Common use of Term of Agreement; Termination Clause in Contracts

Term of Agreement; Termination. This Agreement shall remain in effect with respect to the Fund until January 31, 2014, and shall continue in effect year to year thereafter, but only so long as such continuance is specifically approved at least annually by the affirmative vote of: (i) a majority of the Trustees who are not parties to this Agreement or interested persons (as defined in the 0000 Xxx) of any party to this Agreement, or of any entity regularly furnishing investment advisory services with respect to the Fund pursuant to an agreement with any party to this Agreement, cast in person at a meeting called for the purpose of voting on such approval; and (ii) a majority of the Board or the holders of a majority of the outstanding voting securities of the Fund. This Agreement may nevertheless be terminated at any time without penalty, on 60 days’ written notice, by the Board, by vote of holders of a majority of the outstanding voting securities of the Fund, or by the Advisor. Any notice to the Fund or the Advisor shall be deemed given when received by the addressee.

Appears in 5 contracts

Samples: Investment Management Agreement (Salient MF Trust), Investment Management Agreement (Salient MF Trust), Investment Management Agreement (Salient MF Trust)

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Term of Agreement; Termination. This Agreement shall remain in effect with respect to the Fund until January 31, 20142012, and shall continue in effect year to year thereafter, but only so long as such continuance is specifically approved at least annually by the affirmative vote of: (i) a majority of the Trustees members of the Fund's Board who are not parties to this Agreement or interested persons (as defined in the 0000 Xxx) of any party to this Agreement, or of any entity regularly furnishing investment advisory services with respect to the Fund pursuant to an agreement with any party to this Agreement, cast in person at a meeting called for the purpose of voting on such approval; and (ii) a majority of the Fund's Board or the holders of a majority of the outstanding voting securities of the Fund. This Agreement may nevertheless be terminated at any time without penalty, on 60 days' written notice, by the Fund's Board, by vote of holders of a majority of the outstanding voting securities of the Fund, or by the Advisor. Any notice to the a Fund or the Advisor shall be deemed given when received by the addressee.

Appears in 3 contracts

Samples: Investment Management Agreement (Salient Absolute Return Institutional Fund), Investment Management Agreement (Salient Absolute Return Master Fund), Investment Management Agreement (Salient Absolute Return Fund)

Term of Agreement; Termination. This Agreement shall remain in effect with respect to the Fund until January 31July 18, 20142015, and shall continue in effect year to year thereafter, but only so long as such continuance is specifically approved at least annually by the affirmative vote of: (i) a majority of the Trustees members of the Fund’s Board who are not parties to this Agreement or interested persons (as defined in the 0000 1000 Xxx) of any party to this Agreement, or of any entity regularly furnishing investment advisory services with respect to the Fund pursuant to an agreement with any party to this Agreement, cast in person at a meeting called for the purpose of voting on such approval; and (ii) a majority of the Fund’s Board or the holders of a majority of the outstanding voting securities of the Fund. This Agreement may nevertheless be terminated at any time without penalty, on 60 days’ written notice, by the Fund’s Board, by vote of holders of a majority of the outstanding voting securities of the Fund, or by the Advisor. Any notice to the a Fund or the Advisor shall be deemed given when received by the addressee.

Appears in 2 contracts

Samples: Investment Management Agreement (Steben Select Multi-Strategy Fund), Investment Management Agreement (Steben Select Multi-Strategy Master Fund)

Term of Agreement; Termination. This Agreement shall remain in effect with respect to the Fund until January 31May 11, 20142022, and shall continue in effect year to year thereafter, but only so long as such continuance is specifically approved at least annually by the affirmative vote of: (i) a majority of the Trustees members of the Fund's Board who are not parties to this Agreement or interested persons (as defined in the 0000 Xxx) of any party to this Agreement, or of any entity regularly furnishing investment advisory services with respect to the Fund pursuant to an agreement with any party to this Agreement, cast in person at a meeting called for the purpose of voting on such approval; and (ii) a majority of the Fund's Board or the holders of a majority of the outstanding voting securities of the Fund. This Agreement may nevertheless be terminated at any time without penalty, on 60 days' written notice, by the Fund's Board, by vote of holders of a majority of the outstanding voting securities of the Fund, or by the AdvisorAdviser. Any notice to the a Fund or the Advisor Adviser shall be deemed given when received by the addressee.

