Common use of ASSIGNMENT TERMINATES THIS CONTRACT; AMENDMENTS OF THIS CONTRACT Clause in Contracts

ASSIGNMENT TERMINATES THIS CONTRACT; AMENDMENTS OF THIS CONTRACT. This Contract shall automatically terminate, without the payment of any penalty, in the event of its assignment. This Contract may be amended only if such amendment be approved either by action of the Trustees of the Trust or at a meeting of the shareholders of the Trust by the affirmative vote of a majority of the outstanding shares of the Trust, and by a majority of the Trustees of the Trust who are not interested persons of the Trust and who have no direct or indirect financial interest in the operation of the Plans or this Contract by vote cast in person at a meeting called for the purpose of voting on such approval.

Appears in 32 contracts

Samples: Distribution Contract (Pimco Funds), Distribution Contract (Pimco Funds), Distribution Contract (Allianz Funds)

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ASSIGNMENT TERMINATES THIS CONTRACT; AMENDMENTS OF THIS CONTRACT. This Contract shall automatically terminate, without the payment of any penalty, in the event of its assignment. This Contract may be amended only if such amendment be approved either by action of the Trustees of the Trust or at a meeting of the shareholders of the Trust by the affirmative vote of a majority of the outstanding shares of the Trust, and by a majority of the Trustees of the Trust who are not interested persons of the Trust and who have no direct or indirect financial interest in the operation of the Plans Distribution Plan or this Contract by vote cast in person at a meeting called for the purpose of voting on such approval.

Appears in 8 contracts

Samples: Distribution Agreement (Quantitative Group of Funds), Terms and Conditions of Distribution Agreement (Quantitative Group of Funds), Distribution Agreement (Quantitative Group of Funds)

ASSIGNMENT TERMINATES THIS CONTRACT; AMENDMENTS OF THIS CONTRACT. This Contract shall automatically terminate, without the payment of any penalty, in the event of its assignment. This Contract may be amended only if such amendment be approved (i) either (x) by action of the Trustees of the Trust or (y) at a meeting of the shareholders of the Trust by the affirmative vote of a majority of the outstanding shares of the Trust, and (ii) by a majority of the Trustees of the Trust who are not interested persons of the Trust and who have no direct or indirect financial interest in the operation of the Plans or this Contract by vote cast in person at a meeting called for the purpose of voting on such approval.

Appears in 7 contracts

Samples: Distribution Contract (Allianz Funds Multi-Strategy Trust), Distribution Contract (Allianz Funds Multi-Strategy Trust), Distribution Contract (Allianz Funds Multi-Strategy Trust)

ASSIGNMENT TERMINATES THIS CONTRACT; AMENDMENTS OF THIS CONTRACT. This Contract shall automatically terminate, without the payment of any penalty, in the event of its assignment. This Contract may be amended only if such amendment be approved either by action of the Trustees of the Trust or at a meeting of the shareholders of the Trust by the affirmative vote of a majority of the outstanding shares of the Trust, and by a majority of the Trustees of the Trust who are not interested persons of the Trust and who have no direct or indirect financial interest in the operation of the Plans any Plan or this Contract by vote cast in person at a meeting called for the purpose of voting on such approval.

Appears in 6 contracts

Samples: Distribution Contract (Pimco Variable Insurance Trust), Distribution Contract (PIMCO Equity Series VIT), Distribution Contract (PIMCO Equity Series VIT)

ASSIGNMENT TERMINATES THIS CONTRACT; AMENDMENTS OF THIS CONTRACT. This Contract shall automatically terminateterminate with respect to a Fund, without the payment of any penalty, in the event of its assignmentassignment with respect to that Fund. This Contract may be amended only if such amendment be approved either by action of the Trustees of the Trust Fund or at a meeting of the shareholders of the Trust Fund by the affirmative vote of a majority of the outstanding shares Shares of the TrustFund, and by a majority of the Trustees of the Trust Fund who are not interested persons of the Trust Fund and who have no direct or indirect financial interest in the operation of the Plans any Plan or this Contract by vote cast in person at a meeting called for the purpose of voting on such approval.

Appears in 6 contracts

Samples: Distribution Contract (PIMCO Flexible Real Estate Income Fund), Distribution Contract (PIMCO Flexible Credit Income Fund), Distribution Contract (PIMCO California Flexible Municipal Income Fund)

ASSIGNMENT TERMINATES THIS CONTRACT; AMENDMENTS OF THIS CONTRACT. This Contract shall automatically terminate, without the payment of any penalty, in the event of its assignment. This Contract may be amended only if such amendment be approved either by action of the Trustees of the Trust or at a meeting of the shareholders of the Trust relevant Fund by the affirmative vote of a majority of the outstanding shares of the Trustsuch Fund, and by a majority of the Trustees of the Trust who are not interested persons of the Trust and who have no direct or indirect financial interest in the operation of the Plans or this Contract Pxxxxx by vote cast in person at a meeting called for the purpose of voting on such approval.

