Common use of Fees from Customers Clause in Contracts

Fees from Customers. It is agreed that the Agent 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 the Agent as Agent (which fees may either relate specifically to the Agent's services with respect to the Trust or generally cover services not limited to those with respect to the Trust). The Agent shall xxxx Customers directly for such fees. In the event the Agent charges Customers such fees, it 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 it from the Trust pursuant to Section 3(a) of this Agreement. It is understood, however, that in no event shall the Agent have recourse or access to the account of any shareholder of the Trust except to the extent expressly authorized: (i) by law; (ii) by the Trust; or (iii) by such shareholder for payment of any direct fees referred to in this Section 3(b).

Fees from Customers. It is agreed that the Agent 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 the Agent as Agent (which fees may either relate specifically to the Agent's services with respect to the Trust or generally cover services not limited to those with respect to the Trust). The Agent shall xxxx Customers bill Xxxtomers directly for such fees. In the event the Agent charges Customers such fees, it 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 it from the Trust pursuant to Section 3(a) of this Agreement. It is understood, however, that in no event shall the Agent have recourse or access to the account of any shareholder of the Trust except to the extent expressly authorized: (i) by law; (ii) by the Trust; or (iii) by such shareholder for payment of any direct fees referred to in this Section 3(b).