Payment of Excess Amounts. The Sub-Adviser shall pay to the Investment Manager a portion of any Excess Amounts paid by the Investment Manager hereunder with regard to any Fund subject to the Sub-Advisory Agreement. The Sub-Adviser’s portion of such Excess Amounts shall be the same percentage of such Excess Amounts as the percentage of the investment advisory fees for such Fund that the Sub-Adviser receives from the Investment Manager. The Investment Manager may offset amounts owed to the Investment Manager pursuant to this Section 3.2 against the sub-advisory fees paid to the Sub-Adviser. Otherwise, the Investment Manager shall provide an invoice to the Sub-Adviser and the Sub-Adviser shall pay such invoice promptly upon receipt.
Appears in 5 contracts
Samples: Expense Limitation Agreement (Voya MUTUAL FUNDS), Expense Limitation Agreement (Voya MUTUAL FUNDS), Expense Limitation Agreement (Voya MUTUAL FUNDS)
Payment of Excess Amounts. The Each Sub-Adviser shall pay to the Investment Manager a portion of any Excess Amounts paid by the Investment Manager hereunder with regard to any Fund subject to the such Sub-Adviser's Sub-Advisory Agreement. The A Sub-Adviser’s 's portion of such Excess Amounts shall be the same percentage of such Excess Amounts as the percentage of the investment advisory fees for such Fund that the Sub-Adviser receives from the Investment Manager. The Investment Manager may offset amounts owed to the Investment Manager pursuant to this Section 3.2 against the sub-advisory fees paid to the applicable Sub-Adviser. Otherwise, the Investment Manager shall provide an invoice to the such Sub-Adviser and the Sub-Adviser shall pay such invoice promptly upon receipt.
Appears in 5 contracts
Samples: Expense Limitation Agreement (Ing Equity Trust), Expense Limitation Agreement (Ing Equity Trust), Expense Limitation Agreement (Ing Equity Trust)
Payment of Excess Amounts. The Each Sub-Adviser shall pay to the Investment Manager a portion of any Excess Amounts paid by the Investment Manager hereunder with regard to any Fund subject to the such Sub-Adviser’s Sub-Advisory Agreement. The A Sub-Adviser’s portion of such Excess Amounts shall be the same percentage of such Excess Amounts as the percentage of the investment advisory fees for such Fund that the Sub-Adviser receives from the Investment Manager. The Investment Manager may offset amounts owed to the Investment Manager pursuant to this Section 3.2 against the sub-advisory fees paid to the applicable Sub-Adviser. Otherwise, the Investment Manager shall provide an invoice to the such Sub-Adviser and the Sub-Adviser shall pay such invoice promptly upon receipt.
Appears in 4 contracts
Samples: Expense Limitation Agreement (Voya EQUITY TRUST), Expense Limitation Agreement (Voya EQUITY TRUST), Expense Limitation Agreement (Voya EQUITY TRUST)
Payment of Excess Amounts. The Sub-Adviser shall pay to the Investment Manager a portion of any Excess Amounts paid by the Investment Manager hereunder with regard to any Fund subject to the Sub-Advisory Agreement. The Sub-Adviser’s 's portion of such Excess Amounts shall be the same percentage of such Excess Amounts as the percentage of the investment advisory fees for such Fund that the Sub-Adviser receives from the Investment Manager. The Investment Manager may offset amounts owed to the Investment Manager pursuant to this Section 3.2 against the sub-advisory fees paid to the Sub-Adviser. Otherwise, the Investment Manager shall provide an invoice to the Sub-Adviser and the Sub-Adviser shall pay such invoice promptly upon receipt.
Appears in 4 contracts
Samples: Expense Limitation Agreement (Ing Mutual Funds), Expense Limitation Agreement (Ing Mutual Funds), Expense Limitation Agreement (Ing Mutual Funds)
