Common use of No Fee; Reimbursement of Expenses; Limitations on Reimbursement of Expenses Clause in Contracts

No Fee; Reimbursement of Expenses; Limitations on Reimbursement of Expenses. In full consideration for the provision of the services provided by the Administrator under this Agreement, the parties acknowledge that there shall be no separate fee paid in connection with the services provided, notwithstanding that the Fund shall reimburse the Administrator no less than quarterly, for all expenses of the Fund incurred by the Administrator as well as the actual cost of goods and services used for or by the Fund and paid by the Administrator to third party entities not affiliated with the Administrator. The Administrator shall be reimbursed for the administrative services performed by it on behalf of the Fund; provided, however, that such costs are reasonably allocated by the Administrator to the Fund on the basis of assets, revenues, time allocations and/or other method conforming with generally accepted accounting principles.

No Fee; Reimbursement of Expenses; Limitations on Reimbursement of Expenses. In full consideration for the provision provisions of the services provided by the Administrator under this Agreement, the parties acknowledge that there shall be no separate fee paid in connection with the services provided, notwithstanding that the Fund shall reimburse the Administrator no less than quarterly, for all expenses of the Fund incurred by the Administrator as well as the actual cost of goods and services used for or by the Fund and paid by the Administrator to third party obtained from entities not affiliated with the Administrator. The Administrator shall be reimbursed for the administrative services performed by it on behalf of the Fund; provided, however, that such costs are reasonably allocated by the Administrator to the Fund on the basis of assets, revenues, time allocations and/or or other method conforming with generally accepted accounting principles.

No Fee; Reimbursement of Expenses; Limitations on Reimbursement of Expenses. In full consideration for the provision of the services provided by the Administrator under this Agreement, the parties acknowledge that there shall be no separate fee paid in connection with the services provided, notwithstanding that the Fund shall reimburse the Administrator no less than quarterly, quarterly for all expenses of the Fund incurred by the Administrator as well as the actual cost of goods and services used for or by the Fund and paid by the Administrator to third party obtained from entities not affiliated with the Administrator. The Administrator shall be reimbursed for the administrative services performed by it on behalf of the Fund; provided, however, that such costs are reasonably allocated by the Administrator to the Fund on the basis of assets, revenues, time allocations and/or or other method conforming with generally accepted accounting principles.