Effectiveness and Termination of Agreement. This Agreement shall be effective as of the later of the date of execution on behalf of Board or Delegate and shall remain in effect until terminated as provided herein. This Agreement may be terminated at any time, without penalty, by written notice from the terminating party to the non-terminating party. Termination will become effective 30 days after receipt by the non-terminating party of such notice.
Effectiveness and Termination of Agreement. This Agreement shall become effective upon the execution and delivery of this Agreement by the parties hereto. This Agreement may be terminated at any time prior to the Time of Purchase by the Representatives if, prior to such time, any of the following events shall have occurred: (i) trading in the Company’s securities shall have been suspended by the Commission or the New York Stock Exchange (“NYSE”) or trading in securities generally on the NYSE shall have been suspended or limited or minimum prices shall have been established on such exchange; (ii) a banking moratorium shall have been declared either by U.S. federal or New York State authorities; (iii) any material disruption of securities settlement or clearance services; or (iv) any outbreak or escalation of hostilities, declaration by the United States of a national emergency or war or other calamity, crisis or disruption in financial markets, the effect of which on the financial markets of the United States is such as to impair, in the judgment of the Representatives, the marketability of the Securities. If the Representatives elect to terminate this Agreement, as provided in this Section 9, the Representatives will promptly notify the Company and each other Underwriter by telephone or facsimile, confirmed by letter. If this Agreement shall not be carried out by any Underwriter for any reason permitted hereunder, or if the sale of the Securities to the Underwriters as herein contemplated shall not be carried out because the Company is not able to comply with the terms hereof, the Company shall not be under any obligation under this Agreement except as provided in Section 4(l) hereof and shall not be liable to any Underwriter or to any member of any selling group for the loss of anticipated profits from the transactions contemplated by this Agreement and the Underwriters shall be under no liability to the Company nor be under any liability under this Agreement to one another. Notwithstanding the foregoing, the provisions of Section 4(j) hereof, Section 4(k) hereof, Section 4(l) hereof, Section 7 hereof and Section 8 hereof shall survive termination of this Agreement.
Effectiveness and Termination of Agreement. This Agreement shall become effective at the close of business on the date set forth in the first paragraph of this Agreement and shall remain in force and effect, through December 31, 2001, unless earlier terminated under the provisions of Section 9. Following the expiration of its initial term, the Agreement shall continue in force and effect for one year periods, provided such continuance is specifically approved at least annually by the Fund's trustees, or by the vote of a majority of the Fund's outstanding voting securities (as defined in Section 2(a)(42) of the 1940 Act).
Effectiveness and Termination of Agreement. This Agreement shall be effective as of the later of the date of execution on behalf of Board or Delegate and shall remain in effect until terminated as provided herein. This Agreement may be terminated at any time, without penalty, by written notice from the terminating party to the non-terminating party. Termination by the Fund will become effective 90 days after receipt by the Bank of such notice; and termination by the Bank will become effective 180 days after receipt by the Fund of such notice.
Effectiveness and Termination of Agreement. 7.1 All Appendices to this Agreement shall form a part of this Agreement. This Agreement and its Appendices shall come into force from the date of signature by the Parties. No modification hereto shall be effective unless in writing and signed by both parties.
Effectiveness and Termination of Agreement. This Agreement shall come into force on the date of this Agreement. Upon the occurrence of any of the following events within the period between the execution of this Agreement and the Closing Date (including the Closing Date), this Agreement shall be terminated:
Effectiveness and Termination of Agreement. 1. The Parties agree that this agreement shall become effective upon fulfilment of all the following criteria:
Effectiveness and Termination of Agreement. This Agreement shall become effective at the close of business on the date set forth in the first paragraph of this Agreement and shall remain in force and effect, through November 30, 2002, unless earlier terminated under the provisions of Section 9. Following the expiration of its initial term, the Agreement shall continue in force and effect for one-year periods, provided such continuance is specifically approved at least annually by the Fund's Board of Directors, or by the vote of a majority of the Fund's outstanding voting securities (as defined in Section 2(a)(42) of the 1940 Act), and approved by vote of a majority of Directors who are not parties to this Agreement or interested persons (as defined in Section 2(a)(19) of the 1940 Act) of the Fund or of ING, cast in person at a meeting called fox xxx xxrpose of voting on such approval. This Agreement will automatically terminate in the event of its assignment.
Effectiveness and Termination of Agreement. This Agreement shall become effective at the close of business on the date set forth in the first paragraph of this Agreement and shall remain in force and effect, through_________________, unless earlier terminated under the provisions of Section 9. Following the expiration of its initial term, the Agreement shall continue in force and effect for one-year periods, provided such continuance is specifically approved at least annually by the Fund's Board of Directors, or by the vote of a majority of the Fund's outstanding voting securities (as defined in Section 2(a)(42) of the 1940 Act), and approved by vote of a majority of Directors who are not parties to this Agreement or interested persons (as defined in Section 2(a)(19) of the 0000 Xxx) of the Fund or of Aetna, cast in person at a meeting called for the purpose of voting on such approval. This Agreement will automatically terminate in the event of its assignment.
Effectiveness and Termination of Agreement. 29 4.1 Effectiveness...............................................29 4.2 Termination.................................................29 ARTICLE V. GENERAL............................................................29
