Year-End Adjustment. If necessary, on or before the last day of the first month after the conclusion of the term of this Agreement, an adjustment payment shall be made by the appropriate party in order that the amount of the investment advisory fees reduced and other payments remitted by the Adviser to the Fund during the term of the Agreement shall equal the Excess Amount.
Appears in 5 contracts
Sources: Expense Limitation Agreement (Gardner Lewis Investment Trust), Expense Limitation Agreement (Gardner Lewis Investment Trust), Expense Limitation Agreement (Gardner Lewis Investment Trust)
Year-End Adjustment. If necessary, on or before the last day of the first month after the conclusion of the term of this Agreementeach year, an adjustment payment shall be made by the appropriate party in order that the amount of the investment advisory fees waived or reduced and other payments remitted by the Adviser to the Fund during or Funds with respect to the term of the Agreement previous year shall equal the Excess Amount.
Appears in 5 contracts
Sources: Expense Limitation and Fee Waiver Agreement (E-Valuator Funds Trust), Expense Limitation and Fee Waiver Agreement (E-Valuator Funds Trust), Expense Limitation and Fee Waiver Agreement (E-Valuator Funds Trust)
Year-End Adjustment. If necessary, on or before the last day of the first month after the conclusion of the term of this Agreement, an adjustment payment shall be made by the appropriate party in order that the amount actual Fund Operating Expenses of the investment advisory fees reduced and other payments remitted by the Adviser to the Fund during for the term of the Agreement shall equal (including any reimbursement payments hereunder with respect to such period) do not exceed the Excess AmountOperating Expense Limit.
Appears in 4 contracts
Sources: Expense Limitation Agreement (Gardner Lewis Investment Trust), Expense Limitation Agreement (Gardner Lewis Investment Trust), Expense Limitation Agreement (Gardner Lewis Investment Trust)
Year-End Adjustment. If necessary, on or before the last day of the first month after the conclusion of the term of this Agreement, an adjustment payment shall be made by the appropriate party in order that the amount actual fund operating expenses of the investment advisory fees reduced and other payments remitted by the Adviser to the Fund during for the term of the Agreement shall equal (including any reimbursement payments hereunder with respect to such period) do not exceed the Excess AmountOperating Expense Limit.
Appears in 3 contracts
Sources: Fee Reduction Agreement (Commonwealth International Series Trust), Fee Reduction Agreement (Commonwealth International Series Trust), Fee Reduction Agreement (Commonwealth International Series Trust)
Year-End Adjustment. If necessary, on or before the last day of the first month after the conclusion of the term of this Agreementeach Applicable Year, an adjustment payment shall be made by the appropriate party in order that the amount of the investment advisory fees waived or reduced and other payments remitted by the Adviser Investment Manager to each Share Class of each Fund with respect to the Fund during the term of the Agreement previous Applicable Year shall equal the Excess Amount.
Appears in 2 contracts
Sources: Expense Limitation Agreement (Mirae Asset Discovery Funds), Expense Limitation Agreement (Mirae Asset Discovery Funds)
Year-End Adjustment. If necessary, on or before the last day of the first month after the conclusion of each fiscal year during the term of this Agreementagreement, an adjustment payment shall be made by the appropriate party in order that the amount of the reduced investment advisory fees reduced and other payments remitted by the Adviser Advisor to the Fund during or Funds with respect to the term of the Agreement previous fiscal year shall equal the Excess Amount.
Appears in 1 contract
Sources: Expense Limitation Agreement (Tilson Investment Trust)
Year-End Adjustment. If necessary, on or before the last day of the first month after the conclusion of the term of this Agreementeach Applicable Year, an adjustment payment shall be made by the appropriate party in order that the amount of the investment advisory fees waived or reduced and other payments remitted by the Investment Adviser to each share class of the Fund during with respect to the term of the Agreement previous Applicable Year shall equal the Excess Amount.
Appears in 1 contract
Sources: Fee Waiver/Expense Reimbursement Agreement (Del Rey Global Investors Funds)