Common use of TERM AND TERMINATION OF THIS AGREEMENT; NO ASSIGNMENT Clause in Contracts

TERM AND TERMINATION OF THIS AGREEMENT; NO ASSIGNMENT. (a) This Agreement will become effective with respect to the Fund on the date hereof. The Agreement will, unless terminated as hereinafter provided, continue in effect for a period of two (2) years from the date of effectiveness with respect to the Fund. This Agreement will continue in effect thereafter for additional periods not exceeding one (1) year so long as such continuation is approved at least annually by (i) the Board or by the vote of a majority of the outstanding voting securities of the Fund and (ii) the vote of a majority of the Trustees of the Fund who are not parties to this Agreement nor interested persons thereof, cast in person at a meeting called for the purpose of voting on such approval. The terms “majority of the outstanding voting securities” and “interested persons” will have the meanings as set forth in the 1940 Act.

Appears in 2 contracts

Samples: Community Development Fund (Bluestone Community Development Fund), Investment Advisory Agreement (504 Fund)

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TERM AND TERMINATION OF THIS AGREEMENT; NO ASSIGNMENT. (a) This Agreement will become shall be effective with respect as to the Fund on Funds as of the date hereof. The of this Agreement will, and shall remain in effect for two years from the date thereof unless sooner terminated as hereinafter provided, continue in effect for a period of two (2) years from the date of effectiveness with respect to the Fund. This Agreement will shall continue in effect thereafter for additional periods not exceeding one (1) year so long as such continuation is approved for the Funds at least annually by (i) the Board of Trustees or by the a vote of a majority of the outstanding voting securities of the Fund and (ii) the vote of a majority of the Trustees of the Fund Trust who are not parties to this Agreement nor interested persons thereof, cast in person at as a meeting called for the purpose of voting on such approval. The terms term “majority of the outstanding voting securities” and “interested persons” will shall have the meanings as meaning set forth in the 1940 Act.;

Appears in 2 contracts

Samples: Investment Sub Advisory Agreement (Trust for Professional Managers), Investment Sub Advisory Agreement (Trust for Professional Managers)

TERM AND TERMINATION OF THIS AGREEMENT; NO ASSIGNMENT. (a) This Agreement will become effective with respect shall go into effect as to the Fund on as of the Effective Date of this Agreement, and shall remain in effect for two years from the date hereof. The Agreement will, thereof unless sooner terminated as hereinafter provided, continue in effect for a period of two (2) years from the date of effectiveness with respect to the Fund. This Agreement will shall continue in effect thereafter for additional periods not exceeding one (1l) year so long as such continuation is approved for the Fund at least annually by (i) the Board of Trustees or by the vote of a majority of the outstanding voting securities of the Fund and (ii) the vote of a majority of the Trustees of the Fund Trust who are not parties to this Agreement nor interested persons thereof, cast in person at a meeting called for the purpose of voting on such approval. The terms “majority of the outstanding voting securities” and “interested persons” will shall have the meanings as set forth in the 1940 Act.;

Appears in 1 contract

Samples: Investment Sub Advisory Agreement (Trust for Professional Managers)

TERM AND TERMINATION OF THIS AGREEMENT; NO ASSIGNMENT. (a) This Agreement will become effective with respect to the Fund on shall go into effect as of the date hereof. The set forth in this Agreement will, and shall remain in effect for two years from the date thereof unless sooner terminated as hereinafter provided, continue in effect for a period of two (2) years from the date of effectiveness with respect to the Fund. This Agreement will shall continue in effect thereafter for additional periods not exceeding one (1l) year so long as such continuation is approved for the Fund at least annually by (i) the Board of Trustees or by the vote of a majority of the outstanding voting securities of the Fund and (ii) the vote of a majority of the Trustees of the Fund Trust who are not parties to this Agreement nor interested persons thereof, cast in person at a meeting called for the purpose of voting on such approval. The terms “majority of the outstanding voting securities” and “interested persons” will shall have the meanings as set forth in the 1940 Act.;

Appears in 1 contract

Samples: Investment Sub Advisory Agreement (Trust for Professional Managers)

