Common use of Effectiveness, Duration and Termination of Agreement Clause in Contracts

Effectiveness, Duration and Termination of Agreement. (a) This Agreement shall become effective as of the date first written above. This Agreement may be terminated at any time, without the payment of any penalty, on 60 days’ written notice by the Fund, by the vote of a majority of the outstanding voting securities of the Fund (as defined by the Investment Company Act) or by the vote of the Fund’s trustees or on 120 days’ written notice by the Adviser. The provisions of Section 9 of this Agreement shall remain in full force and effect, and the Adviser shall remain entitled to the benefits thereof, notwithstanding any termination of this Agreement. Further, notwithstanding the termination or expiration of this Agreement as aforesaid, the Adviser shall be entitled to any amounts owed under Sections 2 or 5 through the date of termination or expiration, and Section 9 shall continue in force and effect and apply to the Adviser and its representatives as and to the extent applicable.

Effectiveness, Duration and Termination of Agreement. (a) This Agreement shall become effective as of the date first written abovethat the Company meets the minimum offering requirement as such term is defined in the Registration Statement. This Agreement may be terminated at any time, without cause or the payment of any penalty, on 60 days’ written notice by the Fundnotice, by the vote of a majority of the outstanding voting securities of the Fund (as defined by the Investment Company Act) or by the vote of the FundCompany’s trustees or independent directors or, on 120 days’ written notice notice, by the Adviser. The provisions of Section 9 of this Agreement shall remain in full force and effect, and the Adviser shall remain entitled to the benefits thereof, notwithstanding any termination of this Agreement. Further, notwithstanding the termination or expiration of this Agreement as aforesaid, the Adviser shall be entitled to any amounts owed under Sections 2 or 5 Section 3 through the date of termination or expiration, and Section 9 shall continue in force and effect and apply to the Adviser and its representatives as and to the extent applicable.

Effectiveness, Duration and Termination of Agreement. (a) This Agreement shall become effective as of the first date first written aboveabove written. This Agreement may be terminated at any time, without the payment of any penalty, on upon not more than 60 days’ written notice by the Fundnotice, by the vote of a majority of the outstanding voting securities of the Fund (as defined by the Investment Company Act) or by the vote of the FundCompany’s trustees Directors or on 120 days’ written notice by the Adviser. The provisions of Section 9 8 of this Agreement shall remain in full force and effect, and the Adviser shall remain entitled to the benefits thereof, notwithstanding any termination of this Agreement. Further, notwithstanding the termination or expiration of this Agreement as aforesaid, the Adviser shall be entitled to any amounts owed under Sections 2 or 5 Section 3 through the date of termination or expiration, expiration and Section 9 8 shall continue in force and effect and apply to the Adviser and its representatives as and to the extent applicable.

Effectiveness, Duration and Termination of Agreement. (a) This Agreement shall become effective as of the date first written above. This Agreement may be terminated at any time, without the payment of any penalty, on 60 sixty (60) days’ written notice by the Fundnotice, by the vote of a majority of the outstanding voting securities of the Fund (as defined by the Investment Company Act) or by the vote of the FundCompany’s trustees directors or on 120 days’ written notice by the Adviser. The provisions of Section 9 of this Agreement shall remain in full force and effect, and the Adviser shall remain entitled to the benefits thereof, notwithstanding any termination of this Agreement. Further, notwithstanding the termination or expiration of this Agreement as aforesaid, the Adviser shall be entitled to any amounts owed under Sections 2 or 5 Section 3 through the date of termination or expiration, and Section 9 shall continue in force and effect and apply to the Adviser and its representatives as and to the extent applicable.

