Specified Expenses. The Expense Limitation applies only to the annual Ordinary Operating Expenses of the Trust, which include organizational and offering expenses, but do not include: (i) distribution fees, interest, taxes, dividend expenses on short sales, brokerage commissions and other transaction costs, and other expenditures which are capitalized in accordance with generally accepted accounting principles; (ii) expenses incurred indirectly by the Trust as a result of investments in other investment companies and pooled investment vehicles; (iii) other expenses attributable to, and incurred as a result of, the Trust’s investments; and (iv) litigation expenses and extraordinary expenses not incurred in the ordinary course of the Trust’s business.
Appears in 4 contracts
Samples: Expense Limitation and Reimbursement Agreement (Nexpoint Opportunistic Credit Fund), Expense Limitation and Reimbursement Agreement (Nexpoint Opportunistic Credit Fund), Expense Limitation and Reimbursement Agreement (Nexpoint Opportunistic Credit Fund)
Specified Expenses. The Expense Limitation applies only to the annual Ordinary Operating Expenses of the Trust, which include organizational and offering expenses, but do not include: (i) distribution fees, interest, taxes, dividend expenses on short sales, brokerage commissions and other transaction costs, and other expenditures which are capitalized in accordance with generally accepted accounting principles; (ii) expenses incurred indirectly by the Trust as a result of investments in other investment companies and pooled investment vehicles; (iii) other expenses attributable to, and incurred as a result of, the Trust’s investments; and (iv) litigation expenses and extraordinary expenses not incurred in the ordinary course of the Trust’s business.
Appears in 1 contract
Samples: Expense Limitation and Reimbursement Agreement (Nexpoint Opportunistic Credit Fund)
Specified Expenses. The Expense Limitation applies only to the annual Ordinary Operating Expenses of the Trust, which include organizational and offering expenses, but do not include: (i) distribution fees, interest, taxes, dividend expenses on short sales, brokerage commissions and other transaction costs, and other expenditures which are capitalized in accordance with generally accepted accounting principles; (ii) expenses incurred indirectly by the Trust as a result of investments in other investment companies and pooled investment vehicles; (iii) other expenses attributable to, and incurred as a result of, the Trust’s investments; and (iv) litigation expenses and other extraordinary expenses not incurred in the ordinary course of the Trust’s business.
Appears in 1 contract
Samples: Expense Limitation and Reimbursement Agreement (Nexpoint Healthcare Opportunities Fund)
