Payment and Year-End Adjustment. Amounts accrued pursuant to this Agreement shall be payable to the Adviser as of the last day of each month. If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the actual Fund Operating Expenses of a Fund for the prior fiscal year (including any reimbursement payments hereunder with respect to such fiscal year) do not exceed the Maximum Annual Operating Expense Limit.
Appears in 213 contracts
Samples: Expense Limitation Agreement (World Funds Trust), Expense Limitation Agreement (World Funds Trust), Expense Limitation Agreement (World Funds Trust)
Payment and Year-End Adjustment. Amounts accrued pursuant to this Agreement shall be payable to the Sub-Adviser as of the last day of each month. If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the actual Fund Operating Expenses of a Fund for the prior fiscal year (including any reimbursement payments hereunder with respect to such fiscal year) do not exceed the Maximum Annual Operating Expense Limit.
Appears in 40 contracts
Samples: Expense Limitation Agreement (AdvisorShares Trust), Expense Limitation Agreement (AdvisorShares Trust), Expense Limitation Agreement (AdvisorShares Trust)
Payment and Year-End Adjustment. Amounts accrued pursuant to this Agreement shall be payable to the Adviser as of the last day of each month. If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the actual Fund Operating Expenses of a the Fund for the prior fiscal year (including any reimbursement payments hereunder with respect to such fiscal year) do not exceed the Maximum Annual Operating Expense LimitLimit for such fiscal year.
Appears in 30 contracts
Samples: Expense Limitation Agreement (Advisors' Inner Circle Fund III), Expense Limitation Agreement (Advisors' Inner Circle Fund II), Expense Limitation Agreement (Emerging Growth & Dividend Reinvestment Fund)
Payment and Year-End Adjustment. Amounts accrued pursuant to this Agreement shall be payable to the Adviser as of the last day of each month. If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the actual Fund Operating Expenses of a Fund for the prior fiscal year (including any reimbursement payments hereunder with respect to such fiscal year) do not exceed the Maximum Annual Operating Expense LimitLimit for such fiscal year.
Appears in 24 contracts
Samples: Expense Limitation Agreement (Delaware Wilshire Private Markets Tender Fund), Expense Limitation Agreement (Delaware Wilshire Private Markets Tender Fund), Expense Limitation Agreement (Advisors' Inner Circle Fund)
Payment and Year-End Adjustment. Amounts accrued pursuant to this Agreement shall be payable to the Adviser as of the last day of each month. If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the actual Fund Operating Expenses of a the Fund for the prior fiscal year (including any reimbursement payments hereunder with respect to such said fiscal year) do not exceed the Maximum Annual Operating Expense LimitLimit for said fiscal year.
Appears in 21 contracts
Samples: Expense Limitation Agreement (Catholic Responsible Investments Funds), Expense Limitation Agreement (Advisors' Inner Circle Fund III), Expense Limitation Agreement (Advisors' Inner Circle Fund)
Payment and Year-End Adjustment. Amounts accrued pursuant to this Agreement shall be payable to the Adviser as of the last day of each month. If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the actual Fund Operating Expenses of a Fund for the prior fiscal year (including any reimbursement payments hereunder with respect to such said fiscal year) do not exceed the Maximum Annual Operating Expense LimitLimit for said fiscal year.
Appears in 13 contracts
Samples: Expense Limitation Agreement (Advisors' Inner Circle Fund III), Expense Limitation Agreement (Advisors' Inner Circle Fund III), Expense Limitation Agreement (Advisors' Inner Circle Fund III)
Payment and Year-End Adjustment. Amounts A Recoupment Amount accrued pursuant to this Agreement shall be payable to the Sub-Adviser as of the last day of each month. If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the actual Fund Operating Expenses of a Fund for the prior fiscal year (including any reimbursement recoupment payments hereunder with respect to such fiscal year) do not exceed the any applicable Maximum Annual Operating Expense Limit.
Appears in 7 contracts
Samples: Sub Adviser Expense Limitation Agreement (AdvisorShares Trust), Sub Adviser Expense Limitation Agreement (AdvisorShares Trust), Sub Adviser Expense Limitation Agreement (AdvisorShares Trust)
Payment and Year-End Adjustment. Amounts accrued pursuant to this Agreement shall be payable to the Adviser as of the last day of each month. If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the actual Fund Operating Expenses of a the Fund for the prior fiscal year (including any reimbursement payments hereunder with respect to such fiscal year) do not exceed the Maximum Annual Operating Expense Limit.
Appears in 7 contracts
Samples: Expense Limitation Agreement (Connetic Venture Capital Access Fund), Expense Limitation Agreement (M3Sixty Funds Trust), Expense Limitation Agreement (World Funds Trust)
Payment and Year-End Adjustment. Amounts accrued pursuant to this Agreement shall be payable to the Adviser as of the last day of each month. If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the actual Fund Operating Expenses of a Fund for the prior fiscal year (including any reimbursement payments hereunder with respect to such fiscal year) do not exceed the Maximum Annual Operating Expense Limit.
Appears in 5 contracts
Samples: Expense Limitation and Fee Waiver Agreement (E-Valuator Funds Trust), Expense Limitation and Fee Waiver Agreement (E-Valuator Funds Trust), World Funds Trust (World Funds Trust)
Payment and Year-End Adjustment. Amounts accrued pursuant to this Agreement shall be payable to the Adviser as of the last day of each month. If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the actual Fund Operating Short Sale Expenses of a Fund for the prior fiscal year (including any reimbursement payments hereunder with respect to such fiscal year) do not exceed the Maximum Annual Operating Short Sale Expense LimitLimit for such fiscal year.
