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 149 contracts

Samples: HCM Dynamic Income Fund (Northern Lights Fund Trust Iii), And Security Agreement (Northern Lights Fund Trust), 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”). 2.

Appears in 54 contracts

Samples: And Security Agreement (Northern Lights Fund Trust Ii), And Security Agreement (Northern Lights Fund Trust Ii), 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. 2.

Appears in 50 contracts

Samples: Trust Operating Expenses Limitation Agreement (Northern Lights Fund Trust), Nature Series Trust Operating Expenses Limitation Agreement (Second Nature Series Trust), Nature Series Trust Operating Expenses Limitation Agreement (Second Nature 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

Samples: Operating Expenses Limitation Agreement (TCG Financial Series Trust III), Operating Expenses Limitation Agreement (TCG Financial Series Trust IV), Operating Expenses Limitation Agreement (TCG Financial Series Trust II)

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~~ amount listed in ~~Appendix~~ Schedule 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~~ 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

Samples: Operating Expense Limitation Agreement (Manager Directed Portfolios), Operating Expense Limitation Agreement (Manager Directed Portfolios), Operating Expense Limitation Agreement (Manager Directed Portfolios)

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 22 contracts

Samples: 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 average ~~daily~~ annual net assets ~~for the month,~~ to the ~~amounts~~ amount 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~~ 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 21 contracts

Samples: Expense Limitation Agreement (Trust for Professional Managers), Expense Limitation Agreement (Trust for Professional Managers), Expense Limitation Agreement (Trust for Professional Managers)

Appears in 20 contracts

Samples: And Security Agreement (Northern Lights Fund Trust Ii), And Security Agreement (Northern Lights Fund Trust Ii), 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 ~~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 19 contracts

Samples: Agreement (Northern Lights Fund Trust Iii), Grandeur Peak Funds (Grandeur Peak Global Trust), 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

Samples: 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)

Appears in 16 contracts

Samples: And Security Agreement (Northern Lights Fund Trust), And Security Agreement (Northern Lights Fund Trust), 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”). 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 16 contracts

Samples: Forethought Variable Insurance Trust Operating Expenses Limitation Agreement (Forethought Variable Insurance Trust), Forethought Variable Insurance Trust Operating Expenses Limitation Agreement (Forethought Variable Insurance Trust), Forethought Variable Insurance Trust 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~~ 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. 2.

Appears in 12 contracts

Samples: Expenses Limitation Agreement (Northern Lights Fund Trust Ii), Expenses Limitation Agreement (Northern Lights Fund Trust Ii), Expenses Limitation Agreement (Northern Lights Fund Trust Ii)

Limit on Operating Expenses. The ~~Advisor~~ Adviser 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~~ Adviser will pay to the ~~Fund~~Funds, 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. 2.

Appears in 12 contracts

Samples: Operating Expenses Limitation Agreement (Northern Lights Fund Trust), Operating Expenses Limitation Agreement (Northern Lights Fund Trust), 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 '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”"). 2.

Appears in 11 contracts

Samples: And Security Agreement (Northern Lights Variable Trust), And Security Agreement (Northern Lights Fund Trust), 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~~ 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. 2.

Appears in 11 contracts

Samples: Leader Funds Trust Operating Expenses Limitation Agreement (Leader Funds Trust), Leader Funds Trust Operating Expenses Limitation Agreement (Leader Funds Trust), 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~~ annual net ~~assets for the month~~assets, to the amounts listed in ~~Appendix~~ Schedule 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 10 contracts

Samples: 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~~ 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 10 contracts

Samples: Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust IV), Agreement (Northern Lights Fund Trust Iii), 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 days of the month following the month in which such Operating Expenses were incurred (each payment, a “Fund Reimbursement Payment”).

Appears in 10 contracts

Samples: And Security Agreement (Americafirst Quantitative Funds), And Security Agreement (Americafirst Quantitative Funds), And Security Agreement (Catalyst 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~~ such Fund’s average ~~daily~~ annual net ~~assets for the month~~assets, ~~to the amounts listed in Appendix~~ as shown on Schedule A of this Agreement (the “~~Annual Limit~~Expense Cap”). In the event that the current Operating Expenses of the Fund, as accrued ~~each month~~daily, ~~exceed~~ exceeds its ~~Annual Limit~~Expense Cap, 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 payment is due.

Appears in 9 contracts

Samples: Operating Expenses Limitation Agreement (Litman Gregory Funds Trust), Operating Expenses Limitation Agreement (Litman Gregory Funds Trust), Operating Expenses Limitation Agreement (Litman Gregory Funds 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. 2.

Appears in 9 contracts

Samples: Expenses Limitation Agreement (Northern Lights Fund Trust Ii), Expenses Limitation Agreement (Northern Lights Fund Trust Ii), Expenses Limitation 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. 2.

