Common use of Amendment and Termination of Agreement Clause in Contracts

Amendment and Termination of Agreement. This Agreement will continue with respect to the Fund at least through April 30, 2019 (the “Initial Termination Date”). Thereafter, the Manager may agree to continue for such period of time beyond the Initial Termination Date or terminate this Agreement or enter into a new expense limitation agreement with different terms and conditions (“New Agreement”), provided that the Board of Directors of the Fund, including a majority of the directors/trustees who are not interested persons of the Fund or the Manager, approves the continuation or termination of this Agreement or authorizes the parties entering into a New Agreement with respect to the Fund. This Agreement will terminate automatically upon termination of its Management Agreement. Amendment or termination of this Agreement does not require approval by shareholders of the Fund or its separate classes of shares.

Appears in 11 contracts

Samples: Expense Limitation Agreement (T. Rowe Price U.S. Large-Cap Core Fund, Inc.), Expense Limitation Agreement (T. Rowe Price Financial Services Fund, Inc.), Expense Limitation Agreement (T. Rowe Price Global Real Estate Fund, Inc.)

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Amendment and Termination of Agreement. This Agreement will continue with respect to the Fund at least through April September 30, 2019 (the “Initial Termination Date”). Thereafter, the Manager may agree to continue for such period of time beyond the Initial Termination Date or terminate this Agreement or enter into a new expense limitation agreement with different terms and conditions (“New Agreement”), provided that the Board of Directors of the Fund, including a majority of the directors/trustees who are not interested persons of the Fund or the Manager, approves the continuation or termination of this Agreement or authorizes the parties entering into a New Agreement with respect to the Fund. This Agreement will terminate automatically upon termination of its Management Agreement. Amendment or termination of this Agreement does not require approval by shareholders of the Fund or its separate classes of shares.

Appears in 3 contracts

Samples: Expense Limitation Agreement (T. Rowe Price Floating Rate Fund, Inc.), Expense Limitation Agreement (T. Rowe Price Credit Opportunities Fund, Inc.), Expense Limitation Agreement (T. Rowe Price Credit Opportunities Fund, Inc.)

Amendment and Termination of Agreement. This Agreement will continue with respect to the Fund at least through April June 30, 2019 (the “Initial Termination Date”). Thereafter, the Manager may agree to continue for such period of time beyond the Initial Termination Date or terminate this Agreement or enter into a new expense limitation agreement with different terms and conditions (“New Agreement”), provided that the Board of Directors of the Fund, including a majority of the directors/trustees directors who are not interested persons of the Fund or the Manager, approves the continuation or termination of this Agreement or authorizes the parties entering into a New Agreement with respect to the Fund. This Agreement will terminate automatically upon termination of its Management Agreement. Amendment or termination of this Agreement does not require approval by shareholders of the Fund or its separate classes of shares.

Appears in 3 contracts

Samples: Expense Limitation Agreement (T. Rowe Price State Tax-Free Funds, Inc.), Expense Limitation Agreement (T. Rowe Price State Tax-Free Funds, Inc.), Expense Limitation Agreement (T. Rowe Price State Tax-Free Funds, Inc.)

Amendment and Termination of Agreement. This Agreement will continue with respect to the Fund at least through April June 30, 2019 (the “Initial Termination Date”). Thereafter, the Manager may agree to continue for such period of time beyond the Initial Termination Date or terminate this Agreement or enter into a new expense limitation agreement with different terms and conditions (“New Agreement”), provided that the Board of Directors of the Fund, including a majority of the directors/trustees who are not interested persons of the Fund or the Manager, approves the continuation or termination of this Agreement or authorizes the parties entering into a New Agreement with respect to the Fund. This Agreement will terminate automatically upon termination of its Management Agreement. Amendment or termination of this Agreement does not require approval by shareholders of the Fund or its separate classes of shares.

Appears in 2 contracts

Samples: Expense Limitation Agreement (T. Rowe Price Tax-Free Short-Intermediate Fund, Inc.), Expense Limitation Agreement (T. Rowe Price Tax-Free High Yield Fund, Inc.)

Amendment and Termination of Agreement. This Agreement will continue with respect to the Fund at least through April September 30, 2019 2018 (the “Initial Termination Date”). Thereafter, the Manager may agree to continue for such period of time beyond the Initial Termination Date or terminate this Agreement or enter into a new expense limitation agreement with different terms and conditions (“New Agreement”), provided that the Board of Directors of the Fund, including a majority of the directors/trustees who are not interested persons of the Fund or the Manager, approves the continuation or termination of this Agreement or authorizes the parties entering into a New Agreement with respect to the Fund. This Agreement will terminate automatically upon termination of its Management Agreement. Amendment or termination of this Agreement does not require approval by shareholders of the Fund or its separate classes of shares.

Appears in 2 contracts

Samples: Expense Limitation Agreement (T. Rowe Price Institutional Income Funds, Inc.), Expense Limitation Agreement (T. Rowe Price Institutional Income Funds, Inc.)

Amendment and Termination of Agreement. This Agreement will continue with respect to the Fund at least through April 30February 28, 2019 2022 (the “Initial Termination Date”). Thereafter, the Manager may agree to continue for such period of time beyond the Initial Termination Date or terminate this Agreement or enter into a new expense limitation agreement with different terms and conditions (“New Agreement”), provided that the Board of Directors of the Fund, including a majority of the directors/trustees directors who are not interested persons of the Fund or the Manager, approves the continuation or termination of this Agreement or authorizes the parties entering into a New Agreement with respect to the Fund. This Agreement will terminate automatically upon termination of its Management Agreement. Amendment or termination of this Agreement does not require approval by shareholders of the Fund or its separate classes of shares.

