Common use of Limit on Operating Expenses Clause in Contracts

Limit on Operating Expenses. The Adviser hereby agrees to limit the Operating Expenses for the Fund to an annual rate, expressed as a percentage of the average annual net assets of the Fund to the amounts listed in Appendix A (the “Annual Limits”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Adviser will pay to the Fund, on a monthly basis, the excess expense within a reasonable time after being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser hereby agrees to limit the Fund’s current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the Fund’s average annual net assets of the Fund assets, to the amounts listed in Appendix A (the “Annual LimitsLimit”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Adviser will pay to the Fund, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due. 2.

Limit on Operating Expenses. The Adviser hereby agrees to limit the Fund’s current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the Fund’s average annual net assets of the Fund to the amounts amount listed in Appendix Schedule A (the “Annual LimitsLimit”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Adviser will pay to the Fund, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser Advisor hereby agrees to limit the Fund's current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the respective average annual net assets of the Fund to the amounts listed in Appendix A (the “"Annual Limits”"). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Adviser Advisor will pay to the Fund, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser hereby agrees to limit the each Fund’s current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the such Fund’s average annual daily net assets of the Fund to the amounts amount listed in Appendix Schedule A (the “Annual LimitsLimit”). In the event that the current Operating Expenses of the a Fund, as accrued each month, exceed its Annual Limit, the Adviser will pay to the such Fund, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser hereby agrees to limit the each Fund’s current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the Fund’s average annual net assets of the Fund assets, to the amounts listed in Appendix A (the “Annual Limits”)) with respect to each Fund and each Class. In the event that the current Operating Expenses of the FundExpenses, as accrued each month, exceed its Annual Limit, the Adviser will pay to the FundFund Class, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser hereby agrees to limit the Funds’ current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the Funds’ average annual net assets of the Fund to the amounts amount listed in Appendix A (the “Annual LimitsLimit”). In the event that the current Operating Expenses of the FundFunds, as accrued each month, exceed its Annual Limit, the Adviser will pay to the FundFunds, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser Advisor hereby agrees to limit the Fund’s current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the Fund’s respective average annual net assets of the Fund to the amounts listed in Appendix A (the “Annual Limits”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Adviser Advisor will pay to the that Fund, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser hereby agrees to limit the each Fund’s current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the Fund’s average annual net assets of the Fund to the amounts amount listed in Appendix Schedule A hereto (the “Annual LimitsLimit”). In the event that the current Operating Expenses of the a Fund, as accrued each month, exceed its Annual Limit, the Adviser will pay to the Fund, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser hereby agrees to limit the each Fund’s current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the Fund’s respective average annual net assets of the Fund to the amounts listed in Appendix Schedule A hereto (the “Annual Limits”). In the event that the current Operating Expenses of the a Fund, as accrued each month, exceed its Annual Limit, the Adviser will pay to the Fund, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser hereby agrees to limit the each Fund’s current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the such Fund’s average annual net assets of the Fund to the amounts assets, listed in Appendix A (the “Annual Limits”). In the event that the current Operating Expenses of the a Fund, as accrued each month, exceed its Annual Limit, the Adviser will pay to the such Fund, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser hereby agrees to limit the Fund’s current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the Fund’s average annual net assets of the Fund to the amounts listed in Appendix A (the “Annual LimitsLimit”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Adviser will pay to the Fund, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser hereby agrees to limit the Fund's current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the Fund's average annual daily net assets of the Fund to the amounts amount listed in Appendix Schedule A (the “"Annual Limits”Limit"). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Adviser will pay to the Fund, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser Advisor hereby agrees to limit the Fund’s current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the Fund’s average annual net assets of the Fund to the amounts assets, listed in Appendix Schedule A (the “Annual LimitsLimit”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its the Annual Limit, the Adviser Advisor will pay to the Fund, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser hereby agrees to limit the Fund’s current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the Fund’s respective average annual net assets of the Fund to the amounts listed in Appendix A (the “Annual Limits”). In the event that the current Operating Expenses of the a Fund, as accrued each month, exceed its Annual Limit, the Adviser will pay to the Fund, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser hereby agrees to limit the Fund’s current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the Fund’s average annual net assets of the Fund to the amounts listed in Appendix A (the “Annual Limits”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its the Annual LimitLimits, the Adviser will pay to the Fund, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser Advisor hereby agrees to limit the Fund’s current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the Fund’s respective average annual net assets of the Fund to the amounts listed in Appendix A (the “Annual Limits”). In the event that the current Operating Expenses of the a Fund, as accrued each month, exceed its Annual Limit, the Adviser Advisor will pay to the Fund, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser Advisor hereby agrees to limit the Fund's current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the Fund's average annual net assets of the Fund to the amounts listed in Appendix A (the “"Annual Limits”"). