Specific Liabilities. The assets of the Trust held with respect to each Portfolio shall be charged with the liabilities of the Trust with respect to such Portfolio and all expenses, costs, charges and reserves attributable to such Portfolio. Class Expenses shall, in all cases, be allocated to the Class for which such Class Expenses were incurred.
Appears in 17 contracts
Samples: Agreement and Declaration (Manager Directed Portfolios), Agreement and Declaration (Manager Directed Portfolios), Agreement and Declaration (Manager Directed Portfolios)