Common use of Payment of Expenses by the Company Clause in Contracts

Payment of Expenses by the Company. The Trustees are authorized to pay or cause to be paid out of the principal or income of the Company, or partly out of principal and partly out of income, as they deem fair, all expenses, fees, charges, taxes and liabilities incurred or arising in connection with the Company, or in connection with the management thereof, including but not limited to, the Trustees' compensation and such expenses and charges for the services of the Company's officers, employees, investment adviser or Trustee, principal underwriter, auditor, counsel, custodian, transfer agent, shareholder servicing agent, and such other agents or independent contractors and such other expenses and charges as the Trustees may deem necessary or proper to incur.

Payment of Expenses by the Company. The Trustees Directors are authorized to pay or cause to be paid out of the principal or income of the CompanyTrust, or partly out of the principal and partly out of income, as they deem fair, all expenses, fees, charges, taxes and liabilities incurred or arising in connection with the Company, or in connection with the management thereof, including including, but not limited to, the TrusteesDirectors' compensation and such expenses and charges for the services of the Company's officers, employees, investment adviser or Trusteemanager, principal underwriterPrincipal Underwriter, auditorauditors, counsel, custodian, transfer agent, shareholder Shareholder servicing agent, and such other agents or independent contractors and such other expenses and charges as the Trustees Directors may deem necessary or proper to incur, which expenses, fees, charges, taxes and liabilities shall be allocated in accordance with Article III, Section 6 hereof.

Payment of Expenses by the Company. The Trustees Directors are authorized to pay or cause to be paid out of the principal or income of the CompanyTrust, or partly out of the principal and partly out of income, as they deem fair, all expenses, fees, charges, taxes and liabilities incurred or arising in connection with the Company, or in connection with the management thereof, including including, but not limited to, the Trustees' Directors’ compensation and such expenses and charges for the services of the Company's ’s officers, employees, investment adviser or Trusteemanager, principal underwriterPrincipal Underwriter, auditorauditors, counsel, custodian, transfer agent, shareholder Shareholder servicing agent, and such other agents or independent contractors and such other expenses and charges as the Trustees Directors may deem necessary or proper to incur, which expenses, fees, charges, taxes and liabilities shall be allocated in accordance with Article III, Section 6 hereof.

Payment of Expenses by the Company. The Trustees Directors are authorized to pay or cause to be paid out of the principal or income of the Company, or partly out of the principal and partly out of income, as they deem fair, all expenses, fees, charges, taxes and liabilities incurred or arising in connection with the Company, or in connection with the management thereof, including including, but not limited to, the Trustees' Directors compensation and such expenses and charges for the services of the Company's ’s officers, employees, investment adviser or Trusteemanager, principal underwriterPrincipal Underwriter, auditorauditors, counsel, custodian, transfer agent, shareholder servicing agent, and such other agents or independent contractors and such other expenses and charges as the Trustees Directors may deem necessary or proper to incur, which expenses, fees, charges, taxes and liabilities shall be allocated in accordance with Article III, Section 6 hereof.