Common use of FEES; EXPENSES; EXPENSE REIMBURSEMENT Clause in Contracts

FEES; EXPENSES; EXPENSE REIMBURSEMENT. (a) As compensation for the services rendered to the Fund and UAMFSI pursuant to this Agreement, UAMFSI shall pay Chase monthly fees determined as set forth in Schedule A to this Agreement. Such fees are to be billed monthly and shall be due and payable upon receipt of the invoice. Upon any termination of this Agreement before the end of any month, the fee for the part of the month before such termination shall be prorated according to the proportion which such part bears to the full monthly period and shall be payable upon the date of termination of this Agreement. (b) For the purpose of determining fees calculated as a function of the Fund's assets, the value of the Fund's assets and net assets shall be computed as required by its currently effective Prospectus, generally accepted accounting principles, and resolutions of the Fund's Board. (c) Chase may, in its sole discretion, from time to time employ or associate with such person or persons as may be appropriate to assist Chase in the performance of this Agreement. Such person or persons may be officers and employees who are employed or designated as officers by both Chase and the Fund. The compensation of such person or persons for such employment shall be paid by Chase and no obligation will be incurred by or on behalf of the Fund or UAMFSI in such respect. (d) UAMFSI may request additional services, additional processing, or special reports on behalf of the Fund or itself. UAMFSI shall submit such requests in writing together with such specifications and requirements documentation as may be reasonably required by Chase. If Chase elects to provide such services or arrange for their provision, it shall be entitled to reasonable additional fees and expenses at its customary rates and charges, or such other fees, if any, mutually agreed to by Chase and UAM FSI. (e) Chase will bear all of its own expenses in connection with the performance of the services under this Agreement except as otherwise expressly provided herein. UAMFSI agrees to promptly reimburse Chase for any equipment and supplies specially ordered by or for UAMFSI or the Fund through Chase and for any other expenses not contemplated by this Agreement that Chase may incur on the Fund's and/or UAMFSI's behalf at the Fund's and/or UAMFSI's request or as consented to by the Fund and/or UAMFSI, provided that Chase will notify the Fund and/or UAMFSI of the approximate amount of such expenses prior to incurring

FEES; EXPENSES; EXPENSE REIMBURSEMENT. (a) As The Sub-Administrator shall receive from the Administrator such compensation for the Sub-Administrator’s services rendered to the Fund and UAMFSI provided pursuant to this Agreement, UAMFSI shall pay Chase monthly fees determined Agreement as set forth may be agreed to from time to time in Schedule A to this Agreementa written fee schedule approved by the parties. Such The fees are to be accrued daily and billed monthly and shall be due and payable upon within thirty (30) days of receipt of the invoice. Upon any the termination of this Agreement before the end of any month, the fee for the part of the month before such termination shall be prorated according to the proportion which such part bears to the full monthly period and shall be payable within thirty (30) days of receipt of a termination invoice. In addition, the Administrator shall reimburse the Sub-Administrator for its reasonable out-of-pocket costs incurred in connection with this Agreement upon presentation of an itemized invoice documenting such expenses. All rights of compensation and expense reimbursement under this Agreement for services performed as of the termination date of shall survive the termination of this Agreement. (b) For the purpose of determining fees calculated as a function of the Fund's assets, the value of the Fund's assets and net assets shall be computed as required by its currently effective Prospectus, generally accepted accounting principles, and resolutions of the Fund's Board. (c) Chase may, in its sole discretion, from time to time employ or associate with such person or persons as may be appropriate to assist Chase in the performance of this Agreement. Such person or persons may be officers and employees who are employed or designated as officers by both Chase and the Fund. The compensation of such person or persons for such employment shall be paid by Chase and no obligation will be incurred by or on behalf of Administrator agrees promptly to reimburse the Fund or UAMFSI in such respect. (d) UAMFSI may request additional services, additional processing, or special reports on behalf of the Fund or itself. UAMFSI shall submit such requests in writing together with such specifications and requirements documentation as may be reasonably required by Chase. If Chase elects to provide such services or arrange for their provision, it shall be entitled to reasonable additional fees and expenses at its customary rates and charges, or such other fees, if any, mutually agreed to by Chase and UAM FSI. (e) Chase will bear all of its own expenses in connection with the performance of the services under this Agreement except as otherwise expressly provided herein. UAMFSI agrees to promptly reimburse Chase Sub-Administrator for any equipment and supplies specially ordered by or for UAMFSI or the Fund Administrator through Chase the Sub-Administrator and for any other expenses not contemplated by this Agreement that Chase the Sub-Administrator may incur on the Fund's and/or UAMFSI's Administrator’s behalf at the Fund's and/or UAMFSI's request or as consented to Administrator’s request. All expenses referenced in this section must be pre-approved in writing by the Fund and/or UAMFSI, provided that Chase Administrator and itemized and invoiced promptly by the Sub-Administrator. Any reasonable requests by the Sub-Administrator to the Administrator under this section will notify not be unreasonably withheld. Any equipment purchased at the Fund and/or UAMFSI direction for or on behalf of the approximate amount Administrator pursuant to this Section will be the property of the Administrator. The Administrator or the Funds, as applicable, will bear all expenses that are incurred in its operation and not specifically assumed by the Sub-Administrator. The Sub-Administrator is authorized to and may employ or associate with such person or persons as the Sub-Administrator may deem desirable to assist it in performing its duties under this Agreement; provided, however, that the compensation of such expenses prior person or persons shall be paid by the Sub-Administrator and that the Sub-Administrator shall be as fully responsible to incurringthe Administrator for the acts and omissions of any such person or persons as it is for its own acts and omissions. The expense associated with any such employment or association shall be borne by Sub-Administrator and shall not be eligible for reimbursement by the Administrator.

