Common use of Termination by Trust for Cause Clause in Contracts

Termination by Trust for Cause. This Agreement may be terminated by the Trust with respect to the Fund immediately upon notice to each other party in the event that (a) ACS becomes unable for any reason to perform the services contemplated by this Agreement, or (b) the performance by ACS of the services contemplated by this Agreement becomes in the Trust’s reasonable judgment unlawful or becomes unacceptable to the Trust.

Appears in 5 contracts

Samples: Administrative and Shareholder Services Agreement (Sunamerica Income Funds), Administrative and Shareholder Services Agreement (Sunamerica Equity Funds), Administrative and Shareholder Services Agreement (Sunamerica Equity Funds)

AutoNDA by SimpleDocs

Termination by Trust for Cause. This Agreement may be terminated by the Trust with respect as to the any Fund immediately upon notice to each other party in the event that (a) ACS the Service Provider or the Dealer becomes unable for any reason to perform the services contemplated by this Agreement, or (b) the performance by ACS the Service Provider or the Dealer of the services contemplated by this Agreement becomes in the Trust’s 's reasonable judgment unlawful or ceases to satisfy the Trust's reasonable standards and so becomes unacceptable to the Trust.

Appears in 2 contracts

Samples: Administrative Services Agreement (American General Series Portfolio Co 2), Administrative Services Agreement (American General Series Portfolio Co 2)

Termination by Trust for Cause. This Agreement may be terminated by the Trust with respect to the any Fund immediately upon notice to each other party in the event that (a) ACS SACS becomes unable for any reason to perform the services contemplated by this Agreement, or (b) the performance by ACS SACS of the services contemplated by this Agreement becomes in the Trust’s reasonable judgment unlawful or becomes unacceptable to the Trust.

Appears in 2 contracts

Samples: Administrative and Shareholder Services Agreement (Sunamerica Equity Funds), Administrative and Shareholder Services Agreement (Aig Series Trust)

Termination by Trust for Cause. This Agreement may be terminated by the Trust with respect to the Fund immediately upon notice to each other party in the event that (a) ACS SACS becomes unable for any reason to perform the services contemplated by this Agreement, or (b) the performance by ACS SACS of the services contemplated by this Agreement becomes in the Trust’s reasonable judgment unlawful or becomes unacceptable to the Trust.

Appears in 2 contracts

Samples: Administrative and Shareholder Services Agreement (SunAmerica Specialty Series), Administrative and Shareholder Services Agreement (SunAmerica Specialty Series)

AutoNDA by SimpleDocs

Termination by Trust for Cause. This Agreement may be terminated by the Trust with respect to the Fund immediately upon notice to each other party in the event that (a) ACS AIG SACS becomes unable for any reason to perform the services contemplated by this Agreement, or (b) the performance by ACS AIG SACS of the services contemplated by this Agreement becomes in the Trust’s reasonable judgment unlawful or becomes unacceptable to the Trust.

Appears in 1 contract

Samples: Administrative and Shareholder Services Agreement (Aig Series Trust)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!