Common use of FOURTEENTH Clause in Contracts

FOURTEENTH. This Agreement shall become effective with respect to the Shares of each Portfolio on August 18, 2003, upon its approval by the Board of Trustees or Board of Directors of the Fund and by vote of a majority of the trustees or directors of the Fund who are not interested parties to this Agreement or "interested persons" (as defined in Section 2(a)(19) of the 1940 Act) of any party to this Agreement cast in person at a meetixx xxxxxd for such purpose, shall continue in force and effect until June 30, 2004, and from year to year thereafter, provided, that such continuance is specifically approved with respect to the Shares of each Portfolio at least annually (a)(i) by the Board of Trustees or Board of Directors of the Fund or (ii) by the vote of a majority of the outstanding Shares of such Portfolio, and (b) by vote of a majority of the trustees or directors of the Fund who are not parties to this Agreement or "interested persons" (as defined in Section 2(a)(19) of the 1940 Act) of any party to this Agreement cast in person at a meetixx xxxxxd for such purpose.

Appears in 6 contracts

Samples: Master Distribution Agreement (Aim Growth Series), Master Distribution Agreement (Aim Investment Securities Funds), Master Distribution Agreement (Aim Equity Funds)

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FOURTEENTH. This Agreement shall become effective with respect to the Shares of each Portfolio on August 18, 2003, upon its approval by the Board of Trustees or Board of Directors of the Fund and by vote of a majority of the trustees or directors of the Fund who are not interested parties to this Agreement or "interested persons" (as defined in Section 2(a)(19) of the 1940 Act0000 Xxx) of any party to this Agreement cast in person at a meetixx xxxxxd meeting called for such purpose, shall continue in force and effect until June 30, 2004, and from year to year thereafter, provided, that such continuance is specifically approved with respect to the Shares of each Portfolio at least annually (a)(i) by the Board of Trustees or Board of Directors of the Fund or (ii) by the vote of a majority of the outstanding Shares of such Portfolio, and (b) by vote of a majority of the trustees or directors of the Fund who are not parties to this Agreement or "interested persons" (as defined in Section 2(a)(19) of the 1940 Act0000 Xxx) of any party to this Agreement cast in person at a meetixx xxxxxd meeting called for such purpose.

Appears in 4 contracts

Samples: Master Distribution Agreement (Aim Investment Funds), Master Distribution Agreement (Aim Summit Fund), Master Distribution Agreement (Aim Tax Exempt Funds)

FOURTEENTH. This Agreement shall become effective with respect to the Shares of each Portfolio on August 18, 2003, upon its approval by the Board of Trustees or Board of Directors of the Fund and by vote of a majority of the trustees or directors of the Fund who are not interested parties to this Agreement or "interested persons" (as defined in Section 2(a)(19) of the 1940 Act0000 Xxx) of any party to this Agreement cast in person at a meetixx xxxxxd meeting called for such purpose, shall continue in force and effect until June 30, 20042007, and from year to year thereafter, provided, that such continuance is specifically approved with respect to the Shares of each Portfolio at least annually (a)(i) by the Board of Trustees or Board of Directors of the Fund or (ii) by the vote of a majority of the outstanding Shares of such Portfolio, and (b) by vote of a majority of the trustees or directors of the Fund who are not parties to this Agreement or "interested persons" (as defined in Section 2(a)(19) of the 1940 Act0000 Xxx) of any party to this Agreement cast in person at a meetixx xxxxxd meeting called for such purpose.

Appears in 4 contracts

Samples: Master Distribution Agreement (Aim Special Opportunities Funds), Master Distribution Agreement (Aim Counselor Series Trust), Master Distribution Agreement (Aim Investment Funds)

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FOURTEENTH. This Agreement shall become effective with respect to the Shares of each Portfolio on August 18, 2003, upon its approval by the Board of Trustees or Board of Directors of the Fund and by vote of a majority of the trustees or directors of the Fund who are not interested parties to this Agreement or "interested persons" (as defined in Section 2(a)(19) of the 1940 Act0000 Xxx) of any party to this Agreement cast in person at a meetixx xxxxxd meeting called for such purpose, shall continue in force and effect until June 30, 20042007, and from year to year thereafter, provided, that such continuance is specifically approved with respect to the Shares of each Portfolio at least annually (a)(i) by the Board of Trustees or Board of Directors of the Fund or (ii) by the vote of a majority of the outstanding Shares of such Portfolio, and (b) by vote of a majority of the trustees or directors of the Fund who are not parties to this Agreement or "interested persons" (as defined in Section 2(a)(19) of the 1940 Act0000 Xxx) of any party to this Agreement cast in person at a meetixx xxxxxd meeting called for such purpose.

Appears in 1 contract

Samples: Master Distribution Agreement (Aim Sector Funds)

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