Common use of Fees from Customers Clause in Contracts

Fees from Customers. It is agreed that you may impose certain conditions on Customers, in addition to or different from those imposed by the Trust, such as requiring a minimum initial investment or charging Customers direct fees for the same or similar services as are provided hereunder by you (which fees may either relate specifically to your services with respect to the Trust or generally cover services not limited to those with respect to the Trust). You shall xxxx Customers directly for such fees. In the event you charge Customers such fees, you shall make appropriate prior written disclosure (such disclosure to be in accordance with all applicable laws) to Customers both of any direct fees charged to the Customer and of the fees received or to be received by you from the Trust pursuant to section 3.1 of this Agreement. It is understood, however, that in no event shall you have recourse or access to the account of any shareholder of the Trust except to the extent expressly authorized by law or by the Trust or by such shareholder for payment of any direct fees referred to in this section 3.2.

Appears in 5 contracts

Samples: Shareholder Servicing Agreement (Merrimac Series), Merrimac Series, Merrimac Series

AutoNDA by SimpleDocs

Fees from Customers. It is agreed that you may impose certain conditions on Customers, in addition to or different from those imposed by the Trust, such as requiring a minimum initial investment or charging Customers direct fees for the same or similar services as are provided hereunder by you (which fees may either relate specifically to your services with respect to the Trust or generally cover services not limited to those with respect to the Trust). You shall xxxx bill Customers directly for such fees. In the event you charge chaxxx Customers such fees, you shall make appropriate prior written disclosure (such disclosure to be in accordance with all applicable laws) to Customers both of any direct fees charged to the Customer and of the fees received or to be received by you from the Trust or ACG Capital Corporation pursuant to section 3.1 3.2 or 3.3 of this Agreement, respectively. It is understood, however, that in no event shall you have recourse or access to the account of any shareholder of the Trust except to the extent expressly authorized by law or by the Trust or by such shareholder for payment of any direct fees referred to in this section 3.23.4.]

Appears in 1 contract

Samples: Pra Securities Trust /

AutoNDA by SimpleDocs

Fees from Customers. It is agreed that you may impose certain conditions on Customers, in addition to or different from those imposed by the Trust, such as requiring a minimum initial investment or charging Customers direct fees for the same or similar services as are provided hereunder by you (which fees may either relate specifically to your services with respect to the Trust or generally cover services not limited to those with respect to the Trust). You shall xxxx bill Customers directly for such fees. In the event you charge Customers charxx Xustomers such fees, you shall make appropriate prior written disclosure (such disclosure to be in accordance with all applicable laws) to Customers both of any direct fees charged to the Customer and of the fees received or to be received by you from the Trust pursuant to section 3.1 of this Agreement. It is understood, however, that in no event shall you have recourse or access to the account of any shareholder of the Trust except to the extent expressly authorized by law or by the Trust or by such shareholder for payment of any direct fees referred to in this section 3.2.

Appears in 1 contract

Samples: Pra Securities Trust /

Time is Money Join Law Insider Premium to draft better contracts faster.