Common use of Payment of Expenses by the Trust Clause in Contracts

Payment of Expenses by the Trust. The Trustees are authorized to pay or cause to be paid out of the principal or income of the Trust, or partly out of principal and partly out of income, as they deem fair, all expenses, fees, charges, taxes and liabilities incurred or arising in connection with the Trust, or in connection with the management thereof, including but not limited to, the Trustees' compensation and such expenses and charges for the services of the Trust's officers, employees, administrators, investment advisers or managers, principal underwriter, auditor, counsel, custodian, transfer agent, shareholder servicing agent, and such other agents or independent contractors, and such other expenses and charges, as the Trustees may deem necessary or proper to incur.

Payment of Expenses by the Trust. The Trustees are authorized to pay or cause to be paid out of the principal or income of the Trust, or partly out of the principal and partly out of income, as they deem fair, all expenses, fees, charges, taxes and liabilities incurred or arising in connection with the Trust, or in connection with the management thereof, including including, but not limited to, the Trustees' compensation and such expenses and charges for the services of the Trust's officers, employees, administrators, investment advisers adviser or managersmanager, principal underwriter, auditorauditors, counsel, custodian, transfer agent, shareholder Shareholder servicing agent, and such other agents or independent contractors, contractors and such other expenses and charges, charges as the Trustees may deem necessary or proper to incur.

Payment of Expenses by the Trust. The Trustees are authorized to pay or cause to be paid out of the principal or income of the Trust, or partly out of principal and partly out of income, as they deem fair, all expenses, fees, charges, taxes and liabilities incurred or arising in connection with the Trust, or in connection with the management thereof, including but not limited to, the Trustees' compensation and such expenses and charges for the services of the Trust's officers, employees, administrators, investment advisers adviser or managersmanager, principal underwriter, auditor, counsel, custodian, transfer agent, shareholder servicing agent, and such other agents or independent contractors, contractors and such other expenses and charges, charges as the Trustees may deem necessary or proper to incur.

Payment of Expenses by the Trust. The Trustees are authorized to pay or cause to be paid out of the principal or income of the Trust, or partly out of principal and partly out of income, as they deem fair, all expenses, fees, charges, taxes and liabilities incurred or arising in connection with the Trust, or in connection with the management thereof, including but not limited to, the Trustees' ’ compensation and such expenses and charges for the services of the Trust's ’s officers, employees, administrators, investment advisers or managers, principal underwriter, auditor, counsel, custodian, transfer agent, shareholder servicing agent, and such other agents or independent contractors, and such other expenses and charges, as the Trustees may deem necessary or proper to incur.

Payment of Expenses by the Trust. The Trustees are authorized to pay pay, or to cause to be paid out of the principal or income of the Trust, or partly out of principal and partly out of income, as they deem fair, all expenses, fees, charges, taxes and liabilities incurred or arising in connection with the Trust, or in connection with the management thereof, including including, but not limited to, the Trustees' compensation and such expenses and charges for the services of the Trust's officers, employees, administratorsinvestment adviser, investment advisers sub-adviser or managersmanager, principal underwriter, auditor, counsel, custodian, transfer agent, shareholder servicing agent, and such other agents or independent contractors, contractors and such other expenses and charges, charges as the Trustees may deem necessary or proper to incur.

Payment of Expenses by the Trust. The Trustees are authorized to pay or cause to be paid out of the principal or income of the Trust, or partly out of the principal and partly out of income, as they deem fair, all expenses, fees, charges, taxes and liabilities incurred or arising in connection with the Trust, or in connection with the management thereof, including including, but not limited to, the Trustees' compensation and such expenses and charges for the services of the Trust's officers, employees, administratorsInvestment Adviser, investment advisers or managersPrincipal Underwriter(s), principal underwriter, auditorauditors, counsel, custodian, transfer agent, shareholder Shareholder servicing agent, and such other agents or independent contractors, contractors and such other expenses and charges, charges as the Trustees may deem necessary or proper to incur.

Payment of Expenses by the Trust. The Trustees are authorized to pay or cause to be paid out of the principal or income of the Trust, or partly out of the principal and partly out of income, as they deem fair, all expenses, fees, charges, taxes and liabilities incurred or arising in connection with the Trust, or in connection with the management thereof, including including, but not limited to, the Trustees' compensation and such expenses and charges for the services of the Trust's officers, employees, administrators, investment advisers advisor or managersmanager, principal underwriter, auditorauditors, counsel, custodian, transfer agent, shareholder servicing agent, and such other agents or independent contractors, contractors and such other expenses and charges, charges as the Trustees may deem necessary or proper to incur.

