Common use of Term and Approval Clause in Contracts

Term and Approval. This Agreement shall become effective on June 1, 1997 and by shall continue in force and effect from year to year, provided that such continuance is specifically approved at least annually by: (a) the Directors or the vote of a majority of the Fund's outstanding voting securities (as defined in Section 2(a)(42) of the ICA); and (b) the affirmative vote of a majority of the Directors who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Company directors), by votes cast in person at a meeting specifically called for such purpose.

Appears in 10 contracts

Samples: Investment Management Agreement (American Skandia Advisor Funds Inc), Investment Management Agreement (American Skandia Advisor Funds Inc), Investment Management Agreement (American Skandia Advisor Funds Inc)

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Term and Approval. This Agreement shall become effective on June 1October 23, 1997 2000 and by shall continue in force and effect from year to year, provided that such continuance is specifically approved at least annually by: (a) the Directors Trustees or the vote of a majority of the FundPortfolio's outstanding voting securities (as defined in Section 2(a)(42) of the ICA); and (b) the affirmative vote of a majority of the Directors Trustees who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Company directorsTrust trustees), by votes cast in person at a meeting specifically called for such purpose.

Appears in 8 contracts

Samples: Investment Management Agreement (American Skandia Trust), Investment Management Agreement (American Skandia Trust), Investment Management Agreement (American Skandia Trust)

Term and Approval. This Agreement shall become effective on June March 1, 1997 2001 and by shall continue in force and effect from ------------------ year to year, provided that such continuance is specifically approved at least annually by: (a) the Directors or the vote of a majority of the Fund's outstanding voting securities (as defined in Section 2(a)(42) of the ICA); and (b) the affirmative vote of a majority of the Directors who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Company directors), by votes cast in person at a meeting specifically called for such purpose.

Appears in 5 contracts

Samples: Investment Management Agreement (American Skandia Advisor Funds Inc), Investment Management Agreement (American Skandia Advisor Funds Inc), Investment Management Agreement (American Skandia Advisor Funds Inc)

Term and Approval. This Agreement shall become effective on June 1September 11, 1997 2000 and by shall continue in force and effect from year to year, provided that such continuance is specifically approved at least annually by: (a) the Directors or the vote of a majority of the Fund's outstanding voting securities (as defined in Section 2(a)(42) of the ICA); and (b) the affirmative vote of a majority of the Directors who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Company directors), by votes cast in person at a meeting specifically called for such purpose.

Appears in 5 contracts

Samples: Investment Management Agreement (American Skandia Advisor Funds Inc), Investment Management Agreement (American Skandia Advisor Funds Inc), Investment Management Agreement (American Skandia Advisor Funds Inc)

Term and Approval. This Agreement shall become effective on June May 1, 1997 2000 and by shall continue in force and effect from year to year, provided that such continuance is specifically approved at least annually by: (a) the Directors or the vote of a majority of the Fund's outstanding voting securities (as defined in Section 2(a)(42) of the ICA); and (b) the affirmative vote of a majority of the Directors who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Company directors), by votes cast in person at a meeting specifically called for such purpose.

Appears in 4 contracts

Samples: Investment Management Agreement (American Skandia Advisor Funds Inc), Investment Management Agreement (American Skandia Advisor Funds Inc), Investment Management Agreement (American Skandia Advisor Funds Inc)

Term and Approval. This Agreement shall become effective on June 1November 11, 1997 2002 and by shall continue in force and effect from year to year, provided that such continuance is specifically approved at least annually by: (a) the Directors or the vote of a majority of the Fund's outstanding voting securities (as defined in Section 2(a)(42) of the ICA); and (b) the affirmative vote of a majority of the Directors who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Company directors), by votes cast in person at a meeting specifically called for such purpose.

