Common use of Term; Termination; Amendment Clause in Contracts

Term; Termination; Amendment. (a) Unless sooner terminated, this Agreement will continue for one year following the date of its adoption as provided in Section 15, and thereafter will continue automatically for successive annual periods provided such continuance is specifically approved at least annually by the Fund in the manner described in Section 15 hereof. This Agreement is terminable, without penalty, at any time by the Fund with respect to any WEBS Index Series (which termination may be by a vote of a majority of the Disinterested Directors as defined in Section 15 hereof or by vote of the holders of a majority of the voting securities (as such term is defined in the 1940 Xxx) xx such WEBS Index Series) or by you upon 60 days' notice in writing to the other party hereto. This Agreement will also terminate automatically in the event of its assignment (within the meaning of the 1940 Xxx) xx upon the termination of the Distribution Agreement or Rule 12b-1 Plan between the Fund and us. The Distributor, with the prior written consent of the Fund, may amend this agreement by mailing a copy of the amendment to the Soliciting Dealer, which amendment will become part of this Agreement if the Soliciting Dealer does not object in writing within 10 business days after its receipt. This Agreement may also be amended in writing by the parties hereto.

Appears in 2 contracts

Samples: Webs Index Fund Inc, Webs Index Fund Inc

AutoNDA by SimpleDocs

Term; Termination; Amendment. (a) Unless sooner terminated, this Agreement will continue for one year following the date of its adoption as provided in Section 1516, and thereafter will continue automatically for successive annual periods provided such continuance is specifically approved at least annually by the Fund in the manner described in Section 15 16 hereof. This Agreement is terminable, without penalty, at any time by the Fund with respect to any WEBS Index Series (which termination may be by a vote of a majority of the Disinterested Directors as defined in Section 15 16 hereof or by vote of the holders of a majority of the voting securities (as such term is defined in the 1940 0000 Xxx) xx of such WEBS Index Series) or by you upon 60 days' notice in writing to the other party hereto. This Agreement will also terminate automatically in the event of its assignment (within the meaning of the 1940 0000 Xxx) xx or upon the termination of the Distribution Agreement or Rule 12b-1 Plan between the Fund and us. The Distributor, with the prior written consent of the Fund, may amend this agreement by mailing a copy of the amendment to the Soliciting Dealer, which amendment will become part of this Agreement if the Soliciting Dealer does not object in writing within 10 business days after its receipt. This Agreement may also be amended in writing by the parties hereto.

Appears in 2 contracts

Samples: Foreign Fund Inc, Foreign Fund Inc

Term; Termination; Amendment. (a) Unless sooner terminated, this Agreement will continue for one year following the date of its adoption as provided in Section 15, and thereafter will continue automatically for successive annual periods provided such continuance is specifically approved at least annually by the Fund in the manner described in Section 15 hereof. This Agreement is terminable, without penalty, at any time by the Fund with respect to any WEBS Index Series (which termination may be by a vote of a majority of the Disinterested Directors as defined in Section 15 hereof or by vote of the holders of a majority of the voting securities (as such term is defined in the 1940 Xxx) xx such WEBS Index Series) or by you upon 60 days' notice in writing to the other party hereto. This Agreement will also terminate automatically in the event of its assignment (within the meaning of the 1940 Xxx) xx upon the termination of the Distribution Agreement or Rule 12b-1 Plan between the Fund and us. The Distributor, with the prior written consent of the Fund, may amend this agreement by mailing a copy of the amendment to the Soliciting Dealer, which amendment will become part of this Agreement if the Soliciting Dealer does not object in writing within 10 business days after its receipt. This Agreement may also be amended in writing by the parties hereto.

Appears in 2 contracts

Samples: Webs Index Fund Inc, Webs Index Fund Inc

AutoNDA by SimpleDocs

Term; Termination; Amendment. (a) Unless sooner terminated, this Agreement will continue for one year following the date of its adoption as provided in Section 15, and thereafter will continue automatically for successive annual periods provided such continuance is specifically approved at least annually by the Fund in the manner described in Section 15 hereof. This Agreement is terminable, without penalty, at any time by the Fund with respect to any WEBS Index Series (which termination may be by a vote of a majority of the Disinterested Directors as defined in Section 15 hereof or by vote of the holders of a majority of the voting securities (as such term is defined in the 1940 XxxAct) xx of such WEBS Index Series) or by you upon 60 days' notice in writing ix xxxxxxg to the other party hereto. This Agreement will also terminate automatically in the event of its assignment (within the meaning of the 1940 XxxAct) xx or upon the termination of the Distribution Agreement or Rule 12b-1 Ruxx 00x-0 Plan between the Fund and us. The Distributor, with the prior written consent of the Fund, may amend this agreement by mailing a copy of the amendment to the Soliciting Dealer, which amendment will become part of this Agreement if the Soliciting Dealer does not object in writing within 10 business days after its receipt. This Agreement may also be amended in writing by the parties hereto.

Appears in 1 contract

Samples: Webs Index Fund Inc

Time is Money Join Law Insider Premium to draft better contracts faster.