TERM AND TERMINATION OF THIS AGREEMENT; NO ASSIGNMENT. (a) This Agreement will become effective with respect shall go into effect as to the Fund on the date hereof. The Agreement willMarch 31, unless terminated as hereinafter provided2009, continue and shall remain in effect for a period of two (2) years from the date of effectiveness with respect to the Fundthis Agreement, unless sooner terminated as hereinafter provided. This Agreement will shall continue in effect thereafter for additional periods not exceeding one (1l) year so long as such continuation is approved for the Fund at least annually by (i) the Board of Trustees or by the vote of a majority of the outstanding voting securities of the Fund and (ii) the vote of a majority of the Trustees of the Fund Trust who are not parties to this Agreement nor interested persons thereof, cast in person at a meeting called for the purpose of voting on such approval. The terms “majority of the outstanding voting securities” and “interested persons” will shall have the meanings as set forth in the 1940 Act.;

Appears in 1 contract

Samples: Investment Sub Advisory Agreement (Trust for Professional Managers)

TERM AND TERMINATION OF THIS AGREEMENT; NO ASSIGNMENT. (a) This Agreement will become shall be effective with respect as to the Fund on as of the date hereof. The Effective Date of this Agreement will, unless terminated as hereinafter provided, continue and shall remain in effect for a period of two (2) years from the date of effectiveness with respect to the Fundhereof, unless sooner terminated as hereinafter provided. This Agreement will shall continue in effect thereafter for additional periods not exceeding one (1) year so long as such continuation is approved for the Fund at least annually by (i) the Board of Trustees or by the vote of a majority of the outstanding voting securities of the Fund and (ii) the vote of a majority of the Trustees of the Fund Trust who are not parties to this Agreement nor interested persons thereof, cast in person at a meeting called for the purpose of voting on such approval. The terms “majority of the outstanding voting securities” and “interested persons” will shall have the meanings as set forth in the 1940 Act.

Appears in 1 contract

Samples: Investment Sub Advisory Agreement (Trust for Professional Managers)

TERM AND TERMINATION OF THIS AGREEMENT; NO ASSIGNMENT. (a) This Agreement will become effective with respect shall go into effect as to the Fund on the date hereof. The Agreement willset forth above and shall, unless terminated as hereinafter provided, continue in effect for a period of two (2) years from the date of effectiveness with respect to the Fundyears. This Agreement will shall continue in effect thereafter for additional periods not exceeding one (1l) year so long as such continuation is approved for the Fund at least annually by (i) the Board of Trustees of the Trust or by the vote of a majority of the outstanding voting securities of the Fund and (ii) the vote of a majority of the Trustees of the Fund Trust who are not parties to this Agreement nor interested persons thereof, cast in person at a meeting called for the purpose of voting on such approval. The terms “majority of the outstanding voting securities” and “interested persons” will shall have the meanings as set forth in the 1940 Act.;

Appears in 1 contract

Samples: Investment Sub Advisory Agreement (Advisors Series Trust)

TERM AND TERMINATION OF THIS AGREEMENT; NO ASSIGNMENT. (a) This Agreement will become effective with respect to the Fund on shall go into effect upon the date hereof. The Agreement willset forth above, and shall remain in effect for two years from the date hereof unless sooner terminated as hereinafter provided, continue in effect for a period of two (2) years from the date of effectiveness with respect to the Fund. This Agreement will shall continue in effect thereafter for additional periods not exceeding one (1l) year so long as such continuation is approved for the Fund at least annually by (i) the Board of Trustees or by the vote of a majority of the outstanding voting securities of the Fund and (ii) the vote of a majority of the Trustees of the Fund Trust who are not parties to this Agreement nor interested persons thereof, cast in person at a meeting called for the purpose of voting on such approval. The terms “majority of the outstanding voting securities” and “interested persons” will shall have the meanings as set forth in the 1940 Act.;

Appears in 1 contract

Samples: Investment Sub Advisory Agreement (Trust for Professional Managers)

