Common use of Renewal and Termination Clause in Contracts

Renewal and Termination. (1) This Agreement shall continue in effect until November 30, 2004 or until a new agreement is approved by a vote of the majority of the outstanding shares of the Fund and by vote of the Fund's Board, including the vote required by (b) of this paragraph, and if no new agreement is so approved, this Agreement shall continue from year to year thereafter unless and until terminated by either party as hereinafter provided, except that such continuance shall be specifically approved at least annually (a) by the Board or by a vote of the majority of the outstanding shares of the Fund and (b) by the vote of a majority of the directors who are not parties to this Agreement or interested persons of any such party, cast in person at a meeting called for the purpose of voting on such approval. As used in this paragraph, the term "

Appears in 13 contracts

Samples: Investment Management Services Agreement (Axp Investment Series Inc), Investment Management Services Agreement (Axp Global Series Inc), Investment Management Services Agreement (Axp Dimensions Series Inc)

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Renewal and Termination. (1) This Agreement shall continue in effect until November 30, 2004 or until a new agreement is approved by a vote of the majority of the outstanding shares of the Fund Funds and by vote of the Fund's Board, including the vote required by (b) of this paragraph, and if no new agreement is so approved, this Agreement shall continue from year to year thereafter unless and until terminated by either party as hereinafter provided, except that such continuance shall be specifically approved at least annually (a) by the Board or by a vote of the majority of the outstanding shares of the Fund Funds and (b) by the vote of a majority of the directors who are not parties to this Agreement or interested persons of any such party, cast in person at a meeting called for the purpose of voting on such approval. As used in this paragraph, the term "

Appears in 7 contracts

Samples: Investment Management Services Agreement (Axp Partners Series Inc), Investment Management Services Agreement (Axp International Series Inc), Investment Management Services Agreement (Axp Strategy Series Inc)

Renewal and Termination. (1) This Agreement shall continue in effect until November 30for two years from the date of this Agreement, 2004 or until a new agreement is approved by a vote of the majority of the outstanding shares of the each Fund and by vote of the Fund's Board, including the vote required by (b) of this paragraph, and if no new agreement is so approved, this Agreement shall continue from year to year thereafter unless and until terminated by either party as hereinafter provided, except that such continuance shall be specifically approved at least annually (a) by the Board or by a vote of the majority of the outstanding shares of the Fund Funds and (b) by the vote of a majority of the directors who are not parties to this Agreement or interested persons of any such party, cast in person at a meeting called for the purpose of voting on such approval. As used in this paragraph, the term "

Appears in 6 contracts

Samples: Investment Management Services Agreement (Axp Variable Portfolio Investment Series Inc), Investment Management Services Agreement (Ids Life Investment Series Inc), Investment Management Services Agreement (Axp Variable Portfolio Investment Series Inc)

Renewal and Termination. (1) This Agreement shall continue in effect until November 30for two years from its effective date, 2004 or until a new agreement is approved by a vote of the majority of the outstanding shares of the Fund and by vote of the Fund's Board, including the vote required by (b) of this paragraph, and if no new agreement is so approved, this Agreement shall continue from year to year thereafter unless and until terminated by either party as hereinafter provided, except that such continuance shall be specifically approved at least annually (a) by the Board or by a vote of the majority of the outstanding shares of the Fund and (b) by the vote of a majority of the directors Board members who are not parties to this Agreement or interested persons of any such party, cast in person at a meeting called for the purpose of voting on such approval. As used in this paragraph, the term "person

Appears in 5 contracts

Samples: Investment Management Services Agreement (RiverSource Variable Series Trust), Investment Management Services Agreement (RiverSource Variable Series Trust), Investment Management Services Agreement (RiverSource Variable Series Trust)

Renewal and Termination. (1) This Agreement shall continue in effect until November 30for two years from the date of this Agreement, 2004 or until a new agreement is approved by a vote of the majority of the outstanding shares of the Fund Funds and by vote of the Fund's Board, including the vote required by (b) of this paragraph, and if no new agreement is so approved, this Agreement shall continue from year to year thereafter unless and until terminated by either party as hereinafter provided, except that such continuance shall be specifically approved at least annually (a) by the Board or by a vote of the majority of the outstanding shares of the Fund Funds and (b) by the vote of a majority of the directors who are not parties to this Agreement or interested persons of any such party, cast in person at a meeting called for the purpose of voting on such approval. As used in this paragraph, the term "

