ASSIGNMENT TERMINATES THIS AGREEMENT; AMENDMENTS OF THIS AGREEMENT. This Agreement shall automatically terminate with respect to a Fund or Funds, without the payment of any penalty, in the event of its assignment with respect to such Fund(s) or in the event that the Investment Management Agreement between the Manager and the Trust shall have terminated with respect to such Fund(s) for any reason; and this Agreement shall not be materially amended as to a Fund unless such amendment is approved by the affirmative vote of a majority of the outstanding shares of the Fund (except if such shareholder approval is not required by the 1940 Act, giving effect to any interpretations of or exemptive relief granted by the SEC and/or its Staff), and by the vote, cast in person at a meeting called for the purpose of voting on such approval, of a majority of the Trustees of the Trust who are not interested persons of the Fund, the Manager, or the Sub-Adviser.
Appears in 8 contracts
Samples: Sub Advisory Agreement (Allianz Funds Multi-Strategy Trust), Sub Advisory Agreement (Allianz Funds Multi-Strategy Trust), Sub Advisory Agreement (Allianz Funds Multi-Strategy Trust)
ASSIGNMENT TERMINATES THIS AGREEMENT; AMENDMENTS OF THIS AGREEMENT. This Agreement shall automatically terminate with respect to a Fund Portfolio or FundsPortfolios, without the payment of any penalty, in the event of its assignment with respect to such Fund(sPortfolio(s) or in the event that the Investment Management Agreement between the Manager and the Trust shall have terminated with respect to such Fund(sPortfolio(s) for any reason; and this Agreement shall not be materially amended as to a Fund Portfolio unless such amendment is approved by the affirmative vote of a majority of the outstanding shares of the Fund Portfolio (except if such shareholder approval is not required by the 1940 Act, giving effect to any interpretations of or exemptive relief granted by the SEC and/or its Staff), and by the vote, cast in person at a meeting called for the purpose of voting on such approval, of a majority of the Trustees of the Trust who are not interested persons of the FundPortfolio, the Manager, or the Sub-Adviser.
Appears in 4 contracts
Samples: Sub Advisory Agreement (AllianzGI Institutional Multi-Series Trust), Sub Advisory Agreement (Premier Multi-Series VIT), Sub Advisory Agreement (Premier Multi-Series VIT)
ASSIGNMENT TERMINATES THIS AGREEMENT; AMENDMENTS OF THIS AGREEMENT. This Agreement shall automatically terminate with respect to a Fund or Funds, without the payment of any penalty, in the event of its assignment with respect to such Fund(s) or in the event that the Investment Management Agreement between the Manager and the Trust shall have terminated with respect to such Fund(s) for any reason; and this Agreement shall not be materially amended as to a Fund unless such amendment is approved by the affirmative vote of a majority of the outstanding shares of the Fund (except if such shareholder approval is not required by the 1940 Act, giving effect to any interpretations of or exemptive relief granted by the SEC and/or its Staff), and by the vote, cast in person at a meeting called for the purpose of voting on such approval, of a majority of the Trustees of the Trust who are not interested persons of the Fund, Fund or the Manager, or the Sub-AdviserAdviser or any Portfolio Manager.
Appears in 1 contract
Samples: Sub Advisory Agreement (Allianz Funds Multi-Strategy Trust)
