Expenses of Each Series. 2.1 Expenses to Be Paid by the Administrator. If the Administrator pays or assumes any expenses of the Fund or a Series not required to be paid or assumed by the Administrator under this Agreement, the Administrator shall not be obligated hereby to pay or assume the same or any similar expense in the future; provided, that nothing herein contained shall be deemed to relieve the Administrator of any obligation to the Fund or to a Series under any separate agreement or arrangement between the parties.
Appears in 11 contracts
Samples: Administration Agreement (Jnlny Variable Fund I LLC), Administration Agreement (JNL Variable Fund v LLC), H2 Administration Agreement (JNL Variable Fund Iii LLC)
Expenses of Each Series. 2.1 Expenses to Be Paid by the Administrator. If the Administrator pays or assumes any expenses of the Fund Trust or a Series not required to be paid or assumed by the Administrator under this Agreement, the Administrator shall not be obligated hereby to pay or assume the same or any similar expense in the future; provided, that nothing herein contained shall be deemed to relieve the Administrator of any obligation to the Fund Trust or to a Series under any separate agreement or arrangement between the parties.
Appears in 2 contracts
Samples: Administration Agreement (JNL Series Trust), Administration Agreement (JNL Series Trust)
