Common use of Conditions to Agreement Clause in Contracts

Conditions to Agreement. FIMC's and the Adviser's obligations under this Agreement are subject to the satisfaction of the following conditions precedent: (a) Receipt by FIMC of a certificate of an officer of Company stating that (i) this Agreement and the Advisory Agreement have been approved by the vote of a majority of the Trustees, who are not interested persons of FIMC or the Adviser, cast in person at a meeting of the Board call for the purpose of voting on such approval, and (ii) this Agreement and the Advisory Agreement have been approved by the vote of a majority of the outstanding voting securities of the Company; (b) Receipt by FIMC of certified copies of instructions from the Fund to its custodian designating the persons specified by FIMC as "Authorized Persons" under the Fund's custody agreement;

Appears in 2 contracts

Samples: Sub Advisory Agreement (Bb&t Funds /), Sub Advisory Agreement (Bb&t Funds /)

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Conditions to Agreement. FIMCFIM's and the Adviser's obligations under this Agreement are subject to the satisfaction of the following conditions precedent: (a) Receipt by FIMC FIM of a certificate of an officer of Company stating that (i) this Agreement and the Advisory Agreement have been approved by the vote of a majority of the Trusteesdirectors, who are not interested persons of FIMC FIM or the Adviser, cast in person at a meeting of the Board call for the purpose of voting on such approval, and (ii) this Agreement and the Advisory Agreement have been approved by the vote of a majority of the outstanding voting securities of the Company; (b) Receipt by FIMC FIM of certified copies of instructions from the Fund to its custodian designating the persons specified by FIMC FIM as "Authorized Persons" under the Fund's custody agreement;

Appears in 2 contracts

Samples: Subadvisory Agreement (Fortis Series Fund Inc), Interim Subadvisory Agreement (Fortis Series Fund Inc)

Conditions to Agreement. FIMC's and the Adviser's obligations under this Agreement are subject to the satisfaction of the following conditions precedent: : (a) Receipt by FIMC of a certificate of an officer of Company stating satisfactory evidence that (i) this Agreement and the Advisory Agreement have been approved by the vote of a majority of the Trustees, who are not interested persons of FIMC or the Adviser, cast in person at a meeting of the Board call called for the purpose of voting on such approval, and (ii) this Agreement and the Advisory Agreement have been approved by the vote of a majority of the outstanding voting securities of the Company; Fund; (b) Receipt by FIMC of certified copies of instructions from the each Fund to its custodian designating the persons specified by FIMC as "Authorized Persons" under the Fund's custody agreementagreement and the custodian's agreement to provide such persons with cash balances and similar information necessary to manage each Fund;

Appears in 2 contracts

Samples: Subadvisory Agreement (Vision Group of Funds), Subadvisory Agreement (MTB Group of Funds)

Conditions to Agreement. FIMC's and the Adviser's obligations under this Agreement are subject to the satisfaction of the following conditions precedent: (a) Receipt by FIMC of a certificate of an officer of Company stating satisfactory evidence that (i) this Agreement and the Advisory Agreement have been approved by the vote of a majority of the Trustees, who are not interested persons of FIMC or the Adviser, cast in person at a meeting of the Board call called for the purpose of voting on such approval, and (ii) this Agreement and the Advisory Agreement have been approved by the vote of a majority of the outstanding voting securities of the CompanyFund; (b) Receipt by FIMC of certified copies of instructions from the each Fund to its custodian designating the persons specified by FIMC as "Authorized Persons" under the Fund's custody agreementagreement and the custodian's agreement to provide such persons with cash balances and similar information necessary to manage each Fund;

Appears in 2 contracts

Samples: Subadvisory Agreement (Vision Group of Funds), Subadvisory Agreement (Vision Group of Funds)

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Conditions to Agreement. FIMCFIC's and the Adviser's obligations under this Agreement are subject to the satisfaction of the following conditions precedent: (a) Receipt by FIMC FIC of a certificate of an officer of the Company stating that (i) this Agreement and the Advisory Agreement have been approved by the vote of a majority of the Trusteestrustees, who are not interested persons of FIMC FIC or the Adviser, cast in person at a meeting of the Board call called for the purpose of voting on such approval, and (ii) this Agreement and the Advisory Agreement have been approved by the vote of a majority of the outstanding voting securities of the Company; (b) Receipt by FIMC FIC of certified copies of instructions from the Fund to its custodian designating the persons specified by FIMC FIC as "Authorized Persons" under the Fund's custody agreement;

Appears in 1 contract

Samples: Sub Advisory Agreement (Bb&t Funds /)

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