Common use of Assignment or Amendment Clause in Contracts

Assignment or Amendment. Any amendment to this Agreement shall be in writing and shall be subject to: (i) the approval of the Board, including the vote of a majority of the Managers who are not "interested persons," as defined by the Investment Company Act and the rules thereunder; (ii) the affirmative vote or written consent of the holders of a "majority of the outstanding voting securities" of the Fund," as defined by the Investment Company Act, to the extent such a vote of security holders is required by the Investment Company Act. This Agreement shall automatically and immediately terminate in the event of its "assignment," as defined in the Investment Company Act.

Appears in 5 contracts

Samples: Sub Advisory Agreement (Ofi Tremont Market Neutral Hedge Fund), Investment Sub Advisory Agreement (Oppenheimer Tremont Opportunity Fund LLC), Sub Advisory Agreement (Ofi Tremont Core Diversified Hedge Fund)

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Assignment or Amendment. Any amendment to this Agreement shall be in writing and shall be subject to: (i) the approval of the Board, including the vote of a majority of the Managers Trustees who are not "interested persons," as defined by the Investment Company Act and the rules thereunder; (ii) the affirmative vote or written consent of the holders of a "majority of the outstanding voting securities" of the Fund," as defined by the Investment Company Act, to the extent such a vote of security holders is required by the Investment Company Act. This Agreement shall automatically and immediately terminate in the event of its "assignment," as defined in the Investment Company Act.

Appears in 3 contracts

Samples: Investment Management Agreement (Ofi Tremont Core Strategies Hedge Fund), Investment Management Agreement (Ofi Tremont Core Diversified Hedge Fund), Investment Management Agreement (Ofi Tremont Market Neutral Hedge Fund)

Assignment or Amendment. Any amendment to this Agreement shall be in writing and shall be subject to: (ia) the approval of the Board, including the vote of a majority of the Managers who are not "interested persons," as defined by the Investment Company Act and the rules thereunder; (iib) the affirmative vote or written consent of the holders of a "majority of the outstanding voting securities" of the Fund," as defined by the Investment Company Act, to the extent such a vote of security holders is required by the Investment Company Act. This Agreement shall automatically and immediately terminate in the event of its "assignment," as defined in the Investment Company Act.

Appears in 3 contracts

Samples: Investment Advisory Agreement (Bacap Alternative Mult Strategy Fund LLC), Investment Advisory Agreement (Bacap Alternative Mult Strategy Fund LLC), Investment Advisory Agreement (Bacap Technology Fund LLC)

Assignment or Amendment. Any amendment to this Agreement shall be in writing and shall be subject to: (i) the approval of the Board, including the vote of a majority of the Managers who are not "interested persons," as defined by the Investment Company Act and the rules thereunder; and (ii) the affirmative vote or written consent of the holders of a "majority of the outstanding voting securities" of the Fund," as defined by the Investment Company Act, to the extent such a vote of security holders is required by the Investment Company Act. This Agreement shall automatically and immediately terminate in the event of its "assignment," as defined in the Investment Company Act.

Appears in 2 contracts

Samples: Investment Advisory Agreement (Oppenheimer Tremont Market Neutral Fund LLC), Investment Advisory Agreement (Oppenheimer Tremont Opportunity Fund LLC)

Assignment or Amendment. Any amendment to this Agreement shall be in writing and shall be subject to: (ia) the approval of the Board, including the vote of a majority of the Managers Trustees who are not "interested persons," , as defined by the Investment Company Act Act, of the Fund or any party to this Agreement; and the rules thereunder; (iib) the affirmative vote or written consent of the holders of a "majority of the outstanding voting securities" securities of the Fund," , as defined by the Investment Company Act, to the extent such a vote of security holders is required by the Investment Company Act. This Agreement shall automatically and immediately terminate in the event of its "assignment," , as defined in the Investment Company Act.

Appears in 1 contract

Samples: Neuberger Berman High Yield Strategies Fund

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Assignment or Amendment. Any amendment to this Agreement shall be in writing and shall be subject to: (i) the approval of the Board, including the vote of a majority of the Managers who are not "interested persons," as defined by the Investment Company Act and the rules thereunder, of the Fund; (ii) the affirmative vote or written consent of the holders of a "majority of the outstanding voting securities" securities of the Fund," as defined by the Investment Company Act, to the extent such a vote of security holders is required by the Investment Company Act. This Agreement shall automatically and immediately terminate in the event of its "assignment," as defined in by the Investment Company ActAct and the rules thereunder.

Appears in 1 contract

Samples: Sub Advisory Agreement (Ivy Multi Manager Hedge Fund LLC)

Assignment or Amendment. Any amendment to this Agreement shall be in writing and shall be subject to: (i) the approval of the Board, including the vote of a majority of the Managers who are not "interested persons," as defined by the Investment Company Act and the rules thereunder; (ii) the affirmative vote or written consent of the holders of a "majority of the outstanding voting securities" of the Fund," as defined by the Investment Company Act, to the extent such a vote of security holders is required by the Investment Company Act. This Agreement shall automatically and immediately terminate in the event of its "assignment," as defined in the Investment Company Act. 10.

Appears in 1 contract

Samples: Investment Advisory Agreement (Oppenheimer Tremont Opportunity Fund LLC)

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