Appears in 2 contracts

Samples: Investment Management Agreement (Evanston Alternative Opportunities Fund), Investment Management Agreement (Evanston Alternative Opportunities Fund)

Term of Agreement; Termination. This Agreement shall remain in effect with respect to the Fund until January 3130, 20142013, and shall continue in effect year to year thereafter, but only so long as such continuance is specifically approved at least annually by the affirmative vote of: (i) a majority of the Trustees members of the Board who are not parties to this Agreement or interested persons (as defined in the 0000 Xxx) of any party to this Agreement, or of any entity regularly furnishing investment advisory services with respect to the Fund pursuant to an agreement with any party to this Agreement, cast in person at a meeting called for the purpose of voting on such approval; and (ii) a majority of the Board or the holders of a majority of the outstanding voting securities of the Fund. This Agreement may nevertheless be terminated at any time without penalty, on 60 days’ written notice, by the Board, by vote of holders of a majority of the outstanding voting securities of the Fund, or by the AdvisorAdviser. Any notice to the a Fund or the Advisor Adviser shall be deemed given when received by the addressee.

Appears in 1 contract

Samples: Investment Management Agreement (Salient MLP & Energy Infrastructure Fund)

Term of Agreement; Termination. This Agreement shall remain in effect with respect to the each Fund until January 3111, 20142015, and shall continue in effect year to year thereafter, but only so long as such continuance is specifically approved at least annually by the affirmative vote of: (i) a majority of the Trustees who are not parties to this Agreement or interested persons (as defined in the 0000 Xxx) of any party to this Agreement, or of any entity regularly furnishing investment advisory services with respect to the each Fund pursuant to an agreement with any party to this Agreement, cast in person at a meeting called for the purpose of voting on such approval; and (ii) a majority of the Board or the holders of a majority of the outstanding voting securities of the each Fund. This Agreement may nevertheless be terminated at any time without penalty, on 60 days' written notice, by the Board, by vote of holders of a majority of the outstanding voting securities of the each Fund, or by the AdvisorAdviser. Any notice to the each Fund or the Advisor Adviser shall be deemed given when received by the addressee.

Appears in 1 contract

Samples: Investment Management Agreement (Stone Ridge Trust)

Term of Agreement; Termination. This Agreement shall remain in effect with respect to the Fund until January 31February 12, 20142016, and shall continue in effect year to year thereafter, but only so long as such continuance is specifically approved at least annually by the affirmative vote of: (i) a majority of the Trustees members of the Fund's Board who are not parties to this Agreement or interested persons (as defined in the 0000 Xxx) of any party to this Agreement, or of any entity regularly furnishing investment advisory services with respect to the Fund pursuant to an agreement with any party to this Agreement, cast in person at a meeting called for the purpose of voting on such approval; and (ii) a majority of the Fund's Board or the holders of a majority of the outstanding voting securities of the Fund. This Agreement may nevertheless be terminated at any time without penalty, on 60 days' written notice, by the Fund's Board, by vote of holders of a majority of the outstanding voting securities of the Fund, or by the AdvisorAdviser. Any notice to the a Fund or the Advisor Adviser shall be deemed given when received by the addressee.

Appears in 1 contract

Samples: Investment Management Agreement (Evanston Alternative Opportunities Fund)

Term of Agreement; Termination. This Agreement shall remain in effect with respect to the each Fund until January 31[ ], 2014201[_], and shall continue in effect year to year thereafter, but only so long as such continuance is specifically approved at least annually by the affirmative vote of: (i) a majority of the Trustees who are not parties to this Agreement or interested persons (as defined in the 0000 1000 Xxx) of any party to this Agreement, or of any entity regularly furnishing investment advisory services with respect to the each Fund pursuant to an agreement with any party to this Agreement, cast in person at a meeting called for the purpose of voting on such approval; and (ii) a majority of the Board or the holders of a majority of the outstanding voting securities of the each Fund. This Agreement may nevertheless be terminated at any time without penalty, on 60 days' written notice, by the Board, by vote of holders of a majority of the outstanding voting securities of the each Fund, or by the AdvisorAdviser. Any notice to the each Fund or the Advisor Adviser shall be deemed given when received by the addressee.

