Common use of Expenses Paid by the Trust Clause in Contracts

Expenses Paid by the Trust. The Trust assumes and shall pay all expenses incidental to its operations and business not specifically assumed or agreed to be paid by Xxxxxx Associates hereunder or otherwise, including, but not limited to, any compensation, fees or reimbursements which the Trust pays to its Trustees who are not interested persons of Xxxxxx Associates; compensation of the Fund's custodian, transfer agent, registrar and dividend disbursing agent and other service providers; legal, accounting, audit and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with execution of portfolio transactions (including any appropriate commissions paid to Xxxxxx Associates or its affiliates for effecting exchange listed, over-the-counter or other securities transactions); interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); costs of stock certificates and expenses of delivering such certificates to the purchasers thereof; expenses of local representation in Delaware; expenses of shareholders' meetings and of preparing, printing and distributing proxy statements, notices, and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer or sale of shares of the Fund, including, but not limited to, all costs involved in preparing, printing and mailing prospectuses and statements of additional information to shareholders of the Fund; and all fees, dues and other expenses incurred by the Trust in connection with the membership of the Trust in any trade association or other investment company organization. To the extent that Xxxxxx Associates shall perform any of the above described administrative and clerical functions, including transfer agency, registry, dividend disbursing, recordkeeping, bookkeeping, accounting and blue sky monitoring and registration functions, and the preparation of reports and returns, the Trust shall pay to Xxxxxx Associates compensation for, or reimburse Xxxxxx Associates for its expenses incurred in connection with, such services as Xxxxxx Associates and the Trust shall agree from time to time, any other provision of this Agreement notwithstanding.

Expenses Paid by the Trust. The Trust assumes and shall pay all expenses incidental to its operations and business not specifically assumed or agreed to be paid by Xxxxxx Associates Janus Capital hereunder or otherwise, including, but not limited to, any compensation, fees or reimbursements which the Trust pays to its Trustees who are not interested persons of Xxxxxx AssociatesBerger Associates or Janus Capital; compensation of the Fund's custodianFund'x xxxxodian, transfer agent, registrar and dividend disbursing agent and other service providers; legal, accounting, audit and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with execution of portfolio transactions (including any appropriate commissions paid to Xxxxxx Associates Janus Capital or its affiliates for effecting exchange listed, over-the-counter or other securities transactions); interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); costs of stock certificates and expenses of delivering such certificates to the purchasers thereof; expenses of local representation in Delaware; expenses of shareholders' meetings and of preparing, printing and distributing proxy statements, notices, and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer or sale of shares of the Fund, including, but not limited to, all costs involved in preparing, printing and mailing prospectuses and statements of additional information to shareholders of the Fund; and all fees, dues and other expenses incurred by the Trust in connection with the membership of the Trust in any trade association or other investment company organization. To the extent that Xxxxxx Associates Janus Capital shall perform any of the above described administrative and clerical functions, including transfer agency, registry, dividend disbursing, recordkeeping, bookkeeping, accounting and blue sky monitoring and registration functions, and the preparation of reports and returns, the Trust shall pay to Xxxxxx Associates Janus Capital compensation for, or reimburse Xxxxxx Associates Janus Capital for its expenses incurred in connection with, such services as Xxxxxx Associates Janus Capital and the Trust shall agree from time to time, any other provision of this Agreement notwithstanding.

Expenses Paid by the Trust. The Trust assumes and shall pay all expenses incidental to its operations and business not specifically assumed or agreed to be paid by Xxxxxx Associates Janus Capital hereunder or otherwise, including, but not limited to, any compensation, fees or reimbursements which the Trust pays to its Trustees Trusteess who are not interested persons of Xxxxxx AssociatesBerger Associates or Janus Capital; compensation xxxxensation of the Fund's custodian, transfer agent, registrar and dividend disbursing agent and other service providers; legal, accounting, audit and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with execution of portfolio transactions (including any appropriate commissions paid to Xxxxxx Associates Janus Capital or its affiliates for effecting exchange listed, over-the-counter or other securities transactions); interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); costs of stock certificates and expenses of delivering such certificates to the purchasers thereof; expenses of local representation in Delaware; expenses of shareholders' meetings and of preparing, printing and distributing proxy statements, notices, and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer or sale of shares of the Fund, including, but not limited to, all costs involved in preparing, printing and mailing prospectuses and statements of additional information to shareholders of the Fund; and all fees, dues and other expenses incurred by the Trust in connection with the membership of the Trust in any trade association or other investment company organization. To the extent that Xxxxxx Associates Janus Capital shall perform any of the above described administrative and clerical functions, including transfer agency, registry, dividend disbursing, recordkeeping, bookkeeping, accounting and blue sky monitoring and registration functions, and the preparation of reports and returns, the Trust shall pay to Xxxxxx Associates Janus Capital compensation for, or reimburse Xxxxxx Associates Janus Capital for its expenses incurred in connection with, such services as Xxxxxx Associates Janus Capital and the Trust shall agree from time to time, any other provision of this Agreement notwithstanding.

