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. Subsequent to the initial term indicated on Appendix A, the amount of the Expense Limit and term applicable to each Fund shall be as disclosed in the then current prospectus of that Fund. This Agreement shall remain in effect with respect to each Fund (if any) subject to a Voluntary Expense Limitation until such time as specified in a notice of its termination provided by one party to the other party. This Agreement also may be terminated 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 7 contracts

Samples: Expense Limitation Agreement (Virtus Alternative Solutions Trust), Expense Limitation Agreement (Virtus Alternative Solutions Trust), Expense Limitation Agreement (Virtus Alternative Solutions Trust)

AutoNDA by SimpleDocs

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. Subsequent to the initial term indicated on Appendix A, the amount of the Expense Limit and term applicable to each Fund shall be as disclosed in the then current prospectus of that Fund. This Agreement shall remain in effect with respect to each Fund (if any) subject to a Voluntary Expense Limitation until such time as specified in a notice of its termination provided by one party to the other party. This Agreement also may be terminated 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 4 contracts

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

Term, Termination and Modification. This Agreement is effective for on the time period indicated on Appendix Adate specified herein and shall remain in effect, unless sooner terminated as provided below in this Paragraph. Subsequent to After the initial term indicated on Appendix stated in Attachment A, this Agreement shall automatically renew for the amount of the Expense Limit term and term applicable to each Fund shall be as disclosed conditions stated in the then current prospectus unless the Distributor provides written notice to the Fund of that Fundthe termination of this Agreement, or the modification to the Fee Waiver specified for a Fund in Appendix A of this Agreement, within thirty (30) days of the end of the then current term. This Agreement shall remain in effect with respect to each Fund (if any) subject to a Voluntary Expense Limitation until such time as specified in a notice of its termination provided by one party to the other party. This Agreement also may be terminated 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 AdviserDistributor. In addition, this Agreement shall terminate with respect to a the Fund upon termination of the Advisory Shareholder Services Agreement with respect to such Fund.

Appears in 2 contracts

Samples: Fee Waiver Agreement (Phoenix Insight Funds Trust), Fee Waiver Agreement (Phoenix Insight Funds Trust)

AutoNDA by SimpleDocs

Term, Termination and Modification. This Agreement is effective for on the time period indicated on Appendix Adate specified herein and shall remain in effect , unless sooner terminated as provided below in this Paragraph. Subsequent to After the initial term indicated on Appendix stated in Attachment A, this Agreement shall automatically renew for the amount of the Expense Limit term and term applicable to each Fund shall be as disclosed conditions stated in the then current prospectus unless the Adviser provides written notice to the Fund of that Fundthe termination of this Agreement, or the modification of the Fee Waiver specified for a Fund in Appendix A of this Agreement, within 30 days of the end of the then current term. This Agreement shall remain in effect with respect to each Fund (if any) subject to a Voluntary Expense Limitation until such time as specified in a notice of its termination provided by one party to the other party. This Agreement also may be terminated by the Registrant on behalf of any one or more of the Funds Fund 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 the Fund upon termination of the Advisory Agreement with respect to such Fund.

Appears in 1 contract

Samples: Fee Waiver Agreement (Phoenix Opportunities Trust)

Time is Money Join Law Insider Premium to draft better contracts faster.