Appears in 1 contract

Samples: Investment Management Agreement (Stone Ridge Trust)

Term of Agreement; Termination. This Agreement shall remain in effect with respect to the Fund until January 31, 20142015, and shall continue in effect year to year thereafter, but only so long as such continuance is specifically approved at least annually by the affirmative vote of: (i) a majority of the Trustees who are not parties to this Agreement or interested persons (as defined in the 0000 Xxx) of any party to this Agreement, or of any entity regularly furnishing investment advisory services with respect to the Fund pursuant to an agreement with any party to this Agreement, cast in person at a meeting called for the purpose of voting on such approval; and (ii) a majority of the Board or the holders of a majority of the outstanding voting securities of the Fund. This Agreement may nevertheless be terminated at any time without penalty, on 60 days’ written notice, by the Board, by vote of holders of a majority of the outstanding voting securities of the Fund, or by the Advisor. Any notice to the Fund or the Advisor shall be deemed given when received by the addressee.

Appears in 1 contract

Samples: Investment Management Agreement (Salient MF Trust)

Term of Agreement; Termination. This Agreement shall remain in effect with respect to the Fund until January 31, 20142013, and shall continue in effect year to year thereafter, but only so long as such continuance is specifically approved at least annually by the affirmative vote of: (i) a majority of the Trustees members of the Fund’s Board who are not parties to this Agreement or interested persons (as defined in the 0000 Xxx) of any party to this Agreement, or of any entity regularly furnishing investment advisory services with respect to the Fund pursuant to an agreement with any party to this Agreement, cast in person at a meeting called for the purpose of voting on such approval; and (ii) a majority of the Fund’s Board or the holders of a majority of the outstanding voting securities of the Fund. This Agreement may nevertheless be terminated at any time without penalty, on 60 days’ written notice, by the Fund’s Board, by vote of holders of a majority of the outstanding voting securities of the Fund, or by the AdvisorAdviser. Any notice to the a Fund or the Advisor Adviser shall be deemed given when received by the addressee.

Appears in 1 contract

Samples: Investment Management Agreement (Endowment Institutional TEI Fund, L.P.)

Term of Agreement; Termination. This Agreement shall remain in effect with respect to the each Fund until January 31April 4, 20142015, and shall continue in effect year to year thereafter, but only so long as such continuance is specifically approved at least annually by the affirmative vote of: (i) a majority of the Trustees who are not parties to this Agreement or interested persons (as defined in the 0000 Xxx) of any party to this Agreement, or of any entity regularly furnishing investment advisory services with respect to the each Fund pursuant to an agreement with any party to this Agreement, cast in person at a meeting called for the purpose of voting on such approval; and (ii) a majority of the Board or the holders of a majority of the outstanding voting securities of the each Fund. This Agreement may nevertheless be terminated at any time without penalty, on 60 days' written notice, by the Board, by vote of holders of a majority of the outstanding voting securities of the each Fund, or by the AdvisorAdviser. Any notice to the each Fund or the Advisor Adviser shall be deemed given when received by the addressee.

Appears in 1 contract

Samples: Investment Management Agreement (Stone Ridge Trust)

Term of Agreement; Termination. This Agreement shall remain in effect with respect to the Fund until January 3130, 2014, and shall continue in effect year to year thereafter, but only so long as such continuance is specifically approved at least annually by the affirmative vote of: (i) a majority of the Trustees members of the Board who are not parties to this Agreement or interested persons (as defined in the 0000 Xxx) of any party to this Agreement, or of any entity regularly furnishing investment advisory services with respect to the Fund pursuant to an agreement with any party to this Agreement, cast in person at a meeting called for the purpose of voting on such approval; and (ii) a majority of the Board or the holders of a majority of the outstanding voting securities of the Fund. This Agreement may nevertheless be terminated at any time without penalty, on 60 days’ written notice, by the Board, by vote of holders of a majority of the outstanding voting securities of the Fund, or by the AdvisorAdviser. Any notice to the a Fund or the Advisor Adviser shall be deemed given when received by the addressee.

