Common use of Year-End Adjustment Clause in Contracts

Year-End Adjustment. If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the amount of the services fees waived or reduced and other payments remitted by RBC GAM (US) to the respective Fund with respect to the previous fiscal year shall equal the Excess Amount.

Year-End Adjustment. If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the amount of the services fees waived or reduced and other payments remitted by RBC GAM (US) to the respective Fund with respect to the previous fiscal year shall equal the Excess Amount.

Year-End Adjustment. If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the amount of the services fees waived or reduced and other payments remitted by RBC GAM (US) to the respective Fund with respect to the previous fiscal year shall equal the Excess Amount.

Year-End Adjustment. If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the amount of the services distribution or servicing fees waived or reduced and other payments remitted by RBC GAM (US) CM to the respective each Fund or class with respect to the previous fiscal year shall equal the Excess Amount.

Year-End Adjustment. If necessary, on or before the last day of the first month of each fiscal year, an adjustment payment shall be made by the appropriate party in order that the amount of the services fees waived or reduced and other payments remitted by RBC GAM (US) to the respective Fund with respect to the previous fiscal year shall equal the Excess Amount.