Common use of XERM Clause in Contracts

XERM. This Agreement shall continue in effect, unless sooner terminated in accordance with its terms, for an initial term ending April 22, 1995, and shall continue in effect from year to year thereafter only so long as such continuance is specifically approved at least annually by the vote of a majority of the Trustees of the Fund who are not parties hereto or interested persons (as that term is defined in Section 2(a)(19) of the 1940 Act) of any such party, caxx xx xxrson at a meeting called for the purpose of voting on the approval of the terms of such renewal, and by either the Trustees of the Fund or the affirmative vote of a majority of the outstanding voting securities of the Portfolio (as that phrase is defined in Section 2(a)(42) of the 1940 Act).

Appears in 2 contracts

Samples: Management and Investment Advisory Agreement (Idex Series Fund), Management and Investment Advisory Agreement (Idex Series Fund)

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XERM. This Agreement shall continue in effect, unless sooner terminated in accordance with its terms, for an initial term ending April 22, 1995two years from the date hereof, and shall continue in effect from year to year thereafter only so long as provided such continuance is specifically approved at least annually by the vote of a majority of the Trustees of the Fund Trust who are not parties hereto or interested persons (as that term is defined in Section 2(a)(19) of the 1940 Act) of any such party, caxx xx xxrson at a meeting called for the purpose of voting on the approval of the terms of such renewal, and by either the Trustees of the Fund Trust or the affirmative vote of a majority of the outstanding voting securities of the Portfolio (as that phrase is defined in Section 2(a)(42) of the 1940 Act).

Appears in 2 contracts

Samples: Management and Investment Advisory Agreement (Idex Series Fund), Idex Series Fund

XERM. This Agreement shall continue in effect, unless sooner terminated in accordance with its terms, for an initial term ending April 22, 1995, one year from the date hereof and shall continue in effect from year to year thereafter only so long as such continuance is specifically approved at least annually by the vote of a majority of the Trustees of the Fund who are not parties hereto or interested persons (as that the term is defined in Section 2(a)(19) of the 1940 Act) of any such party, caxx xx xxrson at a meeting called for the purpose of voting on the approval of the terms of such renewal, and by either the Trustees of the Fund or the affirmative vote of a majority of the outstanding voting securities of the Portfolio Fund (as that phrase is defined in Section 2(a)(42) of the 1940 Act).

Appears in 1 contract

Samples: Investment Counsel Agreement (Idex Series Fund)

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XERM. This Agreement shall continue in effect, unless sooner terminated in accordance with its terms, for an initial term ending April 22, 19951994, and shall continue in effect from year to year thereafter only so long as provided such continuance is specifically approved at least annually by the vote of a majority of the Trustees of the Fund Trust who are not parties hereto or interested persons (as that term is defined in Section 2(a)(19) of the 1940 Act) of any such party, caxx xx xxrson at a meeting called for the purpose of voting on the approval of the terms of such renewal, and by either the Trustees of the Fund Trust or the affirmative vote of a majority of the outstanding voting securities of the Portfolio (as that phrase is defined in Section 2(a)(42) of the 1940 Act).

Appears in 1 contract

Samples: Management and Investment Advisory Agreement (Idex Series Fund)

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