Limit on Operating Expenses. The Advisor hereby agrees to limit the Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average daily net assets for the month, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 165 contracts

Sources: Operating Expenses Limitation Agreement (Northern Lights Fund Trust Iii), Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust), Operating Expenses Limitation Agreement (Northern Lights Fund Trust Iii)

Limit on Operating Expenses. The Advisor hereby agrees to limit the Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 75 contracts

Sources: Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust Ii), Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust Ii), Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust Ii)

Limit on Operating Expenses. The Advisor hereby agrees to limit the Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to ~~the~~ that Fund, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”)~~being notified that an excess expense payment is due.

Appears in 73 contracts

Sources: Operating Expenses Limitation Agreement (Collaborative Investment Series Trust), Operating Expenses Limitation Agreement (Collaborative Investment Series Trust), Operating Expenses Limitation Agreement (Collaborative Investment Series Trust)

Limit on Operating Expenses. The ~~Advisor~~ Adviser hereby agrees to limit the Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s respective average ~~daily~~ annual net assets ~~for the month,~~ to the amounts listed in Appendix A (the “Annual ~~Limit~~Limits”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed ~~its~~ the Annual ~~Limit~~Limits, the ~~Advisor~~ Adviser will pay to the Fund, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”)~~being notified that an excess expense payment is due.

Appears in 45 contracts

Sources: Operating Expenses Limitation Agreement (TCG Financial Series Trust V), Operating Expenses Limitation Agreement (TCG Financial Series Trust IX), Operating Expenses Limitation Agreement (TCG Financial Series Trust III)

Limit on Operating Expenses. The Advisor hereby agrees to limit the ~~Fund’s~~ Funds’ current Operating Expenses to an annual rate, expressed as a percentage of the ~~Fund’s~~ Funds’ average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the ~~Fund~~Funds, as accrued each month, exceed its Annual Limit, the Advisor will pay to ~~the~~ that Fund, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”)~~being notified that an excess expense payment is due.

Appears in 28 contracts

Sources: Operating Expenses Limitation Agreement (Northern Lights Fund Trust Ii), Operating Expenses Limitation Agreement (Northern Lights Fund Trust Ii), Operating Expenses Limitation Agreement (Forethought Variable Insurance Trust)

Limit on Operating Expenses. The Advisor hereby agrees to limit the ~~Fund’s~~ Funds’ current Operating Expenses to an annual rate, expressed as a percentage of the ~~Fund’s~~ Funds’ average daily net assets for the month, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the ~~Fund~~Funds, as accrued each month, exceed its Annual Limit, the Advisor will pay to the ~~Fund~~Funds, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 21 contracts

Sources: Operating Expenses Limitation Agreement (Northern Lights Fund Trust Iii), Operating Expenses Limitation Agreement (Grandeur Peak Global Trust), Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust IV)

Limit on Operating Expenses. The ~~Advisor hereby~~ Adviser hereby, jointly and severally, agrees to limit the Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average daily net assets for the month, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the ~~Advisor~~ Adviser will pay to the Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 17 contracts

Sources: Operating Expenses Limitation and Security Agreement (Two Roads Shared Trust), Operating Expenses Limitation and Security Agreement (Two Roads Shared Trust), Operating Expenses Limitation and Security Agreement (Two Roads Shared Trust)

Limit on Operating Expenses. The Advisor hereby agrees to limit ~~the~~ each Fund’s current Operating Expenses to an annual rate, expressed as a percentage of ~~the~~ each Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the ~~Fund~~Funds, as accrued each month, exceed its Annual Limit, the Advisor will pay to ~~the~~ that Fund, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”)~~being notified that an excess expense payment is due.

Appears in 17 contracts

Sources: Operating Expenses Limitation Agreement (Leader Funds Trust), Operating Expenses Limitation Agreement (Leader Funds Trust), Operating Expenses Limitation Agreement (Northern Lights Variable Trust)

Limit on Operating Expenses. The Advisor ~~hereby~~ xxxxxx agrees to limit the Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average daily net assets for the month, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 14 contracts

Sources: Operating Expenses Limitation Agreement (Northern Lights Fund Trust Iii), Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust IV), Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust)

Limit on Operating Expenses. The Advisor hereby agrees to limit ~~the~~ each Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average daily net assets for the month, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of ~~the~~ a Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 12 contracts

Sources: Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust IV), Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust), Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust)

Limit on Operating Expenses. The Advisor hereby agrees to limit the Fund’s 's current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s 's average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “"Annual Limit”"). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “"Fund Reimbursement Payment”").

Appears in 11 contracts

Sources: Operating Expenses Limitation and Security Agreement (Northern Lights Variable Trust), Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust), Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust)

Limit on Operating Expenses. The Advisor hereby agrees to limit ~~the~~ each Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of ~~the~~ a Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 11 contracts

Sources: Operating Expenses Limitation and Security Agreement (Americafirst Quantitative Funds), Operating Expenses Limitation and Security Agreement (Mutual Fund Series Trust), Operating Expenses Limitation and Security Agreement (Americafirst Quantitative Funds)

Limit on Operating Expenses. The Advisor hereby agrees to limit the Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”)~~being notified that an excess expense payment is due.

