Common use of Term, Termination and Modification Clause in Contracts

Term, Termination and Modification. This Agreement is effective for the time period indicated on Appendix A, unless sooner terminated as provided below in this Paragraph. This Agreement may be terminated by mutual agreement of the parties at any time or by the Registrant on behalf of any one or more of the Funds upon thirty (30) days’ written notice to the Adviser. In addition, this Agreement shall terminate with respect to a Fund upon termination of the Advisory Agreement with respect to such Fund.

Appears in 85 contracts

Samples: Expense Limitation Agreement (Virtus Investment Trust), Expense Limitation Agreement (Virtus Investment Trust), Expense Limitation Agreement (Virtus Opportunities Trust)

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Term, Termination and Modification. This Agreement is effective for the time period indicated on Appendix A, unless sooner terminated as provided below in this Paragraph. This Agreement may be terminated by mutual agreement of the parties at any time or by the Registrant on behalf of any one or more of the Funds upon thirty (30) days’ written notice to the Adviser. In addition, this Agreement shall terminate with respect to a Fund upon termination of the Advisory Agreement with respect to such the Fund.

Appears in 2 contracts

Samples: Expense Limitation Agreement (Virtus Opportunities Trust), Expense Limitation Agreement (Virtus Opportunities Trust)

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Term, Termination and Modification. This Agreement is effective for the time period indicated on Appendix A, unless sooner terminated as provided below in this Paragraph. This Agreement may be terminated by mutual agreement of the parties at any time or parties, by the Registrant on behalf of any one or more of the Funds at any time without payment of any penalty or by the Board of Trustees of the Registrant upon thirty (30) days’ written notice to the Adviser. In addition, this Agreement shall terminate with respect to a Fund upon termination of the Advisory Agreement with respect to such Fund.

Appears in 1 contract

Samples: Expense Limitation Agreement (Virtus Opportunities Trust)

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