Common use of Effective Date; Term Clause in Contracts

Effective Date; Term. This Agreement shall become effective on the date of its execution and shall remain in force for a period of two (2) years from such date, and from year to year thereafter but only so long as such continuance is specifically approved at least annually by the vote of a majority of the Trustees who are not interested persons of the Trust or the Adviser, cast in person at a meeting called for the purpose of voting on such approval, and by a vote of the Board of Trustees or of a majority of the outstanding voting securities of the Fund. The aforesaid requirement that this Agreement may be continued "annually" shall be construed in a manner consistent with the Act and the rules and regulations thereunder.

Appears in 44 contracts

Sources: Advisory Agreement (Schwartz Investment Trust), Advisory Agreement (Schwartz Investment Trust), Advisory Agreement (Schwartz Investment Trust)

Effective Date; Term. This Agreement shall become effective on the date of its execution and shall remain in force for a period of two (2) years from such date, and from year to year thereafter but only so long as such continuance is specifically approved at least annually by the vote of a majority of the Trustees who are not interested persons of the Trust or the Adviser, cast in person at a meeting called for the purpose of voting on such approval, and by a vote of the Board of Trustees or of a majority of the outstanding voting securities of the FundFunds. The aforesaid requirement that this Agreement may be continued "annually" shall be construed in a manner consistent with the Act and the rules and regulations thereunder.

Appears in 13 contracts

Sources: Advisory Agreement (Broadway Trust), Advisory Agreement (Kobrick HFS Investment Trust), Advisory Agreement (Kobrick Investment Trust)

Effective Date; Term. This Agreement shall become effective on the date of its execution and shall remain in force for a period of two one (21) years year from such date, and from year to year thereafter but only so long as such continuance is specifically approved at least annually by the vote of a majority of the Trustees who are not interested persons of the Trust or the Adviser, cast in person at a meeting called for the purpose of voting on such approval, and by a vote of the Board of Trustees or of a majority of the outstanding voting securities of the Fund. The aforesaid requirement that this Agreement may be continued "annually" shall be construed in a manner consistent with the Act and the rules and regulations thereunder.

Appears in 10 contracts

Sources: Advisory Agreement (Schwartz Investment Trust), Advisory Agreement (Schwartz Investment Trust), Advisory Agreement (Schwartz Investment Trust)

Effective Date; Term. This Agreement shall become effective on the date of its execution and shall remain in full force for a period of two (2) years from such dateand effect until April 1, 2000, and from year to year thereafter but only so long as such continuance is specifically approved at least annually by the vote of a majority of the Trustees who are not interested persons of the Trust Trust, the Adviser or the Sub-Adviser, cast in person at a meeting called for the purpose of voting on such approval, and by a vote of the Board of Trustees or of a majority of the outstanding voting securities of the Fund. The aforesaid requirement that this Agreement may be continued "annually" shall be construed in a manner consistent with the Act and the rules and regulations thereunder.

Appears in 2 contracts

Sources: Sub Advisory Agreement (Dean Family of Funds), Sub Advisory Agreement (Dean Family of Funds)

Effective Date; Term. This Agreement shall become effective on the date of its execution and shall remain in force for a period an initial term of two (2) years from such date, and from year to year thereafter but only so long as such continuance is specifically approved at least annually by the vote of a majority of the Trustees who are not interested persons of the Trust or the Adviser, cast in person at a meeting called for the purpose of voting on such approval, and by a vote of the Board of Trustees or of a majority of the outstanding voting securities of the Fund. The aforesaid requirement that this Agreement may be continued "annually" shall be construed in a manner consistent with the Act and the rules and regulations thereunder.

Appears in 2 contracts

Sources: Advisory Agreement (Dunhill Investment Trust), Advisory Agreement (Dunhill Investment Trust)

Effective Date; Term. This Agreement shall become effective on the date of its execution and shall remain in force for a period of two (2) years from such dateuntil February 28, 1999 and from year to year thereafter but only so long as such continuance is specifically approved at least annually by the vote of a majority of the Trustees who are not interested persons of the Trust Trust, the Manager or the Adviser, cast in person at a meeting called for the purpose of voting on such approval, and by a vote of the Board of Trustees or of a majority of the outstanding voting securities of the Fund. The aforesaid requirement that this Agreement may be continued "annually" shall be construed in a manner consistent with the Act and the rules and regulations thereunder.

