Common use of EFFECTIVE PERIOD AND TERMINATION OF THIS CONTRACT Clause in Contracts

EFFECTIVE PERIOD AND TERMINATION OF THIS CONTRACT. This Contract shall become effective upon its execution and shall remain in full force and effect continuously thereafter for a period of two years from the date hereof (unless terminated automatically as set forth in Section 4), and shall continue for successive one-year periods thereafter, if approved in accordance with Section 6, until terminated by either party hereto at any time by not more than sixty days nor less than thirty days written notice delivered or mailed by registered mail, postage prepaid, to the other party. Such action by the Trust with respect to termination may be taken either (i) by vote of a majority of its Trustees, or (ii) by the affirmative vote of a majority of the outstanding shares of the affected Portfolio. Termination of this Contract pursuant to this Section 5 will be without the payment of any penalty.

Appears in 3 contracts

Samples: Management Contract (Mentor Variable Investment Portfolios), Mentor Variable Investment Portfolios, Mentor Variable Investment Portfolios

AutoNDA by SimpleDocs

EFFECTIVE PERIOD AND TERMINATION OF THIS CONTRACT. This Contract Agreement shall become effective upon its execution and shall remain in full force and effect continuously thereafter for a period until the close of two years from the date hereof business on , 2000 (unless terminated automatically as set forth in Section 4), and shall continue for successive one-year periods thereafter, if approved in accordance with Section 6, until terminated by either party hereto at any time by not more than sixty days nor less than thirty days written notice delivered or mailed by registered mail, postage prepaid, to the other party. Such action by the Trust with respect to termination may be taken either (i) by vote of a majority of its Trustees, or (ii) by the affirmative vote of a majority of the outstanding shares of the affected Portfolio. Termination of this Contract Agreement pursuant to this Section 5 will be without the payment of any penalty.

Appears in 3 contracts

Samples: Investment Advisory and Management Agreement (Mentor Funds), Investment Advisory and Management Agreement (Mentor Funds), And Management Agreement (Mentor Funds)

EFFECTIVE PERIOD AND TERMINATION OF THIS CONTRACT. This Contract Agreement shall become effective upon its execution and shall remain in full force and effect continuously thereafter for a period until the close of two years from the date hereof business on February 9, 2001 (unless terminated automatically as set forth in Section 4), and shall continue for successive one-year periods thereafter, if approved in accordance with Section 6, until terminated by either party hereto at any time by not more than sixty days nor less than thirty days written notice delivered or mailed by registered mail, postage prepaid, to the other party. Such action by the Trust with respect to termination may be taken either (i) by vote of a majority of its Trustees, or (ii) by the affirmative vote of a majority of the outstanding shares of the affected Portfolio. Termination of this Contract Agreement pursuant to this Section 5 will be without the payment of any penalty.

Appears in 3 contracts

Samples: Management Agreement (Mentor Funds), Investment Advisory and Management Agreement (Mentor Funds), Management Agreement (Mentor Funds)

EFFECTIVE PERIOD AND TERMINATION OF THIS CONTRACT. This Contract shall become effective upon its execution and shall remain in full force and effect continuously thereafter for a period until the close of two years from the date hereof business on January 31, 2000 (unless terminated automatically as set forth in Section 4), and shall continue for successive one-year periods thereafter, if approved in accordance with Section 6, until terminated by either party hereto at any time by not more than sixty days nor less than thirty days written notice delivered or mailed by registered mail, postage prepaid, to the other party. Such action by the Trust with respect to termination may be taken either (i) by vote of a majority of its Trustees, or (ii) by the affirmative vote of a majority of the outstanding shares of the affected PortfolioFund. Termination of this Contract pursuant to this Section 5 will be without the payment of any penalty.

Appears in 3 contracts

Samples: And Management Agreement (Mentor Funds), And Management Agreement (Mentor Funds), Management Contract (Mentor Institutional Trust)

EFFECTIVE PERIOD AND TERMINATION OF THIS CONTRACT. This Contract shall become effective upon its execution and shall remain in full force and effect continuously thereafter for a period until the close of two years from the date hereof business on February 1, 2000 (unless terminated automatically as set forth in Section 4), and shall continue for successive one-year periods thereafter, if approved in accordance with Section 6, until terminated by either party hereto at any time by not more than sixty days nor less than thirty days written notice delivered or mailed by registered mail, postage prepaid, to the other party. Such action by the Trust with respect to termination may be taken either (i) by vote of a majority of its Trustees, or (ii) by the affirmative vote of a majority of the outstanding shares of the affected PortfolioFund. Termination of this Contract pursuant to this Section 5 will be without the payment of any penalty.

