Common use of Termination; Amendment Clause in Contracts

Termination; Amendment. a. This Agreement shall become effective as of the date first written above and shall remain in force until the first anniversary of its effective date and shall thereafter continue in effect from year to year, but only so long as such continuance is specifically approved at least annually by a vote of the Board of Trustees of the Fund, including the vote of a majority of the Trustees who are not “interested persons,” as defined by the 1940 Act and the rules thereunder, of the Fund and who have no direct or indirect financial interest in the operation of the Fund’s Distribution and Service Plan (the “Plan”) or any agreements entered into in connection with the Plan (including this Agreement), cast in person at a meeting called for the purpose.

Appears in 16 contracts

Samples: Dealer Agreement (Blackstone Real Estate Income Fund II), Servicing Agreement (Blackstone Real Estate Income Fund), Servicing Agreement (Blackstone Real Estate Income Fund)

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Termination; Amendment. a. (a) This Agreement shall become effective as of the date first written above and shall remain in force until the first anniversary of its effective date and shall thereafter continue in effect from year to year, but only so long as such continuance is specifically approved at least annually by a vote of the Board of Trustees of the Fund, including the vote of a majority of the Trustees who are not “interested persons,” as defined by the 1940 Act and the rules thereunder, of the Fund and who have no direct or indirect financial interest in the operation of the Fund’s Distribution and Service Plan (the “Plan”) or any agreements entered into in connection with the Plan (including this Agreement), cast in person at a meeting called for the purpose.

Appears in 9 contracts

Samples: Dealer Agreement (Blackstone / GSO Floating Rate Enhanced Income Fund), Intermediary Agreement (Blackstone / GSO Floating Rate Enhanced Income Fund), Dealer Agreement (Blackstone / GSO Floating Rate Enhanced Income Fund)

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Termination; Amendment. a. This Agreement shall become effective as of the date first written above and shall remain in force until the first anniversary of its effective date March 31, 2014 and shall thereafter continue in effect from year to year, but only so long as such continuance is specifically approved at least annually by a vote of the Board of Trustees of the Fund, including the vote of a majority of the Trustees who are not “interested persons,” as defined by the 1940 Act and the rules thereunder, of the Fund and who have no direct or indirect financial interest in the operation of the Fund’s Distribution and Service Plan (the “Plan”) or any agreements entered into in connection with the Plan (including this Agreement), cast in person at a meeting called for the purpose. In the event that the Agreement is not approved, the Distributor will promptly notify the Dealer of such vote.

Appears in 5 contracts

Samples: Dealer Agreement (Blackstone Alternative Alpha Fund), Dealer Agreement (Blackstone Alternative Alpha Fund II), Dealer Agreement (Blackstone Alternative Alpha Fund II)

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