Common use of INITIAL TERMS Clause in Contracts

INITIAL TERMS. This Agreement shall become effective generally as of the date first set up above, and with respect to each Fund, as of the date first specified in the Fund Addendums. This Agreement shall thereafter continue for the terms set forth in the Fund Addendum and remain in effect through the end of the terms specified in the last to terminate of the Fund Addendums entered into under this Agreement. The Initial Term of each Fund Addendum shall be deemed the “Initial Term.”

Appears in 2 contracts

Sources: Master Administration and Fund Accounting Agreement (Elevation Series Trust), Master Administration and Fund Accounting Agreement (Elevation Series Trust)