Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 8 contracts
Samples: Shares Distribution Agreement (Mercury Asset Management Funds Inc), Shares Distribution Agreement (Mercury Asset Management Funds Inc), Distribution Agreement (Mercury Asset Management Funds Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years thereafter and thereafterthereafter continue from year to year, but only for so long as such continuance is specifically approved at least annually by (i) the Directors of the Fund, or by the vote of a majority of the outstanding Class I voting securities of the Fund Fund, and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by the vote of a majority of the outstanding Class I voting securities of the Fund, or by the DistributorAdministrator, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 7 contracts
Samples: Administration Agreement (Merrill Lynch Basic Value Fund Inc), Administration Agreement (Merrill Lynch Small Cap Value Fund Inc), Administration Agreement (Mercury Basic Value Fund Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I B voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I B voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.or
Appears in 7 contracts
Samples: Distribution Agreement (Mercury Asset Management Funds Inc), Distribution Agreement (Mercury Asset Management Funds Inc), Distribution Agreement (Mercury Asset Management Funds Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I A voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I A voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.or
Appears in 6 contracts
Samples: Shares Distribution Agreement (Mercury Asset Management Funds Inc), Shares Distribution Agreement (Mercury Asset Management Funds Inc), Shares Distribution Agreement (Mercury Asset Management Funds Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I C voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I C voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.or
Appears in 6 contracts
Samples: Shares Distribution Agreement (Mercury Asset Management Funds Inc), Distribution Agreement (Mercury Asset Management Funds Inc), Shares Distribution Agreement (Mercury Asset Management Funds Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I A voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I A voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 5 contracts
Samples: Shares Distribution Agreement (Mercury Asset Management Funds Inc), Shares Distribution Agreement (Merrill Lynch Global Financial Services Fund Inc), Shares Distribution Agreement (Mercury Asset Management Funds Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for until two years after the date first above written, and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 5 contracts
Samples: Distribution Agreement (Merrill Lynch Internet Strategies Fund Inc), Class C Shares (Merrill Lynch Focus Twenty Fund Inc), Distribution Agreement (Merrill Lynch Premier Growth Fund Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years thereafter and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors Trustees or by the vote of a majority of the outstanding Class I voting securities of the Fund Trust and (ii) by the vote of a majority of those Directors Trustees who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors Trustees or by vote of a majority of the outstanding Class I voting securities of the Fund, or by the DistributorPlacement Agent, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 4 contracts
Samples: Placement Agent Agreement (Master Focus Twenty Trust), Placement Agent Agreement (MASTER Value Opportunities Trust), Placement Agent Agreement (MASTER Value Opportunities Trust)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years thereafter and thereafterthereafter continue from year to year, but only for so long as such continuance is specifically Exhibit 8(a) ------------ approved at least annually by (i) the Directors Directors, or by the vote of a majority of the outstanding Class I voting securities of the Fund Master LLC, and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors Directors, or with respect to any one Fund, by the vote of a majority of the outstanding Class I voting securities of the that Fund, or by the DistributorPlacement Agent, on sixty (60) days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 4 contracts
Samples: Agent Agreement (Master Money LLC), Placement Agent Agreement (Master Government Securities LLC), Placement Agent Agreement (Master Treasury LLC)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years thereafter and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors Trustees or by the vote of a majority of the outstanding Class I voting securities of the Fund Trust and (ii) by the vote of a majority of those Directors Trustees who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors Trustees or by vote of a majority of the outstanding Class I voting securities of the FundTrust, or by the DistributorPlacement Agent, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 3 contracts
Samples: Placement Agent Agreement (Master Basic Value Trust), Placement Agent Agreement (Master Internet Strategies Trust), Placement Agent Agreement (Master Basic Value Trust)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for until two years after the date first above written, and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors Directors, or by the vote of a majority of the outstanding Class I voting securities of the Fund Fund, and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 3 contracts
Samples: Distribution Agreement (Mercury Senior Floating Rate Fund Inc), Distribution Agreement (Merrill Lynch Sr Float Rate Fd), Distribution Agreement (Merrill Lynch Senior Floating Rate Fund Ii Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I B voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I B voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 3 contracts
Samples: Distribution Agreement (Mercury Asset Management Funds Inc), Distribution Agreement (Merrill Lynch Global Financial Services Fund Inc), Distribution Agreement (Mercury Vi Funds Inc)
Duration and Termination of this Agreement. This Agreement ------------------------------------------ shall become effective as of the date first above written and shall remain in force for two years until _____ ___, 2002, and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I A voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I A voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 3 contracts
