Expenses of the Administrator. The Administrator assumes the expenses of and shall pay for maintaining the staff and personnel necessary to perform its obligations under this Agreement, and shall at its own expense provide office space, facilities, equipment and the necessary personnel which it is obligated to provide under section 2 hereof, except that each Trust shall pay the expenses of its other service providers such as the custodian, transfer agent, dividend disbursing agent, shareholder servicing agents, legal counsel, independent auditors, underwriters, brokers and dealers, corporate fiduciaries, insurers, printers, banks and such other persons as may be necessary for the proper operation of the Funds and expenses of Trust officers attending Board meetings as required and such other appropriate out of pocket expenses as approved by the Board. Each Trust shall pay or cause to be paid all other expenses of the Funds referenced in this Agreement.
Appears in 16 contracts
Samples: Administration Agreement (Merger Fund Vl), Administration Agreement (Virtus Institutional Trust), Administration Agreement (Virtus Equity Trust)
Expenses of the Administrator. The Administrator assumes the expenses of and shall pay for maintaining the staff and personnel necessary to perform its obligations under this Agreement, and shall at its own expense provide office space, facilities, equipment and the necessary personnel which it is obligated to provide under section 2 hereof, except that each Trust the Fund shall pay the expenses of its other service providers such as the custodian, transfer agent, dividend disbursing agent, shareholder servicing agents, legal counsel, independent auditors, underwriters, brokers and dealers, corporate fiduciaries, insurers, printers, banks and such other persons as may be necessary for the proper operation of the Funds Series and expenses of Trust Fund officers attending Board meetings as required and such other appropriate out of pocket expenses as approved by the Board. Each Trust The Fund shall pay or cause to be paid all other expenses of the Funds Series referenced in this Agreement.
Appears in 5 contracts
Samples: Administration Agreement (Virtus Variable Insurance Trust), Administration Agreement (Virtus Variable Insurance Trust), Administration Agreement (Phoenix Edge Series Fund)
Expenses of the Administrator. The Administrator assumes the expenses of and shall pay for maintaining the staff and personnel necessary to perform its obligations under this Agreement, and shall at its own expense provide office space, facilities, equipment and the necessary personnel which it is obligated to provide under section 2 hereof, except that each the Trust shall pay the expenses of its other service providers such as the custodian, transfer agent, dividend disbursing agent, shareholder servicing agents, legal counsel, independent auditors, underwriters, brokers and dealers, corporate fiduciaries, insurers, printers, banks and such other persons as may be necessary for the proper operation of the Funds and expenses of Trust officers attending Board meetings as required and such other appropriate out of pocket expenses as approved by the Board. Each The Trust shall pay or cause to be paid all other expenses of the Funds referenced in this Agreement.
Appears in 4 contracts
Samples: Administration Agreement (Virtus Investment Trust), Form of Administration Agreement (Allianz Funds), Form of Administration Agreement (Allianz Funds Multi-Strategy Trust)
Expenses of the Administrator. The Administrator assumes the expenses of and shall pay for maintaining the staff and personnel necessary to perform its obligations under this Agreement, and shall at its own expense provide office space, facilities, equipment and the necessary personnel which it is obligated to provide under section 2 hereof, except that each Trust the Fund shall pay the expenses of its other service providers such as the custodian, transfer agent, dividend disbursing agent, shareholder servicing agents, legal counsel, independent auditors, underwriters, brokers and dealers, corporate fiduciaries, insurers, printers, banks and such other persons as may be necessary for the proper operation of the Funds Fund and expenses of Trust Fund officers attending Board meetings as required and such other appropriate out of pocket expenses as approved by the Board. Each Trust The Fund shall pay or cause to be paid all other expenses of the Funds referenced in this AgreementFund.
Appears in 2 contracts
Samples: Administration Agreement (Virtus Global Dividend & Income Fund Inc.), Administration Agreement (Zweig Fund Inc /Md/)
Expenses of the Administrator. The Administrator assumes the expenses of and shall pay for maintaining the staff and personnel necessary to perform its obligations under this Agreement, and shall at its own expense provide office space, facilities, equipment and the necessary personnel which it is obligated to provide under section 2 hereof, except that each Trust the Fund shall pay the expenses of its other service providers such as the custodian, transfer agent, dividend disbursing agent, shareholder servicing agents, legal counsel, independent auditors, underwriters, brokers and dealers, corporate fiduciaries, insurers, printers, banks and such other persons as may be necessary for the proper operation of the Funds and expenses of Trust officers attending Board meetings as required and such other appropriate out of pocket expenses as approved by the Board. Each Trust The Fund shall pay or cause to be paid all other expenses of the Funds referenced in this Agreement.
Appears in 2 contracts
Samples: Administration Agreement (Duff & Phelps Select Energy MLP Fund Inc.), Administration Agreement (Virtus Global Multi-Sector Income Fund)
Expenses of the Administrator. The Administrator assumes the expenses of and shall pay for maintaining the staff and personnel necessary to perform its obligations under this Agreement, and shall at its own expense provide office space, facilities, equipment and the necessary personnel which it is obligated to provide under section 2 hereof, except that each Trust the Fund shall pay the expenses of its other service providers such as the custodian, transfer agent, dividend disbursing agent, shareholder servicing agents, legal counsel, independent auditors, underwriters, brokers and dealers, corporate fiduciaries, insurers, printers, banks and such other persons as may be necessary for the proper operation of the Funds Fund and expenses of Trust Fund officers attending Board meetings as required and such other appropriate out of pocket expenses as approved by the Board. Each Trust The Fund shall pay or cause to be paid all other expenses of the Funds Fund referenced in this Agreement.
Appears in 1 contract
Samples: Administration Agreement (Virtus Stone Harbor Emerging Markets Income Fund)