Common use of Effective Date and Term of Agreement Clause in Contracts

Effective Date and Term of Agreement. This Agreement shall become effective for all purposes as of the date hereof and shall remain in effect for an initial term of two years from such date. Thereafter, this Agreement shall continue in effect from year to year, provided that each such continuance is approved by the Board, including the vote of a majority of the Board members who are not "interested persons," as defined by the 1940 Act, of the Fund or the Selling Agent.

Appears in 6 contracts

Samples: Placement Agency Agreement (Excelsior Private Markets Fund III (TI), LLC), Placement Agency Agreement (Excelsior Private Markets Fund III (TE), LLC), Placement Agency Agreement (Excelsior Private Markets Fund II (TE), LLC)

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Effective Date and Term of Agreement. This Agreement shall become effective for all purposes as of the date hereof first written above and shall remain in effect for an initial term of two years from such date. Thereafter, this Agreement shall continue in effect from year to year, provided that each such continuance is approved by the Board, including the vote of a majority of the Board members who are not "interested persons," as defined by the 1940 Act, of the Fund or the Selling Agent.

Appears in 5 contracts

Samples: Agency Agreement (Grosvenor Registered Multi-Strategy Fund (Ti 1), LLC), Agency Agreement (Grosvenor Registered Multi-Strategy Fund (Ti 2), LLC), Agency Agreement (Grosvenor Registered Multi-Strategy Fund (Te), LLC)

Effective Date and Term of Agreement. This Agreement shall will become effective for all purposes as of the date hereof of its execution and shall will remain in effect for an initial term of two years from such date, unless terminated by either party in accordance with the terms of this Agreement. Thereafter, this Agreement shall will continue in effect from year to year, provided that each such continuance is approved by the BoardBoard of Directors, including the vote of a majority of the Board members Directors who are not "interested persons," as defined by the 1940 Act and the rules under that Act, of the Fund or the Selling AgentFund.

Appears in 4 contracts

Samples: Placement Agency Agreement (Jp Morgan Access Multi-Strategy Fund LLC), Placement Agency Agreement (Jp Morgan Access Multi-Strategy Fund LLC), Placement Agency Agreement (Jp Morgan Access Multi-Strategy Fund LLC)

Effective Date and Term of Agreement. This Agreement shall will become effective for all purposes as of the date hereof April 5, 2002 and shall will remain in effect for an initial term of two years from such date, unless terminated by either party in accordance with the terms of this Agreement. Thereafter, this Agreement shall will continue in effect from year to year, provided that each such continuance is approved by the Board, including the vote of a majority of the Board members Directors who are not "interested persons," as defined by the 1940 Act and the rules under that Act, of the Fund or the Selling AgentPartnership.

Appears in 2 contracts

Samples: Placement Agency Agreement (Morgan Stanley Institutional Fund of Hedge Funds Lp), Placement Agency Agreement (Morgan Stanley Institutional Fund of Hedge Funds Lp)

Effective Date and Term of Agreement. This Agreement shall become effective for all purposes as of the date hereof and shall remain in effect for an initial term of two years from such date. Thereafter, this Agreement shall continue in effect from year to year, provided that each such continuance is approved by the BoardManagers, including the vote of a majority of the Board members Managers who are not "interested persons," as defined by the Investment Company Act of 1940, as amended (the "1940 Act"), of the Fund. The Fund or shall notify promptly the Selling AgentPlacement Agent if the continuance of this Agreement has not been so approved by the Managers.

Appears in 2 contracts

Samples: Placement Agency Agreement (Torrey International Strategy Partners LLC), Placement Agency Agreement (Torrey Us Strategy Partners LLC)

Effective Date and Term of Agreement. This Agreement shall will become effective for all purposes as of the date hereof of its execution and shall will remain in effect for an initial term of two years one year from such date, unless terminated by either party in accordance with the terms of this Agreement. Thereafter, this Agreement shall will continue in effect from year to year, provided that each such continuance is approved by the BoardTrustees of the Trust, including the vote of a majority of the Board members Trustees who are not "interested persons," as defined by the 1940 Act and the rules under that Act, of the Fund or the Selling AgentTrust.

Appears in 2 contracts

Samples: Placement Agency Agreement (Jpmorgan Securities Lending Collateral Investment Trust), Jpmorgan Securities Lending Collateral Investment Trust

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Effective Date and Term of Agreement. This Agreement shall will become effective for all purposes as of the date hereof April 5, 2002 and shall will remain in effect for an initial term of two years from such date, unless terminated in accordance with the terms of this Agreement. Thereafter, this Agreement shall will continue in effect from year to year, provided that each such continuance is approved by the Board, including the vote of a majority of the Board members directors who are not "interested persons," as defined by the 1940 Act and the rules under that Act, of the Fund or the Selling AgentPartnership.

Appears in 2 contracts

Samples: Agency Agreement (Morgan Stanley Institutional Fund of Hedge Funds Lp), Agency Agreement (Morgan Stanley Institutional Fund of Hedge Funds Lp)

Effective Date and Term of Agreement. This Agreement shall will become effective for all purposes as of the date hereof of its execution and shall will remain in effect for an initial term of two years from such date, unless terminated by either party in accordance with the terms of this Agreement. Thereafter, this Agreement shall will continue in effect from year to year, provided that each such continuance is approved by the BoardBoard of Trustees, including the vote of a majority of the Board members Trustees who are not "interested persons," as defined by the 1940 Act and the rules under that Act, of the Fund or the Selling AgentFund.

Appears in 2 contracts

Samples: Placement Agency Agreement (J.P. Morgan Access Multi-Strategy Fund II), Placement Agency Agreement (J.P. Morgan Access Multi-Strategy Fund II)

Effective Date and Term of Agreement. This Agreement shall will become effective for all purposes as of the date hereof of its execution and shall will remain in effect for an initial term of two years from such date, unless terminated by either party in accordance with the terms of this Agreement. Thereafter, this Agreement shall will continue in effect from year to year, provided that each such continuance is approved by the BoardBoard of Directors, including the vote of a majority of the Board members Directors who are not "interested persons," as defined by the 1940 Act and the rules under that Act, of the Fund or the Selling AgentFund.

Appears in 1 contract

Samples: Placement Agency Agreement (J P Morgan Atlas Global Long / Short Equity Fund LLC)

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