Common use of Method of Computation Clause in Contracts

Method of Computation. To determine a Fund’s accrual, if any, to reimburse the Adviser for the Reimbursement Amount, each month the Fund Operating Expenses of the Fund shall be annualized as of the last day of the month. If the annualized Fund Operating Expenses of the Fund for any month are less than the Operating Expense Limit of such Fund, such Fund, shall accrue into its net asset value an amount payable to the Adviser sufficient to increase the annualized Fund Operating Expenses of that Fund to an amount no greater than the Operating Expense Limit of that Fund, provided that such amount paid to the Adviser will in no event exceed the total Reimbursement Amount. For accounting purposes, when the annualized Fund Operating Expenses of a Fund are below the Operating Expense Limit, a liability will be accrued daily for these amounts.

Method of Computation. To determine a the Fund’s accrual, if any, to reimburse the Adviser for the Reimbursement Amount, each month the Fund Operating Expenses of the Fund shall be annualized as of the last day of the month. If the annualized Fund Operating Expenses of the Fund for any month are less than the Operating Expense Limit of such the Fund, such Fund, the Fund shall accrue into its net asset value an amount payable to the Adviser sufficient to increase the annualized Fund Operating Expenses of that the Fund to an amount no greater than the Operating Expense Limit of that Fund, provided that such amount paid to the Adviser will in no event exceed the total Reimbursement Amount. For accounting purposes, when the annualized Fund Operating Expenses of a the Fund are below the Operating Expense Limit, a liability will be accrued daily monthly for these amounts.

Method of Computation. To determine a Fund’s accrual, if any, to reimburse the Adviser for the Reimbursement Amount, each month the Fund Operating Short Sale Expenses of the such Fund shall be annualized as of the last day of the month. If the annualized Fund Operating Short Sale Expenses of the a Fund for any month are less than the Operating Maximum Annual Short Sale Expense Limit of such Fund, such Fund, Fund shall accrue into its net asset value an amount payable to the Adviser sufficient to increase the annualized Fund Operating Short Sale Expenses of that Fund to an amount no greater than the Operating Maximum Annual Short Sale Expense Limit of that Fund, provided that such amount paid to the Adviser will in no event exceed the total Reimbursement Amount. For accounting purposes, when the annualized Fund Operating Expenses of a Fund are below the Operating Expense Limit, amounts accrued pursuant to this Section 2 shall be a liability will be accrued daily of the Fund for these amountspurposes of determining the Fund’s net asset value.

Method of Computation. To determine a each Fund’s accrual, if any, to reimburse the Adviser for the Reimbursement Amount, each month day the Fund Operating Expenses of the each Fund shall be annualized as of the last day of the monthprior day. If the annualized Fund Operating Expenses of the a Fund for any month are day is less than the Maximum Annual Operating Expense Limit of such Fund, such Fund, Fund shall accrue into its net asset value an amount payable to the Adviser sufficient to increase the annualized Fund Operating Expenses of that Fund to an amount no greater than the Maximum Annual Operating Expense Limit of that Fund, provided that such amount paid to the Adviser will in no event exceed the total Reimbursement Amount. For accounting purposes, when the annualized Fund Operating Expenses of a Fund are below the Operating Expense Limit, amounts accrued pursuant to this Section 2 shall be a liability will be accrued daily of the Fund for these amountspurposes of determining the Fund’s net asset value.

Method of Computation. To determine a the Fund’s accrual, if any, to reimburse the Adviser for the Reimbursement Amount, each month the Fund Operating Expenses fund operating expenses for that month of the Fund shall be annualized as of the last day of the month. If the annualized Fund Operating Expenses fund operating expenses of the Fund for any month are less than the Operating Expense Limit of such the Fund, such Fund, the Fund shall accrue into its net asset value an amount payable to the Adviser sufficient to increase the annualized Fund Operating Expenses fund operating expenses of that the Fund to an amount no greater than the Operating Expense Limit of that the Fund, provided that such amount paid to the Adviser will in no event exceed the total Reimbursement Amount. For accounting purposes, when the annualized Fund Operating Expenses fund operating expenses of a the Fund are below the Operating Expense Limit, a liability will be accrued daily for these amounts.

