Common use of Term of Agreement; Termination Clause in Contracts

Term of Agreement; Termination. This Agreement shall commence on the date first set forth above. This Agreement shall continue in effect for a period more than two years from the date hereof only so long as such continuance is specifically approved at least annually in conformity with the requirements of the 1940 Act. This Agreement shall terminate automatically in the event of its assignment (as defined by the 1940 Act). In addition, this Agreement may be terminated by either party at any time, without penalty, on not more than sixty days' nor less than thirty days' written notice to the other party.

Appears in 12 contracts

Samples: Distribution Agreement (Morgan Stanley Institutional Liquidity Funds), Mainstay Funds Distribution Agreement (Mainstay Funds), Form of Distribution Agreement (Morgan Stanley Strategic Adviser Fund Inc)

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Term of Agreement; Termination. This Agreement shall commence on the date first set forth above. This Agreement shall continue in effect with respect to each Fund for a period more than of one year from the effective date hereof, except with respect to any series of the Trust added to Schedule A of this Agreement after August 1, 2002, for an initial period of two years from the date hereof that such series is added, and thereafter only so long as such continuance is specifically approved at least annually with respect to that Fund in conformity with the requirements of the 1940 ActAct and the Rules thereunder. This Agreement shall terminate automatically in the event of its assignment (as defined by the 1940 Act). In addition, this Agreement may be terminated by either party at any time, without penalty, on not more than sixty days' nor less than thirty days' written notice to the other party.

Appears in 3 contracts

Samples: Master Distribution Agreement (Mainstay Funds), Master Distribution Agreement (Mainstay Funds), Master Distribution Agreement (Mainstay Funds)

Term of Agreement; Termination. This Agreement shall commence on the date first set forth above. This Agreement shall continue in effect for a period more than two years from the date hereof only so long as such continuance is specifically approved at least annually in conformity with the requirements of the 1940 Act. This Agreement shall terminate automatically in the event of its assignment (as defined by in the 1940 Act). In addition, this Agreement may be terminated by either party at any time, without penalty, on not more less than sixty days' nor less than thirty (60) days' written notice to the other party.

Appears in 2 contracts

Samples: Series Trust Ii Distribution Agreement (JPM Series Trust Ii), JPM Series Trust Distribution Agreement (JPM Series Trust)

Term of Agreement; Termination. This Agreement shall commence on the first date first set forth above. This Agreement shall continue in effect for a period more than two years from the date hereof only so long as such continuance is specifically approved at least annually in conformity with the requirements of the 1940 ActInvestment Company Act of 1940. This Agreement shall terminate automatically in the event of its assignment (as defined by the 1940 Act). In addition, this Agreement may be terminated by either party at any time, without penalty, on not more than sixty days' nor less than thirty days' written notice to the other party.

Appears in 2 contracts

Samples: Distribution Agreement (North Track Funds Inc), Distribution Agreement (Principal Preservation Portfolios Inc)

Term of Agreement; Termination. This Agreement shall commence on the first date first set forth above. This Agreement shall continue in effect for a period more than two years from the date hereof only so long as such continuance is specifically approved at least annually in conformity with the requirements of the 1940 ActInvestment Company Act of 1940. This Agreement shall terminate automatically in the event of its assignment (as defined by the 1940 Act). In addition, this Agreement may be terminated by either party at any time, without penalty, on not more than sixty days' nor less than thirty days' written notice to the other party.

Appears in 1 contract

Samples: Distribution Agreement (North Track Funds Inc)

Term of Agreement; Termination. This Agreement shall commence on the date first set forth above. This Agreement shall continue in effect for a period more than two years from the date hereof only so long as such continuance is specifically approved at least annually in conformity with the requirements of the 1940 Act. This Agreement shall terminate automatically in the event of its assignment (as defined by the 1940 Act). In addition, this Agreement may be terminated by either party at any time, without penalty, on not more less than sixty days' nor less than thirty (60) days' written notice to the other party.

