Common use of EXPENSE PAYMENTS Clause in Contracts

EXPENSE PAYMENTS. Upon Instruction by the Customer’s officer, ▇.▇. ▇▇▇▇▇▇ will arrange for the payment of each Fund’s (or class’) expenses. For avoidance of doubt, ▇.▇. ▇▇▇▇▇▇’▇ services in this regard will include: (i) Review invoices directed to the funds and effect payments as appropriate; (ii) Calculate Trust expense allocations when appropriate; (iii) Arrange, if directed by the appropriate client Fund officers, for the payment by wire of a Fund’s expenses; (iv) Prepare form 1099-MISC for fund expense payments, including Trustees’ fees; (v) Provide expense details to the Funds’ investment adviser for periodic review; and (vi) Assist in the verification of the appropriateness of all Fund expenses including out-of-pocket costs charged to the Funds.

EXPENSE PAYMENTS. Upon Instruction by the Customer’s officer, ▇.▇. ▇▇▇▇▇▇ will arrange for the payment of each Fund’s (or class’) expenses. For avoidance of doubt, ▇.▇. ▇▇▇▇▇▇’▇ services in this regard will include: (i) Review invoices directed to the funds and effect payments as appropriate; (ii) Calculate Trust expense allocations when appropriate; (iii) Arrange, if directed by the appropriate client Fund officers, for the payment by wire of a Fund’s expenses; (iv) Prepare form 1099-MISC for fund expense payments, including Trustees’ fees;; and (v) Provide expense details to the Funds’ investment adviser for periodic review; and. (vi) Assist in the verification of the appropriateness of all Fund expenses including out-of-pocket costs charged to the Funds.,