Appears in 1 contract

Samples: Investment Management Agreement (Salient Midstream & MLP Fund)

Term of Agreement; Termination. This Agreement shall remain in effect with respect to the Fund until January 31, 20142012, and shall continue in effect year to year thereafter, but only so long as such continuance is specifically approved at least annually by the affirmative vote of: (i) a majority of the Trustees members of the Fund’s Board who are not parties to this Agreement or interested persons (as defined in the 0000 Xxx) of any party to this Agreement, or of any entity regularly furnishing investment advisory services with respect to the Fund pursuant to an agreement with any party to this Agreement, cast in person at a meeting called for the purpose of voting on such approval; and (ii) a majority of the Fund’s Board or the holders of a majority of the outstanding voting securities of the Fund. This Agreement may nevertheless be terminated at any time without penalty, on 60 days’ written notice, by the Fund’s Board, by vote of holders of a majority of the outstanding voting securities of the Fund, or by the AdvisorAdviser. Any notice to the a Fund or the Advisor Adviser shall be deemed given when received by the addressee.

Appears in 1 contract

Samples: Investment Management Agreement (Endowment Institutional TEI Fund W, L.P.)

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Term of Agreement; Termination. This Agreement shall remain in effect with respect to the Fund until January 31, 20142011, and shall continue in effect year to year thereafter, but only so long as such continuance is specifically approved at least annually by the affirmative vote of: (i) a majority of the Trustees members of the Fund’s Board who are not parties to this Agreement or interested persons (as defined in the 0000 Xxx) of any party to this Agreement, or of any entity regularly furnishing investment advisory services with respect to the Fund pursuant to an agreement with any party to this Agreement, cast in person at a meeting called for the purpose of voting on such approval; and (ii) a majority of the Fund’s Board or the holders of a majority of the outstanding voting securities of the Fund. This Agreement may nevertheless be terminated at any time without penalty, on 60 days’ written notice, by the Fund’s Board, by vote of holders of a majority of the outstanding voting securities of the Fund, or by the AdvisorAdviser. Any notice to the a Fund or the Advisor Adviser shall be deemed given when received by the addressee.

Appears in 1 contract

Samples: Investment Management Agreement (Endowment Institutional Fund, L.P.)

Term of Agreement; Termination. This Agreement shall remain in effect with respect to the each Fund until January 31, 20142015, and shall continue in effect year to year thereafter, but only so long as such continuance is specifically approved at least annually by the affirmative vote of: (i) a majority of the Trustees who are not parties to this Agreement or interested persons (as defined in the 0000 Xxx1940 Act) of any party to this Agreement, or of any entity regularly furnishing investment advisory services with respect to the each Fund pursuant to an agreement with any party to this Agreement, cast in person at a meeting called for the purpose of voting on such approval; and (ii) a majority of the Board or the holders of a majority of the outstanding voting securities of the each Fund. This Agreement may nevertheless be terminated at any time without penalty, on 60 days’ written notice, by the Board, by vote of holders of a majority of the outstanding voting securities of the each Fund, or by the AdvisorAdviser. Any notice to the each Fund or the Advisor Adviser shall be deemed given when received by the addressee.

Appears in 1 contract

Samples: Investment Management Agreement (Stone Ridge Trust)

Term of Agreement; Termination. This Agreement shall remain in effect with respect to the each Fund until January 31[ ], 2014201[_], and shall continue in effect year to year thereafter, but only so long as such continuance is specifically approved at least annually by the affirmative vote of: (i) a majority of the Trustees who are not parties to this Agreement or interested persons (as defined in the 0000 Xxx) of any party to this Agreement, or of any entity regularly furnishing investment advisory services with respect to the each Fund pursuant to an agreement with any party to this Agreement, cast in person at a meeting called for the purpose of voting on such approval; and (ii) a majority of the Board or the holders of a majority of the outstanding voting securities of the each Fund. This Agreement may nevertheless be terminated at any time without penalty, on 60 days' written notice, by the Board, by vote of holders of a majority of the outstanding voting securities of the each Fund, or by the AdvisorAdviser. Any notice to the each Fund or the Advisor Adviser shall be deemed given when received by the addressee.

Appears in 1 contract

Samples: Investment Management Agreement (Stone Ridge Trust)

Term of Agreement; Termination. This Agreement shall remain in effect with respect to the Fund until January 31October 28, 20142021, and shall continue in effect year to year thereafter, but only so long as such continuance is specifically approved at least annually by the affirmative vote of: (i) a majority of the Trustees who are not parties to this Agreement or interested persons (as defined in the 0000 Xxx1940 Act) of any party to this Agreement, or of any entity regularly furnishing investment advisory services with respect to the Fund pursuant to an agreement with any party to this Agreement, cast in person at a meeting called for the purpose of voting on such approval; and (ii) a majority of the Board or the holders of a majority of the outstanding voting securities of the Fund. This Agreement may nevertheless be terminated at any time without penalty, on 60 days’ written notice, by the Board, by vote of holders of a majority of the outstanding voting securities of the Fund, or by the AdvisorAdviser. Any notice to the Fund or the Advisor Adviser shall be deemed given when received by the addressee.

