Common use of RETENTION OF ADVISER BY FUND Clause in Contracts

RETENTION OF ADVISER BY FUND. The Fund hereby employs the Adviser to act as the investment adviser for and to manage the investment and reinvestment of the assets of the Fund in accordance with the Fund's investment objective and policies and limitations, and to administer its affairs to the extent requested by, and subject to the review and supervision of, the Board of Trustees of the Fund for the period and upon the terms herein set forth. The investment of funds shall be subject to all applicable restrictions of applicable law and of the Declaration of Trust and By-Laws of the Trust, and resolutions of the Board of Trustees of the Fund as may from time to time be in force and delivered or made available to the Adviser.

Appears in 29 contracts

Samples: Investment Advisory Agreement (Van Kampen Merritt Equity Trust), Investment Advisory Agreement (Van Kampen American Capital U S Government Trust), Investment Advisory Agreement (Van Kampen American Capital Pennsylvania Tax Free Income Fun)

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RETENTION OF ADVISER BY FUND. (i) The Fund hereby employs the Adviser to act as the investment adviser for and to manage the investment and reinvestment of the assets of the Fund in accordance with the Fund's investment objective and policies and limitations, and to administer its affairs to the extent requested by, and subject to the review and supervision of, the Board of Trustees of the Fund for the period and upon the terms herein set forth. The investment of funds shall be subject to all applicable restrictions of applicable law and of the Declaration of Trust and By-Laws of the TrustFund, and resolutions of the Board of Trustees of the Fund as may from time to time be in force and delivered or made available to the Adviser.

Appears in 2 contracts

Samples: Administration Agreement (Van Kampen Select Sector Municipal Trust), Administration Agreement (Van Kampen Select Sector Municipal Trust)

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RETENTION OF ADVISER BY FUND. The Fund hereby employs the Adviser to act as the investment adviser for for, and to manage the investment and reinvestment of the assets of of, the Fund in accordance with the Fund's ’s investment objective and policies and limitations, and to administer its affairs to the extent requested by, and subject to the review and supervision of, the Board of Trustees Directors of the Fund for the period and upon the terms herein set forthforth herein. The investment of funds shall be subject to all applicable restrictions of applicable law laws and of the Declaration of Trust Charter and By-Laws laws of the TrustFund, each as amended, and resolutions of the Board of Trustees Directors of the Fund as may from time to time be in force and delivered or made available to the Adviser.

Appears in 1 contract

Samples: Investment Advisory Agreement (Duff & Phelps Utility & Corporate Bond Trust Inc)

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