Common use of MULTIPLE CLASSES OF SHARES Clause in Contracts

MULTIPLE CLASSES OF SHARES. An additional $10,000 annual fee will be applied for each class of shares, excluding the first class of shares, if more than one class of shares is operational in a Fund. 1 Legal services are limited to the preparation, for review and approval by Hyperion and it’s outside legal counsel, of the following: initial fund registration statements on Form N-2, annual proxy statements and Forms N-▇▇.

Appears in 2 contracts

Sources: Sub Administration Agreement (Hyperion Brookfield Total Return Fund Inc), Sub Administration Agreement (Hyperion Brookfield Total Return Fund Inc)

MULTIPLE CLASSES OF SHARES. An additional $10,000 annual fee will be applied for each class of shares, excluding the first class of shares, if more than one class of shares is operational in a Fund. 1 Legal services are limited to the preparation, for review and approval by Hyperion and it’s outside legal counsel, of the following: initial fund registration statements on Form N-2, annual proxy statements and Forms N-▇▇.N-8F.

Appears in 1 contract

Sources: Sub Administration Agreement (Hyperion Brookfield Total Return Fund Inc)