Expenses Borne by Manager. Manager at its own expense shall furnish all executive and other personnel, office space, and office facilities required to render the investment management and administrative services set forth in this Agreement. In the event that Manager pays or assumes any expenses of Trust or a Fund not required to be paid or assumed by Manager under this Agreement, Manager shall not be obligated hereby to pay or assume the same or similar expense in the future; provided that nothing contained herein shall be deemed to relieve Manager of any obligation to Trust or a Fund under any separate agreement or arrangement between the parties.
Expenses Borne by Manager. Manager at its own expense shall furnish all executive and other personnel, office space, and office facilities required to render the investment management and administrative services set forth in this Agreement. Manager shall pay all expenses of establishing, maintaining, and servicing the accounts of Unitholders in each Fund listed in Exhibit A. However, Manager shall not be required to pay or provide any credit for services provided by Trust's custodian or other agents without additional cost to Trust. In the event that Manager pays or assumes any expenses of Trust or a Fund not required to be paid or assumed by Manager under this Agreement, Manager shall not be obligated hereby to pay or assume the same or similar expense in the future; provided that nothing contained herein shall be deemed to relieve Manager of any obligation to Trust or a Fund under any separate agreement or arrangement between the parties.
Expenses Borne by Manager. 1. In connection with the services rendered by the Manager under this Agreement, the Manager will bear all of the following expenses:
Expenses Borne by Manager. To the extent necessary to perform its obligations under this Agreement, the Manager, at its own expense, shall furnish executive and other personnel and office space, equipment and facilities, and shall pay any other expenses incurred by it, in connection with the performance of its duties hereunder, except that the Trust or the Funds, as appropriate, shall reimburse the Manager for its out-of-pocket costs, including telephone, postage and supplies, incurred by it in connection with communications with shareholders and beneficial owners of the Funds. The Manager shall pay all salaries, fees and expenses of Trustees or officers of the Trust who are employees of the Manager. The Manager shall not be obligated to bear any other expenses incidental to the operations and business of the Trust. The Manager shall not be required to pay or provide any credit for services provided by the Trust's custodian, transfer agent or other agents.
Expenses Borne by Manager. Manager at its own expense shall furnish all executive and other personnel, office space, and office facilities required to render the investment management and administrative services set forth in this Agreement. Manager shall pay all expenses of establishing, maintaining, and servicing the accounts of Unitholders. However, Manager shall not be required to pay or provide any credit for services provided by LLC's custodian or other agents without additional cost to LLC. In the event that Manager pays or assumes any expenses of LLC not required to be paid or assumed by Manager under this Agreement, Manager shall not be obligated hereby to pay or assume the same or similar expense in the future; provided that nothing contained herein shall be deemed to relieve Manager of any obligation to LLC under any separate agreement or arrangement between the parties.
Expenses Borne by Manager. To the extent necessary to perform its obligations under this Agreement, the Manager, at its own expense, shall furnish executive and other personnel and office space, equipment and facilities, and shall pay any other expenses incurred by it (other than the cost of securities, including brokerage commissions, purchased by the Funds), in connection with the performance of its duties hereunder, except that the Trust or the Funds, as appropriate, shall reimburse the Manager for its out-of-pocket costs, including telephone, postage and supplies, incurred by it in connection with communications with shareholders and beneficial owners of the Funds. The Manager shall pay all salaries, fees and expenses of Trustees or officers of the Trust who are employees of the Manager. The Manager shall not be obligated to bear any other expenses incidental to the operations and business of the Trust. The Manager shall not be required to pay or provide any credit for services provided by the Trust's custodian, transfer agent or other agents.
Expenses Borne by Manager. Subject to Section 7 hereof, the Manager shall be responsible for bearing its own costs and expenses, including all costs and expenses associated with compensating officers of UTC for their services
Expenses Borne by Manager. Manager at its own expense shall furnish all executive and other personnel, office space, and office facilities required to render the investment management and administrative services set forth in this Agreement. Manager shall pay all expenses of establishing, maintaining, and servicing the accounts of Shareholders in each Fund listed in Schedule A to this Agreement. However, Manager shall not be required to pay or provide any credit for services provided by CAF's custodian or other agents without additional cost to CAF. In the event that Manager pays or assumes any expense of CAF or a Fund not required to be paid or assumed by Manager under this Agreement, Manager shall not be obligated hereby to pay or assume the same or similar expense in the future; provided, however, that nothing contained herein shall be deemed to relieve Manager of any obligation to CAF or a Fund under any separate agreement or arrangement between the parties.
Expenses Borne by Manager. To the extent necessary to perform its obligations under this Agreement, LASC and/or LAMCO, at their own expense, shall furnish executive and other personnel and office space, equipment and facilities, and shall pay any other expenses incurred by them, in connection with the performance of their duties hereunder, except that the Trust or the Fund, as appropriate, shall reimburse LASC and/or LAMCO (as appropriate) for its out-of-pocket costs, including telephone, postage and supplies, incurred by it in connection with communications with shareholders and beneficial owners of the Fund. LASC and/or LAMCO shall pay all salaries, fees and expenses of Trustees or officers of the Trust who are their employees. LASC and LAMCO shall not be obligated to bear any other expenses incidental to the operations and business of the Trust. LASC and LAMCO shall not be required to pay or provide any credit for services provided by the Trust's custodian, transfer agent or other agents.
Expenses Borne by Manager. To the extent necessary to perform its obligations under this Agreement, LASC and/or the Sub-Advisor, at their own expense, shall furnish executive and other personnel and office space, equipment and facilities, and shall pay any other expenses incurred by them, in connection with the performance of their duties hereunder, except that the Trust or the Fund, as appropriate, shall reimburse LASC and/or the Sub-Advisor (as appropriate) for its out-of-pocket costs, including telephone, postage and supplies, incurred by it in connection with communications with shareholders and beneficial owners of the Fund. LASC and/or the Sub-Advisor shall pay all salaries, fees and expenses of Trustees or officers of the Trust who are their employees. LASC and the Sub-Advisor shall not be obligated to bear any other expenses incidental to the operations and business of the Trust. LASC and the Sub-Advisor shall not be required to pay or provide any credit for services provided by the Trust's custodian, transfer agent or other agents.
