Common use of EXPENSES TO BE PAID BY THE ADMINISTRATOR Clause in Contracts

EXPENSES TO BE PAID BY THE ADMINISTRATOR. The Administrator shall pay all salaries, expenses and fees of the officers, trustees, or employees of the Trust who are officers, directors or employees of the Administrator. If the Administrator pays or assumes any expenses of the Trust, Series or Class not required to be paid or assumed by the Administrator under this Agreement, the Administrator shall not be obligated hereby to pay or assume the same or any similar expense in the future; provided, that nothing herein contained shall be deemed to relieve the Administrator of any obligation to the Trust or to a Series or Class under any separate agreement or arrangement between the parties.

Appears in 45 contracts

Samples: Administration Agreement (Neuberger Berman Alternative Funds), Administration Agreement (Neuberger Berman Equity Funds), Administration Agreement (Neuberger Berman Income Funds)

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EXPENSES TO BE PAID BY THE ADMINISTRATOR. The Administrator shall pay all salaries, expenses and fees of the officers, trustees, or employees of the Trust who are officers, directors or employees of the Administrator. If the Administrator pays or assumes any expenses of the Trust, Series or Class not required to be paid or assumed by the Administrator under this Agreement, the Administrator shall not be obligated hereby to pay or assume the same or any similar expense in the future; providedPROVIDED, that nothing herein contained shall be deemed to relieve the Administrator of any obligation to the Trust or to a Series or Class under any separate agreement or arrangement between the parties.

Appears in 41 contracts

Samples: Administration Agreement (Lehman Brothers Income Funds), Administration Agreement (Neuberger Berman Equity Funds), Administration Agreement (Neuberger Berman Equity Funds)

EXPENSES TO BE PAID BY THE ADMINISTRATOR. The Administrator shall pay all salaries, expenses and fees of the officers, trustees, or employees of the Trust who are officers, directors or employees of the Administrator. If the Administrator pays or assumes any expenses of the Trust, Trust or a Series or Class not required to be paid or assumed by the Administrator under this Agreement, the Administrator shall not be obligated hereby to pay or assume the same or any similar expense in the future; providedPROVIDED, that nothing herein contained shall be deemed to relieve the Administrator of any obligation to the Trust or to a Series or Class under any separate agreement or arrangement between the parties.

Appears in 9 contracts

Samples: Form Of (Neuberger Berman Equity Series), Administration Agreement (Neuberger Berman Equity Series), Administration Agreement (Neuberger & Berman Equity Trust)

EXPENSES TO BE PAID BY THE ADMINISTRATOR. The Administrator shall pay all salaries, expenses and fees of the officers, trustees, or employees of the Trust who are officers, directors or employees of the Administrator. If the Administrator pays or assumes any expenses of the Trust, Series or Class not required to be paid or assumed by the Administrator under this Agreement, the Administrator shall not be obligated hereby to pay or assume the same or any similar expense in the future; providedPROVIDED, that nothing herein contained shall be deemed to relieve the Administrator of any obligation to the Trust or to a Series or Class under any separate agreement or arrangement between the parties.

Appears in 4 contracts

Samples: Administration Agreement (Lehman Brothers Investor Liquidity Series), Administration Agreement (Lehman Brothers Reserve Liquidity Series), Administration Agreement (Lehman Brothers Reserve Liquidity Series)

EXPENSES TO BE PAID BY THE ADMINISTRATOR. The Administrator shall pay all salaries, expenses and fees of the officers, trustees, or employees of the Trust who are officers, directors or employees of the Administrator. If the Administrator pays or assumes any expenses of the Trust, Series Portfolio or Class not required to be paid or assumed by the Administrator under this Agreement, the Administrator shall not be obligated hereby to pay or assume the same or any similar expense in the future; provided, that nothing herein contained shall be deemed to relieve the Administrator of any obligation to the Trust or to a Series Portfolio or Class under any separate agreement or arrangement between the parties.

Appears in 4 contracts

Samples: Administration Agreement (Neuberger Berman Advisers Management Trust), Administration Agreement (Neuberger Berman Advisers Management Trust), Administration Agreement (Neuberger Berman Advisers Management Trust)

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EXPENSES TO BE PAID BY THE ADMINISTRATOR. The Administrator shall pay all salaries, expenses and fees of the officers, trustees, or employees of the Trust who are officers, directors or employees of the Administrator. If In the event that the Administrator pays or assumes any expenses of the Trust, Trust or a Series or Class not required to be paid or assumed by the Administrator under this Agreement, the Administrator shall not be obligated hereby to pay or assume the same or any similar expense in the future; providedPROVIDED, that nothing herein contained shall be deemed to relieve the Administrator of any obligation to the Trust or to a Series or Class under any separate agreement or arrangement between the parties.

Appears in 3 contracts

Samples: Administration Agreement (Neuberger & Berman Equity Funds), Administration Agreement (Neuberger & Berman Income Funds), Administration Agreement (Neuberger Berman Equity Funds)

EXPENSES TO BE PAID BY THE ADMINISTRATOR. The Administrator shall pay all salaries, expenses and fees of the officers, trustees, or employees of the Trust who are officers, directors or employees of the Administrator. If the Administrator pays or assumes any expenses of the Trust, Trust or Series or Class not required to be paid or assumed by the Administrator under this Agreement, the Administrator shall not be obligated hereby to pay or assume the same or any similar expense in the future; provided, that nothing herein contained shall be deemed to relieve the Administrator of any obligation to the Trust or to a Series or Class under any separate agreement or arrangement between the parties.

Appears in 1 contract

Samples: Administration Agreement (Neuberger Berman ETF Trust)

EXPENSES TO BE PAID BY THE ADMINISTRATOR. The Administrator shall pay all salaries, expenses and fees of the officers, trustees, or employees of the Trust who are officers, directors or employees of the Administrator. If In the event that the Administrator pays or assumes any expenses of the Trust, Trust or a Series or Class not required to be paid or assumed by the Administrator under this Agreement, the Administrator shall not be obligated hereby to pay or assume the same or any similar expense in the future; provided, that nothing herein contained shall be deemed to relieve the Administrator of any obligation to the Trust or to a Series or Class under any separate agreement or arrangement between the parties.

Appears in 1 contract

Samples: Administration Agreement (Neuberger & Berman Equity Assets)

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