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Adviser Advisor will pay to the Fund, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser Advisor hereby agrees to limit the each Fund's current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the each Fund's average annual net assets of the Fund assets, to the amounts listed in Appendix A to this Agreement (the “"Annual Limits”"). In the event that the current Operating Expenses of the a Fund, as accrued each month, exceed its Annual Limit, the Adviser Advisor will pay to the that Fund, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser hereby agrees to limit the Fund’s current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the Fund’s average annual net assets of the Fund to the amounts assets, listed in Appendix A (the “Annual Limits”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Adviser will pay to the Fund, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser hereby agrees to limit the Fund’s current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the Fund’s average annual net assets of the Fund assets, to the amounts amount listed in Appendix A (the “Annual LimitsLimit”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Adviser will pay to the Fund, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser hereby agrees to limit the each Fund's current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the Fund’s average annual net assets of the Fund to the amounts listed in Appendix Schedule A (the “Annual Limits”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Adviser will pay to the that Fund, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser hereby agrees to limit the Fund’s current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the Fund’s average annual daily net assets of the Fund to the amounts amount listed in Appendix A (the “Annual LimitsLimit”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Adviser will pay to the Fund, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser hereby agrees to limit the each Fund's current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the Fund’s average annual net assets of the Fund to the amounts listed in Appendix A (the “"Annual Limits”"). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Adviser will pay to the that Fund, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser hereby agrees to limit the each Fund’s current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the Fund’s average annual net assets of the Fund to the amounts amount listed in Appendix Schedule A (the hereto(the “Annual LimitsLimit”). In the event that the current Operating Expenses of the a Fund, as accrued each month, exceed its Annual Limit, the Adviser will pay to the Fund, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser hereby agrees to limit the Fund’s current Operating Expenses for the Fund to an annual rate, expressed as a percentage rate of 2.25% of the Fund’s average annual net assets of the Fund to the amounts listed in Appendix A (the “Annual LimitsLimit”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Adviser will pay to the Fund, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser hereby agrees to limit the each Fund’s current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the Fund’s average annual net assets of the Fund to the amounts amount listed in Appendix Schedule A (the “Annual LimitsLimit”). In the event that the current Operating Expenses of the a Fund, as accrued each month, exceed its Annual Limit, the Adviser will pay to the Fund, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser Advisor hereby agrees to limit the Funds’ current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the respective average annual net assets of the Fund to the amounts listed in Appendix A (the “Annual Limits”)) with respect to each Fund and Class so listed. In the event that the current Operating Expenses of the Funda Fund or Class, as accrued each month, exceed exceeds its Annual Limit, the Adviser Advisor will pay to the FundFund or Class, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser Advisor hereby agrees to limit the Fund’s current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the respective average annual net assets of the Fund to the amounts listed in Appendix A (the “Annual Limits”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Adviser Advisor will pay to the Fund, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser hereby agrees to limit the each Fund’s current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the Fund’s respective average annual net assets of the Fund to the amounts listed in Appendix Schedule A (the “Annual Limits”). In the event that the current Operating Expenses of the a Fund, as accrued each month, exceed its the Annual LimitLimits, the Adviser will pay to the such Fund, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser Advisor hereby agrees to limit the Fund’s current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the Fund’s average annual net assets of the Fund to the amounts listed in Appendix A (the “Annual Limits”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Adviser Advisor will pay to the Fund, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser hereby agrees to limit the Funds’ current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the respective average annual net assets of the Fund to the amounts listed in Appendix A (the “Annual Limits”). In the event that the current Operating Expenses of the FundFunds, as accrued each month, exceed its their Annual Limit, the Adviser will pay to the FundFunds, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser