IXX Clause Samples
IXX. The following credit structure shall apply against the fees that would otherwise be owing to JPMorgan by a given Fund. If during the then immediately preceding four calendar quarters (e.g. during the four calendar quarters of 2006 as viewed at the end of the first quarter of 2007) a given Fund had paid to JPMorgan custody fees in excess of $15 million in the aggregate (e.