Common use of Expenses of the Administrator Clause in Contracts

Expenses of the Administrator. As full compensation for the services and the facilities furnished by or at the direction of the Administrator, the Fund shall reimburse the Administrator for expenses incurred by it or its affiliates in accordance with the cost allocation methodologies that may from time to time be approved by the Fund's Board of Trustees. Such expenses shall include the costs of maintaining staff, personnel, office equipment and facilities necessary for the Administrator to perform its obligations under this Agreement. Such expenses, which will also include the fees and expenses of any sub-administrator paid by the Administrator, shall be billed monthly and shall be payable promptly by the Fund. Except as specifically provided herein, the Fund and RMR Advisors assume and shall pay or cause to be paid all other expenses of the Fund as set forth in the Investment Advisory Agreement.