Common use of Term and Approval Clause in Contracts

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

Appears in 6 contracts

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

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Term and Approval. This Agreement shall become effective on May 1December 30, 2002 1996 and shall continue in force ----------------- and effect from year to year, provided that such continuance is specifically approved at least annually: (a) (i) by the Fund's Board of Trustees or (ii) by the vote of a majority of the Portfolio's outstanding voting securities (as defined in Section 2(a)(42) of the Investment Company Act); and (b) by the affirmative vote of a majority of the trustees who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Fund trustees), by votes cast in person at a meeting specifically called for such purpose.

Appears in 6 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 May 1October 15, 2002 1996 and shall continue in force ----------------- and effect from year to year, provided that such continuance is specifically approved at least annually: (a) (i) by the Fund's Board of Trustees or (ii) by the vote of a majority of the Portfolio's outstanding voting securities (as defined in Section 2(a)(42) of the Investment Company Act); and (b) by the affirmative vote of a majority of the trustees who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Fund trustees), by votes cast in person at a meeting specifically called for such purpose.

Appears in 4 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 May 1, 2002 2000 and shall continue in force ----------------- and effect from year to year, provided that such continuance is specifically approved at least annually: (a) (i) by the Fund's Board of Trustees or (ii) by the vote of a majority of the Portfolio's outstanding voting securities (as defined in Section 2(a)(42) of the Investment Company Act); and (b) by the affirmative vote of a majority of the trustees who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Fund trustees), by votes cast in person at a meeting specifically called for such purpose.

Appears in 3 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 May 1, 2002 1998 and shall continue in force ----------------- and effect from year to year, provided that such continuance is specifically approved at least annually: (a) (i) by the Fund's Board of Trustees or (ii) by the vote of a majority of the Portfolio's outstanding voting securities (as defined in Section 2(a)(42) of the Investment Company Act); and (b) by the affirmative vote of a majority of the trustees who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Fund trustees), by votes cast in person at a meeting specifically called for such purpose.

Appears in 2 contracts

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

Term and Approval. This Agreement shall become effective on May 1, 2002 1995 and shall continue in force ----------------- and effect from year to year, provided that such continuance is specifically approved at least annually: (a) (i) by the Fund's Board of Trustees or (ii) by the vote of a majority of the Portfolio's outstanding voting securities (as defined in Section 2(a)(42) of the Investment Company Act); and (b) by the affirmative vote of a majority of the trustees who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Fund trustees), by votes cast in person at a meeting specifically called for such purpose.

Appears in 2 contracts

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

Term and Approval. This Agreement shall become effective on May 1October 23, 2002 2000 and shall continue in force ----------------- and effect from year to year, provided that such continuance is specifically approved at least annually: (a) (i) by the Fund's Board of Trustees or (ii) by the vote of a majority of the Portfolio's outstanding voting securities (as defined in Section 2(a)(42) of the Investment Company Act); and (b) by the affirmative vote of a majority of the trustees who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Fund trustees), by votes cast in person at a meeting specifically called for such purpose.

Appears in 1 contract

Samples: Investment Management Agreement (American Skandia Trust)

Term and Approval. This Agreement shall become effective on May 1September 14, 2002 2001 and shall continue in ----------------- force ----------------- and effect from year you to year, provided that such continuance is specifically approved at least annually: (a) (i) by the Fund's Board of Trustees or (ii) by the vote of a majority of the Portfolio's outstanding voting securities (as defined in Section 2(a)(42) of the Investment Company Act); and (b) by the affirmative vote of a majority of the trustees who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Fund trustees), by votes cast in person at a meeting specifically called for such purpose.

Appears in 1 contract

Samples: Investment Management Agreement (American Skandia Trust)

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

Appears in 1 contract

Samples: Investment Management Agreement (American Skandia Trust)

Term and Approval. This Agreement shall become effective on May 1January 3, 2002 1994 and shall continue in force ----------------- and effect from year to year, provided that such continuance is specifically approved at least annually: (a) (i) by the Fund's Board of Trustees or (ii) by the vote of a majority of the Portfolio's outstanding voting securities (as defined in Section 2(a)(42) of the Investment Company Act); and (b) by the affirmative vote of a majority of the trustees who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Fund trustees), by votes cast in person at a meeting specifically called for such purpose.