Appears in 2 contracts

Samples: Investment Management Services Agreement (Ids Life Special Income Fund Inc), Investment Management Services Agreement (Ids Life Special Income Fund Inc)

Renewal and Termination. (1) This Agreement shall continue in effect until November 30for two years, 2004 or until a new agreement is approved by a vote of the majority of the outstanding shares of the Fund and by vote of the Fund's Board, including the vote required by (b) of this paragraph, and if no new agreement is so approved, this Agreement shall continue from year to year thereafter unless and until terminated by either party as hereinafter provided, except that such continuance shall be specifically approved at least annually (a) by the Board or by a vote of the majority of the outstanding shares of the Fund and (b) by the vote of a majority of the directors who are not parties to this Agreement or interested persons of any such party, cast in person at a meeting called for the purpose of voting on such approval. As used in this paragraph, the term "

Appears in 2 contracts

Samples: Investment Management Services Agreement (Axp High Yield Tax-Exempt Series Inc), Investment Management Services Agreement (Axp Global Series Inc)

Renewal and Termination. (1) This Agreement shall continue in effect until November 30July 9, 2004 2005 or until a new agreement is approved by a vote of the majority of the outstanding shares of the Fund and by vote of the Fund's Board, including the vote required by (b) of this paragraph, and if no new agreement is so approved, this Agreement shall continue from year to year thereafter unless and until terminated by either party as hereinafter provided, except that such continuance shall be specifically approved at least annually (a) by the Board or by a vote of the majority of the outstanding shares of the Fund and (b) by the vote of a majority of the directors who are not parties to this Agreement or interested persons of any such party, cast in person at a meeting called for the purpose of voting on such approval. As used in this paragraph, the term "

Appears in 2 contracts

Samples: Investment Management Services Agreement (Axp Variable Portfolio Partners Series Inc), Investment Management Services Agreement (Axp Variable Portfolio Income Series Inc)

Renewal and Termination. (1) This Agreement shall continue in effect until November 30April 8, 2004 or until a new agreement is approved by a vote of the majority of the outstanding shares of the Fund Funds and by vote of the Fund's Board, including the vote required by (b) of this paragraph, and if no new agreement is so approved, this Agreement shall continue from year to year thereafter unless and until terminated by either party as hereinafter provided, except that such continuance shall be specifically approved at least annually (a) by the Board or by a vote of the majority of the outstanding shares of the Fund Funds and (b) by the vote of a majority of the directors who are not parties to this Agreement or interested persons of any such party, cast in person at a meeting called for the purpose of voting on such approval. As used in this paragraph, the term "As

Appears in 2 contracts

Samples: Investment Management Services Agreement (Axp Discovery Series Inc), Investment Management Services Agreement (Axp Discovery Series Inc)

Renewal and Termination. (1) This Agreement shall continue in effect until November 30March 13, 2004 2004, or until a new agreement is approved by a vote of the majority of the outstanding shares of the Fund and by vote of the Fund's Board, including the vote required by (b) of this paragraph, and if no new agreement is so approved, this Agreement shall continue from year to year thereafter unless and until terminated by either party as hereinafter provided, except that such continuance shall be specifically approved at least annually (a) by the Board or by a vote of the majority of the outstanding shares of the Fund and (b) by the vote of a majority of the directors who are not parties to this Agreement or interested persons of any such party, cast in person at a meeting called for the purpose of voting on such approval. As used in this paragraph, the term "

Appears in 2 contracts

Samples: Investment Management Services Agreement (Axp Growth Series Inc/Mn), Investment Management Services Agreement (Axp Growth Series Inc/Mn)

Renewal and Termination. (1) This Agreement shall continue in effect until November 30September 10, 2004 2005 or until a new agreement is approved by a vote of the majority of the outstanding shares of the Fund and by vote of the Fund's Board, including the vote required by (b) of this paragraph, and if no new agreement is so approved, this Agreement shall continue from year to year thereafter unless and until terminated by either party as hereinafter provided, except that such continuance shall be specifically approved at least annually (a) by the Board or by a vote of the majority of the outstanding shares of the Fund and (b) by the vote of a majority of the directors who are not parties to this Agreement or interested persons of any such party, cast in person at a meeting called for the purpose of voting on such approval. As used in this paragraph, the term "