Appears in 11 contracts

Sources: Operating Expenses Limitation Agreement (Northern Lights Fund Trust), Operating Expenses Limitation Agreement (Northern Lights Fund Trust), Operating Expenses Limitation Agreement (Northern Lights Fund Trust)

Limit on Operating Expenses. The Advisor hereby agrees to limit the Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the ~~Fund’s~~ Funds’ average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the ~~Fund~~Funds, as accrued each month, exceed its Annual Limit, the Advisor will pay to ~~the~~ that Fund, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”)~~being notified that an excess expense payment is due.

Appears in 9 contracts

Limit on Operating Expenses. The Advisor hereby agrees to limit ~~the~~ each Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the ~~Fund’s~~ Funds’ average daily net assets for the month, to the amounts listed in Appendix A (the “"Annual Limit”"). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “"Fund Reimbursement Payment”").

Appears in 8 contracts

Limit on Operating Expenses. The Advisor hereby agrees to limit ~~the Fund’s~~ each Funds’ current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average daily net assets for the month, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of ~~the~~ a Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 7 contracts

Sources: Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust IV), Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust IV), Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust IV)

Limit on Operating Expenses. The Advisor hereby agrees to limit the Fund’s ’ current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s ’ average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to ~~the~~ that Fund, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”)~~being notified that an excess expense payment is due.

Appears in 7 contracts

Limit on Operating Expenses. The Advisor hereby agrees to limit ~~the~~ each Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average daily net assets for the month, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of ~~the~~ each Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 7 contracts

Sources: Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust IV), Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust IV), Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust IV)

Limit on Operating Expenses. The Advisor hereby ~~agrees~~ agree to limit the Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to ~~the~~ that Fund, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”)~~being notified that an excess expense payment is due.

Appears in 7 contracts

Limit on Operating Expenses. The Advisor hereby agrees to limit the Fund’s 's current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s 's average daily net assets for the month, to the amounts listed in Appendix A (the “"Annual Limit”"). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “"Fund Reimbursement Payment”").

Appears in 6 contracts

Sources: Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust), Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust), Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust)

Limit on Operating Expenses. The Advisor hereby agrees to limit ~~the~~ each Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual ~~Limit~~Limits”)) with respect to each Fund and each Class. In the event that the current Operating ~~Expenses of the Fund~~Expenses, as accrued each month, exceed its Annual Limit, the Advisor will pay to the ~~Fund~~Fund Class, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”)~~being notified that an excess expense payment is due.

Appears in 6 contracts

Sources: Operating Expenses Limitation Agreement (Advisors Series Trust), Operating Expenses Limitation Agreement (Advisors Series Trust), Operating Expenses Limitation Agreement (Advisors Series Trust)

Limit on Operating Expenses. The Advisor hereby agrees to limit the Fund’s 's current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s 's average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “"Annual ~~Limit”~~Limits"). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”)~~being notified that an excess expense payment is due.

Appears in 6 contracts

Sources: Operating Expenses Limitation Agreement (Professionally Managed Portfolios), Operating Expenses Limitation Agreement (Advisors Series Trust), Operating Expenses Limitation Agreement (Advisors Series Trust)

Limit on Operating Expenses. The Advisor hereby agrees to limit the Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average daily net assets for the month, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the ~~Fund~~Funds, as accrued each month, exceed its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 6 contracts

Sources: Operating Expenses Limitation and Security Agreement (Northern Lights Variable Trust), Operating Expenses Limitation and Security Agreement (Northern Lights Variable Trust), Operating Expenses Limitation and Security Agreement (Northern Lights Variable Trust)

Limit on Operating Expenses. The ~~Advisor~~ Adviser hereby agrees to limit ~~the~~ each Fund’s ~~current~~ Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual ~~Limit~~Limits”)) by with respect to each Fund. In the event that the current Operating ~~Expenses of the Fund~~Expenses, as accrued each month, exceed its Annual Limit, the ~~Advisor~~ Adviser will pay to the Fund, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”)~~being notified that an excess expense payment is due.

Appears in 6 contracts

Limit on Operating Expenses. The Advisor hereby agrees to limit the Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual ~~Limit~~Limits”)) with respect to the Fund and each Class. In the event that the current Operating ~~Expenses of the Fund~~Expenses, as accrued each month, exceed its Annual Limit, the Advisor will pay to the ~~Fund~~Fund Class, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”)~~being notified that an excess expense payment is due.

Appears in 6 contracts

Sources: Operating Expenses Limitation Agreement (Advisors Series Trust), Operating Expenses Limitation Agreement (Investment Managers Series Trust), Operating Expenses Limitation Agreement (Advisors Series Trust)

Limit on Operating Expenses. The Advisor hereby agrees to limit the Fund’s ~~current~~ Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual ~~Limit~~Limits”)) with respect to the Fund. In the event that the current Operating ~~Expenses of the Fund~~Expenses, as accrued each month, exceed its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”)~~being notified that an excess expense payment is due.

