Common use of Assignment and Amendment Clause in Contracts

Assignment and Amendment. This Contract shall automatically terminate, without the payment of any penalty, in the event of its assignment (as defined in the 1940 Act); provided, that such termination shall not relieve either party of any liability incurred hereunder. The terms of this Contract shall not be changed unless such change is approved in accordance with the requirements of the 1940 Act, as such requirements are modified by rule, regulation, interpretation or order of the SEC.

Appears in 5 contracts

Samples: Management Contract (Clearwater Investment Trust), Management Contract (Clearwater Investment Trust), Management Contract (Clearwater Investment Trust)

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Assignment and Amendment. This Contract shall automatically terminate, without the payment of any penalty, in the event of its assignment (as defined in the 1940 Act)0000 Xxx) or in the event of the termination of the Management Contract between the Trust and the Manager insofar as it applies to the Fund; provided, that such termination shall not relieve either party of any liability incurred hereunder. The terms of this Contract shall not be changed unless such change is approved in accordance with the requirements of the 1940 Act, and as such requirements are may be modified by rule, regulation, interpretation regulation or order of the Securities and Exchange Commission ("SEC").

Appears in 3 contracts

Samples: Clearwater Investment Trust, Form of Subadvisory Contract (Clearwater Investment Trust), Subadvisory Contract (Clearwater Investment Trust)

Assignment and Amendment. This Contract shall automatically terminate, without the payment of any penalty, in the event of its assignment (as defined in the 1940 Act)0000 Xxx) or in the event of the termination of the Management Contract between the Trust and the Manager insofar as it applies to the Fund; provided, that such termination shall not relieve either party of any liability incurred hereunder. The terms of this Contract shall not be changed unless such change is approved in accordance with the requirements of the 1940 Act, and as such requirements are may be modified by rule, regulation, interpretation regulation or order of the Securities and Exchange Commission (the "SEC").

Appears in 2 contracts

Samples: Subadvisory Contract (Clearwater Investment Trust), Clearwater Investment Trust

Assignment and Amendment. This Contract shall automatically terminate, without the payment of any penalty, in the event of its assignment (as defined in the 1940 Act)1000 Xxx) or in the event of the termination of the Management Contract between the Trust and the Manager insofar as it applies to the Fund; provided, that such termination shall not relieve either party of any liability incurred hereunder. The terms of this Contract shall not be changed unless such change is approved in accordance with the requirements of the 1940 Act, and as such requirements are may be modified by rule, regulation, interpretation regulation or order of the Securities and Exchange Commission (β€œSEC”).

Appears in 2 contracts

Samples: Clearwater Investment Trust, Clearwater Investment Trust

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Assignment and Amendment. This Contract shall automatically terminate, without the payment of any penalty, in the event of its assignment (as defined in the 1940 Act)) or in the event of the termination of the Management Contract between the Trust and the Manager insofar as it applies to the Fund; provided, that such termination shall not relieve either party of any liability incurred hereunder. The terms of this Contract shall not be changed unless such change is approved in accordance with the requirements of the 1940 Act, and as such requirements are may be modified by rule, regulation, interpretation regulation or order of the SEC.

Appears in 1 contract

Samples: Clearwater Investment Trust (Clearwater Investment Trust)

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