Common use of Term and Termination of Agreement Clause in Contracts

Term and Termination of Agreement. This Agreement with respect to each of the Funds shall continue in effect until the expiration date set forth on Schedule A (the “Expiration Date”). With regard to the Operating Expense Limits, the Trust’s Board of Trustees and the Advisor may terminate or modify this Agreement prior to the Expiration Date only by mutual written consent. This Agreement shall terminate automatically upon the termination of the Advisory Agreement; provided, however, that the obligation of the Trust to reimburse the Adviser with respect to the Fund shall survive the termination of this Agreement unless the Trust and the Adviser agree otherwise.

Appears in 64 contracts

Samples: Expense Limitation Agreement (World Funds Trust), Expense Limitation Agreement (World Funds Trust), Expense Limitation Agreement (World Funds Trust)

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Term and Termination of Agreement. a. This Agreement with respect to each of the Funds shall continue in effect until the expiration date set forth on Schedule A (the “Expiration Date”). With regard to the Operating Expense Limits, the Trust’s Board of Trustees and the Advisor Adviser may terminate or modify this Agreement prior to the Expiration Date only by mutual written consent. This Agreement shall terminate automatically upon the termination of the Advisory Agreement; provided, however, that the obligation of the Trust to reimburse the Adviser with respect to the Fund shall survive the termination of this Agreement unless the Trust and the Adviser agree otherwise.

Appears in 6 contracts

Samples: Expense Limitation Agreement (World Funds Trust), Expense Limitation Agreement (World Funds Trust), Expense Limitation Agreement (World Funds Trust)

Term and Termination of Agreement. This Agreement with respect to each of the Funds shall continue in effect until the expiration date set forth on Schedule A (the “Expiration Date”). With regard to the Operating Expense Limits, the Trust’s Board of Trustees and the Advisor Adviser may terminate or modify this Agreement prior to the Expiration Date only by mutual written consent. This Agreement shall terminate automatically upon the termination of the Advisory Agreement; provided, however, that the . The obligation of the Trust to reimburse the Adviser with respect to the Fund shall not survive the termination of this Agreement unless the Trust and the Adviser agree otherwise.

Appears in 5 contracts

Samples: Expense Limitation Agreement (World Funds Trust), Expense Limitation Agreement (World Funds Trust), Expense Limitation Agreement (World Funds Trust)

Term and Termination of Agreement. This Agreement with respect to each the of the Funds shall continue in effect until the expiration date set forth on Schedule A (the “Expiration Date”). With regard to the Operating Expense Limits, the TrustFund’s Board of Trustees and the Advisor may terminate or modify this Agreement prior to the Expiration Date only by mutual written consent. This Agreement shall terminate automatically upon the termination of the Advisory Investment Management Agreement; provided, however, that the obligation of the Trust Fund to reimburse the Adviser with respect to the Fund shall survive the termination of this Agreement unless the Trust Fund and the Adviser agree otherwise.

Appears in 2 contracts

Samples: Expense Limitation Agreement (Kingsbarn Parallel Income Fund), Expense Limitation Agreement (Kingsbarn Parallel Income Fund)

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Term and Termination of Agreement. This Agreement with respect to each of the Funds shall continue in effect until the expiration date set forth on Schedule A (the “Expiration Date”). With regard to the Operating Expense Limits, the Trust’s Board of Trustees and the Advisor may terminate or modify this Agreement prior to the Expiration Date only by mutual written consent. This Agreement shall terminate automatically upon the termination of the Advisory Agreement; provided, however, that the obligation of the Trust to reimburse the Adviser with respect to the Fund shall survive the termination of this Agreement unless the Trust and the Adviser agree otherwise.

Appears in 1 contract

Samples: Expense Limitation Agreement (World Funds Trust)

Term and Termination of Agreement. This Agreement with respect to each of the Funds shall continue in m effect until the expiration date set forth on Schedule A (the “Expiration Date”). With regard to the Operating Expense Limits, the Trust’s Board of Trustees and the Advisor may terminate or modify this Agreement prior to the Expiration Date only by mutual written consent. This Agreement shall terminate automatically upon the termination of the Advisory Agreement; provided, howeverhowever , that the obligation of the Trust to reimburse the Adviser with respect to the Fund shall survive the termination of this Agreement unless the Trust and the Adviser agree otherwise.

Appears in 1 contract

Samples: Expense Limitation Agreement (World Funds Trust)

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