Securities Lending Fees. As compensation for services provided by the Adviser in connection with any securities lending-related activities of the Fund, the Fund shall pay to the Adviser, 10% of the monthly investment income received from the investment of cash collateral and loan fees received from borrowers in respect of securities loans (net of any amounts paid to the custodian and/or securities lending agent or rebated to borrowers).
Appears in 4 contracts
Samples: Investment Advisory Agreement (Krane Shares Trust), Investment Advisory Agreement (Krane Shares Trust), Investment Advisory Agreement (Krane Shares Trust)
Securities Lending Fees. As compensation for services provided by the Adviser in connection with any securities lending-related activities of each Fund covered by the FundAgreement, except the Quadratic Interest Rate Volatility and Inflation Hedge ETF, a lending Fund shall pay to the Adviser, Adviser 10% of the monthly investment income received from the investment of cash collateral and loan fees received from borrowers in respect of securities loans (net of any amounts paid to the custodian and/or securities lending agent or rebated to borrowers).
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Samples: Krane Shares Trust
Securities Lending Fees. As compensation for services provided by the Adviser in connection with any securities lending-related activities of the each Fund, the a lending Fund shall pay to the Adviser, 10% of the monthly investment income received from the investment of cash collateral and loan fees received from borrowers in respect of securities loans (net of any amounts paid to the custodian and/or securities lending agent or rebated to borrowers).
Appears in 1 contract
Samples: Krane Shares Trust
Securities Lending Fees. As compensation for services provided by the Adviser in connection with any securities lending-related lending activities of the each Fund, the a lending Fund shall pay to the Adviser, 10% of the monthly investment income received from the investment (net of any amounts paid to borrowers) on cash collateral and of the loan fees received from borrowers in respect of each securities loan, less custodial and similar expenses relating to such loans (net other than the portion of any such amounts paid payable by the Fund as fees to the custodian and/or a securities lending agent or rebated to borrowers)agent.
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