Expense Cap definition

Expense Cap shall be equal to an Expense Ratio for the Funds as set forth on Exhibit A.
Expense Cap has the meaning set forth in the Fee Letter.
Expense Cap shall have the meaning set forth in Section 10.7.

Examples of Expense Cap in a sentence

  • The Fee Cap and the Expense Cap are sometimes collectively referred to as the Contract Amount.

  • Notwithstanding the foregoing, reimbursement for expenses and disbursements will not exceed a maximum of $_____________ (Expense Cap) without the prior written approval of University.

  • The Example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same (taking into account the Expense Cap only in the first year).

  • The Labour Expense Cap introduced in the 2012/13 Budget also continues to give Secretaries as much flexibility as possible to achieve these savings in the most appropriate ways to meet the service requirements of their agencies.

  • This reimbursement may be requested if the aggregate amount actually paid by the Fund toward operating expenses for such period (taking into account any reimbursement) does not exceed the lesser of the Expense Cap in place at the time of waiver or at the time of reimbursement.


More Definitions of Expense Cap

Expense Cap has the meaning set forth in Section 9.4(c).
Expense Cap has the meaning specified in Section 5.2(a).
Expense Cap has the meaning set forth in Section 14.1.
Expense Cap means, for each year ending June 30, an annual amount equal to $50,000.
Expense Cap shall have the meaning set forth in the Pricing Side Letter.
Expense Cap means, as of any Determination Date, U.S.$100,000.
Expense Cap has the meaning given to such term in Section 2.2.