APPROVAL OF AGREEMENT AND AMENDMENTS. This Agreement and any material amendments hereto shall be approved by vote of the holders of a majority of the outstanding voting securities (as defined in the 0000 Xxx) of the Portfolio; provided, however, that if the shareholders of the Portfolio fail to approve the Agreement as provided herein, the Manager may continue to serve in such capacity in the manner and to the extent permitted by the 1940 Act and the rules thereunder.
Appears in 11 contracts
Samples: Investment Management Agreement (Reserve New York Tax Exempt Trust), Investment Management Agreement (Reserve Tax Exempt Trust), Investment Management Agreement (Reserve Municipal Money Market Trust)
APPROVAL OF AGREEMENT AND AMENDMENTS. This Agreement and any material amendments hereto shall be approved by vote of the holders of a majority of the outstanding voting securities (as defined in the 0000 Xxx) of the each Portfolio; provided, however, that if the shareholders of the each Portfolio fail to approve the Agreement as provided herein, the Manager may continue to serve in such capacity in the manner and to the extent permitted by the 1940 Act and the rules thereunder.
Appears in 2 contracts
Samples: Investment Management Agreement (Reserve Tax Exempt Trust), Investment Management Agreement (Reserve Funds /Ny/)
APPROVAL OF AGREEMENT AND AMENDMENTS. This Agreement and any material amendments hereto shall be approved by vote of the holders of a majority of the outstanding voting securities (as defined in the 0000 Xxx1940 Act) of the Portfolio; providedproxxxxx, howeverxowever, that if the shareholders of the Portfolio fail to approve the Agreement as provided herein, the Manager may continue to serve in such capacity in the manner and to the extent permitted by the 1940 Act and the rules thereunder.
Appears in 1 contract
Samples: Investment Management Agreement (Reserve New York Tax Exempt Trust)
APPROVAL OF AGREEMENT AND AMENDMENTS. This Agreement and any material amendments hereto shall be approved by vote of the holders of a majority of the outstanding voting securities (as defined in the 0000 Xxx) of the outstanding voting securities of the Portfolio; , provided, however, that if the shareholders of the Portfolio fail to approve the Agreement as provided herein, the Manager may continue to serve in such capacity in the manner and to the extent permitted by the 1940 Act and the rules thereunder.
Appears in 1 contract
Samples: Investment Management Agreement (Reserve Private Equity Series)
APPROVAL OF AGREEMENT AND AMENDMENTS. This Agreement and any material amendments hereto shall be approved by vote of the holders of a majority of the outstanding voting securities (as defined in the 0000 Xxx1940 Act) of the outstanding voting xxxxxxties of the Portfolio; , provided, however, that if the shareholders of the Portfolio fail to approve the Agreement as provided herein, the Manager may continue to serve in such capacity in the manner and to the extent permitted by the 1940 Act and the rules thereunder.
Appears in 1 contract
Samples: Investment Management Agreement (Reserve Institutional Trust)