Common use of Role of ADVISER Clause in Contracts

Role of ADVISER. The ADVISER, and any person controlled by or under common control with the ADVISER, shall be free to render similar services to others and engage in other activities, so long as the services rendered to the TRUST are not impaired. Except as otherwise required by the Investment Company Act of 1940 (the "1940 Act"), any of the shareholders, trustees, officers and employees of the TRUST may be a shareholder, trustee, director, officer or employee of, or be otherwise interested in, the ADVISER, and in any person controlled by or under common control with the ADVISER, and the ADVISER, and any person controlled by or under common control with the ADVISER, may have an interest in the TRUST.

Appears in 4 contracts

Samples: Investment Advisory Agreement (Van Kampen American Capital Life Investment Trust/), Investment Advisory Agreement (Van Kampen American Capital Life Investment Trust/), Investment Advisory Agreement (Van Kampen American Capital Life Investment Trust/)

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Role of ADVISER. The ADVISER, and any person controlled by or under common control with the ADVISER, shall be free to render similar services to others and engage in other activities, so long as the services rendered to the TRUST FUND are not impaired. Except as otherwise required by the Investment Company Act of 1940 (the "1940 Act"), any of the shareholders, trustees, officers and employees of the TRUST FUND may be a shareholder, trustee, director, officer or employee of, or be otherwise interested in, the ADVISER, and in any person controlled by or under common control with the ADVISER, and the ADVISER, and any person controlled by or under common control with the ADVISER, may have an interest in the TRUSTFUND.

Appears in 2 contracts

Samples: Investment Advisory Agreement (Van Kampen American Capital Comstock Fund/), Investment Advisory Agreement (Van Kampen American Capital Equity Income Fund/)

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