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Common use of EFFECTIVENESS AND DURATION Clause in Contracts

EFFECTIVENESS AND DURATION. (a) This Agreement may be terminated by either party hereto upon 60 days’ prior written notice to the other party. (b) This Agreement may be terminated upon written notice of one party to the other party hereto in the event of bankruptcy or insolvency of such party to which notice is given. (c) This Agreement may be terminated at any time upon the mutual written consent of the parties hereto. (d) This Agreement will automatically and immediately terminate in the event of its “assignment.” (e) The Company agrees to notify the Trust and the Trustee immediately upon the event of the Company’s expulsion or suspension by FINRA. This Agreement will automatically and immediately terminate in the event of the Company’s expulsion or suspension by FINRA.

Appears in 4 contracts

Samples: Principal Underwriting Agreement (M Funds Trust), Principal Underwriting Agreement (Strategas Trust), Principal Underwriting Agreement (M Funds Trust)

EFFECTIVENESS AND DURATION. (a) This Agreement may be terminated by either party hereto upon 60 days’ prior written notice to the other party. (b) This Agreement may be terminated upon written notice of one party to the other party hereto in the event of bankruptcy or insolvency of such party to which notice is given. (c) This Agreement may be terminated at any time upon the mutual written consent of the parties hereto. (d) This Agreement will automatically and immediately terminate in the event of its “assignment.” (e) The Company EGD agrees to notify the Trust and the Trustee immediately upon the event of the CompanyEGD’s expulsion or suspension by FINRA. This Agreement will automatically and immediately terminate in the event of the CompanyEGD’s expulsion or suspension by FINRA.

Appears in 1 contract

Samples: Principal Underwriting Agreement (Equinox Trust)