Effectiveness, Duration and Termination of Agreement. (a) This Agreement shall become effective as of the first date first written aboveabove written. This Agreement may be terminated at any time, without the payment of any penalty, on upon not more than 60 days’ written notice by the Fundnotice, by the vote of a majority of the outstanding voting securities of the Fund (as defined by the Investment Company Act) or by the vote of the Fund’s trustees Trustees or on 120 days’ written notice by the Adviser. The provisions of Section 9 8 of this Agreement shall remain in full force and effect, and the Adviser shall remain entitled to the benefits thereof, notwithstanding any termination of this Agreement. Further, notwithstanding the termination or expiration of this Agreement as aforesaid, the Adviser shall be entitled to any amounts owed under Sections 2 or 5 Section 3 through the date of termination or expiration, expiration and Section 9 8 shall continue in force and effect and apply to the Adviser and its representatives as and to the extent applicable.

Effectiveness, Duration and Termination of Agreement. (a) This Agreement shall become effective as of the first date first written aboveabove written. This Agreement may be terminated at any time, without the payment of any penalty, on upon not more than 60 days’ written notice by the Fundnotice, by the vote of a majority of the outstanding voting securities of the Fund (as defined by the Investment Company Act) or by the vote of the FundCompany’s trustees directors or on 120 days’ written notice by the Adviser. The provisions of Section 9 10 of this Agreement shall remain in full force and effect, and the Adviser shall remain entitled to the benefits thereof, notwithstanding any termination of this Agreement. Further, notwithstanding the termination or expiration of this Agreement as aforesaid, the Adviser shall be entitled to any amounts owed under Sections 2 or 5 Section 3 through the date of termination or expiration, and Section 9 10 shall continue in force and effect and apply to the Adviser and its representatives as and to the extent applicable.

Effectiveness, Duration and Termination of Agreement. (a) This Agreement shall become effective as of the date first written above. This Agreement may be terminated at any time, without the payment of any penalty, on upon not less than 60 days’ written notice by the Fundnotice, by the vote of a majority of the outstanding voting securities of the Fund (as defined by the Investment Company Act) Company, or by the vote of the FundCompany’s trustees Board or on 120 days’ written notice by the AdviserAdvisor. This Agreement shall automatically terminate in the event of its “assignment” (as such term is defined for purposes of Section 15(a)(4) of the Investment Company Act). The provisions of Section 9 18 of this Agreement shall remain in full force and effect, and the Adviser Advisor shall remain entitled to the benefits thereof, notwithstanding any termination of this Agreement. Further, notwithstanding the termination or expiration of this Agreement as aforesaid, the Adviser Advisor shall be entitled to any amounts owed under Sections 2 or 5 Section 10 through the date of termination or expirationand Sections 16, 18 and Section 9 21 shall continue in force and effect and apply to the Adviser Advisor and its representatives as and to the extent applicable.

Effectiveness, Duration and Termination of Agreement. (a) This Agreement shall become effective as of the date first written above. This Agreement may be terminated at any time, without the payment of any penalty, on 60 days’ written notice by the Fundnotice, by the vote of a majority of the outstanding voting securities of the Fund (as defined by the Investment Company Act) or by the vote of the FundCompany’s trustees directors or on 120 days’ written notice by the Adviser. The provisions of Section 9 8 of this Agreement shall remain in full force and effect, and the Adviser shall remain entitled to the benefits thereof, notwithstanding any termination of this Agreement. Further, notwithstanding the termination or expiration of this Agreement as aforesaid, the Adviser shall be entitled to any amounts owed under Sections 2 or 5 Section 3 through the date of termination or expiration, and Section 9 8 shall continue in force and effect and apply to the Adviser and its representatives as and to the extent applicable.

