Common use of Commencing Clause in Contracts

Commencing. May 1, 2013, EVM will reduce the advisory fee payable under the Advisory Agreement by 0.025% per annum. Thereafter, the advisory fee will be reduced an additional 0.025% per annum on May 1, 2014.

Appears in 2 contracts

Sources: Advisory Fee Reduction Agreement (Eaton Vance Municipal Bond Fund), Advisory Fee Reduction Agreement (Eaton Vance California Municipal Bond Fund)