Common use of Assignment and Amendment of Agreement Clause in Contracts

Assignment and Amendment of Agreement. This Agreement shall automatically and immediately terminate in the event of its assignment. This Agreement may not be amended except pursuant to a written instrument executed on behalf of both parties. In the case of the Fund, approval of any such amendment shall be by resolution of a majority of the directors who are not parties to this Agreement or interested persons of any such party, and, if required by the 1940 Act, by the affirmative vote of a majority of the outstanding voting securities of the Fund.

Appears in 24 contracts

Samples: Investment Management Agreement (T. Rowe Price Reserve Investment Funds, Inc.), Investment Management Agreement (T. Rowe Price Index Trust, Inc.), Investment Management Agreement (T. Rowe Price Institutional Income Funds, Inc.)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!