Appears in 5 contracts

Sources: Operating Expenses Limitation Agreement (Exchange Place Advisors Trust), Operating Expenses Limitation Agreement (Advisors Series Trust), Operating Expenses Limitation Agreement (Advisors Series Trust)

Limit on Operating Expenses. The ~~Advisor~~ Adviser hereby agrees to limit ~~the~~ each Fund’s ~~current~~ Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual ~~Limit~~Limits”)) with respect to each Fund and each Class. In the event that the current Operating ~~Expenses of the Fund~~Expenses, as accrued each month, exceed its Annual Limit, the ~~Advisor~~ Adviser will pay to the ~~Fund~~Fund Class, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”)~~being notified that an excess expense payment is due.

Appears in 5 contracts

Sources: Operating Expenses Limitation Agreement (Total Fund Solution), Operating Expenses Limitation Agreement (Total Fund Solution), Operating Expenses Limitation Agreement (Total Fund Solution)

Limit on Operating Expenses. The ~~Advisor~~ Adviser hereby agrees to limit the Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average daily net assets for the month, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the ~~Advisor~~ Adviser will pay to the Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 5 contracts

Sources: Expense Limitation Agreement (Sprott Funds Trust), Operating Expenses Limitation Agreement (Zacks Trust), Operating Expenses Limitation Agreement (Zacks Trust)

Limit on Operating Expenses. The ~~Advisor~~ Adviser hereby agrees to limit ~~the~~ each Fund’s current Operating Expenses to an annual rate, expressed as a percentage of ~~the~~ such Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of ~~the~~ a Fund, as accrued each month, exceed its Annual Limit, the ~~Advisor~~ Adviser will pay to ~~the~~ such Fund, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”)~~being notified that an excess expense payment is due.

Appears in 5 contracts

Sources: Operating Expenses Limitation Agreement (Copeland Trust), Operating Expenses Limitation Agreement (Copeland Trust), Operating Expenses Limitation Agreement (Copeland Trust)

Limit on Operating Expenses. The Advisor hereby agrees to limit ~~the~~ each Fund’s 's current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s 's average daily net assets for the month, to the amounts listed in Appendix A (the “"Annual Limit”"). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “"Fund Reimbursement Payment”").

Appears in 5 contracts

Sources: Operating Expenses Limitation Agreement (DSS Americafirst Funds), Operating Expenses Limitation and Security Agreement (Americafirst Quantitative Funds), Operating Expenses Limitation and Security Agreement (Americafirst Quantitative Funds)

Limit on Operating Expenses. The Advisor hereby agrees to limit ~~the~~ each Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the ~~Fund~~Funds, as accrued each month, exceed its Annual Limit, the Advisor will pay to ~~the~~ that Fund, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”)~~being notified that an excess expense payment is due.

Appears in 5 contracts

Limit on Operating Expenses. The Advisor hereby agrees to limit ~~the~~ each Fund’s ~~current~~ Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual ~~Limit~~Limits”)) with respect to each Fund. In the event that the current Operating ~~Expenses of the Fund~~Expenses, as accrued each month, exceed its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”)~~being notified that an excess expense payment is due.

Appears in 5 contracts

Limit on Operating Expenses. The Advisor hereby agrees to limit the ~~Fund’s~~ Funds’ current Operating Expenses to an annual rate, expressed as a percentage of the ~~Fund’s~~ Funds’ average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “"Annual Limit”"). In the event that the current Operating Expenses of the ~~Fund~~Funds, as accrued each month, exceed its Annual Limit, the Advisor will pay to the ~~Fund~~Funds, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “"Fund Reimbursement Payment”").

Appears in 4 contracts

Limit on Operating Expenses. The Advisor hereby agrees to limit ~~the~~ each Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average daily net assets for the month, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 4 contracts

Sources: Operating Expenses Limitation and Security Agreement (Americafirst Quantitative Funds), Operating Expenses Limitation and Security Agreement (Americafirst Quantitative Funds), Operating Expenses Limitation and Security Agreement (Americafirst Quantitative Funds)

Limit on Operating Expenses. The ~~Advisor~~ Adviser hereby agrees to limit ~~the~~ each Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average daily net assets for the month, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of ~~the~~ each Fund, as accrued each month, exceed its Annual Limit, the ~~Advisor~~ Adviser will pay to the Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 4 contracts

Sources: Expense Limitation Agreement (Sprott Funds Trust), Expense Limitation Agreement (Sprott Funds Trust), Expense Limitation Agreement (Sprott Funds Trust)

Limit on Operating Expenses. The Advisor hereby agrees to limit ~~the~~ each Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average daily net assets for the month, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the ~~Fund~~Funds, as accrued each month, exceed its Annual Limit, the Advisor will pay to the ~~Fund~~Funds, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 4 contracts

Sources: Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust Iii), Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust Iii), Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust Iii)

Limit on Operating Expenses. The Advisor hereby agrees to limit ~~the~~ each Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of ~~the~~ a Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”)~~being notified that an excess expense payment is due.