Method of Computation. To determine a Fund’s accrual, if any, to reimburse the Adviser Advisor for the Reimbursement Amount, each month the Fund Operating Expenses of the Fund shall be annualized as of the last day of the month. If the annualized Fund Operating Expenses of the Fund for any month are less than the Operating Expense Limit of such Fund, such Fund, shall accrue into its net asset value an amount payable to the Adviser Advisor sufficient to increase the annualized Fund Operating Expenses of that Fund to an amount no greater than the Operating Expense Limit of that Fund, provided that such amount paid to the Adviser Advisor will in no event exceed the total Reimbursement Amount. For accounting purposes, when the annualized Fund Operating Expenses of a Fund are below the Operating Expense Limit, a liability will be accrued daily for these amounts.

Method of Computation. To determine a the Fund’s accrual, if any, to reimburse the Adviser for the Reimbursement Amount, each month the Fund Operating Expenses of the Fund for that month shall be annualized as of the last day of the month. If the annualized Fund Operating Expenses of the Fund for any month are less than the Operating Expense Limit of such the Fund, such Fund, the Fund shall accrue into its net asset value an amount payable to the Adviser sufficient to increase the annualized Fund Operating Expenses of that Fund to an amount no greater than the Operating Expense Limit of that Fund, provided that such amount paid to the Adviser will in no event exceed the total Reimbursement Amount. For accounting purposes, when the annualized Fund Operating Expenses of a the Fund are below the Operating Expense Limit, a liability will be accrued daily for these amounts.

Method of Computation. To determine a the Fund’s 's accrual, if any, to reimburse the Adviser Advisor for the Reimbursement Amount, each month the Fund Operating Expenses of the Fund shall be annualized as of the last day of the month. If the annualized Fund Operating Expenses of the Fund for any month are less than the Operating Expense Limit of such Fund, such Fund, shall accrue into its net asset value an amount payable to the Adviser Advisor sufficient to increase the annualized Fund Operating Expenses of that Fund to an amount no greater than the Operating Expense Limit of that Fund, provided that such amount paid to the Adviser Advisor will in no event exceed the total Reimbursement Amount. For accounting purposes, when the annualized Fund Operating Expenses of a the Fund are below the Operating Expense Limit, a liability will be accrued daily for these amounts.

Method of Computation. To determine a the Fund’s 's accrual, if any, to reimburse the Adviser for the Reimbursement Amount, each month the Fund Operating Expenses of the Fund shall be annualized as of the last day of the month. If the annualized Fund Operating Expenses of the Fund for any month are less than the Operating Expense Limit of such Fund, such Fund, shall accrue into its net asset value an amount payable to the Adviser sufficient to increase the annualized Fund Operating Expenses of that Fund to an amount no greater than the Operating Expense Limit of that Fund, provided that such amount paid to the Adviser will in no event exceed the total Reimbursement Amount. For accounting purposes, when the annualized Fund Operating Expenses of a the Fund are below the Operating Expense Limit, a liability will be accrued daily for these amounts.

Method of Computation. To determine a the Fund’s accrual, if any, to reimburse the Adviser for the Reimbursement Amount, each month the Fund Operating Expenses of the Fund shall be annualized as of the last day of the month. If the annualized Fund Operating Expenses of the Fund for any month are less than the Operating Expense Limit of such the Fund, such the Fund, shall accrue into its net asset value an amount payable to the Adviser sufficient to increase the annualized Fund Operating Expenses of that Fund to an amount no greater than the Operating Expense Limit of that the Fund, provided that such amount paid to the Adviser will in no event exceed the total Reimbursement Amount. For accounting purposes, when the annualized Fund Operating Expenses of a the Fund are below the Operating Expense Limit, a liability will be accrued daily for these amounts.