Common use of Expenses of the Fund Clause in Contracts

Expenses of the Fund. Not Paid by the Subadviser. The Subadviser will not be required to pay any expenses which this Agreement does not expressly state shall be payable by the Subadviser. In particular, and without limiting the generality of the foregoing, the Subadviser will not be required to pay under this Agreement: (a) the compensation and expenses of Trustees and of independent advisers, independent contractors, consultants, managers and other agents employed by the Trust or the Fund other than through the Subadviser; (b) legal, accounting and auditing fees and expenses of the Trust or the Fund; (c) the fees and disbursements of custodians and depositories of the Trust or the Fund's assets, transfer agents, disbursing agents, plan agents and registrars; (d) taxes and governmental fees assessed against the Trust or the Fund's assets and payable by the Trust or the Fund; (e) the cost of preparing and mailing dividends, distributions, reports, notices and proxy materials to shareholders of the Trust or the Fund except that the Subadviser shall bear the costs of providing the information referred to in Section 2(k) to the Adviser; (f) brokers' commissions and underwriting fees; and (g) the expense of periodic calculations of the net asset value of the shares of the Fund.

Expenses of the Fund. Not Paid by the SubadviserSub-Adviser. The Subadviser Sub-Adviser will not be required to pay any expenses of the Fund which this Agreement does not expressly state shall be make payable by the SubadviserSub-Adviser. In particular, and without limiting the generality of the foregoingforegoing but subject to the provisions of Section 2, the Subadviser Sub-Adviser will not be required to pay under this Agreement: (a) the compensation and expenses of Trustees and of independent advisers, independent contractors, consultants, managers and other agents employed by the Trust or the Fund other than through the SubadviserSub-Adviser; (b) legal, accounting and auditing fees and expenses of the Trust or the Fund; (c) the fees and disbursements of custodians and depositories of the Trust or the Fund's assets, transfer agents, disbursing agents, plan agents and registrars; (d) taxes and governmental fees assessed against the Trust or the Fund's assets and payable by the Trust or the Fund; (e) the cost of preparing and mailing dividends, distributions, reports, notices and proxy materials to shareholders of the Trust or the Fund Fund, except that the Subadviser Sub-Adviser shall bear the costs of providing the information referred to in Section 2(k1(i) to the Adviser; (f) brokers' commissions and underwriting fees; and (g) the expense of periodic calculations of the net asset value of the shares of the Fund.

Expenses of the Fund. Not Paid by the SubadviserSub-Adviser. The Subadviser Sub-Adviser will not be required to pay any expenses which this Agreement does not expressly state shall be make payable by the SubadviserSub-Adviser. In particular, and without limiting the generality of the foregoingforegoing but subject to the provisions of Section 3, the Subadviser Sub-Adviser will not be required to pay under this Agreement: (a) the compensation and expenses of Trustees and of independent advisers, independent contractors, consultants, managers and other agents employed by the Trust or the Fund other than through the SubadviserSub-Adviser; (b) legal, accounting and auditing fees and expenses of the Trust or the Fund; (c) the fees and disbursements of custodians and depositories of the Trust or the Fund's assets, transfer agents, disbursing agents, plan agents and registrars; (d) taxes and governmental fees assessed against the Trust or the Fund's assets and payable by the Trust or the Fund; (e) the cost of preparing and mailing dividends, distributions, reports, notices and proxy materials to shareholders of the Trust or the Fund except that the Subadviser Sub-Adviser shall bear the costs of providing the information referred to in Section 2(k2(j) to the Adviser; (f) brokers' commissions and underwriting fees; and (g) the expense of periodic calculations of the net asset value of the shares of the Fund.