Appears in 2 contracts

Samples: Expense Limitation Agreement (T. Rowe Price International Funds, Inc.), Expense Limitation Agreement (T. Rowe Price International Funds, Inc.)

Amendment and Termination of Agreement. This Agreement will continue with respect to the Fund at least through April 30February 28, 2019 2021 (the “Initial Termination Date”). Thereafter, the Manager may agree to continue for such period of time beyond the Initial Termination Date or terminate this Agreement or enter into a new expense limitation agreement with different terms and conditions (“New Agreement”), provided that the Board of Directors of the Fund, including a majority of the directors/trustees who are not interested persons of the Fund or the Manager, approves the continuation or termination of this Agreement or authorizes the parties entering into a New Agreement with respect to the Fund. This Agreement will terminate automatically upon termination of its Management Agreement. Amendment or termination of this Agreement does not require approval by shareholders of the Fund or its separate classes of shares.

Appears in 2 contracts

Samples: Expense Limitation Agreement (T. Rowe Price Summit Municipal Funds, Inc.), Expense Limitation Agreement (T. Rowe Price Summit Municipal Funds, Inc.)

Amendment and Termination of Agreement. This Agreement will continue with respect to the Fund at least through April September 30, 2019 2018 (the “Initial Termination Date”). Thereafter, the Manager may agree Subject to continue for such period of time beyond the Initial Termination Date or terminate this Agreement or enter into a new expense limitation agreement with different terms and conditions (“New Agreement”), provided that approval by the Board of Directors of the FundCorporation, including a majority of the directors/trustees directors who are not interested persons of the Fund or the Manager, approves the continuation or termination of this Agreement or authorizes the parties entering into a New Agreement Manager may agree to an additional expense limitation with respect to a Fund beyond the Initial Termination Date. This Agreement may be terminated at any time beyond the Initial Termination Date with respect to a Fund with approval by the Fund’s Board of Directors, including a majority of the directors who are not interested persons of the Fund or the Manager. This Agreement will terminate automatically with respect to a Fund upon termination of its the Fund’s Management Agreement. Amendment or termination of this Agreement with respect to a Fund does not require approval by shareholders of the Fund or its separate classes of shares.

Appears in 1 contract

Samples: Expense Limitation Agreement (T. Rowe Price Retirement Funds, Inc.)

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Amendment and Termination of Agreement. This Agreement will continue with respect to the Fund at least through April 30, 2019 2022 (the “Initial Termination Date”). Thereafter, the Manager may agree to continue for such period of time beyond the Initial Termination Date or terminate this Agreement or enter into a new expense limitation agreement with different terms and conditions (“New Agreement”), provided that the Board of Directors of the Fund, including a majority of the directors/trustees directors who are not interested persons of the Fund or the Manager, approves the continuation or termination of this Agreement or authorizes the parties entering into a New Agreement with respect to the Fund. This Agreement will terminate automatically upon termination of its Management Agreement. Amendment or termination of this Agreement does not require approval by shareholders of the Fund or its separate classes of shares.

Appears in 1 contract

Samples: Expense Limitation Agreement (T. Rowe Price U.S. Equity Research Fund, Inc.)

Amendment and Termination of Agreement. This Agreement will continue with respect to the Fund at least through April 30, 2019 2020 (the “Initial Termination Date”). Thereafter, the Manager may agree to continue for such period of time beyond the Initial Termination Date or terminate this Agreement or enter into a new expense limitation agreement with different terms and conditions (“New Agreement”), provided that the Board of Directors of the Fund, including a majority of the directors/trustees who are not interested persons of the Fund or the Manager, approves the continuation or termination of this Agreement or authorizes the parties entering into a New Agreement with respect to the Fund. This Agreement will terminate automatically upon termination of its Management Agreement. Amendment or termination of this Agreement does not require approval by shareholders of the Fund or its separate classes of sharesFund.

Appears in 1 contract

Samples: Expense Limitation Agreement (T. Rowe Price Retirement Funds, Inc.)

Amendment and Termination of Agreement. This Agreement will continue with respect to the Fund at least through April 30, 2019 2018 (the “Initial Termination Date”). Thereafter, the Manager may agree to continue for such period of time beyond the Initial Termination Date or terminate this Agreement or enter into a new expense limitation agreement with different terms and conditions (“New Agreement”), provided that the Board of Directors of the Fund, including a majority of the directors/trustees who are not interested persons of the Fund or the Manager, approves the continuation or termination of this Agreement or authorizes the parties entering into a New Agreement with respect to the Fund. This Agreement will terminate automatically upon termination of its Management Agreement. Amendment or termination of this Agreement does not require approval by shareholders of the Fund or its separate classes of shares.

Appears in 1 contract

Samples: Expense Limitation Agreement (T. Rowe Price Quantitative Management Funds, Inc.)

Amendment and Termination of Agreement. This Agreement will continue with respect to the Fund at least through April June 30, 2019 (the “Initial Termination Date”). Thereafter, the Manager may agree to continue for such period of time beyond the Initial Termination Date or terminate this Agreement or enter into a new expense limitation agreement with different terms and conditions (“New Agreement”), provided that the Board of Directors Trustees of the Fund, including a majority of the directors/trustees who are not interested persons of the Fund or the Manager, approves the continuation or termination of this Agreement or authorizes the parties entering into a New Agreement with respect to the Fund. This Agreement will terminate automatically upon termination of its Management Agreement. Amendment or termination of this Agreement does not require approval by shareholders of the Fund or its separate classes of shares.

Appears in 1 contract

Samples: Expense Limitation Agreement (T. Rowe Price State Tax-Free Income Trust)

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