Common use of Assignment or Amendment Clause in Contracts

Assignment or Amendment. This Agreement may not be amended or the rights of the Manager thereunder sold, transferred, pledged or otherwise in any manner encumbered without the affirmative vote or written consent of the holders of the majority of the outstanding voting securities of the Fund; this Agreement shall automatically and immediately terminate in the event of its assignment.

Appears in 13 contracts

Samples: Investment Advisory Agreement (Oppenheimer Equity Fund), Investment Advisory Agreement (Oppenheimer Equity Fund), Investment Advisory Agreement (Oppenheimer Capital Income Fund)

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Assignment or Amendment. This Agreement may not be amended or the rights of the Manager thereunder Adviser hereunder sold, transferred, pledged or otherwise in any manner encumbered without the affirmative vote or written consent of the holders of the majority of the outstanding voting securities of the Fund; this Agreement shall automatically and immediately terminate in the event of its assignmentassignment (as that term is defined in the Investment Company Act).

Appears in 1 contract

Samples: Investment Advisory Agreement (Nakoma Mutual Funds)

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