Common use of Expenses of the Corporation Clause in Contracts

Expenses of the Corporation. The Corporation shall bear all costs and expenses of registering the Shares with the Securities and Exchange Commission and state and other regulatory bodies, and shall assume expenses related to communications with shareholders of the Corporation, including (i) fees and disbursements of its counsel and its independent registered public accounting firm; (ii) the preparation, filing, and printing of registration statements and/or prospectuses or statements of additional information required under the Federal securities laws; (iii) the preparation and mailing of annual and interim reports, prospectuses, statements of additional information, and proxy materials to shareholders; and (iv) the qualifications of Shares for sale under the securities laws of such jurisdictions as shall be selected by the Corporation and the Distributor pursuant to Paragraph 6(e) hereof, and the costs and expenses payable to each such jurisdiction for continuing qualification therein.

Appears in 7 contracts

Samples: Distribution Agreement (Midas Magic, Inc.), Distribution Agreement (Midas Fund, Inc.), Distribution Agreement (Midas Perpetual Portfolio, Inc.)

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