Samples: Distribution Agreement (Merrill Lynch Asset Builder Program Inc), Agreement (Merrill Lynch Asset Builder Program Inc), Agreement (Merrill Lynch Asset Builder Program Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years thereafter and thereafterthereafter continue from year to year, but only for so long as such continuance is specifically approved at least annually by (i) the Directors Trustees of the Trust, or by the vote of a majority of the outstanding Class I voting securities of the Fund Fund, and (ii) by the vote of a majority of those Directors Trustees who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors Trustees or by the vote of a majority of the outstanding Class I voting securities of the Fund, or by the DistributorAdministrator, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 3 contracts
Samples: Administration Agreement (Mercury Hw Funds), Administration Agreement (Hotchkis & Wiley Funds), Administration Agreement (Mercury Hw Funds)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years thereafter and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I voting securities of the Fund Company and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I voting securities of the Fundeach Portfolio, or by the DistributorPlacement Agent, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 3 contracts
Samples: Placement Agent Agreement (Master Basic Value LLC), Placement Agent Agreement (Master Large Cap Series LLC), Placement Agent Agreement (Short Term Bond Master LLC)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for until two years after the date first above written, and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors Directors, or by the vote of a majority of the outstanding Class I B voting securities of the Fund Fund, and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I B voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 3 contracts
Samples: Distribution Agreement (Mercury Focus Twenty Fund Inc), Distribution Agreement (Mercury Premier Growth Fund Inc), Distribution Agreement (Mercury Internet Strategies Fund Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years thereafter and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors Trustees or by the vote of a majority of the outstanding Class I voting securities of the Fund Trust and (ii) by the vote of a majority of those Directors Trustees who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors Trustees or by vote of a majority of the outstanding Class I voting securities of the Fundeach Series, or by the DistributorPlacement Agent, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 3 contracts
Samples: Placement Agent Agreement (Master Investment Portfolio), Placement Agent Agreement (Short Term Bond Master Trust), Placement Agent Agreement (Short Term Bond Master Trust)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years until April 30, 2000 and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 2 contracts
Samples: Shares Distribution Agreement (Merrill Lynch Disciplined Growth Fund Inc), Shares Distribution Agreement (Merrill Lynch Disciplined Growth Fund Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for until two years after the date first above written, and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors Directors, or by the vote of a majority of the outstanding Class I B voting securities of the Fund Fund, and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I B voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.or
Appears in 2 contracts
Samples: Distribution Agreement (Mercury Premier Growth Fund Inc), Distribution Agreement (Mercury Focus Twenty Fund Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I C voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I C voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 2 contracts
Samples: Shares Distribution Agreement (Merrill Lynch Global Financial Services Fund Inc), Shares Distribution Agreement (Mercury Asset Management Funds Inc)
Duration and Termination of this Agreement. This Agreement ------------------------------------------ shall become effective as of the date first above written and shall remain in force for until two years after the date first above written, and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors Directors, or with respect to any one Fund, by the vote of a majority of the outstanding Class I voting securities of the that Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, with respect to any Fund or Funds by the Directors or by vote of a majority of the outstanding Class I voting securities of the Fundapplicable Fund(s), or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 2 contracts
Samples: Distribution Agreement (Merrill Lynch Mid Cap Growth Fund Inc), Distribution Agreement (Merrill Lynch Capital Fund Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years thereafter and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors Trustees or by the vote of a majority of the outstanding Class I voting securities of the Fund Trust and (ii) by the vote of a majority of those Directors Trustees who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors Trustees or by vote of a majority of the outstanding Class I voting securities of the Fundeach Portfolio, or by the DistributorPlacement Agent, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 2 contracts
Samples: Placement Agent Agreement (Master Senior Floating Rate Trust), Placement Agent Agreement (Master Senior Floating Rate Trust)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years until September 30, 1990 and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors Directors, or by the vote of a majority of the outstanding Class I B voting securities of the Fund Fund, and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I B voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 2 contracts
Samples: Distribution Agreement (Merrill Lynch Phoenix Fund Inc), Distribution Agreement (Merrill Lynch Basic Value Fund Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written written, and shall remain in force for two years thereafter and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors Directors, or by the vote of a majority of the outstanding Class I voting securities of the Fund Fund, and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by the vote of a majority of the outstanding Class I voting securities of the Fund, or by the DistributorInvestment Adviser, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Merrill Lynch Large Cap Growth Focus of Mercury Vi Funds In), Investment Advisory Agreement (Mercury Vi Funds Inc)
