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

Duration and Termination of this Agreement. This Agreement shall take effect on the date of its execution, and shall remain in force for a period of two (2) years from the date of its execution, and from year to year thereafter, subject to annual approval by (i) the Board or (ii) a vote of a majority of the outstanding voting securities of the Fund, provided that in either event continuance is also approved by a majority of the trustees who are not interested persons of you or the Trust, by a vote cast in person at a meeting called for the purpose of voting such approval. This Agreement may, on sixty days written notice, be terminated with respect to the Fund, at any time without the payment of any penalty, by the Board, by a vote of a majority of the outstanding voting securities of the Fund, or by you. This Agreement shall automatically terminate in the event of its assignment.

Appears in 69 contracts

Samples: Management Agreement (Frank Funds), Management Agreement (Frank Funds), Management Agreement (Frank Funds)

AutoNDA by SimpleDocs

Duration and Termination of this Agreement. This Agreement shall take effect on become effective upon the date of its execution, and and, unless terminated as herein provided, shall remain in full force for a period and effect through and including the second anniversary of two (2) years from the date execution of its execution, this Agreement and from year to year shall continue in full force and effect indefinitely thereafter, subject to annual approval by but only so long as such continuance after such date is specifically approved at least annually (i) by the Board or of Trustees of the Fund and (ii) by the vote of a majority of those Trustees of the Fund who are not interested persons of the Administrator or the Fund. Either party hereto may, at any time on sixty (60) days' prior written notice to the other, terminate this Agreement without the payment of any penalty, by action of the Trustees of the Fund or the trustee of the Administrator, as the case may be, and the Fund may, at any time upon such written notice to the Administrator, terminate the Agreement by vote of a majority of the outstanding voting securities of the Fund, provided that in either event continuance is also approved by a majority of the trustees who are not interested persons of you or the Trust, by a vote cast in person at a meeting called for the purpose of voting such approval. This Agreement may, on sixty days written notice, be terminated with respect to the Fund, at any time without the payment of any penalty, by the Board, by a vote of a majority of the outstanding voting securities of the Fund, or by you. This Agreement shall terminate automatically terminate in the event of its assignment.

Appears in 35 contracts

Samples: Administrative Services Agreement (Eaton Vance Michigan Municipal Bond Fund), Administrative Services Agreement (Eaton Vance New Jersey Municipal Bond Fund), Administrative Services Agreement (Eaton Vance New York Municipal Bond Fund)

Duration and Termination of this Agreement. This Agreement shall take effect on the date of its execution, and shall remain in force for a period of two (2) years from the date of its execution, and from year to year thereafter, subject to annual approval by by: (i) the Board of Trustees; or (ii) a vote of a majority of the outstanding voting securities of the Fund, provided that in either event continuance is also approved by a majority of the trustees Trustees who are not interested persons of you or the Trust, by a vote cast in person at a meeting called for the purpose of voting such approval. This Agreement may, on sixty (60) days written notice, be terminated with respect to the Fund, at any time without the payment of any penalty, by the BoardBoard of Trustees, by a vote of a majority of the outstanding voting securities of the Fund, or by you. This Agreement shall automatically terminate in the event of its assignment.

Appears in 27 contracts

Samples: Management Agreement (PFS Funds), Management Agreement (Neiman Funds), Investment Advisory Agreement (World Funds Trust)

