Common use of Expenses of Each Fund Clause in Contracts

Expenses of Each Fund. Each Fund shall pay all expenses other than those expressly assumed by the Advisor. Expenses payable by the Fund shall include, but are not limited to: Fees to the Advisor as provided herein; Legal and audit expenses; Fees and expenses related to the registration and qualification of the Corporation and its shares for distribution under federal and state securities laws; Expenses of the administrative services agent, transfer agent, registrar, custodian, dividend disbursing agent and shareholder servicing agent; Any telephone charges associated with shareholder servicing or the maintenance of the Funds or Corporation; Salaries, fees and expenses of Directors and executive officers of the Corporation, other than Advisor Employees; Taxes and corporate fees levied against the Corporation; Brokerage commissions and other expenses associated with the purchase and sale of portfolio securities for the Corporation; Expenses, including interest, of borrowing money; Expenses incidental to meetings of the Corporation's shareholders and the maintenance of the Corporation's organizational existence; Expenses of printing stock certificates representing shares of the Corporation and expenses of preparing, printing and mailing notices, proxy material, reports to regulatory bodies and reports to shareholders of the Corporation; Expenses of preparing and typesetting of prospectuses of the Corporation; Expenses of printing and distributing prospectuses to shareholders of the Corporation; Association membership dues; Insurance premiums for fidelity and other coverage; Distribution Plan expenses, as permitted by Rule 12b-1 under the 1940 Act and as approved by the Board; and Such other legitimate Corporation expenses as the Board of Directors may from time to time determine are properly chargeable to the Corporation.

Expenses of Each Fund. Each Fund shall pay all expenses other than those expressly assumed by the Advisor. Expenses payable by the Fund shall include, but are not limited to: Fees to the Advisor as provided herein; Legal and audit expenses; Fees and expenses related to the registration and qualification of the Corporation Trust and its shares for distribution under federal and state securities laws; Expenses of the administrative services agent, transfer agent, registrar, custodian, dividend disbursing agent and shareholder servicing agent; Any telephone charges associated with shareholder servicing or the maintenance of the Funds or CorporationTrust; Salaries, fees and expenses of Directors Trustees and executive officers of the CorporationTrust, other than Advisor Employees; Taxes and corporate fees levied against the CorporationTrust; Brokerage commissions and other expenses associated with the purchase and sale of portfolio securities for the CorporationTrust; Expenses, including interest, of borrowing money; Expenses incidental to meetings of the CorporationTrust's shareholders and the maintenance of the CorporationTrust's organizational existence; Expenses of printing stock certificates representing shares of the Corporation Trust and expenses of preparing, printing and mailing notices, proxy material, reports to regulatory bodies and reports to shareholders of the CorporationTrust; Expenses of preparing and typesetting of prospectuses of the CorporationTrust; Expenses of printing and distributing prospectuses to shareholders of the CorporationTrust; Association membership dues; Insurance premiums for fidelity and other coverage; Distribution Plan expenses, as permitted by Rule 12b-1 under the 1940 Act and as approved by the Board; and Such other legitimate Corporation Trust expenses as the Board of Directors Trustees may from time to time determine are properly chargeable to the CorporationTrust.

Expenses of Each Fund. Each Fund shall pay all expenses other than those expressly assumed by the Advisor. Expenses payable by the Fund shall include, but are not limited to: Fees to the Advisor as provided herein; Legal and audit expenses; Fees and expenses related to the registration and qualification of the Corporation RIC and its shares for distribution under federal and state securities laws; Expenses of the administrative services agent, transfer agent, registrar, custodian, fund accounting, dividend disbursing agent and shareholder servicing agent; Any telephone charges associated with shareholder servicing or the maintenance of the Funds or CorporationRIC; Salaries, fees and expenses of Directors and executive officers of the CorporationRIC, other than Advisor Employees; Taxes and corporate fees levied against the CorporationRIC; Brokerage commissions and other expenses associated with the purchase and sale of portfolio securities for the CorporationRIC; Expenses, including interest, of borrowing money; Expenses incidental to meetings of the CorporationRIC's shareholders and the maintenance of the CorporationRIC's organizational existence; Expenses of printing stock certificates representing shares of the Corporation RIC and expenses of preparing, printing and mailing notices, proxy material, reports to regulatory bodies and reports to shareholders of the CorporationRIC; Expenses of preparing and typesetting of prospectuses of the CorporationRIC; Expenses of printing and distributing prospectuses to shareholders of the CorporationRIC; Association membership dues; Insurance premiums for fidelity and other coverage; Distribution Plan expenses, as permitted by Rule 12b-1 under the 1940 Act and as approved by the Board; and Such other legitimate Corporation RIC expenses as the Board of Directors may from time to time determine are properly chargeable to the CorporationRIC.