Services to Others. The Service Company may render services to any person other than the Funds so long as: A. The services to be rendered to the Funds hereunder are not impaired thereby. B. The terms and provisions upon which the services are to be rendered have been approved by the holders of a majority of the Shares. C. The services rendered for compensation and, to the extent achievable, for the purpose of gaining a profit thereon. D. Any income earned and fees received by Service Company shall be used to reduce the total costs and expenses of Service Company.
Appears in 43 contracts
Samples: Funds' Service Agreement (Vanguard Wellington Fund), Funds’ Service Agreement (Vanguard Montgomery Funds), Funds’ Service Agreement (Vanguard Explorer Fund)
Services to Others. The Service Company may render services to any person other than the Funds so long as:
A. The services to be rendered to the Funds hereunder are not impaired thereby.
B. The terms and provisions upon which the services are to be rendered have been approved by the holders of a majority of the Shares.
C. The services rendered for compensation and, to the extent achievable, for the purpose of gaining a profit thereon.
D. Any income earned and fees received by Service Company shall be used to reduce the total costs and expenses of Service Company.
Appears in 16 contracts
Samples: Funds’ Service Agreement (Vanguard Massachusetts Tax-Exempt Funds), Funds’ Service Agreement (Vanguard New York Tax-Free Funds), Funds’ Service Agreement (Vanguard Windsor Funds)
Services to Others. The Service Company may render services to any person other than the Funds so long as:
: A. The services to be rendered to the Funds hereunder are not impaired thereby.
. B. The terms and provisions upon which the services are to be rendered have been approved by the holders of a majority of the Shares.
C. The services rendered for compensation and, to the extent achievable, for the purpose of gaining a profit thereon.
D. Any income earned and fees received by Service Company shall be used to reduce the total costs and expenses of Service Company.
Appears in 13 contracts
Samples: Funds' Service Agreement (Vanguard Massachusetts Tax Exempt Funds), Funds' Service Agreement (Vanguard Quantitative Funds /), Funds' Service Agreement (Vanguard Municipal Bond Funds)
Services to Others. The Service Company may render services to any person other than the Funds so long as:
A. The services to be rendered to the Funds hereunder are not impaired thereby.
B. The terms and provisions upon which the services are to be rendered have been approved by the holders of a majority of the Shares.
C. The services rendered for compensation and, to the extent achievable, for the purpose of gaining a profit thereon.
D. Any income earned and fees received by Service Company shall be used to reduce the total costs and expenses of Service Company.have
Appears in 7 contracts
Samples: Funds’ Service Agreement (Vanguard Specialized Funds), Funds’ Service Agreement (Vanguard Fixed Income Securities Funds), Funds’ Service Agreement (Vanguard World Fund)
Services to Others. The Service Company may render services to any person other than the Funds so long as:
A. : A The services to be rendered to the Funds hereunder are not impaired thereby.
B. . B The terms and provisions upon which the services are to be rendered have been approved by the holders of a majority of the Shares.
C. . C The services rendered for compensation and, to the extent achievable, for the purpose of gaining a profit thereon.
D. . D Any income earned and fees received by Service Company shall be used to reduce the total costs and expenses of Service Company.
Appears in 6 contracts
Samples: Funds’ Service Agreement (Vanguard Fenway Funds), Funds’ Service Agreement (Vanguard World Fund), Funds’ Service Agreement (Vanguard Fixed Income Securities Funds)
Services to Others. The Service Company may render services to any person other than the Funds so long as:
A. The services to be rendered to the Funds hereunder are not impaired thereby.
. B. The terms and provisions upon which the services are to be rendered have been approved by the holders of a majority of the Shares.
C. The services rendered for compensation and, to the extent achievable, for the purpose of gaining a profit thereon.
D. Any income earned and fees received by Service Company shall be used to reduce the total costs and expenses of Service Company.
Appears in 1 contract
Samples: Funds' Service Agreement (Vanguard Variable Insurance Fund)