Effectiveness, Duration and Termination of Agreement. (a) This Agreement shall become effective as of the first date first written aboveabove written. This Agreement may be terminated at any time, without the payment of any penalty, on upon 60 days’ written notice by the Fundnotice, by the vote of a majority of the outstanding voting securities of the Fund (as defined by the Investment Company Act) or by the vote of the Fund’s trustees directors or on 120 days’ written notice by the Adviser. The provisions of Section 9 8 of this Agreement shall remain in full force and effect, and the Adviser shall remain entitled to the benefits thereof, notwithstanding any termination of this Agreement. Further, notwithstanding the termination or expiration of this Agreement as aforesaid, the Adviser shall be entitled to any amounts owed under Sections 2 or 5 Section 3 through the date of termination or expiration, and Section 9 8 shall continue in force and effect and apply to the Adviser and its representatives as and to the extent applicable.

Effectiveness, Duration and Termination of Agreement. (a) This Agreement shall become effective as of the first date first written aboveabove written. This Agreement may be terminated at any time, without the payment of any penalty, on upon 60 days’ written notice notice, (i) by the FundAdviser, (ii) by the vote of a majority of the outstanding voting securities of the Fund Fund, (as defined by the Investment Company Actiii) or by the vote of the Fund’s trustees directors, or on 120 days’ written notice (iii) by the Sub-Adviser. The provisions of Section 9 7 of this Agreement shall remain in full force and effect, and the Sub-Adviser shall remain entitled to the benefits thereof, notwithstanding any termination of this Agreement. Further, notwithstanding the termination or expiration of this Agreement as aforesaid, the Sub-Adviser shall be entitled to any amounts owed under Sections 2 or 5 Section 3 through the date of termination or expiration, and Section 9 7 shall continue in force and effect and apply to the Sub-Adviser and its representatives as and to the extent applicable.

Effectiveness, Duration and Termination of Agreement. (a) This Agreement shall become effective as upon consummation of the date first written aboveTransaction. This Agreement may be terminated at any time, without cause or the payment of any penalty, on 60 days’ written notice by the Fundnotice, by the vote of a majority of the outstanding voting securities of the Fund (as defined by the Investment Company Act) or by the vote of the FundCompany’s trustees or independent directors or, on 120 days’ written notice notice, by the Adviser. The provisions of Section 9 of this Agreement shall remain in full force and effect, and the Adviser shall remain entitled to the benefits thereof, notwithstanding any termination of this Agreement. Further, notwithstanding the termination or expiration of this Agreement as aforesaid, the Adviser shall be entitled to any amounts owed under Sections 2 or 5 Section 3 through the date of termination or expiration, and Section 9 shall continue in force and effect and apply to the Adviser and its representatives as and to the extent applicable.

Effectiveness, Duration and Termination of Agreement. (a) This Agreement shall become effective as of the first date first written aboveabove written. This Agreement may be terminated at any time, without the payment of any penalty, on by either party upon 60 days’ written notice by to the Fundother party, by the vote of a majority of the outstanding voting securities of the Fund (as defined by the Investment Company Act) or by the vote of a majority of the Fund’s trustees or on 120 days’ written notice by the AdviserBoard. The provisions of Section 9 8 of this Agreement shall remain in full force and effect, and the Adviser shall remain entitled to the benefits thereof, notwithstanding any termination of this Agreement. Further, notwithstanding the termination or expiration of this Agreement as aforesaid, the Adviser shall be entitled to any amounts owed under Sections 2 or 5 Section 3 through the date of termination or expiration, and Section 9 8 shall continue in force and effect and apply to the Adviser and its representatives as and to the extent applicable.

Effectiveness, Duration and Termination of Agreement. (a) a. This Agreement shall become effective as of the date first written above. This Agreement may be terminated at any time, without the payment of any penalty, on 60 days’ written notice by the Fund, by the vote of a majority of the outstanding voting securities of the Fund (as defined by the Investment Company Act) or by the vote of the Fund’s trustees or on 120 days’ written notice by the Adviser. The provisions of Section 9 of this Agreement shall remain in full force and effect, and the Adviser shall remain entitled to the benefits thereof, notwithstanding any termination of this Agreement. Further, notwithstanding the termination or expiration of this Agreement as aforesaid, the Adviser shall be entitled to any amounts owed under Sections 2 or 5 through the date of termination or expiration, and Section 9 shall continue in force and effect and apply to the Adviser and its representatives as and to the extent applicable.

