We use cookies on our site to analyze traffic, enhance your experience, and provide you with tailored content.

For more information visit our privacy policy.

Common use of TWELFTH Clause in Contracts

TWELFTH. This Agreement may be terminated with respect to the Shares of 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 Shares of such Fund, or by the Distributor, on sixty (60) days’ written notice to the other party; and

Appears in 26 contracts

Samples: Master Distribution Agreement (PowerShares Exchange-Traded Self-Indexed Fund Trust), Master Distribution Agreement (PowerShares Exchange-Traded Fund Trust II), Master Distribution Agreement (Powershares Exchange Traded Fund Trust)

AutoNDA by SimpleDocs

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

Appears in 5 contracts

Samples: Distribution Agreement (Ameritor Security Trust), Distribution Agreement (Ameritor Investment Fund), Distribution Agreement (Dominion Funds Inc)

TWELFTH. This Agreement may be terminated with respect to the Shares of any Fund Portfolio at any time, without the payment of any penalty, by vote of the Board of Trustees of the Trust Fund or by vote of a majority of the outstanding Shares of such Fundclass of such Portfolio, or by the Distributor, on sixty (60) days' written notice to the other party; and

Appears in 2 contracts

Samples: Master Distribution Agreement (AIM Core Allocation Portfolio Series), Master Distribution Agreement (AIM Core Allocation Portfolio Series)

TWELFTH. This Agreement may be terminated with respect to the Shares of 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 Shares voting securities of such each Fund, or by the Distributor, on sixty (60) days' written notice to the other party; and.

Appears in 2 contracts

Samples: Master Distribution Agreement (Aim Variable Insurance Funds), Master Distribution Agreement (Aim Variable Insurance Funds)

AutoNDA by SimpleDocs

TWELFTH. This Agreement may be terminated with respect to the Shares of any Fund at any time, without the payment of any penalty, by vote of the Board of Trustees Directors of the Trust Company or by vote of a majority of the outstanding Shares voting securities of such each Fund, or by the Distributor, on sixty (60) days’ written notice to the other party; and.

Appears in 1 contract

Samples: Master Distribution Agreement (Invesco Variable Investment Funds Inc)

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