Expenses of the Administrator. The Administrator assumes the expenses of and shall pay for maintaining the staff and personnel necessary to perform its obligations under this Agreement, and shall at its own expense provide office space, facilities, equipment and the necessary personnel which it is obligated to provide under section 2 hereof, except that each Trust shall pay the expenses of its other service providers such as the custodian, transfer agent, dividend disbursing agent, shareholder servicing agents, legal counsel, independent auditors, underwriters, brokers and dealers, corporate fiduciaries, insurers, printers, banks and such other persons as may be necessary for the proper operation of the Funds and expenses of Trust officers attending Board meetings as required and such other appropriate out of pocket expenses as approved by the Board. Each Trust shall pay or cause to be paid all other expenses of the Funds referenced in this Agreement.
Expenses of the Administrator. The Administrator assumes the expenses of and shall pay for maintaining the staff and personnel necessary to perform its obligations under this Agreement, and shall at its own expense provide office space, facilities, equipment and the necessary personnel which it is obligated to provide under section 1 hereof, except that the Fund shall pay the expenses of legal counsel and accountants as provided in section 4(b) of this Agreement. In addition, the Administrator shall be responsible for the payment of any persons engaged pursuant to section l(b) hereof. The Fund shall assume and pay or cause to be paid all other expenses of the Fund.
Expenses of the Administrator. As full compensation for the services and the facilities furnished by or at the direction of the Administrator, the Fund shall reimburse the Administrator for expenses incurred by it or its affiliates in accordance with the cost allocation methodologies that may from time to time be approved by the Fund's Board of Trustees. Such expenses shall include the costs of maintaining staff, personnel, office equipment and facilities necessary for the Administrator to perform its obligations under this Agreement. Such expenses, which will also include the fees and expenses of any sub-administrator paid by the Administrator, shall be billed monthly and shall be payable promptly by the Fund. Except as specifically provided herein, the Fund and RMR Advisors assume and shall pay or cause to be paid all other expenses of the Fund as set forth in the Investment Advisory Agreement.
Expenses of the Administrator. The Administrator assumes and shall pay for maintaining the staff and personnel necessary to perform its obligations under this Agreement, and shall at its own expense, provide office space, facilities, equipment and necessary personnel which it is obligated to provide under paragraph 1 hereof, except that the Company shall pay reasonable travel expenses of persons who perform administrative, clerical and bookkeeping functions on behalf of the Company. The Company and the Investment Adviser assume and shall pay or cause to be paid all other expenses of the Company and each Fund as set forth in the Investment Agreement. The expenses of legal counsel and accounting experts retained by the Administrator, after consulting with the Company's counsel and independent auditors, as may be necessary or appropriate for the Administrator's performance of its duties and responsibilities under this Agreement are deemed expenses of, and shall be paid by, the Company.
Expenses of the Administrator. The Administrator assumes the expenses of and shall pay for maintaining the staff and personnel necessary to perform its obligations under this Agreement, and shall, at its own expense, provide its own office space, facilities, equipment and the necessary personnel which it is obligated to provide under Section 1(a) hereof, except that the Corporation shall pay the expenses of legal counsel and accountants as provided in Section 5(b) of this Agreement. In addition, the Administrator shall be responsible for the payment of any persons engaged pursuant to Section 2 hereof. The Corporation shall assume and pay or cause to be paid all other expenses of the Corporation and each Portfolio, as applicable. Notwithstanding anything to the contrary herein contained, the Corporation or the Portfolios, and not the Administrator, shall be responsible for and bear the cost of any third party pricing services or any third party blue sky services.
Expenses of the Administrator. The following is added to Section 7 of the Agreement, under paragraph (k) of the expenses the Administrator shall bear:
Expenses of the Administrator. FAM shall provide the staff and personnel necessary to perform its obligations under this Agreement, shall assume and pay or cause to be paid all expenses incurred in connection with the maintenance of such staff and personnel, and, at its own expense, shall provide the office space, facilities, equipment and necessary personnel which it is obligated to provide under paragraph 1 hereof, except that the Fund shall pay the expenses of legal counsel retained by FAM as may be necessary or appropriate for FAM's performance of its duties and responsibilities under this Agreement.
Expenses of the Administrator. The Administrator assumes and shall pay for maintaining the staff and personnel necessary to perform its obligations under this Agreement, and shall at its own expense, provide office space, facilities, equipment and necessary personnel which it is obligated to provide under paragraph 1 hereof, except that the Fund shall pay reasonable travel expenses of persons who perform administrative, clerical and bookkeeping functions on behalf of the Fund. The Fund, the Manager and the Adviser assume and shall pay or cause to be paid all other expenses of the Fund as set forth in the Investment Contract and Advisory Agreement. The expenses of legal counsel and accounting experts retained by the Administrator, after consulting with the Fund counsel and independent auditors, as may be necessary or appropriate for the Administrator’s performance of its duties and responsibilities under this Agreement are deemed expenses of, and shall be paid by, the Fund.
Expenses of the Administrator. The Administrator will bear all expenses necessary to perform its obligations under this Agreement, except that the Fund shall pay reasonable travel expenses of persons who perform administrative, clerical and bookkeeping functions on behalf of the Fund. The Fund and the Investment Adviser assume and shall pay or cause to be paid all other expenses of the Fund as set forth in the Investment Advisory Agreement. The expenses of the legal counsel and accounting experts retained by the Administrator, after consulting with the Fund counsel and independent auditors, as may be necessary or appropriate for the Administrator's performance of its duties and responsibilities under this Agreement are deemed expenses of, and shall be paid by, the Fund.
Expenses of the Administrator. As full compensation for the services and the facilities furnished by or at the direction of the Administrator, the Trust shall reimburse the Administrator for expenses incurred by it or its affiliates in accordance with the cost allocation methodologies that may from time to time be approved by the Board. Such expenses shall include the costs of maintaining staff, personnel, office equipment and facilities necessary for the Administrator to perform its obligations under this Agreement. Such expenses, which will also include the fees and expenses of any sub-administrator paid by the Administrator, shall be billed monthly and shall be payable promptly by the Trust. Except as specifically provided herein, the Trust and RMR Advisors, Inc. assume and shall pay or cause to be paid all other expenses of the Funds as set forth in the Investment Advisory Agreement.