Duration and Termination of this Agreement. This Agreement ------------------------------------------ shall become effective as of the date first above written and shall remain in force for two years until _______, ____, and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors Directors, or by the vote of a majority of the outstanding Class I B voting securities of the Fund Fund, and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I B voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 2 contracts
Samples: Agreement (Merrill Lynch Large Cap Series Funds Inc), Mercury Large Cap Series Funds Inc
Duration and Termination of this Agreement. This Agreement ------------------------------------------ shall become effective as of the date first above written and shall remain in force for two years until _____, ____ and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I A voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I A voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 2 contracts
Samples: Agreement (Merrill Lynch Large Cap Series Funds Inc), Mercury Large Cap Series Funds Inc
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for until two years after the date first above written, and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding voting Class I voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 2 contracts
Samples: Distribution Agreement (Mercury Focus Twenty Fund Inc), Distribution Agreement (Mercury Premier Growth Fund Inc)
Duration and Termination of this Agreement. This Agreement ------------------------------------------ shall become effective as of the date first above written and shall remain in force for two years until October 21, 1995 and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I voting securities of the Fund, or by the DistributorDis tributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 2 contracts
Samples: Distribution Agreement (Merrill Lynch Balanced Fd for Inv & Ret), Distribution Agreement (Merrill Lynch Balanced Fd for Inv & Ret)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for until two years after the date first above written, and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I A voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I A voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 2 contracts
Samples: Distribution Agreement (Mercury Premier Growth Fund Inc), Distribution Agreement (Mercury Focus Twenty Fund Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for until two years after the date first above written, and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors Trustees, or with respect to any one Fund, by the vote of a majority of the outstanding Class I voting securities of the that Fund and (ii) by the vote of a majority of those Directors Trustees who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, with respect to any Fund or Funds by the Directors Trustees or by vote of a majority of the outstanding Class I voting securities of the Fundapplicable Fund(s), or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 2 contracts
Samples: Distribution Agreement (Mercury Hw Funds), Distribution Agreement (Hotchkis & Wiley Funds)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for until two years after the date first above written, and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors Board of Directors, or with respect to any one Fund, by the vote of a majority of the outstanding Class I voting securities of the that Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, with respect to any Fund or Funds by the Board of Directors or by vote of a majority of the outstanding Class I voting securities of the Fundapplicable Fund(s), or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Investment Managers Funds Inc)
Duration and Termination of this Agreement. This Agreement ------------------------------------------ shall become effective as of the date first above written and shall remain in force for two years until ______ ___, 2002, and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors Directors, or by the vote of a majority of the outstanding Class I B voting securities of the Fund Fund, and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I B voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Agreement (Merrill Lynch Asset Builder Program Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years until October 21st, 1995 and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Utility Income Fund Inc)
Duration and Termination of this Agreement. This Agreement ------------------------------------------ shall become effective as of the date first above written and shall remain in force for two years until , 2000 and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors Trustees or by the vote of a majority of the outstanding Class I voting securities of the Fund and (ii) by the vote of a majority of those Directors Trustees who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors Trustees or by vote of a majority of the outstanding Class I voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Distribution Agreement (Financial Institutions Series Trust)
Duration and Termination of this Agreement. This Agreement ------------------------------------------ shall become effective as of the date first above written and shall remain in force for two years and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I C voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I C voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Shares Distribution Agreement (Merrill Lynch Global Financial Services Fund Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years until _____, ____ and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I A voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I A voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Shares Distribution Agreement (Mercury Internet Strategies Fund Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years until September 30, 1991 and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Board of Directors of the Fund, or by the vote of a majority of the outstanding Class I voting securities of the Fund Fund, and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Board of Directors or by vote of a majority of the outstanding Class I voting securities of the Fund, or by the DistributorInvestment Adviser, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Investment Advisory Agreement (Merrill Lynch Sr Float Rate Fd)
