EFFECTIVENESS AND DURATION Sample Clauses

EFFECTIVENESS AND DURATION. (a) This Agreement shall become effective as of the date hereof and will continue for an initial two-year term and will continue thereafter so long as such continuance is specifically approved at least annually (i) by the Trust’s s Board or (ii) by a vote of a majority of the Shares of the Trust, provided that in either event its continuance also is approved by a majority of the Board members who are not "interested persons" of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. (b) This agreement is terminable, without penalty, on not less than sixty days' notice, by the Board, by vote of a majority of the outstanding voting securities of such Trust, or by AFD. (c) This Agreement will automatically and immediately terminate in the event of its "assignment." (d) AFD agrees to notify the Trust immediately upon the event of AFD’s expulsion or suspension by the NASD. This Agreement will automatically and immediately terminate in the event of AFD’s expulsion or suspension by the NASD.
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EFFECTIVENESS AND DURATION. (a) This Agreement shall become effective as of the date hereof and will continue for an initial two-year term and will continue thereafter so long as such continuance is specifically approved at least annually (i) by the Corporation’s s Board or (ii) by a vote of a majority of the Shares of the Corporation, provided that in either event its continuance also is approved by a majority of the Board members who are not “interested persons” of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. (b) This agreement is terminable, without penalty, on sixty days’ notice, by the Board, by vote of a majority of the outstanding voting securities of such Corporation, or by NLD. (c) This Agreement will automatically and immediately terminate in the event of its “assignment.” (d) NLD agrees to notify the Corporation immediately upon the event of NLD’s expulsion or suspension by FINRA. This Agreement will automatically and immediately terminate in the event of NLD’s expulsion or suspension by FINRA.
EFFECTIVENESS AND DURATION. This Agreement shall be come effective as to any trade upon the later of (i) the date of the execution of this Agreement by all initial parties hereto and (ii) the date of completion of all legal requirements of each country having jurisdiction over the trade. The Agreement shall continue in effect until terminated by unanimous vote or consent of all carrier members. As modified by the carrier members as of November 2, 2016. Austral Asia Line Pte. Ltd. 0, Xxxxxxx Xxxxxxxxx # 00-00 Xxxxxx Xxxxx 0 Xxxxxxxxx 000000 Asia Break Bulk (Singapore) Pte. Ltd. 0 Xxxxxxx Xx. # 12-02 048693 SINGAPORE BBC Chartering Xxxxxxxx XxxX & Xx. XX0 Xxxxxxxxxxxx 00 D-2678 Leer, GERMANY BBC Chartering & Logistic GmbH & Co. KG1 Xxxxxxxxxxxx 00 D-2678 Leer, GERMANY Chipolbrok (Chinese-Polish Joint Stock Shipping Company) 00 Xxxxx Xxxx Xxxx Xxxx Xxxx 000000 Shanghai, CHINA
EFFECTIVENESS AND DURATION. This Agreement shall become effective as of the date of its execution and shall continue in effect for so long as the Trust’s Management Agreement on behalf of the Fund is effective. This Agreement shall terminate automatically upon the termination of the Trust’s Management Agreement on behalf of the Fund or in the event that the Manager no longer serves as the manager to the Fund.
EFFECTIVENESS AND DURATION. (a) This Agreement shall become effective as of the date hereof and will continue for an initial two-year term and will continue thereafter so long as such continuance is specifically approved at least annually (i) by the FUND 's Board or (ii) by a vote of a majority of the Shares of the FUND, provided that in either event its continuance also is approved by a majority of the Board members who are not "interested persons" of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. (b) This agreement is terminable, without penalty, on sixty (60) days' notice, by the Board, by vote of a majority of the outstanding voting securities of such Trust, or on sixty (60) days' notice by CEROS. (c) This Agreement will automatically and immediately terminate in the event of its assignment. (d) CEROS agrees to notify the FUND immediately upon the event CEROS's expulsion or suspension by FINRA. This Agreement will automatically and immediately terminate in the event of CEROS' expulsion or suspension by FINRA.
EFFECTIVENESS AND DURATION. This Agreement shall not become effective unless and until it is approved by the Board, including a majority of trustees who are not parties to this Agreement or interested persons of any such party to this Agreement, and, to the extent required by law, a majority of the outstanding Trust shares of the series representing an interest in the Fund. This Agreement shall come into full force and effect on the date which it is so approved. This Agreement shall continue in effect for two years and shall thereafter continue in effect from year to year so long as such continuance is specifically approved at least annually by: (a) the Board, or by the vote of a majority of the outstanding Trust shares of the series representing an interest in the Fund, and (b) a majority of those trustees who are not parties to this Agreement or interested persons of any such party cast in person at a meeting called for the purpose of voting on such approval.
EFFECTIVENESS AND DURATION. 26.1 This Agreement shall, unless mutually agreed otherwise, be and remain in full force, application and effect from the Effective Date and so long thereafter as the Working Interest Owner(s) continue to own interest in the Licence or any Lease(s) or till a final settlement has been made after the expiration, Surrender, or termination of Petroleum rights under the Rules. 26.2 Any termination or expiration of this Agreement shall be without prejudice to any accrued liabilities, obligations and rights of the Parties and the provisions of this Agreement with respect to confidentiality, indemnification, arbitration and applicable law shall continue to have effect notwithstanding such termination or expiration.
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EFFECTIVENESS AND DURATION. (a) This Agreement may be terminated by either party hereto upon 60 days’ prior written notice to the other party. (b) This Agreement may be terminated upon written notice of one party to the other party hereto in the event of bankruptcy or insolvency of such party to which notice is given. (c) This Agreement may be terminated at any time upon the mutual written consent of the parties hereto. (d) This Agreement will automatically and immediately terminate in the event of its “assignment.” (e) The Company agrees to notify the Trust and the Trustee immediately upon the event of the Company’s expulsion or suspension by FINRA. This Agreement will automatically and immediately terminate in the event of the Company’s expulsion or suspension by FINRA.
EFFECTIVENESS AND DURATION. This Agreement is effective upon the date of execution by both Parties and will remain in effect until Completion of the Project, unless otherwise stated herein or unless amended or terminated.
EFFECTIVENESS AND DURATION. (a) This Agreement shall become effective as of the date hereof and will continue for an initial two-year term and will continue thereafter so long as such continuance is specifically approved at least annually (i) by the Trust’s Board or (ii) by a vote of a majority of the Shares of the Trust, provided that in either event its continuance also is approved by a majority of the Board members who are not ʺinterested personsʺ of any party to this Agreement, by vote cast in person at a meeting called for the purpose of voting on such approval. (b) This agreement is terminable, without penalty, on sixty (60) daysʹ notice, by the Board, by vote of a majority of the outstanding voting securities of such Trust, or by NLD. (c) This Agreement will automatically and immediately terminate in the event of its ʺassignment.ʺ (d) NLD agrees to notify the Trust immediately upon the event of NLD’s expulsion or suspension by FINRA. This Agreement will automatically and immediately terminate in the event of NLD’s expulsion or suspension by FINRA.
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