Common use of Fund Expenses Clause in Contracts

Fund Expenses. It is understood and agreed that the Fund shall share a fair portion of the total investment and administrative costs and expenses of the Foundation. Those costs and expenses charged against the Fund shall be determined in accordance with the then current Fee Policy identified by the Foundation as applicable to funds of this type; as such schedule may be amended by the Foundation from time to time. Any costs or expenses incurred by the Foundation in accepting, transferring, or managing property donated to the Foundation for the Fund, including without limitation the Foundation’s costs and expenses (including reasonable attorneys fees) of any claim or proceeding with respect to the Fund in which the Foundation is the prevailing party, also shall also be paid for by the Fund.

Appears in 10 contracts

Samples: Donor Advised Endowed Fund Agreement, Non Endowed Agency Fund Agreement, Designated Endowment Fund Agreement

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Fund Expenses. It is understood and agreed that the Fund shall share a fair portion of the total investment and administrative costs and expenses of the Foundation. Those costs and expenses charged against the Fund shall be determined in accordance with the then current Fee Policy identified by the Foundation as applicable to funds of this type; , as such schedule may be amended by the Foundation from time to time. Any costs or expenses incurred by the Foundation in accepting, transferring, or managing property donated to the Foundation for the Fund, including without limitation the Foundation’s 's costs and expenses (including reasonable attorneys attorney fees) of any claim or proceeding with respect to the Fund in which the Foundation is the prevailing party, also shall also be paid for by the Fund.

Appears in 1 contract

Samples: Designated Endowment Fund Agreement

Fund Expenses. It is understood and agreed that the Fund shall share a fair portion of the total investment and administrative costs and expenses of the Foundation. Those costs and expenses charged against the Fund shall be determined in accordance with the then current Fee Policy identified by the Foundation as applicable to funds of this type; as such schedule may be amended by the Foundation from time to time. Any costs or expenses incurred by the Foundation in accepting, transferring, or managing property donated to the Foundation for the Fund, including without limitation the Foundation’s costs and expenses (including reasonable attorneys fees) of any claim or proceeding with respect to the Fund in which the Foundation is the prevailing party, also shall also be paid for by the Fund.

Appears in 1 contract

Samples: Field of Interest Endowment Fund Agreement

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Fund Expenses. It is understood and agreed that the Fund shall share a fair portion of the total investment and administrative costs and expenses of to the Foundation. Those costs and expenses charged against the Fund shall be determined in accordance with the then current Fee Policy identified by the Foundation as applicable to the funds of this type; as such schedule may be amended by the Foundation from time to time. Any costs or expenses incurred by the Foundation in accepting, transferring, or managing property donated to the Foundation for the Fund, including without limitation the Foundation’s costs and expenses (including reasonable attorneys fees) of any claim or proceeding processing with respect to the Fund in which the Foundation is the prevailing party, also shall also be paid for by the Fund.

Appears in 1 contract

Samples: Lebanon Area Foundation Scholarship Fund Agreement

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