Expenses Paid by the Trust. The following expenses relating to the operation and management of the Trust assumes and shall pay all expenses incidental to its operations and business not specifically assumed or agreed to be paid by Xxxxxx Associates hereunder the Trust: (a) Underwriting, brokerage, listing, reporting, registration and other fees, and printing, engraving and other expenses and taxes incurred in connection with the issuance, distribution, transfer, trading, registration and securities exchange or otherwise, including, but not limited to, any compensation, fees or reimbursements which quotation system listing of the Trust pays Trust's securities; (b) Fees and expenses paid to its Trustees members of the Board who are not interested persons of Xxxxxx Associates; compensation affiliated with the Advisor, independent advisors, consultants and other agents employed by or on behalf of the Fund's custodianTrust; (c) The cost of borrowed money; (d) Third party expenses directly connected with the acquisition, transfer agentdisposition, registrar ownership and dividend disbursing agent operation of real estate interests or other property (including the costs of foreclosure, insurance premiums, legal services, brokerage and other service providers; legalsales commissions, accounting, audit taxes and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions assessments on real property and all other taxes, utilities, maintenance, repair and improvement of property and expenses for which reimbursement or payment by the Trust is provided for under the Property Management Agreements); (e) Third party expenses connected with payments of dividends or interest or distributions in cash or any other form made to beneficiaries of the Trust; (f) All third party expenses connected with communications to the beneficiaries of the Trust including with the proxy solicitation materials and reports to holders of the Trust's beneficial interests; (g) Transfer agent's, registrar's and indenture trustee's fees and charges; (h) Legal, investment banking, and external accounting, auditing and tax return preparation fees and expenses; (i) Directors and officers liability insurance costs; (j) All expenses in connection with execution of portfolio transactions the beneficiaries' meetings; (including any appropriate commissions paid k) All expenses relating to Xxxxxx Associates or its affiliates for effecting exchange listed, over-the-counter or other securities transactions); interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); costs of stock certificates and expenses of delivering such certificates to the purchasers thereof; expenses of local representation in Delaware; expenses of shareholders' meetings and of preparing, printing and distributing proxy statements, notices, and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer or sale of shares of the Fund, including, but not limited to, all costs involved in preparing, printing and mailing prospectuses and statements of additional information to shareholders of the Fund; and all fees, dues and other expenses incurred by the Trust in connection with the membership of the Trust in any trade association or other investment company organization. To similar association; and (l) expenses relating to the extent that Xxxxxx Associates shall perform any employment of one full-time analyst, to be chosen at the discretion of the above described administrative and clerical functionsAdvisor at a maximum salary of up to $125,000 per annum (subject to increase upon review by the Trust's Board of Trustees), including transfer agency, registry, dividend disbursing, recordkeeping, bookkeeping, accounting and blue sky monitoring and registration functions, and the preparation for every $250 million of reports and returns, the Trust shall pay to Xxxxxx Associates compensation for, or reimburse Xxxxxx Associates for its expenses incurred in connection with, such services as Xxxxxx Associates and the Trust shall agree from time to time, any other provision of this Agreement notwithstandingGross Asset Value.

