Common use of Payment of Expenses by Investors Clause in Contracts

Payment of Expenses by Investors. The Board of Directors shall have the power, as frequently as it may determine, to cause each Investor of the Partnership, or each Investor of any particular Series, to pay directly, in advance or arrears, for charges of the Partnership's custodian or transfer, distribution disbursing, shareholder servicing, administrative services or similar agent, an amount fixed from time to time by the Board of Directors, by setting off such charges due from such Investor from declared but unpaid distributions owed such Investor and/or by reducing the number of Interests in the account of such Investor by that number of full and/or fractional Interests that represents the outstanding amount of such charges due from such Investor.

Payment of Expenses by Investors. The Board of Directors shall have the power, as frequently as it may determine, to cause each Investor of the PartnershipFund, or each Investor of any particular Series, to pay directly, in advance or arrears, for charges of the Partnership's Fund’s custodian or transfer, distribution disbursing, shareholder servicing, administrative services or similar agent, an amount fixed from time to time by the Board of Directors, by setting off such charges due from such Investor from declared but unpaid distributions owed such Investor and/or by reducing the number of Interests Shares in the account of such Investor by that number of full and/or fractional Interests Shares that represents the outstanding amount of such charges due from such Investor.