Common use of Duration and Termination of the Agreement Clause in Contracts

Duration and Termination of the Agreement. 10.1. This Agreement shall become effective as of the date first written above and shall remain in force from year to year thereafter, but only so long as such continuance is specifically approved at least annually by (i) the Fund’s Board of Trustees or by the vote of a majority of the outstanding voting securities of the Fund, and (ii) by the vote of a majority of those Trustees who are not parties to this Agreement or interested persons of any such party, cast in person at a meeting or meetings called for the purpose of voting on such approval. 10.2. This Agreement may be terminated at any time, without the payment of any penalty, by the Fund’s Board of Trustees or by vote of a vote of a majority of the outstanding voting securities of the Fund, or by the Distributor, on sixty days written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.

Appears in 6 contracts

Samples: Distribution Agreement (Third Avenue Trust), Distribution Agreement (Third Avenue Trust), Distribution Agreement (Third Avenue Trust)

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Duration and Termination of the Agreement. 10.19.1. This Agreement shall become effective as of the date first written above and shall remain in force from year to year thereafter, but only so long as such continuance is specifically approved at least annually by (i) the Fund’s 's Board of Trustees or by the vote of a majority of the outstanding voting securities of the Fund, and (ii) by the vote of a majority of those Trustees who are not parties to this Agreement or interested persons of any such party, cast in person at a meeting or meetings called for the purpose of voting on such approval. 10.29.2. This Agreement may be terminated at any time, without the payment of any penalty, by the Fund’s 's Board of Trustees or by vote of a vote of a majority of the outstanding voting securities of the Fund, or by the Distributor, on sixty days written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.

Appears in 6 contracts

Samples: Distribution Agreement (Third Avenue Trust), Distribution Agreement (Third Avenue Trust), Distribution Agreement (Third Avenue Variable Series Trust)

Duration and Termination of the Agreement. 10.19.1. This Agreement shall become effective as of the date first written above and shall remain in force from year to year thereafter, but only so long as such continuance is specifically approved at least annually by (i) the Fund’s 's Board of Trustees or by the vote of a majority of the outstanding voting securities of the Fund, and (ii) by the vote of a majority of those Trustees trustees who are not parties to this Agreement or interested persons of any such party, cast in person at a meeting or meetings called for the purpose of voting on such approval. 10.29.2. This Agreement may be terminated at any time, without the payment of any penalty, by the Fund’s 's Board of Trustees or by vote of a vote of a majority of the outstanding voting securities of the Fund, or by the Distributor, on sixty days written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.

Appears in 2 contracts

Samples: Distribution Agreement (Third Avenue Trust), Distribution Agreement (Third Avenue Trust)

Duration and Termination of the Agreement. 10.1. This Agreement shall become effective as of the date first above written above and shall remain in force from year to year until ______________, 2002, and thereafter, but only so long as the Management Agreement remains in force and provided that such continuance is specifically approved at least annually by (i) the Fund’s Board of Trustees Directors of the Corporation or by the vote of a majority of the outstanding voting securities of the Fund, and (ii) by the vote of a majority of those Trustees directors who are not parties to this Agreement or interested persons of any such party, party cast in person at a meeting or meetings called for the purpose of voting on such approval. 10.2. This Agreement may be terminated at any time, without the payment of any penalty, by the Fund’s Board of Trustees Manager or by vote of a vote of a majority of the outstanding voting securities of the Fund, Fund or by the DistributorInvestment Adviser, on sixty days days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.

Appears in 2 contracts

Samples: Investment Advisory Agreement (Nomura Pacific Basin Fund Inc), Investment Advisory Agreement (Nomura Pacific Basin Fund Inc)

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Duration and Termination of the Agreement. 10.19.1. This Agreement shall become effective as of the date first written above and shall remain in force from year to year thereafter, but only so long as such continuance is specifically approved at least annually by (i) the Fund’s 's Board of Trustees Directors or by the vote of a majority of the outstanding voting securities of the Fund, and (ii) by the vote of a majority of those Trustees directors who are not parties to this Agreement or interested persons of any such party, cast in person at a meeting or meetings called for the purpose of voting on such approval. 10.29.2. This Agreement may be terminated at any time, without the payment of any penalty, by the Fund’s 's Board of Trustees or by vote of a vote of a majority of the outstanding voting securities of the Fund, or by the Distributor, on sixty days written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.

Appears in 1 contract

Samples: Distribution Agreement (Third Avenue Trust)

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