Common use of Allocation of Fees Clause in Contracts

Allocation of Fees. Transfer Agency fees paid under this Agreement shall be treated as an expense of the Company and shall be accrued and allocated pro rata each month to the Portfolios on the basis of their respective net assets at the end of the preceding month and paid monthly.

Appears in 2 contracts

Sources: Transfer Agency Agreement (Arch Funds Inc), Transfer Agency Agreement (Arch Funds Inc)