Fee Waivers and Expense Limitations. If, for any fiscal year of the Trust, the amount of the advisory fee which such Trust would otherwise be obligated to pay to the Adviser is reduced because of contractual or voluntary fee waivers or expense limitations by the Adviser, the fee payable to each Sub-Adviser pursuant to paragraph 8 above shall be reduced proportionately; and to the extent that the Adviser reimburses the Trust as a result of such expense limitations, such Sub-Adviser shall reimburse the Adviser that proportion of such reimbursement payments which the fee payable to each Sub-Adviser pursuant to paragraph 8 above bears to the advisory fee under this Contract.
Appears in 35 contracts
Samples: Sub Advisory Contract (Invesco Senior Loan Fund), Master Intergroup Sub Advisory Contract (Invesco Van Kampen High Income Trust II), Memorandum of Agreement (Invesco Municipal Opportunity Trust)
Fee Waivers and Expense Limitations. If, for any fiscal year of the Trusta Fund, the amount of the advisory fee which such Trust Fund would otherwise be obligated to pay to the Adviser is reduced because of contractual or voluntary fee waivers or expense limitations by the Adviser, the fee payable to each Sub-Adviser pursuant to paragraph 8 above shall be reduced proportionately; and to the extent that the Adviser reimburses the Trust Fund as a result of such expense limitations, such Sub-Adviser shall reimburse the Adviser that proportion of such reimbursement payments which the fee payable to each Sub-Adviser pursuant to paragraph 8 above bears to the advisory fee under this Contract.
Appears in 30 contracts
Samples: Master Intergroup Sub Advisory Contract (Aim Investment Securities Funds (Invesco Investment Securities Funds)), Master Intergroup Sub Advisory Contract (Aim Variable Insurance Funds (Invesco Variable Insurance Funds)), Master Intergroup Sub Advisory Contract (Aim Growth Series (Invesco Growth Series))
Fee Waivers and Expense Limitations. If, for any fiscal year of the Trusta Fund, the amount of the advisory fee which such Trust Fund would otherwise be obligated to pay to the Adviser Advisor is reduced because of contractual or voluntary fee waivers or expense limitations by the AdviserAdvisor, the fee payable to each Sub-Adviser Advisor pursuant to paragraph 8 above shall be reduced proportionately; and to the extent that the Adviser Advisor reimburses the Trust Fund as a result of such expense limitations, such Sub-Adviser Advisor shall reimburse the Adviser Advisor that proportion of such reimbursement payments which the fee payable to each Sub-Adviser Advisor pursuant to paragraph 8 above bears to the advisory fee under this Contract.
Appears in 18 contracts
Samples: Master Intergroup Sub Advisory Contract (Aim Tax Exempt Funds), Master Intergroup Sub Advisory Contract (Aim Treasurers Series Trust), Master Intergroup Sub Advisory Contract (Aim Growth Series)
Fee Waivers and Expense Limitations. If, for any fiscal year of the Trust, the amount of the advisory fee which such Trust would otherwise be obligated to pay to the Adviser is reduced because of contractual or voluntary fee waivers or expense limitations by the Adviser, the fee payable to each Sub-Adviser pursuant to paragraph 8 above shall be reduced proportionately; and to the extent that the Adviser reimburses the Trust as a result of such expense limitations, such Sub-Adviser shall reimburse the Adviser that proportion of such reimbursement payments which the fee payable to each Sub-Adviser pursuant to paragraph 8 above bears to the advisory fee under this Contractpayable to the Adviser pursuant to its advisory agreement with the Trust.
Appears in 16 contracts
Samples: Memorandum of Agreement (Invesco Quality Municipal Income Trust), Master Intergroup Sub Advisory Contract (Invesco Value Municipal Income Trust), Memorandum of Agreement (Invesco New York Quality Municipal Securities)
Fee Waivers and Expense Limitations. If, for any fiscal year of the Trusta Fund, the amount of the advisory fee which such Trust Fund would otherwise be obligated to pay to the Adviser is reduced because of contractual or voluntary fee waivers or expense limitations by the Adviser, the fee payable to each Sub-Adviser pursuant to paragraph 8 above shall be reduced proportionately; and to the extent that the Adviser reimburses the Trust Fund as a result of such expense limitations, such Sub-Adviser shall reimburse the Adviser that proportion of such reimbursement payments which the fee payable to each Sub-Adviser pursuant to paragraph 8 above bears to the advisory fee under this Contractpayable to the Adviser pursuant to its advisory agreement with the Funds.