Payment of Expenses by the Trust. The Trustees are authorized to pay or cause to be paid out of the principal or income of the Trust, or partly out of principal and partly out of income, as they deem fair, all expenses, fees, charges, taxes and liabilities incurred or arising in connection with the Trust, or in connection with the management thereof, including but not limited to, the Trustees' ’ compensation and such expenses and charges for the services of the Trust's ’s officers, employees, administratorsinvestment adviser or manager, investment advisers or managersadministrator, principal underwriter, auditor, counsel, custodian, transfer agent, shareholder servicing agent, and such other agents or independent contractors, contractors and such other expenses and charges, charges as the Trustees may deem necessary or proper to incur.

Payment of Expenses by the Trust. The Trustees are authorized to pay or cause to be paid out of the principal or income of the TrustTrust or the appropriate Series, or partly out of the principal and partly out of income, as they deem fair, all expenses, fees, charges, taxes and liabilities incurred or arising in connection with the TrustTrust or Series, or in connection with the management thereof, including including, but not limited to, the Trustees' ’ compensation and such expenses and charges for the services of the Trust's ’s officers, employees, administratorsInvestment Managers, investment advisers or managersPrincipal Underwriter, principal underwriter, auditorauditors, counsel, custodian, transfer agent, shareholder Shareholder servicing agent, and such other agents or independent contractors, contractors and such other expenses and charges, charges as the Trustees may deem necessary or proper to incur.

Payment of Expenses by the Trust. The Trustees are authorized to pay or cause to be paid out of the principal or income of the Trust, or partly out of the principal and partly out of income, as they deem fair, all expenses, fees, charges, taxes and liabilities incurred or arising in connection with the Trust, or in connection with the management thereof, including including, but not limited to, the Trustees' ’ compensation and such expenses and charges for the services of the Trust's ’s officers, employees, administratorsInvestment Adviser, investment advisers or managersPrincipal Underwriter(s), principal underwriter, auditorauditors, counsel, custodian, transfer agent, shareholder Shareholder servicing agent, and such other agents or independent contractors, contractors and such other expenses and charges, charges as the Trustees may deem necessary or proper to incur.

Payment of Expenses by the Trust. The Trustees are authorized to pay or cause to be paid out of the principal or income of the Trust, or partly out of the principal and partly out of income, as they deem fair, all expenses, fees, charges, taxes and liabilities incurred or arising in connection with the Trust, or in connection with the management thereof, including including, but not limited to, the Trustees' compensation and such expenses and charges for the services of the Trust's officers, employees, administratorsAdviser, investment advisers or managersPrincipal Underwriter, principal underwriter, auditorauditors, counsel, custodian, transfer agent, shareholder Shareholder servicing agent, and such other agents or independent contractors, contractors and such other expenses and charges, charges as the Trustees may deem necessary or proper to incur.

Payment of Expenses by the Trust. The Trustees are authorized to pay or cause to be paid out of the principal or income of the TrustTrust or the appropriate Series, or partly out of the principal and partly out of income, as they deem fair, all expenses, fees, charges, taxes and liabilities incurred or arising in connection with the TrustTrust or Series, or in connection with the management thereof, including including, but not limited to, the Trustees' ’ compensation and such expenses and charges for the services of the Trust's ’s officers, employees, administrators, investment advisers adviser or managersmanager, principal underwriter, auditorauditors, counsel, custodian, transfer agent, shareholder Shareholder servicing agent, and such other agents or independent contractors, contractors and such other expenses and charges, charges as the Trustees may deem necessary or proper to incur.

Payment of Expenses by the Trust. The Trustees are authorized to pay or cause to be paid out of the principal or income of the Trust, or partly out of principal and partly out of income, as they deem fair, all expenses, fees, charges, taxes and liabilities incurred or arising in connection with the Trust, or in connection with the management thereof, including including, but not limited to, the Trustees' compensation and such expenses and charges for the services of the Trust's officers, employees, administrators, investment advisers or managers, principal underwriter, auditor, counsel, custodian, transfer agent, shareholder servicing agent, and such other agents or independent contractors, and such other expenses and charges, as the Trustees may deem necessary or proper to incur.