Expenses of the Fund. Not Paid by the Subadviser. The Subadviser will not be required to pay any expenses which this Agreement does not expressly state shall be payable by the Subadviser. In particular, and without limiting the generality of the foregoing, the Subadviser will not be required to pay under this Agreement: (a) the compensation and expenses of Trustees and of independent advisers, independent contractors, consultants, managers managers, other subadvisers and other agents employed by the Trust or the Fund other than through the Subadviser; (b) legal, accounting and auditing fees and expenses of the Trust or the Fund; (c) the fees and disbursements of custodians and depositories of the Trust or the Fund's assets, transfer agents, disbursing agents, plan agents and registrars; (d) taxes and governmental fees assessed against the Trust or the Fund's assets and payable by the Trust or the Fund; (e) the cost of preparing and mailing dividends, distributions, reports, notices and proxy materials to shareholders of the Trust or the Fund except that the Subadviser shall bear the costs of providing the information referred to in Section 2(k) to the Adviser; (f) brokers' commissions and underwriting fees; and (g) the expense of periodic calculations of the net asset value of the shares of the Fund.

Expenses of the Fund. Not Paid by the Subadviser. The Subadviser will not be required to pay any expenses which this Agreement does not expressly state shall be payable by the Subadviser. In particular, and without limiting the generality of the foregoing, the Subadviser will not be required to pay under this Agreement: (a) the compensation and expenses of Trustees and of independent advisers, independent contractors, consultants, managers and other agents employed by the Trust or the Fund other than through the Subadviser; (b) legal, accounting and auditing fees and expenses of the Trust or the Fund; (c) the fees and disbursements of custodians and depositories of the Trust or the Fund's assets, transfer agents, disbursing agents, plan agents and registrars; (d) taxes and governmental fees assessed against the Trust or the Fund's assets and payable by the Trust or the Fund; (e) the cost of preparing and mailing dividends, distributions, reports, notices and proxy materials to shareholders of the Trust or the Fund except that the Subadviser shall bear the costs of providing the information referred to in Section 2(k2(j) to the Adviser; (f) brokers' commissions and underwriting fees; and (g) the expense of periodic calculations of the net asset value of the shares of the Fund.

Expenses of the Fund. Not Paid by the Subadviser. The Subadviser will not be required to pay any expenses which this Agreement does not expressly state shall be payable by the Subadviser. In particular, and without limiting the generality of the foregoing, the Subadviser will not be required to pay under this Agreement: (a) the compensation and expenses of Trustees and of independent advisers, independent contractors, consultants, managers managers, other subadvirs and other agents employed by the Trust or the Fund other than through the Subadviser; (b) legal, accounting and auditing fees and expenses of the Trust or the Fund; (c) the fees and disbursements of custodians and depositories of the Trust or the Fund's assets, transfer agents, disbursing agents, plan agents and registrars; (d) taxes and governmental fees assessed against the Trust or the Fund's assets and payable by the Trust or the Fund; (e) the cost of preparing and mailing dividends, distributions, reports, notices and proxy materials to shareholders of the Trust or the Fund except that the Subadviser shall bear the costs of providing the information referred to in Section 2(k) to the Adviser; (f) brokers' commissions and underwriting fees; and (g) the expense of periodic calculations of the net asset value of the shares of the Fund.

Expenses of the Fund. Not Paid by the SubadviserSub-Adviser. The Subadviser Sub-Adviser will not be required to pay any expenses of the Fund which this Agreement does not expressly state shall be make payable by the SubadviserSub-Adviser. In particular, and without limiting the generality of the foregoingforegoing but subject to the provisions of Section 2, the Subadviser Sub-Adviser will not be required to pay under this Agreement: (a) the compensation and expenses of Trustees and of independent advisers, independent contractors, consultants, managers and other agents employed by the Trust or the Fund other than through the SubadviserSub-Adviser; (b) legal, accounting and auditing fees and expenses of the Trust or the Fund; (c) the fees and disbursements of custodians and depositories of the Trust or the Fund's assets, transfer agents, disbursing agents, plan agents and registrars; (d) taxes and governmental fees assessed against the Trust or the Fund's assets and payable by the Trust or the Fund; (e) the cost of preparing and mailing dividends, distributions, reports, notices and proxy materials to shareholders of the Trust or the Fund Fund, except that the Subadviser Sub-Adviser shall bear the costs of providing the information referred to in Section 2(k1(ix) to the Adviser; (f) brokers' commissions and underwriting fees; and (g) the expense of periodic calculations of the net asset value of the shares of the Fund.

