TWELFTH. This Agreement shall become effective with respect to the Shares of each Portfolio upon its approval by the Board of Trustees or Board of Directors of the fund and by a vote of the majority of the trustees or directors of the Fund who are not interested parties to this Agreement or "interested persons" (as defined in Section 2(a)(19) of the 1940 Act) of any party to this Agreement cast in person at a meetixx xxxxxd for such purpose, shall continue in force and effect until June 30, 2004, and shall continue in force and effect from year to year thereafter, provided, that such continuance is specifically approved with respect to the Shares of each Portfolio at least annually (a)(i) by the Board of Trustees or Board of Directors of the Fund or (ii) by the vote of a majority of the outstanding Shares of such class of such Portfolio (as defined in Section 2(a)(42) of the 1940 Act), and (b) by vote of a majority of the trustees or directors of the Fund who are not parties to this Agreement or "interested persons" (as defined in Section 2(a)(19) of the 1940 Act) of any party to this Agreement cast in person at a meetixx xxxxxd for such purpose.
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Samples: Master Distribution Agreement (Aim International Mutual Funds), Master Distribution Agreement (Aim Investment Funds), Master Distribution Agreement (Aim Counselor Series Funds Inc)
TWELFTH. This Agreement shall become effective with respect to the Shares of each Portfolio upon its approval by the Board of Trustees or Board of Directors of the fund and by a vote of the majority of the trustees or directors of the Fund who are not interested parties to this Agreement or "interested persons" (as defined in Section 2(a)(19) of the 1940 Act0000 Xxx) of any party to this Agreement cast in person at a meetixx xxxxxd meeting called for such purpose, shall continue in force and effect until June 30, 20042007, and shall continue in force and effect from year to year thereafter, provided, that such continuance is specifically approved with respect to the Shares of each Portfolio at least annually (a)(i) by the Board of Trustees or Board of Directors of the Fund or (ii) by the vote of a majority of the outstanding Shares of such class of such Portfolio (as defined in Section 2(a)(42) of the 1940 Act), and (b) by vote of a majority of the trustees or directors of the Fund who are not parties to this Agreement or "interested persons" (as defined in Section 2(a)(19) of the 1940 Act0000 Xxx) of any party to this Agreement cast in person at a meetixx xxxxxd meeting called for such purpose.
Appears in 5 contracts
Samples: Master Distribution Agreement (Aim Counselor Series Trust), Master Distribution Agreement (Aim Counselor Series Trust), Master Distribution Agreement (Aim Special Opportunities Funds)
TWELFTH. This Agreement shall become effective with respect to the Shares of each Portfolio upon its approval by the Board of Trustees or Board of Directors of the fund and by a vote of the majority of the trustees or directors of the Fund who are not interested parties to this Agreement or "interested persons" (as defined in Section 2(a)(19) of the 1940 Act0000 Xxx) of any party to this Agreement cast in person at a meetixx xxxxxd meeting called for such purpose, shall continue in force and effect until June 30, 2004, and shall continue in force and effect from year to year thereafter, provided, that such continuance is specifically approved with respect to the Shares of each Portfolio at least annually (a)(i) by the Board of Trustees or Board of Directors of the Fund or (ii) by the vote of a majority of the outstanding Shares of such class of such Portfolio (as defined in Section 2(a)(42) of the 1940 Act), and (b) by vote of a majority of the trustees or directors of the Fund who are not parties to this Agreement or "interested persons" (as defined in Section 2(a)(19) of the 1940 Act0000 Xxx) of any party to this Agreement cast in person at a meetixx xxxxxd meeting called for such purpose.
Appears in 3 contracts
Samples: Master Distribution Agreement (Aim Tax Exempt Funds), Master Distribution Agreement (Aim Combination Stock & Bond Funds Inc), Master Distribution Agreement (Aim Summit Fund)
TWELFTH. This Agreement shall become effective with respect to the Shares of each Portfolio upon its approval by the Board of Trustees or Board of Directors of the fund and by a vote of the majority of the trustees or directors of the Fund who are not interested parties to this Agreement or "“interested persons" ” (as defined in Section 2(a)(19) of the 1940 Act0000 Xxx) of any party to this Agreement cast in person at a meetixx xxxxxd meeting called for such purpose, shall continue in force and effect until June 30, 20042007, and shall continue in force and effect from year to year thereafter, provided, that such continuance is specifically approved with respect to the Shares of each Portfolio at least annually (a)(i) by the Board of Trustees or Board of Directors of the Fund or (ii) by the vote of a majority of the outstanding Shares of such class of such Portfolio (as defined in Section 2(a)(42) of the 1940 Act), and (b) by vote of a majority of the trustees or directors of the Fund who are not parties to this Agreement or "“interested persons" ” (as defined in Section 2(a)(19) of the 1940 Act0000 Xxx) of any party to this Agreement cast in person at a meetixx xxxxxd meeting called for such purpose.. THIRTEENTH:
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