Payment of Expenses by the Trust. The Trustees are authorized to pay or cause to be paid out of the principal or income of the Trust, or partly out of the principal and partly out of income, as they deem fair, all expenses, fees, charges, taxes and liabilities incurred or arising in connection with the Trust, or in connection with the management thereof, including including, but not limited to, ; the Trustees' compensation and such expenses and charges for the services of the Trust's officers, employees, administrators, investment advisers adviser or managersmanager, principal underwriter, auditorauditors, counsel, custodian, transfer agent, shareholder Shareholder servicing agent, and such other agents or independent contractors, contractors and such other expenses and charges, charges as the Trustees may deem necessary or proper to incur.

Payment of Expenses by the Trust. The Trustees are authorized to pay or cause to be paid out of the principal or income of the Trust, or partly out of the principal and partly out of income, as they deem fair, all expenses, fees, charges, taxes and liabilities incurred or arising in connection with the Trust, or in connection with the management thereof, including including, but not limited to, the Trustees' ’ compensation and such expenses and charges for the services of the Trust's ’s officers, employees, administrators, investment advisers adviser or managersmanager, principal underwriter, auditorauditors, counsel, custodian, transfer agent, shareholder Shareholder servicing agent, and such other agents or independent contractors, contractors and such other expenses and charges, charges as the Trustees may deem necessary or proper to incur.

Payment of Expenses by the Trust. The Trustees are authorized ---------- -------------------------------- to pay or cause to be paid out of the principal or income of the Trust, or partly out of principal and partly out of income, as they deem fair, all expenses, fees, charges, taxes and liabilities incurred or arising in connection with the Trust, or in connection with the management thereof, including but not limited to, the Trustees' compensation and such expenses and charges for the services of the Trust's officers, employees, administrators, investment advisers or managers, principal underwriter, auditor, counsel, custodian, transfer agent, shareholder servicing agent, and such other agents or independent contractors, and such other expenses and charges, as the Trustees may deem necessary or proper to incur.

Payment of Expenses by the Trust. The Trustees are authorized to pay or cause to be paid out of the principal or income of the Trust, or partly out of the principal and partly out of income, as they deem fair, all expenses, fees, charges, taxes and liabilities incurred or arising in connection with the Trust, or in connection with the management thereof, including including, but not limited to, the Trustees' ’ compensation and such expenses and charges for the services of the Trust's ’s officers, employees, administratorsInvestment Adviser, investment advisers or managersPrincipal Underwriter(s), principal underwriter, auditorauditors, counsel, custodian, transfer agent, shareholder servicing agent, and such other agents or independent contractors, contractors and such other expenses and charges, charges as the Trustees may deem necessary or proper to incur.

Payment of Expenses by the Trust. The Trustees are authorized to pay pay, or to cause to be paid out of the principal or income of the Trust, or partly out of principal and partly out of income, as they deem fair, all expenses, fees, charges, taxes and liabilities incurred or arising in connection with the Trust, or in connection with the management thereof, including including, but not limited to, the Trustees' ’ compensation and such expenses and charges for the services of the Trust's ’s officers, employees, administratorsinvestment adviser, investment advisers sub-adviser or managersmanager, principal underwriter, auditor, counsel, custodian, transfer agent, shareholder servicing agent, and such other agents or independent contractors, contractors and such other expenses and charges, charges as the Trustees may deem necessary or proper to incur.

Payment of Expenses by the Trust. The Trustees are authorized to pay or cause to be paid out of the principal or income of the Trust, or partly out of the principal and partly out of income, as they deem fair, all expenses, fees, charges, taxes and liabilities incurred or arising in connection with the Trust, or in connection with the management thereof, including including, but not limited to, the Trustees' compensation and such expenses and charges for the services of the Trust's officers, employees, administrators, investment advisers or managersInvestment Adviser, principal underwriter, auditorauditors, counsel, custodian, transfer agent, shareholder servicing agent, and such other agents or independent contractors, contractors and such other expenses and charges, charges as the Trustees may deem necessary or proper to incur.

Payment of Expenses by the Trust. The Trustees are authorized to pay or cause to be paid out of the principal or income of the Trust, or partly out of the principal and partly out of income, as they deem fair, all expenses, fees, charges, taxes and liabilities incurred or arising in connection with the Trust, or in connection with the management thereof, including including, but not limited to, the Trustees' ’ compensation and such expenses and charges for the services of the Trust's ’s officers, employees, administrators, investment advisers adviser or managersManager, principal underwriter, auditorauditors, counsel, custodian, transfer agent, shareholder Shareholder servicing agent, and such other agents agents, consultants, or independent contractors, contractors and such other expenses and charges, charges as the Trustees may deem necessary or proper to incur.

