Common use of Current Funds Clause in Contracts

Current Funds. With respect to each of the Funds listed on Schedule A as of April __, 2003 ("Current Funds"), this Agreement shall be effective as of the date hereof. For each Current Fund, this Agreement shall continue in effect from the date hereof, unless sooner terminated, as provided herein, for two years and shall continue from year to year thereafter, provided each continuance is specifically approved at least annually by (i) the vote of a majority of the members of the Board or (ii) a vote of a "majority" (as defined in the 0000 Xxx) of the Current Fund's outstanding voting securities, provided that in either event the continuance is also approved by a majority of the members of the Board who are not "interested persons" (as defined in the 0000 Xxx)

Appears in 1 contract

Samples: Munder Series Trust

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Current Funds. With respect to each of the Funds listed on Schedule A as of April __, 2003 ("Current Funds"), ) this Agreement shall be effective as of the date hereof. For each Current Fund, this Agreement shall continue in effect from as the date hereof, unless sooner terminated, as provided herein, for two years and shall continue from year to year thereafter, provided each continuance is specifically approved at least annually by (i) the vote of a majority of the members of the Board or (ii) a vote of a "majority" (as defined in the 0000 Xxx) of the Current Fund's outstanding voting securities, provided that in either event the continuance is also approved by a majority of the members of the Board who are not "interested persons" (as defined in the 0000 Xxx)) of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval.

Appears in 1 contract

Samples: Munder Series Trust

Current Funds. With respect to each of the Funds listed on Schedule A as of April __, 2003 ("Current Funds"), this Agreement shall be effective as of the date hereof. For each Current Fund, this Agreement shall continue in effect from the date hereof, unless sooner terminated, as provided herein, for two years and shall continue from year to year thereafter, provided each continuance is specifically approved at least annually by (i) the vote of a majority of the members of the Board or (ii) a vote of a "majority" (as defined in the 0000 Xxx) of the Current Fund's outstanding voting securities, provided that in either event the continuance is also approved by a majority of the members of the Board who are not "interested persons" (as defined in the 0000 Xxx)) of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval.

Appears in 1 contract

Samples: Munder Series Trust

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Current Funds. With respect to each of the Funds listed on Schedule A as of April __30, 2003 ("Current Funds"), this Agreement shall be effective as of the date hereof. For each Current Fund, this Agreement shall continue in effect from the date hereof, unless sooner terminated, as provided herein, for two years and shall continue from year to year thereafter, provided each continuance is specifically approved at least annually by (i) the vote of a majority of the members of the Board or (ii) a vote of a "majority" (as defined in the 0000 Xxx) of the Current Fund's outstanding voting securities, provided that in either event the continuance is also approved by a majority of the members of the Board who are not "interested persons" (as defined in the 0000 Xxx)) of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval.

Appears in 1 contract

Samples: Munder Series Trust

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