No Assignment; Amendments. This Agreement shall terminate automatically in the event of its assignment or in the event that the Management Agreement shall have terminated for any reason. Any termination of this Agreement pursuant to Section 10 shall be without the payment of any penalty. This Agreement shall not be amended unless such amendment is approved by the vote of a majority of the outstanding voting securities of the Fund (provided that such shareholder approval is required by the 1940 Act and the rules and regulations thereunder, giving effect to any interpretations of the Securities and Exchange Commission and its staff) and by the vote, cast in person at a meeting called for the purpose of voting on such approval, of a majority of the Directors who are not interested persons of the Corporation, the Manager or Western.
Appears in 32 contracts
Samples: Advisory Agreement (Western Asset Funds Inc), Advisory Agreement (Western Asset Funds Inc), Advisory Agreement (Western Asset Funds Inc)
No Assignment; Amendments. This Agreement shall terminate automatically in the event of its assignment or in the event that the Management Agreement shall have terminated for any reason. Any termination of this Agreement pursuant to Section 10 shall be without the payment of any penalty. This Agreement shall not be amended unless such amendment is approved by the vote of a majority of the outstanding voting securities of the Fund (provided that such shareholder approval is required by the 1940 Act and the rules and regulations thereunder, giving effect to any interpretations of the Securities and Exchange Commission and its staff) and by the vote, cast in person at a meeting called for the purpose of voting on such approval, of a majority of the Directors who are not interested persons of the Corporation, the Manager or WesternWAML.
Appears in 21 contracts
Samples: Advisory Agreement (Western Asset Funds Inc), Advisory Agreement (Western Asset Funds Inc), Advisory Agreement (Western Asset Funds Inc)
No Assignment; Amendments. This Agreement shall terminate automatically in the event of its assignment or in the event that the Management Agreement shall have terminated for any reason. Any termination of this Agreement pursuant to Section 10 shall be without the payment of any penalty. This Agreement shall not be amended unless such amendment is approved by the vote of a majority of the outstanding voting securities of the Fund (provided that such shareholder approval is required by the 1940 Act and the rules and regulations thereunder, giving effect to any interpretations of the Securities and Exchange Commission and its staff) and by the vote, cast in person at a meeting called for the purpose of voting on such approval, of a majority of the Directors who are not interested persons of the Corporation, the Manager or WesternWAML Japan.
Appears in 14 contracts
Samples: Advisory Agreement (Western Asset Funds Inc), Advisory Agreement (Western Asset Funds Inc), Advisory Agreement (Western Asset Funds Inc)
No Assignment; Amendments. This Agreement shall terminate automatically in the event of its assignment or in the event that the Management Agreement shall have terminated for any reason. Any termination of this Agreement pursuant to Section 10 shall be without the payment of any penalty. This Agreement shall not be amended unless such amendment is approved by the vote of a majority of the outstanding voting securities of the Fund (provided that such shareholder approval is required by the 1940 Act and the rules and regulations thereunder, giving effect to any interpretations of the Securities and Exchange Commission and its staff) and by the vote, cast in person at a meeting called for the purpose of voting on such approval, of a majority of the Directors who are not interested persons of the Corporation, the Manager or WesternWAML Singapore.
Appears in 14 contracts
Samples: Advisory Agreement (Western Asset Funds Inc), Advisory Agreement (Western Asset Funds Inc), Advisory Agreement (Western Asset Funds Inc)
No Assignment; Amendments. This Agreement shall terminate automatically in the event of its assignment or in the event that the Management Advisory Agreement shall have terminated for any reason. Any termination of this Agreement pursuant to Section 10 shall be without the payment of any penalty. This Agreement shall not be amended unless such amendment is approved by the vote of a majority of the outstanding voting securities of the Fund Trust (provided that such shareholder approval is required by the 1940 Act and the rules and regulations thereunder, giving effect to any interpretations of the Securities and Exchange Commission and its staff) and by the vote, cast in person at a meeting called for the purpose of voting on such approval, of a majority of the Directors Trustees who are not interested persons of the CorporationTrust, the Manager Advisor or WesternSubadviser.