Payment of Expenses by the Trust. The Trustees are authorized to pay or cause to be paid out of the principal or income of the Trust, or partly out of principal and partly out of income, as they deem fair, all expenses, fees, charges, taxes and liabilities incurred or arising in connection with the Trust, or in connection with the management thereof, including but not limited to, the Trustees' compensation and such expenses and charges for the services of the Trust's officers, employees, administrators, investment advisers or managers, principal underwriter, auditor, counsel, custodian, transfer agent, shareholder servicing agent, and such other agents or independent contractors, and such other expenses and charges, as the Trustees may deem necessary or proper to incur. Section 5.

Payment of Expenses by the Trust. The Trustees are authorized to pay or cause to be paid out of the principal or income of the Trust, or partly out of the principal and partly out of incomethe income of the Trust, as they deem fair, all expenses, fees, charges, taxes and liabilities incurred or arising in connection with the Trust, or in connection with the management thereof, including including, but not limited to, to the Trustees' ’ compensation and such expenses and charges for the services of the Trust's ’s officers, employees, administrators, investment advisers adviser or managersmanager, principal underwriter, auditorauditors, counsel, custodian, transfer agent, shareholder Shareholder servicing agent, and such other agents or independent contractors, and such other expenses and charges, charges as the Trustees may deem necessary or proper to incur.

Payment of Expenses by the Trust. The Trustees are authorized to pay or cause to be paid out of the principal or income of the Trust, or partly out of principal and partly out of income, as they deem fair, all expenses, fees, charges, taxes and liabilities incurred or arising in connection with the Trust, or in connection with the management thereof, including including, but not limited to, the Trustees' compensation and such expenses and charges for the services of the Trust's officers, employees, administrators, investment advisers or managers, principal underwriter, auditor, counsel, custodian, transfer agent, shareholder servicing agent, agent and such other agents or independent contractors, contractors and such other expenses and charges, charges as the Trustees may deem necessary or proper to incur.

Payment of Expenses by the Trust. The Trustees are authorized to pay or cause to be paid out of the principal or income of the Trust, or partly out of the principal and partly out of income, as they deem fair, all expenses, fees, charges, taxes and liabilities incurred or arising in connection with the Trust, or in connection with the management thereof, including including, but not limited to, the Trustees' compensation and such expenses and charges for the services of the Trust's officers, employees, administratorsinvestment adviser or manager, investment advisers or managersPrincipal Underwriter, principal underwriter, auditorauditors, counsel, custodian, transfer agent, shareholder servicing agent, and such other agents or independent contractors, contractors and such other expenses and charges, charges as the Trustees may deem necessary or proper to incur, which expenses, fees, charges, taxes and liabilities shall be allocated in accordance with Article III, Section 6 hereof.

Payment of Expenses by the Trust. The Trustees are authorized to pay or cause to be paid out of the principal or income of the Trust, or partly out of principal and partly out of income, as they deem fair, all expenses, fees, charges, taxes and liabilities incurred or arising in connection with the Trust, or in connection with the management thereof, including including, but not limited to, the Trustees' compensation and such expenses and charges for the services of the Trust's officers, employees, administrators, investment advisers or managers, principal underwriter, auditor, counsel, custodian, transfer agent, shareholder servicing agent, and such other agents or independent contractors, contractors and such other expenses and charges, charges as the Trustees may deem necessary or proper to incur.

Payment of Expenses by the Trust. The Trustees are authorized --------- -------------------------------- to pay or cause to be paid out of the principal or income of the Trust, or partly out of principal and partly out of income, as they deem fair, all expenses, fees, charges, taxes and liabilities incurred or arising in connection with the Trust, or in connection with the management thereof, including but not limited toto , the Trustees' compensation and such expenses and charges for the services of the Trust's officers, employees, administrators, investment advisers adviser or managersmanager, principal underwriter, auditor, counsel, custodian, transfer agent, shareholder servicing agent, and such other agents or independent contractors, contractors and such other expenses and charges, charges as the Trustees may deem necessary or proper to incur.

Payment of Expenses by the Trust. The Trustees are authorized to pay or cause to be paid out of the principal or income of the Trust, or partly out of the principal and partly out of income, as they deem fair, all expenses, fees, charges, taxes taxes, and liabilities incurred or arising in connection with the Trust, or in connection with the management thereof, including including, but not limited to, the Trustees' compensation compensation, and such expenses and charges for the services of the Trust's officers, employees, administrators, investment advisers advisor or managersmanager, principal underwriter, auditorauditors, counsel, custodian, transfer agent, shareholder servicing agent, and such other agents or independent contractors, contractors and such other expenses and charges, charges as the Trustees may deem necessary or proper to incur.