Appears in 4 contracts

Samples: Distributor's Contract (Putnam RetirementReady Funds), Putnam Funds Trust (Putnam Funds Trust), Putnam Funds Trust

ASSIGNMENT TERMINATES THIS CONTRACT; AMENDMENTS OF THIS CONTRACT. This Contract shall automatically terminate, without the payment of any penalty, in the event of its assignment. This Contract may be amended only if such amendment be approved either by action of the Trustees of the Trust or at a meeting of the shareholders of the Trust by the affirmative vote of a majority of the outstanding shares Shares of the Trust, and by a majority of the Trustees of the Trust who are not interested persons of the Trust and who have no direct or indirect financial interest in the operation of the Plans any Plan or this Contract by vote cast in person at a meeting called for the purpose of voting on such approval.

Appears in 2 contracts

Samples: Distribution Contract (PIMCO Flexible Credit Income Fund), Distribution Contract (PIMCO Flexible Credit Income Fund)

ASSIGNMENT TERMINATES THIS CONTRACT; AMENDMENTS OF THIS CONTRACT. This Contract shall automatically terminate, without the payment of any penalty, in the event of its assignment. This Contract may be amended only if such amendment be approved either by action of the Trustees of the Trust or at a meeting of the shareholders of the Trust affected Fund or Funds by the affirmative vote of a majority of the outstanding shares of the Trustsuch Fund or Funds, and by a majority of the Trustees of the Trust who are not interested persons of the Trust and who have no direct or indirect financial interest in the operation of the Plans or this Contract Principal Underwriter by vote cast in person at a meeting called for the purpose of voting on such approval.

Appears in 1 contract

Samples: DLB Fund Group

ASSIGNMENT TERMINATES THIS CONTRACT; AMENDMENTS OF THIS CONTRACT. This Contract shall automatically terminate, without the payment of any penalty, in the event of its assignment. This Contract may be amended only if such amendment be is approved (i) either (x) by action of the Trustees of the Trust or (y) at a meeting of the shareholders of the Trust by the affirmative vote of a majority of the outstanding shares of the Trust, and (ii) by a majority of the Trustees of the Trust who are not interested persons of the Trust and who have no direct or indirect financial interest in the operation of the Plans or this Contract by vote cast in person at a meeting called for the purpose of voting on such approval.

Appears in 1 contract

Samples: Distribution Contract (Ashmore Funds)

ASSIGNMENT TERMINATES THIS CONTRACT; AMENDMENTS OF THIS CONTRACT. This Contract shall automatically terminate, without the payment of any penalty, in the event of its assignment. This Contract may be amended only if such amendment be approved either by action of the Trustees Directors of the Trust Company or at a meeting of the shareholders of the Trust respective Funds by the affirmative vote of a majority of the outstanding shares of the Trustsuch Fund, and by a majority of the Trustees Directors of the Trust Company who are not interested persons of the Trust and who have no direct Funds or indirect financial interest in the operation of the Plans or this Contract WON & Co. by vote cast in person at a meeting called for the purpose of voting on such approval.

Appears in 1 contract

Samples: S Agreement (New Usa Mutual Funds Inc)

ASSIGNMENT TERMINATES THIS CONTRACT; AMENDMENTS OF THIS CONTRACT. This ----------------------------------------------------------------- Contract shall automatically terminate, without the payment of any penalty, in the event of its assignment. This Contract may be amended only if such amendment be approved either by action of the Trustees of the Trust or at a meeting of the shareholders of the Trust by the affirmative vote of a majority of the outstanding shares of the Trust, and by a majority of the Trustees of the Trust who are not interested persons of the Trust and who have no direct or indirect financial interest in the operation of the Plans Distribution Plan or this Contract by vote cast in person at a meeting called for the purpose of voting on such approval.

Appears in 1 contract

Samples: Distribution Agreement (Quantitative Group of Funds)

ASSIGNMENT TERMINATES THIS CONTRACT; AMENDMENTS OF THIS CONTRACT. This Contract shall automatically terminate, without the payment of any penalty, in the event of its assignment. This Contract may be amended only if such amendment be approved (i) either (x) by action of the Trustees of the Trust or (y) at a meeting of the shareholders of the Trust by the affirmative vote of a majority of the outstanding shares of the Trust, and (ii) by a majority of the Trustees of the Trust who are not interested persons of the Trust and who have no direct or indirect financial interest in the operation of the Plans Plan or this Contract by vote cast in person at a meeting called for the purpose of voting on such approval.

