Reimbursement to the Fund. If in any fiscal year the aggregate expenses of the Fund (including fees pursuant to this Agreement and the Fund's administration agreements, but excluding interest, taxes, brokerage and, if permitted by state securities commissions, extraordinary expenses) exceed the expense limitation of any state having jurisdiction over the Fund, the Adviser will reimburse the Fund for such excess expense. The Adviser's expense reimbursement obligation will be limited to the amount of its fees received pursuant to this Agreement. Such expense reimbursement, if any, will be estimated, reconciled and paid on an annual basis.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Warburg Pincus Japan Growth Fund Inc), Investment Advisory Agreement (Warburg Pincus Small Co Value Fund Inc)
Reimbursement to the Fund. If in any fiscal year the aggregate expenses of the Fund Portfolio (including fees pursuant to this Agreement and the FundPortfolio's administration agreements, but excluding interest, taxes, brokerage and, if permitted by state securities commissions, extraordinary expenses) exceed the expense limitation of any state having jurisdiction over the FundPortfolio, the Adviser will reimburse the Fund Portfolio for such excess expense. The Adviser's expense reimbursement obligation will be limited to the amount of its fees received pursuant to this Agreement. Such expense reimbursement, if any, will be estimated, reconciled and paid on an annual a monthly basis.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Warburg Pincus Institutional Fund Inc), Investment Advisory Agreement (Warburg Pincus Institutional Fund Inc)
Reimbursement to the Fund. If in any fiscal year the aggregate expenses of the Fund (including fees pursuant to this Agreement and the Fund's administration agreementsagreement, but excluding interest, taxes, brokerage and, if permitted by state securities commissions, extraordinary expenses) exceed the expense limitation of any state having jurisdiction over the Fund, the Adviser will reimburse the Fund for such excess expense. The Adviser's expense reimbursement obligation will be limited to the amount of its fees received pursuant to this Agreement. Such expense reimbursement, if any, will be estimated, reconciled and paid on an annual basis.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Warburg Pincus New York Intermediate Municipal Fund), Investment Advisory Agreement (Warburg Pincus Global Fixed Income Fund Inc)
Reimbursement to the Fund. If in any fiscal year the aggregate expenses of the Fund (including fees pursuant to this Agreement and the Fund's administration agreementsagreement, but excluding interest, taxes, brokerage and, if permitted by state securities commissions, extraordinary expenses) exceed the expense limitation of any state having jurisdiction over the Fund, the Adviser will reimburse the Fund for such excess expense. The Adviser's expense expenses reimbursement obligation will be limited to the amount of its fees received pursuant to this Agreement. Such expense reimbursement, if any, will be estimated, reconciled and paid on an annual basis.
Appears in 1 contract
Samples: Investment Advisory Agreement (Warburg Pincus Fixed Income Fund /Ny/)
Reimbursement to the Fund. If in any fiscal year the aggregate expenses of the Fund (including fees pursuant to this Agreement and the Fund's administration agreementsagreement, but excluding interest, taxes, brokerage and, if permitted by state securities commissions, extraordinary expenses) exceed the expense limitation of any state having jurisdiction over the Fund, the Adviser will reimburse the Fund for such excess expense. The Adviser's expense reimbursement obligation will be limited to the amount of its fees received pursuant to this Agreement. Such expense reimbursement, if any, will be estimated, reconciled and paid on an annual a monthly basis.
Appears in 1 contract
Samples: Investment Advisory Agreement (Warburg Pincus Intermediate Maturity Government Fund)