Share Class Net Total Expense Ratio Cap Sample Clauses

Share Class Net Total Expense Ratio Cap. Class A 0.65% Class B 0.65% Class C 0.65% Class R 0.80% Class R3 0.80% Class R4 0.80% Class R5 0.65% Class R6 0.55% Class Y 0.65%
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Share Class Net Total Expense Ratio Cap. Class A 0.55% Class C 0.55% Class R 0.70% Class R3 0.70% Class R4 0.70% Class R5 0.55% Class R6 0.45% Class Y 0.55% Effective October [15], 2020, this contractual undertaking supersedes any prior contractual expense limitation provisions between PIM and the funds. This undertaking shall be binding upon any successors and assignees of PIM.
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Share Class Net Total Expense Ratio Cap. Class A 0.60% Class B 0.60% Class C 0.60% Class R 0.75% Class R3 0.75% Class R4 0.75% Class R5 0.60% Class R6 0.50% Class Y 0.60% ______________________________ 1 The net total expense ratio cap included in the table for the RetirementReady Funds is to become effective on or around February 10, 2023 (the “New Expense Cap”), at the time of the effective date of the prospectus reflecting the repositioning of the Xxxxxx RetirementReady Funds as the Xxxxxx Sustainable Retirement Funds (the “Repositioning Prospectus”). Prior to such effective date, the net total expense ratio cap for each share class is as follows: Class A – 0.65%, Class B – 0.65%, Class C – 0.65%, Class R – 0.80%, Class R3 – 0.80%, Class R4 – 0.80%, Class R5 – 0.65%, Class R6 – 0.55%, Class Y – 0.65%. 2 The New Expense Cap will run for three years from the effective date of the Repositioning Prospectus (except for Xxxxxx Sustainable Retirement 2060 Fund, which will remain in effect through the date that is ten years after the effective date of the Repositioning Prospectus).
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Share Class Net Total Expense Ratio Cap. Class A 0.55% Class C 0.55% Class R 0.70% Class R3 0.70% Class R4 0.70% Class R5 0.55% Class R6 0.45% Class Y 0.55% Effective July 1, 2021, this contractual undertaking supersedes any prior contractual expense limitation provisions between PIM and the funds. This undertaking shall be binding upon any successors and assignees of PIM. A copy of the Declaration of Trust (including any amendments thereto) of each of The Xxxxxx Funds is on file with the Secretary of The Commonwealth of Massachusetts, and notice is hereby given that this instrument is executed on behalf of the Trustees of each Xxxxxx Fund as trustees and not individually and that the obligations of or arising out of this instrument are not binding upon any of the Trustees or officers or shareholders individually, but binding only upon the assets and property of each Xxxxxx Fund with respect to its obligations under this instrument. Furthermore, notice is given that the assets and liabilities of each series of each Xxxxxx Fund that is a series company are separate and distinct and that the obligations of or arising out of this instrument are several and not joint or joint and several and are binding only on the assets of each series with respect to its obligations under this instrument. Each fund is acting on its own behalf separately from all of the other investment companies and not jointly or jointly and severally with any of the other investment companies. Very truly yours, XXXXXX INVESTMENT MANAGEMENT, LLC By: /s/ Xxxxxxx X. Xxxx__________ Xxxxxxx X. Xxxx Vice President and Chief Legal Officer Agreed and accepted by each Xxxxxx fund listed on Schedule A, Schedule B and Schedule C By: /s/ Xxxxxxxx X. Xxxxxxx_______________ Xxxxxxxx X. Xxxxxxx Executive Vice President, Principal Executive Officer, and Compliance Liaison Schedule A Xxxxxx California Tax Exempt Income Fund Xxxxxx Convertible Securities Fund Xxxxxx Diversified Income Trust Xxxxxx Asset Allocation Funds - Xxxxxx Dynamic Asset Allocation Balanced Fund - Xxxxxx Dynamic Asset Allocation Conservative Fund - Xxxxxx Dynamic Asset Allocation Growth Fund - Xxxxxx Income Strategies Portfolio Xxxxxx Focused International Equity Fund Xxxxxx Funds Trust - Xxxxxx Dynamic Risk Allocation Fund - Xxxxxx Emerging Markets Equity Fund - Xxxxxx Fixed Income Absolute Return Fund - Xxxxxx Floating Rate Income Fund - Xxxxxx Focused Equity Fund - Xxxxxx Global Technology Fund - Xxxxxx Intermediate-Term Municipal Income Fund - Xxxxxx International Value F...
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Related to Share Class Net Total Expense Ratio Cap