Appears in 9 contracts
Samples: Investment Management Agreement (Western Asset Inflation-Linked Opportunities & Income Fund), Investment Management Agreement (Western Asset Inflation-Linked Opportunities & Income Fund), Investment Management Agreement (Western Asset Inflation-Linked Opportunities & Income Fund)
No Assignment; Amendments. This Agreement shall terminate ------------------------- automatically in the event of its assignment or in the event that the Management Agreement shall have terminated for any reason. Any termination of this Agreement pursuant to Section 10 shall be without the payment of any penalty. This Agreement shall not be amended unless such amendment is approved by the vote of a majority of the outstanding voting securities of the Fund (provided that such shareholder approval is required by the 1940 Act and the rules and regulations thereunder, giving effect to any interpretations of the Securities and Exchange Commission and its staff) and by the vote, cast in person at a meeting called for the purpose of voting on such approval, of a majority of the Directors who are not interested persons of the Corporation, the Manager or Western.
Appears in 9 contracts
Samples: Advisory Agreement (Lm Institutional Fund Advisors I Inc), Advisory Agreement (Lm Institutional Fund Advisors I Inc), Advisory Agreement (Lm Institutional Fund Advisors I Inc)
No Assignment; Amendments. This Agreement shall terminate automatically in the event of its assignment or in the event that the Management Agreement shall have terminated for any reason. Any termination of this Agreement pursuant to Section 10 shall be without the payment of any penalty. This Agreement shall not be amended unless such amendment is approved by the vote of a majority of the outstanding voting securities of the Fund (provided that such shareholder approval is required by the 1940 Act and the rules and regulations thereunder, giving effect to any interpretations of the Securities and Exchange Commission and its staff) and by the vote, cast in person at a meeting called for the purpose of voting on such approval, of a majority of the Directors who are not interested persons of the Corporation, the Manager or WesternLMFA.
Appears in 5 contracts
Samples: Investment Advisory Agreement (Lm Institutional Fund Advisors Ii Inc), Investment Advisory Agreement (Lm Institutional Fund Advisors Ii Inc), Investment Advisory Agreement (Lm Institutional Fund Advisors Ii Inc)
No Assignment; Amendments. This Agreement shall terminate automatically in the event of its assignment or in the event that the Management Agreement shall have terminated for any reason. Any termination of this Agreement pursuant to Section 10 shall be without the payment of any penalty. This Agreement shall not be amended unless such amendment is approved by the vote of a majority of the outstanding voting securities of the Fund (provided that such shareholder approval is required by the 1940 Act and the rules and regulations thereunder, giving effect to any interpretations of the Securities and Exchange Commission and its staff) and by the vote, cast in person at a meeting called for the purpose of voting on such approval, of a majority of the Directors who are not interested persons of the Corporation, the Manager or WesternBatterymarch.
Appears in 5 contracts
Samples: Investment Advisory Agreement (Lm Institutional Fund Advisors Ii Inc), Investment Advisory Agreement (Lm Institutional Fund Advisors Ii Inc), Investment Advisory Agreement (Lm Institutional Fund Advisors Ii Inc)
No Assignment; Amendments. This Agreement shall terminate ------------------------- automatically in the event of its assignment or in the event that the Management Agreement shall have terminated for any reason. Any termination of this Agreement pursuant to Section 10 shall be without the payment of any penalty. This Agreement shall not be amended unless such amendment is approved by the vote of a majority of the outstanding voting securities of the Fund (provided that such shareholder approval is required by the 1940 Act and the rules and regulations thereunder, giving effect to any interpretations of the Securities and Exchange Commission and its staff) and by the vote, cast in person at a meeting called for the purpose of voting on such approval, of a majority of the Directors who are not interested persons of the Corporation, the Manager or WesternWAGM.
Appears in 4 contracts
Samples: Advisory Agreement (Lm Institutional Fund Advisors I Inc), Advisory Agreement (Lm Institutional Fund Advisors I Inc), Advisory Agreement (Lm Institutional Fund Advisors I Inc)
No Assignment; Amendments. This Agreement shall terminate automatically in the event of its assignment or in the event that the Management Agreement shall have terminated for any reason. Any termination of this Agreement pursuant to Section 10 shall be without the payment of any penalty. This Agreement shall not be amended unless such amendment is approved by the vote of a majority of the outstanding voting securities of the Fund (provided that such shareholder approval is required by the 1940 Act and the rules and regulations thereunder, giving effect to any interpretations of the Securities and Exchange Commission and its staff) and by the vote, cast in person at a meeting called for the purpose of voting on such approval, of a majority of the Directors who are not interested persons of the Corporation, the Manager or WesternWAGM.
