DURATION, TERMINATION AND AMENDMENT OF AGREEMENT. This agreement shall remain in effect, as it may from time to time be amended, until it shall have been terminated as hereinafter provided, but no such alteration or termination shall affect or impair any rights or liabilities arising out of any acts or omissions to act occurring prior to such amendment or termination. The Custodian may terminate this agreement by giving the Fund ninety (90) days' written notice of such termination by registered mail addressed to the Fund at its principal place of business. The Fund may terminate this agreement by giving ninety (90) days' written notice thereof delivered, together with a copy of the resolution of the Board of Directors authorizing such termination and certified by the Secretary of the Fund, by registered mail to the Custodian at its principal place of business. Upon termination of this agreement, the assets of the Fund held by the Custodian shall be delivered by the Custodian to a successor custodian upon receipt by the Custodian of a copy of the resolution of the Board of Directors of the Fund, certified by the Secretary, designating the successor custodian; and if no successor custodian is designated the Custodian shall, upon such termination deliver all such assets to the Fund. This agreement may be amended at any time by the mutual agreement of the Fund and the Custodian. This agreement may not be assigned by the Custodian without the consent of the Fund, authorized or approved by a resolution of its Board of Directors.
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Samples: Custodian Agreement (Advantus Mortgage Securities Fund Inc), Custodian Agreement (Advantus Bond Fund Inc), Custodian Agreement (Advantus Money Market Fund Inc)
DURATION, TERMINATION AND AMENDMENT OF AGREEMENT. This agreement Agreement shall remain in effect, as it may from time to time be amended, until it shall have been terminated as hereinafter provided, but no such alteration or termination shall affect or impair any rights or liabilities arising out of any acts or omissions to act occurring prior to such amendment or termination. The Custodian may terminate this agreement Agreement by giving the Fund ninety (90) days' days written notice of such termination by registered mail addressed to the Fund at its principal place of business. The Fund may terminate this agreement Agreement by giving ninety (90) days' days written notice thereof delivered, together with a copy of the resolution of the Board of Directors authorizing such termination and certified by the Secretary of the Fund, by registered mail to the Custodian at its principal place of business. Upon termination of this agreementAgreement, the assets of the Fund held by the Custodian shall be delivered by the Custodian to a successor custodian upon receipt by the Custodian of a copy of the resolution of the Board of Directors of the Fund, certified by the Secretary, designating the successor custodian; and if no successor custodian is designated the Custodian shall, upon such termination termination, deliver all such assets to the Fund. This agreement Agreement may be amended at any time by the mutual agreement of the Fund and the Custodian. This agreement Agreement may not be assigned by the Custodian without the consent of the Fund, authorized or approved by a resolution of its Board of Directors.
Appears in 3 contracts
Samples: Custodian Agreement (First American Strategic Income Portfolio Inc), Custodian Agreement (First American Minnesota Municipal Income Fund Ii Inc), Custodian Agreement (First American Minnesota Municipal Income Fund Ii Inc)
DURATION, TERMINATION AND AMENDMENT OF AGREEMENT. This agreement shall remain in effect, as it may from time to time be amended, until it shall have been terminated as hereinafter provided, but no such alteration or termination shall affect or impair any rights or liabilities arising out of any acts or omissions to act occurring prior to such amendment or termination. The Custodian may terminate this agreement by giving the Fund ninety (90) days' written notice of such termination by registered mail addressed to the Fund at its principal place of business. The Fund may terminate this agreement agreement, by giving ninety (90) days' written notice thereof delivered, together with a copy of the resolution of the Board of Directors authorizing such termination and certified by the Secretary of the Fund, by registered mail to the Custodian at its principal place of business. Upon termination of this agreement, the assets of the Fund held by the Custodian shall be delivered by the Custodian to a successor custodian upon receipt by the Custodian of a copy of the resolution of the Board of Directors of the Fund, certified by the Secretary, designating the successor custodian; and if no successor custodian is designated the Custodian shall, upon such termination termination, deliver all such assets to of the Fund. This agreement may be amended at any time by the mutual agreement of the Fund and the Custodian. This agreement may not be assigned by the Custodian without the consent of the Fund, authorized or approved by a resolution of its Board of Directors.
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DURATION, TERMINATION AND AMENDMENT OF AGREEMENT. This agreement shall remain in effect, as it may from time to time be amended, until it shall have been terminated as hereinafter provided, but no such alteration or termination shall affect or impair any rights or liabilities arising out of any acts or omissions to act occurring prior to such amendment or termination. The Custodian may terminate this agreement by giving the Fund ninety (90) days' written notice of such termination by registered mail addressed to the Fund at its principal place of business. The Fund may terminate this agreement agreement, by giving ninety (90) days' written notice thereof delivered, together with a copy of the resolution of the Board of Directors authorizing such termination and certified by the Secretary of the Fund, by registered mail to the Custodian at its principal place of business. Upon termination of this agreement, the assets of the Fund held by the Custodian shall be delivered by the Custodian to a successor custodian upon receipt by the Custodian of a copy of the resolution of the Board of Directors of the Fund, certified by the Secretary, designating the successor custodian; and if no successor custodian is designated the Custodian shall, upon such termination deliver all such assets to the Fund. This agreement may be amended at any time by the mutual agreement of the Fund and the Custodian. This agreement may not be assigned by the Custodian without the consent of the Fund, authorized or approved by a resolution of its Board of Directors.
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