Computation. If the fiscal year-to-date Total Fund Operating Expenses of a Fund or Other Expenses, as applicable, at the end of any month during which this Agreement is in effect exceed the Expense Limit for that Fund (the “Excess Amount”), the Adviser shall (at its option) waive or reduce its fee under the Advisory Agreement and/or remit to that Fund (or cause another Virtus entity to waive or reduce its fee under another agreement and/or remit to that Fund) an amount that is sufficient to pay the Excess Amount computed on the last day of the month.
Appears in 53 contracts
Sources: Expense Limitation Agreement (Virtus Strategy Trust), Expense Limitation Agreement (Virtus Equity Trust), Expense Limitation Agreement (Virtus Equity Trust)
Computation. If the fiscal year-to-date Total Fund Operating Expenses of a Fund or Other Expenses, as applicable, at the end of any month during which this Agreement is in effect exceed the Expense Limit for that Fund (the “Excess Amount”), the Adviser shall (at its option) waive or reduce its fee under the Advisory Agreement and/or remit to that Fund (or cause another Virtus entity to waive or reduce its fee under another agreement and/or remit to that Fund) an amount that is sufficient to pay the Excess Amount computed on the last day of the month.
Appears in 35 contracts
Sources: Expense Limitation Agreement (Virtus Equity Trust), Expense Limitation Agreement (Virtus Opportunities Trust), Expense Limitation Agreement (Virtus Opportunities Trust)
Computation. If the fiscal year-to-date Total Fund Operating Expenses of a Fund or Other Expenses, as applicable, at the end of any month during which this Agreement is in effect exceed the Expense Limit for that Fund (the “Excess Amount”), the Adviser shall (at its option) waive or reduce its fee under the Advisory Agreement and/or remit to that Fund (or cause another Virtus entity to waive or reduce its fee under another agreement and/or remit to that Fund) an amount that is sufficient to pay the Excess Amount computed on the last day of the month.
Appears in 32 contracts
Sources: Expense Limitation Agreement (Virtus Alternative Solutions Trust), Expense Limitation Agreement (Virtus Variable Insurance Trust), Expense Limitation Agreement (Virtus Alternative Solutions Trust)
Computation. If the fiscal year-to-date Total Fund Operating Expenses of a Fund or Other Expenses, as applicable, at the end of any month during which this Agreement is in effect exceed the Expense Limit for that Fund (the “Excess Amount”), the Adviser shall (at its option) waive or reduce its fee under the Advisory Agreement and/or remit to that Fund (or cause another Virtus entity to waive or reduce its fee under another agreement and/or remit to that Fund) an amount that is sufficient to pay the Excess Amount computed on the last day of the month.
Appears in 18 contracts
Sources: Expense Limitation Agreement (Virtus Alternative Solutions Trust), Expense Limitation Agreement (Virtus Variable Insurance Trust), Expense Limitation Agreement (Virtus Alternative Solutions Trust)
Computation. If the fiscal year-to-year to date Total Fund Operating Expenses of a Fund or Other Expenses, as applicable, at the end of any month during which this Agreement is in effect exceed the Expense Limit for that Fund (the “"Excess Amount”"), the Adviser shall (at its option) waive or reduce its fee under the Advisory Agreement and/or or remit to that Fund (or cause another Virtus entity to waive or reduce its fee under another agreement and/or remit to that Fund) an amount that is sufficient to pay the Excess Amount computed on the last day of the month.
Appears in 10 contracts
Sources: Expense Limitation Agreement (Phoenix Insight Funds Trust), Expense Limitation Agreement (Phoenix Asset Trust), Expense Limitation Agreement (Phoenix Multi Portfolio Fund)
Computation. If the fiscal year-to-year to date Total Fund Operating Expenses of a Fund or Other Expenses, as applicable, at the end of any month during which this Agreement is in effect exceed the Expense Limit for that Fund (the “Excess Amount”), the Adviser shall (at its option) waive or reduce its fee under the Advisory Agreement and/or or remit to that Fund (or cause another Virtus entity to waive or reduce its fee under another agreement and/or remit to that Fund) an amount that is sufficient to pay the Excess Amount computed on the last day of the month.
