Common use of Current Funds Clause in Contracts

Current Funds. With respect to each of the Funds listed on Schedule A as of May 15, 2001 ("Current Funds"), this Agreement shall be effective as of the date that the relevant Original Agreement became effective with respect to that Current Fund ("Original Agreement Date"), provided that with respect to any Current Fund the Original Agreement was approved in accordance with the terms of the Original Agreement. For each Current Fund, this Agreement shall continue in effect, unless sooner terminated, as provided herein, for two years from the Original Agreement Date for that Current Fund and shall continue from year to year thereafter, provided each continuance is specifically approved at least annually by (i) the vote of a majority of the members of the relevant Board or (ii) a vote of a "majority" (as defined in the 0000 Xxx) of the Current Fund's outstanding voting securities, provided that in either event the continuance is also approved by a majority of the members of the relevant Board who are not "interested persons" (as defined in the 0000 Xxx) of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval.

Appears in 3 contracts

Samples: Investment Advisory Agreement (Munder Funds Trust), Investment Advisory Agreement (St Clair Funds Inc), Agreement (St Clair Funds Inc)

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Current Funds. With respect to each of the Funds listed on Schedule A as of May 15June 13, 2001 2003 ("Current Funds"), ) this Agreement shall be effective as of the date that the relevant Original Pre-Reorganization Agreement became effective with respect to that Current for the Munder Healthcare Fund or June 13, 2003 for the Funds of MST, as applicable ("Original Agreement Date"), provided that with respect to any Current Fund the Original Agreement was approved in accordance with the terms of the Original Agreement. For each Current Fund, this Agreement shall continue in effecteffect as the date hereof, unless sooner terminated, as provided herein, for two years from the Original Agreement Date for that Current Fund and shall continue from year to year thereafter, provided each continuance is specifically approved at least annually by (i) the vote of a majority of the members of the relevant Board or (ii) a vote of a "majority" (as defined in the 0000 Xxx) of the Current Fund's outstanding voting securities, provided that in either event the continuance is also approved by a majority of the members of the relevant Board who are not "interested persons" (as defined in the 0000 Xxx) of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval.

Appears in 2 contracts

Samples: Munder Framlington Funds Trust, Munder Series Trust

Current Funds. With respect to each of the Funds listed on Schedule A as of May 15, 2001 ("Current Funds"), ) this Agreement shall be effective as of the date that the relevant Original Agreement became effective with respect to that Current Fund ("Original Agreement Date"), provided that with respect to any Current Fund the Original Agreement was approved in accordance with the terms of the Original Agreement. For each Current Fund, this Agreement shall continue in effect, unless sooner terminated, as provided herein, for two years from the Original Agreement Date for that Current Fund and shall continue from year to year thereafter, provided each continuance is specifically approved at least annually by (i) the vote of a majority of the members of the relevant Board or (ii) a vote of a "majority" (as defined in the 0000 Xxx) of the Current Fund's outstanding voting securities, provided that in either event the continuance is also approved by a majority of the members of the relevant Board who are not "interested persons" (as defined in the 0000 Xxx) of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval.

Appears in 2 contracts

Samples: Munder Framlington Funds Trust, Munder Framlington Funds Trust

Current Funds. With respect to each of the Funds listed on Schedule A as of May 15June 13, 2001 2003 ("Current Funds"), ) this Agreement shall be effective as of the date that the relevant Original Pre-Reorganization Agreement or MST Agreement, as applicable, became effective with respect to that Current Fund ("Original Agreement Date"), provided that with respect to any Current Fund the Original Agreement was approved in accordance with the terms of the Original Agreement. For each Current Fund, this Agreement shall continue in effecteffect as the date hereof, unless sooner terminated, as provided herein, for two years from the Original Agreement Date for that Current Fund and shall continue from year to year thereafter, provided each continuance is specifically approved at least annually by (i) the vote of a majority of the members of the relevant Board or (ii) a vote of a "majority" (as defined in the 0000 Xxx) of the Current Fund's outstanding voting securities, provided that in either event the continuance is also approved by a majority of the members of the relevant Board who are not "interested persons" (as defined in the 0000 Xxx) of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval.

Appears in 2 contracts

Samples: Munder Framlington Funds Trust, Munder Series Trust

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Current Funds. With This Agreement shall be effective with respect to each of the Funds listed on Schedule A as of May 15the dates set forth thereon, 2001 which dates are intended to reflect the date upon which each such Fund commenced operations pursuant to an effective registration statement under the Securities Act of 1933, as amended, and the 1940 Act ("Current Funds"), this Agreement shall be effective as of the date that the relevant Original Agreement became effective with respect to that Current Fund ("Original Agreement Date"), provided that with respect to any Current Fund the Original Agreement was approved in accordance with the terms of the Original Agreement. For each Current Fund, this Agreement shall continue in effect, unless sooner terminated, as provided herein, for two years from the Original Agreement Date for that Current Fund initial effective date and shall continue from year to year thereafter, provided each continuance is specifically approved at least annually by (i) the vote of a majority of the members of the relevant Board or (ii) a vote of a "majority" (as defined in the 0000 Xxx) of the Current Fund's ’s outstanding voting securities, provided that in either event the continuance is also approved by a majority of the members of the relevant Board who are not "interested persons" (as defined in the 0000 Xxx) of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval.

Appears in 1 contract

Samples: Investment Advisory Agreement (Smead Funds Trust)

Current Funds. With respect to each of the Funds listed on Schedule A as of May 15June 13, 2001 2003 ("Current Funds"), this Agreement shall be effective as of the date that the relevant Original Pre-Reorganization Agreement or MST Agreement, as applicable, became effective with respect to that Current Fund ("Original Agreement Date"), provided that with respect to any Current Fund the Original Agreement was approved in accordance with the terms of the Original Agreement. For each Current Fund, this Agreement shall continue in effecteffect from the date hereof, unless sooner terminated, as provided herein, for two years from the Original Agreement Date for that Current Fund and shall continue from year to year thereafter, provided each continuance is specifically approved at least annually by (i) the vote of a majority of the members of the relevant Board or (ii) a vote of a "majority" (as defined in the 0000 Xxx) of the Current Fund's outstanding voting securities, provided that in either event the continuance is also approved by a majority of the members of the relevant Board who are not "interested persons" (as defined in the 0000 Xxx) of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval.

Appears in 1 contract

Samples: Combined Investment Advisory Agreement (Munder Framlington Funds Trust)

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