Common use of Use of Subsidiaries and Affiliates Clause in Contracts

Use of Subsidiaries and Affiliates. The Sub-Adviser may perform any or all of the services contemplated hereunder, including but not limited to providing investment advice to the Funds pursuant to paragraph 2(a) above and placing orders for the purchase and sale of portfolio securities or other investments for the Funds pursuant to paragraph 2(b) above, directly or through such of its subsidiaries or other affiliates, as such Sub-Adviser shall determine; provided, however, that performance of such services through such subsidiaries or other affiliates shall have been approved, when required by the 1940 Act, by (i) a vote of a majority of the independent Trustees who are not parties to this Contract or “interested persons” (as defined in the 0000 Xxx) of a party to this Contract, other than as Board members (“Independent Trustees”), cast in person at a meeting called for the purpose of voting on such approval, and/or (ii) a vote of a majority of that Fund’s outstanding voting securities.

Appears in 14 contracts

Samples: Sub Advisory Contract (Aim Counselor Series Trust (Invesco Counselor Series Trust)), Sub Advisory Contract (Aim Counselor Series Trust (Invesco Counselor Series Trust)), Sub Advisory Contract (Aim Sector Funds (Invesco Sector Funds))

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Use of Subsidiaries and Affiliates. The Sub-Adviser Advisor may perform any or all of the services contemplated hereunder, including but not limited to providing investment advice to the Funds Fund pursuant to paragraph 2(a) above and placing orders for the purchase and sale of portfolio securities or other investments for the Funds Fund pursuant to paragraph 2(b) above, directly or through such of its subsidiaries or other affiliates, as such the Sub-Adviser Advisor shall determine; provided, however, that performance of such services through such subsidiaries or other affiliates shall have been approved, when required by the 1940 Act, by (i) a vote of a majority of the independent Trustees who are not parties to this Contract or “interested persons” (as defined in the 0000 Xxx) of a party to this Contract, other than as Board members (“Independent Trustees”), cast in person at a meeting called for the purpose of voting on such approval, and/or (ii) a vote of a majority of that the Fund’s outstanding voting securities.

Appears in 9 contracts

Samples: Sub Advisory Contract (Aim Sector Funds (Invesco Sector Funds)), Sub Advisory Contract (Invesco Exchange Fund), Sub Advisory Contract (Aim Investment Securities Funds (Invesco Investment Securities Funds))

Use of Subsidiaries and Affiliates. The Sub-Adviser Advisor may perform any or all of the services contemplated hereunder, including but not limited to providing investment advice to the Funds Fund pursuant to paragraph 2(a) above and placing orders for the purchase and sale of portfolio securities or other investments for the Funds Fund pursuant to paragraph 2(b) above, directly or through such of its subsidiaries or other affiliates, as such the Sub-Adviser Advisor shall determine; provided, however, that performance of such services through such subsidiaries or other affiliates shall have been approved, when required by the 1940 Act, by (i) a vote of a majority of the independent Trustees who are not parties to this Contract or "interested persons" (as defined in the 0000 Xxx) of a party to this Contract, other than as Board members ("Independent Trustees"), cast in person at a meeting called for the purpose of voting on such approval, and/or (ii) a vote of a majority of that the Fund’s 's outstanding voting securities.

Appears in 8 contracts

Samples: Sub Advisory Contract (Short Term Investments Trust), Sub Advisory Contract (Aim Treasurers Series Trust (Invesco Treasurer's Series Trust)), Sub Advisory Contract (Aim Investment Securities Funds (Invesco Investment Securities Funds))

Use of Subsidiaries and Affiliates. The Sub-Adviser may perform any or all of the services contemplated hereunder, including but not limited to providing investment advice to the Funds Fund pursuant to paragraph 2(a) above and placing orders for the purchase and sale of portfolio securities or other investments for the Funds Fund pursuant to paragraph 2(b) above, directly or through such of its subsidiaries or other affiliates, as such the Sub-Adviser shall determine; provided, however, that performance of such services through such subsidiaries or other affiliates shall have been approved, when required by the 1940 Act, by (i) a vote of a majority of the independent Trustees who are not parties to this Contract or “interested persons” (as defined in the 0000 Xxx) of a party to this Contract, other than as Board members (“Independent Trustees”), cast in person at a meeting called for the purpose of voting on such approval, and/or (ii) a vote of a majority of that the Fund’s outstanding voting securities.

Appears in 1 contract

Samples: Sub Advisory Contract (Aim Counselor Series Trust (Invesco Counselor Series Trust))

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Use of Subsidiaries and Affiliates. The Sub-Adviser Advisor may perform any or all of the services contemplated hereunder, including but not limited to providing investment advice to the Funds Fund pursuant to paragraph 2(a) above and placing orders for the purchase and sale of portfolio securities or other investments for the Funds Fund pursuant to paragraph 2(b) above, directly or through such of its subsidiaries or other affiliates, as such the Sub-Adviser Advisor shall determine; provided, however, that performance of such services through such subsidiaries or other affiliates shall have been approved, when required by the 1940 Act, by (i) a vote of a majority of the independent Trustees who are not parties to this Contract or "interested persons" (as defined in the 0000 Xxx1940 Act) of a party to this Contract, other than as Board members membexx (“Independent "Xxxependent Trustees"), cast in person at a meeting called for the purpose of voting on such approval, and/or (ii) a vote of a majority of that the Fund’s 's outstanding voting securities.

Appears in 1 contract

Samples: Aim Investment Funds (Invesco Investment Funds)

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