Appears in 5 contracts
Samples: Expense Limitation Agreement (Reality Shares ETF Trust), Expense Limitation Agreement (Siren ETF Trust), Expense Limitation Agreement (Reality Shares ETF Trust)
Payment and Year-End Adjustment. Amounts A Recoupment Amount accrued pursuant to this Agreement shall be payable to the Adviser as of the last day of each month. If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the actual Fund Operating Expenses of a Fund for the prior fiscal year (including any reimbursement recoupment payments hereunder with respect to such fiscal year) do not exceed the any applicable Maximum Annual Operating Expense Limit.
Appears in 4 contracts
Samples: Expense Limitation Agreement (SHP ETF Trust), Expense Limitation Agreement (Exchange Traded Concepts Trust), Expense Limitation Agreement (AdvisorShares Trust)
Payment and Year-End Adjustment. Amounts A Recoupment Amount accrued pursuant to this Agreement shall be payable to the Adviser as of the last day of each month. If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the actual Fund Operating Expenses of a Fund for the prior fiscal year (including any reimbursement recoupment payments hereunder with respect to such fiscal year) do not exceed the any applicable Maximum Annual Operating Expense Limit.
Appears in 4 contracts
Samples: Expense Limitation Agreement (Exchange Listed Funds Trust), Expense Limitation Agreement (Exchange Listed Funds Trust), Expense Limitation Agreement (Exchange Listed Funds Trust)
Payment and Year-End Adjustment. Amounts accrued pursuant to this Agreement shall be payable to the Adviser Advisor as of the last day of each month. If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the actual Fund Operating Expenses of a Fund Class for the prior fiscal year (including any reimbursement payments hereunder with respect to such said fiscal year) do not exceed the Maximum Annual Operating Expense LimitLimit for said fiscal year.
Appears in 3 contracts
Samples: Expense Limitation Agreement (Manning & Napier Fund, Inc.), Expense Limitation Agreement (Manning & Napier Fund, Inc.), Expense Limitation Agreement (Manning & Napier Fund, Inc.)
Payment and Year-End Adjustment. Amounts accrued pursuant to this Agreement shall be payable to the Adviser as of the last day of each month. If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the actual Fund Operating Expenses of a Fund for the prior fiscal year (including any reimbursement payments hereunder with respect to such prior fiscal year (including any reimbursement payments hereunder with respect to such fiscal year) do not exceed the Maximum Annual Operating Expense Limit.
Appears in 1 contract
Payment and Year-End Adjustment. Amounts accrued pursuant to this Agreement shall be payable to the Adviser Manager as of the last day of each month. If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the actual Fund Portfolio Operating Expenses of a Fund Portfolio for the prior fiscal year (including any reimbursement payments hereunder with respect to such fiscal year) do not exceed the Maximum Annual Operating Expense Limit.
Appears in 1 contract
Payment and Year-End Adjustment. Amounts accrued pursuant to this Agreement shall be payable to the Adviser as of the last day of each month. If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the actual Other Fund Operating Expenses of a the Fund for the prior fiscal year (including any reimbursement payments hereunder with respect to such fiscal year) do not exceed the Maximum Annual Other Fund Operating Expense Limit.
Appears in 1 contract
Payment and Year-End Adjustment. Amounts accrued pursuant to this Agreement shall be payable to the Adviser as of the last day of each month. If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party (a Fund or the Adviser) in order that the actual Fund Ordinary Operating Expenses of a Fund for the prior fiscal year (including any reimbursement payments hereunder with respect to such fiscal year) do not exceed the Maximum Annual Operating Expense Limit.
Appears in 1 contract
Samples: Expense Limitation Agreement (Advisors Inner Circle Fund)
Payment and Year-End Adjustment. Amounts accrued pursuant to this Agreement shall be payable to the Adviser as of the last day of each monthmonth . If necessarynecessary , on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the actual Fund Operating Expenses of a Fund for the prior fiscal year (including any reimbursement payments hereunder with respect to such fiscal year) do not exceed the Maximum Annual Operating Expense LimitLimit for such fiscal year.
Appears in 1 contract
Samples: Expense Limitation Agreement (Advisors' Inner Circle Fund II)
Payment and Year-End Adjustment. Amounts accrued pursuant to this Agreement shall be payable to the Adviser Advisor as of the last day of each month. If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the actual Fund Operating Expenses of a Fund the Trust for the prior fiscal year (including any reimbursement payments hereunder with respect to such fiscal year) do not exceed the Maximum Annual Operating Expense Limit.
Appears in 1 contract
Payment and Year-End Adjustment. Amounts accrued pursuant to this Agreement shall be payable to the Sub-Adviser as of the last day of each month. If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the actual Fund Operating Expenses of a the Fund for the prior fiscal year (including any reimbursement payments hereunder with respect to such fiscal year) do not exceed the Maximum Annual Operating Expense LimitLimit for such fiscal year.
Appears in 1 contract
Samples: Expense Limitation Agreement (Advisors Inner Circle Fund II)
Payment and Year-End Adjustment. Amounts accrued pursuant to this Agreement shall be payable to the Adviser as of the last day of each month. If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the actual Fund Operating Expenses of a Fund for the prior fiscal year (including any reimbursement payments hereunder with respect to such fiscal year) do not exceed the Maximum Annual Operating Expense Limit.
Appears in 1 contract
Samples: Operating Expenses Limitation Agreement (Advisors Series Trust)
