Common use of Payment of Fund Expenses Clause in Contracts

Payment of Fund Expenses. The parties hereto acknowledge that, pursuant to a Special Servicing Agreement entered into between and among the Corporation, the Manager, various funds in which the Corporation may invest (the “Underlying Price Funds”) and X. Xxxx Price Services, Inc., if the Board of Directors/Trustees of any Underlying Price Fund determines that the aggregate expenses of the Corporation are less than the estimated savings to the Underlying Price Fund from the operation of the Corporation, the Underlying Price Fund will bear those expenses in proportion to the average daily value of its shares owned by the Corporation, provided further that no Underlying Price Fund will bear such expenses in excess of the estimated savings to it (“Excess Expenses”). However, as part of the consideration for the Fund entering into this Agreement, the Manager hereby agrees that it will bear any such Excess Expense.

Payment of Fund Expenses. The parties hereto acknowledge that, pursuant to a Special Servicing Agreement entered into between and among the Corporation, the Manager, various funds in which the Corporation may invest (the “"Underlying Price Funds”") and X. Xxxx Price Services, Inc., if the Board of Directors/Trustees of any Underlying Price Fund determines that the aggregate expenses of the Corporation are less than the estimated savings to the Underlying Price Fund from the operation of the Corporation, the Underlying Price Fund will bear those expenses in proportion to the average daily value of its shares owned by the Corporation, provided further that no Underlying Price Fund will bear such expenses in excess of the estimated savings to it (“"Excess Expenses”"). However, as part of the consideration for the Fund entering into this Agreement, the Manager hereby agrees that it will bear any such Excess Expense.

Payment of Fund Expenses. The parties hereto acknowledge that, pursuant to a Special Servicing Agreement entered into between and among the Corporation, the Manager, various funds in which the Corporation may invest (the “Underlying Price Funds”"UNDERLYING PRICE FUNDS") and X. Xxxx Price Services, Inc., if the Board of Directors/Trustees of any Underlying Price Fund determines that the aggregate expenses of the Corporation are less than the estimated savings to the Underlying Price Fund from the operation of the Corporation, the Underlying Price Fund will bear those expenses in proportion to the average daily value of its shares owned by the Corporation, provided further that no Underlying Price Fund will bear such expenses in excess of the estimated savings to it (“Excess Expenses”"EXCESS EXPENSES"). However, as part of the consideration for the Fund entering into this Agreement, the Manager hereby agrees that it will bear any such Excess Expense.