Common use of Duration and Termination of the Agreement Clause in Contracts

Duration and Termination of the Agreement. This Agreement shall become effective upon its execution; provided, however, that this Agreement shall not become effective unless it has first been approved (a) by a vote of the Independent Trustees, cast in person at a meeting called for the purpose of voting on such approval, and (b) by an affirmative vote of a majority of the outstanding voting shares of the Fund. This Agreement shall remain in full force and effect continuously thereafter, except as follows:

Appears in 21 contracts

Samples: Subadvisory Agreement (Heritage Growth & Income Trust), Subadvisory Agreement (Potomac Funds), Subadvisory Agreement (Potomac Funds)

AutoNDA by SimpleDocs

Duration and Termination of the Agreement. This Agreement shall become effective upon its execution; provided, however, that this Agreement shall not become effective with respect to any Portfolio now existing or hereafter created unless it has first been approved (a) by a vote of the Independent Trustees, cast in person at a meeting called for the purpose of voting on such approval, and (b) if required under the 1940 Act, by an affirmative vote of a majority of the outstanding voting shares of the Fundthat Portfolio. This Agreement shall remain in full force and effect continuously thereafter, except thereafter without the payment of any penalty as follows:

Appears in 17 contracts

Samples: Subadvisory Agreement (Carillon Series Trust), Subadvisory Agreement (Eagle Capital Appreciation Fund), Subadvisory Agreement (Carillon Series Trust)

Duration and Termination of the Agreement. This Agreement shall become effective upon its execution; provided, however, that this Agreement shall not become effective unless it has first been approved (a) by a vote of the Independent Trustees, cast in person at a meeting called for the purpose of voting on such approval, and (b) if required under the 1940 Act, by an affirmative vote of a majority of the outstanding voting shares of the Fund. This Agreement shall remain in full force and effect continuously thereafter, except as follows:

Appears in 14 contracts

Samples: Sub Advisory Agreement (Capitol Series Trust), Sub Sub Advisory Agreement (Capitol Series Trust), Sub Advisory Agreement (Capitol Series Trust)

Duration and Termination of the Agreement. This Agreement shall become effective upon its execution; provided, however, that this Agreement shall not become effective unless it has first been approved in accordance with 1940 Act requirements (a) and related rules and interpretations), either by a vote of the Independent Trustees, cast in person at a meeting called for Trustees or the purpose of voting on such approval, and (b) by an affirmative vote of a majority of the outstanding voting shares shareholders of the Fund. This Agreement shall remain in full force and effect continuously thereafter, except as follows:

Appears in 6 contracts

Samples: Subadvisory Agreement (Direxion Funds), Form of Subadvisory Agreement (Direxion Funds), Subadvisory Agreement (Direxion Funds)

Duration and Termination of the Agreement. 9.1. This Agreement shall become effective upon its execution; providedas of the date first written above and shall remain in force from year to year thereafter, howeverbut only so long as such continuance is specifically approved at least annually by (i) the Fund's Board of Trustees or by the vote of a majority of the outstanding voting securities of the Fund, that and (ii) by the vote of a majority of those Trustees who are not parties to this Agreement shall not become effective unless it has first been approved (a) by a vote or interested persons of the Independent Trusteesany such party, cast in person at a meeting or meetings called for the purpose of voting on such approval, and (b) by an affirmative vote of a majority of the outstanding voting shares of the Fund. This Agreement shall remain in full force and effect continuously thereafter, except as follows:.

Appears in 6 contracts

Samples: Third Avenue Real Estate Value Fund Distribution Agreement (Third Avenue Trust), Third Avenue Value Fund Distribution Agreement (Third Avenue Trust), Distribution Agreement (Third Avenue Trust)

Duration and Termination of the Agreement. 10.1. This Agreement shall become effective upon its execution; providedas of the date first written above and shall remain in force from year to year thereafter, howeverbut only so long as such continuance is specifically approved at least annually by (i) the Fund’s Board of Trustees or by the vote of a majority of the outstanding voting securities of the Fund, that and (ii) by the vote of a majority of those Trustees who are not parties to this Agreement shall not become effective unless it has first been approved (a) by a vote or interested persons of the Independent Trusteesany such party, cast in person at a meeting or meetings called for the purpose of voting on such approval, and (b) by an affirmative vote of a majority of the outstanding voting shares of the Fund. This Agreement shall remain in full force and effect continuously thereafter, except as follows:.

