0001133228-20-007047 Sample Contracts

AMERICAN BEACON FUNDS AMERICAN BEACON SELECT FUNDS SEVENTEENTH AMENDMENT TO Management Agreement
Management Agreement • October 28th, 2020 • American Beacon Funds

The attached amended and restated Schedule B to remove the American Beacon Crescent Short Duration High Income Fund is hereby incorporated into the Management Agreement dated April 4, 2016, as amended, by and between the American Beacon Funds and the American Beacon Select Funds, each a Massachusetts business trust (each, a “Trust”), on behalf of each Fund of a Trust listed on Schedule B hereto, as may be amended from time to time (each, a “Fund”), and American Beacon Advisors, Inc., a Delaware corporation, and supersedes any prior Schedule B to the Agreement.

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TO SUB-ADMINISTRATIVE SERVICES FEE AGREEMENT
Sub-Administrative Services Fee Agreement • October 28th, 2020 • American Beacon Funds

This Ninth Amendment (“Amendment”) to the Sub-Administrative Services Fee Agreement dated April 30, 2017 (“Agreement”) by and between the American Beacon Funds and the American Beacon Select Funds, each a Massachusetts business trust, the American Beacon Institutional Funds Trust, the American Beacon Sound Point Enhanced Income Fund and the American Beacon Apollo Total Return Fund, each a Delaware statutory trust, (collectively, the “Trusts”), and American Beacon Advisors, Inc., a Delaware corporation (the “Manager”) is effective as of September 30, 2020. Capitalized terms used in this Amendment without definition shall have the respective meanings ascribed to such terms in the Agreement (as defined below).

TO SUB-ADMINISTRATIVE SERVICES FEE AGREEMENT
Sub-Administrative Services Fee Agreement • October 28th, 2020 • American Beacon Funds

This Sixth Amendment (“Amendment”) to the Sub-Administrative Services Fee Agreement dated April 30, 2020 by and between the American Beacon Funds and the American Beacon Select Funds, each a Massachusetts business trust, the American Beacon Institutional Funds Trust, the American Beacon Sound Point Enhanced Income Fund and the American Beacon Apollo Total Return Fund, each a Delaware statutory trust, (collectively, the “Trusts”), and American Beacon Advisors, Inc., a Delaware corporation (the “Manager”) is effective as of April 30, 2020. Capitalized terms used in this Amendment without definition shall have the respective meanings ascribed to such terms in the Agreement (as defined below).

To Transfer Agency and Service Agreement Between DST Asset Manager Solutions, Inc. And American Beacon Funds American Beacon Select Funds American Beacon Institutional Funds Trust
American Beacon Funds • October 28th, 2020

This Amendment is made as of this 27th day of October 2020, by DST Asset Manager Solutions, Inc. (the “Transfer Agent”) and each of American Beacon Funds, American Beacon Select Funds, and American Beacon Institutional Funds Trust (each a “Fund”, collectively the “Funds”). In accordance with Section 15 (Additional Funds/Portfolios) and Sections 16.1 and/or 17 (Amendment) of the Transfer Agency and Service Agreements between American Beacon Funds and the Transfer Agent dated January 1, 1998, as amended, between American Beacon Select Funds and the Transfer Agent dated December 31, 1999, as amended and between American Beacon Institutional Funds Trust and the Transfer Agent dated March 22, 2017, as amended (together, the “Agreements”), the parties desire to amend each Agreement as set forth herein.

TO SUB-ADMINISTRATIVE SERVICES FEE AGREEMENT
Sub-Administrative Services Fee Agreement • October 28th, 2020 • American Beacon Funds

This Eighth Amendment (“Amendment”) to the Sub-Administrative Services Fee Agreement dated April 30, 2017 (“Agreement”) by and between the American Beacon Funds and the American Beacon Select Funds, each a Massachusetts business trust, the American Beacon Institutional Funds Trust, the American Beacon Sound Point Enhanced Income Fund and the American Beacon Apollo Total Return Fund, each a Delaware statutory trust, (collectively, the “Trusts”), and American Beacon Advisors, Inc., a Delaware corporation (the “Manager”) is effective as of September 10, 2020. Capitalized terms used in this Amendment without definition shall have the respective meanings ascribed to such terms in the Agreement (as defined below).

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