Payment of Expenses by the Trust. The Trustees are --------- -------------------------------- authorized to pay or cause to be paid out of the principal or income of the Trust, or partly out of the principal and partly out of income, as they deem fair, all expenses, fees, charges, taxes and liabilities incurred or arising in connection with the Trust, or in connection with the management thereof, including including, but not limited to, the Trustees' compensation and such expenses and charges for the services of the Trust's officers, employees, administrators, investment advisers adviser or managersManager, principal underwriter, auditorauditors, counsel, custodian, transfer agent, shareholder Shareholder servicing agent, and such other agents agents, consultants, or independent contractors, contractors and such other expenses and charges, charges as the Trustees may deem necessary or proper to incur.

Payment of Expenses by the Trust. The Trustees are authorized --------- -------------------------------- to pay or cause to be paid out of the principal or income of the Trust, or partly out of principal and partly out of income, as they deem fair, all expenses, fees, charges, taxes and liabilities incurred or arising in connection with the Trust, or in connection with the management thereof, including but not limited to, the Trustees' compensation and such expenses and charges for the services of the Trust's officers, employees, administrators, investment advisers adviser or managersmanager, principal underwriter, auditor, counsel, custodian, transfer agent, shareholder servicing agent, and such other agents or independent contractors, contractors and such other expenses and charges, charges as the Trustees may deem necessary or proper to incur.

Payment of Expenses by the Trust. The Trustees are authorized to pay or cause to be paid out of the principal or income of the Trust, or partly out of the principal and partly out of income, as they deem fair, all expenses, fees, charges, taxes and liabilities incurred or arising in connection with the Trust, or in connection with the management thereof, including including, but not limited to, the Trustees' Trustees compensation and such expenses and charges for the services of the Trust's officers, employees, administratorsinvestment adviser or manager, investment advisers or managersPrincipal Underwriter, principal underwriter, auditorauditors, counsel, custodian, transfer agent, shareholder servicing agent, and such other agents or independent contractors, contractors and such other expenses and charges, as the Trustees may deem necessary or proper to incur.expenses

Payment of Expenses by the Trust. The Trustees are authorized to pay or cause to be paid out of the principal or income of the Trust, or partly out of the principal and partly out of income, as they deem fair, all expenses, fees, charges, taxes and liabilities incurred or arising in connection with the Trust, or in connection with the management thereof, including including, but not limited to, the Trustees' compensation and such expenses and charges for the services of the Trust's officers, employees, administrators, investment advisers adviser or managersManager, principal underwriter, auditorauditors, counsel, custodian, transfer agent, shareholder Shareholder servicing agent, and such other agents agents, consultants, or independent contractors, contractors and such other expenses and charges, charges as the Trustees may deem necessary or proper to incur.

Payment of Expenses by the Trust. The Trustees are authorized to pay or cause to be paid out of the principal or income of the TrustTrust or the appropriate Series, or partly out of the principal and partly out of income, as they deem fair, all expenses, fees, charges, taxes and liabilities incurred or arising in connection with the TrustTrust or Series, or in connection with the management thereof, including including, but not limited to, the Trustees' ’ compensation and such expenses and charges for the services of the Trust's ’s officers, employees, administrators, investment advisers or managersInvestment Managers, principal underwriter, auditorauditors, counsel, custodian, transfer agent, shareholder Shareholder servicing agent, and such other agents or independent contractors, contractors and such other expenses and charges, charges as the Trustees may deem necessary or proper to incur.

Payment of Expenses by the Trust. The Trustees are ---------- ------------------------------------- authorized to pay or cause to be paid out of the principal or income of the Trust, or partly out of the principal and partly out of income, as they deem fair, all expenses, fees, charges, taxes and liabilities incurred or arising in connection with the Trust, or in connection with the management thereof, including including, but not limited to, the Trustees' compensation and such expenses and charges for the services of the Trust's officers, employees, administrators, investment advisers adviser or managersmanager, principal underwriter, auditorauditors, counsel, custodian, transfer agent, shareholder Shareholder servicing agent, and such other agents or independent contractors, contractors and such other expenses and charges, charges as the Trustees may deem necessary or proper to incur.