Successors and Assignments. This Agreement shall extend to and be binding upon the parties hereto and their respective successors and assigns; provided that this Agreement will terminate automatically in the event of its assignment by FTDI. For purposes of the preceding sentence, the word "assignment" shall have the meaning given to it in the 1940 Act. Bank may not assign this Agreement without the advance written consent of FTDI.
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Samples: Selling Agreement (Templeton Capital Accumulator Fund), Graphic Omitted (Templeton Institutional Funds Inc), Dealer Agreement (Franklin California Tax Free Trust)
Successors and Assignments. This Agreement shall extend to and be binding upon the parties hereto and their respective successors and assigns; provided that this Agreement will terminate automatically in the event of its assignment by FTDI. For purposes of the preceding sentence, the word "βassignment" β shall have the meaning given to it in the 1940 Act. Bank may not assign this Agreement without the advance written consent of FTDI.
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