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 Fund (i) by resolution of the Directors, including the vote or written consent of a majority of the Disinterested Directors, or (ii) by vote of a majority of the outstanding voting securities of the Fund. This Agreement shall terminate automatically and immediately in the event of its assignment; provided, that with the consent of the Fund, the Administrator may subcontract to another person any of its responsibilities with respect to the Fund.

Appears in 20 contracts

Samples: Administration Agreement (Neuberger Berman New York Intermediate Municipal Fund Inc), Administration Agreement (Neuberger Berman Intermediate Municipal Fund Inc), Administration Agreement (Neuberger Berman Intermediate Municipal Fund Inc)

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Amendment or Assignment of Agreement. Any amendment to this Agreement shall be in writing signed by the parties hereto; PROVIDEDprovided, that no such amendment shall be effective unless authorized on behalf of any Fund (i) by resolution of the DirectorsTrustees, including the vote or written consent of a majority of the Disinterested DirectorsTrustees, or (ii) by vote of a majority of the outstanding voting securities of the such Fund. This Agreement shall terminate automatically and immediately in the event of its assignment; provided, that with the consent of the a Fund, the Administrator may subcontract to another person any of its responsibilities with respect to the such Fund.

Appears in 8 contracts

Samples: Administration Agreement (PPM Funds), Administration Agreement (PPM Funds), Administration Agreement (JNL Series Trust)

Amendment or Assignment of Agreement. Any amendment to this Agreement shall be in writing signed by the parties hereto; PROVIDEDprovided, that no such amendment shall be effective unless authorized on behalf of any Fund (i) by resolution of the DirectorsTrustees, including the vote or written consent of a majority of the Disinterested DirectorsTrustees, or (ii) by vote of a majority of the outstanding voting securities of the such Fund. This Agreement shall terminate automatically and immediately in the event of its assignment; provided, provided that with the consent of the a Fund, the Administrator may subcontract to another person any of its responsibilities with respect to the such Fund.

Appears in 5 contracts

Samples: Administration Agreement (Jackson Variable Series Trust), Administration Agreement (Curian Series Trust), Administration Agreement (Curian Variable Series Trust)

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 Fund (i) by resolution of the DirectorsTrustees, including the vote or written consent of a majority of the Disinterested DirectorsTrustees, or (ii) by vote of a majority of the outstanding voting securities of the such Fund. This Agreement shall terminate automatically and immediately in the event of its assignment; provided, that with the consent of the a Fund, the Administrator may subcontract to another person any of its responsibilities with respect to the such Fund.

Appears in 4 contracts

Samples: Administration Agreement (JNL Series Trust), Administration Agreement (JNL Series Trust), Administration Agreement (JNL Investors Series Trust)

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 Fund (i) by resolution of the DirectorsBoard of Managers, including the vote or written consent of a majority of the Disinterested DirectorsBoard of Managers, or (ii) by vote of a majority of the outstanding voting securities of the such Fund. This Agreement shall terminate automatically and immediately in the event of its assignment; provided, that with the consent of the a Fund, the Administrator may subcontract to another person any of its responsibilities with respect to the such Fund.

Appears in 2 contracts

Samples: Administration Agreement (JNL Variable Fund LLC), Administration Agreement (JNL Variable Fund LLC)

Amendment or Assignment of Agreement. Any amendment to this Agreement shall be in writing signed by the parties hereto; PROVIDEDprovided, that no such amendment shall be effective unless authorized on behalf of any Fund (i) by resolution of the DirectorsBoard of Managers, including the vote or written consent of a majority of the Disinterested DirectorsBoard of Managers, or (ii) by vote of a majority of the outstanding voting securities of the such Fund. This Agreement shall terminate automatically and immediately in the event of its assignment; provided, that with the consent of the a Fund, the Administrator may subcontract to another person any of its responsibilities with respect to the such Fund.

Appears in 2 contracts

Samples: Administration Agreement (JNL Variable Fund LLC), Administration Agreement (Jnlny Variable Fund I LLC)

Amendment or Assignment of Agreement. Any amendment to this Agreement shall be in writing signed by the parties hereto; PROVIDEDprovided, that no such amendment shall be effective unless authorized on behalf of any Fund (i) by resolution of the Directors, including the vote or written consent of a majority of the Disinterested Directors, or (ii) as and to the extent required under the 1940 Act, by vote of a majority of the outstanding voting securities of the Fund. This Agreement shall terminate automatically and immediately in the event of its assignment; provided, that with the consent of the Fund, the Administrator may subcontract to another person any of its responsibilities with respect to the Fund.

Appears in 2 contracts

Samples: Administration Agreement (Neuberger Berman Next Generation Connectivity Fund Inc.), Administration Agreement (Neuberger Berman MLP Income Fund Inc.)

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Amendment or Assignment of Agreement. Any amendment to this Agreement shall be in writing signed by the parties hereto; PROVIDEDprovided, that no such amendment shall be effective unless authorized on behalf of any the Fund (i) by resolution of the DirectorsBoard of Trustees, including the vote or written consent of a majority of the Disinterested DirectorsBoard of Trustees, or (ii) by vote of a majority of the outstanding voting securities of the Fund. This Agreement shall terminate automatically and immediately in the event of its assignment; provided, that with the consent of the Fund, the Administrator may subcontract to another person any of its responsibilities with respect to the Fund.

Appears in 1 contract

Samples: Administration Agreement (JNL Investors Series Trust)

Amendment or Assignment of Agreement. Any amendment to this Agreement shall be in writing signed by the parties hereto; PROVIDEDprovided, that no such amendment shall be effective unless authorized on behalf of any the Fund (i) by resolution of the DirectorsBoard of Managers, including the vote or written consent of a majority of the Disinterested DirectorsBoard of Managers, or (ii) by vote of a majority of the outstanding voting securities of the Fund. This Agreement shall terminate automatically and immediately in the event of its assignment; provided, that with the consent of the Fund, the Administrator may subcontract to another person any of its responsibilities with respect to the Fund.

Appears in 1 contract

Samples: Administration Agreement (JNL Strategic Income Fund LLC)

Amendment or Assignment of Agreement. Any amendment to this Agreement shall be in writing signed by the parties hereto; PROVIDEDprovided, that no such amendment shall be effective unless authorized on behalf of any Fund (i) by resolution of the DirectorsTrustees of the Trust, including the vote or written consent of a majority of the Disinterested DirectorsTrustees of the Trust who are not parties to this Agreement or interested persons of either party hereto, or and (ii) by vote of a majority of the outstanding voting securities of the Fund. This Agreement shall terminate automatically and immediately in the event of its assignment; provided, that with the consent of the Fund, the Administrator may subcontract to another person any of its responsibilities with respect to the Fund.Fund affected by such

Appears in 1 contract

Samples: Investment Advisory Agreement (Orbitex Group of Funds)

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 the Fund (i) by resolution of the Fund's Directors, including the vote or written consent of a majority of the Disinterested DirectorsFund's Directors who are not parties to this Agreement or interested persons of either party hereto, or and (ii) by vote of a majority of the outstanding voting securities of the Fund. This Agreement shall terminate automatically and immediately in the event of its assignment; provided, that with the consent of the Fund, the Administrator may subcontract to another person any of its responsibilities with respect to the Fund.

Appears in 1 contract

Samples: Investment Advisory Agreement (Investors Mark Series Fund Inc)

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