Common use of Payment of Expenses by Trust Clause in Contracts

Payment of Expenses by Trust. The Trustees are authorized to pay or to cause to be paid out of the principal or income of the Trust, 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 Trust, 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 Trust's officers, employees, investment adviser or manager, principal underwriter, auditor, counsel, custodian, transfer agent, Shareholder services agent and such other agents or independent contractors, and such other expenses and charges, as the Trustees may deem necessary or proper to incur, provided, however, that all expenses, fees, charges, taxes and liabilities incurred or arising in connection with a particular series of Shares, as determined by the Trustees, shall be payable solely out of the assets of that series.

Appears in 15 contracts

Samples: Agreement and Declaration of Trust (Colonial Trust Ii /), Trust Agreement (Stein Roe Advisor Floating Rate Advantage Fund/Ma), Trust Agreement (Stein Roe Trust)

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Payment of Expenses by Trust. The Trustees are authorized to pay or to cause to be paid out of the principal or income of the Trust, 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 Trust, 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 Trust's officers, employees, investment adviser or manager, principal underwriter, auditor, counsel, custodian, transfer agent, Shareholder services agent servicing agent, and such other agents or independent contractors, contractors and such other expenses and charges, charges as the Trustees may deem necessary or proper to incur, provided, however, that all expenses, fees, charges, taxes and liabilities incurred or arising in connection with a particular series Series of Shares, as determined by the Trustees, Shares shall be payable solely out of the assets of that seriesSeries.

Appears in 3 contracts

Samples: Agreement and Declaration of Trust (Pear Tree Funds), Agreement and Declaration of Trust (Pear Tree Funds), Agreement and Declaration of Trust (Pear Tree Funds)

Payment of Expenses by Trust. The Trustees are authorized to pay or to cause to be paid out of the principal or income of the Trust, 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 Trust, 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 Trust's officers, employees, investment adviser or manager, principal underwriter, auditor, counsel, custodian, transfer agent, Shareholder services agent servicing agent, and such other agents or independent contractors, contractors and any such other expenses and charges, charges as the Trustees may deem necessary or proper to incur, provided, however, that all expenses, fees, charges, taxes and liabilities incurred or arising in connection with a particular series of Shares, as determined by the Trustees, Shares shall be payable solely out of the assets of that series.

Appears in 3 contracts

Samples: Agreement and Declaration of Trust (Putnam California Tax Exempt Money Market Fund), Agreement and Declaration of Trust (Putnam International Equity Fund /Ma/), Agreement and Declaration of Trust (Putnam International Growth Fund /Ma/)

Payment of Expenses by Trust. The Trustees are authorized to pay or to cause to be paid out of the principal or income of the Trust, 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 Trust, 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 Trust's officers, employees, investment adviser or manager, principal underwriter, auditor, counsel, custodian, transfer agent, Shareholder services agent servicing agent, and such other agents or independent contractors, contractors and such other expenses and charges, charges as the Trustees may deem necessary or proper to incur, ; provided, however, that all expenses, fees, charges, taxes and liabilities incurred or arising 7 in connection with a particular series of Shares, as determined by the Trustees, shall be payable solely out of the assets of that series.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Variable Investors Series Trust /Ma/)

Payment of Expenses by Trust. The Trustees are authorized to pay or to cause to be paid out of the principal or income of the Trust, 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 Trust, 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 Trust's officers, employees, investment adviser or manager, principal underwriter, auditor, counsel, custodian, transfer agent, Shareholder services agent and such other agents or independent contractors, and such other expenses and charges, as the Trustees may deem necessary or proper to incur, providedProvided, however, that all expenses, fees, charges, taxes and liabilities incurred or arising in connection with a particular series of Shares, as determined by the Trustees, shall be payable solely out of the assets of that series.

Appears in 1 contract

Samples: Trust Agreement (Jackson National Capital Management Funds)

Payment of Expenses by Trust. The Trustees are authorized to pay or to cause to be paid out of the principal or income of the Trust, 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 Trust, 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 Trust's officers, employees, investment adviser or manager, principal underwriter, auditor, counsel, custodian, transfer agent, Shareholder services agent servicing agent, and such other agents or independent contractors, contractors and such other expenses and charges, charges as the Trustees may deem necessary or proper to incur, provided, however, that all expenses, fees, charges, taxes and liabilities incurred or arising in connection with a particular series of Shares, as determined by the Trustees, Shares shall be payable solely out of the assets of that series.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Putnam New York Tax Exempt Opportunities Fund)

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Payment of Expenses by Trust. The Trustees are authorized to pay or to cause to be paid out of the principal or income of the Trust, 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 Trust, 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 Trust's officers, employees, investment adviser or manager, principal underwriter, auditor, counsel, custodian, transfer agent, Shareholder services agent agent, and such other agents or independent contractors, contractors and such other expenses and charges, charges as the Trustees may deem necessary or proper to incur, providedPROVIDED, howeverHOWEVER, that all expenses, fees, charges, taxes and liabilities incurred or arising in connection with a particular series of Shares, Shares as determined by the Trustees, shall be payable solely out of the assets of that series.

Appears in 1 contract

Samples: Trust Agreement (Sei Index Funds)

Payment of Expenses by Trust. The Trustees are authorized to pay or to cause to be paid out of the principal or income of the Trust, 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 Trust, 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 Trust's officers, employees, investment adviser or manager, principal underwriter, auditor, counsel, custodian, transfer agent, Shareholder services agent and such other agents or independent contractors, and such other expenses and charges, as the Trustees may deem necessary or proper to incur, provided, however, that all expenses, fees, charges, taxes and liabilities incurred or arising in connection with a particular series of Shares, as determined by the Trustees, shall be payable solely out of the assets of that series.. Ownership of

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Colonial Trust Iii)

Payment of Expenses by Trust. The Trustees are authorized to pay or to cause to be paid out of the principal or income of the Trust, 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 Trust, 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 Trust's ’s officers, employees, investment adviser or manager, principal underwriter, auditor, counsel, custodian, transfer agent, Shareholder services agent servicing agent, and such other agents or independent contractors, contractors and such other expenses and charges, charges as the Trustees may deem necessary or proper to incur, provided, however, that all expenses, fees, charges, taxes and liabilities incurred or arising in connection with a particular series Series of Shares, as determined by the Trustees, Shares shall be payable solely out of the assets of that seriesSeries.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Pear Tree Funds)

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