Appears in 15 contracts
Samples: Sub Advisory Contract (Invesco Insured Municipal Trust), Sub Advisory Contract (Invesco Insured California Municipal Securities), Sub Advisory Contract (Invesco California Quality Municipal Securities)
Fee Waivers and Expense Limitations. If, for any fiscal year of the Trusta Fund, the amount of the advisory fee which such Trust Fund would otherwise be obligated to pay to the Adviser is reduced because of contractual or voluntary fee waivers or expense limitations by the Adviser, the fee payable to each the Sub-Adviser pursuant to paragraph 8 above shall be reduced proportionately; and to the extent that the Adviser reimburses the Trust Fund as a result of such expense limitations, such Sub-Adviser shall reimburse the Adviser that proportion of such reimbursement payments which the fee payable to each the Sub-Adviser pursuant to paragraph 8 above bears to the advisory fee under this Contract.
Appears in 14 contracts
Samples: Sub Advisory Contract (Aim Counselor Series Trust (Invesco Counselor Series Trust)), Sub Advisory Contract (Aim Counselor Series Trust (Invesco Counselor Series Trust)), Sub Advisory Contract (Aim Sector Funds (Invesco Sector Funds))
Fee Waivers and Expense Limitations. If, for any fiscal year of the TrustFund, the amount of the advisory fee which such Trust Fund would otherwise be obligated to pay to the Adviser is reduced because of contractual or voluntary fee waivers or expense limitations by the Adviser, the fee payable to each Sub-Adviser pursuant to paragraph 8 above shall be reduced proportionately; and to the extent that the Adviser reimburses the Trust Fund as a result of such expense limitations, such Sub-Adviser shall reimburse the Adviser that proportion of such reimbursement payments which the fee payable to each Sub-Adviser pursuant to paragraph 8 above bears to the advisory fee under this Contract.
Appears in 8 contracts
Samples: Master Intergroup Sub Advisory Contract (Invesco Exchange Fund), Sub Advisory Contract (Invesco Exchange Fund), Sub Advisory Contract (Invesco Exchange Fund)
Fee Waivers and Expense Limitations. If, for any fiscal year of the Trust, the amount of the advisory fee which such the Trust would otherwise be obligated to pay to the Adviser is reduced because of contractual or voluntary fee waivers or expense limitations by the Adviser, the fee payable to each Sub-Adviser pursuant to paragraph 8 above shall be reduced proportionately; and to the extent that the Adviser reimburses the Trust as a result of such expense limitations, such Sub-Adviser shall reimburse the Adviser that proportion of such reimbursement payments which the fee payable to each Sub-Adviser pursuant to paragraph 8 above bears to the advisory fee under this Contract.
Appears in 6 contracts
Samples: Master Intergroup Sub Advisory Contract (Invesco Municipal Income Opportunities Trust), Master Intergroup Sub Advisory Contract (Invesco Senior Income Trust), Sub Advisory Contract (Invesco Dynamic Credit Opportunity Fund)
Fee Waivers and Expense Limitations. If, for any fiscal year of the TrustFund, the amount of the advisory fee which such Trust the Fund would otherwise be obligated to pay to the Adviser is reduced because of contractual or voluntary fee waivers or expense limitations by the Adviser, the fee payable to each the Sub-Adviser pursuant to paragraph 8 above shall be reduced proportionately; and to the extent that the Adviser reimburses the Trust Fund as a result of such expense limitations, such the Sub-Adviser shall reimburse the Adviser that proportion of such reimbursement payments which the fee payable to each the Sub-Adviser pursuant to paragraph 8 above bears to the advisory fee under this Contract.
Appears in 1 contract
Samples: Sub Advisory Contract (Aim Counselor Series Trust (Invesco Counselor Series Trust))
Fee Waivers and Expense Limitations. If, for any fiscal year of the Trust, the amount of the advisory fee which such the Trust would otherwise be obligated to pay to the Adviser is reduced because of contractual or voluntary fee waivers or expense limitations by the Adviser, the fee payable to each Sub-Sub- Adviser pursuant to paragraph 8 above shall be reduced proportionately; and to the extent that the Adviser reimburses the Trust as a result of such expense limitations, such Sub-Adviser shall reimburse the Adviser that proportion of such reimbursement payments which the fee payable to each Sub-Adviser pursuant to paragraph 8 above bears to the advisory fee under this Contract.
Appears in 1 contract
Samples: Master Intergroup Sub Advisory Contract (Invesco Senior Loan Fund)
Fee Waivers and Expense Limitations. If, for any fiscal year of the Trusta Fund, the amount of the advisory fee which such Trust Fund would otherwise be obligated to pay to the Adviser is reduced because of contractual or voluntary fee waivers or expense limitations by the Adviser, the fee payable to each Sub-Sub- Adviser pursuant to paragraph 8 above shall be reduced proportionately; and to the extent that the Adviser reimburses the Trust Fund as a result of such expense limitations, such Sub-Adviser shall reimburse the Adviser that proportion of such reimbursement payments which the fee payable to each Sub-Adviser pursuant to paragraph 8 above bears to the advisory fee under this Contract.
Appears in 1 contract
Samples: Master Intergroup Sub Advisory Contract (Aim Tax-Exempt Funds (Invesco Tax-Exempt Funds))
