Common use of Naming Rights Clause in Contracts

Naming Rights. The Trust and each Fund may use the name “Grail Advisors ETF Trust” and “Grail” for only so long as this Agreement or any extension, renewal or amendment hereof remains in effect, including any similar agreement with any organization which shall have succeeded to the business of the Manager. At such time as such an agreement shall no longer be in effect, the Trust and each Fund will (to the extent that it lawfully can) cease to use any name derived from Grail Advisors, LLC or any successor organization.

Appears in 3 contracts

Samples: Investment Management Agreement (Grail Advisors ETF Trust), Investment Management Agreement (Grail Advisors ETF Trust), Investment Management Agreement (Grail Advisors ETF Trust)

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Naming Rights. The Trust and each Fund may use the name "Grail Advisors ETF Trust" and "Grail" for only so long as this Agreement or any extension, renewal or amendment hereof remains in effect, including any similar agreement with any organization which shall have succeeded to the business of the Manager. At such time as such an agreement shall no longer be in effect, the Trust and each Fund will (to the extent that it lawfully can) cease to use any name derived from Grail Advisors, LLC or any successor organization.

Appears in 1 contract

Samples: Investment Management Agreement (Grail Advisors ETF Trust)

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