Appears in 6 contracts

Samples: Third Avenue Small Cap Value Fund Distribution Agreement (Third Avenue Trust), Value Fund Distribution Agreement (Third Avenue Trust), Third Avenue Real Estate Value Fund Distribution Agreement (Third Avenue Trust)

Duration and Termination of the Agreement. This Agreement shall become effective upon its execution; provided, however, that this Agreement shall not become effective with respect to any Portfolio now existing or hereafter created unless it has first been approved (a) by a vote of the Independent Trustees, cast in person at a meeting called for the purpose of voting on such approval, and (b) by an affirmative vote of a majority of the outstanding voting shares of the Fundthat Portfolio. This Agreement shall remain in full force and effect continuously thereafter, except thereafter without the payment of any penalty as follows:

Appears in 5 contracts

Samples: Subadvisory Agreement (Heritage Capital Appreciation Trust), Subadvisory Agreement (Heritage Series Trust), Subadvisory Agreement (Heritage Series Trust)

Duration and Termination of the Agreement. This Agreement shall become effective with respect to the Fund upon its execution; provided, however, that this Agreement shall not become effective unless it first has first been approved (a) by a vote of the Independent Trustees, cast in person at a meeting called for the purpose of voting on such approval, and (b) by an affirmative vote of a majority of the outstanding voting shares of the Fund. This Agreement shall remain in full force and effect with respect to the Fund continuously thereafter, except thereafter as follows:

Appears in 3 contracts

Samples: Sub Advisory Agreement (Payden & Rygel Investment Group), Payden & Rygel Investment Group, Payden & Rygel Investment Group

Duration and Termination of the Agreement. This Agreement shall become effective upon its execution; provided, however, that this Agreement shall not become effective with respect to any Portfolio now existing or hereafter created unless it first has first been approved (a) by a vote of the Independent Trustees, cast in person at a meeting called for the purpose of voting on such approval, and (b) by an affirmative vote of a majority of the outstanding voting shares of the Fundthat Portfolio. This Agreement shall remain in full force and effect continuously thereafter, except thereafter without the payment of any penalty as follows:

Appears in 2 contracts

Samples: Heritage Series Trust Subadvisory Agreement (Heritage Series Trust), Heritage Series Trust Subadvisory Agreement (Heritage Series Trust)

Duration and Termination of the Agreement. This Agreement shall become effective with respect to each Fund upon its execution; provided, however, that this Agreement shall not become effective unless it first has first been approved (a) by a vote of the Independent Trustees, cast in person at a meeting called for the purpose of voting on such approval, and (b) by an affirmative vote of a majority of the outstanding voting shares of the Fund. This Agreement shall remain in full force and effect with respect to each Fund continuously thereafter, except thereafter as follows:

Appears in 2 contracts

Samples: Sub Advisory Agreement (Payden & Rygel Investment Group), Paydenfunds

Duration and Termination of the Agreement. 9.1. This Agreement shall become effective upon its execution; providedas of the date first written above and shall remain in force from year to year thereafter, howeverbut only so long as such continuance is specifically approved at least annually by (i) the Fund's Board of Trustees or by the vote of a majority of the outstanding voting securities of the Fund, that and (ii) by the vote of a majority of those trustees who are not parties to this Agreement shall not become effective unless it has first been approved (a) by a vote or interested persons of the Independent Trusteesany such party, cast in person at a meeting or meetings called for the purpose of voting on such approval, and (b) by an affirmative vote of a majority of the outstanding voting shares of the Fund. This Agreement shall remain in full force and effect continuously thereafter, except as follows:.

