Common use of Expenses of the Portfolio Clause in Contracts

Expenses of the Portfolio. The Portfolio or Trust will pay, or will enter into arrangements that require third parties to pay, all expenses other than those expressly assumed by the Investment Adviser herein, which expenses payable by the Portfolio or Trust shall include: (a) Expenses of all audits by independent public accountants; (b) Expenses of transfer agent, registrar, dividend disbursing agent and shareholder recordkeeping services; (c) Expenses of custodial services including recordkeeping services provided by the custodian; (d) Expenses of obtaining quotations for calculating the value of the Portfolio's net assets; (e) Salaries and other compensation of any of its executive officers or employees, if any, who are not officers, directors, stockholders or employees of the Investment Adviser, the Administrator or the Distributor; (f) Taxes levied against the Portfolio; (g) Brokerage fees and commissions in connection with the purchase and sale of portfolio securities for the Portfolio; (h) Costs, including the interest expense, of borrowing money; (i) Costs and/or fees incident to Trustees and shareholder meetings of the Trust and the Portfolio, the preparation and mailings of prospectuses and reports of the Portfolio to its existing shareholders, the filing of reports with regulatory bodies, the maintenance of the Portfolio's legal existence, and the registration of shares with federal and state securities authorities; (j) Legal fees, including the legal fees related to the registration and continued qualification of the Portfolio's shares for sale; (k) Costs of printing any share certificates representing shares of the Portfolio; (l) Fees and expenses of Trustees who are not affiliated persons, as defined in the 1940 Act, of the Investment Adviser, any Sub-Adviser, the Distributor or any of their affiliates; and (m) Its pro rata portion of the fidelity bond required by Section 17(g) of the 1940 Act, or of other insurance premiums.

Expenses of the Portfolio. The Portfolio or Trust will pay, or will enter into arrangements that require third parties to pay, all expenses other than those expressly assumed by the Investment Co-Adviser herein, which expenses payable by the Portfolio or Trust shall include: (a) Expenses of all audits by independent public accountants; (b) Expenses of Investment Adviser, transfer agent, registrar, dividend disbursing agent and shareholder recordkeeping services; (c) Expenses of custodial services including recordkeeping services provided by the custodian; (d) Expenses of obtaining quotations for calculating the value of the Portfolio's net assets; (e) Salaries and other compensation of any of its executive officers or employees, if any, who are not officers, directors, stockholders or employees of the Investment Adviser, the Co-Adviser, the Administrator or the Distributor; (f) Taxes levied against the Portfolio; (g) Brokerage fees and commissions in connection with the purchase and sale of portfolio securities for the Portfolio; (h) Costs, including the interest expense, of borrowing money; (i) Costs and/or fees incident to Trustees and shareholder meetings of the Trust and the Portfolio, the preparation and mailings of prospectuses and reports of the Portfolio to its existing shareholders, the filing of reports with regulatory bodies, the maintenance of the Portfolio's legal existence, and the registration of shares with federal and state securities authorities; (j) Legal fees, including the legal fees related to the registration and continued qualification of the Portfolio's shares for sale; (k) Costs of printing any share certificates representing shares of the Portfolio; (l) Fees and expenses of Trustees who are not affiliated persons, as defined in the 1940 Act, of the Investment Co-Adviser, any Sub-the Investment Adviser, the Distributor or any of their affiliates; and (m) Its pro rata portion of the fidelity bond required by Section 17(g) of the 1940 Act, or of other insurance premiums.