Appears in 3 contracts

Samples: Investment Management Agreement (American Skandia Advisor Funds Inc), Investment Management Agreement (American Skandia Advisor Funds Inc), Investment Management Agreement (American Skandia Advisor Funds Inc)

Term and Approval. This Agreement shall become effective on June 1January 2, 1997 1998 and by shall continue in force and effect from year to year, provided that such continuance is specifically approved at least annually by: (a) the Directors or the vote of a majority of the Fund's outstanding voting securities (as defined in Section 2(a)(42) of the ICA); and (b) the affirmative vote of a majority of the Directors who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Company directors), by votes cast in person at a meeting specifically called for such purpose.

Appears in 3 contracts

Samples: Investment Management Agreement (American Skandia Advisor Funds Inc), Investment Management Agreement (American Skandia Advisor Funds Inc), Investment Management Agreement (American Skandia Advisor Funds Inc)

Term and Approval. This Agreement shall become effective on June 1September 28, 1997 2002 and by shall continue in force and effect from year to year, provided that such continuance is specifically approved at least annually by: (a) the Directors or the vote of a majority of the Fund's outstanding voting securities (as defined in Section 2(a)(42) of the ICA); and (b) the affirmative vote of a majority of the Directors who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Company directors), by votes cast in person at a meeting specifically called for such purpose.

Appears in 3 contracts

Samples: Investment Management Agreement (American Skandia Advisor Funds Inc), Investment Management Agreement (American Skandia Advisor Funds Inc), Investment Management Agreement (American Skandia Advisor Funds Inc)

Term and Approval. This Agreement shall become effective on June 1October 18, 1997 1999 and by shall continue in force and effect from year to year, provided that such continuance is specifically approved at least annually by: (a) the Directors or the vote of a majority of the Fund's outstanding voting securities (as defined in Section 2(a)(42) of the ICA); and (b) the affirmative vote of a majority of the Directors who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Company directors), by votes cast in person at a meeting specifically called for such purpose.

Appears in 3 contracts

Samples: Investment Management Agreement (American Skandia Advisor Funds Inc), Investment Management Agreement (American Skandia Advisor Funds Inc), Investment Management Agreement (American Skandia Advisor Funds Inc)

Term and Approval. This Agreement shall become effective on June March 1, 1997 2002 and by shall continue in ------------------ force and effect from year to year, provided that such continuance is specifically approved at least annually by: (a) the Directors or the vote of a majority of the Fund's outstanding voting securities (as defined in Section 2(a)(42) of the ICA); and (b) the affirmative vote of a majority of the Directors who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Company directors), by votes cast in person at a meeting specifically called for such purpose.

Appears in 2 contracts

Samples: Investment Management Agreement (American Skandia Advisor Funds Inc), Investment Management Agreement (American Skandia Advisor Funds Inc)

Term and Approval. This Agreement shall become effective on June 1August, 1997 1998 and by shall continue in force and effect from year to year, provided that such continuance is specifically approved at least annually by: (a) the Directors or the vote of a majority of the Fund's outstanding voting securities (as defined in Section 2(a)(42) of the ICA); and (b) the affirmative vote of a majority of the Directors who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Company directors), by votes cast in person at a meeting specifically called for such purpose.

Appears in 2 contracts

Samples: Investment Management Agreement (American Skandia Advisor Funds Inc), Investment Management Agreement (American Skandia Advisor Funds Inc)

Term and Approval. This Agreement shall become effective on June March 1, 1997 1999 and by shall continue in force and effect from year to year, provided that such continuance is specifically approved at least annually by: (a) the Directors or the vote of a majority of the Fund's outstanding voting securities (as defined in Section 2(a)(42) of the ICA); and (b) the affirmative vote of a majority of the Directors who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Company directors), by votes cast in person at a meeting specifically called for such purpose.

Appears in 1 contract

Samples: Investment Management Agreement (American Skandia Advisor Funds Inc)

Term and Approval. This Agreement shall become effective on June March 1, 1997 2000 and by shall continue in force and effect from year to year, provided that such continuance is specifically approved at least annually by: (a) the Directors or the vote of a majority of the Fund's outstanding voting securities (as defined in Section 2(a)(42) of the ICA); and (b) the affirmative vote of a majority of the Directors who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Company directors), by votes cast in person at a meeting specifically called for such purpose.