Duration and Termination of this Agreement. This Agreement ------------------------------------------ shall become effective as of the date first above written and shall remain in force for two years until _______, ____, and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors Directors, or by the vote of a majority of the outstanding Class I C voting securities of the Fund Fund, and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I C voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Mercury Large Cap Series Funds Inc
Duration and Termination of this Agreement. This Agreement ------------------------------------------ shall become effective as of the date first above written and shall remain in force for two years until ______ ___, 2000, and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I B voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I B voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Asset Builder Program Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years until _________, 1999 and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Real Estate Fund Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years until December 31, 1998 and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I voting securities of the FundCorporation, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Index Funds Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years until __________, ____ and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I C voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I C voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years until _____, ____ and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Mercury Internet Strategies Fund Inc
Duration and Termination of this Agreement. This Agreement ------------------------------------------ shall become effective as of the date first above written and shall remain in force for two years from such date and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I voting securities of the Fund Corporation and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I voting securities of the FundCorporation, or by the Distributor, on sixty (60) days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Exhibit 6 Distribution Agreement (Battery Park Fund Inc\fa)
Duration and Termination of this Agreement. This ------------------------------------------ Agreement shall become effective as of the date first above written and shall remain in force for two years until __________, 19__ and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Corporate High Yield Fund Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years until October 21, 1995 and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. 15 This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Fundamental Growth Fund Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written indicated on Schedule A and shall remain in force for two years with respect to any Fund until May 1, 2001 and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or or, with respect to any one Fund, by the vote of a majority of the outstanding Class I voting securities of the that Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, with respect to any Fund or Funds by the Directors or by vote of a majority of the outstanding Class I voting securities of the Fundapplicable Fund(s), or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Index Funds Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years until October 21, 1995 and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of 15 any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Fundamental Growth Fund Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years until May 31, 1994 and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Board of Directors of the Fund, or by the vote of a majority of the outstanding Class I voting securities of the Fund Fund, and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Board of Directors or by vote of a majority of the outstanding Class I voting securities of the Fund, or by the DistributorInvestment Adviser, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Investment Advisory Agreement (Muniyield Quality Fund Inc)
Duration and Termination of this Agreement. This Agreement ------------------------------------------ shall become effective as of the date first above written and shall remain in force for two years until ______________________________________ and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors Trustees or by the vote of a majority of the outstanding Class I voting securities of the Fund Trust and (ii) by the vote of a majority of those Directors Trustees who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors Trustees or by vote of a majority of the outstanding Class I voting securities of the FundTrust, or by the DistributorPlacement Agent, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Placement Agent Agreement (Global Financial Services Master Trust)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I voting securities of the Fund Corporation and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I voting securities of the FundCorporation, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Distribution Agreement (Mercury Target Select Equity Fund Inc)
Duration and Termination of this Agreement. This Agreement shall ------------------------------------------ become effective as of the date first above written and shall remain in force for two years until _______ ___, 2002 and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors Directors, or by the vote of a majority of the outstanding Class I C voting securities of the Fund Fund, and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I C voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Agreement (Merrill Lynch Asset Builder Program Inc)
Duration and Termination of this Agreement. This Agreement ------------------------------------------ shall become effective as of the date first above written and shall remain in force for two years until October 21, 1995 and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Balanced Fd for Inv & Ret)
