Common use of Quarterly Review of Expenses Clause in Contracts

Quarterly Review of Expenses. Within 45 days of the end of each fiscal quarter, each Party shall provide the other Party with a detailed description of such Party’s aggregate Organization and Offering Expenses and aggregate Operating Expenses incurred during such fiscal quarter for the purpose of the Parties’ jointly reviewing such expenses against applicable caps and limitations set forth in the Advisory Agreement.

Quarterly Review of Expenses. Within 45 days of the end of each fiscal quarter, each Party shall provide the other Party with a detailed description of such Party’s aggregate Organization and Offering Expenses and aggregate Operating Expenses incurred during such fiscal quarter for the purpose of the Parties’ jointly reviewing such expenses against applicable caps and limitations set forth in the Advisory Agreement.