Appears in 1 contract

Samples: Investment Management Agreement (American Skandia Advisor Funds Inc)

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Term and Approval. This Agreement shall become effective on June 1August 19, 1997 1998 and by shall continue in force and effect from year to year, provided that such continuance is specifically approved at least annually by: (a) the Directors or the vote of a majority of the Fund's outstanding voting securities (as defined in Section 2(a)(42) of the ICA); and (b) the affirmative vote of a majority of the Directors who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Company directors), by votes cast in person at a meeting specifically called for such purpose.

Appears in 1 contract

Samples: Investment Management Agreement (American Skandia Advisor Funds Inc)

Term and Approval. This Agreement shall become effective on June January 1, 1997 1999 and by shall continue in force and effect from year to year, provided that such continuance is specifically approved at least annually by: (a) the Directors or the vote of a majority of the Fund's outstanding voting securities (as defined in Section 2(a)(42) of the ICA); and (b) the affirmative vote of a majority of the Directors who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Company directors), by votes cast in person at a meeting specifically called for such purpose.

Appears in 1 contract

Samples: Investment Management Agreement (American Skandia Advisor Funds Inc)

Term and Approval. This Agreement shall become effective on June 1_____________, 1997 2001 and by shall continue ----------------- in force and effect from year to year, provided that such continuance is specifically approved at least annually by: (a) the Directors or the vote of a majority of the Fund's outstanding voting securities (as defined in Section 2(a)(42) of the ICA); and (b) the affirmative vote of a majority of the Directors who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Company directors), by votes cast in person at a meeting specifically called for such purpose.

Appears in 1 contract

Samples: Investment Management Agreement (American Skandia Advisor Funds Inc)

Term and Approval. This Agreement shall become effective on June March 1, 1997 2002 and by shall continue in force and ------------------ effect from year to year, provided that such continuance is specifically approved at least annually by: (a) the Directors or the vote of a majority of the Fund's outstanding voting securities (as defined in Section 2(a)(42) of the ICA); and (b) the affirmative vote of a majority of the Directors who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Company directors), by votes cast in person at a meeting specifically called for such purpose.

Appears in 1 contract

Samples: Investment Management Agreement (American Skandia Advisor Funds Inc)

Term and Approval. This Agreement shall become effective on June 1December 10, 1997 2001 and by shall continue in ----------------- force and effect from year to year, provided that such continuance is specifically approved at least annually by: (a) the Directors or the vote of a majority of the Fund's outstanding voting securities (as defined in Section 2(a)(42) of the ICA); and (b) the affirmative vote of a majority of the Directors who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Company directors), by votes cast in person at a meeting specifically called for such purpose.

Appears in 1 contract

Samples: Investment Management Agreement (American Skandia Advisor Funds Inc)

Term and Approval. This Agreement shall become effective on June May 1, 1997 2002 and by shall continue in force and ------------------ effect from year to year, provided that such continuance is specifically approved at least annually by: (a) the Directors or the vote of a majority of the Fund's outstanding voting securities (as defined in Section 2(a)(42) of the ICA); and (b) the affirmative vote of a majority of the Directors who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Company directors), by votes cast in person at a meeting specifically called for such purpose.

Appears in 1 contract

Samples: Investment Management Agreement (American Skandia Advisor Funds Inc)

Term and Approval. This Agreement shall become effective on June 1September 11, 1997 2000 and by shall continue in force ----------------- and effect from year to year, provided that such continuance is specifically approved at least annually by: (a) the Directors or the vote of a majority of the Fund's outstanding voting securities (as defined in Section 2(a)(42) of the ICA); and (b) the affirmative vote of a majority of the Directors who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Company directors), by votes cast in person at a meeting specifically called for such purpose.

Appears in 1 contract

Samples: Investment Management Agreement (American Skandia Advisor Funds Inc)

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