Common use of Money Market Trust Clause in Contracts

Money Market Trust. The Adviser and its affiliates have voluntarily agreed to waive a portion of their fees (including, but not limited to, Rule 12b-1 fees) and/or reimburse certain expenses to the extent necessary to assist the fund in attempting to achieve a positive yield. These fee waivers and/or expense reimbursements are voluntary and may be amended or terminated at any time by the Adviser on notice to the Trust. 500 Index Trust International Equity Index Trust Money Market Trust Total Bond Market Trust The Adviser contractually agrees until April 30, 2023 to reimburse Expenses of each class of the Funds listed below so that the Expenses for each class of the Fund do not exceed the amounts listed below. Expenses of the Fund attributable to the class include all expenses of the Fund including advisory fees but excluding: (a) taxes, (b) portfolio brokerage commissions, (c) interest, (d) litigation and indemnification expenses and other extraordinary expenses not incurred in the ordinary course of the business of the Trust, (e) short dividends, (f) acquired fund fees and (g) Rule 12b-1 fees. Fund Expense Limit (as a percentage of Average Daily Net Assets of the Fund) 500 Index Trust 0.25% International Equity Index Trust 0.34% Money Market Trust 0.28% Total Bond Market Trust 0.25% Each expense reimbursement expires on April 30, 2023 unless renewed by mutual agreement of the Fund and the Adviser based upon a determination that this is appropriate under the circumstances at that time. This expense reimbursement supercedes all prior agreements by the Adviser to reimburse expenses of the Funds.

Appears in 2 contracts

Samples: John Hancock Variable Insurance Trust, John Hancock Variable Insurance Trust

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Money Market Trust. The Adviser and its affiliates have voluntarily agreed to waive a portion of their fees (including, but not limited to, Rule 12b-1 fees) and/or reimburse certain expenses to the extent necessary to assist the fund in attempting to achieve a positive yield. These fee waivers and/or expense reimbursements are voluntary and may be amended or terminated at any time by the Adviser on notice to the Trust. 500 Index Trust International Equity Index Trust Money Market Trust Total Bond Market Trust The Adviser contractually agrees until April 30, 2023 2024 to reimburse Expenses of each class of the Funds listed below so that the Expenses for each class of the Fund do not exceed the amounts listed below. Expenses of the Fund attributable to the class include all expenses of the Fund including advisory fees but excluding: (a) taxes, (b) portfolio brokerage commissions, (c) interest, (d) litigation and indemnification expenses and other extraordinary expenses not incurred in the ordinary course of the business of the Trust, (e) short dividends, (f) acquired fund fees and (g) Rule 12b-1 fees. Fund Expense Limit (as a percentage of Average Daily Net Assets of the Fund) 500 Index Trust 0.25% International Equity Index Trust 0.34% Money Market Trust 0.28% Total Bond Market Trust 0.25% Each expense reimbursement expires on April 30, 2023 2024 unless renewed by mutual agreement of the Fund and the Adviser based upon a determination that this is appropriate under the circumstances at that time. This expense reimbursement supercedes all prior agreements by the Adviser to reimburse expenses of the Funds.

Appears in 1 contract

Samples: John Hancock Variable Insurance Trust

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Money Market Trust. The Adviser and its affiliates have voluntarily agreed to waive a portion of their fees (including, but not limited to, Rule 12b-1 fees) and/or reimburse certain expenses to the extent necessary to assist the fund in attempting to achieve a positive yield. These fee waivers and/or expense reimbursements are voluntary and may be amended or terminated at any time by the Adviser on notice to the Trust. 500 Index Trust International Equity Index Trust Money Market Trust Total Bond Market Trust The Adviser contractually agrees until April 30, 2023 2022 to reimburse Expenses of each class of the Funds listed below so that the Expenses for each class of the Fund do not exceed the amounts listed below. Expenses of the Fund attributable to the class include all expenses of the Fund including advisory fees but excluding: (a) taxes, (b) portfolio brokerage commissions, (c) interest, (d) litigation and indemnification expenses and other extraordinary expenses not incurred in the ordinary course of the business of the Trust, (e) short dividends, (f) acquired fund fees and (g) Rule 12b-1 fees. Fund Expense Limit (as a percentage of Average Daily Net Assets of the Fund) 500 Index Trust 0.25% International Equity Index Trust 0.34% Money Market Trust 0.28% Total Bond Market Trust 0.25% Each expense reimbursement expires on April 30, 2023 2022 unless renewed by mutual agreement of the Fund and the Adviser based upon a determination that this is appropriate under the circumstances at that time. This expense reimbursement supercedes all prior agreements by the Adviser to reimburse expenses of the Funds.

Appears in 1 contract

Samples: John Hancock Variable Insurance Trust

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