Common use of Termination Upon Assignment Clause in Contracts

Termination Upon Assignment. This Agreement may not be assigned by MAM and shall automatically terminate upon any such assignment; except that MAM may assign or transfer its interest herein to a wholly-owned subsidiary of MAM, or to another entity operated substantially under common control with MAM, provided MAM represents to the Funds that substantial continuity of management, personnel and services previously available to the Funds will be maintained following such assignment or transfer and that the Trustees of the Trust (including a majority of the Trustees who are not interested persons of the Trust) accept such representation. Nothing herein shall limit the right of MAM to obtain goods and services from other persons as described in Section 2 above.

Appears in 4 contracts

Samples: Services Agreement (Ultra Series Fund), Services Agreement (Ultra Series Fund), Services Agreement (Ultra Series Fund)

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Termination Upon Assignment. This Agreement may not be assigned by MAM and shall automatically terminate upon any such assignment; except that MAM may assign or transfer its interest herein to a wholly-owned subsidiary of MAM, or to another entity operated substantially under common control with MAM, provided MAM represents to the Funds Trust that substantial continuity of management, personnel and services previously available to the Funds Trust will be maintained following such assignment or transfer and that the Trustees of the Trust (including a majority of the Trustees who are not interested persons of the Trust) accept such representation. Nothing herein shall limit the right of MAM to obtain goods and services from other persons as described in Section 2 above.

Appears in 3 contracts

Samples: Services Agreement (Madison Covered Call & Equity Strategy Fund), Amended and Restated Services Agreement (Members Mutual Funds), Amended and Restated Services Agreement (Members Mutual Funds)

Termination Upon Assignment. This Agreement may not be assigned by MAM and shall automatically terminate upon any such assignment; except that MAM may assign or transfer its interest herein to a wholly-owned subsidiary of MAM, or to another entity operated substantially under common control with MAM, provided MAM represents to the Funds Trust in writing that substantial continuity of management, personnel and services previously available to the Funds Trust will be maintained following such assignment or transfer and that the Trustees of the Trust (including a majority of the Trustees who are not interested persons of the Trust) accept such representation. Nothing herein shall limit the right of MAM to obtain goods and services from other persons as described in Section 2 above.

Appears in 2 contracts

Samples: Services Agreement (Members Mutual Funds), Services Agreement (Members Mutual Funds)

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Termination Upon Assignment. This Agreement may not be assigned by MAM and shall automatically terminate upon any such assignment; except that MAM may assign or transfer its interest herein to a wholly-owned subsidiary of MAM, or to another entity operated substantially under common control with MAM, provided MAM represents to the Funds Trust in writing that substantial continuity of management, personnel and services previously available to the Funds Trust will be maintained following such assignment or transfer and that the Trustees of the Trust (including a majority of the Trustees who are not interested persons of the Trust) accept such representation. Nothing herein shall limit the right of MAM to obtain goods and services from other persons as described in Section 2 abovepersons.

Appears in 1 contract

Samples: Limited Services Agreement (Ultra Series Fund)

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