FEES; EXPENSES; EXPENSE REIMBURSEMENT. (a) As The Sub-Administrator shall receive from the Company such compensation for the Sub-Administrator’s services rendered to the Fund and UAMFSI provided pursuant to this Agreement, UAMFSI shall pay Chase monthly fees determined Agreement as set forth may be agreed to from time to time in a written Fee Schedule A to this Agreementapproved by the parties. Such The fees are to be accrued daily and billed monthly and shall be due and payable upon receipt of the invoice. Upon any the termination of this Agreement before the end of any month, the fee for the part of the month before such termination shall be prorated according to the proportion which such part bears to the full monthly period and shall be payable upon the date of termination of this Agreement. (b) For . In addition, the purpose Company shall reimburse the Sub-Administrator for its out-of-pocket costs incurred in connection with this Agreement. All rights of determining fees calculated compensation and expense reimbursement under this Agreement for services performed as a function of the Fund's assets, termination date shall survive the value of the Fund's assets and net assets shall be computed as required by its currently effective Prospectus, generally accepted accounting principles, and resolutions of the Fund's Board. (c) Chase may, in its sole discretion, from time to time employ or associate with such person or persons as may be appropriate to assist Chase in the performance termination of this Agreement. Such person or persons may be officers and employees who are employed or designated as officers by both Chase and The Company agrees promptly to reimburse the Fund. The compensation of such person or persons for such employment shall be paid by Chase and no obligation will be incurred by or on behalf of the Fund or UAMFSI in such respect. (d) UAMFSI may request additional services, additional processing, or special reports on behalf of the Fund or itself. UAMFSI shall submit such requests in writing together with such specifications and requirements documentation as may be reasonably required by Chase. If Chase elects to provide such services or arrange for their provision, it shall be entitled to reasonable additional fees and expenses at its customary rates and charges, or such other fees, if any, mutually agreed to by Chase and UAM FSI. (e) Chase will bear all of its own expenses in connection with the performance of the services under this Agreement except as otherwise expressly provided herein. UAMFSI agrees to promptly reimburse Chase Sub-Administrator for any equipment and supplies specially ordered by or for UAMFSI or the Fund Trust through Chase the Sub-Administrator and for any other expenses not contemplated by this Agreement that Chase the Sub-Administrator may incur on the Fund's and/or UAMFSI's Trust’s or Company’s behalf or at the Fund's and/or UAMFSI's Trust’s or the Company’s request or with the Company’s consent. The Company acknowledges and agrees that the Trust and/or the Company, as consented to the case may be, will bear all expenses that are incurred in the operation of the Trust and not specifically assumed by the Fund Sub-Administrator. Expenses to be borne by the Trust and/or UAMFSIthe Company, provided that Chase will notify as the Fund and/or UAMFSI case may be, include, but are not limited to: organizational expenses; cost of services of independent accountants and outside legal and tax counsel (including such counsel’s review of the approximate amount Registration Statement, Form N-CSR, Form N-Q, Form N-PX, From N-SAR, proxy materials, federal and state tax qualification as a regulated investment company and other notices, registrations, reports, filings and materials prepared by the Sub-Administrator under this Agreement); cost of any services contracted for by the Trust or the Company directly from parties other than the Sub-Administrator; cost of trading operations and brokerage fees, commissions and transfer taxes in connection with the purchase and sale of securities for the Trust; investment advisory fees; taxes, insurance premiums and other fees and expenses applicable to its operation; costs incidental to any meetings of shareholders including, but not limited to, legal and accounting fees, proxy filing fees and the costs of preparation (e.g., typesetting, page changes and all other print vendor and XXXXX charges, collectively referred to herein as “Preparation”), printing, distribution and mailing of any proxy materials; costs incidental to Board meetings, including fees and expenses of Board members; the salary and expenses of any officer, director\trustee or employee of the Trust; costs of Preparation, printing, distribution and mailing, as applicable, of the Trust’s Registration Statements and any amendments and supplements thereto and shareholder reports; cost of Preparation and filing of the Trust’s tax returns, Form N-1A, Form N-CSR, Form N-Q, Form N-PX and Form N-SAR, and all notices, registrations and amendments associated with applicable federal and state tax and securities laws; all applicable registration fees and filing fees required under federal and state securities laws; the cost of fidelity bond and D&O/E&O liability insurance; and cost of independent pricing services used in computing the Fund’s net asset value. The Sub-Administrator is authorized to and may employ, associate or contract with such person or persons as the Sub-Administrator may deem desirable to assist it in performing its duties under this Agreement; provided, however, that the compensation of such expenses prior person or persons shall be paid by the Sub-Administrator and that the Sub-Administrator shall be as fully responsible to incurringthe Company for the acts and omissions of any such person or persons as it is for its own acts and omissions.

