Common use of Modification and Termination Clause in Contracts

Modification and Termination. This Agreement may be modified or amended from time to time by mutual written agreement among all of the Parties. It may be terminated with respect to any one Party by not less than 60 days' written notice to the other Parties which are still parties to the Agreement. It shall terminate with respect to any Party as of the date that Party ceases to be an insured under the Policy; provided that such termination shall not affect that Party's rights and obligations hereunder with respect to any claims on behalf of that Party which are paid under the Policy by the insurer after the date the Party ceases to be an insured under the Policy.

Appears in 44 contracts

Samples: Blanket Bond Insurance Agreement (First Trust High Yield Opportunities 2027 Term Fund), Blanket Bond Insurance Agreement (First Trust Senior Floating Rate 2022 Target Term Fund), Blanket Bond Insurance Agreement (First Trust Senior Floating Rate 2022 Target Term Fund)

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Modification and Termination. This Agreement may be modified or amended from time to time by mutual written agreement among all of the Parties. It may be terminated with respect to any one Party by not less than 60 days' written notice to the other Parties which are still parties to the Agreement. It shall terminate with respect to any Party as of the date that Party ceases to be an insured assured under the Policy; provided that such termination shall not affect that Party's rights and obligations hereunder with respect to any claims on behalf of that Party which are paid under the Policy by the insurer after the date the Party ceases to be an insured under the Policy.

Appears in 18 contracts

Samples: Blanket Bond Insurance Agreement (First Trust/Four Corners Senior Floating Rate Income Fund), Blanket Bond Insurance Agreement (First Trust Strategic High Income Fund Ii), Blanket Bond Insurance Agreement (First Defined Portfolio Management Fund LLC)

Modification and Termination. This Agreement may be modified or amended from time to time by mutual written agreement among all of the Parties. It may be terminated with respect to any one Party by not less than 60 days' written notice to the other Parties which are still parties Parties to the Agreementagreement. It shall terminate with respect to any Party as of the date that Party ceases to be an insured under the Policy; provided that such termination shall not affect that Party's ’s rights and obligations hereunder with respect to any claims on behalf of that Party which are paid under the Policy by the insurer after the date the Party ceases to be an insured under the Policy.

Appears in 9 contracts

Samples: Professional Liability Insurance Policy Joint Insureds Agreement (Equitrust Series Fund Inc), Professional Liability Insurance Policy Joint Insureds Agreement (Equitrust Variable Insurance Series Fund), Professional Liability Insurance Policy (Equitrust Variable Insurance Series Fund)

Modification and Termination. This Agreement may be modified or amended from time to time by mutual written agreement among all of the Parties. It may be terminated with respect to any one Party by not less than 60 days' written notice to the other Parties which are still parties to the Agreement. It shall terminate with respect to any Party as of the date that Party ceases to be an insured under the Policy; provided that such termination shall not affect that Party's ’s rights and obligations hereunder with respect to any claims on behalf of that Party which are paid under the Policy by the insurer after the date the Party ceases to be an insured under the Policy.

Appears in 7 contracts

Samples: Insurance Agreement (First Trust Senior Floating Rate Income Fund Ii), Insurance Agreement (First Trust Senior Floating Rate Income Fund Ii), Insurance Agreement (First Trust Senior Floating Rate Income Fund Ii)

Modification and Termination. This Agreement agreement may be modified or amended from time to time time, or terminated, by mutual written agreement among all of between the Parties. It may be terminated with respect to by any one Party by upon not less than 60 days' written notice to the each other Parties which are still parties to the AgreementParty. It shall terminate with respect as to any Party as of the date on which that Party ceases to be an insured under the Policy; Bond, provided that such termination shall not affect that Party's ’s rights and obligations hereunder with respect to any claims on behalf of that Party which are paid under the Policy Bond by the insurer after the date the Party ceases to be an insured under the PolicyBond.

Appears in 3 contracts

Samples: Fidelity Bond Allocation Agreement (Artisan Funds Inc), Fidelity Bond Allocation Agreement (Artisan Funds Inc), Fidelity Bond Allocation Agreement (Artisan Funds Inc)

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Modification and Termination. This Agreement may be modified or amended from time to time by mutual written agreement among all of the Parties. It may be terminated with respect to any one Party by not less than 60 days' written notice to the other Parties which are still parties to the Agreement. It shall terminate with respect to any Party Insured as of the date that Party such Insured ceases to be an insured under the Policy; provided that such termination shall not affect that PartyInsured's rights and obligations hereunder with respect to any claims on behalf of or Insured Losses relating to a period when that Party which are paid under the Policy by the insurer after the date the Party ceases to be an Insured was insured under the Policy. This Agreement may be terminated by either Party by written notice to the other Party given not less than 60 days prior to the date specified for termination.

Appears in 2 contracts

Samples: Insurance Allocation Agreement (Calamos Global Dynamic Income Fund), Fidelity Bond Insurance Allocation Agreement (Calamos Investment Trust/Il)

Modification and Termination. This Agreement may be modified or amended from time to time by mutual written agreement among all of the Parties. It may be terminated with respect to any one Party by not less than 60 days' written notice to the other Parties which are still parties Parties to the Agreementagreement. It shall terminate with respect to any Party as of the date that Party ceases to be an insured under the Policy; provided that such termination shall not affect that Party's rights and obligations hereunder with respect to any claims on behalf of that Party which are paid under the Policy by the insurer after the date the Party ceases to be an insured under the Policy.

Appears in 2 contracts

Samples: Policy Joint Insureds Agreement (FBL Variable Insurance Series Fund), Investment Company (Equitrust Series Fund Inc)

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