Appears in 3 contracts

Sources: Operating Expenses Limitation Agreement (Arrow Investments Trust), Operating Expenses Limitation Agreement (Arrow Investments Trust), Operating Expenses Limitation Agreement (Arrow Investments Trust)

Limit on Operating Expenses. The ~~Advisor~~ Co-Advisors hereby ~~agrees~~ agree to limit the Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average daily net assets for the month, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the ~~Advisor~~ Co-Advisors will pay to the Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 3 contracts

Limit on Operating Expenses. The Advisor hereby agrees to limit ~~the~~ each Fund’s current Operating Expenses to an annual rate, expressed as a percentage of ~~the~~ each Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of ~~the~~ each Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to ~~the~~ that Fund, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”)~~being notified that an excess expense payment is due.

Appears in 3 contracts

Limit on Operating Expenses. The ~~Advisor~~ Adviser hereby agrees to limit ~~the~~ each Fund’s current Operating Expenses to an annual rate, expressed as a percentage of ~~the~~ each Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of ~~the~~ a Fund, as accrued each month, exceed its Annual Limit, the ~~Advisor~~ Adviser will pay to the Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 3 contracts

Sources: Operating Expenses Limitation Agreement (Kurv ETF Trust), Operating Expenses Limitation Agreement (Kurv ETF Trust), Operating Expenses Limitation Agreement (Kurv ETF Trust)

Limit on Operating Expenses. The Advisor hereby agrees to limit ~~the~~ each Fund’s current Operating Expenses to an annual rate, expressed as a percentage of ~~the~~ a Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of ~~the~~ a Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to ~~the~~ that Fund, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”)~~being notified that an excess expense payment is due.

Appears in 3 contracts

Limit on Operating Expenses. The Advisor ~~hereby~~ xxxxxx agrees to limit and reimburse expenses to the Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average ~~daily~~ annual net assets ~~for the month,~~ to the amounts listed in Appendix A (the “Annual ~~Limit~~Limits”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual ~~Limit,~~ Limit the Advisor will pay to the Fund, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”)~~being notified that an excess expense payment is due.

Appears in 3 contracts

Sources: Operating Expense Limitation Agreement (Hotchkis & Wiley Funds /De/), Operating Expense Limitation Agreement (Hotchkis & Wiley Funds /De/), Operating Expense Limitation Agreement (Hotchkis & Wiley Funds /De/)

Limit on Operating Expenses. The Advisor hereby agrees to limit ~~the~~ each Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average daily net assets for the month, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of ~~the~~ any Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 3 contracts

Sources: Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust), Operating Expenses Limitation and Security Agreement (Nile Capital Investment Trust), Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust)

Limit on Operating Expenses. The Advisor hereby agrees to limit the Fund’s 's current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s 's average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “"Annual Limit”)") for the time periods indicated. In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to ~~the~~ that Fund, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”)~~being notified that an excess expense payment is due.

Appears in 3 contracts

Sources: Operating Expenses Limitation Agreement (Vertical Capital Income Fund), Operating Expenses Limitation Agreement (Vertical Capital Income Fund), Operating Expenses Limitation Agreement (Vertical Capital Income Fund)

Limit on Operating Expenses. The Advisor hereby agrees to limit the Fund’s 's current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average daily net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “"Annual Limit”)") for the time periods indicated. In the event that the current Operating Expenses of the Fund, as accrued each month, exceed ~~its~~ the Annual Limit, the Advisor ~~will~~ will, as needed, waive its fees and pay to the Fund, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”)~~being notified that an excess expense payment is due.

Appears in 2 contracts

Sources: Operating Expenses Limitation Agreement (MSS Series Trust), Operating Expenses Limitation Agreement (MSS Series Trust)

Limit on Operating Expenses. The Advisor hereby agrees to limit ~~the~~ each Fund’s current Operating Expenses to an annual rate, expressed as a percentage of ~~the~~ each Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to the respective Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 2 contracts

Sources: Operating Expenses Limitation and Security Agreement (Advisorone Funds), Operating Expenses Limitation and Security Agreement (Advisorone Funds)

Limit on Operating Expenses. The Advisor hereby agrees to limit the Fund’s current Operating Expenses to an annual rate, expressed as a percentage of ~~the~~ each Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”)~~being notified that an excess expense payment is due.

Appears in 2 contracts

Sources: Operating Expenses Limitation Agreement (Northern Lights Fund Trust), Operating Expenses Limitation Agreement (Northern Lights Fund Trust)

Limit on Operating Expenses. The ~~Advisor~~ Adviser hereby agrees to limit ~~the~~ each Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average daily net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of ~~the~~ a Fund, as accrued each month, exceed its Annual Limit, the ~~Advisor~~ Adviser will pay to the Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 2 contracts

Sources: Operating Expenses Limitation Agreement (Zacks Trust), Operating Expenses Limitation Agreement (Zacks Trust)

Limit on Operating Expenses. The ~~Advisor~~ Adviser hereby agrees to limit the Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average daily net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the ~~Advisor~~ Adviser will pay to the Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 2 contracts

Sources: Operating Expenses Limitation Agreement (Zacks Trust), Operating Expenses Limitation Agreement (Zacks Trust)