Appears in 1 contract

Samples: Institutional Funds Distribution Agreement (JPM Institutional Funds)

Term of Agreement; Termination. This Agreement shall commence on the date first set forth above. This Agreement shall continue in effect for a period more than two years from the date hereof only so long as such continuance is specifically approved at least annually in conformity with the requirements of the 1940 Act. This Agreement shall terminate automatically in the event of its assignment (as defined by the 1940 Act). In addition, this Agreement may be terminated by either party at any time, without penalty, on not more less than sixty days' nor less than thirty days' (60) days written notice to the other party.

Appears in 1 contract

Samples: The Pierpont Funds Distribution Agreement (JPM Pierpont Funds)

Term of Agreement; Termination. This Agreement shall commence on the date first set forth above. This Agreement shall continue in effect for a period more than two years from the date hereof only so long as such continuance is specifically approved at least annually in conformity with the requirements of the 1940 Act. This Agreement shall terminate automatically in the event of its assignment (as defined by the 1940 Act). In addition, this Agreement may be terminated by either party at any time, without penalty, on not more than sixty (60) days' nor less than thirty (30) days' written notice to the other party.

Appears in 1 contract

Samples: Distribution Agreement (Mainstay Funds)

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Term of Agreement; Termination. This Agreement shall commence on the first date first set forth above. This Agreement shall continue in effect for a period more than two years from the date hereof only so long as such continuance is specifically approved at least annually in conformity with the requirements of the 1940 ActInvestment Company Act of 1940. This Agreement shall terminate automatically in the event of its assignment (as defined by the 1940 Act). In addition, this Agreement may be terminated by either party at any time, without penalty, on not more than sixty days' nor less than thirty days' written notice to the other party.

Appears in 1 contract

Samples: Distribution Agreement (Principal Preservation Portfolios Inc)

Term of Agreement; Termination. This Agreement shall commence on the date first set forth above. This Agreement shall continue in effect with respect to each Series for a period more than of one year from the effective date hereof (except with respect to any Series established by the Trust after the effective date of this Agreement, for which the Agreement will continue, for an initial period of two years from the date hereof that such Series is added to this Agreement) and thereafter only so long as such continuance is specifically approved at least annually with respect to that Series in conformity with the requirements of the 1940 ActAct and the Rules thereunder. This Agreement shall terminate automatically in the event of its assignment (as defined by the 1940 Act). In addition, this Agreement may be terminated by either party at any time, without penalty, on not more than sixty days' nor less than thirty days' written notice to the other party.

Appears in 1 contract

Samples: Master Distribution Agreement (Mainstay Funds)

Term of Agreement; Termination. This Agreement shall commence on the date first set forth above. This Agreement shall continue in effect for a period more than two years from the date hereof only so long as such continuance is specifically approved at least annually in conformity with the requirements of the 1940 Act. This Agreement shall terminate automatically in the event of its assignment (as defined by the 1940 Act). In addition, this Agreement may be terminated by either party at any time, without penalty, on not more than sixty (60) days' nor less than thirty (30) days' written notice to the other party.

Appears in 1 contract

Samples: Distribution Agreement (Fenimore Asset Management Trust)

Term of Agreement; Termination. This Agreement shall commence on the date first set forth above. This Agreement shall continue in effect for a period more than two years from the date hereof only so long as such continuance is specifically approved at least annually in conformity with the requirements of the 1940 Act. This Agreement shall terminate automatically in the event of its assignment (as defined by the 1940 Act). In addition, this Agreement may be terminated by either party at any time, without penalty, on not more than sixty days' nor less than thirty days' written notice to the other party.

Appears in 1 contract

Samples: Distribution Agreement (Oti Trust)

Term of Agreement; Termination. This Agreement shall commence on the date first set forth above. This Agreement shall continue in effect for a period more than two years from the date hereof only so long as such continuance is specifically approved at least annually in conformity with the requirements of the 1940 Act. This Agreement shall terminate automatically in the event of its assignment (as defined by the 1940 Act). In addition, this Agreement may be terminated by either party at any time, without penalty, on not more than sixty days' nor less than thirty days' written notice to the other party.

Appears in 1 contract

Samples: Distribution Agreement (Oti Trust)

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