Duration and Termination of this Agreement. This Agreement ------------------------------------------ shall become effective as of the date first above written and shall remain in force for two years and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I D voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I D voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Global Financial Services Fund Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years until ________________ and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Board of Directors of the Fund, or by the vote of a majority of the outstanding Class I voting securities of the Fund Fund, and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Board of Directors or by vote of a majority of the outstanding Class I voting securities of the Fund, or by the DistributorInvestment Adviser, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Investment Advisory Agreement (Muniyield New Jersey Fund Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years from such date and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I voting securities of the Fund Corporation and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I voting securities of the FundCorporation, or by the Distributor, on sixty (60) days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Distribution Agreement (Nomura Pacific Basin Fund Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I C voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I C voting securities of the FundFund , or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.or
Appears in 1 contract
Samples: Shares Distribution Agreement (Mercury Asset Management Funds Inc)
Duration and Termination of this Agreement. This Agreement ------------------------------------------ shall become effective as of the date first above written and shall remain in force for two years until _____ ___, 2002, and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Agreement (Merrill Lynch Asset Builder Program Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years until November 30, 1993 and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors Trustees, or by the vote of a majority of the outstanding Class I B voting securities of the Fund Fund, and (ii) by the vote of a majority of those Directors Trustees who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors Trustees or by vote of a majority of the outstanding Class I Classs B voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Federal Securities Trust)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years until June 18, 1995 and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Board of Directors of the Fund, or by the vote of a majority of the outstanding Class I voting securities of the Fund Fund, and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Board of Directors or by vote of a majority of the outstanding Class I voting securities of the Fund, or by the DistributorInvestment Adviser, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Investment Advisory Agreement (Muniassets Fund Inc)
Duration and Termination of this Agreement. This ------------------------------------------ Agreement shall become effective as of the date first above written and shall remain in force for two years until _______ __, 199__ and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Corporate High Yield Fund Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years until , 1993 and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors Directors, or by the vote of a majority of the outstanding Class I B voting securities of the Fund Fund, and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I B voting securities of the Fund, or by the Distributor, on sixty days' , written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.other
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Municipal Bond Fund Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years until _______ ___, 2002 and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors Directors, or by the vote of a majority of the outstanding Class I C voting securities of the Fund Fund, and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I C voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Shares Distribution Agreement (Merrill Lynch Global Holdings Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years until _________, 1999, and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors Directors, or by the vote of a majority of the outstanding Class I voting securities of the Fund Fund, and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Real Estate Fund Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years until November 30, 1993 and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Board of Directors of the Fund, or by the vote of a majority of the outstanding Class I voting securities of the Fund Fund, and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Board of Directors or by vote of a majority of the outstanding Class I voting securities of the Fund, or by the DistributorInvestment Adviser, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Duration and Termination of this Agreement. This Agreement ------------------------------------------ shall become effective as of the date first above written and shall remain in force for two years until _____ ___, 2000, and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I C voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I C voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Asset Builder Program Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years until January 31, 1994 and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Board of Directors of the Fund, or by the vote of a majority of the outstanding Class I voting securities of the Fund Fund, and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Board of Directors or by vote of a majority of the outstanding Class I voting securities of the Fund, or by the DistributorInvestment Adviser, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Investment Advisory Agreement (Muniyield Michigan Fund Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years until _____ ___, 2002, and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I A voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I A voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Shares Distribution Agreement (Merrill Lynch Global Holdings Inc)