Limit on Operating Expenses. The ~~Advisor~~ Adviser and Sub-Adviser hereby ~~agrees~~ agree to limit the Fund’s 's current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s 's average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “"Annual Limit”"). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the ~~Advisor~~ Adviser and Sub-Adviser will pay to ~~the~~ that Fund, on ~~a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).~~a

Appears in 2 contracts

Sources: Operating Expenses Limitation Agreement (Advisors Preferred Trust), Operating Expenses Limitation Agreement (Advisors Preferred Trust)

Limit on Operating Expenses. The Advisor hereby agrees to limit ~~the~~ each Fund’s current Operating Expenses to an annual rate, expressed as a percentage of ~~the~~ each Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to ~~the~~ each Fund, on a monthly basis, the excess expense within the first ten days ~~of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).~~of

Appears in 2 contracts

Sources: Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust Ii), Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust Ii)

Limit on Operating Expenses. The Advisor hereby agrees to limit the ~~Fund’s~~ Funds’ current Operating Expenses to an annual rate, expressed as a percentage of the ~~Fund’s~~ Funds’ average daily net assets for the month, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of ~~the~~ a Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to the respective Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 2 contracts

Sources: Operating Expenses Limitation and Security Agreement (Northern Lights Variable Trust), Operating Expenses Limitation and Security Agreement (Northern Lights Variable Trust)

Limit on Operating Expenses. The Advisor hereby agrees to limit the Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “"Annual ~~Limit”~~Limits"). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”)~~being notified that an excess expense payment is due.

Appears in 2 contracts

Sources: Operating Expenses Limitation Agreement (Advisors Series Trust), Operating Expenses Limitation Agreement (Advisors Series Trust)

Limit on Operating Expenses. The Advisor hereby agrees to limit the Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to ~~the~~ that Fund, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred~~ being notified that an excess expense payment is due (each payment, a “Fund Reimbursement Payment”).

Appears in 2 contracts

Sources: Operating Expenses Limitation Agreement (Northern Lights Variable Trust), Operating Expenses Limitation Agreement (Northern Lights Variable Trust)

Limit on Operating Expenses. The Advisor hereby agrees to limit the ~~Fund’s~~ Funds’ current Operating Expenses to an annual rate, expressed as a percentage of the ~~Fund’s~~ Funds’ average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the ~~Fund~~Funds, as accrued each month, exceed its applicable Annual Limit, the Advisor will pay to ~~the~~ that Fund, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”)~~being notified that an excess expense payment is due.

Appears in 2 contracts

Sources: Operating Expenses Limitation Agreement (Forethought Variable Insurance Trust), Operating Expenses Limitation Agreement (Forethought Variable Insurance Trust)

Limit on Operating Expenses. The ~~Advisor~~ Adviser hereby agrees to limit the Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed ~~its~~ the Annual Limit, the ~~Advisor~~ Adviser will pay to the Fund, on a monthly basis, the excess expense within the first ten business days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 2 contracts

Sources: Operating Expenses Limitation and Security Agreement (Mutual Fund Series Trust), Operating Expenses Limitation and Security Agreement (Mutual Fund Series Trust)

Limit on Operating Expenses. The ~~Advisor~~ Adviser hereby agrees to limit ~~the~~ each Fund’s current Operating Expenses to an annual rate, expressed as a percentage of ~~the~~ each Fund’s respective average daily net assets ~~for the month,~~ to the amounts listed in Appendix A (the “Annual ~~Limit~~Limits”). In the event that the current Operating Expenses of ~~the~~ each Fund, as accrued each month, exceed its Annual Limit, the ~~Advisor~~ Adviser will pay to ~~the~~ that Fund, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”)~~being notified that an excess expense payment is due.

Appears in 2 contracts

Sources: Operating Expenses Limitation Agreement (Direxion Funds), Operating Expenses Limitation Agreement (Direxion Funds)

Limit on Operating Expenses. The Advisor hereby agrees to limit ~~the~~ each Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average daily net assets for the month, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of ~~the~~ a Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within the first ten days ~~of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).~~of

Appears in 2 contracts

Sources: Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust), Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust)

Limit on Operating Expenses. The Advisor hereby agrees to limit ~~the~~ each Fund’s 's current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average daily net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “"Annual Limit”)") for the time periods indicated. In the event that the current Operating Expenses of ~~the~~ a Fund, as accrued each month, exceed ~~its~~ the Annual Limit, the Advisor ~~will~~ will, as needed, waive its fees and pay to ~~the~~ each Fund, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”)~~being notified that an excess expense payment is due.

Appears in 2 contracts

Sources: Operating Expenses Limitation Agreement (MSS Series Trust), Operating Expenses Limitation Agreement (MSS Series Trust)

Limit on Operating Expenses. The Advisor ~~hereby~~ xxxxxx agrees to limit the Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average daily net assets for the month, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the Fund, as accrued each month, ~~exceed~~ exceeds its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 2 contracts

Sources: Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust IV), Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust IV)

Limit on Operating Expenses. The Advisor hereby agrees to limit the Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the ~~Fund~~Funds, as accrued each month, exceed its Annual Limit, the Advisor will pay to ~~the~~ that Fund, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”)~~being notified that an excess expense payment is due.

