Common use of Effective Date, Term and Approval Clause in Contracts

Effective Date, Term and Approval. This Agreement shall become effective with respect to the Trust, if approved by the shareholders of the Trust, on the date indicated above. If so approved, this Agreement shall thereafter continue in force and effect until June 30, 2021, and may be continued from year to year thereafter, provided that the continuation of the Agreement is specifically approved at least annually: (a) (i) by the Board of Trustees or (ii) by the vote of “a majority of the outstanding voting securities” of the Trust (as defined in Section 2(a)(42) of the 1940 Act); and (b) by the affirmative vote of a majority of the trustees who are not parties to this Agreement or “interested persons” (as defined in the 1940 Act) of a party to this Agreement (other than as trustees of the Trust), by votes cast in person at a meeting specifically called for such purpose.

Appears in 2 contracts

Sources: Master Investment Advisory Agreement (Invesco Municipal Income Opportunities Trust), Master Investment Advisory Agreement (Invesco Senior Income Trust)

Effective Date, Term and Approval. This Agreement shall become effective with respect to the Trusta Fund, if approved by the shareholders of the Trustsuch Fund, on the date indicated aboveEffective Date for such Fund, as set forth in Schedule A attached hereto. If so approved, this Agreement shall thereafter continue in force and effect until June 30, 20212001, and may be continued from year to year thereafter, provided that the continuation of the Agreement is specifically approved at least annually: (a) (i) by the Board of Trustees or (ii) by the vote of "a majority of the outstanding voting securities" of the Trust such Fund (as defined in Section 2(a)(42) of the 1940 Act); and (b) by the affirmative vote of a majority of the trustees who are not parties to this Agreement or "interested persons" (as defined in the 1940 Act▇▇▇) of ▇▇ a party to this Agreement (other than as trustees of the TrustTrust trustees), by votes cast in person at a meeting specifically called for such purpose.

Appears in 2 contracts

Sources: Master Investment Advisory Agreement (Aim Funds Group/De), Master Investment Advisory Agreement (Aim Tax Exempt Funds)

Effective Date, Term and Approval. This Agreement shall become effective with respect to the Trust, if approved by the shareholders of the Trust, on the date indicated above. If so approved, this Agreement shall thereafter continue in force and effect until June 30, 2021two years after the date indicated above, and may be continued from year to year thereafter, provided that the continuation of the Agreement is specifically approved at least annually: (a) (i) by the Board of Trustees or (ii) by the vote of "a majority of the outstanding voting securities" of the Trust (as defined in Section 2(a)(42) of the 1940 Act); and (b) by the affirmative vote of a majority ▇▇▇▇▇▇▇▇ of the trustees who are not parties to this Agreement or "interested persons" (as defined in the 1940 Act) of a party to this Agreement (other than as trustees t▇▇▇▇▇▇▇ of the Trust), by votes cast in person at a meeting specifically called for such purpose.

Appears in 1 contract

Sources: Master Investment Advisory Agreement (Invesco Van Kampen Senior Loan Fund)

Effective Date, Term and Approval. This Agreement shall become effective with respect to the Trust, if approved by the shareholders of the Trust, on the date indicated above. If so approved, this Agreement shall thereafter continue in force and effect until June 30, 2021two years after the date indicated above, and may be continued from year to year thereafter, provided that the continuation of the Agreement is specifically approved at least annually: (a) (i) by the Board of Trustees or (ii) by the vote of "a majority of the outstanding voting securities" of the Trust (as defined in Section 2(a)(42) of the 1940 Act); and (b) by the affirmative vote of a majority ▇▇▇▇▇▇▇y of the trustees who are not parties to this Agreement or "interested persons" (as defined in the 1940 Act) of a party to this Agreement (other than as trustees of ▇▇ the Trust), by votes cast in person at a meeting specifically called for such purpose.

Appears in 1 contract

Sources: Master Investment Advisory Agreement (Invesco Van Kampen Trust for Investment Grade Municipals)