Appears in 9 contracts
Sources: Expense Limitation Agreement (Phoenix Investment Trust 97), Expense Limitation Agreement (Phoenix Equity Series Fund), Expense Limitation Agreement (Phoenix Institutional Mutual Funds)
Computation. If the fiscal year-to-year to date Total Fund Operating Expenses of a Fund or Other Expenses, as applicable, at the end of any month during which this Agreement is in effect exceed the Expense Limit for that Fund (the “"Excess Amount”"), the Adviser Advisor shall (at its option) waive or reduce its fee under the Advisory Agreement and/or or remit to that Fund (or cause another Virtus entity to waive or reduce its fee under another agreement and/or remit to that Fund) an amount that is sufficient to pay the Excess Amount computed on the last day of the month.
Appears in 7 contracts
Sources: Expense Limitation Agreement (Phoenix Edge Series Fund), Expense Limitation Agreement (Phoenix Edge Series Fund), Expense Limitation Agreement (Phoenix Edge Series Fund)
Computation. If the fiscal year-to-date Total Fund Operating Expenses of a Fund or Other Expenses, as applicable, at the end of any month during which this Agreement is in effect exceed the Expense Limit for that Fund (the “Excess Amount”), the Adviser shall (at its option) waive or reduce its fee under the Advisory Agreement and/or remit to that Fund (or cause another Virtus entity to waive or reduce its fee under another agreement and/or remit to that Fund) an amount that is sufficient to pay the Excess Amount computed on the last day of the month.
Appears in 4 contracts
Sources: Expense Limitation Agreement (Virtus Opportunities Trust), Expense Limitation Agreement (Virtus Opportunities Trust), Expense Limitation Agreement (Virtus Equity Trust)
Computation. If the fiscal year-to-year to date Total Fund Operating Expenses of a the Fund or Other Expenses, as applicable, at the end of any month during which this Agreement is in effect exceed the Expense Limit for that Fund (the “"Excess Amount”"), the Adviser shall (at its option) waive or reduce its fee under the Advisory Agreement and/or or remit to that Fund (or cause another Virtus entity to waive or reduce its fee under another agreement and/or remit to that Fund) an amount that is sufficient to pay the Excess Amount computed on the last day of the month.
Appears in 2 contracts
Sources: Expense Limitation Agreement (Phoenix Opportunities Trust), Expense Limitation Agreement (Phoenix Multi Portfolio Fund)
Computation. If the fiscal year-to-date Total Fund Operating Expenses of a Fund or Other Expenses, as applicable, at the end of any month during which this Agreement is in effect exceed the Expense Limit for that Fund (the “Excess Amount”), the Adviser shall (at its option) waive or reduce its fee under the Advisory Agreement and/or remit to that the Fund (or cause another Virtus entity to waive or reduce its fee under another agreement and/or remit to that Fund) an amount that is sufficient to pay the Excess Amount computed on the last day of the month.
Appears in 2 contracts
Sources: Expense Limitation Agreement (Virtus Opportunities Trust), Expense Limitation Agreement (Virtus Opportunities Trust)
Computation. If the fiscal year-to-date Total Fund Operating Expenses of a the Fund or Other Expenses, as applicable, at the end of any month during which this Agreement is in effect exceed the Expense Limit for that Fund (the “Excess Amount”), the Adviser shall (at its option) waive or reduce its fee under the Advisory Agreement and/or remit to that Fund (or cause another Virtus entity to waive or reduce its fee under another agreement and/or remit to that Fund) an amount that is sufficient to pay the Excess Amount computed on the last day of the month.
Appears in 2 contracts
Sources: Expense Limitation Agreement (Virtus Global Credit Opportunities Fund), Expense Limitation Agreement (Virtus Global Credit Opportunities Fund)
Computation. If the fiscal year-to-year to date Total Fund Operating Expenses of a Fund or Other Expenses, as applicable, at the end of any month during which this Agreement is in effect exceed the Expense Limit for that Fund (the “Excess Amount”), the Adviser shall (at its option) waive or reduce its fee under the Advisory Agreement and/or remit to that Fund (or cause another Virtus entity to waive or reduce its fee under another agreement and/or remit to that Fund) an amount that is sufficient to pay the Excess Amount computed on the last day of the month.
Appears in 2 contracts
Sources: Expense Limitation Agreement (Virtus Insight Trust), Expense Limitation Agreement (Virtus Insight Trust)