Expenses of the Fund. Not Paid by the SubadviserSub-Adviser. The Subadviser Sub-Adviser will not be required to pay any expenses which this Agreement Contract does not expressly state shall be payable by the SubadviserSub-Adviser. In particular, and without limiting the generality of the foregoingforegoing but subject to the provisions of Section 3, the Subadviser Sub-Adviser will not be required to pay under this Agreementcontract: (a) the compensation and expenses of Trustees and of independent advisers, independent contractors, consultants, managers and other agents employed by the Trust or the Fund other than through the SubadviserSub-Adviser; (b) legal, accounting and auditing fees and expenses of the Trust or the Fund; (c) the fees and disbursements of custodians and depositories of the Trust or the Fund's assets, transfer agents, disbursing agents, plan agents and registrars; (d) taxes and governmental fees assessed against the Trust or the Fund's assets and payable by the Trust or the Fund; (e) the cost of preparing and mailing dividends, distributions, reports, notices and proxy materials to shareholders of the Trust or the Fund except that the Subadviser Sub-Adviser shall bear the costs of providing the information referred to in Section 2(k2(i) to the Adviser; (f) brokers' commissions and underwriting fees; and; (g) the expense of periodic calculations of the net asset value of the shares of the Fund.

Expenses of the Fund. Not Paid by the Subadviser. The Subadviser will not be required to pay any expenses which this Agreement does not expressly state shall be payable by the Subadviser. In particular, and without limiting the generality of the foregoing, the Subadviser will not be required to pay under this Agreement: (a) the compensation and expenses of Trustees and of independent advisers, independent contractors, consultants, managers and other agents employed by the Trust or the Fund other than through the Subadviser; (b) legal, accounting and auditing fees and expenses of the Trust or the Fund; (c) the fees and disbursements of custodians and depositories of the Trust or the Fund's assets, transfer agents, disbursing agents, plan agents and registrars; (d) taxes and governmental fees assessed against the Trust or the Fund's assets and payable by the Trust or the Fund; (e) the cost of preparing and mailing dividends, distributions, reports, notices and proxy materials to shareholders of the Trust or the Fund except that the Subadviser shall bear the costs of providing the information referred to in Section 2(k2(j) and (k) to the Adviser; (f) brokers' commissions and underwriting fees; and (g) the expense of periodic calculations of the net asset value of the shares of the Fund.

Expenses of the Fund. Not Paid by the SubadviserSub-Adviser. The Subadviser Sub-Adviser will -------------------------------------------------- not be required to pay any expenses of the Fund which this Agreement does not expressly state shall be make payable by the SubadviserSub-Adviser. In particular, and without limiting the generality of the foregoingforegoing but subject to the provisions of Section 2, the Subadviser Sub-Adviser will not be required to pay under this Agreement: (a) the compensation and expenses of Trustees and of independent advisers, independent contractors, consultants, managers and other agents employed by the Trust or the Fund other than through the SubadviserSub-Adviser; (b) legal, accounting and auditing fees and expenses of the Trust or the Fund; (c) the fees and disbursements of custodians and depositories of the Trust or the Fund's assets, transfer agents, disbursing agents, plan agents and registrars; (d) taxes and governmental fees assessed against the Trust or the Fund's assets and payable by the Trust or the Fund; (e) the cost of preparing and mailing dividends, distributions, reports, notices and proxy materials to shareholders of the Trust or the Fund Fund, except that the Subadviser Sub-Adviser shall bear the costs of providing the information referred to in Section 2(k1(i) to the Adviser; (f) brokers' commissions and underwriting fees; and (g) the expense of periodic calculations of the net asset value of the shares of the Fund.

