Payment of Reimbursement Amount. To effect the expense reimbursement provided for in this Agreement, the Fund may offset the appropriate Reimbursement Amount against the management fees, Rule 12b-1 fees and/or shareholder servicing fees payable under the Investment Management Agreement, Rule 12b-1 Plan and/or the Shareholder Servicing Agreement. Alternatively, the Reimbursement Amount shall be paid directly by IICO, IDI and/or WISC. Such offset shall be taken, or such direct payment shall be paid, two times per year within 30 days following the date of a Fund’s applicable semi-annual or annual reporting period.
Payment of Reimbursement Amount. To effect the expense reimbursement provided for in this Agreement, the Fund may offset the appropriate Reimbursement Amount against the 12b-1 and/or shareholder servicing fees payable under the 12b-1 Plan and/or the Shareholder Servicing Agreement. Alternatively, the Reimbursement Amount shall be paid monthly by IFDI and/or WRSCO within the first 10 days of each calendar quarter.
Payment of Reimbursement Amount. To effect the expense reimbursement provided for in this Agreement, the Fund, on behalf of each Class of its shares, may offset the appropriate Reimbursement Amount against the management fees, 12b-1 fees and/or shareholder servicing fees payable under the Investment Management Agreement, 12b-1 Plan and/or the Shareholder Servicing Agreement. Alternatively, the Reimbursement Amount shall be paid quarterly by IICO, IFDI and/or WRSCO within the first 10 days of each calendar quarter.
Payment of Reimbursement Amount. To effect the expense reimbursement provided for in this Agreement, the Reimbursement Amount shall be paid directly by IDI and/or WISC. Such direct payment shall be paid two times per year within 30 days following the date of a Fund’s applicable semi-annual or annual reporting period.
Payment of Reimbursement Amount. To effect the expense reimbursement provided for in this Agreement, the Fund may offset the appropriate Reimbursement Amount against the management fee payable under the Management Agreement. Alternatively, the Reimbursement Amount shall be paid monthly by WRIICO within the first 10 days of each month.
Payment of Reimbursement Amount. To effect the expense reimbursement provided for in this Agreement, the Fund, on behalf of its Class E shares, may offset the appropriate Reimbursement Amount against the 12b-1 and/or shareholder servicing fees payable under the 12b-1 Plans and/or the Shareholder Servicing Agreement. Alternatively, the Reimbursement Amount shall be paid monthly by IFDI and/or WRSCO within the first 10 days of each calendar quarter.
Payment of Reimbursement Amount. (a) Unless otherwise agreed to by the Lenders, Guarantor and Company agree that no payment shall be made in respect of the Reimbursement Amount or interest thereon (except as provided below in this Section 3.3(a)) prior to the Credit Agreement Termination Date; provided that Company shall be required to make -------- payments in respect of the Reimbursement Amount and interest thereon to the extent of 50 percent of the Excess Cash Flow available for such purpose (if any) as provided in clause ninth of Section 8.08(d) of the Credit Agreement; such payments shall be applied first to interest and then to the Reimbursement Amount and shall be payable on each Semi-Annual Payment Date based upon the Excess Cash Flow for the semi-annual period ending on such Semi-Annual Payment Date. Notwithstanding anything herein to the contrary, Guarantor and Company agree that no payment shall be required or made in respect of the Reimbursement Amount or interest thereon during any time when a Default or Designated Event has occurred and is continuing or would result therefrom (it being understood and agreed that any payment default under the Credit Agreement cured by the Guarantor shall not be a Default or Designated Event thereunder upon and subsequent to such cure).
Payment of Reimbursement Amount. To effect the expense reimbursement provided for in this Agreement, a Fund may offset the appropriate Reimbursement Amount against the management fees, Rule 12b-1 fees and/or shareholder servicing fees payable under the Investment Management Agreement, Rule 12b-1 Plan and/or the Shareholder Servicing Agreement. Alternatively, the Reimbursement Amount shall be paid directly by IICO, IDI and/or WISC. Such offset shall be taken, or such direct payment shall be paid, two times per year within 30 days following the date of a Fund’s applicable semi-annual or annual reporting period. 1 Xxx XxXxxxx Global Real Estate Fund (Fund) does not currently offer a Class R6 share class. It is anticipated that the Ivy Funds’ Class R6 share class will convert to a new Class N share class during the term of this Agreement and that the Fund will either adopt a Class R6 share class that will convert into Class N or will simply adopt a new Class N share class. This 1.05% waiver is effective upon the future launch of either a Class R6 share class or a Class N share class by the Fund.
Payment of Reimbursement Amount. To effect the expense reimbursement provided for in this Agreement, the Fund may offset the appropriate Reimbursement Amount against the management and/or accounting and administrative services fees payable under the Investment Management Agreement and/or the Accounting and Administrative Services Agreement. Alternatively, the Reimbursement Amount shall be paid directly by IICO and/or WISC. Such offset shall be taken, or such direct payment shall be paid monthly before each month’s end.
Payment of Reimbursement Amount. To reimburse expenses provided for in this Agreement, the Fund may offset the appropriate reimbursement amounts against the management fees and/or shareholder servicing fees payable under the Investment Management Agreement and/or the Shareholder Servicing Agreement. Alternatively, the reimbursement amount shall be paid directly by DMC, DDLP and/or DIFSC.