Appears in 4 contracts
Samples: Advisory Agreement (Western Asset Trust Inc), Advisory Agreement (Western Asset Trust Inc), Advisory Agreement (Western Asset Trust Inc)
No Assignment; Amendments. This Agreement shall terminate ------------------------- automatically in the event of its assignment or in the event that the Management Agreement shall have terminated for any reason. Any termination of this Agreement pursuant to Section 10 shall be without the payment of any penalty. This Agreement shall not be amended unless such amendment is approved by the vote of a majority of the outstanding voting securities of the Fund (provided that such shareholder approval is required by the 1940 Act and the rules and regulations thereunder, giving effect to any interpretations of the Securities and Exchange Commission and its staff) and by the vote, cast in person at a meeting called for the purpose of voting on such approval, of a majority of the Directors who are not interested persons of the Corporation, the Manager or WesternLMFA.
Appears in 3 contracts
Samples: Investment Advisory Agreement (Lm Institutional Fund Advisors Ii Inc), Investment Advisory Agreement (Lm Institutional Fund Advisors Ii Inc), Investment Advisory Agreement (Lm Institutional Fund Advisors Ii Inc)
No Assignment; Amendments. This Agreement shall terminate automatically in the event of its assignment or in the event that the Management Agreement shall have terminated for any reason. Any termination of this Agreement pursuant to Section 10 shall be without the payment of any penalty. This Agreement shall not be amended unless such amendment is approved by the vote of a majority of the outstanding voting securities of the Fund (provided that such shareholder approval is required by the 1940 Act and the rules and regulations thereunder, giving effect to any interpretations of the Securities and Exchange Commission and its staff) and by the vote, cast in person at a meeting called for the purpose of voting on such approval, of a majority of the Directors Trustees who are not interested persons of the CorporationTrust, the Manager or WesternAdviser.
Appears in 3 contracts
Samples: Investment Advisory Agreement (Legg Mason Global Asset Management Trust), Investment Advisory Agreement (Legg Mason Global Asset Management Trust), Investment Advisory Agreement (Legg Mason Global Asset Management Trust)
No Assignment; Amendments. This Agreement shall terminate automatically in the event of its assignment or in the event that the Management Advisory Agreement shall have terminated for any reason. Any termination of this Agreement pursuant to Section 10 shall be without the payment of any penalty. This Agreement shall not be amended unless such amendment is approved by the vote of a majority of the outstanding voting securities of the Fund Trust (provided that such shareholder approval is required by the 1940 Act and the rules and regulations thereunder, giving effect to any interpretations of the Securities and Exchange Commission and its staff) and by the vote, cast in person at a meeting called for the purpose of voting on such approval, of a majority of the Directors Trustees who are not interested persons of the CorporationTrust, the Manager Advisor or WesternWAM.
Appears in 2 contracts
Samples: Investment Management Agreement (Western Asset/Claymore Inflation-Linked Opportunities & Income Fund), Investment Management Agreement (Western Asset Claymore Us Treasury Inflation Pro Sec Fund 2)
No Assignment; Amendments. This Agreement shall terminate automatically in the event of its assignment or in the event that the Western Management Agreement shall have terminated for any reason. Any termination of this Agreement pursuant to Section 10 shall be without the payment of any penalty. This Agreement shall not be amended unless such amendment is approved by the vote of a majority of the outstanding voting securities of the Fund Trust (provided that such shareholder approval is required by the 1940 Act and the rules and regulations thereunder, giving effect to any interpretations of the Securities and Exchange Commission and its staff) and by the vote, cast in person at a meeting called for the purpose of voting on such approval, of a majority of the Directors Trustees who are not interested persons of the CorporationTrust, the Manager Advisor or WesternSubadviser.
Appears in 2 contracts
Samples: Investment Management Agreement (Western Asset/Claymore Inflation-Linked Opportunities & Income Fund), Investment Management Agreement (Western Asset/Claymore Inflation-Linked Opportunities & Income Fund)
No Assignment; Amendments. This Agreement shall terminate ------------------------- automatically in the event of its assignment or in the event that the Management Agreement shall have terminated for any reason. Any termination of this Agreement pursuant to Section 10 shall be without the payment of any penalty. This Agreement shall not be amended unless such amendment is approved by the vote of a majority of the outstanding voting securities of the Fund (provided that such shareholder approval is required by the 1940 Act and the rules and regulations thereunder, giving effect to any interpretations of the Securities and Exchange Commission and its staff) and by the vote, cast in person at a meeting called for the purpose of voting on such approval, of a majority of the Directors who are not interested persons of the Corporation, the Manager or WesternBatterymarch.