Effectiveness, Duration and Termination of Agreement. (a) This Agreement shall become effective as of the first date first written aboveabove written. This Agreement may be terminated at any time, without the payment of any penalty, on 60 sixty (60) days’ written notice by the Fundnotice, by the vote of a majority of the Board or by a vote of the majority of the outstanding voting securities of the Fund (as defined by Company, in accordance with the requirements of the Investment Company Act) , or by the vote of the Fund’s trustees or on 120 days’ written notice by the AdviserAdvisor. The provisions of Section 9 of this Agreement shall remain in full force and effect, and the Adviser Advisor shall remain entitled to the benefits thereof, notwithstanding any termination of this Agreement. Further, notwithstanding the termination or expiration of this Agreement as aforesaid, the Adviser Advisor shall be entitled to any amounts owed under Sections 2 or 5 Section 3 through the date of termination or expiration, and Section 9 shall continue in force and effect and apply to the Adviser Advisor and its representatives as and to the extent applicable.

Effectiveness, Duration and Termination of Agreement. (a) This Agreement shall become effective as of the date first written above. This Agreement may be terminated at any time, without the payment of any penalty, on 60 days’ ' written notice by the Fund or the Adviser, and following the Fund's election to be treated as a BDC under the Investment Company Act, by the vote of a majority of the outstanding voting securities of the Fund (as defined by the Investment Company Act) or by the vote of a majority of the Fund’s trustees or on 120 days’ written notice by the AdviserIndependent Trustees. The provisions of Section 9 of this Agreement 8 shall remain in full force and effect, and the Adviser shall remain entitled to the benefits thereof, notwithstanding any termination of this Agreement. Further, notwithstanding the termination or expiration of this Agreement as aforesaid, the Adviser shall be entitled to any amounts owed under Sections 2 or 5 3 through the date of termination or expiration, and Section 9 8 shall continue in force and effect and apply to the Adviser and its representatives as and to the extent applicable.

Effectiveness, Duration and Termination of Agreement. (a) This Agreement shall become effective as of the date first written above. This Agreement may be terminated at any time, without the payment of any penalty, on upon not less than 60 days’ ' written notice by the Fundnotice, by the vote of a majority of the outstanding voting securities of the Fund (as defined by the Investment Company Act) Company, or by the vote of the Fund’s trustees Company's Board or on 120 days’ written notice by the AdviserAdvisor. This Agreement shall automatically terminate in the event of its "assignment" (as such term is defined for purposes of Section 15(a)(4) of the Investment Company Act). The provisions of Section 9 18 of this Agreement shall remain in full force and effect, and the Adviser Advisor shall remain entitled to the benefits thereof, notwithstanding any termination of this Agreement. Further, notwithstanding the termination or expiration of this Agreement as aforesaid, the Adviser Advisor shall be entitled to any amounts owed under Sections 2 or 5 Section 10 through the date of termination or expirationand Sections 16, 18 and Section 9 21 shall continue in force and effect and apply to the Adviser Advisor and its representatives as and to the extent applicable.

Effectiveness, Duration and Termination of Agreement. (a) This Agreement shall become effective as of the date first written above. This Agreement may be terminated at any time, without the payment of any penalty, on 60 days’ written notice by the Fund, by the vote of a majority of the outstanding voting securities of the Fund (as defined by the Investment Company Act) or by the vote of the Fund’s trustees or on 120 days’ written notice by the Adviser. The provisions of Section 9 of this Agreement shall remain in full force and effect, and the Adviser shall remain entitled to the benefits thereof, notwithstanding any termination of this Agreement. In addition, if the Fund elects to continue its operations following termination of the Advisory Agreement by the Adviser, the Adviser shall pay all expenses incurred as a result of its withdrawal. Further, notwithstanding the termination or expiration of this Agreement as aforesaid, the Adviser shall be entitled to any amounts owed under Sections 2 or 5 through the date of termination or expiration, and Section 9 shall continue in force and effect and apply to the Adviser and its representatives as and to the extent applicable.