Expenses Paid by the Trust. The Trust assumes and shall pay all expenses incidental to its operations and business not specifically assumed or agreed to be paid by Xxxxxx Associates hereunder Bergxx xxxeunder or otherwise, including, but not limited to, any compensation, fees or reimbursements which the Trust pays to its Trustees who are not interested persons of Xxxxxx AssociatesBergxx; compensation xxmpensation of the Fund's custodian, transfer agent, registrar and dividend disbursing agent and other service providers; legal, accounting, audit and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with execution of portfolio transactions (including any appropriate commissions paid to Xxxxxx Associates or Bergxx xx its affiliates for effecting exchange listed, over-the-counter or other securities transactions); interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); costs of stock certificates and expenses of delivering such certificates to the purchasers thereof; expenses of local representation in Delaware; expenses of shareholders' meetings and of preparing, printing and distributing proxy statements, notices, and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer or sale of shares of the Fund, including, but not limited to, all costs involved in preparing, printing and mailing prospectuses and statements of additional information to shareholders of the Fund; and all fees, dues and other expenses incurred by the Trust in connection with the membership of the Trust in any trade association or other investment company organization. To the extent that Xxxxxx Associates shall Bergxx xxxll perform any of the above described administrative and clerical functions, including transfer agency, registry, dividend disbursing, recordkeeping, bookkeeping, accounting and blue sky monitoring and registration functions, and the preparation of reports and returns, the Trust shall pay to Xxxxxx Associates compensation Bergxx xxxpensation for, or reimburse Xxxxxx Associates for Bergxx xxx its expenses incurred in connection with, such services as Xxxxxx Associates and Bergxx xxx the Trust shall agree from time to time, any other provision of this Agreement notwithstanding.

Expenses Paid by the Trust. The Trust assumes and shall pay all expenses incidental to its operations and business not specifically assumed or agreed to be paid by Xxxxxx Associates hereunder Berxxx xxreunder or otherwise, including, but not limited to, any compensation, fees or reimbursements which the Trust pays to its Trustees who are not interested persons of Xxxxxx AssociatesBerxxx; compensation xompensation of the Fund's custodian, transfer agent, registrar and dividend disbursing agent and other service providers; legal, accounting, audit and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with execution of portfolio transactions (including any appropriate commissions paid to Xxxxxx Associates or Berxxx xx its affiliates for effecting exchange listed, over-the-counter or other securities transactions); interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); costs of stock certificates and expenses of delivering such certificates to the purchasers thereof; expenses of local representation in Delaware; expenses of shareholders' meetings and of preparing, printing and distributing proxy statements, notices, and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer or sale of shares of the Fund, including, but not limited to, all costs involved in preparing, printing and mailing prospectuses and statements of additional information to shareholders of the Fund; and all fees, dues and other expenses incurred by the Trust in connection with the membership of the Trust in any trade association or other investment company organization. To the extent that Xxxxxx Associates shall Berxxx xxall perform any of the above described administrative and clerical functions, including transfer agency, registry, dividend disbursing, recordkeeping, bookkeeping, accounting and blue sky monitoring and registration functions, and the preparation of reports and returns, the Trust shall pay to Xxxxxx Associates compensation Berxxx xxmpensation for, or reimburse Xxxxxx Associates for Berxxx xxr its expenses incurred in connection with, such services as Xxxxxx Associates and Berxxx xxd the Trust shall agree from time to time, any other provision of this Agreement notwithstanding.