Appears in 1 contract

Samples: Investment Management Agreement (American Skandia Trust)

Term and Approval. This Agreement shall become effective on May 1, 2002 1992 and shall continue in force ----------------- and effect from year to year, provided that such continuance is specifically approved at least annually:. (a) (i) by the Fund's Board of Trustees or (ii) by the vote of a majority of the Portfolio's outstanding voting securities (as defined in Section 2(a)(42) of the Investment Company Act); and (b) by the affirmative vote of a majority of the trustees who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Fund trustees), by votes cast in person at a meeting specifically called for such purpose.

Appears in 1 contract

Samples: Investment Management Agreement (American Skandia Trust)

Term and Approval. This Agreement shall become effective on May 1, 2002 2000 and shall continue in force ----------------- and effect from year to year, provided that such continuance is specifically approved at least annually: (a) (i) by the Fund's Board of Trustees or (ii) by the vote of a majority of the Portfolio's outstanding voting securities (as defined in Section 2(a)(42) of the Investment Company company Act); and (b) by the affirmative vote of a majority of the trustees who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Fund trustees), by votes cast case in person at a meeting specifically called for such purpose.

Appears in 1 contract

Samples: Investment Management Agreement (American Skandia Trust)

Term and Approval. This Agreement shall become effective on May 1January 3, 2002 1994 and shall continue in force ----------------- and effect from year to year, provided that such continuance is specifically approved at least annually:. (a) (i) by the Fund's Board of Trustees or (ii) by the vote of a majority of the Portfolio's outstanding voting securities (as defined in Section 2(a)(42) of the Investment Company Act); and (b) by the affirmative vote of a majority of the trustees who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Fund trustees), by votes cast in person at a meeting specifically called for such purpose.

Appears in 1 contract

Samples: Investment Management Agreement (American Skandia Trust)

Term and Approval. This Agreement shall become effective on May 1_______, 2002 1992 and shall continue in force ----------------- and effect from year to year, provided that such continuance is specifically approved at least annually: (a) (i) by the Fund's Board of Trustees or (ii) by the vote of a majority of the Portfolio's outstanding voting securities (as defined in Section 2(a)(42) of the Investment Company Act); and (b) by the affirmative vote of a majority of the trustees who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Fund trustees), by votes cast in person at a meeting specifically called for such purpose.

Appears in 1 contract

Samples: Investment Management Agreement (American Skandia Trust)

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

Appears in 1 contract

Samples: Investment Management Agreement (American Skandia Trust)

Term and Approval. This Agreement shall become effective on May 1October 15, 2002 1996 and shall continue in force ----------------- and effect from year to year, provided that such continuance is specifically approved at least annually: (a) (i) by the Fundfund's Board of Trustees or (ii) by the vote of a majority of the Portfolio's outstanding voting securities (as defined in Section 2(a)(42) of the Investment Company Act); and (b) by the affirmative vote of a majority of the trustees who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Fund trustees), by votes cast in person at a meeting specifically called for such purpose.

Appears in 1 contract

Samples: Investment Management Agreement (American Skandia Trust)

Term and Approval. This Agreement shall become effective at the close of business on May 1, 2002 the date hereof and shall continue remain in force ----------------- and effect for two years and thereafter from year to year, provided that such continuance is specifically approved at least annually: (a) (i) by the Fund's Board of Trustees or (ii) by the vote of a majority of the Portfolio's Fund’s outstanding voting securities (as defined in Section 2(a)(42) of the Investment Company Act0000 Xxx); and (b) by the affirmative vote of a majority of the trustees Trustees who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Fund trusteesTrustees), by votes cast in person at a meeting specifically called for such purpose.

Appears in 1 contract

Samples: Investment Advisory Agreement (Sprott Funds Trust)

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Term and Approval. This Agreement shall become effective on May 1January 3, 2002 1994 and shall continue in force ----------------- and effect from year to year, provided that such continuance is specifically approved at least annually:annually.- (a) (i) by the Fund's Board of Trustees or (ii) by the vote of a majority of the Portfolio's outstanding voting securities (as defined in Section 2(a)(42) of the Investment Company Act); and (b) by the affirmative vote of a majority of the trustees who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Fund trustees), by votes cast in person at a meeting specifically called for such purpose.

Appears in 1 contract

Samples: Investment Management Agreement (American Skandia Trust)

Term and Approval. This Agreement shall become effective on May 1, 2002 1992 and shall continue in force ----------------- and effect from year to year, provided that such continuance is specifically approved at least annually: (a) (i) by the Fund's Board of Trustees or (ii) by the vote of a majority of the Portfolio's outstanding voting securities (as defined in Section 2(a)(42) of the Investment Company company Act); and (b) by the affirmative vote of a majority of the trustees who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Fund trustees), by votes cast case in person at a meeting specifically called for such purpose.