Duration and Termination of this Agreement. This Agreement ------------------------------------------ shall become effective as of the date first above written and shall remain in force for two years until [DATE] and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors Trustees, or by the vote of a majority of the outstanding Class I B voting securities of the Fund Fund, and (ii) by the vote of a majority of those Directors Trustees who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors Trustees or by vote of a majority of the outstanding Class I B voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall terminate automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Oregon Municipal Bond Fund of MLMSMST)
Duration and Termination of this Agreement. This Agreement ------------------------------------------ shall become effective as of the date first above written and shall remain in force for two years until _____ ___, 2000, and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I D voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I D voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Asset Builder Program Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years until _____ ___, 2002, and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Merrill Lynch Global Holdings Inc
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years until __________, 2007 and thereafter, but shall continue thereafter only for so long as such continuance is specifically approved at least annually by (i) the Directors Trustees of the Trust, or by the vote of a majority of the outstanding Class I voting securities of the Fund Fund, and (ii) by the vote of a majority of those Directors Trustees who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors Trustees of the Trust or by vote of a majority of the outstanding Class I voting securities of the Fund, or by the DistributorManager, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Management Agreement (Cma Multi State Municipal Series Trust)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years until _____________, 2000 and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Technology Leaders Fund Inc)
Duration and Termination of this Agreement. This ------------------------------------------ Agreement shall become effective as of the date first above written and shall remain in force for two years until ____________, 19__ and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors Directors, or by the vote of a majority of the outstanding Class I voting securities of the Fund Fund, and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Corporate High Yield Fund Inc)
Duration and Termination of this Agreement. This Agreement ------------------------------------------ shall become effective as of the date first above written and shall remain in force for two years and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I A voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I A voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Shares Distribution Agreement (Merrill Lynch Global Financial Services Fund Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years until October 21, 1995 and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This 16 Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Fundamental Growth Fund Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years until _________, 19__ and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Corporate High Yield Fund Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years until _________, 2000, and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors Directors, or by the vote of a majority of the outstanding Class I voting securities of the Fund Fund, and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Technology Leaders Fund Inc)
Duration and Termination of this Agreement. This Agreement ------------------------------------------ shall become effective as of the date first above written and shall remain in force for two years and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I B voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I B voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Shares Distribution Agreement (Merrill Lynch Global Financial Services Fund Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years until _____, ____ and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I D voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I D voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Duration and Termination of this Agreement. This Agreement shall ------------------------------------------ become effective as of the date first above written and shall remain in force for two years until _____ ___, 2002, and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Agreement (Merrill Lynch Asset Builder Program Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years until May 31, 1995 and thereafter, but only for so long as such continuance specifically is specifically approved at least annually by (iI) the Board of Directors of the Fund, or by the vote of a majority of the outstanding Class I voting securities of the Fund Fund, and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the the- purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Board of Directors or by the vote of a majority of the outstanding Class I voting securities of the Fund, or by the DistributorInvestment Adviser, on sixty days' written notice to the other party. This Agreement automatically shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Investment Advisory Agreement (Corporate High Yield Fund Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years until March 31, 1989 and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors Trustees of the Fund, or by the vote of a majority of the outstanding Class I voting securities of the Fund Fund, and (ii) by the vote of a majority of those Directors Trustees who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may ray be terminated at any time, without the payment of any penalty, by the Directors MLAM or by vote of a majority of the outstanding Class I voting securities of the Fund, or by the DistributorMLAM U.K., on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignmentassignment or in the event of the termination of the Management Agreement.
