Required Approval. This Plan shall not take effect until it, together with any related agreement, has been approved by a vote of at least a majority of the Fund's Trustees as well as a vote of at least a majority of the Trustees of the Fund who are not interested persons (as defined in the Act) of the Fund and who have no direct or indirect financial interest in the operation of this Plan or in any related agreement (the "Disinterested Trustees"), cast in person at a meeting called for the purpose of voting on this Plan or any related agreement and this Plan shall not take effect with respect to the Fund until it has been approved by a vote of at least a majority of the outstanding voting Class B shares (as such phrase is defined in the Act).
Appears in 19 contracts
Sources: Distribution Agreement (Phoenix Oakhurst Strategic Allocation Fund Inc), Distribution Plan (Phoenix Goodwin Multi Sector Short Term Bond Fund), Distribution Plan (Phoenix Goodwin Multi Sector Fixed Income Fund Inc)
Required Approval. This Plan shall not take effect until it, together with any related agreement, has been approved by a vote of at least a majority of the Fund's Trustees as well as a vote of at least a majority of the Trustees of the Fund who are not interested persons (as defined in the Act) of the Fund and who have no direct or indirect financial interest in the operation of this Plan or in any related agreement (the "Disinterested Trustees"), cast in person at a meeting called for the purpose of voting on this Plan or any related agreement and this Plan shall not take effect with respect to the Fund until it has been approved by a vote of at least a majority of the outstanding voting Class B A shares (as such phrase is defined in the Act).
Appears in 13 contracts
Sources: Distribution Plan (Phoenix Multi Sector Short Term Bond Fund), Distribution Plan (Seneca Funds), Distribution Plan (Phoenix California Tax Exempt Bonds Inc)
Required Approval. This Plan shall not take effect until it, together with any related agreement, has been approved by a vote of at least a majority of the Fund's Trustees as well as a vote of at least a majority of the Trustees of the Fund who are not interested persons (as defined in the Act) of the Fund and who have no direct or indirect financial interest in the operation of this Plan or in any related agreement (the "Disinterested Trustees"), cast in person at a meeting called for the purpose of voting on this Plan or any related agreement and this Plan shall not take effect with respect to the Fund until it has been approved by a vote of at least a majority of the outstanding voting Class B C shares (as such phrase is defined in the Act).
Appears in 9 contracts
Sources: Distribution Plan (Phoenix Multi Sector Fixed Income Fund Inc), Distribution Plan (Phoenix Series Fund), Distribution Plan (Phoenix Multi Sector Short Term Bond Fund)
Required Approval. This Plan shall not take effect until it, together with any related agreement, has been approved by a vote of at least a majority of the Fund's Trustees as well as a vote of at least a majority of the Trustees of the Fund who are not interested persons (as defined in the Act) of the Fund and who have no direct or indirect financial interest in the operation of this Plan or in any related agreement (the "Disinterested Trustees"), cast in person at a meeting called for the purpose of voting on this Plan or any related agreement and this Plan shall not take effect with respect to the Fund until it has been approved by a vote of at least a majority of the outstanding voting Class B M shares (as such phrase is defined in the Act).
Appears in 7 contracts
Sources: Distribution Agreement (Phoenix Multi Sector Fixed Income Fund Inc), Distribution Agreement (Phoenix Equity Series Fund), Distribution Plan (Phoenix Strategic Equity Series Fund)
Required Approval. This Plan shall not take effect until it, together with any related agreement, has been approved by a vote of at least a majority of the Fund's Trustees as well as a vote of at least a majority of the Trustees of the Fund who are not interested persons (as defined in the Act) of the Fund and who have no direct or indirect financial interest in the operation of this Plan or in any related agreement (the "Disinterested Trustees"), cast in person at a meeting called for the purpose of voting on this Plan or any related agreement and this Plan shall not take effect with respect to the Fund until it has been approved by a vote of at least a majority of the outstanding voting Class B Y shares (as such phrase is defined in the Act).
Appears in 2 contracts
Sources: Distribution Plan (Phoenix Duff & Phelps Institutional Mutual Funds), Distribution Plan (Phoenix Duff & Phelps Institutional Mutual Funds)
Required Approval. This Plan shall not take effect until it, together with any related agreement, has been approved by a vote of at least a majority of the Fund's Trustees as well as a vote of at least a majority of the Trustees of the Fund who are not interested persons (as defined in the Act) of the Fund and who have no direct or indirect financial interest in the operation of this Plan or in any related agreement (the "Disinterested Trustees"), cast in person at a meeting called for the purpose of voting on this Plan or any related agreement and this Plan shall not take effect with respect to the Fund until it has been approved by a vote of at least a majority of the outstanding voting Class B ___ shares (as such phrase is defined in the Act).
