Common use of COMMON ITEMS Clause in Contracts

COMMON ITEMS. All expenses and other items of the Company that are common to more than one Series shall be borne by or allocated to each such Series proportionately based upon the relative net asset values of each Holder. Such common items shall include, but not be limited to, Directors' fees; 1940 Act registration expenses; organizational expenses of the Company, exclusive of organizational expenses attributable to any specific Series; and accounting expenses relating to the Company that are not attributable to any specific Series.

COMMON ITEMS. All expenses and other items of the Company that which are common to more than one the Series shall be borne by or allocated to each such the Series proportionately based upon the relative net asset values of each HolderCompany. Such common items shall include, but not be limited to, Directors' fees; 1940 Act registration expenses; organizational expenses of the CompanyTrust, exclusive of organizational expenses attributable to any specific Series; and accounting expenses relating to the Company that Trust which are not attributable to any specific Series.