Expenses Paid by the Trust. The Trust assumes and shall pay all expenses incidental to its operations and business not specifically assumed or agreed cause to be paid by Xxxxxx Associates hereunder or otherwiseall other expenses of the Trust, including without limitation: all costs and expenses directly related to portfolio transactions and positions for the Trust’s account, including, but not limited to, any compensationbrokerage commissions, research fees, interest and commitment fees or reimbursements which on loans and debit balances, borrowing charges on securities sold short, dividends on securities sold but not yet purchased, custodial fees, margin fees, transfer taxes and premiums, taxes withheld on foreign dividends and indirect expenses from investments in portfolio securities; all costs and expenses associated with the registration of the Trust pays under, and compliance with, any applicable federal or state laws; attorneys’ fees and disbursements associated with updating the Trust’s registration statement, prospectus and other offering related documents; the costs and expenses of holding meetings of the Board and any meetings of Shareholders, including legal costs associated with the preparation and filing of proxy materials; the fees and disbursements of the Trust’s counsel, legal counsel to its Trustees the Board trustees who are not “interested persons of Xxxxxx Associates; compensation persons” (as defined in the 0000 Xxx) of the Fund's custodianTrust or the Adviser, transfer agent, registrar and dividend disbursing agent independent accounts for the Trust and other consultants and professionals engaged on behalf of the Trust; the management fee paid by the Trust to the Adviser; the fees payable to various service providers pursuant to the Trust’s agreements with those providers; legal, accounting, audit the costs of a fidelity bond and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with execution any liability insurance obtained on behalf of portfolio transactions (including any appropriate commissions paid to Xxxxxx Associates the Trust or its affiliates for effecting exchange listed, over-the-counter or other securities transactions); interestthe Adviser; all federal, state costs and local taxes (including stamp, excise, income and franchise taxes); costs of stock certificates and expenses of delivering such certificates to the purchasers thereof; expenses of local representation in Delaware; expenses of shareholders' meetings and expense of preparing, setting in type, printing and distributing proxy statements, notices, and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authoritiesother communications to the Shareholders; all expenses incurred of computing the Trust’s net asset value, including any equipment or services obtained for these purposes; all charges for equipment or services used in complying with all federal communicating information regarding the Trust’s transactions among the Adviser and state laws and any custodian or other agent engaged by the laws of any foreign country applicable to the issue, offer or sale of shares of the Fund, including, but not limited to, all costs involved in preparing, printing and mailing prospectuses and statements of additional information to shareholders of the FundTrust; and all fees, dues and such other types of expenses incurred by the Trust in connection with the membership of the Trust in any trade association or other investment company organization. To the extent that Xxxxxx Associates shall perform any of the above described administrative and clerical functions, including transfer agency, registry, dividend disbursing, recordkeeping, bookkeeping, accounting and blue sky monitoring and registration functions, and the preparation of reports and returns, the Trust shall pay to Xxxxxx Associates compensation for, or reimburse Xxxxxx Associates for its expenses incurred in connection with, such services as Xxxxxx Associates and the Trust shall agree may be approved from time to time, any other provision of this Agreement notwithstandingtime by the Board.

Expenses Paid by the Trust. The Trust assumes and shall pay all expenses incidental to its operations and business not specifically assumed or agreed to be paid by Xxxxxx Associates Berger hereunder or otherwise, including, but not limited to, any compensationxxxxxxsation, fees or reimbursements which the Trust pays to its Trustees who are not interested persons of Xxxxxx AssociatesTrustees; compensation of the Fund's custodian, transfer agent, registrar and dividend disbursing agent and other service providers; legal, accounting, audit and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with execution of portfolio transactions (including any appropriate commissions paid to Xxxxxx Associates Berger or its affiliates for effecting exchange listed, over-the-counter cxxxxxx or other securities transactions); interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); costs of stock certificates and expenses of delivering such certificates to the purchasers thereof; expenses of local representation in Delaware; expenses of shareholders' meetings and of preparing, printing and distributing proxy statements, notices, and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer or sale of shares of the Fund, including, but not limited to, all costs involved in preparing, printing and mailing prospectuses and statements of additional information to shareholders of the Fund; and all fees, dues and other expenses incurred by the Trust in connection with the membership of the Trust in any trade association or other investment company organization. To the extent that Xxxxxx Associates Berger shall perform any of the above described administrative and clerical xxxxxcal functions, including transfer agency, registry, dividend disbursing, recordkeeping, bookkeeping, accounting and blue sky monitoring and registration functions, and the preparation of reports and returns, the Trust shall pay to Xxxxxx Associates Berger compensation for, or reimburse Xxxxxx Associates Berger for its expenses incurred in incuxxxx xn connection with, such services as Xxxxxx Associates xx Xxrger and the Trust shall agree from time to time, any other provision provxxxxx of this Agreement notwithstanding.

