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Common use of Dual Interests Clause in Contracts

Dual Interests. It is understood that some person or persons may be directors, trustees, officers or shareholders of both the Funds and Advisory Corp. (including Advisory Corp.'s affiliates), and that the existence of any such dual interest shall not affect the validity hereof or of any transactions hereunder except as otherwise provided by a specific provision of applicable law.

Appears in 28 contracts

Samples: Fund Accounting Agreement (Explorer Institutional Trust), Fund Accounting Agreement (Van Kampen Trust), Fund Accounting Agreement (Van Kampen American Capital Foreign Securities Fund)

Dual Interests. It is understood that some person or persons may be --------------- directors, trustees, officers or shareholders of both the Funds and Advisory Corp. (including Advisory Corp.'s affiliates), and that the existence of any such dual interest shall not affect the validity hereof or of any transactions hereunder except as otherwise provided by a specific provision of applicable law.

Appears in 5 contracts

Samples: Fund Accounting Agreement (Van Kampen American Capital Tax Free Trust), Fund Accounting Agreement (Van Kampen American Capital Tax Exempt Trust), Fund Accounting Agreement (Van Kampen American Capital U S Government Trust for Income)