  • Minimum Consolidated EBITDA (a) The Borrower will not permit Consolidated EBITDA (i) for the Borrower's fiscal quarter ending closest to June 30, 1997 to be less than $2,500,000 and (ii) for any Test Period ending on the last day of a fiscal quarter of the Borrower set forth below to be less than the amount set forth opposite such fiscal quarter below: Fiscal Quarter Ending Closest To Amount ----------------- ------ September 30, 1997 $5,000,000 December 31, 1997 $5,000,000 March 31, 1998 $5,000,000 June 30, 1998 $5,000,000 September 30, 1998 $5,000,000 December 31, 1998 $5,000,000 March 31, 1999 $5,000,000 June 30, 1999 $5,000,000 -64- September 30, 1999 $ 5,000,000 December 31, 1999 $ 5,000,000 March 31, 2000 $ 5,000,000 June 30, 2000 $10,000,000 September 30, 2000 $15,000,000 December 31, 2000 $15,000,000 March 31, 2001 $15,000,000 June 30, 2001 $15,750,000 September 30, 2001 $16,500,000 December 31, 2001 $16,500,000 March 31, 2002 $16,500,000 June 30, 2002 $16,500,000

  • Consolidated Total Net Leverage Ratio Permit the Consolidated Total Net Leverage Ratio on the last day of any fiscal quarter occurring during any period set forth below, to be greater than the ratio set forth below opposite such period: Period Maximum Consolidated Total Net Leverage Ratio Closing Date through and including September 30, 2014 7.25:1.00 December 31, 2014 through and including September 30, 2015 6.75:1.00 December 31, 2015 and thereafter 6.50:1.00

  • Maximum Consolidated Total Leverage Ratio Permit the Consolidated Total Leverage Ratio of the Borrower and its Consolidated Subsidiaries at any time during any consecutive four fiscal quarter period to be greater than (i) 3.75 to 1.00 during any such period ending on or before March 31, 2012, or (ii) 3.50 to 1.00 during any period thereafter.

  • Total Net Leverage Ratio The Borrower will not permit the Total Net Leverage Ratio as of the end of any Fiscal Quarter to exceed 3.50 to 1.00.

  • Maximum Total Leverage Ratio Permit the Total Leverage Ratio as of the last day of any fiscal quarter, commencing with the fiscal quarter ending December 31, 2014, to exceed the ratio set forth below with respect to such fiscal quarter: Fiscal Quarter Maximum Total Leverage Ratio Fiscal quarter ending September 30, 2016 4.50 to 1.00 Fiscal quarter ending December 31, 2016 4.50 to 1.00 Fiscal quarter ending March 31, 2017 3.25 to 1.00 Fiscal quarters ending June 30, 2017 and thereafter 3.00 to 1.00

  • Minimum Consolidated Fixed Charge Coverage Ratio Permit, as of the last day of any fiscal quarter (commencing with the fiscal quarter ending December 31, 2014), for the twelve (12) month period ending on such day, the Consolidated Fixed Charge Coverage Ratio to be less than the Minimum Consolidated Fixed Charge Coverage Ratio.

  • Net Leverage Ratio Subject to the proviso set forth in Section 10.3, the Company will not permit the Consolidated Net Leverage Ratio at any time during any period of four consecutive fiscal quarters of the Company to be greater than (a) 3.50 to 1.00 or (b) during an Acquisition Holiday Period, 4.00 to 1.00.

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