Common use of Amendment or Assignment of Agreement Clause in Contracts

Amendment or Assignment of Agreement. This Agreement may be amended at any time, but only by written agreement between the Administrator and the Fund, which agreement has been authorized by the Board, including the vote or written consent of a majority of the Independent Directors. This Agreement shall terminate automatically and immediately in the event of its assignment.

Appears in 4 contracts

Samples: Administration Agreement (Morgan Keegan Select Fund Inc), Administration Agreement (RMK High Income Fund Inc), Administration Agreement (RMK Advantage Income Fund, Inc.)

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Amendment or Assignment of Agreement. This Agreement may be amended at any time, but only by written agreement between the Administrator and the Fund, which agreement has been authorized by the Board, including the vote or written consent of a majority of the Independent DirectorsTrustees. This Agreement shall terminate automatically and immediately in the event of its assignment.

Appears in 2 contracts

Samples: Administration Agreement (Regions Morgan Keegan Select Funds), Administration Agreement (Regions Morgan Keegan Select Funds)

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Amendment or Assignment of Agreement. This Agreement may be amended at any time, but only by written agreement between the Administrator and the Fund, which agreement amendment has been authorized by the Board, including the vote or written consent of a majority of the Independent Directors. This Agreement shall terminate automatically and immediately in the event of its assignment.

Appears in 1 contract

Samples: Administration Agreement (RMK Multi-Sector High Income Fund Inc)

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