Common use of Trustee Compensation Clause in Contracts

Trustee Compensation. The Trustees in such capacity shall be entitled to reasonable compensation from the Trust, and they may fix the amount of such compensation. However, the Trust will not compensate those Trustees who are otherwise compensated by the Investment Adviser, any sub-adviser or the Principal Underwriter or any of their affiliates under the terms of any contract between the Trust and the Investment Adviser, any sub-adviser or the Principal Underwriter, as applicable. Nothing herein shall in any way prevent the employment of any Trustee for advisory, management, legal, accounting, investment banking or other services and payment for such services by the Trust.

Appears in 6 contracts

Samples: Trust Agreement (Beacon Pointe Multi-Alternative Fund), Agreement and Declaration of Trust (Total Fund Solution), Agreement and Declaration of Trust (Cantor Fitzgerald Sustainable Infrastructure Fund)

AutoNDA by SimpleDocs

Trustee Compensation. The Trustees in such capacity shall be entitled to reasonable compensation from the Trust, and they may fix the amount of such compensation. However, the Trust will not compensate those Trustees who are otherwise fully compensated by the Investment Adviser, any sub-adviser or the Principal Underwriter or any of their affiliates under the terms of any contract between the Trust and the Investment Adviser, any sub-adviser or the Principal Underwriter, as applicable. Nothing herein shall in any way prevent the employment of any Trustee for advisory, management, legal, accounting, investment banking or other services and payment for such services by the Trust.

Appears in 3 contracts

Samples: Trust Agreement (Transparent Value Trust), Trust Agreement (Transparent Value Trust), Trust Agreement (Transparent Value Trust)

Trustee Compensation. The Trustees in such capacity shall be entitled to reasonable compensation from the TrustFund, and they may fix the amount of such compensation. However, the Trust Fund will not compensate those Trustees who are otherwise compensated by the Investment Adviser, or any sub-adviser or the Principal Underwriter or any of their affiliates under the terms of any contract between the Trust Fund and the Investment Adviser, or any sub-adviser or the Principal Underwriteradviser, as applicable. Nothing herein shall in any way prevent the employment of any Trustee for advisory, management, legal, accounting, investment banking or other services and payment for such services by the TrustFund.

Appears in 2 contracts

Samples: Amended and Restated Agreement and Declaration of Trust (VanEck Coastland Online Finance Term Fund), Agreement and Declaration of Trust (VanEck Coastland Online Finance Fund)

Trustee Compensation. The Trustees in such capacity shall be entitled to reasonable compensation from the Trust, and they may fix the amount of such compensation. However, the Trust will not compensate those Trustees who are otherwise compensated by the Investment Adviser, or any sub-adviser or the Principal Underwriter or any of their affiliates under the terms of any contract between the Trust and the Investment Adviser, or any sub-adviser or the Principal Underwriteradviser, as applicable. Nothing herein shall in any way prevent the employment of any Trustee for advisory, management, legal, accounting, investment banking or other services and payment for such services by the Trust.

Appears in 2 contracts

Samples: Agreement and Declaration of Trust (Eagle Growth & Income Opportunities Fund), Agreement and Declaration of Trust (THL Credit Senior Loan Fund)

AutoNDA by SimpleDocs

Trustee Compensation. The Trustees in such capacity shall be entitled to reasonable compensation from the Trust, and they may fix the amount of such compensation. However, the Trust will not compensate those Trustees who are otherwise compensated by the Investment Adviser, any sub-adviser or the Principal Underwriter or any of their affiliates sub -adviser under the terms of any contract between the Trust and the Investment Adviser, or any sub-adviser or the Principal Underwriteradviser, as applicable. Nothing herein shall in any way prevent the employment of any Trustee for advisory, management, legal, accounting, investment banking or other services and payment for such services by the Trust.

Appears in 1 contract

Samples: Amended and Restated Agreement and Declaration of Trust (MainStay MacKay DefinedTerm Municipal Opportunities Fund)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!