Limitation on Fees. Notwithstanding the foregoing, effective July 1, 2005, the portion of the 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 1 contract
Sources: Administrative Services Agreement (Income Fund of America Inc)
Limitation on Fees. Notwithstanding the foregoing, effective July 1, 2005, the portion of the 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 1 contract
Sources: Business Management Agreement (American Funds Tax Exempt Series I)