XXXXXXXXX OF INTERPRETATION. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from a term or provision of the 1940 Act shall be resolved by reference to such term or provision of the 1940 Act and to interpretations thereof, if any, by the United States Courts or in the absence of any controlling decision of any such court, by rules, regulations or orders of the Securities and Exchange Commission issued pursuant to said Act. In addition, where the effect of a requirement of the 1940 Act reflected in the provision of this Agreement is revised by rule, regulation or order of the Securities and Exchange Commission, such provision shall be deemed to incorporate the effect of such rule, regulation or order.
Appears in 3 contracts
Samples: Management/Investment Advisory Agreement (Cortland Trust Inc), Management/Investment Advisory Agreement (Cortland Trust Inc), Management/Investment Advisory Agreement (Cortland Trust Inc)
XXXXXXXXX OF INTERPRETATION. Any question of interpretation of any term or provision of this Agreement having a counterpart in or otherwise derived from a term or provision of the 1940 Act shall be resolved by reference to such term or provision of the 1940 Act and to interpretations thereof, if any, by the United States Courts courts or in the absence of any controlling decision of any such court, by rules, regulations or orders of the Securities and Exchange Commission issued pursuant to said the 1940 Act. In addition, where the effect of a requirement of the 1940 Act reflected in the any provision of this Agreement is revised by rule, regulation or order of the Securities and Exchange Commission, such provision shall be deemed to incorporate the effect of such rule, regulation or order.
Appears in 2 contracts
Samples: Sub Advisory Agreement (Nations Institutional Reserves), Interim Sub Advisory Agreement (Nations Master Investment Trust)