Common use of Professional Services Clause in Contracts

Professional Services. The Administrator shall pay the fees and expenses of the Fund incurred in connection with ordinary professional services, but only up to the limits set forth below. In the event that the fees and expenses for such services are greater than the limits set forth below, the Advisor shall pay the amounts above such limit unless the expense has been specifically assumed by the Fund per the instructions of the Trust’s Board of Trustees.

Appears in 17 contracts

Samples: Operating Plan (Starboard Investment Trust), Operating Plan (Hanna Investment Trust), Operating Plan (Starboard Investment Trust)

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Professional Services. The Administrator shall pay the fees and expenses of the Fund incurred in connection with for ordinary professional servicesservices provided by legal and audit firms engaged by the Fund, but only up to the limits set forth below. In the event that the fees and expenses for such services are greater than the limits set forth below, the Advisor shall pay the amounts above such limit unless the expense has been specifically assumed by the Fund per the instructions of the Trust’s Board of Trustees.

Appears in 15 contracts

Samples: Operating Plan (Starboard Investment Trust), Operating Plan (Starboard Investment Trust), Operating Plan (Starboard Investment Trust)

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Professional Services. The Administrator shall pay the fees and expenses of the Fund Funds incurred in connection with ordinary professional services, but only up to the limits set forth below. In the event that the fees and expenses for such services are greater than the limits set forth below, the Advisor shall pay the amounts above such limit unless the expense has been specifically assumed by the Fund Funds per the instructions of the Trust’s Board of Trustees.

Appears in 5 contracts

Samples: Operating Plan (Starboard Investment Trust), Operating Plan (Starboard Investment Trust), Operating Plan (Starboard Investment Trust)

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