Appears in 2 contracts

Sources: Operating Expenses Limitation Agreement (Northern Lights Fund Trust), Operating Expenses Limitation Agreement (Northern Lights Fund Trust)

Limit on Operating Expenses. The Advisor hereby agrees to limit ~~the~~ each Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of ~~the~~ a Fund, as accrued each month, ~~exceed~~ exceeds its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 2 contracts

Sources: Operating Expenses Limitation and Security Agreement (Mutual Fund Series Trust), Operating Expenses Limitation and Security Agreement (Mutual Fund Series Trust)

Limit on Operating Expenses. The Advisor hereby agrees to limit ~~the~~ each Fund’s 's current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s 's average daily net assets for the month, to the amounts listed in Appendix A (the “"Annual Limit”"). In the event that the current Operating Expenses of ~~the~~ a Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “"Fund Reimbursement Payment”").

Appears in 1 contract

Sources: Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust IV)

Limit on Operating Expenses. The Advisor hereby agrees to limit ~~the Fund’s~~ each Funds’ current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average daily net assets for the month, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the ~~Fund~~Funds, as accrued each month, exceed its Annual Limit, the Advisor will pay to the ~~Fund~~Funds, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 1 contract

Sources: Operating Expenses Limitation and Security Agreement (Two Roads Shared Trust)

Limit on Operating Expenses. The Advisor hereby agrees to limit the Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the ~~amounts~~ amount listed in Appendix A (the “Annual Limit”)) attached hereto. In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within the first ~~ten~~ 10 days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 1 contract

Sources: Operating Expenses Limitation and Security Agreement (Dominion Funds Inc)

Limit on Operating Expenses. The Advisor hereby agrees to limit the ~~Fund’s~~ Funds’ current Operating Expenses to an annual rate, expressed as a percentage of the ~~Fund’s~~ Funds’ average daily net assets for the month, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the ~~Fund~~Funds, as accrued each month, exceed its Annual Limit, the Advisor will pay to the ~~Fund~~Funds, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “~~Fund~~ Funds Reimbursement Payment”).

Appears in 1 contract

Sources: Operating Expenses Limitation Agreement (Northern Lights Fund Trust Iii)

Limit on Operating Expenses. The Advisor hereby agrees to limit ~~the~~ each Fund’s current Operating Expenses to an the annual ~~rate~~rates, expressed as a percentage of ~~the~~ such Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, ~~to the amounts listed in~~ set forth on Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of ~~the~~ such Fund, as accrued each month, exceed ~~its~~ the Annual Limit, the Advisor will pay to ~~the~~ such Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 1 contract

Sources: Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust Ii)

Limit on Operating Expenses. The Advisor hereby agrees to limit ~~the~~ each Fund’s current Operating Expenses to an annual rate, expressed as a percentage of ~~the~~ each Fund’s average daily net assets for the month, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the ~~Fund~~Funds, as accrued each month, exceed its Annual Limit, the Advisor will pay to the ~~Fund~~Funds, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “~~Fund~~ Funds Reimbursement Payment”).

Appears in 1 contract

Sources: Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust)

Limit on Operating Expenses. The Advisor hereby agrees to limit the ~~Fund’s~~ Funds’ current Operating Expenses to an annual rate, expressed as a percentage of the ~~Fund’s~~ Funds’ average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual ~~Limit~~Limits”)) with respect to each Fund and each Class. In the event that the current Operating ~~Expenses of the Fund~~Expenses, as accrued each month, exceed its Annual Limit, the Advisor will pay to the ~~Fund~~Fund Class, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”)~~being notified that an excess expense payment is due.

Appears in 1 contract

Sources: Operating Expenses Limitation Agreement (Advisors Series Trust)

Limit on Operating Expenses. The ~~Advisor~~ Adviser hereby agrees to limit the Fund’s current Operating Expenses to an annual ~~rate, expressed as a percentage~~ rate of 1.00% of the Fund’s average ~~daily~~ annual net assets ~~for the month, to the amounts listed in Appendix A~~ (the “Annual Limit”)) until February 28, 2010. In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the ~~Advisor~~ Adviser will pay to the Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 1 contract

Sources: Operating Expense Limitation and Security Agreement (SGM Funds)

Limit on Operating Expenses. The Advisor hereby agrees to limit the ~~Fund’s~~ Funds’ current Operating Expenses to an annual rate, expressed as a percentage of ~~the~~ each Fund’s average daily net assets for the month, to the amounts listed in Appendix A (the “Annual Limit”)) for the specified period. In the event that the current Operating Expenses of the ~~Fund~~Funds, as accrued each month, exceed its Annual Limit, the Advisor will pay to the ~~Fund~~Funds, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 1 contract

Sources: Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust Iii)

Limit on Operating Expenses. The ~~Advisor~~ Adviser hereby agrees to limit the Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the ~~Advisor~~ Adviser will pay to the Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 1 contract

Sources: Operating Expenses Limitation Agreement (Northern Lights Fund Trust)

