Common use of Expenses Borne by Manager Clause in Contracts

Expenses Borne by Manager. Manager at its own expense shall furnish all executive and other personnel, office space, and office facilities required to render the investment management and administrative services set forth in this Agreement. Manager shall pay all expenses of establishing, maintaining, and servicing the accounts of Unitholders. However, Manager shall not be required to pay or provide any credit for services provided by LLC's custodian or other agents without additional cost to LLC. In the event that Manager pays or assumes any expenses of LLC not required to be paid or assumed by Manager under this Agreement, Manager shall not be obligated hereby to pay or assume the same or similar expense in the future; provided that nothing contained herein shall be deemed to relieve Manager of any obligation to LLC under any separate agreement or arrangement between the parties.

Expenses Borne by Manager. Manager at its own expense shall furnish all executive and other personnel, office space, and office facilities required to render the investment management and administrative services set forth in this Agreement. Manager shall pay all expenses of establishing, maintaining, and servicing the accounts of UnitholdersUnitholders in the Portfolio. However, Manager shall not be required to pay or provide any credit for services provided by LLCTrust's custodian or other agents without additional cost to LLCTrust. In the event that Manager pays or assumes any expenses of LLC Trust or Portfolio not required to be paid or assumed by Manager under this Agreement, Manager shall not be obligated hereby to pay or assume the same or similar expense in the future; provided that nothing contained herein shall be deemed to relieve Manager of any obligation to LLC Trust or Portfolio under any separate agreement or arrangement between the parties.

Expenses Borne by Manager. Manager at its own expense shall furnish all executive and other personnel, office space, and office facilities required to render the investment management and administrative services set forth in this Agreement. Manager shall pay all expenses of establishing, maintaining, and servicing the accounts of Unitholders. Unitholders However, Manager shall not be required to pay or provide any credit for services provided by LLC's custodian or other agents without additional cost to LLC. In the event that Manager pays or assumes any expenses of LLC not required to be paid or assumed by Manager under this Agreement, Manager shall not be obligated hereby to pay or assume the same or similar expense in the future; provided that nothing contained herein shall be deemed to relieve Manager of any obligation to LLC under any separate agreement or arrangement between the parties.