Common use of Payment of Expenses by Trust Clause in Contracts

Payment of Expenses by Trust. Section 4. 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.

Appears in 2 contracts

Samples: Agreement and Declaration of Trust (Sei Daily Income Trust /Ma/), Agreement and Declaration of Trust (Sei Tax Exempt Trust)

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Payment of Expenses by Trust. Section 4. 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, 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 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.

Appears in 1 contract

Samples: Agreement and Declaration (Putnam Health Sciences Trust)

Payment of Expenses by Trust. Section 4. 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, 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 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.. Ownership of Assets of the Trust

Appears in 1 contract

Samples: Putnam Health Sciences Trust (Putnam Health Sciences Trust)

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Payment of Expenses by Trust. Section SECTION 4. 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, and such other agents or independent contractors and such other expenses and charges as the Trustees may deem necessary or proper to incur.

Appears in 1 contract

Samples: Trustfunds Tax Exempt Trust (Sei Tax Exempt Trust)

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