Effectiveness, Duration and Termination of Agreement. (a) This Agreement shall become effective as of the first date first written aboveabove written. This Agreement may be terminated at any time, without the payment of any penalty, on upon not more than 60 days’ days written notice by the Fundnotice, by the vote of a majority of the outstanding voting securities of the Fund (as defined by the Investment Company Act) Company, or by the vote of the FundCompany’s trustees Directors or on 120 days’ written notice by the Adviser. The provisions of Section 9 8 of this Agreement shall remain in full force and effect, and the Adviser shall remain entitled to the benefits thereof, notwithstanding any termination of this Agreement. Further, notwithstanding the termination or expiration of this Agreement as aforesaidset forth in this Section 9, the Adviser shall be entitled to any amounts owed under Sections 2 or 5 Section 3 through the date of termination or expiration, expiration and Section 9 8 shall continue in force and effect and apply to the Adviser and its representatives as and to the extent applicable.

Effectiveness, Duration and Termination of Agreement. (a) This Agreement shall become effective as of the first date first written aboveabove written. This Agreement may be terminated at any time, without the payment of any penalty, on by either party upon 60 days’ written notice to the other party, or by the Fund, by either the vote of a majority of the outstanding voting securities of the Fund (as defined by the Investment Company Act) or by the vote of a majority of the Fund’s trustees or on 120 days’ written notice by the Adviser. Board.. The provisions of Section 9 8 of this Agreement shall remain in full force and effect, and the Sub-Adviser shall remain entitled to the benefits thereof, notwithstanding any termination of this Agreement. Further, notwithstanding the termination or expiration of this Agreement as aforesaid, the Sub-Adviser shall be entitled to any amounts owed under Sections 2 or 5 Section 3 through the date of termination or expiration, and Section 9 8 shall continue in force and effect and apply to the Sub-Adviser and its representatives as and to the extent applicable.

Effectiveness, Duration and Termination of Agreement. (a) This Agreement shall become effective as of the first date first written aboveabove written; provided, however, that the provisions of Section 3 of this Agreement shall be effective as of October 1, 2011. This Agreement may be terminated at any time, without the payment of any penalty, on upon not more than 60 days’ written notice by the Fundnotice, by the vote of a majority of the outstanding voting securities of the Fund (as defined by the Investment Company Act) or by the vote of the FundCompany’s trustees directors or on 120 days’ written notice by the Adviser. The provisions of Section 9 10 of this Agreement shall remain in full force and effect, and the Adviser shall remain entitled to the benefits thereof, notwithstanding any termination of this Agreement. Further, notwithstanding the termination or expiration of this Agreement as aforesaid, the Adviser shall be entitled to any amounts owed under Sections 2 or 5 Section 3 through the date of termination or expiration, and Section 9 10 shall continue in force and effect and apply to the Adviser and its representatives as and to the extent applicable.

Effectiveness, Duration and Termination of Agreement. (a) This Agreement shall become effective as upon consummation of the date first written aboveTransaction. This Agreement may be terminated at any time, without the payment of any penalty, on 60 sixty (60) days’ written notice by the Fundnotice, by the vote of a majority of the outstanding voting securities of the Fund (as defined by the Investment Company Act) or by the vote of the FundCompany’s trustees directors or on 120 days’ written notice by the Adviser. The provisions of Section 9 of this Agreement shall remain in full force and effect, and the Adviser shall remain entitled to the benefits thereof, notwithstanding any termination of this Agreement. Further, notwithstanding the termination or expiration of this Agreement as aforesaid, the Adviser shall be entitled to any amounts owed under Sections 2 or 5 Section 3 through the date of termination or expiration, and Section 9 shall continue in force and effect and apply to the Adviser and its representatives as and to the extent applicable.

