Termination at End of Term. This Agreement may be terminated by either party hereto, without payment of any penalty, at the end of a then-current term upon written notice thirty (30) days prior to the end of such then-current term of the Agreement to the other party at its principal place of business; provided that, in the case of termination by the Trust, such action shall be authorized by resolution of a majority of the Non-Interested Trustees of the Trust or by a vote of a majority of the outstanding voting securities of the Trust. Any termination pursuant to this paragraph 2 shall become effective, unless otherwise specifically agreed upon, on the last day of the then-current term of the Agreement.
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Samples: Expense Limitation Agreement (Cornercap Group of Funds /Va/), Expense Limitation Agreement (Cornercap Group of Funds /Va/)
Termination at End of Term. This Agreement may be terminated by either party hereto, without payment of any penalty, at the end of a then-current term upon written notice thirty (30) days prior to the end of such then-current term of the Agreement to the other party at its principal place of business; provided that, in the case of termination by the Trust, such action shall be authorized by resolution of a majority of the Non-Interested Trustees of the Trust or by a vote of a majority of the outstanding voting securities of the Trust. Any termination pursuant to this paragraph 2 shall become effective, unless otherwise specifically agreed upon, on the last day of the then-current cur-ient term of the Agreement.
Appears in 1 contract
Samples: Expense Limitation Agreement (Cornercap Group of Funds /Va/)
Termination at End of Term. This Agreement may be terminated by either party hereto, without payment of any penalty, at the end of a then-current term upon written notice thirty (30) days prior to the end of such then-current term of the Agreement to the other party at at. its principal place of business; provided that, in the case of termination by the Trust, such action shall be authorized by resolution of a majority of the Non-Interested Trustees of the Trust or by a vote of a majority of the outstanding voting securities of the Trust. Any termination pursuant to this paragraph 2 shall become effective, unless otherwise specifically agreed upon, on the last day of the then-current term of the Agreement.
Appears in 1 contract
Samples: Expense Limitation Agreement (Cornercap Group of Funds /Va/)
Termination at End of Term. This Agreement may be terminated by either party hereto, without payment of any penalty, at the end of a then-current term upon written notice thirty (30) days prior to the end of such then-current term of the Agreement to the other party at its principal place of business; provided that, in the case of termination by the Trust, such action shall be authorized by resolution of a majority of the Non-Interested Trustees of the Trust or by a vote of a majority of the outstanding voting securities of the Trust. Any termination pursuant to this paragraph 2 shall become effective, unless otherwise specifically agreed upon, . on the last day of the then-current term of the Agreement.
Appears in 1 contract
Samples: Expense Limitation Agreement (Cornercap Group of Funds /Va/)