Appears in 7 contracts

Samples: Trust Operating Expenses Limitation Agreement (Northern Lights Fund Trust), Expenses Limitation Agreement (Northern Lights Fund Trust), 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 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 7 contracts

Samples: Trust 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~~ 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

Samples: Operating Expenses Limitation (Northern Lights Fund Trust IV), Operating Expenses Limitation (Northern Lights Fund Trust IV), Operating Expenses Limitation (Northern Lights Fund Trust IV)

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”). 2.

Appears in 6 contracts

Samples: And Security Agreement (Northern Lights Fund Trust), And Security Agreement (Northern Lights Fund Trust), 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

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

Samples: 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)

Appears in 6 contracts

Samples: Expenses Limitation Agreement (Northern Lights Variable Trust), Expenses Limitation Agreement (Northern Lights Variable Trust), 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~~ 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 6 contracts

Samples: Northern Lights Fund Trust Operating Expenses Limitation and Security Agreement (Northern Lights Fund Trust), And Security Agreement (Northern Lights Fund Trust), 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~~ 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 6 contracts

Samples: 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 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

Samples: And Security Agreement (Northern Lights Variable Trust), And Security Agreement (Northern Lights Variable Trust), 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”)) 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

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

Samples: Operating Expenses Limitation Agreement (Advisors Series Trust), Advisors Series Trust (Advisors Series Trust), Operating Expenses Limitation 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 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 6 contracts

Samples: And Security Agreement (Northern Lights Fund Trust IV), And Security Agreement (Northern Lights Fund Trust), Two Roads (Two Roads Shared 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, 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

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

Samples: 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 hereby~~ Adviser 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~~ each an “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~~ 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. 2.

Appears in 5 contracts

Samples: Operating Expenses Limitation Agreement (Ranger Funds Investment Trust), Trust Operating Expenses Limitation Agreement (Ranger Funds Investment Trust), Operating Expenses Limitation Agreement (Ranger Funds Investment 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~~ 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 5 contracts

Samples: Fund Trust Operating Expenses Limitation Agreement (Northern Lights Fund Trust), Fund Trust Operating Expenses Limitation Agreement (Northern Lights Fund Trust), 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 ~~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. 2.

Appears in 5 contracts

Samples: Trust Operating Expenses Limitation Agreement (Northern Lights Fund Trust), 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~~ 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~~ 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 5 contracts

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 4 contracts

Samples: Funds Operating Expenses Limitation (Americafirst Quantitative Funds), Operating Expenses Limitation (Americafirst Quantitative Funds), Funds Operating Expenses Limitation (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 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

Samples: And Security Agreement (Northern Lights Fund Trust Iii), And Security Agreement (Northern Lights Fund Trust Iii), And Security 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~~ annual net ~~assets for the month~~assets, to the amounts and during the time periods 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 4 contracts

Samples: Expenses Limitation Agreement (Forethought Variable Insurance Trust), Expenses Limitation Agreement (Forethought Variable Insurance Trust), Forethought Variable Insurance Trust 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~~ 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”"). 2.

Appears in 4 contracts

Samples: And Security Agreement (Northern Lights Variable Trust), And Security Agreement (Northern Lights Variable Trust), 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~~ 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 4 contracts

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

Samples: And Security Agreement (Americafirst Quantitative Funds), Funds Operating Expenses Limitation (Americafirst Quantitative Funds), Funds Operating Expenses Limitation (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~~ 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. 2.

Appears in 3 contracts

Samples: Fund Trust Operating Expenses Limitation Agreement (Northern Lights Fund Trust), Trust Operating Expenses Limitation Agreement (Northern Lights Fund Trust), 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 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”). 2.

Appears in 3 contracts

Samples: Northern Lights Fund Trust Operating Expenses Limitation (Northern Lights Fund Trust), And Security Agreement (Nile Capital Investment Trust), Fund Trust Operating Expenses Limitation (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. 2.

Appears in 3 contracts

Samples: Fund Operating Expenses Limitation Agreement (Vertical Capital Income Fund), Fund Operating Expenses Limitation Agreement (Vertical Capital Income Fund), Fund 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~~ 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. 2.

