Common use of Approval by Trustees Clause in Contracts

Approval by Trustees. This Agreement will not take effect until approved by a majority vote of both (a) the full Board of Trustees of the Trust and (b) those Trustees who are not interested persons of the Trust and who have no direct or indirect financial interest in the operation of the Plan or in this Agreement (the "Independent

Appears in 2 contracts

Samples: Shareholder Servicing Agreement (Mitchell Hutchins Kidder Peabody Investment Trust), Shareholder Servicing Agreement (Mitchell Hutchins Kidder Peabody Investment Trust Iii)

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Approval by Trustees. This Agreement will not take effect until approved by a majority vote of both (a) the full Board of Trustees of the Trust and (b) those Trustees who are not interested persons of the Trust and who have no direct or indirect financial interest in the operation of the Plan or in this Agreement (the "IndependentIndependent Trustees"), cast in person at a meeting called for the purpose of voting on this Agreement.

Appears in 2 contracts

Samples: Distribution Agreement (Mitchell Hutchins Kidder Peabody Investment Trust Iii), Distribution Agreement (Mitchell Hutchins Kidder Peabody Investment Trust)

Approval by Trustees. This Agreement will not take effect until approved by a majority vote of both (a) the full Board of Trustees of the Trust and (b) those Trustees who are not interested persons of the Trust and who have no direct or indirect financial interest in the operation of the Plan or in this Agreement (the "Independent'Independent Trustees'), cast in person at a meeting called for the purpose of voting on this Agreement.

Appears in 2 contracts

Samples: Distribution Agreement (Mitchell Hutchins Kidder Peabody Investment Trust Ii), Shareholder Servicing Agreement (Mitchell Hutchins Kidder Peabody Investment Trust Ii)

Approval by Trustees. This Agreement will not take effect until approved by a majority vote of both (a) the full Board of Trustees of the Trust and (b) those Trustees who are not interested persons of the Trust and who have no direct or indirect financial interest in the operation of the Plan or in this Agreement (the "IndependentTrust

Appears in 1 contract

Samples: Distribution Agreement (Mitchell Hutchins Kidder Peabody Investment Trust)

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Approval by Trustees. This Agreement will not take effect with respect to a Fund until approved by a majority vote of both (a) the full Board of Trustees of the Trust and (b) those Trustees who are not interested persons of the Trust and who have no direct or indirect financial interest in the operation of the Plan or in this Agreement (the "IndependentIndependent Trustees"), cast in person at a meeting called for the purpose of voting on this Agreement.

Appears in 1 contract

Samples: Shareholder Servicing Agreement (Lehman Brothers Institutional Funds Group Trust)

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