Effective Date; Duration; Continuance Clause Samples
The 'Effective Date; Duration; Continuance' clause establishes when an agreement begins, how long it remains in force, and the conditions under which it continues or ends. Typically, this clause specifies a calendar date or event that triggers the start of the contract, outlines a fixed term or ongoing period, and may address automatic renewals or extensions. Its core function is to provide clear boundaries for the contractual relationship, ensuring both parties understand when their rights and obligations commence and conclude, thereby preventing disputes over timing and continuity.
POPULAR SAMPLE Copied 1 times
Effective Date; Duration; Continuance. (a) This Agreement shall become effective on January 1, 2020.
(b) Subject to prior termination pursuant to Section 8.2 below, this Agreement shall continue in force until the next annual renewal, and indefinitely thereafter, but only so long as the continuance after such date shall be specifically approved at least annually by vote of the Trustees or by a vote of a majority of the outstanding voting securities of the Fund, provided that in either event such continuance shall also be approved by the vote of a majority of the Trustees who are not “interested persons” (as such term is defined in the Investment Company Act) of any party to this Agreement cast in person at a meeting called for the purpose of voting on such approval.
(c) Except to the extent that the Trust has obtained and/or relies upon an exemptive order of the Commission or a no-action letter of the staff of the Commission providing relief from the requirement to obtain shareholder approval of this Agreement, the required shareholder approval of this Agreement or any continuance of this Agreement shall be effective with respect to the Fund if a majority of the outstanding voting securities of the series (as defined in Rule 18f-2(h) under the Investment Company Act) of shares of the Fund votes to approve this Agreement or its continuance.
Effective Date; Duration; Continuance. (a) Subject to prior termination pursuant to Section 6.2 below, this Agreement shall begin as of the date of its execution and shall continue in effect for a period of two years from the date hereof and indefinitely thereafter, but only so long as the continuance after such date shall be specifically approved at least annually by vote of the Trustees or by a vote of a majority of the outstanding voting securities of the Trust, provided that in either event such continuance shall also be approved by the vote of a majority of the Trustees who are not “interested persons” of any party to this Agreement cast in person at a meeting called for the purpose of voting on such approval.
(b) Unless otherwise permitted under an exemptive order or other position issued by the U.S. Securities and Exchange Commission (the “Commission”), the required shareholder approval of this Agreement or any continuance of this Agreement, if required, shall be effective with respect to the Trust if a majority of the outstanding voting securities of the Fund votes to approve this Agreement or its continuance.
Effective Date; Duration; Continuance. (a) This Agreement shall become effective on May 1, 2001.
(b) Subject to prior termination pursuant to Section 8.2 below, this Agreement shall continue in force until July 31, 2002, and indefinitely thereafter, but only so long as the continuance after such date shall be specifically approved at least annually by vote of the Trustees or by a vote of a majority of the outstanding voting securities of the Portfolio, provided that in either event such continuance shall also be approved by the vote of a majority of the Trustees who are not "interested persons" (as such term is defined in the Investment Company Act) of any party to this Agreement cast in person at a meeting called for the purpose of voting on such approval.
(c) The required shareholder approval of this Agreement or any continuance of this Agreement shall be effective with respect to the Portfolio if a majority of the outstanding voting securities of the series (as defined in Rule 18f-2(h) under the Investment Company Act) of shares of the Portfolio votes to approve this Agreement or its continuance.
Effective Date; Duration; Continuance. (a) This Agreement shall become effective on January 19, 2022.
(b) Subject to prior termination pursuant to Section 9.2 below, this Agreement shall continue in force for two years from the date of execution, and indefinitely thereafter, but only so long as the continuance after such date shall be specifically approved at least annually by vote of the Trustees or by a vote of a majority of the outstanding voting securities of the Fund, provided that in either event such continuance shall also be approved by the vote of a majority of the Trustees who are not “interested persons” (as such term is defined in the Investment Company Act) of any party to this Agreement cast in person at a meeting called for the purpose of voting on such approval (to the extent required by the Investment Company Act).