Expenses of the Portfolio. The Portfolio or Trust will pay, or will ------------------------- enter into arrangements that require third parties to pay, all expenses other than those expressly assumed by the Investment Adviser herein, which expenses payable by the Portfolio or Trust shall include: (a) Expenses of all audits by independent public accountants; (b) Expenses of transfer agent, registrar, dividend disbursing agent and shareholder recordkeeping services; (c) Expenses of custodial services including recordkeeping services provided by the custodian; (d) Expenses of obtaining quotations for calculating the value of the Portfolio's net assets; (e) Salaries and other compensation of any of its executive officers or employees, if any, who are not officers, directors, stockholders or employees of the Investment Adviser, the Administrator or the Distributor; (f) Taxes levied against the Portfolio; (g) Brokerage fees and commissions in connection with the purchase and sale of portfolio securities for the Portfolio; (h) Costs, including the interest expense, of borrowing money; (i) Costs and/or fees incident to Trustees and shareholder meetings of the Trust and the Portfolio, the preparation and mailings of prospectuses and reports of the Portfolio to its existing shareholders, the filing of reports with regulatory bodies, the maintenance of the Portfolio's legal existence, and the registration of shares with federal and state securities authorities; (j) Legal fees, including the legal fees related to the registration and continued qualification of the Portfolio's shares for sale; (k) Costs of printing any share certificates representing shares of the Portfolio; (l) Fees and expenses of Trustees who are not affiliated persons, as defined in the 1940 Act, of the Investment Adviser, any Sub-Sub- Adviser, the Distributor or any of their affiliates; and (m) Its pro rata portion of the fidelity bond required by Section 17(g) of the 1940 Act, or of other insurance premiums.

Expenses of the Portfolio. The Portfolio or Trust will pay, or will enter into arrangements that require third parties to pay, all expenses other than those expressly assumed by the Investment Adviser herein, which expenses payable by the Portfolio or Trust shall include: (a) Expenses of all audits by independent public accountants; (b) Expenses of transfer agent, registrar, dividend disbursing agent and shareholder recordkeeping services; (c) Expenses of custodial services including recordkeeping services provided by the custodian; (d) Expenses of obtaining quotations for calculating the value of the Portfolio's net assets; (e) Salaries and other compensation of any of its executive officers or employees, if any, who are not officers, directors, stockholders or employees of the Investment Adviser, the Administrator or the Distributor; (f) Taxes levied against the Portfolio; (g) Brokerage fees and commissions in connection with the purchase and sale of portfolio securities for the Portfolio; (h) Costs, including the interest expense, of borrowing money; (i) Costs and/or fees incident to Trustees and shareholder meetings of the Trust and the Portfolio, the preparation and mailings of prospectuses and reports of the Portfolio to its existing shareholders, the filing of reports with regulatory bodies, the maintenance of the Portfolio's legal existence, and the registration of shares with federal and state securities authorities; (j) Legal fees, including the legal fees related to the registration and continued qualification of the Portfolio's shares for sale; (k) Costs of printing any share certificates representing shares of the Portfolio; (l) Fees and expenses of Trustees who are not affiliated persons, as defined in the 1940 Act, of the Investment Adviser, any Sub-Sub- Adviser, the Distributor or any of their affiliates; and (m) Its pro rata portion of the fidelity bond required by Section 17(g) of the 1940 Act, or of other insurance premiums.

Expenses of the Portfolio. The Portfolio or Trust will pay, or will ------------------------- enter into arrangements that require third parties to pay, all expenses other than those expressly assumed by the Investment Adviser herein, which expenses payable by the Portfolio or Trust shall include: (a) Expenses of all audits by independent public accountants; (b) Expenses of the Co-Adviser, transfer agent, registrar, dividend disbursing agent and shareholder recordkeeping services; (c) Expenses of custodial services including recordkeeping services provided by the custodian; (d) Expenses of obtaining quotations for calculating the value of the Portfolio's net assets; (e) Salaries and other compensation of any of its executive officers or employees, if any, who are not officers, directors, stockholders or employees of the Investment Adviser, the Administrator administrator or the Distributordistributor; (f) Taxes levied against the Portfolio; (g) Brokerage fees and commissions in connection with the purchase and sale of portfolio securities for the Portfolio; (h) Costs, including the interest expense, of borrowing money; (i) Costs and/or fees incident to Trustees and shareholder meetings of the Trust and the Portfolio, the preparation and mailings of prospectuses and reports of the Portfolio to its existing shareholders, the filing of reports with regulatory bodies, the maintenance of the Portfolio's legal existence, and the registration of shares with federal and state securities authorities; (j) Legal feesfees in connection with the representation of the Trust and/or Portfolio, including the legal fees related to the registration and continued qualification of the Portfolio's shares for sale; (k) Costs of printing any share certificates representing shares of the Portfolio; (l) Fees and expenses of Trustees who are not affiliated persons, as defined in the 1940 Act, of the Investment Adviser, any Sub-the Co- Adviser, the Distributor distributor or any of their affiliates; and (m) Its pro rata portion of the fidelity bond required by Section 17(g) of the 1940 Act, or of other insurance premiums.