Appears in 1 contract

Samples: Investment Management Agreement (American Skandia Trust)

Term and Approval. This Agreement shall become effective on May January 1, 2002 1999 and shall continue in force ----------------- and effect from year you to year, provided that such continuance is specifically approved at least annually: (a) (i) by the Fund's Board of Trustees or (ii) by the vote of a majority of the Portfolio's outstanding voting securities (as defined in Section 2(a)(42) of the Investment Company Act); and (b) by the affirmative vote of a majority of the trustees who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Fund trustees), by votes cast in person at a meeting specifically called for such purpose.

Appears in 1 contract

Samples: Investment Management Agreement (American Skandia Trust)

Term and Approval. This Agreement shall become effective on May 1January 3, 2002 1994 and shall continue in force ----------------- and effect from year to year, provided that such continuance is specifically approved at least annually: (a) (i) by the Fund's Board of Trustees or (ii) by the vote of a majority of the Portfolio's outstanding voting securities (as defined in Section 2(a)(42) of the Investment Company Act); and (b) by the affirmative vote of a majority of the trustees who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Fund trustees), by votes cast in person at a meeting specifically called for such purpose.

Appears in 1 contract

Samples: Investment Management Agreement (American Skandia Trust)

Term and Approval. This Agreement shall become effective on May 1January 3, 2002 1994 and shall continue in force ----------------- and effect from year you to year, provided that such continuance is specifically approved at least annually: (a) (i) by the Fund's Board of Trustees or (ii) by the vote of a majority of the Portfolio's outstanding voting securities (as defined in Section 2(a)(42) of the Investment Company Act); and (b) by the affirmative vote of a majority of the trustees who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Fund trustees), by votes cast in person at a meeting specifically called for such purpose.

Appears in 1 contract

Samples: Investment Management Agreement (American Skandia Trust)

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

Appears in 1 contract

Samples: Investment Management Agreement (American Skandia Trust)

Term and Approval. This Agreement shall become effective on May 1September 15, 2002 2001 and shall continue in force ----------------- and effect from year ----------------- you to year, provided that such continuance is specifically approved at least annually: (a) (i) by the Fund's Board of Trustees or (ii) by the vote of a majority of the Portfolio's outstanding voting securities (as defined in Section 2(a)(42) of the Investment Company Act); and (b) by the affirmative vote of a majority of the trustees who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Fund trustees), by votes cast in person at a meeting specifically called for such purpose.

Appears in 1 contract

Samples: Investment Management Agreement (American Skandia Trust)

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

Appears in 1 contract

Samples: Investment Management Agreement (American Skandia Trust)

Term and Approval. This Agreement shall become effective on May 1December 31, 2002 1998 and shall continue in force ----------------- and effect from year to year, provided that such continuance is specifically approved at least annually: (a) (i) by the Fund's Board of Trustees or (ii) by the vote of a majority of the Portfolio's outstanding voting securities (as defined in Section 2(a)(42) of the Investment Company Act); and (b) by the affirmative vote of a majority of the trustees who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Fund trustees), by votes cast in person at a meeting specifically called for such purpose.

Appears in 1 contract

Samples: Investment Management Agreement (American Skandia Trust)

Term and Approval. This Agreement shall become effective on May 1December 10, 2002 2001 and shall ------------------ continue in force ----------------- and effect from year to year, provided that such continuance is specifically approved at least annually: (a) (i) by the Fund's Board of Trustees or (ii) by the vote of a majority of the Portfolio's outstanding voting securities (as defined in Section 2(a)(42) of the Investment Company Act); and (b) by the affirmative vote of a majority of the trustees who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Fund trustees), by votes cast in person at a meeting specifically called for such purpose.

Appears in 1 contract

Samples: Investment Management Agreement (American Skandia Trust)

Term and Approval. This Agreement shall become effective on May 1January 3, 2002 1994 and shall continue in force ----------------- and effect affect from year to year, provided that such continuance is specifically approved at least annually:. (a) (i) by the Fund's Board of Trustees or (ii) by the vote of a majority of the Portfolio's outstanding voting securities (as defined in Section 2(a)(42) of the Investment Company Act); and (b) by the affirmative vote of a majority of the trustees who are not parties to this Agreement or interested persons of a party to this Agreement (other than as Fund trustees), by votes cast in person at a meeting specifically called for such purpose.

Appears in 1 contract

Samples: Investment Management Agreement (American Skandia Trust)

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