Common use of Qualifying Underwriters Clause in Contracts

Qualifying Underwriters. For the purposes of this Additional Compensation Agreement, each Underwriter which sells Common Shares of the Trusts with an aggregate purchase price to the public of at least $50,000,000 (which amount shall equal the aggregate purchase price to the public of any Firm Shares and Option Shares sold by such Underwriter, as determined in the sole discretion of UBS Warburg and set forth in Schedule B hereto) shall be a "Qualifying Underwriter"; provided, however, that UBS Warburg shall not be included in the term "Qualifying Underwriter." UBS Warburg may, in its sole and absolute discretion, waive such $50,000,000 sales requirement with respect to any Underwriter and determine such Underwriter to be a Qualifying Underwriter

Qualifying Underwriters. For the purposes of this Additional Compensation Agreement, each Underwriter which sells Common Shares of the Trusts Funds with an aggregate purchase price to the public of at least $50,000,000 (which amount shall equal the aggregate purchase price to the public of any Firm Shares and Option Additional Shares sold by such Underwriter, as determined in the sole discretion of UBS Warburg and set forth in Schedule B hereto) shall be a "Qualifying Underwriter"; provided, however, that UBS Warburg shall not be included in the term "Qualifying Underwriter." UBS Warburg may, in its sole and absolute discretion, waive such $50,000,000 sales requirement with respect to any Underwriter and determine such Underwriter to be a Qualifying Underwriter