Appears in 3 contracts

Samples: Operating Expenses Limitation Agreement (Northern Lights Fund Trust Ii), Operating Expenses Limitation Agreement (Northern Lights Fund Trust Ii), Operating Expenses Limitation 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~~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 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

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

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~~ Schedule 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~~ 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 3 contracts

Samples: Operating Expenses Limitation Agreement (Advisors Series Trust), Advisors Series Trust (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 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 3 contracts

Samples: Expense Limitation Agreement (Sprott Funds Trust), Expense Limitation Agreement (Sprott Funds Trust), Expense Limitation Agreement (Sprott ETF 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

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

Appears in 2 contracts

Samples: Limitation Agreement (Ranger Funds Investment Trust), Operating Expenses Limitation Agreement (Ranger Funds Investment 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

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

Limit on Operating Expenses. The ~~Advisor~~ Adviser hereby agrees to limit the Fund’s 's current Operating Expenses to ~~an annual rate, expressed as a percentage~~ 1.95% per annum 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~~ the respective Annual Limit, the ~~Advisor will~~ Adviser 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

Samples: Operating Expenses Limitation Agreement (A3 Alternative Income Fund), Operating Expenses Limitation Agreement (A3 Alternative Credit 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 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”). 2.

Appears in 2 contracts

Samples: And Security Agreement (Mutual Fund Series Trust), And Security Agreement (Mutual Fund Series Trust)

Appears in 2 contracts

Samples: And Security Agreement (Northern Lights Fund Trust), 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~~ 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. 2.

Appears in 2 contracts

Samples: Trust Operating Expenses Limitation Agreement (Northern Lights Fund Trust), 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 average ~~daily~~ annual net ~~assets for the month~~assets, to the ~~amounts~~ amount listed in ~~Appendix~~ Schedule A (the “Annual Limit”)) 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 2 contracts

Samples: 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~~ 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

Samples: And Security Agreement (Northern Lights Fund Trust), 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”). 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

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

Samples: And Security Agreement (Mutual Fund Series Trust), Mutual Fund Series Trust Operating Expenses Limitation (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”). 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”). 2.

Appears in 2 contracts

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

Limit on Operating Expenses. The ~~Advisor hereby~~ Adviser agrees to limit ~~the~~ each Fund’s 's current Operating Expenses to an annual rate, expressed as a percentage of ~~the~~ each Fund’s 's average ~~daily~~ annual net ~~assets for the month~~assets, to the amounts listed in Appendix A (~~the~~ each an “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~~ 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

Samples: Operating Expenses Limitation Agreement (Ranger Funds Investment Trust), Operating Expenses Limitation Agreement (Ranger Funds 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 ~~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

Samples: Limitation and Security Agreement (Northern Lights Variable Trust), Limitation and Security Agreement (Northern Lights Variable 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”). 2.

Appears in 2 contracts

Samples: Advisorone Funds Operating Expenses Limitation (Advisorone Funds), Advisorone Funds Operating Expenses Limitation (Advisorone 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~~ 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

Samples: 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~~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. 2.

Appears in 2 contracts

Samples: Fund Trust Operating Expenses Limitation Agreement (Northern Lights Fund Trust), 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~~ 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~~ 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 2 contracts

Samples: 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 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

Samples: Operating Expenses Limitation Agreement (MSS Series Trust), Operating Expenses Limitation Agreement (MSS 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 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”). 2.

Appears in 1 contract

Samples: Trust 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~~ a share classes’ 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

Samples: Operating Expenses Limitation Agreement (Collaborative Investment 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 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~~ 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”). 2.

Appears in 1 contract

Samples: Northern Lights Fund Trust Operating Expenses Limitation (Northern Lights Fund Trust)

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”). 2.

Appears in 1 contract

Samples: 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~~ 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

Samples: Operating Expenses Limitation (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~~ 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”). 2.

Appears in 1 contract

Samples: 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”). 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

Samples: And Security Agreement (Northern Lights Fund Trust Ii)

Limit on Operating Expenses. The ~~Advisor~~ Adviser 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~~ Adviser 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

Samples: Operating Expenses Limitation and Security Agreement (Two Roads Shared 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”). 2.

Appears in 1 contract

Samples: 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~~ 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

Samples: And Security Agreement (Northern Lights Fund Trust)

Appears in 1 contract

Samples: Asset Allocator (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 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

Samples: And Security Agreement (Northern Lights Variable 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~~ 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”). 2.

Appears in 1 contract

Samples: 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 ~~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

Samples: 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

Samples: Expenses Limitation Agreement (Northern Lights Fund Trust)

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 '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

Samples: 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 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”).~~of

Appears in 1 contract

Samples: 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~~ 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

Samples: Two Roads (Two Roads Shared 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 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

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

Limit on Operating Expenses. The ~~Advisor~~ Advisors 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~~ 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”). 2.

Appears in 1 contract

Samples: 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~~ 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

Samples: Operating Expenses (Dominion Funds Inc)

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

Samples: 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 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

Samples: And Security Agreement (Nile Capital Investment 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

Samples: 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

Samples: Two Roads (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 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

Samples: And Security Agreement (Northern Lights Fund Trust Ii)

Common use of Limit on Operating Expenses Clause in Contracts