Appears in 2 contracts

Samples: Investment Management Services Agreement (Axp Variable Portfolio Investment Series Inc), Investment Management Services Agreement (Axp Variable Portfolio Investment Series Inc)

Renewal and Termination. (1) This Agreement shall continue in effect until November 30July 10, 2004 or until a new agreement is approved by a vote of the majority of the outstanding shares of the Fund Funds and by vote of the Fund's Board, including the vote required by (b) of this paragraph, and if no new agreement is so approved, this Agreement shall continue from year to year thereafter unless and until terminated by either party as hereinafter provided, except that such continuance shall be specifically approved at least annually (a) by the Board or by a vote of the majority of the outstanding shares of the Fund Funds and (b) by the vote of a majority of the directors who are not parties to this Agreement or interested persons of any such party, cast in person at a meeting called for the purpose of voting on such approval. As used in this paragraph, the term "

Appears in 1 contract

Samples: Investment Management Services Agreement (Axp Partners International Series Inc)

Renewal and Termination. (1) This Agreement shall continue in effect until November 30January 9, 2004 or until a new agreement is approved by a vote of the majority of the outstanding shares of the Fund and by vote of the Fund's Board, including the vote required by (b) of this paragraph, and if no new agreement is so approved, this Agreement shall continue from year to year thereafter unless and until terminated by either party as hereinafter provided, except that such continuance shall be specifically approved at least annually (a) by the Board or by a vote of the majority of the outstanding shares of the Fund and (b) by the vote of a majority of the directors who are not parties to this Agreement or interested persons of any such party, cast in person at a meeting called for the purpose of voting on such approval. As used in this paragraph, the term "

Appears in 1 contract

Samples: Investment Management Services Agreement (Axp Investment Series Inc)

Renewal and Termination. (1) This Agreement shall continue in effect until November 30, 2004 or until a new agreement is approved by a vote of the majority of the outstanding shares of the Fund Funds and by vote of the Fund's Funds' Board, including the vote required by (b) of this paragraph, and if no new agreement is so approved, this Agreement shall continue from year to year thereafter unless and until terminated by either party as hereinafter provided, except that such continuance shall be specifically approved at least annually (a) by the Board or by a vote of the majority of the outstanding shares of the Fund Funds and (b) by the vote of a majority of the directors who are not parties to this Agreement or interested persons of any such party, cast in person at a meeting called for the purpose of voting on such approval. As used in this paragraph, the term "

Appears in 1 contract

Samples: Investment Management Services Agreement (Axp Variable Portfolio Income Series Inc)

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Renewal and Termination. (1) This Agreement shall continue in effect until November 30_________, 2004 199_, or until a new agreement is approved by a vote of the majority of the outstanding shares of the Fund Funds and by vote of the Fund's Board, including the vote required by (b) of this paragraph, and if no new agreement is so approved, this Agreement shall continue from year to year thereafter unless and until terminated by either party as hereinafter provided, except that such continuance shall be specifically approved at least annually (a) by the Board or by a vote of the majority of the outstanding shares of the Fund Funds and (b) by the vote of a majority of the directors who are not parties to this Agreement or interested persons of any such party, cast in person at a meeting called for the purpose of voting on such approval. As used in this paragraph, the term "

Appears in 1 contract

Samples: Investment Management Services Agreement (Ids Life Investment Series Inc)

Renewal and Termination. (1) This Agreement shall continue in effect until November 30May 9, 2004 2003, or until a new agreement is approved by a vote of the majority of the outstanding shares of the each Fund and by vote of the Fund's Board, including the vote required by (b) of this paragraph, and if no new agreement is so approved, this Agreement shall continue from year to year thereafter unless and until terminated by either party as hereinafter provided, except that such continuance shall be specifically approved at least annually (a) by the Board or by a vote of the majority of the outstanding shares of the Fund Funds and (b) by the vote of a majority of the directors who are not parties to this Agreement or interested persons of any such party, cast in person at a meeting called for the purpose of voting on such approval. As used in this paragraph, the term "

