Limitation on Fees. Notwithstanding the foregoing, the portion of the administrative fees payable under this Agreement retained by the Investment Adviser (after all permissible payments to AFS and third party service providers) will be limited to no more than 0.05% of average net assets per share class.
Appears in 53 contracts
Sources: Administrative Services Agreement (American Funds Money Market Fund), Administrative Services Agreement (American Funds Short-Term Tax-Exempt Bond Fund), Administrative Services Agreement (International Growth & Income Fund, Inc.)
Limitation on Fees. Notwithstanding the foregoing, the portion of the administrative fees payable under this Agreement retained by the Investment Adviser (after all permissible payments to AFS and third party service providers) will be limited to no more than 0.05% of average daily net assets per share class.
Appears in 20 contracts
Sources: Shareholder Services Agreement (New Economy Fund), Shareholder Services Agreement (Growth Fund of America), Shareholder Services Agreement (New Economy Fund)
Limitation on Fees. Notwithstanding the foregoing, the portion of the administrative fees payable under this Agreement retained by the Investment Adviser (after all permissible payments to of AFS and third party service providers) will be limited to no more than 0.05% of average net assets per share class.
Appears in 1 contract
Sources: Administrative Services Agreement (Short-Term Bond Fund of America)