Duration and Termination of this Agreement. This Agreement shall take effect on become effective upon the date of its execution, and and, unless terminated as herein provided, shall remain in full force for a period and effect through and including the second anniversary of two (2) years from the date execution of its execution, this Agreement and from year to year shall continue in full force and effect indefinitely thereafter, subject to annual approval by but only so long as such continuance after such date is specifically approved at least annually (i) by the Board or of Trustees of the Trust and (ii) by the vote of a majority of those Trustees of the Trust who are not interested persons of the Administrator or the Trust. Either party hereto may, at any time on sixty (60) days’ prior written notice to the other, terminate this Agreement without the payment of any penalty, by action of Trustees of the Trust or the trustee of the Administrator, as the case may be, and the Trust may, at any time upon such written notice to the Administrator, terminate this Agreement by vote of a majority of the outstanding voting securities of the Fund, provided that in either event continuance is also approved by a majority of the trustees who are not interested persons of you or the Trust, by a vote cast in person at a meeting called for the purpose of voting such approval. This Agreement may, on sixty days written notice, be terminated with respect to the Fund, at any time without the payment of any penalty, by the Board, by a vote of a majority of the outstanding voting securities of the Fund, or by you. This Agreement shall terminate automatically terminate in the event of its assignment.

Appears in 14 contracts

Samples: Administrative Services Agreement (Eaton Vance Series Trust), Administrative Services Agreement (Eaton Vance Variable Trust), Administrative Services Agreement (Eaton Vance Series Trust Ii)

Duration and Termination of this Agreement. This Agreement shall take effect on become effective upon the date of its execution, and and, unless terminated as herein provided, shall remain in full force for a period of two (2) years from the date of its executionand effect through and including March 31, 2004 and from year to year shall continue in full force and effect indefinitely thereafter, subject to annual approval by but only so long as such continuance after March 31, 2004 is specifically approved at least annually (i) by the Board or of Trustees of the Fund, and (ii) by the vote of a majority of those Trustees of the Fund who are not interested persons of the Administrator or the Fund. Either party hereto may, at any time on sixty (60) days' prior written notice to the other, terminate this Agreement by action of the Trustees of the Fund or the trustees of the Administrator, and the Fund may, at any time upon such written notice to the Administrator, terminate the Agreement by vote of a majority of the outstanding voting securities of the Fund, provided that in either event continuance is also approved by a majority of the trustees who are not interested persons of you or the Trust, by a vote cast in person at a meeting called for the purpose of voting such approval. This Agreement may, on sixty days written notice, be terminated with respect to the Fund, at any time without the payment of any penalty, by the Board, by a vote of a majority of the outstanding voting securities of the Fund, or by you. This Agreement shall terminate automatically terminate in the event of its assignment.

Appears in 14 contracts

Samples: Administration Agreement (Eaton Vance Insured Florida Municipal Bond Fund), Administration Agreement (Eaton Vance Insured Ohio Municipal Bond Fund), Administration Agreement (Eaton Vance Insured Michigan Municipal Bond Fund)

Duration and Termination of this Agreement. This Agreement shall take effect on the date of its execution, and shall remain in force for a period of two (2) years from the date of its execution, and from year to year thereafter, subject to annual approval by (i) the Board or (ii) a vote of a majority of the outstanding voting securities of the Fund, provided that in either event continuance is also approved by a majority of the trustees Trustees who are not interested persons of you or the Trust, by a vote cast in person at a meeting called for the purpose of voting such approval. This Agreement may, on sixty days written notice, be terminated with respect to the Fund, at any time without the payment of any penalty, by the Board, by a vote of a majority of the outstanding voting securities of the Fund, or by you. This Agreement shall automatically terminate in the event of its assignment.

Appears in 6 contracts

Samples: Management Agreement (Unified Series Trust), Management Agreement (Unified Series Trust), Management Agreement (Unified Series Trust)

Duration and Termination of this Agreement. This Agreement shall take effect on become effective as of the date of its execution, first above written and shall remain in force for a period of two (2) years from the date of its executionwith respect to each Fund until June 30, 2002, and from year to year thereafter, subject but only so long as such continuance is specifically approved with respect to annual approval by each Fund at least annually by: (i) the Board Directors, or (ii) a by the vote of a majority of the outstanding voting securities of the Fund, provided that in either event continuance is also approved by and (ii) a majority of the trustees those Directors who are not parties to this Agreement or interested persons of you or the Trust, by a vote any such party cast in person at a meeting called for the purpose of voting on such approval. This Agreement may, on sixty days written notice, my be terminated at any time with respect to the a Fund, at any time without the payment of any penalty, by the Board, Directors or by a the vote of a majority of the outstanding voting securities of the such Fund, or by youthe Manager, on sixty days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment.