Appears in 2 contracts
Samples: Investment Advisory Agreement (Lm Institutional Fund Advisors Ii Inc), Investment Advisory Agreement (Lm Institutional Fund Advisors Ii Inc)
No Assignment; Amendments. This Agreement shall terminate ------------------------- automatically in the event of its assignment or in the event that the Management Agreement shall have terminated for any reason. Any termination of this Agreement pursuant to Section 10 shall be without the payment of any penalty. This Agreement shall not be amended unless such amendment is approved by the vote of a majority of the outstanding voting securities of the Fund (provided that such shareholder approval is required by the 1940 Act and the rules and regulations thereunder, giving effect to any interpretations of the Securities and Exchange Commission and its staff) and by the vote, cast in person at a meeting called for the purpose of voting on such approval, of a majority of the Directors who are not interested persons of the Corporation, the Manager or WesternWestern Asset.
Appears in 1 contract
Samples: Investment Advisory Agreement (Lm Institutional Fund Advisors I Inc)
No Assignment; Amendments. This Agreement shall terminate automatically in the event of its assignment or in the event that the Management Agreement shall have terminated for any reason. Any termination of this Agreement pursuant to Section 10 shall be without the payment of any penalty. This Agreement shall not be amended unless such amendment is approved by the vote of a majority of the outstanding voting securities of the Fund (provided that such shareholder approval is required by the 1940 Act and the rules and regulations thereunder, giving effect to any interpretations of the Securities and Exchange Commission and its staff) and by the vote, cast in person at a meeting called for the purpose of voting on such approval, of a majority of the Directors who are not interested persons of the Corporation, the Manager or WesternWestern Asset.
Appears in 1 contract
Samples: Investment Advisory Agreement (Lm Institutional Fund Advisors Ii Inc)
No Assignment; Amendments. This Agreement shall terminate automatically in the event of its assignment or in the event that the Management Agreement shall have terminated for any reason. Any termination of this Agreement pursuant to Section 10 shall be without the payment of any penalty. This Agreement shall not be amended unless such amendment is approved by the vote of a majority of the outstanding voting securities of the Fund (provided that such shareholder approval is required by the 1940 Act and the rules and regulations thereunder, giving effect to any interpretations of the Securities and Exchange Commission and its staff) and by the vote, cast in person at a meeting called for the purpose of voting on such approval, of a majority of the Directors who are not interested persons of the Corporation, the Manager or WesternBrandywine.
Appears in 1 contract
Samples: Investment Advisory Agreement (Lm Institutional Fund Advisors Ii Inc)
No Assignment; Amendments. This Agreement shall terminate automatically in the event of its assignment or in the event that the Management Agreement shall have terminated for any reason. Any termination of this Agreement pursuant to Section 10 shall be without the payment of any penalty. This Agreement shall not be amended unless such amendment is approved by the vote of a majority of the outstanding voting securities of the Fund Trust (provided that such shareholder approval is required by the 1940 Act and the rules and regulations thereunder, giving effect to any interpretations of the Securities and Exchange Commission and its staff) and by the vote, cast in person at a meeting called for the purpose of voting on such approval, of a majority of the Directors Trustees who are not interested persons of the CorporationTrust, the Manager or WesternWAML.
Appears in 1 contract
Samples: Portfolio Management Agreement (Western Asset Premier Bond Fund)
No Assignment; Amendments. This Agreement shall terminate automatically in the event of its assignment or in the event that the Management Agreement shall have terminated for any reason. Any termination of this Agreement pursuant to Section 10 shall be without the payment of any penalty. This Agreement shall not be amended unless such amendment is approved by the vote of a majority of the outstanding voting securities of the Fund Trust (provided that such shareholder approval is required by the 1940 Act and the rules and regulations thereunder, giving effect to any interpretations of the Securities and Exchange Commission and its staff) and by the vote, cast in person at a meeting called for the purpose of voting on such approval, of a majority of the Directors Trustees who are not interested persons of the CorporationTrust, the Manager or WesternWAML Japan.
Appears in 1 contract
Samples: Portfolio Management Agreement (Western Asset Premier Bond Fund)