Common use of EFFECTIVE DATE AND TERMINATION OF THE Clause in Contracts

EFFECTIVE DATE AND TERMINATION OF THE. Custodian as Foreign Custody ------------------------------------------------------------------ Manager. -------- The Board's delegation to the Custodian as Foreign Custody Manager of a Portfolio shall be effective as of the date of execution of this Amendment and shall remain in effect until terminated at any time, without penalty, by written notice from the terminating party to the non-terminating party. Termination will become effective thirty days after receipt by the non-terminating party of such notice. The provisions of Section 3.3 of this Article 3 shall govern the delegation to and termination of the Custodian as Foreign Custody Manager of the Fund with respect to designated countries.

Appears in 8 contracts

Samples: Custodian Contract (Northstar Advantage Strategic Income Fund), Custodian Contract (Northstar Advantage Income Fund), Custodian Contract (Northstar Equity Trust)

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EFFECTIVE DATE AND TERMINATION OF THE. Custodian as Foreign Custody ------------------------------------------------------------------ Manager. -------- The Board's delegation to the Custodian as Foreign Custody Manager of a Portfolio the Fund shall be effective as of the date of execution of this Amendment hereof and shall remain in effect until terminated at any time, without penalty, by written notice from the terminating party to the non-terminating party. Termination will become effective thirty (30) days after receipt by the non-terminating party of such notice. The provisions of Section 3.3 of this Article 3 3.2.2 hereof shall govern the delegation to and termination of the Custodian as Foreign Custody Manager of the Fund with respect to designated countries.

Appears in 2 contracts

Samples: Custodian Contract (Nomura Pacific Basin Fund Inc), Custodian Contract (Ubs Financial Services Fund Inc)

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