Common use of ASSIGNMENT TERMINATES THIS AGREEMENT; AMENDMENTS OF THIS AGREEMENT Clause in Contracts

ASSIGNMENT TERMINATES THIS AGREEMENT; AMENDMENTS OF THIS AGREEMENT. This Agreement shall automatically terminate, without the payment of any penalty, in the event of its assignment; and this Agreement shall not be amended unless such amendment be approved at a meeting by the affirmative vote of a majority of the outstanding shares of the Portfolio, and by the vote, cast in person at a meeting called for the purpose of voting on such approval, of a majority of the Trustees of the Trust who are not interested persons of the Trust or of the Manager.

Appears in 24 contracts

Samples: Management Contract (Mentor Variable Investment Portfolios), Investment Advisory and Management Agreement (Mentor Funds), Investment Advisory and Management Agreement (Mentor Funds)

AutoNDA by SimpleDocs

ASSIGNMENT TERMINATES THIS AGREEMENT; AMENDMENTS OF THIS AGREEMENT. This Agreement shall automatically terminate, without the payment of any penalty, penalty in the event of its assignment; , and this Agreement shall not be amended unless such amendment be is approved at a meeting by the affirmative vote of a majority of the outstanding shares of the PortfolioFund, and by the vote, vote cast in person at a meeting called for the purpose of voting on such approval, of a majority of the Trustees of the Trust Fund who are not interested persons of the Trust Fund or of the ManagerInvestment Adviser.

Appears in 7 contracts

Samples: Investment Advisory Agreement (Abrdn Life Sciences Investors), Investment Advisory Agreement (Abrdn Healthcare Investors), Investment Advisory Agreement (H&q Healthcare Investors)

ASSIGNMENT TERMINATES THIS AGREEMENT; AMENDMENTS OF THIS AGREEMENT. This Agreement shall automatically terminate, without the payment of any penalty, in the event of its assignment; and this . This Agreement shall not be amended unless such amendment be is approved at a meeting by the affirmative vote of a majority of the outstanding shares of the Portfolio, and by the vote, cast in person at a meeting called for the purpose of voting on such approval, of a majority of both (a) the Trustees of the Trust who are not interested persons and (b) a majority of the Trust or of the ManagerIndependent Trustees.

Appears in 4 contracts

Samples: Administration Agreement (GMO Series Trust), Administration Agreement (GMO Series Trust), Administration Agreement (GMO Series Trust)

ASSIGNMENT TERMINATES THIS AGREEMENT; AMENDMENTS OF THIS AGREEMENT. This Agreement shall automatically terminate, without the payment of any penalty, in the event of its assignment; and this Agreement shall not be amended unless such amendment be is approved at a meeting by the affirmative vote of a majority of the outstanding shares of the PortfolioFund, and by the vote, cast in person at a meeting called for the purpose of voting on such approval, of a majority of the Trustees of the Trust who are not interested persons of the Trust or of the ManagerAdviser.

Appears in 2 contracts

Samples: Investment Management Agreement (Cook & Bynum Funds Trust), Investment Management Agreement (Cook & Bynum Funds Trust)

ASSIGNMENT TERMINATES THIS AGREEMENT; AMENDMENTS OF THIS AGREEMENT. This Agreement shall automatically terminate, without the payment of any penalty, penalty in the event of its assignment; , and this Agreement shall not be amended unless such amendment be is approved at a meeting by the affirmative vote of a majority of the outstanding shares of the PortfolioFund, and by the vote, vote cast in person at a meeting called for the purpose of voting on such approval, of a majority of the Trustees of the Trust Fund who are not interested persons of the Trust Fund or of the ManagerInvestment Adviser.

Appears in 2 contracts

Samples: Investment Advisory Agreement (H&q Healthcare Investors), Investment Advisory Agreement (H&q Healthcare Investors)

AutoNDA by SimpleDocs

ASSIGNMENT TERMINATES THIS AGREEMENT; AMENDMENTS OF THIS AGREEMENT. This Agreement shall automatically terminate, without the payment of any penalty, in the event of its assignment; and this . This Agreement shall not may be amended unless only if such amendment be approved either by action of the Board of Directors of the Fund or at a meeting of the shareholders of the Fund by the affirmative vote of a majority of the outstanding shares of the PortfolioFund, and by a majority of the vote, Directors of the Fund who are not interested persons of the Fund or of BISYS by vote cast in person at a meeting called for the purpose of voting on such approval, of a majority of the Trustees of the Trust who are not interested persons of the Trust or of the Manager.

Appears in 1 contract

Samples: Distribution Agreement (Americas Utility Fund Inc)

ASSIGNMENT TERMINATES THIS AGREEMENT; AMENDMENTS OF THIS AGREEMENT. This Agreement shall automatically terminate, without the payment of any penalty, in the event of its assignment; and this Agreement shall not be amended unless such amendment be is approved at a meeting by the affirmative vote of a majority of the outstanding shares of the Portfolio, and by the vote, cast in person at a meeting called for the purpose of voting on such approval, of a majority of the Trustees of the Trust who are not interested persons of the Trust or of the Manager.Trust,

Appears in 1 contract

Samples: Investment Advisory Agreement (Sierra Prime Income Fund)

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