Common use of Amendment or Assignment of Agreement Clause in Contracts

Amendment or Assignment of Agreement. Any amendment to this Agreement shall be in writing signed by the parties hereto; provided, that no such amendment shall be effective unless authorized on behalf of any Series: (i) by resolution of the Board, including the vote or written consent of a majority of the Board who are not parties to this Agreement or interested persons of any such parties; and (ii) as and to the extent required under the 1940 Act, by vote of a majority of the outstanding voting securities of the applicable Series. This Agreement shall terminate automatically and immediately in the event of its assignment as defined under the 1940 Act and the rules promulgated thereunder.

Appears in 5 contracts

Samples: Investment Sub Advisory Agreement (Advisors' Inner Circle Fund III), Investment Sub Advisory Agreement (Advisors' Inner Circle Fund III), Investment Sub Advisory Agreement (Advisors' Inner Circle Fund III)

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Amendment or Assignment of Agreement. Any amendment to this Agreement shall be in writing signed by the parties hereto; provided, that no such amendment shall be effective unless authorized on behalf of any Series: (i) by resolution of the Board, including the vote or written consent of a majority of the Board who are not parties to this Agreement or interested persons of any such parties; and (ii) as and to the extent required under the 1940 Act, by vote of a majority of the outstanding voting securities of the applicable Series. This Agreement shall terminate automatically and immediately in the event of its an assignment (as defined under the 1940 Act and the rules promulgated thereunder) of this Agreement.

Appears in 1 contract

Samples: Investment Sub Advisory Agreement (Advisors' Inner Circle Fund III)

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Amendment or Assignment of Agreement. Any amendment to this Agreement shall be in writing signed by the parties hereto; provided, that no such amendment shall be effective unless authorized approved on behalf of any Series: (i) Series by resolution of the Board, including Board and by the vote or written consent of a majority of the Board Trustees who are not parties to this Agreement or interested persons of any either party hereto in such parties; manner as may be required by the 1940 Act, and (ii) as and to the extent required under the 1940 Act, by vote of a majority of the outstanding voting securities of the applicable Series. This Agreement shall terminate automatically and immediately in the event of its assignment as defined under the 1940 Act and the rules promulgated thereunderassignment.

Appears in 1 contract

Samples: Sub Advisory Agreement (Neuberger Berman Alternative Funds)

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