FEES; EXPENSES; EXPENSE REIMBURSEMENT. (a) As compensation for the services rendered to the Fund IMIT and UAMFSI IASI pursuant to this Agreement, UAMFSI IASI shall pay Chase AJCI monthly fees determined as set forth in Schedule A to this Agreement. Such fees are to be billed monthly and shall be due and payable upon receipt of the invoice. Upon any termination of this Agreement before the end of any month, the fee for the part of the month before such termination shall be prorated according to the proportion which such part bears to the full monthly period and shall be payable upon the date of termination of this Agreement. (b) For the purpose of determining fees calculated as a function of the Fund's assets, the value of the Fund's assets and net assets shall be computed as required by its currently effective Prospectus, generally accepted accounting principles, and resolutions of the Fund's Board. (c) Chase AJCI may, in its sole discretion, from time to time employ or associate with such person or persons as may be appropriate to assist Chase AJCI in the performance of this Agreement. Such person or persons may be officers and employees who are employed or designated as officers by both Chase AJCI and IMIT. IASI agrees to reimburse AJCI for the Fund. The compensation of such person or persons for such employment shall be paid by Chase and no obligation will be incurred by or on behalf of the Fund or UAMFSI in such respectpersons. (dc) UAMFSI IASI may request additional services, additional processing, or special reports on behalf of the Fund IMIT or itself. UAMFSI IASI shall submit such requests in writing together with such specifications and requirements documentation as may be reasonably required by ChaseAJCI. If Chase AJCI elects to provide such services or arrange for their provision, it shall be entitled to reasonable additional fees and expenses at its customary rates and charges, or such other fees, if any, mutually agreed to by Chase AJCI and UAM FSIIASI. (ed) Chase AJCI will bear all of its own expenses in connection with the performance of the services under this Agreement except as otherwise expressly provided herein. UAMFSI IASI agrees to promptly reimburse Chase AJCI for any equipment and supplies specially ordered by or for UAMFSI IASI or the Fund IMIT through Chase AJCI and for any other expenses not contemplated by this Agreement that Chase AJCI may incur on the FundIMIT's and/or UAMFSIIASI's behalf at the FundIMIT's and/or UAMFSIIASI's request or as consented to by the Fund IMIT and/or UAMFSIIASI, provided that Chase AJCI will notify the Fund IMIT and/or UAMFSI IASI of the approximate amount of such expenses prior to incurringincurring them. Such other expenses to be incurred in the operation of IMIT and to be borne by IMIT and/or IASI, include, but are not limited to interest; brokerage fees and commissions; and advisory fees. In addition, AJCI may utilize one or more independent pricing services, approved from time to time by IMIT's board, to obtain securities prices and to act as backup to the primary pricing services, in connection with determining the net asset values of IMIT, and IASI will reimburse AJCI for IMIT's share of the cost of such services based upon the actual usage, or a pro-rata estimate of the use, of the services for the benefit of IMIT. (e) All fees, out-of-pocket expenses, or additional charges of AJCI shall be billed on a monthly basis and shall be due and payable upon receipt of the invoice.

