Common use of Renewal Terms Clause in Contracts

Renewal Terms. Immediately following the Initial Term this Agreement shall renew for successive 1-year periods (a “Renewal Term”) subject to annual approval of such continuance by the Board of the Trust, including the approval of a majority of the Trustees of the Trust who are not interested persons of the Trust or of Distributor by vote cast in person at a meeting called for the purpose of voting on such approval.

Appears in 19 contracts

Samples: Distribution Agreement (Valued Advisers Trust), Distribution Agreement (Commonwealth International Series Trust), Distribution Agreement (Conestoga Funds)

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Renewal Terms. Immediately following the Initial Term Term, this Agreement shall renew for successive one (1-) year periods (a “Renewal Term”) subject to annual approval of such continuance by the Board of the TrustBoard, including the approval of a majority of the Trustees trustees of the Trust Fund who are not interested persons persons, as that term is defined in the 1940 Act (the “Independent Trustees”), of the Trust Fund or of Distributor by vote cast in person accordance with the 1940 Act or any exemptive relief therefrom at a meeting called for the purpose of voting on such approval.

Appears in 17 contracts

Samples: Distribution Agreement (83 Investment Group Income Fund), Distribution Agreement (MidBridge Private Markets Fund), Distribution Agreement (Booster Income Opportunities Fund)

Renewal Terms. Immediately following the Initial Term Term, this Agreement shall renew for successive one (1-) year periods (a “Renewal Term”) subject to annual approval of such continuance by the Board of the Trust, including the approval of a majority of the Trustees of the Trust who are not interested persons of the Trust or of Distributor by vote cast in person at a meeting called for the purpose of voting on such approval.

Appears in 11 contracts

Samples: Distribution Agreement (North Square Investments Trust), Distribution Agreement (XD Fund Trust), Distribution Agreement (Texas Capital Funds Trust)

Renewal Terms. Immediately following the Initial Term this Agreement shall renew for successive 1-year periods (a “Renewal Term”) subject to annual approval of such continuance by the Board of the TrustBoard, including the approval of a majority of the Trustees of the Trust who are not interested persons of the Trust or of Distributor by vote cast in person at a meeting called for the purpose of voting on such approval.

Appears in 10 contracts

Samples: Distribution Agreement (Capitol Series Trust), Distribution Agreement (Capitol Series Trust), Distribution Agreement (Capitol Series Trust)

Renewal Terms. Immediately following the Initial Term this Agreement shall renew for successive one (1-) year periods (a “Renewal Term”) subject to annual approval of such continuance by the Board of the Trust, including the approval of a majority of the Trustees of the Trust who are not interested persons of the Trust or of Distributor by vote cast in person at a meeting called for the purpose of voting on such approval.

Appears in 6 contracts

Samples: Distribution Agreement (James Alpha Funds Trust), Distribution Agreement (Volumetric Fund Inc), Distribution Agreement (James Alpha Funds Trust)

Renewal Terms. Immediately following the Initial Term this Agreement shall renew for successive 1-year periods (a “Renewal Term”) subject to annual approval of such continuance by the Board of the TrustBoard, including the approval of a majority of the Trustees of the Trust Board members who are not interested persons of the Trust a Fund Company or of Distributor by vote cast in person at a meeting called for the purpose of voting on such approval.

Appears in 3 contracts

Samples: Distribution Agreement (Wilshire Variable Insurance Trust), Distribution Agreement (Wilshire Mutual Funds Inc), Distribution Agreement (Wilshire Variable Insurance Trust)

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Renewal Terms. Immediately following the Initial Term this Agreement shall renew for successive 1-year periods (a “Renewal Term”) subject to annual approval of such continuance by the Board of the TrustFund, including the approval of a majority of the Trustees Directors of the Trust Fund who are not interested persons of the Trust Fund or of Distributor by vote cast in person at a meeting called for the purpose of voting on such approval.

Appears in 2 contracts

Samples: Distribution Agreement (Caldwell & Orkin Funds Inc), Distribution Agreement (Caldwell & Orkin Funds Inc)

Renewal Terms. Immediately following the Initial Term Term, this Agreement shall renew for successive 1-year periods annually (a “Renewal Term”) subject to annual approval of such continuance by the Board of the Trust, including the approval of a majority of the Trustees of the Trust who are not interested persons of the Trust or of Distributor (the “Independent Trustees”) by a vote cast in person at a meeting called for the purpose of voting on such approval.

Appears in 2 contracts

Samples: Distribution Agreement (New Age Alpha Variable Funds Trust), Distribution Agreement (New Age Alpha Funds Trust)

Renewal Terms. Immediately following the Initial Term this Agreement shall renew for successive 1-year periods (a "Renewal Term") subject to annual approval of such continuance by the Board of the Trust, including the approval of a majority of the Trustees of the Trust who are not interested persons of the Trust or of Distributor by vote cast in person at a meeting called for the purpose of voting on such approval.

Appears in 1 contract

Samples: Distribution Agreement (Staar Investment Trust)

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