Common use of SEVENTEENTH Clause in Contracts

SEVENTEENTH. This Agreement may be terminated at any time, without the payment of any penalty, by vote of the Board of Trustees of the Trust or by vote of a majority of the outstanding voting securities of the Trust, or by the Distributor, on sixty (60) days written notice to the other party.

Appears in 3 contracts

Samples: Distribution Agreement (Tocqueville Trust), Distribution Agreement (Tocqueville Trust), Distribution Agreement (Tocqueville Trust)

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SEVENTEENTH. This Agreement may be terminated at any time, without the payment of any penalty, by vote of the Board of Trustees Directors of the Trust Fund or by vote of a majority of the outstanding voting securities of the TrustFund, or by the Distributor, on sixty (60) days written notice to of the other party.

Appears in 2 contracts

Samples: Distribution Agreement (Lexington Strategic Investments Fund Inc), Distribution Agreement (Lexington Strategic Silver Fund Inc)

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SEVENTEENTH. This Agreement may be terminated at any time, without the payment of any penalty, by vote of the Board of Trustees of the Trust Fund or by vote of a majority of the outstanding voting securities of the TrustFund, or by the Distributor, on sixty (60) days written notice to the other party.

Appears in 1 contract

Samples: Distribution Agreement (Tocqueville Trust)

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