Common use of TWELFTH Clause in Contracts

TWELFTH. This Agreement shall become effective with respect to each Portfolio as of the date hereof, shall continue in force and effect until February 28, 1999, and shall continue in force and effect from year to year thereafter, provided, that such continuance is specifically approved with respect to such Portfolio at least annually (a)(i) by the Board of Trustees of the Company or (ii) by the vote of a majority of the outstanding voting securities (as defined in Section 2(a)(42) of the 1940 Act), and (b) by vote of a majority of the Company's trustees who are not parties to this Agreement or "interested persons" (as defined in Section 2(a)(19) of the 1940 Xxx) xx any party to this Agreement cast in person at a meeting called for such purpose.

Appears in 3 contracts

Samples: Master Distribution Agreement (Aim Funds Group/De), Master Distribution Agreement (Aim Funds Group/De), Master Distribution Agreement (Aim Funds Group/De)

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TWELFTH. This Agreement shall become effective with respect to each Portfolio Fund as of the date hereof, shall continue in force and effect until February 28November 30, 19992003, and shall continue in force and effect from year to year thereafter, provided, that such continuance is specifically approved with respect to such Portfolio Fund at least annually (a)(i) by the Board of Trustees of the Company Trust or (ii) by the vote of a majority of the outstanding voting securities (as defined in Section 2(a)(42) of the 1940 Act), and (b) by vote of a majority of the CompanyTrust's trustees who are not parties to this Agreement or "interested persons" (as defined in Section 2(a)(19) of the 1940 0000 Xxx) xx of any party to this Agreement cast in person at a meeting called for such purpose.

Appears in 3 contracts

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

TWELFTH. This Agreement shall become effective with respect to each Portfolio the Fund as of the date hereof, shall continue in force and effect until February 28__________, 19992003, and shall continue in force and effect from year to year thereafter, provided, that such continuance is specifically approved with respect to such Portfolio the Fund at least annually (a)(i) by the Board of Trustees of the Company Trust or (ii) by the vote of a majority of the outstanding voting securities (as defined in Section 2(a)(42) of the 1940 Act), and (b) by vote of a majority of the CompanyTrust's trustees who are not parties to this Agreement or "interested persons" (as defined in Section 2(a)(19) of the 1940 0000 Xxx) xx of any party to this Agreement cast in person at a meeting called for such purpose.

Appears in 2 contracts

Samples: Distribution Agreement (Equitable Trust/Ny/), Investment Advisory Agreement (Equitable Trust/Ny/)

TWELFTH. This Agreement shall become effective with respect to each Portfolio Fund as of the date hereof, shall continue in force and effect until February 28May 14, 19992003, and shall continue in force and effect from year to year thereafter, provided, that such continuance is specifically approved with respect to such Portfolio Fund at least annually (a)(i) by the Board of Trustees of the Company Trust or (ii) by the vote of a majority of the outstanding voting securities (as defined in Section 2(a)(42) of the 1940 Act), and (b) by vote of a majority of the CompanyTrust's trustees who are not parties to this Agreement or "interested persons" (as defined in Section 2(a)(19) of the 1940 0000 Xxx) xx of any party to this Agreement cast in person at a meeting called for such purpose.

Appears in 2 contracts

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

TWELFTH. This Agreement shall become effective with respect to each Portfolio the Fund as of the date hereof, shall continue in force and effect until February 28May 14, 19992003, and shall continue in force and effect from year to year thereafter, provided, that such continuance is specifically approved with respect to such Portfolio the Fund at least annually (a)(i) by the Board of Trustees of the Company Trust or (ii) by the vote of a majority of the outstanding voting securities (as defined in Section 2(a)(42) of the 1940 Act), and (b) by vote of a majority of the CompanyTrust's trustees who are not parties to this Agreement or "interested persons" (as defined in Section 2(a)(19) of the 1940 0000 Xxx) xx of any party to this Agreement cast in person at a meeting called for such purpose.

Appears in 2 contracts

Samples: Distribution Agreement (Equitable Trust/Ny/), Distribution Agreement (Equitable Trust/Ny/)

TWELFTH. This Agreement shall become effective with respect to each Portfolio as of the date hereof, shall continue in force and effect until February 28May 29, 1999, and shall continue in force and effect from year to year thereafter, provided, that such continuance is specifically approved with respect to such Portfolio at least annually (a)(i) by the Board of Trustees of the Company or (ii) by the vote of a majority of the outstanding voting securities (as defined in Section 2(a)(42) of the 1940 Act), and (b) by vote of a majority of the Company's trustees who are not parties to this Agreement or "interested persons" (as defined in Section 2(a)(19) of the 1940 0000 Xxx) xx of any party to this Agreement cast in person at a meeting called for such purpose.

Appears in 2 contracts

Samples: Distribution Agreement (Aim Growth Series), Distribution Agreement (Aim Series Trust)

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TWELFTH. This Agreement shall become effective with respect to each Portfolio Fund as of the date hereof, shall continue in force and effect until February 28__________, 19992003, and shall continue in force and effect from year to year thereafter, provided, that such continuance is specifically approved with respect to such Portfolio Fund at least annually (a)(i) by the Board of Trustees of the Company Trust or (ii) by the vote of a majority of the outstanding voting securities (as defined in Section 2(a)(42) of the 1940 Act), and (b) by vote of a majority of the CompanyTrust's trustees who are not parties to this Agreement or "interested persons" (as defined in Section 2(a)(19) of the 1940 0000 Xxx) xx of any party to this Agreement cast in person at a meeting called for such purpose.

Appears in 2 contracts

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

TWELFTH. This Agreement shall become effective with respect to each Portfolio the Fund as of the date hereof, shall continue in force and effect until February 28, 1999for two years thereafter, and shall continue in force and effect from year to year thereafter, provided, that such continuance is specifically approved with respect to such Portfolio the Fund at least annually (a)(i) by the Board of Trustees Directors of the Company Fund or (ii) by the vote of a majority of the outstanding voting securities (as defined in Section 2(a)(42) of the 1940 Act), and (b) by vote of a majority of the CompanyFund's trustees directors who are not parties to this Agreement or "interested persons" (as defined in Section 2(a)(19) of the 1940 Xxx) xx any party to this Agreement cast in person at a meeting called for such purpose.. THIRTEENTH:

Appears in 1 contract

Samples: Distribution Agreement (Aim Floating Rate Fund)

TWELFTH. This Agreement shall become effective with respect to each Portfolio as of the date hereof, shall continue in force and effect until February 28June 30, 19992001, and shall continue in force and effect from year to year thereafter, provided, that such continuance is specifically approved with respect to such Portfolio at least annually (a)(i) by the Board of Trustees of the Company or (ii) by the vote of a majority of the outstanding voting securities (as defined in Section 2(a)(42) of the 1940 Act), and (b) by vote of a majority of the Company's trustees who are not parties to this Agreement or "interested persons" (as defined in Section 2(a)(19) of the 1940 XxxAct ) xx of any party to this Agreement cast in person at a meeting called for such purpose.

Appears in 1 contract

Samples: Distribution Agreement (Aim Series Trust)

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