majority of the outstanding voting securities shall have the meaning set forth for such terms in the 1940 Act.
majority of the outstanding voting securities. , "interested persons" and "assignment", when used herein, shall have the respective meanings in the Investment Company Act.
majority of the outstanding voting securities means the lesser of: (a) 67% or more of the votes attributable to Shares of the Fund or the Trust, as appropriate, present at a meeting if the holders of more than 50% of such votes are present or represented by proxy; or (b) more than 50% of the votes attributable to Shares of the Fund or the Trust, as appropriate.
More Definitions of majority of the outstanding voting securities
majority of the outstanding voting securities. “interested persons” and “assignment” shall have the same meanings as ascribed to such terms in the 1940 Act.)
majority of the outstanding voting securities. “interested person”, “assignment”, “broker”, “investment adviser”, “security” and “significant managerial assistance” shall have the same meaning as such terms have in the 1940 Act, subject to such exemption as may be granted by the SEC by any rule, regulation or order. Where the effect of a requirement of the 1940 Act reflected in any provision of this Agreement is relaxed by a rule, regulation or order of the SEC, whether of special or general application, such provision shall be deemed to incorporate the effect of such rule, regulation or order.
majority of the outstanding voting securities shall have the meanings set forth in the 1933 Act or the 1940 Act and the Rules and Regulations thereunder. Nothing herein shall be deemed to protect you against any liability to us or to our securities holders to which you would otherwise be subject by reason of willful misfeasance, bad faith or gross negligence in the performance of your duties hereunder, or by reason of your reckless disregard of your obligations and duties hereunder. If the foregoing meets with your approval, please acknowledge your acceptance by signing each of the enclosed copies, whereupon this will become a binding agreement as of the date set forth below. Very truly yours, FRANKLIN NEW YORK TAX-FREE INCOME FUND By: /S/XXXXXXX X. XXXXXX Xxxxxxx X. Xxxxxx Vice President & Assistant Secretary Accepted: Franklin/Xxxxxxxxx Distributors, Inc. By: /S/XXXXXX X. XXXXX Xxxxxx X. Xxxxx Executive Vice President DATED: May 1, 1997
majority of the outstanding voting securities shall have the meanings set forth in the 1933 Act or the 1940 Act and the Rules and Regulations thereunder. Nothing herein shall be deemed to protect you against any liability to us or to our securities holders to which you would otherwise be subject by reason of willful misfeasance, bad faith or gross negligence in the performance of your duties hereunder, or by reason of your reckless disregard of your obligations and duties hereunder. If the foregoing meets with your approval, please acknowledge your acceptance by signing each of the enclosed copies, whereupon this will become a binding agreement as of the date set forth below. Very truly yours, FRANKLIN MUTUAL SERIES FUND INC. On behalf of Mutual Discovery Fund By: /S/E.N. COHERNOUR General Counsel/Xxxxxxxxy Accepted: Franklin/Templeton Distributors, Inc. Xx: /X/LESLIE M. KRATTER Secretaxx
majority of the outstanding voting securities shall have the meanings given to them by Section 2(a) of the 1940 Act, subject to such exemptions as may be granted by the SEC by any rule, regulation or order; and
majority of the outstanding voting securities shall have the meanings set forth in the 1933 Act or the 1940 Act and the Rules and Regulations thereunder. Nothing herein shall be deemed to protect you against any liability to us or to our securities holders to which you would otherwise be subject by reason of willful misfeasance, bad faith or gross negligence in the performance of your duties hereunder, or by reason of your reckless disregard of your obligations and duties hereunder. If the foregoing meets with your approval, please acknowledge your acceptance by signing each of the enclosed copies, whereupon this will become a binding agreement as of the date set forth below. Very truly yours, FRANKLIN INVESTORS SECURITIES TRUST By:_______________________________ Accepted: Franklin/Xxxxxxxxx Distributors, Inc. By:__________________________________ DATED: ______________
majority of the outstanding voting securities. “interested persons” and “assignment” have the same meaning of such terms as in the 1940 Act.) Section 10 and 11 herein shall survive the termination of this Agreement.