Appears in 2 contracts

Samples: Distribution Agreement (Third Avenue Trust), Distribution Agreement (Third Avenue Trust)

Duration and Termination of the Agreement. This Agreement shall become effective upon its execution; provided, however, that this Agreement shall not become effective unless it has first been approved (a) by a vote of the Independent Trustees, cast in person at a meeting called for the purpose of voting on such approval, and (b) by an affirmative vote of a majority of the outstanding voting shares of the a Fund. This Agreement shall remain in full force and effect continuously thereafter, except as follows:

Appears in 2 contracts

Samples: Subadvisory Agreement (Potomac Funds), Subadvisory Agreement (Potomac Insurance Trust)

AutoNDA by SimpleDocs

Duration and Termination of the Agreement. This Agreement shall become effective upon its execution; provided, however, that this Agreement shall not become effective unless it has first been approved (a) by a vote of the Independent Trustees, cast in person at a meeting called for the purpose of voting on such approval, and (b) by an affirmative vote of a majority of the outstanding voting shares of the Fund. This Agreement shall remain in full force and effect continuously thereafter, except as follows:such

Appears in 1 contract

Samples: Equity Fund Subadvisory Agreement (Heritage Series Trust)

Duration and Termination of the Agreement. This Agreement shall become effective upon its execution; provided, however, that this Agreement shall not become effective unless it first has first been approved (a) by a vote of the Independent Trustees, cast in person at a meeting called for the purpose of voting on such approval, and (b) by an affirmative vote of a majority of the outstanding voting shares of the Fund. This Agreement shall remain in full force and effect continuously thereafter, except thereafter as follows:

Appears in 1 contract

Samples: Subadvisory Agreement (Payden & Rygel Investment Group)

Duration and Termination of the Agreement. 9.1. This Agreement shall become effective upon its execution; providedas of the date first written above and shall remain in force from year to year thereafter, howeverbut only so long as such continuance is specifically approved at least annually by (i) the Fund's Board of Directors or by the vote of a majority of the outstanding voting securities of the Fund, that and (ii) by the vote of a majority of those directors who are not parties to this Agreement shall not become effective unless it has first been approved (a) by a vote or interested persons of the Independent Trusteesany such party, cast in person at a meeting or meetings called for the purpose of voting on such approval, and (b) by an affirmative vote of a majority of the outstanding voting shares of the Fund. This Agreement shall remain in full force and effect continuously thereafter, except as follows:.

Appears in 1 contract

Samples: Distribution Agreement (Third Avenue Trust)

Duration and Termination of the Agreement. This Agreement shall become effective with respect to the Fund upon its execution; provided, however, that this Agreement shall not become effective unless it first has first been approved (a) by a vote of the Board and the members of the Board that are not interested persons of the Fund (“Independent TrusteesDirectors”), cast in person at a meeting called for the purpose of voting on such approval, and (b) by an affirmative vote of a majority of the outstanding voting shares of the Fund. This Agreement shall remain in full force and effect with respect to the Fund continuously thereafter, except thereafter unless terminated as follows:

Appears in 1 contract

Samples: Sub Advisory Agreement (Kiewit Investment Fund LLLP)

Duration and Termination of the Agreement. This Agreement shall become effective upon its execution; provided, however, that this Agreement shall not become effective unless it has first been approved (a) by a vote of the Independent Trustees, cast in person at a meeting called for the purpose of voting on such approval, and (b) by an affirmative vote of a majority of the outstanding voting shares of the each Fund. This Agreement shall remain in full force and effect continuously thereafter, except as follows:

Appears in 1 contract

Samples: Form of Subadvisory Agreement (Potomac Funds)

Duration and Termination of the Agreement. This Agreement shall become effective upon its execution; provided, however, that this Agreement shall not become effective unless it has first been approved (a) by a vote of the Independent Trustees, cast in person at a meeting called for the purpose of voting on such approval, and (b) by an affirmative vote of a majority of the outstanding voting shares of the Fund. This Agreement shall remain in full force and effect continuously thereafter, except as follows:

Appears in 1 contract

Samples: Subadvisory Agreement (Heritage Income Trust)

Duration and Termination of the Agreement. This Agreement shall become effective upon its executionthe Effective Date; provided, however, that this Agreement shall not become effective unless it has first been approved (a) in accordance with 1940 Act, either by a vote of the Independent Trustees, cast in person at a meeting called for Trustees or the purpose of voting on such approval, and (b) by an affirmative vote of a majority shareholders of the outstanding voting shares of the FundFund or both, as applicable. This Agreement shall remain in full force and effect continuously thereafter, except as follows:

Appears in 1 contract

Samples: Subadvisory Agreement (Direxion Shares ETF Trust)

Time is Money Join Law Insider Premium to draft better contracts faster.