Expenses of the Portfolio. The Portfolio or Trust will pay, or will enter into arrangements that require third parties to pay, all expenses other than those expressly assumed by the Investment Adviser herein, which expenses payable by the Portfolio or Trust shall include: (a) Expenses of all audits by independent public accountants; (b) Expenses of the Co-Adviser, transfer agent, registrar, dividend disbursing agent and shareholder recordkeeping services; (c) Expenses of custodial services including recordkeeping services provided by the custodian; (d) Expenses of obtaining quotations for calculating the value of the Portfolio's net assets; (e) Salaries and other compensation of any of its executive officers or employees, if any, who are not officers, directors, stockholders or employees of the Investment Adviser, the Administrator administrator or the Distributordistributor; (f) Taxes levied against the Portfolio; (g) Brokerage fees and commissions in connection with the purchase and sale of portfolio securities for the Portfolio; (h) Costs, including the interest expense, of borrowing money; (i) Costs and/or fees incident to Trustees and shareholder meetings of the Trust and the Portfolio, the preparation and mailings of prospectuses and reports of the Portfolio to its existing shareholders, the filing of reports with regulatory bodies, the maintenance of the Portfolio's legal existence, and the registration of shares with federal and state securities authorities; (j) Legal feesfees in connection with the representation of the Trust and/or Portfolio, including the legal fees related to the registration and continued qualification of the Portfolio's shares for sale; (k) Costs of printing any share certificates representing shares of the Portfolio; (l) Fees and expenses of Trustees who are not affiliated persons, as defined in the 1940 Act, of the Investment Adviser, any Subthe Co-Adviser, the Distributor distributor or any of their affiliates; and (m) Its pro rata portion of the fidelity bond required by Section 17(g) of the 1940 Act, or of other insurance premiums.

Expenses of the Portfolio. The Portfolio or Trust will pay, or will ------------------------- enter into arrangements that require third parties to pay, all expenses other than those expressly assumed by the Investment Adviser herein, which expenses payable by the Portfolio or Trust shall include: (a) Expenses of all audits by independent public accountants; (b) Expenses of transfer agent, registrar, dividend disbursing agent and shareholder recordkeeping services; (c) Expenses of custodial services including recordkeeping services provided by the custodian; (d) Expenses of obtaining quotations for calculating the value of the Portfolio's net assets; (e) Salaries and other compensation of any of its executive officers or employees, if any, who are not officers, directors, stockholders or employees of the Investment Adviser, the Administrator or the Distributor; (f) Taxes levied against the Portfolio; (g) Brokerage fees and commissions in connection with the purchase and sale of portfolio securities for the Portfolio; (h) Costs, including the interest expense, of borrowing money; (i) Costs and/or fees incident to Trustees and shareholder meetings of the Trust and the Portfolio, the preparation and mailings of prospectuses and reports of the Portfolio to its existing shareholders, the filing of reports with regulatory bodies, the maintenance of the Portfolio's legal existence, and the registration of shares with federal and state securities authorities; (j) Legal fees, including the legal fees related to the registration and continued qualification of the Portfolio's shares for sale; (k) Costs of printing any share certificates representing shares of the Portfolio; (l) Fees and expenses of Trustees who are not affiliated persons, as defined in the 1940 Act, of the Investment Adviser, any Sub-Adviser, the Distributor or any of their affiliates; and (m) Its pro rata portion of the fidelity bond required by Section 17(g) of the 1940 Act, or of other insurance premiums.