Expenses Paid by the Trust. The Trust assumes and -------------------------- shall pay all expenses incidental to its operations and business not specifically assumed or agreed to be paid by Xxxxxx Berger Associates hereunder or otherwisepursxxxx xo Section 1 hereof, including, but not limited to, investment adviser fees; any compensation, fees or reimbursements which the Trust pays to its Trustees who are not interested persons of Xxxxxx Berger Associates; compensation comxxxxxxion of the Fund's custodian, transfer agent, registrar and dividend disbursing agent and other service providersagent; legal, accounting, audit and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with execution of portfolio transactions (including any appropriate commissions paid to Xxxxxx Berger Associates or its affiliates ixx xxxiliates for effecting exchange listed, over-the-counter or other securities transactions); interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); costs of stock certificates and expenses of delivering such certificates to the purchasers thereof; expenses of local representation in Delaware; expenses of shareholders' meetings and of preparing, printing and distributing proxy statements, notices, and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer or sale of shares of the Fund, including, but not limited to, all costs involved in the registration or qualification of shares of the Fund for sale in any jurisdiction, the costs of portfolio pricing services and systems for compliance with blue sky laws, and all costs involved in preparing, printing and mailing prospectuses and statements of additional information to shareholders of the Fund; and all fees, dues and other expenses incurred by the Trust in connection with the membership of the Trust in any trade association or other investment company organization. To the extent that Xxxxxx Berger Associates shall perform shalx xxxxorm any of the above described administrative and clerical functions, including transfer agency, registry, dividend disbursing, recordkeeping, bookkeeping, accounting and blue sky monitoring and registration functions, and the preparation of reports and returns, the Trust shall pay to Xxxxxx Berger Associates compensation compxxxxxxon for, or reimburse Xxxxxx Berger Associates for its expenses xxx xxpenses incurred in connection with, such services as Xxxxxx Berger Associates and the Trust xxx Xxust shall agree from time to time, any other provision of this Agreement notwithstanding.

Expenses Paid by the Trust. The Trust assumes and shall pay all expenses incidental to its operations and business not specifically assumed or agreed to be paid by Xxxxxx Associates Berger hereunder or otherwise, including, but not limited to, any compensationxxx xompensation, fees or reimbursements which the Trust pays to its Trustees who are not interested persons of Xxxxxx AssociatesBerger; compensation of the Fund's custodian, transfer agent, registrar xxxxxtrar and dividend disbursing agent and other service providers; legal, accounting, audit and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with execution of portfolio transactions (including any appropriate commissions paid to Xxxxxx Associates Berger or its affiliates for effecting exchange listed, over-thexxx-counter xxunter or other securities transactions); interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); costs of stock certificates and expenses of delivering such certificates to the purchasers thereof; expenses of local representation in Delaware; expenses of shareholders' meetings and of preparing, printing and distributing proxy statements, notices, and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer or sale of shares of the Fund, including, but not limited to, all costs involved in preparing, printing and mailing prospectuses and statements of additional information to shareholders of the Fund; and all fees, dues and other expenses incurred by the Trust in connection with the membership of the Trust in any trade association or other investment company organization. To the extent that Xxxxxx Associates Berger shall perform any of the above described administrative and administrativx xxx clerical functions, including transfer agency, registry, dividend disbursing, recordkeeping, bookkeeping, accounting and blue sky monitoring and registration functions, and the preparation of reports and returns, the Trust shall pay to Xxxxxx Associates Berger compensation for, or reimburse Xxxxxx Associates Berger for its expenses incurred xxxxxred in connection with, such services serxxxxx as Xxxxxx Associates Berger and the Trust shall agree from time to time, any other provision xxxxxsion of this Agreement notwithstanding.

Expenses Paid by the Trust. The Trust assumes and shall pay all expenses incidental to its operations and business not specifically assumed or agreed to be paid by Xxxxxx Associates Janus Capital hereunder or otherwise, including, but not limited to, any compensation, fees or reimbursements which the Trust pays to its Trustees who are not interested persons of Xxxxxx AssociatesBerger Associates or Janus Capixxx; compensation xompensation of the Fund's custodian, transfer agent, registrar and dividend disbursing agent and other service providers; legal, accounting, audit and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with execution of portfolio transactions (including any appropriate commissions paid to Xxxxxx Associates Janus Capital or its affiliates for effecting exchange listed, over-the-counter or other securities transactions); interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); costs of stock certificates and expenses of delivering such certificates to the purchasers thereof; expenses of local representation in Delaware; expenses of shareholders' meetings and of preparing, printing and distributing proxy statements, notices, and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer or sale of shares of the Fund, including, but not limited to, all costs involved in preparing, printing and mailing prospectuses and statements of additional information to shareholders of the Fund; and all fees, dues and other expenses incurred by the Trust in connection with the membership of the Trust in any trade association or other investment company organization. To the extent that Xxxxxx Associates Janus Capital shall perform any of the above described administrative and clerical functions, including transfer agency, registry, dividend disbursing, recordkeeping, bookkeeping, accounting and blue sky monitoring and registration functions, and the preparation of reports and returns, the Trust shall pay to Xxxxxx Associates Janus Capital compensation for, or reimburse Xxxxxx Associates Janus Capital for its expenses incurred in connection with, such services as Xxxxxx Associates Janus Capital and the Trust shall agree from time to time, any other provision of this Agreement notwithstanding.

