Specific Liabilities. The assets of the Trust held with respect to each Portfolio shall be charged with the liabilities of the Trust with respect to such Portfolio and all expenses, costs, charges and reserves attributable to such Portfolio. Class Expenses shall, in all cases, be allocated to the Class for which such Class Expenses were incurred.
Appears in 17 contracts
Samples: Agreement and Declaration of Trust (Manager Directed Portfolios), Agreement and Declaration of Trust (Manager Directed Portfolios), Agreement and Declaration of Trust (Manager Directed Portfolios)
Specific Liabilities. The assets of the Trust held with respect to each Portfolio Series shall be charged with the liabilities of the Trust with respect to such Portfolio Series and all expenses, costs, charges and reserves attributable to such PortfolioSeries. Class Expenses shall, in all cases, be allocated to the Class for which such Class Expenses were incurred.
Appears in 14 contracts
Samples: Agreement and Declaration of Trust (FundVantage Trust), Agreement and Declaration of Trust (Forward Funds), Agreement and Declaration of Trust (Forward Funds)