Appears in 3 contracts

Samples: Management Agreement (Hennessy Advisors Inc), Management Agreement (Hennessy Mutual Funds Inc), Management Agreement (Hennessy Mutual Funds Inc)

Duration and Termination of this Agreement. This Agreement shall take effect on the date of its execution, and shall remain in force for a period of two (2) years from the date of its executionuntil May 31, 2003, and from year to year thereafter, subject to annual approval by (i) the Board or (ii) a vote of a majority of the outstanding voting securities of the Fund, provided that in either event continuance is also approved by a majority of the trustees who are not interested persons of you or the Trust, by a vote cast in person at a meeting called for the purpose of voting such approval. This Agreement may, on sixty days written notice, be terminated with respect to the Fund, at any time without the payment of any penalty, by the Board, by a vote of a majority of the outstanding voting securities of the Fund, or by you. This Agreement shall automatically terminate in the event of its assignment.

Appears in 2 contracts

Samples: Management Agreement (Diamond Hill Funds), Management Agreement (Diamond Hill Funds)

Duration and Termination of this Agreement. This Agreement shall take effect on become effective upon the date of its execution, and and, unless terminated as herein provided, shall remain in full force for a period of two (2) years from the date of its executionand effect through and including March 31, 2000 and from year to year shall continue in full force and effect indefinitely thereafter, subject to annual approval by but only so long as such continuance after March 31, 2000 is specifically approved at least annually (i) by the Board or of Trustees of the Trust and (ii) by the vote of a majority of those Trustees of the Trust who are not interested persons of the Administrator or the Trust. Either party hereto may, at any time on sixty (60) days' prior written notice to the other, terminate this Agreement without the payment of any penalty, by action of Trustees of the Trust or the trustee of the Administrator, as the case may be, and the Trust may, at any time upon such written notice to the Administrator, terminate this Agreement by vote of a majority of the outstanding voting securities of the Fund, provided that in either event continuance is also approved by a majority of the trustees who are not interested persons of you or the Trust, by a vote cast in person at a meeting called for the purpose of voting such approval. This Agreement may, on sixty days written notice, be terminated with respect to the Fund, at any time without the payment of any penalty, by the Board, by a vote of a majority of the outstanding voting securities of the Fund, or by you. This Agreement shall terminate automatically terminate in the event of its assignment.

Appears in 2 contracts

Samples: Administrative Agreement (Amway Mutual Fund Inc), Administrative Agreement (Amway Mutual Fund Inc)

Duration and Termination of this Agreement. This Agreement shall take effect on become effective as of the date commencement of its executioninvestment operations of the Fund, and shall remain in force for a period of two (2) years from the date of its executionthat date, and from year to year thereafter, subject to annual approval by by: (i) the Board of Trustees; or (ii) a vote of a majority of the outstanding voting securities of the respective Fund, provided that in either event continuance is also approved by a majority of the trustees Trustees who are not interested persons of you or the Trust, by a vote cast in person at a meeting called for the purpose of voting such approval. This Agreement may, on sixty (60) days written notice, be terminated with respect to the a Fund, at any time without the payment of any penalty, by the BoardBoard of Trustees, by a vote of a majority of the outstanding voting securities of the respective Fund, or by you. This Agreement shall automatically terminate in the event of its assignment.

