Common use of Organization Expenses Clause in Contracts

Organization Expenses. Touchstone shall pay all of the organization expenses of the Trust which were paid prior to the Trust's or any Fund's commencement of investment operations. The Funds shall reimburse Touchstone, without any interest or carrying charges, for such organization expenses.

Appears in 2 contracts

Samples: Sponsor Agreement (Select Advisors Trust C), Sponsor Agreement (Select Advisors Trust A)

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Organization Expenses. Touchstone shall pay all of the organization expenses of the Trust which were paid prior to the Trust's or any FundPortfolio's commencement of investment operations. The Funds Portfolios shall reimburse Touchstone, without any interest or carrying charges, for such organization expenses.

Appears in 1 contract

Samples: Sponsor Agreement (Select Advisors Variable Insurance Trust)

Organization Expenses. Touchstone shall pay all of the organization expenses of the Trust which were required to be paid prior to the Trust's or any FundPortfolio's commencement of investment operations. The Funds Portfolios shall reimburse Touchstone, without any interest or carrying charges, for such organization expenses.

Appears in 1 contract

Samples: Sponsor Agreement (Western Southern Life Assurance Co Separate Account 1)

Organization Expenses. Touchstone shall pay all of the organization expenses of the Trust which were required to be paid prior to the Trust's or any Fund's commencement of investment operations. The Funds shall reimburse Touchstone, without any interest or carrying charges, for such organization expenses.

Appears in 1 contract

Samples: And Amended Sponsor Agreement (Western Southern Life Assurance Co Separate Account 1)

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Organization Expenses. Touchstone shall pay all of the organization expenses of the Trust which were required to be paid on behalf or the Portfolios prior to the Trust's or any Fundeither Portfolio's commencement of investment operations. The Funds Portfolios shall reimburse Touchstone, without any interest or carrying charges, for such organization expenses.

Appears in 1 contract

Samples: Sponsor Agreement (Western Southern Life Assurance Co Separate Account 1)

Organization Expenses. Touchstone shall pay all of the organization expenses of the Trust which were required to be paid prior to the Trust's or any Fund's commencement of investment operations. The Funds Trust shall reimburse Touchstone, without any interest or carrying charges, for such organization expenses.

Appears in 1 contract

Samples: Sponsor Agreement (Touchstone Variable Series Trust)

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