TERM, TERMINATION AND AMENDMENT. This Agreement shall become effective on the date of its execution and shall remain in full force and effect for a period of two years from the effective date and shall automatically continue in full force and effect after such initial term unless either party terminates this Agreement by written notice to the other party at least sixty (60) days prior to the expiration of the initial term. Either party may terminate this Agreement at any time after the initial term upon at least sixty (60) days' prior written notice to the other party. Termination of this Agreement with respect to any given Investment Fund shall in no way affect the continued validity of this Agreement with respect to any other Investment Fund. Upon termination of this Agreement, the Company shall pay to the Administrator such compensation and any reimbursable expenses as may be due under the terms hereof as of the date of such termination, including reasonable out-of-pocket expenses associated with such termination. This Agreement may be modified or amended from time to time by mutual written agreement of the parties hereto.
Appears in 4 contracts
Samples: Administration Agreement (Holland Series Fund Inc), Administration Agreement (RCM Capital Funds Inc /Md/), Administration Agreement (RCM Equity Funds Inc)
TERM, TERMINATION AND AMENDMENT. This Agreement shall become effective on the date of its execution and shall remain in full force and effect for a period of two years from the effective date and shall automatically continue in full force and effect after such initial term unless either party terminates this Agreement by written notice to the other party at least sixty (60) days prior to the expiration of the initial term. Either party may terminate this Agreement at any time after the initial term upon at least sixty (60) days' prior written notice to the other party. Termination of this Agreement with respect to any given Investment Fund shall in no way affect the continued validity of this Agreement with respect to any other Investment Fund. Upon termination of this Agreement, the Company Trust shall pay to the Administrator such compensation and any reimbursable expenses as may be due under the terms hereof as of the date of such termination, including reasonable out-of-pocket expenses associated with such termination. This Agreement may be modified or amended from time to time by mutual written agreement of the parties hereto.
Appears in 3 contracts
Samples: Administration Agreement (White Elk Funds), Administration Agreement (White Elk Funds), Administration Agreement (White Elk Funds)
TERM, TERMINATION AND AMENDMENT. This Agreement shall become effective on the date of its execution and shall remain in full force and effect for a period of two years from the effective date and shall automatically continue in full force and effect after such initial term unless either party terminates this Agreement by written notice to the other party at least sixty (60) days prior to the expiration of the initial term. Either party may terminate this Agreement at any time after the initial term upon at least sixty (60) days' prior written notice to the other party. Termination of this Agreement with respect to any given Investment Fund shall in no way affect the continued validity of this Agreement with respect to any other Investment Fund. Upon termination of this Agreement, the Company Adviser shall pay to the Sub-Administrator such compensation and any reimbursable expenses as may be due under the terms hereof as of the date of such termination, including reasonable out-of-pocket expenses associated with such termination. This Agreement may be modified or amended from time to time by mutual written agreement of the parties hereto.
Appears in 2 contracts
Samples: Sub Administration Agreement (Mevc Delta Life Sciences Fund I Inc), Sub Administration Agreement (Mevc Draper Fisher Jurveston Fund I Inc)
TERM, TERMINATION AND AMENDMENT. This Agreement shall become effective on the date of its execution the Fund first accepts money for investment and shall remain in full force and effect for a period an initial term of two years from the effective date and years. This Agreement shall automatically continue in full force and effect after such initial term unless either party terminates this Agreement by written notice to the other party at least sixty (60) days prior to the expiration of the initial term. Either party may terminate this Agreement at any time after the initial term upon at least sixty (60) days' prior written notice to the other party. Termination of this Agreement with respect to any given Investment Fund shall in no way affect the continued validity of this Agreement with respect to any other Investment Fund. Upon termination of this Agreement, the Company Fund shall pay to the Administrator such compensation and any reimbursable expenses as may be due under the terms hereof as of the date of such termination, including reasonable out-of-pocket expenses associated with such termination. This Agreement may be modified or amended from time to time by mutual written agreement of the parties hereto.
Appears in 2 contracts
Samples: Administration Agreement (Monument Series Fund Inc), Administration Agreement (Monument Series Fund Inc)
TERM, TERMINATION AND AMENDMENT. This Agreement shall become effective on the date of its execution and shall remain in full force and effect and effect for a period an initial term of two years from the effective date and shall automatically continue in full force and effect after such initial term unless either party terminates this Agreement by written notice to the other party at least sixty (60) days prior to the expiration of the initial term. Either party may terminate this Agreement at any time after the initial term upon at least sixty (60) days' prior written notice to the other party. Termination of this Agreement with respect to any given Investment Fund shall in no way affect the continued validity of this Agreement with respect to any other Investment Fund. Upon termination of this Agreement, the Company shall pay to the Administrator such compensation and any reimbursable expenses as may be due under the terms hereof as of the date of such termination, including reasonable out-of-pocket expenses associated with such termination. This Agreement may be modified or amended from time to time by mutual written agreement of the parties hereto.
Appears in 1 contract
Samples: Sub Administration Agreement (Security Capital U S Real Estate Shares Inc)
TERM, TERMINATION AND AMENDMENT. This Agreement shall become effective on the date of its execution and shall remain in full force and effect for a period of two years from the effective date and shall automatically continue in full force and effect after such initial term unless either party terminates this Agreement by written notice to the other party at least sixty (60) days prior to the expiration of the initial term. Either party may terminate this Agreement at any time after the initial term upon at least sixty (60) days' prior written notice to the other party. Termination of this Agreement with respect to any given Investment Fund shall in no way affect the continued validity of this Agreement with respect to any other Investment Fund. Upon termination of this Agreement, the Company shall pay to the Administrator such compensation and any reimbursable expenses as may be due under the terms hereof as of the date of such termination, including reasonable out-of-pocket expenses associated with such termination. This Agreement may be modified or amended from time to time by mutual written agreement of the parties hereto.
Appears in 1 contract
Samples: Administration Agreement (Security Capital U S Real Estate Shares Inc)
TERM, TERMINATION AND AMENDMENT. This Agreement shall become be effective on as of the date of its execution first written above and shall remain in full force and effect for a period of two years from the effective date and shall automatically continue until terminated in full force and effect after such initial term unless writing by either party terminates this Agreement by written notice to the other party at least sixty (60) days prior to the expiration of the initial term. Either party may terminate this Agreement at any time after the initial term upon at least on sixty (60) days' prior written notice given by either party to the other party; provided, however, that without limitation of any other remedy available at law or in equity, upon termination of this Agreement by the Fund prior to three years from the effective date of this Agreement, the Fund shall pay to the Administrator an amount equal to fees waived by the Administrator under this Agreement. Termination of this Agreement with respect to any given the Investment Fund shall in no way affect the continued validity of this Agreement with respect to any other Investment Fundinvestment fund established pursuant to Section 1. Upon termination of this Agreement, the Company Fund shall pay to the Administrator such compensation and any reimbursable expenses as may be due under the terms hereof as of the date of such termination, including reasonable out-of-pocket expenses associated with such termination. This Agreement may be modified or amended from time to time by mutual written agreement of the parties hereto.
Appears in 1 contract