Appears in 1 contract
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written written, and shall remain in force for two years thereafter and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors Directors, or by the vote of a majority of the outstanding Class I voting securities shares of the Fund Portfolio, and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose purposes of voting on such approval. This Agreement may be terminated at any time, as to the Portfolio, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I voting securities shares of the FundPortfolio, or by the DistributorAdviser, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Investment Advisory Agreement (Merrill Lynch Series Funds Inc)
Duration and Termination of this Agreement. This ------------------------------------------ Agreement shall become effective as of the date first above written and shall remain in force for two years until , 1999 and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I voting securities of the Fund Company and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I voting securities of the FundCompany, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Duration and Termination of this Agreement. This Agreement ----------------------------------- shall become effective as of the date first above written and shall remain in force for two years until , 1999 and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I voting securities of the Fund Company and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I voting securities of the FundCompany, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Duration and Termination of this Agreement. This ------------------------------------------ Agreement shall become effective as of the date first above written and shall remain in force for two years until _____, ____ and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Mercury Large Cap Series Funds Inc
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years until _______, ____, and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors Directors, or by the vote of a majority of the outstanding Class I B voting securities of the Fund Fund, and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I B voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Distribution Agreement (Mercury Internet Strategies Fund Inc)
Duration and Termination of this Agreement. This Agreement shall ------------------------------------------ become effective as of the date first above written and shall remain in force for two years until _______ ___, 2002, and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors Directors, or by the vote of a majority of the outstanding Class I B voting securities of the Fund Fund, and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I B voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Agreement (Merrill Lynch Asset Builder Program Inc)
Duration and Termination of this Agreement. This ------------------------------------------ Agreement shall become effective as of the date first above written and shall remain in force for two years until , 1999 and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors Directors, or by the vote of a majority of the outstanding Class I voting securities of the Fund Company, and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I voting securities of the FundCompany, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years until April 30, 2000, and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors Directors, or by the vote of a majority of the outstanding Class I voting securities of the Fund Fund, and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Disciplined Growth Fund Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years until _________________, and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors Directors, or by the vote of a majority of the outstanding Class I B voting securities of the Fund Fund, and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I B voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years until _________________ and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors Trustees or by the vote of a majority of the outstanding Class I voting securities of the Fund Trust and (ii) by the vote of a majority of those Directors Trustees who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors Trustees or by vote of a majority of the outstanding Class I voting securities of the FundTrust, or by the DistributorPlacement Agent, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Placement Agent Agreement (Global Financial Services Master Trust)
Duration and Termination of this Agreement. This Agreement ------------------------------------------ shall become effective as of the date first above written and shall remain in force for two years until __________, ____ and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I C voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I C voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Agreement (Merrill Lynch Large Cap Series Funds Inc)
Duration and Termination of this Agreement. This Agreement ------------------------------------------ shall become effective as of the date first above written and shall remain in force for two years until _______ ___, 2002, and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors Directors, or by the vote of a majority of the outstanding Class I C voting securities of the Fund Fund, and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I C voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Agreement (Merrill Lynch Asset Builder Program Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years until _________, 2000 and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Shares Distribution Agreement (Merrill Lynch Technology Leaders Fund Inc)
Duration and Termination of this Agreement. This Agreement ------------------------------------------ shall become effective as of the date first above written and shall remain in force for two years until , 1999 and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I voting securities of the Fund Company and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I voting securities of the FundCompany, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years until _______ ___, 2002, and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors Directors, or by the vote of a majority of the outstanding Class I B voting securities of the Fund Fund, and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I B voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Global Holdings Inc)
Duration and Termination of this Agreement. This Agreement shall become effective as of the date first above written and shall remain in force for two years until December 31, 1998 and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors Trustees or by the vote of a majority of the outstanding Class I voting securities of the Fund Trust and (ii) by the vote of a majority of those Directors Trustees who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors Trustees or by vote of a majority of the outstanding Class I voting securities of the FundTrust, or by the DistributorPlacement Agent, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Placement Agent Agreement (Merrill Lynch Index Trust)
Duration and Termination of this Agreement. This Agreement ------------------------------------------ shall become effective as of the date first above written and shall remain in force for two years until _____, ____ and thereafter, but only for so long as such continuance is specifically approved at least annually by (i) the Directors or by the vote of a majority of the outstanding Class I D voting securities of the Fund and (ii) by the vote of a majority of those Directors who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may be terminated at any time, without the payment of any penalty, by the Directors or by vote of a majority of the outstanding Class I D voting securities of the Fund, or by the Distributor, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.
Appears in 1 contract
Samples: Distribution Agreement (Merrill Lynch Large Cap Series Funds Inc)