Expenses of the Portfolio. The Portfolio or Trust will pay, or will enter into arrangements that require third parties to pay, all expenses other than those expressly assumed by the Investment Adviser herein, which expenses payable by the Portfolio or Trust shall include: (a) Expenses of all audits by independent public accountants; (b) Expenses of transfer agent, registrar, dividend disbursing agent and shareholder recordkeeping services; (c) Expenses of custodial services including recordkeeping services provided by the custodian; (d) Expenses of obtaining quotations for calculating the value of the Portfolio's net assets; ; (e) Salaries and other compensation of any of its executive officers or employees, if any, who are not officers, directors, stockholders or employees of the Investment Adviser, the Administrator or the Distributor; ; (f) Taxes levied against the Portfolio; ; (g) Brokerage fees and commissions in connection with the purchase and sale of portfolio securities for the Portfolio; ; (h) Costs, including the interest expense, of borrowing money; ; (i) Costs and/or fees incident to Trustees and shareholder meetings of the Trust and the Portfolio, the preparation and mailings of prospectuses and reports of the Portfolio to its existing shareholders, the filing of reports with regulatory bodies, the maintenance of the Portfolio's legal existence, and the registration of shares with federal and state securities authorities; (j) Legal fees, including the legal fees related to the registration and continued qualification of the Portfolio's shares for sale; ; (k) Costs of printing any share certificates representing shares of the Portfolio; (l) Fees and expenses of Trustees who are not affiliated persons, as defined in the 1940 Act, of the Investment Adviser, any Sub-Adviser, the Distributor or any of their affiliates; and (m) Its pro rata portion of the fidelity bond required by Section 17(g) of the 1940 Act, or of other insurance premiums.

Expenses of the Portfolio. The Portfolio or Trust will pay, or will enter into arrangements that require third parties to pay, all expenses other than those expressly assumed by the Investment Co-Adviser herein, which expenses payable by the Portfolio or Trust shall include: (a) Expenses of all audits by independent public accountants; (b) Expenses of transfer agent, registrar, dividend disbursing agent and shareholder recordkeeping services; (c) Expenses of custodial services including recordkeeping services provided by the custodian; (d) Expenses of obtaining quotations for calculating the value of the Portfolio's net assets; (e) Salaries and other compensation of any of its executive officers or employees, if any, who are not officers, directors, stockholders or employees of the Investment Co-Adviser, the Administrator or the Distributor; (f) Taxes levied against the Portfolio; (g) Brokerage fees and commissions in connection with the purchase and sale of portfolio securities for the Portfolio; (h) Costs, including the interest expense, of borrowing money; (i) Costs and/or fees incident to Trustees and shareholder meetings of the Trust and the Portfolio, the preparation and mailings of prospectuses and reports of the Portfolio to its existing shareholders, the filing of reports with regulatory bodies, the maintenance of the Portfolio's legal existence, and the registration of shares with federal and state securities authorities; (j) Legal fees, including the legal fees related to the registration and continued qualification of the Portfolio's shares for sale; (k) Costs of printing any share certificates representing shares of the Portfolio; (l) Fees and expenses of Trustees who are not affiliated persons, as defined in the 1940 Act, of the Investment Co-Adviser, any Sub-the Investment Adviser, the Distributor or any of their affiliates; and (m) Its pro rata portion of the fidelity bond required by Section 17(g) of the 1940 Act, or of other insurance premiums.