Appears in 1 contract

Samples: Management Agreement (Neiman Funds)

Duration and Termination of this Agreement. This Agreement shall take effect on become effective upon the date of its execution, and and, unless terminated as herein provided, shall remain in full force for a period of two (2) years from the date of its executionand effect through and including February 28, 2001 and from year to year shall continue in full force and effect indefinitely thereafter, subject to annual approval by but only so long as such continuance after February 28, 2001 is specifically approved at least annually (i) by the Board or of Trustees of the Trust and (ii) by the vote of a majority of those Trustees of the Trust who are not interested persons of the Administrator or the Trust. Either party hereto may, at any time on sixty (60) days' prior written notice to the other, terminate this Agreement without the payment of any penalty, by action of Trustees of the Trust or the trustee of the Administrator, as the case may be, and the Trust may, at any time upon such written notice to the Administrator, terminate this Agreement by vote of a majority of the outstanding voting securities of the Fund, provided that in either event continuance is also approved by a majority of the trustees who are not interested persons of you or the Trust, by a vote cast in person at a meeting called for the purpose of voting such approval. This Agreement may, on sixty days written notice, be terminated with respect to the Fund, at any time without the payment of any penalty, by the Board, by a vote of a majority of the outstanding voting securities of the Fund, or by you. This Agreement shall terminate automatically terminate in the event of its assignment.

Appears in 1 contract

Samples: Administrative Services Agreement (Eaton Vance Mutual Funds Trust)

Duration and Termination of this Agreement. This Agreement shall take effect on the date of its execution, and shall remain in force for a period of two (2) years from the date of its execution, and from year to year thereafter, subject to annual approval by (i) the Board or (ii) a vote of a majority of the outstanding voting securities of the FundFunds, provided that in either event continuance is also approved by a majority of the trustees who are not interested persons of you or the Trust, by a vote cast in person at a meeting called for the purpose of voting such approval. This Agreement may, on sixty days written notice, be terminated with respect to the FundFunds, at any time without the payment of any penalty, by the Board, by a vote of a majority of the outstanding voting securities of the FundFunds, or by you. This Agreement shall automatically terminate in the event of its assignment.

Appears in 1 contract

Samples: Management Agreement (Frank Funds)

AutoNDA by SimpleDocs

Duration and Termination of this Agreement. This Agreement shall take effect on the date of its execution, and shall remain in force for a period of two (2) years from the date of its executionuntil May 31, 2005, and from year to year thereafter, subject to annual approval by (i) the Board or (ii) a vote of a majority of the outstanding voting securities of the Fund, provided that in either event continuance is also approved by a majority of the trustees who are not interested persons of you or the Trust, by a vote cast in person at a meeting called for the purpose of voting such approval. This Agreement may, on sixty days written notice, be terminated with respect to the Fund, at any time without the payment of any penalty, by the Board, by a vote of a majority of the outstanding voting securities of the Fund, or by you. This Agreement shall automatically terminate in the event of its assignment.

Appears in 1 contract

Samples: Management Agreement (Diamond Hill Funds)

Duration and Termination of this Agreement. This Agreement shall take effect on the date of its execution, and shall remain in force for a period of two (2) years from the date of its executionthrough December 31, 2002, and from year to year thereafter, subject to annual approval by (i) the Board or (ii) a vote of a majority of the outstanding voting securities of the Fund, provided that in either event continuance is also approved by a majority of the trustees who are not interested persons of you or the Trust, by a vote cast in person at a meeting called for the purpose of voting such approval. This Agreement may, on sixty days written notice, be terminated with respect to the Fund, at any time without the payment of any penalty, by the Board, by a vote of a majority of the outstanding voting securities of the Fund, or by you. This Agreement shall automatically terminate in the event of its assignment.

Appears in 1 contract

Samples: Management Agreement (Pauze Funds)

Duration and Termination of this Agreement. This Agreement shall take effect on the date of its execution, and shall remain in force for a period of two (2) years from the date of its execution, and from year to year thereafter, subject to annual approval by (i) the Board Board, or (ii) a vote of a majority of the outstanding voting securities of the Fund, provided that in either event continuance is also approved by a majority of the trustees who are not interested persons of you or the Trust, by a vote cast in person at a meeting called for the purpose of voting such approval. This Agreement may, on sixty days written notice, be terminated with respect to the Fund, at any time without the payment of any penalty, by the Board, by a vote of a majority of the outstanding voting securities of the Fund, or by you. This Agreement shall automatically terminate in the event of its assignment.