Effectiveness, Duration and Termination of Agreement. (a) This Agreement shall become effective as of the first date first written aboveabove written. This Agreement may be terminated at any time, without the payment of any penalty, on upon 60 days’ written notice by the Fundnotice, by the vote of a majority of the outstanding voting securities of the Fund (as defined by the Investment Company Act) or by the vote of the Fund’s trustees directors or on 120 days’ written notice by the AdviserManager. The provisions of Section 9 8 of this Agreement shall remain in full force and effect, and the Adviser Manager shall remain entitled to the benefits thereof, notwithstanding any termination of this Agreement. Further, notwithstanding the termination or expiration of this Agreement as aforesaid, the Adviser Manager shall be entitled to any amounts owed under Sections 2 or 5 Section 3 through the date of termination or expiration, and Section 9 8 shall continue in force and effect and apply to the Adviser Manager and its representatives as and to the extent applicable.

Effectiveness, Duration and Termination of Agreement. (a) This Agreement shall become effective as of the first date first written aboveabove written. This Agreement may be terminated at any time, without the payment of any penalty, on upon 60 days’ written notice by the Fundnotice, by the vote of a majority of the outstanding voting securities of the Fund (as defined by the Investment Company Act) or by the vote of the Fund’s trustees Board or on 120 days’ written notice by the AdviserAdvisor. The provisions of Section 9 8 of this Agreement shall remain in full force and effect, and the Adviser Advisor shall remain entitled to the benefits thereof, notwithstanding any termination of this Agreement. Further, notwithstanding the termination or expiration of this Agreement as aforesaid, the Adviser Advisor shall be entitled to any amounts owed under Sections 2 or 5 Section 3 through the date of termination or expiration, and Section 9 8 shall continue in force and effect and apply to the Adviser Advisor and its representatives as and to the extent applicable.

Effectiveness, Duration and Termination of Agreement. (a) This Agreement shall become effective as of the first date first written aboveabove written. This Agreement may be terminated at any time, without the payment of any penalty, on upon 60 days’ written notice notice, (i) by the FundAdviser, (ii) by the vote of a majority of the outstanding voting securities of the Fund Company, (as defined by the Investment Company Actiii) or by the vote of the FundCompany’s trustees directors, or on 120 days’ written notice (iii) by the Sub-Adviser. The provisions of Section 9 of this Agreement shall remain in full force and effect, and the Sub-Adviser shall remain entitled to the benefits thereof, notwithstanding any termination of this Agreement. Further, notwithstanding the termination or expiration of this Agreement as aforesaid, the Sub-Adviser shall be entitled to any amounts owed under Sections 2 or 5 Section 3 through the date of termination or expiration, and Section 9 shall continue in force and effect and apply to the Sub-Adviser and its representatives as and to the extent applicable.

Effectiveness, Duration and Termination of Agreement. (a) This Agreement shall become effective as of the first date first written aboveabove written. This Agreement may be terminated at any time, without the payment of any penalty, on upon not more than 60 days’ written notice by the Fundnotice, by the vote of a majority of the outstanding voting securities of the Fund (as defined by the Investment Company Act) or by the vote of the FundCompany’s trustees Directors or on 120 days’ written notice by the AdviserAdvisor. The provisions of Section 9 8 of this Agreement shall remain in full force and effect, and the Adviser Advisor shall remain entitled to the benefits thereof, notwithstanding any termination of this Agreement. Further, notwithstanding the termination or expiration of this Agreement as aforesaid, the Adviser Advisor shall be entitled to any amounts owed under Sections 2 or 5 Section 3 through the date of termination or expiration, expiration and Section 9 8 shall continue in force and effect and apply to the Adviser Advisor and its representatives as and to the extent applicable.