Common use of Expenses and Personnel Clause in Contracts

Expenses and Personnel. (a) The Adviser agrees, at its own expense or at the expense of one or more of its affiliates, to render the Services and to provide the office space, furnishings, equipment and personnel as may be reasonably required in the judgment of the Board and officers of the Trust to perform the Services on the terms and for the compensation provided herein. The Adviser will authorize and permit any of its officers, directors and employees, who may be elected as trustees or officers of the Trust, to serve in the capacities in which they are elected.

Expenses and Personnel. (a) The Adviser agrees, at its own expense or at the expense of one or more of its affiliates, to render the Services its services and to provide the office space, furnishings, equipment equipment, and personnel as may be reasonably required in the judgment of the Board trustees and officers of the Trust to perform the Services services on the terms and for the compensation provided herein. The Adviser will shall authorize and permit any of its officers, directors directors, and employees, who may be elected as trustees or officers of the Trust, to serve in the capacities in which they are elected.

Expenses and Personnel. (a) The Adviser Advisor agrees, at its own expense or at the expense of one or more of its affiliates, to render the Services its services and to provide the office space, furnishings, equipment equipment, and personnel as may be reasonably required in the judgment of the Board trustees and officers of the Trust to perform the Services services on the terms and for the compensation provided herein. The Adviser will Advisor shall authorize and permit any of its officers, directors directors, and employees, who may be elected as trustees or officers of the Trust, to serve in the capacities in which they are elected.