Common use of TERM AND TERMINATION OF THIS AGREEMENT; NO ASSIGNMENT Clause in Contracts

TERM AND TERMINATION OF THIS AGREEMENT; NO ASSIGNMENT. (a) This Agreement shall be effective as to the Funds as of the date of this Agreement and shall remain in effect for two years from the date thereof unless sooner terminated as hereinafter provided. This Agreement shall continue in effect thereafter for additional periods not exceeding one (1) year so long as continuation is approved for the Funds at least annually by (i) the Board of Trustees or by a vote of a majority of the outstanding voting securities of the Fund and (ii) the vote of a majority of the Trustees of the Trust who are not parties to this Agreement nor interested persons thereof, cast in person as a meeting called for the purpose of voting on such approval. The term “majority of the outstanding voting securities” and “interested persons” shall have the meaning set forth in the 1940 Act;

Appears in 2 contracts

Samples: Investment Sub Advisory Agreement (Trust for Professional Managers), Investment Sub Advisory Agreement (Trust for Professional Managers)

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TERM AND TERMINATION OF THIS AGREEMENT; NO ASSIGNMENT. (a) This Agreement shall be will become effective as with respect to the Funds as of Fund on the date of this hereof. The Agreement and shall remain will, unless terminated as hereinafter provided, continue in effect for a period of two (2) years from the date thereof unless sooner terminated as hereinafter providedof effectiveness with respect to the Fund. This Agreement shall will continue in effect thereafter for additional periods not exceeding one (1) year so long as such continuation is approved for the Funds at least annually by (i) the Board of Trustees or by a the vote of a majority of the outstanding voting securities of the Fund and (ii) the vote of a majority of the Trustees of the Trust Fund who are not parties to this Agreement nor interested persons thereof, cast in person as at a meeting called for the purpose of voting on such approval. The term terms “majority of the outstanding voting securities” and “interested persons” shall will have the meaning meanings as set forth in the 1940 Act;.

Appears in 2 contracts

Samples: Community Development Fund (Bluestone Community Development Fund), Investment Advisory Agreement (504 Fund)

TERM AND TERMINATION OF THIS AGREEMENT; NO ASSIGNMENT. (a) This Agreement shall be effective as to the Funds Fund as of the date Effective Date of this Agreement and shall remain in effect for two (2) years from the date thereof hereof, unless sooner terminated as hereinafter provided. This Agreement shall continue in effect thereafter for additional periods not exceeding one (1l) year so long as such continuation is approved for the Funds Fund at least annually by (i) the Board of Trustees or by a the vote of a majority of the outstanding voting securities of the Fund and (ii) the vote of a majority of the Trustees of the Trust who are not parties to this Agreement nor interested persons thereof, cast in person as at a meeting called for the purpose of voting on such approval. The term terms “majority of the outstanding voting securities” and “interested persons” shall have the meaning meanings as set forth in the 1940 Act;.

Appears in 1 contract

Samples: Investment Sub Advisory Agreement (Trust for Professional Managers)

TERM AND TERMINATION OF THIS AGREEMENT; NO ASSIGNMENT. (a) This Agreement shall be effective go into effect as to the Funds as of Fund on the date of this Agreement set forth above and shall remain in effect for two years from the date thereof shall, unless sooner terminated as hereinafter provided, continue in effect for a period of two years. This Agreement shall continue in effect thereafter for additional periods not exceeding one (1l) year so long as such continuation is approved for the Funds Fund at least annually by (i) the Board of Trustees of the Trust or by a the vote of a majority of the outstanding voting securities of the Fund and (ii) the vote of a majority of the Trustees of the Trust who are not parties to this Agreement nor interested persons thereof, cast in person as at a meeting called for the purpose of voting on such approval. The term terms “majority of the outstanding voting securities” and “interested persons” shall have the meaning meanings as set forth in the 1940 Act;

Appears in 1 contract

Samples: Investment Sub Advisory Agreement (Advisors Series Trust)

TERM AND TERMINATION OF THIS AGREEMENT; NO ASSIGNMENT. (a) This Agreement shall be effective go into effect as to the Funds Fund as of the date Effective Date of this Agreement Agreement, and shall remain in effect for two years from the date thereof unless sooner terminated as hereinafter provided. This Agreement shall continue in effect thereafter for additional periods not exceeding one (1l) year so long as such continuation is approved for the Funds Fund at least annually by (i) the Board of Trustees or by a the vote of a majority of the outstanding voting securities of the Fund and (ii) the vote of a majority of the Trustees of the Trust who are not parties to this Agreement nor interested persons thereof, cast in person as at a meeting called for the purpose of voting on such approval. The term terms “majority of the outstanding voting securities” and “interested persons” shall have the meaning meanings as set forth in the 1940 Act;

Appears in 1 contract

Samples: Investment Sub Advisory Agreement (Trust for Professional Managers)

TERM AND TERMINATION OF THIS AGREEMENT; NO ASSIGNMENT. (a) This Agreement shall be effective as to the Funds go into effect as of the date of set forth in this Agreement and shall remain in effect for two years from the date thereof unless sooner terminated as hereinafter provided. This Agreement shall continue in effect thereafter for additional periods not exceeding one (1l) year so long as such continuation is approved for the Funds Fund at least annually by (i) the Board of Trustees or by a the vote of a majority of the outstanding voting securities of the Fund and (ii) the vote of a majority of the Trustees of the Trust who are not parties to this Agreement nor interested persons thereof, cast in person as at a meeting called for the purpose of voting on such approval. The term terms “majority of the outstanding voting securities” and “interested persons” shall have the meaning meanings as set forth in the 1940 Act;

Appears in 1 contract

Samples: Investment Sub Advisory Agreement (Trust for Professional Managers)

TERM AND TERMINATION OF THIS AGREEMENT; NO ASSIGNMENT. (a) This Agreement shall be effective as to the Funds as of the date Effective Date of this Agreement and shall remain in effect for two (2) years from the date thereof hereof, unless sooner terminated as hereinafter provided. This Agreement shall continue in effect thereafter for additional periods not exceeding one (1l) year so long as such continuation is approved for the Funds Fund at least annually by (i) the Board of Trustees or by a the vote of a majority of the outstanding voting securities of the Fund and (ii) the vote of a majority of the Trustees of the Trust who are not parties to this Agreement nor interested persons thereof, cast in person as at a meeting called for the purpose of voting on such approval. The term terms “majority of the outstanding voting securities” and “interested persons” shall have the meaning meanings as set forth in the 1940 Act;.