Expenses of the Fund. Not Paid by the SubadviserSub-Adviser. ------------------------------------------------- The Subadviser Sub-Adviser will not be required to pay any expenses of the Fund which this Agreement does not expressly state shall be make payable by the SubadviserSub-Adviser. In particular, and without limiting the generality of the foregoingforegoing but subject to the provisions of Section 2, the Subadviser Sub-Adviser will not be required to pay under this Agreement: (a) the compensation and expenses of Trustees and of independent advisers, independent contractors, consultants, managers and other agents employed by the Trust or the Fund other than through the SubadviserSub-Adviser; (b) legal, accounting and auditing fees and expenses of the Trust or the Fund; (c) the fees and disbursements of custodians and depositories of the Trust or the Fund's assets, transfer agents, disbursing agents, plan agents and registrars; (d) taxes and governmental fees assessed against the Trust or the Fund's assets and payable by the Trust or the Fund; (e) the cost of preparing and mailing dividends, distributions, reports, notices and proxy materials to shareholders of the Trust or the Fund Fund, except that the Subadviser Sub-Adviser shall bear the costs of providing the information referred to in Section 2(k1(c) to the Adviser; (f) brokers' commissions and underwriting fees; and (g) the expense of periodic calculations of the net asset value of the shares of the Fund.

Expenses of the Fund. Not Paid by the Subadviser. The Subadviser will not be required to pay any expenses which this Agreement does not expressly state shall be payable by the Subadviser. In particular, and without limiting the generality of the foregoing, the Subadviser will not be required to pay under this Agreement: (a) the compensation and expenses of Trustees and of independent advisers, independent contractors, consultants, managers and other agents employed by the Trust or the Fund other than through the Subadviser; (b) legal, accounting and auditing fees and expenses of the Trust or the Fund; (c) the fees and disbursements of custodians and depositories of the Trust or the Fund's ' assets, transfer agents, disbursing agents, plan agents and registrars; (d) taxes and governmental fees assessed against the Trust or the Fund's assets and payable by the Trust or the Fund; (e) the cost of preparing and mailing dividends, distributions, reports, notices and proxy materials to shareholders of the Trust or the Fund except that the Subadviser shall bear the costs of providing the information referred to in Section 2(k) to the Adviser; (f) brokers' commissions and underwriting fees; and (g) the expense of periodic calculations of the net asset value of the shares of the Fund.

Expenses of the Fund. Not Paid by the SubadviserSub-Adviser. The Subadviser Sub-Adviser will not be required to pay any expenses which this Agreement does not expressly state shall be make payable by the SubadviserSub-Adviser. In particular, and without limiting the generality of the foregoingforegoing but subject to the provisions of Section 3, the Subadviser Sub-Adviser will not be required to pay under this Agreement: (a) the compensation and expenses of Trustees and of independent advisers, independent contractors, consultants, managers and other agents employed by the Trust or the Fund other than through the SubadviserSub-Adviser; (b) legal, accounting and auditing fees and expenses of the Trust or the Fund; (c) the fees and disbursements of custodians and depositories of the Trust or the Fund's assets, transfer agents, disbursing agents, plan agents and registrars; (d) taxes and governmental fees assessed against the Trust or the Fund's assets and payable by the Trust or the Fund; (e) the cost of preparing and mailing dividends, distributions, reports, notices notices, prospectuses and proxy materials to shareholders of the Trust or the Fund except that the Subadviser Sub-Adviser shall bear the costs of providing the information referred to in Section 2(k2(j) to the Adviser; (f) brokers' commissions and underwriting fees; and (g) the expense of periodic calculations of the net asset value of the shares of the Fund.