FEES; EXPENSES; EXPENSE REIMBURSEMENT. (a) As The Sub-Administrator shall receive from the Adviser such compensation for the Sub-Administrator's services rendered to the Fund and UAMFSI provided pursuant to this Agreement, UAMFSI shall pay Chase monthly fees determined Agreement as may be agreed to from time to time in a written fee schedule approved by the parties and initially set forth in the Fee Schedule A to this Agreement. Such The fees are to be accrued daily and billed monthly and shall be due and payable upon receipt of the invoice. Upon any the termination of this Agreement before the end of any month, the fee for the part of the month before such termination shall be prorated according to the proportion which such part bears to the full monthly period and shall be payable upon the date of termination of this Agreement. (b) For the purpose of determining fees calculated as a function of the Fund's assets. In addition, the value of Adviser shall reimburse the Fund's assets and net assets shall be computed as required by Sub-Administrator for its currently effective Prospectus, generally accepted accounting principles, and resolutions of the Fund's Board. (c) Chase may, out-of-pocket costs incurred in its sole discretion, from time to time employ or associate connection with such person or persons as may be appropriate to assist Chase in the performance of this Agreement. Such person or persons may be officers and employees who are employed or designated as officers by both Chase and The Adviser agrees promptly to reimburse the Fund. The compensation of such person or persons for such employment shall be paid by Chase and no obligation will be incurred by or on behalf of the Fund or UAMFSI in such respect. (d) UAMFSI may request additional services, additional processing, or special reports on behalf of the Fund or itself. UAMFSI shall submit such requests in writing together with such specifications and requirements documentation as may be reasonably required by Chase. If Chase elects to provide such services or arrange for their provision, it shall be entitled to reasonable additional fees and expenses at its customary rates and charges, or such other fees, if any, mutually agreed to by Chase and UAM FSI. (e) Chase will bear all of its own expenses in connection with the performance of the services under this Agreement except as otherwise expressly provided herein. UAMFSI agrees to promptly reimburse Chase Sub-Administrator for any equipment and supplies specially ordered by or for UAMFSI or the Fund Company through Chase the Sub-Administrator and for any other expenses not contemplated by this Agreement that Chase the Sub-Administrator may incur on the Fund's and/or UAMFSICompany's behalf at the Fund's and/or UAMFSICompany's request or as consented with the Company's consent. In connection herewith, the Company hereby guaranties full payment and punctual performance and fulfillment to the Sub-Administrator of all liabilities, obligations and undertakings of the Adviser to the Sub-Administrator, whether direct or indirect, absolute or contingent, due or to become due, now existing of hereafter arising or acquired, under any fee schedule regarding any service provided by the Fund and/or UAMFSI, provided that Chase will notify Sub-Administrator for the Fund and/or UAMFSI benefit of the approximate amount Company or any cost, expense disbursement relative thereto, and all present or future agreements arising from, or relative to, the subject matter thereof. The guaranty contained herein shall survive the termination of this Agreement. The Company will bear all expenses that are incurred in its operation and not specifically assumed by the Sub-Administrator. Expenses to be borne by the Company, include, but are not limited to: organizational expenses; cost of services of independent accountants and outside legal and tax counsel (including such counsel's review of the Company's registration statement, proxy materials, federal and state tax qualification as a regulated investment company and other reports and materials prepared by the Administrator under this Agreement); cost of any services contracted for by the Company directly from parties other than the Administrator; cost of trading operations and brokerage fees, commissions and transfer taxes in connection with the purchase and sale of securities for the Company; investment advisory fees; taxes, insurance premiums and other fees and expenses applicable to its operation; costs incidental to any meetings of shareholders including, but not limited to, legal and accounting fees, proxy filing fees and the costs of preparation, printing and mailing of any proxy materials; costs incidental to Board meetings, including fees and expenses of Board members; the salary and expenses of any officer, director\trustee or employee of the Company; costs incidental to the preparation, printing and distribution of the Company's registration statements and any amendments thereto and shareholder reports; cost of typesetting and printing of prospectuses; cost of preparation and filing of the Company's tax returns, Form N-2 and Form N-SAR, and all notices, registrations and amendments associated with applicable federal and state tax and securities laws; all applicable registration fees and filing fees required under federal and state securities laws; fidelity bond and directors' and officers' liability insurance; and cost of independent pricing services used in computing the Company's net asset value. The Sub-Administrator is authorized to and may employ or associate with such person or persons as the Sub-Administrator may deem desirable to assist it in performing its duties under this Agreement; provided, however, that the compensation of such expenses prior person or persons shall be paid by the Sub-Administrator and that the Sub-Administrator shall be as fully responsible to incurringthe Adviser for the acts and omissions of any such person or persons as it is for its own acts and omissions.

