Fund’s Expenses Sample Clauses

Fund’s Expenses. Except as otherwise provided in this Agreement, the Administration Agreement or by law, or as otherwise agreed to in writing by the Adviser, the Adviser shall not be responsible for the Fund’s expenses, and the Fund assumes and shall pay or cause to be paid all of its expenses, including without limitation, all Fund expenses set forth in the Fund’s confidential private placement memorandum (as may be amended or otherwise modified from time to time). To the extent the Adviser incurs any costs or performs any services which are an obligation of the Fund, the Fund shall promptly reimburse the Adviser for such costs and expenses unless otherwise agreed to by the Adviser. To the extent the services for which the Fund is obligated to pay are performed by the Adviser, the Adviser shall be entitled to recover from the Fund only to the extent of its costs for such services, as reasonably determined.