Appears in 1 contract

Samples: Management Agreement (Ameriprime Advisors Trust)

Duration and Termination of this Agreement. This Agreement shall take effect on the date of its executionthe Fund commences investment operations, and shall remain in force for a period of two (2) years from the date of its execution, and from year to year thereafter, subject to annual approval by (i) the Board or (ii) a vote of a majority of the outstanding voting securities of the Fund, provided that in either event continuance is also approved by a majority of the trustees who are not interested persons of you or the Trust, by a vote cast in person at a meeting called for the purpose of voting such approval. This Agreement may, on sixty days written notice, be terminated with respect to the Fund, at any time without the payment of any penalty, by the Board, by a vote of a majority of the outstanding voting securities of the Fund, or by you. This Agreement shall automatically terminate in the event of its assignment.

Appears in 1 contract

Samples: Management Agreement (Frank Funds)

Duration and Termination of this Agreement. This Agreement shall take effect on the date of become effective upon its execution, execution and shall remain continue in force effect for a period of two (2) years from the date of its execution, and from year to year thereafter, subject to annual approval by but only so long as such continuance is specifically approved at least annually (i) by the Board or (ii) a vote of a majority of the outstanding voting securities directors of the Fund, provided that in either event continuance is also approved by a majority of the trustees Fund who are not interested persons parties to this Agreement or Interested Persons of you the Fund or the Trust, by a vote cast in person Adviser at a meeting specifically called for the purpose of voting on such approval. This Agreement may, on sixty days written notice, be terminated with respect to the Fund, at any time without the payment of any penalty, and (ii) by the Board, Board or by a vote of a majority of the outstanding voting securities of the Fund. This Agreement may be terminated by the Adviser at any time without penalty on 60 days' written notice, and may be terminated at any time without penalty by the Board or by youthe vote of a majority of the outstanding voting securities of the Fund on 60 days' written notice. This Agreement shall automatically terminate in the event of its transfer or assignment.

Appears in 1 contract

Samples: Investment Advisory Agreement (Armstrong Associates Inc)

Duration and Termination of this Agreement. This Agreement shall take effect on the date of its execution, and shall remain in force for a period of two (2) years from the date of its execution, and from year to year thereafter, subject to annual approval by by: (i) the Board of Directors; or (ii) a vote of a majority of the outstanding voting securities of the Fund, provided that in either event continuance is also approved by a majority of the trustees Directors who are not interested persons of you or the TrustFund, by a vote cast in person at a meeting called for the purpose of voting such approval. This Agreement may, on sixty (60) days written notice, be terminated with respect to the Fund, at any time without the payment of any penalty, by the BoardBoard of Directors, by a vote of a majority of the outstanding voting securities of the Fund, or by you. This Agreement shall automatically terminate in the event of its assignment.

Appears in 1 contract

Samples: Management Agreement (Pebblebrook Fund Inc)

Duration and Termination of this Agreement. This Agreement shall take effect [on the date of its execution, ,] and shall remain in force for a period of two (2) years from the date of its execution, and from year to year thereafter, subject to annual approval by (i) the Board or (ii) a vote of a majority of the outstanding voting securities of the Fund, provided that in either event continuance is also approved by a majority of the trustees who are not interested persons of you or the Trust, by a vote cast in person at a meeting called for the purpose of voting such approval. This Agreement may, on sixty days written notice, be terminated with respect to the Fund, at any time without the payment of any penalty, by the Board, by a vote of a majority of the outstanding voting securities of the Fund, or by you. This Agreement shall automatically terminate in the event of its assignment.

Appears in 1 contract

Samples: Management Agreement (Ameriprime Advisors Trust)

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