AGREEMENT TO WAIVE FEES AND REIMBURSE EXPENSESAgreement • January 25th, 2019 • Ariel Investment Trust
THIS AGREEMENT is made this 27th day of November 2018, between Ariel Investments, LLC, a Delaware limited liability company (the “Adviser”), and Ariel Investment Trust, a Massachusetts business trust (the “Trust”).
THE NORTHERN TRUST COMPANY Chicago, Illinois 60603Ariel Investment Trust • January 25th, 2019 • Illinois
Reference is made to that certain letter agreement dated as of April 1, 2016 by and between The Northern Trust Company (the “Bank”) and Ariel Investment Trust, a registered open-end management investment company (the “Trust”) on behalf of the accounts, series or portfolios of the Trust which are listed beneath the Trust’s name on the signature page thereto (each such account, series or portfolio, a “Borrower” and, collectively, the “Borrowers”), in respect of an overdraft facility not exceeding $125,000,000 (such letter as amended, restated supplemented or otherwise modified from time to time, the “Facility Letter”). Capitalized terms used herein and not otherwise defined herein shall have the meanings assigned to such terms in the Facility Letter.
AGREEMENT TO WAIVE FEES AND REIMBURSE EXPENSESAgreement • January 25th, 2019 • Ariel Investment Trust
THIS AGREEMENT is made this 27th day of November 2018, between Ariel Investments, LLC, a Delaware limited liability company (the “Adviser”), and Ariel Investment Trust, a Massachusetts business trust (the “Trust”).
