Common use of Terms and Termination Clause in Contracts

Terms and Termination. (a) This Agreement will become effective for all purposes as of March [ ], 2005 and will remain in effect for an initial term of two years from such date, unless terminated in accordance with the terms of this Agreement. Thereafter, this Agreement will continue in effect from year to year, provided that each such continuance is approved by the Fund's Board of Directors, including the vote of a majority of the Directors who are not "interested persons" of the Fund within the meaning of the 1940 Act.

Appears in 10 contracts

Samples: Distribution Agreement (CSFB Alternative Capital Event Driven Fund, LLC), Distribution Agreement (CSFB Alternative Capital Event Driven Institutional Fund, LLC), Distribution Agreement (CSFB Alternative Capital Tactical Trading Institutional Fund, LLC)

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Terms and Termination. (a) This Agreement will become effective for all purposes as of March [ ], 2005 and will remain in effect for an initial term of two years from such date, unless terminated in accordance with the terms of this Agreement. Thereafter, this Agreement will continue in effect from year to year, provided that each such continuance is approved by the Fund's Funds' Board of Directors, including the vote of a majority of the Directors who are not "interested persons" of the Fund Funds within the meaning of the 1940 Act.

Appears in 2 contracts

Samples: Distribution Agreement (CSFB Alternative Capital Multi-Strategy Institutional Fund, LLC), Distribution Agreement (CSFB Alternative Capital Multi-Strategy Fund, LLC)

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Terms and Termination. (a) This Agreement will become effective for all purposes as of March [ ], 2005 the date first written above and will remain in effect for an initial term of two years from such date, unless terminated in accordance with the terms of this Agreement. Thereafter, this Agreement will continue in effect from year to year, provided that each such continuance is approved by the Fund's Board of Directors, including the vote of a majority of the Directors who are not "interested persons" of the Fund within the meaning of the 1940 Act.

Appears in 2 contracts

Samples: Distribution Agreement (Credit Suisse Alternative Capital Long/Short Equity Institutional Fund, LLC), Distribution Agreement (Credit Suisse Alternative Capital Long/Short Equity Fund, LLC)

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