Appears in 1 contract

Samples: Distribution Contract (Premier Multi-Series VIT)

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ASSIGNMENT TERMINATES THIS CONTRACT; AMENDMENTS OF THIS CONTRACT. This Contract shall automatically terminate, without the payment of any penalty, in the event of its assignmentassignment (as defined in the 1940 Act). This Contract may be amended only if such amendment be is approved either by action of the Trustees of the Trust or at a meeting of the shareholders of the Trust by the affirmative vote of a majority of the outstanding shares of the Trust, and by a majority of the Trustees of the Trust who are not interested persons of the Trust and who have no direct or indirect financial interest in the operation of the Plans any Plan or this Contract by vote cast in person at a meeting called for the purpose of voting on such approval.

Appears in 1 contract

Samples: Distribution Contract (PIMCO Managed Accounts Trust)

ASSIGNMENT TERMINATES THIS CONTRACT; AMENDMENTS OF THIS CONTRACT. This Contract shall automatically terminate, without the payment of any penalty, in the event of its assignment. This Contract may be amended only by mutual consent of the parties provided that, if required by law, such amendment may only be approved either by action of the Trustees of the Trust or at a meeting of the shareholders of the Trust Fund by the affirmative vote of a majority of the outstanding shares of the TrustFund, and by a majority of the Trustees of the Trust who are not interested persons of the Trust and who have no direct or indirect financial interest in the operation of the Plans or this Contract by vote cast in person at a meeting called for the purpose of voting on such approval.

Appears in 1 contract

Samples: Distribution Contract (Fixed Income Shares)

ASSIGNMENT TERMINATES THIS CONTRACT; AMENDMENTS OF THIS CONTRACT. This Contract shall automatically terminate, without the payment of any penalty, in the event of its assignment. This Contract may be amended only if such amendment be approved (i) either (x) by action of the Trustees of the Trust or (y) at a meeting of the shareholders of the Trust by the affirmative vote of a majority of the outstanding shares of the Trust, and (ii) by a majority of the Trustees of the Trust who are not interested persons of the Trust and who have no direct or indirect financial interest in the operation of the Plans or this Contract by vote cast in person at a meeting called for the purpose of voting on such approval.

Appears in 1 contract

Samples: Distribution Contract (AllianzGI Institutional Multi-Series Trust)

ASSIGNMENT TERMINATES THIS CONTRACT; AMENDMENTS OF THIS CONTRACT. This Contract shall automatically terminate, without the payment of any penalty, in the event of its assignment. This Contract may be amended only if such amendment be approved either by action of the Trustees of the Trust Fund or at a meeting of the shareholders of the Trust Fund by the affirmative vote of a majority of the outstanding shares of the TrustFund, and by a majority of the Trustees of the Trust Fund who are not interested persons of the Trust and who have no direct Fund or indirect financial interest in the operation of the Plans or this Contract Putnam by vote cast in person at a meeting called for the purpose of voting on such approval. 12.

Appears in 1 contract

Samples: Putnam U S Government Income Trust

ASSIGNMENT TERMINATES THIS CONTRACT; AMENDMENTS OF THIS CONTRACT. This Contract shall automatically terminate, without the payment of any penalty, in the event of its assignment. This Contract may be amended only if such amendment be approved (i) either (x) by action of the Trustees of the Trust or (y) at a meeting of the shareholders of the Trust by the affirmative vote of a majority of the outstanding shares of the Trust, and (ii) by a majority of the Trustees of the Trust who are not interested persons of the Trust and who have no direct or indirect financial interest in the operation of the Plans a Plan or this Contract by vote cast in person at a meeting called for the purpose of voting on such approval.

Appears in 1 contract

Samples: Allianz RCM Global EcoTrends Fund

ASSIGNMENT TERMINATES THIS CONTRACT; AMENDMENTS OF THIS CONTRACT. This Contract shall automatically terminate, without the payment of any penalty, in the event of its assignment. This Contract may be amended only if such amendment be approved either by action of the Trustees of the Trust or at a meeting of the shareholders of the Trust affected Fund or Funds by the affirmative vote of a majority of the outstanding shares of the Trustsuch Fund or Funds, and by a majority of the Trustees of the Trust who are not interested persons of the Trust and who have no direct or indirect financial interest in the operation of the Plans or this Contract Distributor by vote cast in person at a meeting called for the purpose of voting on such approval.

Appears in 1 contract

Samples: Schroder Series Trust

ASSIGNMENT TERMINATES THIS CONTRACT; AMENDMENTS OF THIS CONTRACT. This Contract shall automatically terminate, without the payment of any penalty, in the event of its assignment. This Contract may be amended only if such amendment be is approved (i) either (x) by action of the Trustees of the Trust or (y) at a meeting of the shareholders of the Trust by the affirmative vote of a majority of the outstanding shares of the Trust, and (ii) by a majority of the Trustees of the Trust who are not interested persons of the Trust and who have no direct or indirect financial interest in the operation of the Plans or this Contract by vote cast in person at a meeting called for the purpose of voting on such approval.

Appears in 1 contract

Samples: Distribution Contract (Ashmore Funds)

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