Limit on Operating Expenses. The Advisor hereby ~~agrees~~ agree to limit the Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average daily net assets for the month, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, an equal portion of the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 1 contract

Sources: Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust)

Limit on Operating Expenses. The Advisor hereby agrees to limit ~~the~~ each Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average daily net assets for the month, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of ~~the~~ any Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).,

Appears in 1 contract

Sources: Operating Expenses Limitation and Security Agreement (Nile Capital Investment Trust)

Limit on Operating Expenses. The Advisor hereby agrees to limit the ~~Fund’s~~ Funds’ current Operating Expenses to an annual rate, expressed as a percentage of ~~the~~ each Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 1 contract

Sources: Operating Expenses Limitation and Security Agreement (Mutual Fund Series Trust)

Limit on Operating Expenses. The Advisor hereby agrees to limit the Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “"Annual ~~Limit”~~Limits"). In the event that the current Operating ~~Expenses of the Fund~~Expenses, as accrued each month, exceed its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”)~~being notified that an excess expense payment is due.

Appears in 1 contract

Sources: Operating Expenses Limitation Agreement (Advisors Series Trust)

Limit on Operating Expenses. The Advisor hereby agrees to limit the Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average daily net assets for the month, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the Fund, as accrued each month, ~~exceed~~ exceeds its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 1 contract

Sources: Operating Expenses Limitation and Security Agreement (Two Roads Shared Trust)

Limit on Operating Expenses. The Advisor hereby agrees to limit the Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average daily net assets for the month, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of ~~the~~ a Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 1 contract

Sources: Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust)

Limit on Operating Expenses. The Advisor hereby agrees to limit the Fund’s current Operating Expenses to an annual rate, expressed as a percentage of ~~the~~ a Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of ~~the~~ a Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to ~~the~~ that Fund, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”)~~being notified that an excess expense payment is due.

Appears in 1 contract

Sources: Operating Expenses Limitation Agreement (Northern Lights Fund Trust)

Limit on Operating Expenses. The Advisor hereby agrees to limit the Fund’s 's current Operating Expenses to an annual rate, expressed as a percentage of ~~the Fund’s~~ Fund average daily net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “"Annual Limit”)") for the time periods indicated. In the event that the current Operating Expenses of the Fund, as accrued each month, exceed ~~its~~ the respective Annual Limit, the Advisor ~~will~~ will, as needed, waive its fees and pay to the Fund, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”)~~being notified that an excess expense payment is due.

Appears in 1 contract

Sources: Operating Expenses Limitation Agreement (Vertical Capital Income Fund)

Limit on Operating Expenses. The Advisor hereby agrees to limit ~~the~~ each Fund’s current Operating Expenses to an annual rate, expressed as a percentage of ~~the~~ a Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the ~~Fund~~Funds, as accrued each month, exceed its Annual Limit, the Advisor will pay to ~~the~~ that Fund, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”)~~being notified that an excess expense payment is due.

Appears in 1 contract

Sources: Operating Expenses Limitation Agreement (Northern Lights Fund Trust)

Limit on Operating Expenses. The Advisor hereby agrees to limit the ~~Fund’s~~ Funds’ current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average daily net assets for the month, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the ~~Fund~~Funds, as accrued each month, exceed its Annual Limit, the Advisor will pay to the ~~Fund~~Funds, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 1 contract

Sources: Operating Expenses Limitation and Security Agreement (Northern Lights Variable Trust)

Limit on Operating Expenses. The Advisor hereby agrees to limit ~~the~~ teach Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 1 contract

Sources: Operating Expenses Limitation and Security Agreement (Mutual Fund Series Trust)

Limit on Operating Expenses. The Advisor hereby agrees to limit ~~the~~ each Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within the first ten days ~~of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).~~of

Appears in 1 contract

Sources: Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust Ii)

Limit on Operating Expenses. The Advisor hereby agrees to limit ~~the~~ each Fund’s 's current Operating Expenses to an annual rate, expressed as a percentage of ~~the~~ a Fund’s 's average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “"Annual Limit”"). In the event that the current Operating Expenses of the ~~Fund~~Funds, as accrued each month, exceed its Annual Limit, the Advisor will pay to ~~the~~ that Fund, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”)~~being notified that an excess expense payment is due.

Appears in 1 contract

Sources: Operating Expenses Limitation Agreement (Northern Lights Fund Trust)

Limit on Operating Expenses. The Advisor hereby agrees to limit the Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual ~~Limit”~~Limits’). In the event that the current Operating ~~Expenses of the Fund~~Expenses, as accrued each month, exceed its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”)~~being notified that an excess expense payment is due.

Appears in 1 contract

Sources: Operating Expenses Limitation Agreement (Advisors Series Trust)

Limit on Operating Expenses. The Advisor hereby agrees to limit ~~the~~ each Fund’s current Operating Expenses to an annual rate, expressed as a percentage of ~~the~~ each Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the ~~Fund~~Funds, as accrued each month, exceed its Annual Limit, the Advisor will pay to ~~the~~ that Fund, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).~~being notified that an excess expense payment is

Appears in 1 contract

Sources: Operating Expenses Limitation Agreement (Northern Lights Fund Trust)

Limit on Operating Expenses. The Advisor hereby agrees to limit the ~~Fund’s~~ Funds’ current Operating Expenses to an annual rate, expressed as a percentage of ~~the~~ each Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual ~~Limit~~Limits”)) with respect to each Fund and each Class. In the event that the current Operating ~~Expenses of the Fund~~Expenses, as accrued each month, exceed its Annual Limit, the Advisor will pay to the ~~Fund~~Fund Class, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”)~~being notified that an excess expense payment is due.

