Common use of Termination or Assignment Clause in Contracts

Termination or Assignment. This Agreement shall be effective as of the date that the Issuer transfers immediately available funds into the Custodial Account for management hereunder. It shall remain in full force and effect until such time that the Issuer's obligations under the Face Amount Certificate have been paid in full and control over any remaining Securities in the Portfolio has been transferred to the Issuer, or any successor thereto. No assignment (as such term is defined in the Investment Company Act of 1940, as amended) of this Agreement shall be made by the Portfolio Manager without the prior written consent of the other parties to this Agreement or as otherwise provided in Section 13 below.

Termination or Assignment. This Agreement shall be effective as of the date that the Issuer transfers immediately available funds into the Custodial Account for management hereunder. It shall remain in full force and effect until such time that the Issuer's obligations under the Face Face-Amount Certificate have been paid in full and control over any remaining Securities in the Portfolio has been transferred to the Issuer, or any successor thereto. No assignment (as such term is defined in the Investment Company Act of 1940, as amendedAct) of this Agreement shall be made by the Portfolio Manager without the prior written consent of the other parties to this Agreement or as otherwise provided in Section 13 below.