Common use of Effectiveness and Termination of Agreement Clause in Contracts

Effectiveness and Termination of Agreement. This Agreement shall be effective as of the later of the date of execution on behalf of Board or Delegate and shall remain in effect until terminated as provided herein. This Agreement may be terminated at any time, without penalty, by written notice from the terminating party to the non-terminating party. Termination by the Fund will become effective 90 days after receipt by the Bank of such notice; and termination by the Bank will become effective 180 days after receipt by the Fund of such notice.

Effectiveness and Termination of Agreement. This Agreement shall be effective as of the later of the date of execution on behalf of Board each Fund or Delegate and shall remain in effect until terminated as provided herein. This Agreement may be terminated with respect to any Fund at any time, without penalty, by written notice from the terminating party to the non-terminating party. Termination by the Fund will become effective 90 30 days after receipt by the Bank non-terminating party of such notice; . Termination of this Agreement with respect to any Fund shall not affect this Agreement as it applies to Delegate and termination by the Bank will become effective 180 days after receipt by the Fund of such noticeany other Fund.