Appears in 2 contracts

Sources: Subadvisory Agreement (Countrywide Strategic Trust), Subadvisory Agreement (Countrywide Strategic Trust)

Effective Date; Term. This Agreement shall become effective on the date of its execution and shall remain in force for a period of two (2) years from such date, and from year to year thereafter but only so long as such continuance is specifically approved at least annually by the vote of a majority of the Trustees who are not interested persons of the Trust or the AdviserAdvisor, cast in person at a meeting called for the purpose of voting on such approval, and by a vote of the Board of Trustees or of a majority of the outstanding voting securities of the Fund. The aforesaid requirement that this Agreement may be continued "annually" shall be construed in a manner consistent with the Act and the rules and regulations thereunder.

Appears in 2 contracts

Sources: Advisory Agreement (New York State Opportunity Funds), Advisory Agreement (New York State Opportunity Funds)

Effective Date; Term. This Agreement shall become effective on the date of its execution and shall remain in force for a period of two (2) years from such that date, ; and from year to year thereafter but only so long as such continuance is specifically approved at least annually by the vote of a majority of the Trustees who are not interested persons of the Trust Trust, the Manager or the Adviser, cast in person at a meeting called for the purpose of voting on such approval, and by a vote of the Board of Trustees or of a majority of the outstanding voting securities of the Fund. The aforesaid requirement that this Agreement may be continued "annually" shall be construed in a manner consistent with the Act and the rules and regulations thereunder.

Appears in 2 contracts

Sources: Subadvisory Agreement (Countrywide Strategic Trust), Subadvisory Agreement (Countrywide Investment Trust)

Effective Date; Term. This Agreement shall become effective on the date of its execution and shall remain in force for a period of two one (21) years year from such date, and from year to year thereafter but only so long as such continuance is specifically approved at least annually by the vote of a majority of the Trustees who are not interested persons of the Trust or the Adviser, cast in person at a meeting called for the purpose of voting on such approval, and by a vote of the Board of Trustees or of a majority of the outstanding voting securities of the FundFunds. The aforesaid requirement that this Agreement may be continued "annually" shall be construed in a manner consistent with the Act and the rules and regulations thereunder.

Appears in 1 contract

Sources: Advisory Agreement (Brundage Story & Rose Investment Trust)

Effective Date; Term. This Agreement shall become effective on the date of its execution and shall remain in force for a period an initial term of two (2) years from such date, and from year to year thereafter but only so long as such continuance is specifically approved at least annually by the vote of a majority of the Trustees who are not interested persons of the Trust Trust, the Manager or the Adviser, cast in person at a meeting called for the purpose of voting on such approval, and by a vote of the Board of Trustees or of a majority of the outstanding voting securities of the Fund. The aforesaid requirement that this Agreement may be continued "annually" shall be construed in a manner consistent with the Act and the rules and regulations thereunder.

Appears in 1 contract

Sources: Subadvisory Agreement (Dunhill Investment Trust)

Effective Date; Term. This Agreement shall become effective on the date of its execution first written above and shall remain in force for a period of two (2) years from such date, and from year to year thereafter thereafter, but only so long as such continuance is specifically approved at least annually by the vote of a majority of the Trustees who are not interested persons of the Trust Trust, the Adviser or the Sub-Adviser, cast in person at a meeting called for the purpose of voting on such approval, and by a vote of the Board of Trustees or of a majority of the outstanding voting securities of the FundTrust. The aforesaid requirement that this Agreement may be continued "β€œannually" ” shall be construed in a manner consistent with the 1940 Act and the rules and regulations thereunder.

Appears in 1 contract

Sources: Sub Advisory Agreement (Wt Mutual Fund)