Expenses of the Portfolio. The Portfolio or Trust will pay, or will enter into arrangements that require third parties to pay, all expenses other than those expressly assumed by the Investment Adviser herein, which expenses payable by the Portfolio or Trust shall include: (a) Expenses of all audits by independent public accountants; (b) Expenses of the Co-Adviser, transfer agent, registrar, dividend disbursing agent and shareholder recordkeeping services; (c) Expenses of custodial services including recordkeeping services provided by the custodian; (d) Expenses of obtaining quotations for calculating the value of the Portfolio's net assets; (e) Salaries and other compensation of any of its executive officers or employees, if any, who are not officers, directors, stockholders or employees of the Investment Adviser, the Administrator administrator or the Distributordistributor; (f) Taxes levied against the Portfolio; (g) Brokerage fees and commissions in connection with the purchase and sale of portfolio securities for the Portfolio; (h) Costs, including the interest expense, of borrowing money; (i) Costs and/or fees incident to Trustees and shareholder meetings of the Trust and the Portfolio, the preparation and mailings of prospectuses and reports of the Portfolio to its existing shareholders, the filing of reports with regulatory bodies, the maintenance of the Portfolio's legal existence, and the registration of shares with federal and state securities authorities; (j) Legal feesfees in connection with the representation of the Trust and/or Portfolio, including the legal fees related to the registration and continued qualification of the Portfolio's shares for sale; (k) Costs of printing any share certificates representing shares of the Portfolio; (l) Fees and expenses of Trustees who are not affiliated persons, as defined in the 1940 Act, of the Investment Adviser, any Subthe Co-Adviser, the Distributor distributor or any of their affiliates; andand 6 (m) Its pro rata portion of the fidelity bond required by Section 17(g) of the 1940 Act, or of other insurance premiums.

Expenses of the Portfolio. The Portfolio or Trust will pay, or will enter into arrangements that require third parties to pay, all expenses other than those expressly assumed by the Investment Adviser herein, which expenses payable by the Portfolio or Trust shall include: (a) Expenses of all audits by independent public accountants; (b) Expenses of the Co-Adviser, transfer agent, registrar, dividend disbursing agent and shareholder recordkeeping services; (c) Expenses of custodial services including recordkeeping services provided by the custodian; (d) Expenses of obtaining quotations for calculating the value of the Portfolio's net assets; (e) Salaries and other compensation of any of its executive officers or employees, if any, who are not officers, directors, stockholders or employees of the Investment Adviser, the Administrator administrator or the Distributordistributor; (f) Taxes levied against the Portfolio; (g) Brokerage fees and commissions in connection with the purchase and sale of portfolio securities for the Portfolio; (h) Costs, including the interest expense, of borrowing money; (i) Costs and/or fees incident to Trustees and shareholder meetings of the Trust and the Portfolio, the preparation and mailings of prospectuses and reports of the Portfolio to its existing shareholders, the filing of reports with regulatory bodies, the maintenance of the Portfolio's legal existence, and the registration of shares with federal and state securities authorities; (j) Legal feesfees in connection with the representation of the Trust and/or Portfolio, including the legal fees related to the registration and continued qualification of the Portfolio's shares for sale; (k) Costs of printing any share certificates representing shares of the Portfolio; (l) Fees and expenses of Trustees who are not affiliated persons, as defined in the 1940 Act, of the Investment Adviser, any Sub-Adviser, the Distributor distributor or any of their affiliates; and (m) Its pro rata portion of the fidelity bond required by Section 17(g) of the 1940 Act, or of other insurance premiums.

Expenses of the Portfolio. The Portfolio or Trust will pay, or will ------------------------- enter into arrangements that require third parties to pay, all expenses other than those expressly assumed by the Investment Co-Adviser herein, which expenses payable by the Portfolio or Trust shall include: (a) Expenses of all audits by independent public accountants; (b) Expenses of Investment Adviser, transfer agent, registrar, dividend disbursing agent and shareholder recordkeeping services; (c) Expenses of custodial services including recordkeeping services provided by the custodian; (d) Expenses of obtaining quotations for calculating the value of the Portfolio's net assets; (e) Salaries and other compensation of any of its executive officers or employees, if any, who are not officers, directors, stockholders or employees of the Investment Adviser, the Co- Adviser, the Administrator or the Distributor; (f) Taxes levied against the Portfolio; (g) Brokerage fees and commissions in connection with the purchase and sale of portfolio securities for the Portfolio; (h) Costs, including the interest expense, of borrowing money; (i) Costs and/or fees incident to Trustees and shareholder meetings of the Trust and the Portfolio, the preparation and mailings of prospectuses and reports of the Portfolio to its existing shareholders, the filing of reports with regulatory bodies, the maintenance of the Portfolio's legal existence, and the registration of shares with federal and state securities authorities; (j) Legal fees, including the legal fees related to the registration and continued qualification of the Portfolio's shares for sale; (k) Costs of printing any share certificates representing shares of the Portfolio; (l) Fees and expenses of Trustees who are not affiliated persons, as defined in the 1940 Act, of the Investment Co-Adviser, any Sub-the Investment Adviser, the Distributor or any of their affiliates; and (m) Its pro rata portion of the fidelity bond required by Section 17(g) of the 1940 Act, or of other insurance premiums.