Expenses Paid by the Trust. The Trust assumes and shall pay all expenses incidental to its operations and business not specifically assumed or agreed to be paid by Xxxxxx Associates hereunder or otherwisepursuant to Section 1 hereof, including, but not limited to, investment adviser fees; any compensation, fees or reimbursements which the Trust pays to its Trustees who are not interested persons of Xxxxxx Associates; compensation of the Fund's custodian, transfer agent, registrar and dividend disbursing agent and other service providersagent; legal, accounting, audit and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with execution of portfolio transactions (including any appropriate commissions paid to Xxxxxx Associates or its affiliates for effecting exchange listed, over-the-counter or other securities transactions); interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); costs of stock certificates and expenses of delivering such certificates to the purchasers thereof; expenses of local representation in Delaware; expenses of shareholders' meetings and of preparing, printing and distributing proxy statements, notices, and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer or sale of shares of the Fund, including, but not limited to, all costs involved in the registration or qualification of shares of the Fund for sale in any jurisdiction, the costs of portfolio pricing services and systems for compliance with blue sky laws, and all costs involved in preparing, printing and mailing prospectuses and statements of additional information to shareholders of the Fund; and all fees, dues and other expenses incurred by the Trust in connection with the membership of the Trust in any trade association or other investment company organization. To the extent that Xxxxxx Associates shall perform any of the above described administrative and clerical functions, including transfer agency, registry, dividend disbursing, recordkeeping, bookkeeping, accounting and blue sky monitoring and registration functions, and the preparation of reports and returns, the Trust shall pay to Xxxxxx Associates compensation for, or reimburse Xxxxxx Associates for its expenses incurred in connection with, such services as Xxxxxx Associates and the Trust shall agree from time to time, any other provision of this Agreement notwithstanding.

Expenses Paid by the Trust. The Trust assumes and shall pay all expenses incidental to its operations and business not specifically assumed or agreed to be paid by Xxxxxx Associates Berger hereunder or otherwise, including, but not limited to, any compensationxxxxxnsation, fees or reimbursements which the Trust pays to its Trustees who are not interested persons of Xxxxxx AssociatesTrustees; compensation of the Fund's custodian, transfer agent, registrar and dividend disbursing agent and other service providers; legal, accounting, audit and printing expenses; administrative, clerical, recordkeeping and bookkeeping expenses; brokerage commissions and all other expenses in connection with execution of portfolio transactions (including any appropriate commissions paid to Xxxxxx Associates Berger or its affiliates for effecting exchange listed, over-the-counter xxxxxxr or other securities transactions); interest; all federal, state and local taxes (including stamp, excise, income and franchise taxes); costs of stock certificates and expenses of delivering such certificates to the purchasers thereof; expenses of local representation in Delaware; expenses of shareholders' meetings and of preparing, printing and distributing proxy statements, notices, and reports to shareholders; expenses of preparing and filing reports and tax returns with federal and state regulatory authorities; all expenses incurred in complying with all federal and state laws and the laws of any foreign country applicable to the issue, offer or sale of shares of the Fund, including, but not limited to, all costs involved in preparing, printing and mailing prospectuses and statements of additional information to shareholders of the Fund; and all fees, dues and other expenses incurred by the Trust in connection with the membership of the Trust in any trade association or other investment company organization. To the extent that Xxxxxx Associates Berger shall perform any of the above described administrative and clerical anx xxxxical functions, including transfer agency, registry, dividend disbursing, recordkeeping, bookkeeping, accounting and blue sky monitoring and registration functions, and the preparation of reports and returns, the Trust shall pay to Xxxxxx Associates Berger compensation for, or reimburse Xxxxxx Associates Berger for its expenses incurred incxxxxx in connection with, such services as Xxxxxx Associates servicex xx Xerger and the Trust shall agree from time to time, any other provision proxxxxxx of this Agreement notwithstanding.