FEE WAIVER AND EXPENSE ASSUMPTION. The Advisor hereby agrees to waive all or a portion of its advisory fees and, if necessary, to assume certain other expenses (to the extent permitted by the Internal Revenue Code of 1986, as amended) of each Fund, to the extent necessary to ensure that net annual fund operating expenses (excluding taxes, interest, trading costs, acquired fund expenses, expenses paid with securities lending expense offset credits and non-routine expenses) do not exceed a specified percentage of the average daily net assets of the Fund, as indicated on Schedule A to this Agreement.
Appears in 3 contracts
Samples: Expense Limitation Agreement (GPS Funds II), Expense Limitation Agreement (GPS Funds II), Expense Limitation Agreement (GPS Funds II)
FEE WAIVER AND EXPENSE ASSUMPTION. The Advisor hereby agrees to waive all or a portion of its advisory fees and, if necessary, to assume certain other expenses (to the extent permitted by the Internal Revenue Code of 1986, as amended) of each Fund, to the extent necessary to ensure so that net annual fund operating expenses the Fund's Total Annual Operating Expenses (excluding any taxes, interest, trading costsbrokerage fees, acquired fund expenses, expenses paid with securities lending expense offset credits insurance costs and non-routine extraordinary expenses) do not exceed a specified percentage of the average daily net assets of the Fund, as indicated on in Schedule A to this Agreement.
Appears in 2 contracts
Samples: Fee Waiver and Expense Assumption Agreement (Genworth Variable Insurance Trust), Fee Waiver and Expense Assumption Agreement (Genworth Variable Insurance Trust)
FEE WAIVER AND EXPENSE ASSUMPTION. The Advisor hereby agrees to waive all or a portion of its advisory fees and, if necessary, to assume certain other expenses (to the extent permitted by the Internal Revenue Code of 1986, as amended) of each Fund, to the extent necessary to ensure so that net annual fund operating expenses the Fund’s Total Annual Operating Expenses (excluding any taxes, interest, trading costsbrokerage fees, acquired fund expenses, expenses paid with securities lending expense offset credits insurance costs and non-routine extraordinary expenses) do not exceed a specified percentage of the average daily net assets of the Fund, as indicated on in Schedule A to this Agreement.
Appears in 1 contract
Samples: Fee Waiver and Expense Assumption Agreement (Genworth Variable Insurance Trust)