Appears in 1 contract

Sources: Operating Expenses Limitation Agreement (Advisors Series Trust)

Limit on Operating Expenses. The Advisor hereby agrees to limit the Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Advisor ~~will~~ and Xxxxxx, jointly and severally, shall pay to the Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 1 contract

Sources: Operating Expenses Limitation Agreement (Northern Lights Fund Trust Ii)

Limit on Operating Expenses. The Advisor hereby agrees to limit the Fund’s 's current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s 's average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “"Annual Limit”)") for the time periods indicated. In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Advisor ~~will~~ will, as needed, waive its fees and pay to the Fund, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”)~~being notified that an excess expense payment is due.

Appears in 1 contract

Sources: Operating Expenses Limitation Agreement (Vertical Capital Income Fund)

Limit on Operating Expenses. The Advisor hereby agrees to limit the Fund’s 's current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s 's average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “"Annual Limit”)") for the time periods indicated. In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Advisor ~~will~~ will, as needed, waive its fees and pay to ~~the~~ that Fund, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”)~~being notified that an excess expense payment is due.

Appears in 1 contract

Sources: Operating Expenses Limitation Agreement (Vertical Capital Income Fund)

Limit on Operating Expenses. The Advisor hereby agrees to limit the Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within the first ten days ~~of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).~~of

Appears in 1 contract

Sources: Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust Ii)

Limit on Operating Expenses. The Advisor hereby agrees to limit ~~the~~ each Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of ~~the~~ each Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 1 contract

Sources: Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust Ii)

Limit on Operating Expenses. The Advisor hereby agrees to limit the Fund’s 's current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s 's average ~~daily~~ annual net ~~assets for the month~~assets, to the ~~amounts~~ amount listed in Appendix A (the “"Annual Limit”"). In the event that the current Operating Expenses of the ~~Fund~~Funds, as accrued each month, exceed its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within ~~the first ten~~ 30 days of ~~the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”)~~being notified that an excess expense payment is due.

Appears in 1 contract

Sources: Operating Expenses Agreement (Professionally Managed Portfolios)

Limit on Operating Expenses. The Advisor hereby agrees to limit ~~the~~ each Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, to the ~~amounts~~ amount listed in Appendix A (the “Annual Limit”)) attached hereto. In the event that the current Operating Expenses of ~~the~~ each Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to the particular Fund, on a monthly basis, the excess expense within the first ~~ten~~ 10 days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 1 contract

Sources: Operating Expenses Limitation and Security Agreement (Dominion Funds Inc)

Limit on Operating Expenses. The Advisor hereby agrees to limit the ~~Fund’s~~ Funds’ current Operating Expenses to an annual rate, expressed as a percentage of ~~the~~ each Fund’s average daily net assets for the month, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the ~~Fund~~Funds, as accrued each month, exceed its Annual Limit, the Advisor will pay to the ~~Fund~~Funds, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 1 contract

Sources: Operating Expenses Limitation Agreement (Northern Lights Fund Trust Iii)

Limit on Operating Expenses. The Advisor hereby agrees to limit the ~~Fund’s~~ Funds’ current Operating Expenses to an annual rate, expressed as a percentage of the ~~Fund’s~~ Funds’ average daily net assets for the month, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the ~~Fund~~Funds, as accrued each month, exceed its Annual Limit, the Advisor will pay to the ~~Fund~~Funds, on a monthly basis, the excess expense within the first ~~ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).~~ten

Appears in 1 contract

Sources: Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust)

Limit on Operating Expenses. The Advisor hereby agrees to limit the Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average daily net assets for the month, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the ~~Advisor~~ Adviser will pay to the Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 1 contract

Sources: Operating Expenses Limitation Agreement (Northern Lights Fund Trust)

Limit on Operating Expenses. The Advisor hereby agrees to limit the Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average daily net assets for the month, to the amounts listed in Appendix A (the “Annual Limit”)) for the specified period. In the event that the current Operating Expenses of the Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 1 contract

Sources: Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust Iii)

Limit on Operating Expenses. The Advisor hereby agrees to limit the Fund’s current Operating Expenses to an annual rate, expressed as a percentage of the Fund’s average daily net assets for the month, to the amounts listed in Appendix A (the “Annual Limit”). In the event that the current Operating Expenses of ~~the~~ any Fund, as accrued each month, exceed its Annual Limit, the Advisor will pay to the Fund, on a monthly basis, the excess expense within the first ten days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 1 contract

Sources: Operating Expenses Limitation and Security Agreement (Nile Capital Investment Trust)

Common use of Limit on Operating Expenses Clause in Contracts