Common use of Tenure of Trustees Clause in Contracts

Tenure of Trustees. Notwithstanding any other provision herein to the contrary, through June 30, 1996, the term of office of each Trustee shall end at the time such Trustee reaches the age of seventy-six and one-half years (76 1/2) or seventy-four and one-half years (74 1/2) for each person who had not been elected before January 1, 1986 as a trustee or director of any open end investment company managed by Van Kampen American Capitxx Xxxxx Xanagement, Inc. (formerly American Capital Asset Management, Inc. and, prior thereto, American General Capital Management, Inc.) and on and after July 1, 1996, the term of office of each Trustee shall end at the time such Trustee reaches the age of seventy-six and one-half years (76 1/2) or seventy-two and one-half years (72 1/2) for each person who had not been elected before January 1, 1986 as a trustee or director of any open end investment company managed by Van Kampen American Capitxx Xxxxx Xanagement, Inc.; provided that the term of office of each Trustee shall end on December 31st of the year in which such Trustee reaches the age of seventy- five years (75) for each person first elected on or after July 1, 1995 and prior to December 1, 1995 as a Trustee who was over the age of seventy-two and one half (72 1/2) and under the age of seventy-five (75) at the time of such election; and further provided that the term of office of each Trustee first elected on or after July 1, 1995 and prior to December 1, 1995 who is seventy-five years (75) of age at the time of such election shall expire as of the date such Trustees reaches the age of seventy-six years (76).

Tenure of Trustees. Notwithstanding any other provision herein to the contrary, through June 30, 1996, the term of office of each Trustee shall end at the time such Trustee reaches the age of seventy-six and one-half years (76 1/2) or seventy-four and one-half years (74 1/2) for each person who had not been elected before January 1, 1986 as a trustee or director of any open end investment company managed by Van Kampen American Capitxx Xxxxx XanagementCapital Asset Management, Inc. (formerly American Capital Americax Xxxxxxx Asset Management, Inc. and, prior thereto, American General Capital Management, Inc.) and on and after July 1, 1996, the term of office of each Trustee shall end at the time such Trustee reaches the age of seventy-six and one-half years (76 1/2) or seventy-two and one-half years (72 1/2) for each person who had not been elected before January 1, 1986 as a trustee or director of any open end investment company managed by Van Kampen American Capitxx Xxxxx XanagementCapital Asset Management, Inc.; provided that the term of thx xxxx xx office of each Trustee shall end on December 31st of the year in which such Trustee reaches the age of seventy- seventy-five years (75) for each person first elected on or after July 1, 1995 and prior to December 1, 1995 as a Trustee who was over the age of seventy-two and one half (72 1/2) and under the age of seventy-five (75) at the time of such election; and further provided that the term of office of each Trustee first elected on or after July 1, 1995 and prior to December 1, 1995 who is seventy-five years (75) of age at the time of such election shall expire as of the date such Trustees reaches the age of seventy-six years (76).

Tenure of Trustees. Notwithstanding any other provision herein to the contrary, through June 30, 1996, the term of office of each Trustee shall end at the time such Trustee reaches the age of seventy-six and one-half years (76 1/2) or seventy-four and one-half years (74 1/2) for each person who had not been elected before January 1, 1986 as a trustee or director of any open end investment company managed by Van Kampen Xxx Xxxxxx American Capitxx Xxxxx XanagementCapital Asset Management, Inc. (formerly American Capital Asset Management, Inc. and, prior thereto, American General Capital Management, Inc.) and on and after July 1, 1996, the term of office of each Trustee shall end at the time such Trustee reaches the age of seventy-six and one-half years (76 1/2) or seventy-two and one-half years (72 1/2) for each person who had not been elected before January 1, 1986 as a trustee or director of any open end investment company managed by Van Kampen Xxx Xxxxxx American Capitxx Xxxxx XanagementCapital Asset Management, Inc.; provided that the term of office of each Trustee shall end on December 31st of the year in which such Trustee reaches the age of seventy- five years (75) for each person first elected on or after July 1, 1995 and prior to December 1, 1995 as a Trustee who was over the age of seventy-two and one half (72 1/2) and under the age of seventy-five (75) at the time of such election; and further provided that the term of office of each Trustee first elected on or after July 1, 1995 and prior to December 1, 1995 who is seventy-five years (75) of age at the time of such election shall expire as of the date such Trustees reaches the age of seventy-six years (76).

Tenure of Trustees. Notwithstanding any other provision herein to the contrary, through June 30, 1996, the term of office of each Trustee shall end at the time such Trustee reaches the age of seventy-six and one-half years (76 1/2) or seventy-four and one-half years (74 1/2) for each person who had not been elected before January 1, 1986 as a trustee or director of any open end investment company managed by Van Kampen Xxx Xxxxxx American Capitxx Xxxxx XanagementCapital Asset Management, Inc. (formerly American Capital Asset Management, Inc. and, prior thereto, American General Capital Management, Inc.) and on and after July 1, 1996, the term of office of each Trustee shall end at the time such Trustee reaches the age of seventy-six and one-half years (76 1/2) or seventy-two and one-half years (72 1/2) for each person who had not been elected before January 1, 1986 as a trustee or director of any open end investment company managed by Van Kampen Xxx Xxxxxx American Capitxx Xxxxx XanagementCapital Asset Management, Inc.; provided that the term of office of each Trustee shall end on December 31st of the year in which such Trustee reaches the age of seventy- seventy-five years (75) for each person first elected on or after July 1, 1995 and prior to December 1, 1995 as a Trustee who was over the age of seventy-two and one half (72 1/2) and under the age of seventy-five (75) at the time of such election; and further provided that the term of office of each Trustee first elected on or after July 1, 1995 and prior to December 1, 1995 who is seventy-five years (75) of age at the time of such election shall expire as of the date such Trustees reaches the age of seventy-six years (76).