(c) Except to the extent that the Trust has obtained and/or relies upon an exemptive order of the Commission or a no-action letter of the staff of the Commission providing relief from the requirement to obtain shareholder approval of this Agreement, the required shareholder approval of this Agreement or any continuance of this Agreement shall be effective with respect to the Fund if a majority of the outstanding voting securities of the series (as defined in Rule 18f-2(h) under the Investment Company Act) of shares of the Fund votes to approve this Agreement or its continuance.
Effective Date; Duration; Continuance. This Agreement shall become effective on _________, 1997.
Effective Date; Duration; Continuance. This Agreement shall become effective on November 5, 1997.
Effective Date; Duration; Continuance. (a) Subject to prior termination pursuant to Section 6.2 below, this Agreement shall begin as of the date of its execution and shall continue in effect for a period of two years from the date hereof and indefinitely thereafter, but only so long as the continuance after such date shall be specifically approved at least annually by vote of the Trustees or by a vote of a majority of the outstanding voting securities of the Trust, provided that in either event such continuance shall also be approved by the vote of a majority of the Trustees who are not "interested persons" of any party to this Agreement cast in person at a meeting called for the purpose of voting on such approval.
(b) Unless otherwise permitted under an exemptive order or other position issued by the U.S. Securities and Exchange Commission (the "Commission"), the required shareholder approval of this Agreement or any continuance of this Agreement, if required, shall be effective with respect to the Trust if a majority of the outstanding voting securities of the Fund votes to approve this Agreement or its continuance.
Effective Date; Duration; Continuance. (a) This Agreement shall become effective on ______________, provided that this Agreement shall not take effect unless it has first been approved (i) by a vote of a majority of those trustees of the Trust who are not parties to this Agreement or "interested persons" (as defined in the ▇▇▇▇ ▇▇▇) of any such party, and (ii) by vote of a majority of the Fund's outstanding voting securities.
(b) Subject to prior termination pursuant to Section 8.2 below, this Agreement shall continue in effect for two (2) years following the effective date, and indefinitely thereafter, but only so long as the continuance after such date shall be specifically approved at least annually (i) by vote of the Board or by a vote of a majority of the outstanding voting securities of the Fund, and (ii) by the vote of a majority of the trustees of the Trust who are not "interested persons" (as defined in the ▇▇▇▇ ▇▇▇) of any party to this Agreement, cast in person at a meeting called for the purpose of voting on such approval.
(c) If any continuance of this Agreement is not obtained, Subadvisor will continue to act as the Fund's investment subadvisor pending the required approval of the continuance of this Agreement or of a new contract with Subadvisor or a different subadvisor or other definitive action; provided, that the compensation received by Subadvisor during such period is in compliance with Rule 15a-4 under the 1940 Act or any successor provision.
Effective Date; Duration; Continuance. (a) This Agreement shall become effective on April 1, 2010.
(b) Subject to prior termination pursuant to Section 8.2 below, this Agreement shall continue in force for two years from the date of execution, and indefinitely thereafter, but only so long as the continuance after such initial two-year term shall be specifically approved at least annually by the vote of the Board of Directors or by a vote of a majority of the outstanding voting securities of the Fund as required by applicable law or any exemption therefrom obtained by the Fund.
Effective Date; Duration; Continuance. (a) Subject to prior termination pursuant to Section 6.2 below, this Agreement shall begin as of the date of its execution and shall continue in effect for a period of two years from the date hereof and indefinitely thereafter, but only so long as the continuance after such date shall be specifically approved at least annually by vote of the Trustees or by a vote of a majority of the outstanding voting securities of the Fund, provided that in either event such continuance shall also be approved by the vote of a majority of the Trustees who are not "interested persons" of any party to this Agreement cast in person at a meeting called for the purpose of voting on such approval.