Appears in 2 contracts
Sources: Distribution Plan (Phoenix Strategic Equity Series Fund), Distribution Plan (Phoenix Equity Series Fund)
Required Approval. This Plan plan shall not take effect until it, together with any related agreement, has been approved by a vote of at least a majority of the Fund's Trustees as well as a vote of at least a majority of the Trustees of the Fund who are not interested persons (as defined in the Act) of the Fund and who have no direct or indirect financial interest in the operation of this Plan or in any related agreement (the "Disinterested Trustees"), cast in person at a meeting called for the purpose of voting on this Plan or any related agreement and this Plan shall not take effect with respect to the Fund until it has been approved by a vote of at least a majority of the outstanding voting Class B A shares (as such phrase is defined in the Act).
Appears in 1 contract
Required Approval. This Plan shall not take effect until it, together with any related agreementthe Underwriting Agreement, has been approved by a vote of at least a majority of the Fund's Trustees as well as a vote of at least a majority of the Trustees of the Fund who are not interested persons (as defined in the Act) of the Fund and who have no direct or indirect financial interest in the operation of this Plan or in any related agreement (the "Disinterested Trustees"), cast in person at a meeting called for the purpose of voting on this Plan or any related agreement and this Plan shall not take effect with respect to any Portfolio of the Fund until it has been approved by a vote of at least a majority of the outstanding voting Class B C shares of each Portfolio (as such phrase is defined in the Act).
Appears in 1 contract
Sources: Distribution Plan (Seneca Funds)
Required Approval. This Plan plan shall not take effect until it, together with any related agreement, has been approved by a vote of at least a majority of the Fund's Trustees as well as a vote of at least a majority of the Trustees of the Fund who are not interested persons (as defined in the Act) of the Fund and who have no direct or indirect financial interest in the operation of this Plan or in any related agreement (the the. "Disinterested Trustees"), cast in person at a meeting called for the purpose of voting on this Plan or any related agreement and this Plan shall not take effect with respect to the Fund until it has been approved by a vote of at least a majority of the outstanding voting Class B A shares (as such phrase is defined in the Act).
Appears in 1 contract
Sources: Distribution Plan (Phoenix Strategic Equity Series Fund)
Required Approval. This Plan shall not take effect until it, together with any related agreement, has been approved by a vote of at least a majority of the Fund's Funds Trustees as well as a vote of at least a majority of the Trustees of the Fund Funds who are not interested persons (as defined in the Act) of the Fund Funds and who have no direct or indirect financial interest in the operation of this Plan or in any related agreement (the "Disinterested Trustees"), cast in person at a meeting called for the purpose of voting on this Plan or any related agreement and this Plan shall not take effect with respect to the Fund Funds until it has been approved by a vote of at least a majority of the outstanding voting Class B M shares (as such phrase is defined in the Act).
Appears in 1 contract
Required Approval. This Plan shall not take effect until it, together with any related agreementthe Underwriting Agreement, has been approved by a vote of at least a majority of the Fund's Trustees as well as a vote of at least a majority of the Trustees of the Fund who are not interested persons (as defined in the Act) of the Fund and who have no direct or indirect financial interest in the operation of this Plan or in any related agreement (the "Disinterested Trustees"), cast in person at a meeting called for the purpose of voting on this Plan or any related agreement and this Plan shall not take effect with respect to any Portfolio of the Fund until it has been approved by a vote of at least a majority of the outstanding voting Class B shares of each Portfolio (as such phrase is defined in the Act).
Appears in 1 contract
Sources: Distribution Plan (Seneca Funds)
Required Approval. This Plan shall not take effect until it, together with any related agreement, has been approved by a vote of at least a majority of the Fund's Trustees as well as a vote of at least a majority of the Trustees of the Fund who are not interested persons (as defined in the Act) of the Fund and who have no direct or indirect financial interest in the operation of this Plan or in any related agreement (the "Disinterested Independent Trustees"), cast in person at a meeting called for the purpose of voting on this Plan or any related agreement and this Plan shall not take effect with respect to the Fund until it has been approved by a vote of at least a majority of the outstanding voting Class B A shares (as such phrase is defined in the Act).
Appears in 1 contract
Sources: Distribution Plan (Kayne Anderson Rudnick Mutual Funds)