Common use of TERM, TERMINATION AND AMENDMENT Clause in Contracts

TERM, TERMINATION AND AMENDMENT. This Agreement shall become effective on the date first above written. The Agreement shall remain in effect for a period of one year from the effective date, and shall automatically continue in effect thereafter with respect to the Trust unless terminated at the end of such period or thereafter on sixty (60) days' prior written notice given by either party to the other party. Termination of this Agreement with respect to any given Fund shall in no way affect the continued validity of this Agreement with respect to any other Fund. Upon termination of this Agreement, the Trust shall pay to the Administrator such compensation and any reimbursable expenses 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. This Agreement may be modified or amended from time to time by mutual written agreement of the parties hereto.

Appears in 2 contracts

Samples: Administration Agreement (Hansberger Institutional Series), Administration Agreement (Hansberger Institutional Series)

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TERM, TERMINATION AND AMENDMENT. This Agreement shall become effective on as of the date first above written. The Agreement shall remain in effect for a period of one year from the effective date, and shall automatically continue in effect thereafter with respect to the Trust unless terminated at the end of such period or thereafter by either party on sixty (60) days' ’ prior written notice given by either party to the other partynotice. Termination of this Agreement with respect to any given Fund Trust shall in no way affect the continued validity of this Agreement with respect to any other FundTrust. This Agreement may be modified or amended from time to time by mutual written agreement of the parties hereto. Upon termination of this Agreement, the Trust shall pay to the Administrator such compensation and any reimbursable expenses 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. This Agreement may be modified or amended from time to time by mutual written agreement of the parties hereto.

Appears in 2 contracts

Samples: Administration Agreement (Tekla World Healthcare Fund), Form of Administration Agreement (Tekla Healthcare Opportunities Fund)

TERM, TERMINATION AND AMENDMENT. This Agreement shall become effective on the date first above written. The Agreement shall remain in effect for a period of one year from [the effective datedate\the date the Fund first accepts money for investment], and shall automatically continue in effect thereafter with respect to the Trust Fund unless terminated in writing by either party at the end of such period or thereafter on sixty (60) days' prior written notice given by either party to the other party. Termination of this Agreement with respect to any given Investment Fund shall in no way affect the continued validity of this Agreement with respect to any other Investment Fund. Upon termination of this Agreement, the Trust Fund shall pay to the Administrator such compensation and any reimbursable expenses 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. This Agreement may be modified or amended from time to time by mutual written agreement of the parties hereto.

Appears in 1 contract

Samples: Administration Agreement (Monument Series Fund Inc)

TERM, TERMINATION AND AMENDMENT. This Agreement shall become effective on the date first above writtenJune 1, 1995. The Agreement shall remain in effect for a period of one year from the effective date, and shall automatically continue in effect renew thereafter with respect to the Trust for periods of one year unless terminated in writing by either party at the end of such period or thereafter on sixty (60) days' prior written notice given by either party to the other partynotice. Termination of this Agreement with respect to any given Investment Fund shall in no way affect the continued validity of this Agreement with respect to any other Investment Fund. Upon termination of this Agreement, the Trust Fund shall pay to the Administrator such compensation and any reimbursable expenses 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. This Agreement may be modified or amended from time to time by mutual written agreement of the parties hereto.

Appears in 1 contract

Samples: Management Agreement (Lazard Funds Inc)

TERM, TERMINATION AND AMENDMENT. This Agreement shall become effective on the date first above writtenApril 30, 1997. The Agreement shall remain in effect for a period of one year from the effective date, and shall automatically continue in effect renew thereafter with respect to the Trust for periods of one year unless terminated in writing by either party at the end of such period or thereafter on sixty (60) days' prior written notice given by either party to the other partynotice. Termination of this Agreement with respect to any given Investment Fund shall in no way affect the continued validity of this Agreement with respect to any other Investment Fund. Upon termination of this Agreement, the Trust Fund shall pay to the Administrator such compensation and any reimbursable expenses 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. This Agreement may be modified or amended from time to time by mutual written agreement of the parties hereto.

Appears in 1 contract

Samples: Administration Agreement (Lazard Retirement Series Inc)

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TERM, TERMINATION AND AMENDMENT. This Agreement shall become effective on the date first above writtenAugust 1, 1995. The Agreement shall remain in effect for a period of one year two years from the effective date, and shall automatically continue in effect thereafter with respect to the Trust each Fund unless terminated in writing by either party at the end of such period or thereafter on sixty (60) days' prior written notice given by either party to the other partynotice. Termination of this Agreement with respect to any given Investment Fund shall in no way affect the continued validity of this Agreement with respect to any other Investment Fund. Upon termination of this Agreement, the Trust a Fund shall pay to the Administrator such compensation and any reimbursable expenses 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. This Agreement may be modified or amended from time to time by mutual written agreement of the parties hereto.

Appears in 1 contract

Samples: Administration Agreement (Crabbe Huson Real Estate Investment Fund Inc)

TERM, TERMINATION AND AMENDMENT. This Agreement shall become effective on the date first above writtenDecember 1, 1995. The Agreement shall remain in effect for a period of one year from the effective date, and shall automatically continue in effect thereafter with respect to the Trust Fund unless terminated in writing by either party at the end of such period or thereafter on sixty (60) days' prior written notice given by either party to the other party. Termination of this Agreement with respect to any given Investment Fund shall in no way affect the continued validity of this Agreement with respect to any other Investment Fund. Upon termination of this Agreement, the Trust Fund shall pay to the Administrator such compensation and any reimbursable expenses 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. This Agreement may be modified or amended from time to time by mutual written agreement of the parties hereto.

Appears in 1 contract

Samples: Administration Agreement (Lebenthal Funds Inc)

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