Common use of THIRTEENTH Clause in Contracts

THIRTEENTH. This Agreement may be terminated with respect to any Fund at any time, without the payment of any penalty, by vote of the Board of Trustees of the Trust or by vote of a majority of the outstanding voting securities of the applicable Fund, or by the Distributor, on sixty (60) days' written notice to the other party.

Appears in 3 contracts

Samples: Distribution Agreement (Axa Premier Funds Trust), Distribution Agreement (Axa Premier Funds Trust), Distribution Agreement (Axa Premier Funds Trust)

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THIRTEENTH. This Agreement may be terminated with respect to any the Fund at any time, without the payment of any penalty, by vote of the Board of Trustees Directors of the Trust Corporation or by vote of a majority of the outstanding voting securities of the applicable Fund, or by the Distributor, on sixty (60) days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment, the term “assignment” having the meaning set forth in Section 2(a)(4) of the 1940 Act.

Appears in 1 contract

Samples: Distribution Agreement (787 Fund, Inc.)

THIRTEENTH. This Agreement may be terminated with respect to any the Fund at any time, without the payment of any penalty, by vote of the Board of Trustees of the Trust or by vote of a majority of the outstanding voting securities of the applicable Fund, or by the Distributor, on sixty (60) days' written notice to the other party.

Appears in 1 contract

Samples: Distribution Agreement (Equitable Trust/Ny/)

THIRTEENTH. This Agreement may be terminated with respect to any the Fund at any time, without the payment of any penalty, by vote of the Board of Trustees of the Trust or by vote of a majority of the outstanding voting securities of the applicable Fund, or by the Distributor, on sixty (60) days' written notice to the other party.

Appears in 1 contract

Samples: Distribution Agreement (Equitable Trust/Ny/)

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THIRTEENTH. This Agreement may be terminated with respect to any Fund at any time, without the payment of any penalty, by vote of the Board of Trustees Directors of the Trust Corporation or by vote of a majority of the outstanding voting securities of the applicable Fund, or by the Distributor, on sixty (60) days' written notice to the other party. This Agreement shall automatically terminate in the event of its assignment, the term “assignment” having the meaning set forth in Section 2(a)(4) of the 1940 Act.

Appears in 1 contract

Samples: Distribution Agreement (787 Fund, Inc.)

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