securities of the Trust's Investment Adviser, Sub-Investment Adviser or BISYS or any of their affiliates, state blue sky registration and qualification fees (if any), advisory fees, charges of custodians, transfer and dividend distributing agents' fees, certain insurance premiums, outside auditing and legal expenses, costs of maintaining corporate existence, costs attributable to interestholder services, including without limitation telephone and personnel expenses, costs of preparing and printing prospectuses or any supplement or amendment thereto, necessary for the continued effective registration of the Interests under federal or state securities laws, costs of printing and distributing any prospectus, supplement or amendment thereto for existing interestholders of the Fund described therein, costs of interestholders' reports and corporate meetings and any extraordinary expenses will be borne by the Trust.
EXPENSES ASSUMED AS ADMINISTRATOR. Except as otherwise stated in this subsection 5, BISYS shall pay all expenses incurred by it in performing its services and duties as Administrator, including the cost of providing office facilities, equipment and personnel related to such services and duties. Other expenses incurred in the operation of the Company (other than those borne by the Company's investment adviser) including taxes, interest, brokerage fees and commissions, if any, fees of directors who are not officers, directors, partners, employees or holders of 5 percent or more of the outstanding voting securities of the Company's investment advisers or BISYS or any of their affiliates, Commission fees and state blue sky registration or qualification fees, advisory fees, charges of custodians, transfer and dividend disbursing agents' fees, fidelity bond and directors' and officers' errors and omissions insurance premiums, outside auditing and legal expenses, costs of maintaining corporate existence, costs attributable to shareholder services, including without limitation telephone and personnel expenses, costs of preparing and printing Prospectuses for regulatory purposes and for distribution to existing shareholders, costs of shareholders' reports and Company meetings and any extraordinary expenses will be borne by the Company.
EXPENSES ASSUMED AS ADMINISTRATOR. The Administrator will bear all expenses incurred by it in performing its services and duties as administrator, except as otherwise expressly provided herein. Other expenses to be incurred in the operation of the Portfolios, including taxes, interest, brokerage fees and commissions, if any, salaries and fees of officers and directors who are not officers, directors, shareholders or employees of the Administrator, or the Company's investment adviser or distributor for the Portfolios, Commission fees and state Blue Sky qualification and renewal fees, advisory and administration fees, costs and related out-of-pocket expenses incurred in connection with obtaining pricing information, charges of custodians, transfer and dividend disbursing agents' fees, certain insurance premiums, outside auditing and legal expenses, costs of maintaining corporate existence, typesetting and printing of prospectuses for regulatory purposes and for distribution to current shareholders of the Portfolios, costs of shareholders' reports and corporate meetings and any extraordinary expenses, will be borne by the Company, PROVIDED, HOWEVER, that the Company will not bear, directly or indirectly the cost of any activity which is primarily intended to result in the sale of shares of the Portfolios otherwise than pursuant to its Distribution and Services Plan.
EXPENSES ASSUMED AS ADMINISTRATOR. Except as otherwise specifically stated in this Agreement, OFS shall pay all expenses incurred by it in performing its services and duties as Administrator. The Trust will bear all other expenses to be incurred in the operation of the Funds (other than those borne by the Adviser) including:
EXPENSES ASSUMED AS ADMINISTRATOR. The Administrator will bear all expenses incurred by it in performing the services and duties designated to it under this Agreement, except as otherwise expressly provided herein. Other expenses to be incurred in the operation of the Funds, including taxes, interest, brokerage fees and commissions, if any, salaries and fees of officers and trustees who are not officers, directors, shareholders or employees of the Administrator or the distributor for the Funds, Commission fees and state Blue Sky qualification fees, advisory and administration fees, charges of custodians, transfer and dividend disbursing agents’ fees, certain insurance premiums, outside auditing and legal expenses, costs of outside pricing services, costs of maintaining corporate existence, typesetting and printing of prospectuses for regulatory purposes and for distribution to current shareholders of the Funds, costs of shareholders’ reports and corporate meetings and any extraordinary expenses, will be borne by the Company, provided, however, that the Company will not bear, directly or indirectly, the cost of any activity which is primarily intended to result in the sale of shares of the Funds otherwise than pursuant to the Plan.
