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 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 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 Fund; (b) Receipt by FIMC of copies of instructions from each Fund to its custodian designating the persons specified by FIMC as "Authorized Persons" under the Fund's custody agreement 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)

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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 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 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 Fund; ; (b) Receipt by FIMC of copies of instructions from each Fund to its custodian designating the persons specified by FIMC as "Authorized Persons" under the Fund's custody agreement 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. 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 satisfactory evidence 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 called 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 Fund; Company; (b) Receipt by FIMC of certified copies of instructions from each the Fund to its custodian designating the persons specified by FIMC as "Authorized Persons" under the Fund's custody agreement and the custodian's agreement to provide such persons with cash balances and similar information necessary to manage each Fundagreement;

Appears in 2 contracts

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

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