Advisor hereby agrees to limit the each Fund's current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the each Fund's respective average annual net assets of the Fund to the amounts listed in Appendix A (the “"Annual Limits”"). In the event that the current Operating Expenses of the each Fund, as accrued each month, exceed its Annual Limit, the Adviser Advisor will pay to the that Fund, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser hereby agrees to limit the Fund's current Operating Expenses for the Fund to an annual rate, expressed as a percentage rate of 1.50% of the Fund’s average annual net assets of the Fund to the amounts listed in Appendix A (the “Annual LimitsLimit”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Adviser will pay to the Fund, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser Advisor hereby agrees to limit the each Fund’s current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the each Fund’s respective average annual net assets of the Fund to the amounts listed in Appendix A (the “Annual Limits”). In the event that the current Operating Expenses of the a Fund, as accrued each month, exceed its Annual Limit, the Adviser Advisor will pay to the that Fund, on a monthly basis, the excess expense within a reasonable time after being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser hereby agrees to limit the Fund’s current Operating Expenses for the Fund to an annual rate, expressed as a percentage rate of 1.75% of the Fund’s average annual net assets of the Fund to the amounts listed in Appendix A (the “Annual LimitsLimit”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Adviser will pay to the Fund, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser Manager hereby agrees to limit the Fund’s current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the Fund’s average annual net assets of the Fund to the amounts listed in Appendix A (the “Annual Limits”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Adviser Manager will pay to the Fund, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser Advisor hereby agrees to limit the Fund’s current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the Fund’s respective average annual net assets of the Fund to the amounts listed in Appendix A (the “Annual Limits”). In the event that the current Operating Expenses of the a Fund, as accrued each month, exceed its Annual Limit, the Adviser Advisor will pay to the that Fund, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser Advisor hereby agrees to limit the Fund's current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the Fund's average annual net assets assets, of the Fund to the amounts listed in Appendix A (the “"Annual Limits”Limit"). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Adviser Advisor will pay to the Fund, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser Advisor hereby agrees to limit the Funds' current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the respective average annual net assets of the Fund to the amounts listed in Appendix A (the “"Annual Limits”)") with respect to each Fund and Class so listed. In the event that the current Operating Expenses of the Funda Fund or Class, as accrued each month, exceed exceeds its Annual Limit, the Adviser Advisor will pay to the FundFund or Class, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser Advisor hereby agrees to limit the Fund's current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the Fund's average annual net assets assets, of the Fund to the amounts listed in Appendix A 1.95% (the “"Annual Limits”Limit"). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Adviser Advisor will pay to the Fund, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser Advisor hereby agrees to limit the Fund's current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the Fund's average annual net assets of the Fund assets, to the amounts listed in Appendix A (the “"Annual Limits”"). In the event that the current Operating Expenses of the FundFunds, as accrued each month, exceed its Annual Limit, the Adviser Advisor will pay to the Fund, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser Advisor hereby agrees to limit the Fund's current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the Fund's average annual net assets of the Fund assets, to the amounts listed in Appendix APPENDIX A (the “"Annual Limits”Limit"). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Adviser Advisor will pay to the that Fund, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser Advisor hereby agrees to limit the each Fund’s current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the each Fund’s respective average annual net assets of the Fund to the amounts listed in Appendix A (the “Annual Limits”). In the event that the current Operating Expenses of the a Fund, as accrued each month, exceed its Annual Limit, the Adviser Advisor will pay to the that Fund, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser Advisor hereby agrees to limit the each Fund's current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the each Fund's respective average annual net assets of the Fund to the amounts listed in Appendix A (the “"Annual Limits”"). In the event that the current Operating Expenses of the a Fund, as accrued each month, exceed its Annual Limit, the Adviser Advisor will pay to the Fund, on a monthly basis, the excess expense within a reasonable time after being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser hereby agrees to limit the Fund’s current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the Fund’s average annual net assets of the Fund to the amounts amount listed in Appendix Schedule A hereto (the “Annual LimitsLimit”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Adviser will pay to the Fund, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.

Limit on Operating Expenses. The Adviser hereby agrees to limit the each Fund's current Operating Expenses for the Fund to an annual rate, expressed as a percentage of the Fund's average annual net assets of the Fund to the amounts listed in Appendix A (the “"Annual Limits”"). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Adviser will pay to the that Fund, on a monthly basis, the excess expense within a reasonable time after 30 days of being notified that an excess expense payment is due.