Expenses of the Fund. Not Paid by the SubadviserNOT PAID BY THE SUB-ADVISER. The Subadviser Sub-Adviser will not be required to pay any expenses which this Agreement Contract does not expressly state shall be payable by the SubadviserSub-Adviser. In particular, and without limiting the generality of the foregoingforegoing but subject to the provisions of Section 3, the Subadviser Sub-Adviser will not be required to pay under this Agreementcontract: (a) the compensation and expenses of Trustees and of independent advisers, independent contractors, consultants, managers and other agents employed by the Trust or the Fund other than through the SubadviserSub-Adviser; (b) legal, accounting and auditing fees and expenses of the Trust or the Fund; (c) the fees and disbursements of custodians and depositories of the Trust or the Fund's assets, transfer agents, disbursing agents, plan agents and registrars; (d) taxes and governmental fees assessed against the Trust or the Fund's assets and payable by the Trust or the Fund; (e) the cost of preparing and mailing dividends, distributions, reports, notices and proxy materials to shareholders of the Trust or the Fund except that the Subadviser Sub-Adviser shall bear the costs of providing the information referred to in Section 2(k2(i) to the Adviser; (f) brokers' commissions and underwriting fees; and; (g) the expense of periodic calculations of the net asset value of the shares of the Fund.

Expenses of the Fund. Not Paid by the SubadviserSub-Adviser. The Subadviser Sub-Adviser will not be required to pay any expenses of the Fund which this Agreement does not expressly state shall be make payable by the SubadviserSub-Adviser. In particular, and without limiting the generality of the foregoingforegoing but subject to the provisions of Section 2, the Subadviser Sub-Adviser will not be required to pay under this Agreement: (a) a. the compensation and expenses of Trustees and of independent advisers, independent contractors, consultants, managers and other agents employed by the Trust or the Fund other than through the SubadviserSub-Adviser; (b) b. legal, accounting and auditing fees and expenses of the Trust or the Fund; (c) c. the fees and disbursements of custodians and depositories of the Trust or the Fund's assets, transfer agents, disbursing agents, plan agents and registrars; (d) d. taxes and governmental fees assessed against the Trust or the Fund's assets and payable by the Trust or the Fund; (e) e. the cost of preparing and mailing dividends, distributions, reports, notices and proxy materials to shareholders of the Trust or the Fund Fund, except that the Subadviser Sub-Adviser shall bear the costs of providing the information referred to in Section 2(k1(h) to the Adviser; (f) f. brokers' commissions and underwriting fees; and (g) g. the expense of periodic calculations of the net asset value of the shares of the Fund.

Expenses of the Fund. Not Paid by the SubadviserSub-Adviser. The Subadviser Sub-Adviser will not be required to pay any expenses of the Fund which this Agreement does not expressly state shall be make payable by the SubadviserSub-Adviser. In particular, and without limiting the generality of the foregoingforegoing but subject to the provisions of Section 2, the Subadviser Sub-Adviser will not be required to pay under this Agreement: (a) the compensation and expenses of Trustees and of independent advisers, independent contractors, consultants, managers and other agents employed by the Trust or the Fund other than through the SubadviserSub-Adviser; (b) legal, accounting and auditing fees and expenses of the Trust or the Fund; (c) the fees and disbursements of custodians and depositories of the Trust or the Fund's assets, transfer agents, disbursing agents, plan agents and registrars; (d) taxes and governmental fees assessed against the Trust or the Fund's assets and payable by the Trust or the Fund; (e) the cost of preparing and mailing dividends, distributions, reports, notices and proxy materials to shareholders of the Trust or the Fund Fund, except that the Subadviser Sub-Adviser shall bear the costs of providing the information referred to in Section 2(k1(c) to the Adviser; (f) brokers' commissions and underwriting fees; and (g) the expense of periodic calculations of the net asset value of the shares of the Fund.