Common use of Term and Effectiveness Clause in Contracts

Term and Effectiveness. This Agreement shall become effective as of the first date written above. Once effective, this Agreement shall remain in effect for two years, and thereafter shall continue automatically for successive one-year periods; provided that such continuance is specifically approved at least annually by: (i) the vote of the Board of Directors, or by the vote of a majority of the outstanding voting securities of the Company and (ii) the vote of a majority of the Company’s directors who are not parties to this Agreement or “interested persons” (as such term is defined in Section 2(a)(19) of the 1940 Act, or any successor provision thereto) of any such party (the “Independent Directors”), in accordance with the requirements of the 1940 Act.

Term and Effectiveness. This Agreement shall become effective as of the first date written above. Once effective, this Agreement hereof and shall remain in effect for two years, and thereafter shall continue automatically for successive one-year annual periods; , provided that such continuance is specifically approved at least annually by: by (i) the vote of the Board of DirectorsBoard, or by the vote of a majority of the outstanding voting securities of the Company and (ii) the vote of a majority of the Company’s directors who are not parties to this Agreement or “interested persons” (as such term is defined in Section 2(a)(19) of the 1940 Act, or any successor provision thereto0000 Xxx) of any such party (the “Independent Directors”)party, in accordance with the requirements of the 1940 ActAct (“Independent Directors”).

Term and Effectiveness. This Agreement shall become effective as of the first date written above[ ]. Once effective, this Agreement shall remain in effect for two years, and thereafter shall continue automatically for successive one-year periods; , provided that such continuance is specifically approved at least annually by: (i) the vote of the Board of Directors, or by the vote of a majority of the outstanding voting securities of the Company and (ii) the vote of a majority of the Company’s directors who are not parties to this Agreement or “interested persons” (as such term is defined in Section 2(a)(19) of the 1940 Act, or any successor provision thereto0000 Xxx) of any such party (the “Independent Directors”), in accordance with the requirements of the 1940 Act.

Term and Effectiveness. This Agreement shall become be effective as of the date first date written above. Once effective, this Agreement above and shall remain in effect for two (2) years, and thereafter shall continue automatically for successive one-year periods; , provided that that, such continuance is specifically approved at least annually by: (i) the vote of the Board of Directors, or by the vote of a majority of the outstanding voting securities of the Company Company, and (ii) the vote of a majority of the Company’s directors who are not parties to this Agreement or “interested persons” (as such term is defined in Section 2(a)(19) of the 1940 Act, or any successor provision thereto1000 Xxx) of any such party (the “Independent Directors”), in accordance with the requirements of the 1940 Act.

Term and Effectiveness. This Agreement shall become effective as of the first date written abovehereof. Once effective, this This Agreement shall remain in effect for two years, and thereafter shall continue automatically for successive one-year periods; , provided that such continuance is specifically approved at least annually by: (i) the vote of the Board of DirectorsBoard, or by the vote of a majority of the outstanding voting securities of the Company Company. and (ii) the vote of a majority of the Company’s 's directors who are not parties to this Agreement or “"interested persons” " (as such term is defined in Section 2(a)(192(a)(l9) of the 1940 Act, or any successor provision thereto) (the "Independent Directors") of any such party (the “Independent Directors”)party, in accordance with the requirements of the 1940 Act.

Term and Effectiveness. This Agreement shall become effective as of the first date written above. Once effective, this Agreement hereof and shall remain in effect for two (2) years, and thereafter shall continue automatically for successive one-year periods; , provided that that, such continuance is specifically approved at least annually by: (i) the vote of the Board of Directors, or by the vote of a majority of the outstanding voting securities of the Company Company, and (ii) the vote of a majority of the Company’s directors who are not parties to this Agreement or “interested persons” (as such term is defined in Section 2(a)(19) of the 1940 Act, or any successor provision thereto0000 Xxx) of any such party (the “Independent Directors”), in accordance with the requirements of the 1940 Act.

Term and Effectiveness. This Agreement shall become effective as of the date first date written above. Once effective, this Agreement shall remain in effect for two years, and thereafter shall continue automatically for successive one-year periods; , provided that such continuance is specifically approved at least annually by: (i) the vote of the Board of DirectorsBoard, or by the vote of a majority of the outstanding voting securities of the Company and (ii) the vote of a majority of the Company’s directors who are not parties to this Agreement or “interested persons” (as such term is defined in Section 2(a)(19) of the 1940 Act, or any successor provision thereto) of any such party (the “Independent Directors”)) of any such party, in accordance with the requirements of the 1940 Act.

Term and Effectiveness. This Agreement shall become effective as of the first date written above[ ]. Once effective, this Agreement shall remain in effect for two years, and thereafter shall continue automatically for successive one-year periods; , provided that such continuance is specifically approved at least annually by: (i) the vote of the Board of Directors, or by the vote of a majority of the outstanding voting securities of the Company and (ii) the vote of a majority of the Company’s directors who are not parties to this Agreement or “interested persons” (as such term is defined in Section 2(a)(19) of the 1940 Act, or any successor provision theretoXxx) of xf any such party (the “Independent Directors”), in accordance with the requirements of the 1940 Act.

Term and Effectiveness. This Agreement shall become effective as of the first date written abovehereof. Once effective, this This Agreement shall remain in effect for two years, and thereafter shall continue automatically for successive one-year periods; , provided that such continuance is specifically approved at least annually by: (i) the vote of the Board of DirectorsBoard, or by the vote of a majority of the outstanding voting securities of the Company Company. and (ii) the vote of a majority of the Company’s directors who are not parties to this Agreement or “interested persons” (as such term is defined in Section 2(a)(19) of the 1940 Act, or any successor provision thereto) of any such party (the “Independent Directors”)) of any such party, in accordance with the requirements of the 1940 Act.

Term and Effectiveness. This Agreement shall become effective as of the first date written above[ ]. Once effective, this Agreement shall remain in effect for two years, and thereafter shall continue automatically for successive one-year periods; , provided that such continuance is specifically approved at least annually by: (i) the vote of the Board of Directors, or by the vote of a majority of the outstanding voting securities of the Company and (ii) the vote of a majority of the Company’s directors who are not parties to this Agreement or “interested persons” (as such term is defined in Section 2(a)(19) of the 1940 Act, or any successor provision thereto1000 Xxx) of any such party (the “Independent Directors”), in accordance with the requirements of the 1940 Act.