Appears in 1 contract

Samples: Investment Management Agreement (Stone Ridge Trust)

Term of Agreement; Termination. This Agreement shall remain in effect with respect to the Fund until January 31April 4, 20142015, and shall continue in effect year to year thereafter, but only so long as such continuance is specifically approved at least annually by the affirmative vote of: (i) a majority of the Trustees who are not parties to this Agreement or interested persons (as defined in the 0000 Xxx) of any party to this Agreement, or of any entity regularly furnishing investment advisory services with respect to the Fund pursuant to an agreement with any party to this Agreement, cast in person at a meeting called for the purpose of voting on such approval; and (ii) a majority of the Board or the holders of a majority of the outstanding voting securities of the Fund. This Agreement may nevertheless be terminated at any time without penalty, on 60 days' written notice, by the Board, by vote of holders of a majority of the outstanding voting securities of the Fund, or by the AdvisorAdviser. Any notice to the Fund or the Advisor Adviser shall be deemed given when received by the addressee.

Appears in 1 contract

Samples: Investment Management Agreement (Stone Ridge Trust)

Term of Agreement; Termination. This Agreement shall remain in effect with respect to the Fund until January 31, 20142016, and shall continue in effect year to year thereafter, but only so long as such continuance is specifically approved at least annually by the affirmative vote of: (i) a majority of the Trustees who are not parties to this Agreement or interested persons (as defined in the 0000 Xxx) of any party to this Agreement, or of any entity regularly furnishing investment advisory services with respect to the Fund pursuant to an agreement with any party to this Agreement, cast in person at a meeting called for the purpose of voting on such approval; and (ii) a majority of the Board or the holders of a majority of the outstanding voting securities of the Fund. This Agreement may nevertheless be terminated at any time without penalty, on 60 days’ written notice, by the Board, by vote of holders of a majority of the outstanding voting securities of the Fund, or by the Advisor. Any notice to the Fund or the Advisor shall be deemed given when received by the addressee.

Appears in 1 contract

Samples: Investment Management Agreement (Salient MF Trust)

Term of Agreement; Termination. This Agreement shall remain in effect with respect to the each Fund until January 3111, 20142015, and shall continue in effect year to year thereafter, but only so long as such continuance is specifically approved at least annually by the affirmative vote of: (i) a majority of the Trustees who are not parties to this Agreement or interested persons (as defined in the 0000 1000 Xxx) of any party to this Agreement, or of any entity regularly furnishing investment advisory services with respect to the each Fund pursuant to an agreement with any party to this Agreement, cast in person at a meeting called for the purpose of voting on such approval; and (ii) a majority of the Board or the holders of a majority of the outstanding voting securities of the each Fund. This Agreement may nevertheless be terminated at any time without penalty, on 60 days' written notice, by the Board, by vote of holders of a majority of the outstanding voting securities of the each Fund, or by the AdvisorAdviser. Any notice to the each Fund or the Advisor Adviser shall be deemed given when received by the addressee.

Appears in 1 contract

Samples: Investment Management Agreement (Stone Ridge Trust)

Term of Agreement; Termination. This Agreement shall remain in effect with respect to the Fund until January 31[ ], 20142016, and shall continue in effect year to year thereafter, but only so long as such continuance is specifically approved at least annually by the affirmative vote of: (i) a majority of the Trustees who are not parties to this Agreement or interested persons (as defined in the 0000 Xxx) of any party to this Agreement, or of any entity regularly furnishing investment advisory services with respect to the Fund pursuant to an agreement with any party to this Agreement, cast in person at a meeting called for the purpose of voting on such approval; and (ii) a majority of the Board or the holders of a majority of the outstanding voting securities of the Fund. This Agreement may nevertheless be terminated at any time without penalty, on 60 days’ written notice, by the Board, by vote of holders of a majority of the outstanding voting securities of the Fund, or by the Advisor. Any notice to the Fund or the Advisor shall be deemed given when received by the addressee.

Appears in 1 contract

Samples: Investment Management Agreement (Salient MF Trust)

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