Common use of Term, Amendment and Termination Clause in Contracts

Term, Amendment and Termination. This Agreement may be modified or amended from time to time by mutual agreement between the parties hereto. The Agreement shall remain in effect for a period of one year from the date the Fund first accepts money for investment, and shall automatically continue in effect thereafter with respect to the Fund unless terminated by a party at the end of such period or otherwise on thirty (30) days' prior written notice. Upon termination of this Agreement, the Fund shall pay to the Bank such compensation as may be due under the terms hereof as of the date of such termination including reasonable out-of-pocket expenses associated with such termination.

Appears in 1 contract

Samples: Administration Agreement (Stewart W P & Co Growth Fund Inc)

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Term, Amendment and Termination. This Agreement may be modified or amended from time to time by mutual agreement between the parties hereto. The Agreement shall remain in effect for a period of one year from the date the Fund Trust first accepts money for investment, and shall automatically continue in effect thereafter with respect to the Fund Trust unless terminated by a party at the end of such period or otherwise thereafter on thirty ninety (3090) days' prior written notice. Upon termination of this Agreement, the Fund Trust shall pay to the Bank such compensation as may be due under the terms hereof as of the date of such termination including reasonable out-of-pocket expenses associated with such termination.

Appears in 1 contract

Samples: Administration Agreement (Valiant Fund)

Term, Amendment and Termination. This Agreement may be modified or amended from time to time by mutual agreement between the parties hereto. The Agreement shall remain in effect for a period of one year from the date the Fund first accepts money for investment, and shall automatically continue in effect thereafter with respect to the such Fund unless terminated by a party at the end of such period or otherwise thereafter on thirty sixty (3060) days' prior written notice. Upon termination of this Agreement, Agreement the Fund shall pay to the Bank such compensation as may be due under the terms hereof as of the date of such termination including reasonable out-of-pocket expenses associated with such termination.

Appears in 1 contract

Samples: Administration Agreement (China Fund Inc)

Term, Amendment and Termination. This Agreement may be modified or amended from time to time by mutual agreement between the parties hereto. The Agreement shall remain in effect for a period of one year from the date the Fund first accepts money for investment, hereof and shall automatically continue in effect thereafter with respect to the Fund unless terminated by a party at the end of such period or otherwise thereafter on thirty sixty (3060) days' prior written notice. Upon termination of this AgreementAgreement entirely or with respect to a Portfolio, the Adviser or the Fund shall pay to the Bank such compensation as may be due under the terms hereof as of the date of such termination including reasonable out-of-pocket expenses associated with such termination.

Appears in 1 contract

Samples: Subadministration Agreement (Aga Series Trust)

Term, Amendment and Termination. This Agreement may be modified or amended from time to time by mutual agreement between the parties hereto. The Agreement shall remain in effect for a period of one year from the date the Fund first accepts money for investment, and shall automatically continue in effect thereafter with respect to the Fund unless terminated by a party at the end of such period or otherwise thereafter on thirty sixty (3060) days' prior written notice. Upon termination ter- mination of this Agreement, the Fund shall pay to the Bank such compensation as may be due under the terms hereof as of the date of such termination including reasonable out-of-pocket expenses associated with such termination.

Appears in 1 contract

Samples: Administration Agreement (Sbi Fund Inc)

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Term, Amendment and Termination. This Agreement may be modified or amended from time to time by mutual agreement between the parties hereto. The Agreement shall remain in effect for a period of one year from the date the Fund first accepts money for investment, hereof and shall automatically continue in effect thereafter with respect to the Fund unless terminated by a party at the end of such period or otherwise thereafter on thirty sixty (3060) days' prior written notice. Upon termination of this AgreementAgreement entirely or with respect to a Portfolio, the Manager or the Fund shall pay to the Bank such compensation as may be due under the terms hereof as of the date of such termination including reasonable out-of-pocket expenses associated with such termination.

Appears in 1 contract

Samples: Variable Investors Series Trust /Ma/

Term, Amendment and Termination. This Agreement may be modified or amended from time to time by mutual agreement between the parties hereto. The Agreement shall remain in effect for a period of one year from the date the Fund first accepts money for investment, hereof and shall automatically continue in effect thereafter with respect to the Fund unless terminated by a party at the end of such period or otherwise thereafter on thirty sixty (3060) days' prior written notice. Upon termination of this AgreementAgreement entirely or with respect to a Portfolio, the Investment Adviser or the Fund shall pay to the Bank such compensation as may be due under the terms hereof as of the date of such termination including reasonable out-of-pocket expenses associated with such termination.

Appears in 1 contract

Samples: Subadministration Agreement (Equi Select Series Trust)

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