Appears in 1 contract

Samples: Investment Sub Advisory Agreement (Trust for Professional Managers)

TERM AND TERMINATION OF THIS AGREEMENT; NO ASSIGNMENT. (a) This Agreement shall be effective as to the Funds Fund as of the date Effective Date of this Agreement and shall remain in effect for two (2) years from the date thereof hereof, unless sooner terminated as hereinafter provided. This Agreement shall continue in effect thereafter for additional periods not exceeding one (1) year so long as such continuation is approved for the Funds Fund at least annually by (i) the Board of Trustees or by a the vote of a majority of the outstanding voting securities of the Fund and (ii) the vote of a majority of the Trustees of the Trust who are not parties to this Agreement nor interested persons thereof, cast in person as at a meeting called for the purpose of voting on such approval. The term terms “majority of the outstanding voting securities” and “interested persons” shall have the meaning meanings as set forth in the 1940 Act;.

Appears in 1 contract

Samples: Investment Sub Advisory Agreement (Trust for Professional Managers)

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TERM AND TERMINATION OF THIS AGREEMENT; NO ASSIGNMENT. (a) This Agreement shall be effective go into effect as to the Funds as of the date of this Agreement Fund on March 31, 2009, and shall remain in effect for a period of two (2) years from the date thereof of this Agreement, unless sooner terminated as hereinafter provided. This Agreement shall continue in effect thereafter for additional periods not exceeding one (1l) year so long as such continuation is approved for the Funds Fund at least annually by (i) the Board of Trustees or by a the vote of a majority of the outstanding voting securities of the Fund and (ii) the vote of a majority of the Trustees of the Trust who are not parties to this Agreement nor interested persons thereof, cast in person as at a meeting called for the purpose of voting on such approval. The term terms “majority of the outstanding voting securities” and “interested persons” shall have the meaning meanings as set forth in the 1940 Act;

Appears in 1 contract

Samples: Investment Sub Advisory Agreement (Trust for Professional Managers)

TERM AND TERMINATION OF THIS AGREEMENT; NO ASSIGNMENT. (a) This Agreement shall be become effective as to the Funds as of Fund upon the date of Effective Date first set forth above. Unless sooner terminated, this Agreement and shall remain in effect continue for an initial period of no more than two years from the date thereof unless sooner terminated as hereinafter provided. This Agreement effective date, and thereafter shall continue in effect thereafter for successive additional periods not exceeding one (1l) year so long as such continuation is approved for the Funds Fund at least annually by (i) the Board of Trustees of the Trust or by a the vote of a majority of the outstanding voting securities of the Fund and (ii) the vote of a majority of the Board of Trustees of the Trust who are not parties to this Agreement nor interested persons thereof, cast in person as at a meeting called for the purpose of voting on such approval. The term terms “majority of the outstanding voting securities” and “interested persons” shall have the meaning meanings as set forth in the 1940 Act;

Appears in 1 contract

Samples: Investment Sub Advisory Agreement (Northern Lights Fund Trust)

TERM AND TERMINATION OF THIS AGREEMENT; NO ASSIGNMENT. (a) This Agreement shall be become effective as to the Funds as of Fund upon the date of Effective Date first set forth above. Unless sooner terminated, this Agreement and shall remain in effect continue for an initial period of no more than two years from the date thereof unless sooner terminated as hereinafter provided. This Agreement effective date, and thereafter shall continue in effect thereafter for successive additional periods not exceeding one (1l) year so long as such continuation is approved for the Funds Fund at least annually by (i) the Board of Trustees of the Trust or by a the vote of a majority of the outstanding voting securities of the Fund and (ii) the vote of a majority of the Board of Trustees of the Trust who are not parties to this Agreement nor interested persons thereof, cast in person as at a meeting called for the purpose of voting on such approval. The term terms “majority of the outstanding voting securities” and “interested persons” shall have the meaning meanings as set forth in the 1940 Act;.

Appears in 1 contract

Samples: Investment Sub Advisory Agreement (Northern Lights Fund Trust)

TERM AND TERMINATION OF THIS AGREEMENT; NO ASSIGNMENT. (a) This Agreement shall be effective as to the Funds as of go into effect upon the date of this Agreement set forth above, and shall remain in effect for two years from the date thereof hereof unless sooner terminated as hereinafter provided. This Agreement shall continue in effect thereafter for additional periods not exceeding one (1l) year so long as such continuation is approved for the Funds Fund at least annually by (i) the Board of Trustees or by a the vote of a majority of the outstanding voting securities of the Fund and (ii) the vote of a majority of the Trustees of the Trust who are not parties to this Agreement nor interested persons thereof, cast in person as at a meeting called for the purpose of voting on such approval. The term terms “majority of the outstanding voting securities” and “interested persons” shall have the meaning meanings as set forth in the 1940 Act;

Appears in 1 contract

Samples: Investment Sub Advisory Agreement (Trust for Professional Managers)

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