Expenses of Fund. All expenses of the organization, operations, and business of the Corporation or Fund, as appropriate, not specifically assumed or agreed to be paid by the Manager as provided in paragraph 2.A. above, will be paid in accordance with paragraph 2.C. of this Agreement. Such expenses include the following:
Expenses of Fund. In addition to the liability of the Custodian under this Section 13, the Custodian shall be liable to the Fund and each applicable Portfolio for all reasonable out-of-pocket costs and expenses incurred by the Fund in connection with any claim by the Fund against the Custodian arising from the obligations of the Custodian hereunder, including, without limitation, all reasonable attorneys' fees and expenses incurred by the Fund in asserting any such claim, and out-of-pocket expenses incurred by the Fund in connection with any lawsuits or proceedings relating to such claim; provided, that the Fund has recovered from the Custodian for such claim.
Expenses of Fund. During the term of this Agreement, the Fund will bear all expenses, not specifically assumed by Adviser, incurred in its operation and the offering of its shares, including but not limited to:
Expenses of Fund. The Trustee, upon the written direction of the Clinic, shall disburse money from the Fund solely for the purposes of meeting the financial responsibility requirements of ch. 655, Wis. Stat., as described in the Plan, and paying the administrative expenses of operating the Plan and the Fund. These expenses may include, but shall not be limited to, the following: expenses of establishing and maintaining the Fund, expenses for administering the claims management of the Plan, expenses involved with maintenance of the Fund by the Trustee, litigation and other legal expenses, actuarial expenses, excess insurance coverage, risk management, and any other expenses related to the Plan. If the losses or expenses of the Fund exceed the assets of the Fund, other than any letters of credit held by the Trustee, and if the Clinic does not, within thirty (30) days of the date of receiving notice of the insufficiency from the Trustee, make sufficient contributions to the Fund to cover the losses or ex- penses, the Trustee shall, in order to cover the losses or expenses, and after notifying the Clinic and obtaining the approval of the Commissioner of Insurance, draw upon any letters of credit held by the Trustee.
Expenses of Fund. All taxes upon the Fund will be paid by the Funding Agent out of the Fund. All expenses of administering the Fund will be paid by the Funding Agent out of the Fund, to the extent they are not paid by the Employer.