Expenses of the Portfolio. The Portfolio or Trust will pay, or will ------------------------- enter into arrangements that require third parties to pay, all expenses other than those expressly assumed by the Investment Co-Adviser herein, which expenses payable by the Portfolio or Trust shall include: (a) Expenses of all audits by independent public accountants; (b) Expenses of Investment Adviser, transfer agent, registrar, dividend disbursing agent and shareholder recordkeeping services; (c) Expenses of custodial services including recordkeeping services provided by the custodian; (d) Expenses of obtaining quotations for calculating the value of the Portfolio's net assets; (e) Salaries and other compensation of any of its executive officers or employees, if any, who are not officers, directors, stockholders or employees of the Investment Adviser, the Co- Adviser, the Administrator or the Distributor; (f) Taxes levied against the Portfolio; (g) Brokerage fees and commissions in connection with the purchase and sale of portfolio securities for the Portfolio; (h) Costs, including the interest expense, of borrowing money; (i) Costs and/or fees incident to Trustees and shareholder meetings of the Trust and the Portfolio, the preparation and mailings of prospectuses and reports of the Portfolio to its existing shareholders, the filing of reports with regulatory bodies, the maintenance of the Portfolio's legal existence, and the registration of shares with federal and state securities authorities; (j) Legal fees, including the legal fees related to the registration and continued qualification of the Portfolio's shares for sale; (k) Costs of printing any share certificates representing shares of the Portfolio; (l) Fees and expenses of Trustees who are not affiliated persons, as defined in the 1940 Act, of the Investment Co-Adviser, any Sub-the Investment Adviser, the Distributor or any of their affiliates; and (m) Its pro rata portion of the fidelity bond required by Section section 17(g) of the 1940 Act, or of other insurance premiums.

Expenses of the Portfolio. The Portfolio or Trust will pay, or will --------------------------- enter into arrangements that require third parties to pay, all expenses other than those expressly assumed by the Investment Adviser herein, which expenses payable by the Portfolio or Trust shall include: (a) Expenses of all audits by independent public accountants; (b) Expenses of transfer agent, registrar, dividend disbursing agent and shareholder recordkeeping services; (c) Expenses of custodial services including recordkeeping services provided by the custodian; (d) Expenses of obtaining quotations for calculating the value of the Portfolio's net assets; (e) Salaries and other compensation of any of its executive officers or employees, if any, who are not officers, directors, stockholders or employees of the Investment Adviser, the Administrator or the Distributor; (f) Taxes levied against the Portfolio; (g) Brokerage fees and commissions in connection with the purchase and sale of portfolio securities for the Portfolio; (h) Costs, including the interest expense, of borrowing money; (i) Costs and/or fees incident to Trustees and shareholder meetings of the Trust and the Portfolio, the preparation and mailings of prospectuses and reports of the Portfolio to its existing shareholders, the filing of reports with regulatory bodies, the maintenance of the Portfolio's legal existence, and the registration of shares with federal and state securities authorities; (j) Legal fees, including the legal fees related to the registration and continued qualification of the Portfolio's shares for sale; (k) Costs of printing any share certificates representing shares of the Portfolio; (l1) Fees and expenses of Trustees who are not affiliated persons, as defined in the 1940 Act, of the Investment Adviser, any Sub-Sub- Adviser, the Distributor or any of their affiliates; and (m) Its pro rata portion of the fidelity bond required by Section 17(g) of the 1940 Act, or of other insurance premiums.