Common use of Board Approval Clause in Contracts

Board Approval. No reimbursement shall be paid to the Adviser with respect to any Fund pursuant to this Section 2 unless the Trust's Board of Trustees has determined in advance that the payment of such reimbursement to the Adviser is in the best interests of such Fund and its shareholders.

Appears in 44 contracts

Samples: Expense Limitation Agreement (Advisors Inner Circle Fund II), Expense Limitation Agreement (Advisors Inner Circle Fund), Expense Limitation Agreement (Advisors Inner Circle Fund)

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Board Approval. No reimbursement shall be paid to the Adviser with respect to any Fund pursuant to this Section 2 provision unless the Trust's Board of Trustees has determined in advance that the payment of such reimbursement to the Adviser is in the best interests of such Fund and its shareholders.

Appears in 6 contracts

Samples: Expense Limitation Agreement (Advisors Inner Circle Fund), Expense Limitation Agreement (Advisors Inner Circle Fund), Expense Limitation Agreement (Advisors Inner Circle Fund)

Board Approval. No reimbursement shall be paid to the Adviser with respect to any Fund pursuant to this Section 2 unless the Trust's ’s Board of Trustees has determined in advance that the payment of such reimbursement to the Adviser is in the best interests of such Fund and its shareholders.

Appears in 5 contracts

Samples: Expense Limitation Agreement (AdvisorShares Trust), Expense Limitation Agreement (AdvisorShares Trust), Expense Limitation Agreement (Advisors Inner Circle Fund)

Board Approval. No reimbursement shall be paid to the Adviser with respect to any Fund pursuant to this Section 2 provision unless the Trust's ’s Board of Trustees has determined in advance that the payment of such reimbursement to the Adviser is in the best interests of such Fund and its shareholders.

Appears in 1 contract

Samples: Expense Limitation Agreement (Advisors Inner Circle Fund)

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Board Approval. No reimbursement shall be paid to the Adviser with respect to any Fund pursuant to this Section 2 unless the Trust's Board of Trustees has determined in advance that the payment of such reimbursement to the Adviser is in the best interests of such Fund and its shareholders.

Appears in 1 contract

Samples: Expense Limitation Agreement (Advisors Inner Circle Fund II)

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