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TERM AND TERMINATION OF THIS AGREEMENT; NO ASSIGNMENT. (a) This Agreement will become shall be effective with respect as to the Fund on as of the date hereof. The Effective Date of this Agreement will, unless terminated as hereinafter provided, continue and shall remain in effect for a period of two (2) years from the date of effectiveness with respect to the Fundhereof, unless sooner terminated as hereinafter provided. This Agreement will shall continue in effect thereafter for additional periods not exceeding one (1l) year so long as such continuation is approved for the Fund at least annually by (i) the Board of Trustees or by the vote of a majority of the outstanding voting securities of the Fund and (ii) the vote of a majority of the Trustees of the Fund Trust who are not parties to this Agreement nor interested persons thereof, cast in person at a meeting called for the purpose of voting on such approval. The terms “majority of the outstanding voting securities” and “interested persons” will shall have the meanings as set forth in the 1940 Act.

Appears in 1 contract

Samples: Investment Sub Advisory Agreement (Trust for Professional Managers)

TERM AND TERMINATION OF THIS AGREEMENT; NO ASSIGNMENT. (a) This Agreement will become shall be effective with respect as to the Fund on Funds as of the date hereof. The Effective Date of this Agreement will, unless terminated as hereinafter provided, continue and shall remain in effect for a period of two (2) years from the date of effectiveness with respect to the Fundhereof, unless sooner terminated as hereinafter provided. This Agreement will shall continue in effect thereafter for additional periods not exceeding one (1l) year so long as such continuation is approved for the Fund at least annually by (i) the Board of Trustees or by the vote of a majority of the outstanding voting securities of the Fund and (ii) the vote of a majority of the Trustees of the Fund Trust who are not parties to this Agreement nor interested persons thereof, cast in person at a meeting called for the purpose of voting on such approval. The terms “majority of the outstanding voting securities” and “interested persons” will shall have the meanings as set forth in the 1940 Act.

Appears in 1 contract

Samples: Investment Sub Advisory Agreement (Trust for Professional Managers)

TERM AND TERMINATION OF THIS AGREEMENT; NO ASSIGNMENT. (a) This Agreement will shall become effective with respect as to the Fund on upon the date hereofEffective Date first set forth above. The Unless sooner terminated, this Agreement willshall continue for an initial period of no more than two years from the effective date, unless terminated as hereinafter provided, and thereafter shall continue in effect for a period of two (2) years from the date of effectiveness with respect to the Fund. This Agreement will continue in effect thereafter for successive additional periods not exceeding one (1l) year so long as such continuation is approved for the Fund at least annually by (i) the Board of Trustees of the Trust or by the vote of a majority of the outstanding voting securities of the Fund and (ii) the vote of a majority of the Board of Trustees of the Fund Trust who are not parties to this Agreement nor interested persons thereof, cast in person at a meeting called for the purpose of voting on such approval. The terms “majority of the outstanding voting securities” and “interested persons” will shall have the meanings as set forth in the 1940 Act.;

Appears in 1 contract

Samples: Investment Sub Advisory Agreement (Northern Lights Fund Trust)

TERM AND TERMINATION OF THIS AGREEMENT; NO ASSIGNMENT. (a) This Agreement will shall become effective with respect as to the Fund on upon the date hereofEffective Date first set forth above. The Unless sooner terminated, this Agreement willshall continue for an initial period of no more than two years from the effective date, unless terminated as hereinafter provided, and thereafter shall continue in effect for a period of two (2) years from the date of effectiveness with respect to the Fund. This Agreement will continue in effect thereafter for successive additional periods not exceeding one (1l) year so long as such continuation is approved for the Fund at least annually by (i) the Board of Trustees of the Trust or by the vote of a majority of the outstanding voting securities of the Fund and (ii) the vote of a majority of the Board of Trustees of the Fund Trust who are not parties to this Agreement nor interested persons thereof, cast in person at a meeting called for the purpose of voting on such approval. The terms “majority of the outstanding voting securities” and “interested persons” will shall have the meanings as set forth in the 1940 Act.

Appears in 1 contract

Samples: Investment Sub Advisory Agreement (Northern Lights Fund Trust)

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