The Manager. The Manager assumes and shall pay, or cause its affiliate to pay, for maintaining the staff and personnel necessary to perform its obligations under this Agreement, and shall, at its own expense, provide the office space, facilities and necessary personnel which it is obligated to provide under Article I hereof. The Manager shall pay, or cause its affiliate to pay, compensation of all officers of the Trust and each Fund and all Trustees of the Trust and Directors of each Fund who are affiliated persons of the Manager or any sub-adviser, or of an affiliate of the Manager or any sub-adviser.
Appears in 2 contracts
Samples: Management Agreement (Master Premier Growth Trust), Management Agreement (Master Focus Twenty Trust)
The Manager. The Manager assumes and shall pay, or cause its affiliate affiliates to pay, for maintaining the staff and personnel necessary to perform its obligations under this Agreement, and shall, at its own expense, provide the office space, facilities and necessary personnel which it is obligated to provide under Article I hereof. The Manager shall pay, or cause its affiliate affiliates to pay, compensation of all officers of the Trust and each Fund and all Trustees of the Trust and Directors of each Fund who are affiliated persons of the Manager or any sub-adviser, or of an affiliate of the Manager or any sub-adviser.
Appears in 2 contracts
Samples: Management Agreement (Master Premier Growth Trust), Management Agreement (Master Focus Twenty Trust)
The Manager. The Manager assumes and shall pay, or cause its affiliate affiliates to pay, for maintaining the staff and personnel necessary to perform its obligations under this Agreement, and shall, shall at its own expense, provide the office space, facilities facilities, equipment and necessary personnel which it is obligated to provide under Article I hereofof this Agreement. The Manager shall pay, or cause its affiliate affiliates to pay, compensation of for all officers of the Trust and each Fund and all Trustees of the Trust and Directors of each Fund who are affiliated persons of the Manager or any sub-adviserManager, or of an affiliate of the Manager or any sub-adviserManager.
Appears in 1 contract
Samples: Management Agreement (Merrill Lynch N Y Muni Bd Fd of M L Multi St Muni Ser Trust)
The Manager. The Manager assumes and shall pay, or cause its affiliate affiliates ----------- to pay, for maintaining the staff and personnel necessary to perform its obligations under this Agreement, and shall, shall at its own expense, provide the office space, facilities facilities, equipment and necessary personnel which it is obligated to provide under Article I hereof. I. The Manager shall pay, or cause its affiliate affiliates to pay, compensation of all officers of the Trust and each Fund and all Trustees of the Trust and Directors of each Fund who are affiliated persons of the Manager or any sub-adviser, or of an affiliate of the Manager or any sub-adviser.
Appears in 1 contract