Appears in 3 contracts

Samples: Investment Advisory and Management Agreement (Mentor Funds), Mentor Institutional Trust (Mentor Institutional Trust), And Management Agreement (Mentor Funds)

EFFECTIVE PERIOD AND TERMINATION OF THIS CONTRACT. This Contract shall become effective upon its execution and shall remain in full force and effect continuously thereafter for a period until the close of two years from the date hereof business on April , 1999 (unless terminated automatically as set forth in Section 4), and shall continue for successive one-year periods thereafter, if approved in accordance with Section 6, until terminated by either party hereto at any time by not more than sixty days nor less than thirty days written notice delivered or mailed by registered mail, postage prepaid, to the other party. Such action by the Trust with respect to termination may be taken either (i) by vote of a majority of its Trustees, or (ii) by the affirmative vote of a majority of the outstanding shares of the affected PortfolioFund. Termination of this Contract pursuant to this Section 5 will be without the payment of any penalty.

Appears in 2 contracts

Samples: Investment Advisory and Management Agreement (Mentor Funds), Investment Advisory and Management Agreement (Mentor Funds)

EFFECTIVE PERIOD AND TERMINATION OF THIS CONTRACT. This Contract Agreement shall become effective upon its execution and shall remain in full force and effect continuously thereafter for a period until the close of two years from the date hereof business on , 2000 (unless terminated automatically as set forth in Section 4), and shall continue for successive one-year periods thereafter, if approved in accordance with Section 6, until terminated by either party hereto at any time by not more than sixty days nor less than thirty days written notice delivered or mailed by registered mail, postage prepaid, to the other party. Such action by the Trust with respect to termination may be taken either (i) by vote of a majority of its Trustees, or (ii) by the affirmative vote of a majority of the outstanding shares of the affected PortfolioFund. Termination of this Contract Agreement pursuant to this Section 5 will be without the payment of any penalty.

Appears in 1 contract

Samples: Investment Advisory and Management Agreement (Mentor Funds)

EFFECTIVE PERIOD AND TERMINATION OF THIS CONTRACT. This Contract shall become effective upon its execution and shall remain in full force and effect continuously thereafter for a period until the close of two years from the date hereof business on February 1, 1998 (unless terminated automatically as set forth in Section 4), and shall continue for successive one-year periods thereafter, if approved in accordance with Section 6, until terminated by either party hereto at any time by not more than sixty days nor less than thirty days written notice delivered or mailed by registered mail, postage prepaid, to the other party. Such action by the Trust with respect to termination may be taken either (i) by vote of a majority of its Trustees, or (ii) by the affirmative vote of a majority of the outstanding shares of the affected PortfolioFund. Termination of this Contract pursuant to this Section 5 will be without the payment of any penalty.

Appears in 1 contract

Samples: And Management Agreement (Mentor Funds)

EFFECTIVE PERIOD AND TERMINATION OF THIS CONTRACT. This Contract shall become effective upon its execution and shall remain in full force and effect continuously thereafter for a period until the close of two years from the date hereof business on August 10, 2000 (unless terminated automatically as set forth in Section 4), and shall continue for successive one-year periods thereafter, if approved in accordance with Section 6, until terminated by either party hereto at any time by not more than sixty days nor less than thirty days written notice delivered or mailed by registered mail, postage prepaid, to the other party. Such action by the Trust with respect to termination may be taken either (i) by vote of a majority of its Trustees, or (ii) by the affirmative vote of a majority of the outstanding shares of the affected PortfolioFund. Termination of this Contract pursuant to this Section 5 will be without the payment of any penalty.