Appears in 1 contract

Samples: Investment Management Services Agreement (Axp Partners International Series Inc)

Renewal and Termination. (1) This Agreement shall continue in effect until November 30January 9, 2004 2004, or until a new agreement is approved by a vote of the majority of the outstanding shares of the each Fund and by vote of the Fund's Board, including the vote required by (b) of this paragraph, and if no new agreement is so approved, this Agreement shall continue from year to year thereafter unless and until terminated by either party as hereinafter provided, except that such continuance shall be specifically approved at least annually (a) by the Board or by a vote of the majority of the outstanding shares of the Fund Funds and (b) by the vote of a majority of the directors who are not parties to this Agreement or interested persons of any such party, cast in person at a meeting called for the purpose of voting on such approval. As used in this paragraph, the term "

Appears in 1 contract

Samples: Investment Management Services Agreement (Axp Partners Series Inc)

Renewal and Termination. (1) This Agreement shall continue in effect until November 30January 9, 2004 2004, or until a new agreement is approved by a vote of the majority of the outstanding shares of the Fund and by vote of the Fund's Board, including the vote required by (b) of this paragraph, and if no new agreement is so approved, this Agreement shall continue from year to year thereafter unless and until terminated by either party as hereinafter provided, except that such continuance shall be specifically approved at least annually (a) by the Board or by a vote of the majority of the outstanding shares of the Fund and (b) by the vote of a majority of the directors who are not parties to this Agreement or interested persons of any such party, cast in person at a meeting called for the purpose of voting on such approval. As used in this paragraph, the term "interested person" shall have the same meaning as set forth in the Investment Company Act of 1940, as amended (the "1940 Act").

Appears in 1 contract

Samples: Investment Management Services Agreement (Axp Federal Income Fund Inc /Mn/)

Renewal and Termination. (1) This Agreement shall continue in effect until November 30May 10, 2004 2003, or until a new agreement is approved by a vote of the majority of the outstanding shares of the each Fund and by vote of the Fund's Board, including the vote required by (b) of this paragraph, and if no new agreement is so approved, this Agreement shall continue from year to year thereafter unless and until terminated by either party as hereinafter provided, except that such continuance shall be specifically approved at least annually (a) by the Board or by a vote of the majority of the outstanding shares of the Fund Funds and (b) by the vote of a majority of the directors who are not parties to this Agreement or interested persons of any such party, cast in person at a meeting called for the purpose of voting on such approval. As used in this paragraph, the term "

Appears in 1 contract

Samples: Investment Management Services Agreement (Axp Partners Series Inc)

Renewal and Termination. (1) This Agreement shall continue in effect until November 30April 8, 2004 2005 or until a new agreement is approved by a vote of the majority of the outstanding shares of the Fund Funds and by vote of the Fund's Board, including the vote required by (b) of this paragraph, and if no new agreement is so approved, this Agreement shall continue from year to year thereafter unless and until terminated by either party as hereinafter provided, except that such continuance shall be specifically approved at least annually (a) by the Board or by a vote of the majority of the outstanding shares of the Fund Funds and (b) by the vote of a majority of the directors who are not parties to this Agreement or interested persons of any such party, cast in person at a meeting called for the purpose of voting on such approval. As used in this paragraph, the term "As

Appears in 1 contract

Samples: Investment Management Services Agreement (Axp Variable Portfolio Income Series Inc)

Renewal and Termination. (1) This Agreement shall continue in effect until November 30for two years, 2004 or until a new agreement is approved by a vote of the majority of the outstanding shares of the Fund Funds and by vote of the Fund's Funds' Board, including the vote required by (b) of this paragraph, and if no new agreement is so approved, this Agreement shall continue from year to year thereafter unless and until terminated by either party as hereinafter provided, except that such continuance shall be specifically approved at least annually (a) by the Board or by a vote of the majority of the outstanding shares of the Fund Funds and (b) by the vote of a majority of the directors who are not parties to this Agreement or interested persons of any such party, cast in person at a meeting called for the purpose of voting on such approval. As used in this paragraph, the term "

Appears in 1 contract

Samples: Investment Management Services Agreement (Axp Global Series Inc)

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