FEES; EXPENSES; EXPENSE REIMBURSEMENT. (a) As compensation for the services rendered to the Fund Trust and UAMFSI pursuant to this Agreement, UAMFSI shall pay Chase monthly fees determined as set forth in Schedule A to this Agreement. Such fees are to be billed monthly and shall be due and payable upon receipt of the invoice. Upon any termination of this Agreement before the end of any month, the fee for the part of the month before such termination shall be prorated according to the proportion which such part bears to the full monthly period and shall be payable upon the date of termination of this Agreement. (b) For the purpose of determining fees calculated as a function of the FundTrust's assets, the value of the FundTrust's assets and net assets shall be computed as required by its currently effective Prospectus, generally accepted accounting principles, and resolutions of the FundTrust's Board. (c) Chase may, in its sole discretion, from time to time employ or associate with such person or persons as may be appropriate to assist Chase in the performance of this Agreement. Such person or persons may be officers and employees who are employed or designated as officers by both Chase and the FundTrust. The compensation of such person or persons for such employment shall be paid by Chase and no obligation will be incurred by or on behalf of the Fund Trust or UAMFSI in such respect. (d) UAMFSI may request additional services, additional processing, or special reports on behalf of the Fund Trust or itself. UAMFSI shall submit such requests in writing together with such specifications and requirements documentation as may be reasonably required by Chase. If Chase elects to provide such services or arrange for their provision, it shall be entitled to reasonable additional fees and expenses at its customary rates and charges, or such other fees, if any, mutually agreed to by Chase and UAM FSI. (e) Chase will bear all of its own expenses in connection with the performance of the services under this Agreement except as otherwise expressly provided herein. UAMFSI agrees to promptly reimburse Chase for any equipment and supplies specially ordered by or for UAMFSI or the Fund Trust through Chase and for any other expenses not contemplated by this Agreement that Chase may incur on the FundTrust's and/or UAMFSI's behalf at the FundTrust's and/or UAMFSI's request or as consented to by the Fund Trust and/or UAMFSI, provided that Chase will notify the Fund Trust and/or UAMFSI of the approximate amount of such expenses prior to incurringincurring them. Such other expenses to be incurred in the operation of the Trust and to be borne by the Trust and/or UAMFSI, include, but are not limited to: taxes; interest; brokerage fees and commissions; salaries and fees of officers and trustees who are not officers, directors, shareholders or employees of Chase, or the Trust's investment advisers or distributor; SEC and state Blue Sky registration and qualification fees, levies, fines and other charges; XXXXX filing fees, processing services and related fees; advisory and administration fees; charges and expenses of pricing and data services, independent public accountants and custodians; insurance premiums including fidelity bond premiums; auditing and legal expenses; costs of maintenance of trust existence; expenses of typesetting and printing of prospectuses for regulatory purposes and for distribution to current shareholders of the Trust (the Trust's distributor to bear the expense of all other printing, production, and distribution of prospectuses, statements of additional information, and marketing materials); expenses of printing and production costs of shareholders' reports and proxy statements and materials; costs and expenses of Trust stationery and forms; costs and expenses of special telephone and data lines and devices; costs associated with corporate, shareholder, and Board meetings; trade association dues and expenses; and any extraordinary expenses and other customary Trust expenses. In addition, Chase may utilize one or more independent pricing services, approved from time to time by the Trust's Board, to obtain securities prices and to act as backup to the primary pricing services, in connection with determining the net asset values of the Trust, and UAMFSI and/or the Trust will reimburse Chase for the Trust's share of the cost of such services based upon the actual usage, or a pro-rata estimate of the use, of the services for the benefit of the Trust. (f) All fees, out-of-pocket expenses, or additional charges of Chase shall be billed on a monthly basis and shall be due and payable upon receipt of the invoice. Chase will render, after the close of each month in which services have been furnished, a statement reflecting all of the charges for such month. Charges remaining unpaid after thirty (30) days of receipt shall bear interest in finance charges equivalent to, in the aggregate, the Prime Rate (as determined by Chase) plus two percent per year and all costs and expenses of effecting collection of any such sums, including reasonable attorney's fees, shall be paid by UAMFSI to Chase. In the event that UAMFSI is more than sixty (60) days delinquent in its payments of monthly xxxxxxxx in connection with this Agreement (with the exception of specific amounts which may be contested in good faith by UAMFSI), this Agreement may be terminated upon thirty (30) days' written notice to UAMFSI by Chase. UAMFSI must notify Chase in writing of any contested amounts within thirty (30) days of receipt of a billing for such amounts. Disputed amounts are not due and payable while they are being disputed. The fees set forth in Schedule A may be changed from time to time upon agreement of the parties.