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

EXPENSES TO BE PAID BY THE MANAGER. The Manager shall pay all salaries, expenses and fees of the officers, directors and employees of the Fund who are officers, directors or employees of the Manager. In the event that the Manager pays or assumes any expenses of the Fund not required to be paid or assumed by the Manager under this Agreement, the Manager 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 Manager of any obligation to the Fund under any separate agreement or arrangement between the parties.

Appears in 19 contracts

Samples: Management Agreement (Neuberger Berman Real Estate Income Fund Inc), Management Agreement (Neuberger Berman Intermediate Municipal Fund Inc), Management Agreement (Neuberger Berman Dividend Advantage Fund Inc)

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EXPENSES TO BE PAID BY THE MANAGER. The Manager shall pay all salaries, expenses and fees of the officers, directors and employees of the Fund who are officers, directors or employees of the Manager. In the event that the Manager pays or assumes any expenses of the Fund not required to be paid or assumed by the Manager under this Agreement, the Manager 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 Manager of any obligation to the Fund under any separate agreement or arrangement between the parties.

Appears in 12 contracts

Samples: Management Agreement (Neuberger Berman Real Estate Securities Income Fund Inc), Management Agreement (Neuberger Berman High Yield Strategies Fund Inc.), Management Agreement (Neuberger Berman Next Generation Connectivity Fund Inc.)

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EXPENSES TO BE PAID BY THE MANAGER. The Manager shall pay all salaries, expenses and fees of the officers, directors Directors and employees of the Fund Company who are officers, directors or employees of the Manager. In the event that the Manager pays or assumes any expenses of the Fund Company not required to be paid or assumed by the Manager under this Agreement, the Manager 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 Manager of any obligation to the Fund Company under any separate agreement or arrangement between the parties.

Appears in 4 contracts

Samples: Management Agreement (Neuberger Berman ETF Trust), Management Agreement (Neuberger Berman Alternative Funds), Management Agreement (Neuberger Berman Alternative Funds)

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