Common use of Implementation and Duration of Agreement Clause in Contracts

Implementation and Duration of Agreement. This Agreement is effective upon a "vote of a majority of the outstanding voting securities" (as defined in the 1940 Xxx) xxd approval by the Company's Board of Directors, and of the Directors who are not "interested persons" of the Company (as defined in the 1940 Xxx) xxd have no direct or indirect financial interest in the operation of the Fund's Distribution Plan (the "Plan"), this Agreement, or any other agreement related to such Plan, including the Fund's Amended Distribution Agreement, cast in person at a meeting called for the purpose of voting on this Agreement. Subject to Section 17, this Agreement shall continue in effect for a period of more than one year from the date hereof so long as such continuance is specifically approved at least annually by a vote of Company's Board of Directors, in the manner described above.

Implementation and Duration of Agreement. This Agreement is effective upon a "vote of a majority of the outstanding voting securities" (as defined in the 1940 Xxx) xxd approval by the Company's Board of Directors, and of the Directors who are not "interested persons" of the Company (as defined in the 1940 Xxx) xxd and have no direct or indirect financial interest in the operation of the Fund's Distribution Plan (the "Plan"), this Agreement, or any other agreement related to such Plan, including the Fund's Amended Distribution Agreement, cast in person at a meeting called for the purpose of voting on this Agreement. Subject to Section 17, this Agreement shall continue in effect for a period of more than one year from the date hereof so long as such continuance is specifically approved at least annually by a vote of Company's Board of Directors, in the manner described above.

Implementation and Duration of Agreement. This Agreement is effective upon a "vote of a majority of the outstanding voting securities" (as defined in the 1940 XxxAct) xxd and approval by the Company's Board of Directors, and of the Directors who are not "interested persons" of the Company (as defined in the 1940 XxxAct) xxd and have no direct or indirect financial interest in the operation of the Fund's Distribution Plan (the "Plan"), this Agreement, or any other agreement related to such Plan, including the Fund's Amended Distribution Agreement, cast in person at a meeting called for the purpose of voting on this Agreement. Subject to Section 17, this Agreement shall continue in effect for a period of more than one year from the date hereof so long as such continuance is specifically approved at least annually by a vote of Company's Board of Directors, in the manner described above.