Appears in 1 contract

Samples: And Management Agreement (Mentor Funds)

AutoNDA by SimpleDocs

EFFECTIVE PERIOD AND TERMINATION OF THIS CONTRACT. This Contract Agreement shall become effective upon its execution and shall remain in full force and effect continuously thereafter for a period until the close of two years from the date hereof business on March 30, 2000 (unless terminated automatically as set forth in Section 4), and shall continue for successive one-year periods thereafter, if approved in accordance with Section 6, until terminated by either party hereto at any time by not more than sixty days nor less than thirty days written notice delivered or mailed by registered mail, postage prepaid, to the other party. Such action by the Trust with respect to termination may be taken either (i) by vote of a majority of its Trustees, or (ii) by the affirmative vote of a majority of the outstanding shares of the affected Portfolio. Termination of this Contract Agreement pursuant to this Section 5 will be without the payment of any penalty.

Appears in 1 contract

Samples: And Management Agreement (Mentor Funds)

EFFECTIVE PERIOD AND TERMINATION OF THIS CONTRACT. This Contract Agreement shall become effective upon its execution and shall remain in full force and effect continuously thereafter for a period until the close of two years from the date hereof business on January 31, 2000 (unless terminated automatically as set forth in Section 4), and shall continue for successive one-year periods thereafter, if approved in accordance with Section 6, until terminated by either party hereto at any time by not more than sixty days nor less than thirty days written notice delivered or mailed by registered mail, postage prepaid, to the other party. Such action by the Trust with respect to termination may be taken either (i) by vote of a majority of its Trustees, or (ii) by the affirmative vote of a majority of the outstanding shares of the affected PortfolioFund. Termination of this Contract Agreement pursuant to this Section 5 will be without the payment of any penalty.

Appears in 1 contract

Samples: Management Agreement (Mentor Funds)

EFFECTIVE PERIOD AND TERMINATION OF THIS CONTRACT. This Contract shall become effective upon its execution and shall remain in full force and effect continuously thereafter for a period until the close of two years from the date hereof business on July , 1997 (unless terminated automatically as set forth in Section 4), and shall continue for successive one-year periods thereafter, if approved in accordance with Section 6, until terminated by either party hereto at any time by not more than sixty days nor less than thirty days written notice delivered or mailed by registered mail, postage prepaid, to the other party. Such action by the Trust with respect to termination may be taken either (i) by vote of a majority of its Trustees, or (ii) by the affirmative vote of a majority of the outstanding shares of the affected PortfolioFund. Termination of this Contract pursuant to this Section 5 will be without the payment of any penalty.

Appears in 1 contract

Samples: Management Contract (Mentor Institutional Trust)

EFFECTIVE PERIOD AND TERMINATION OF THIS CONTRACT. This Contract shall become effective upon its execution and shall remain in full force and effect continuously thereafter for a period until the close of two years from the date hereof business on June , 1999 (unless terminated automatically as set forth in Section 4), and shall continue for successive one-year periods thereafter, if approved in accordance with Section 6, until terminated by either party hereto at any time by not more than sixty days nor less than thirty days written notice delivered or mailed by registered mail, postage prepaid, to the other party. Such action by the Trust with respect to termination may be taken either (i) by vote of a majority of its Trustees, or (ii) by the affirmative vote of a majority of the outstanding shares of the affected Portfolio. Termination of this Contract pursuant to this Section 5 will be without the payment of any penalty.

Appears in 1 contract

Samples: Management Contract (Mentor Variable Investment Portfolios)

EFFECTIVE PERIOD AND TERMINATION OF THIS CONTRACT. This Contract Agreement shall become effective upon its execution and shall remain in full force and effect continuously thereafter for a period until the close of two years from the date hereof business on January 31, 2000 (unless terminated automatically as set forth in Section 4), and shall continue for successive one-year periods thereafter, if approved in accordance with Section 6, until terminated by either party hereto at any time by not more than sixty days nor less than thirty days written notice delivered or mailed by registered mail, postage prepaid, to the other party. Such action by the Trust with respect to termination may be taken either (i) by vote of a majority of its Trustees, or (ii) by the affirmative vote of a majority of the outstanding shares of the affected Portfolio. Termination of this Contract Agreement pursuant to this Section 5 will be without the payment of any penalty.

Appears in 1 contract

Samples: Management Agreement (Mentor Funds)

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