Common use of Term and Approval Clause in Contracts

Term and Approval. This Agreement shall become effective at the close of business on the date hereof and shall remain in force and effect for an initial term of two years and from year to year thereafter, provided that such continuance is specifically approved at least annually: (a) (i) by the Fund's Board of Directors or (ii) by the vote of a majority of the outstanding voting securities (as defined in the 1940 Act), and (b) by the affirmative vote of a majority of the Directors who are not "interested persons" of the Fund (as defined in the ▇▇▇▇ ▇▇▇) and do not have a financial interest in the operation of this Agreement, by votes cast in person at a meeting specifically called for such purpose.

Term and Approval. This Agreement shall become effective at the close of business on the date hereof and shall remain in force and effect for an initial term of two years and from year to year thereafter, provided that such continuance is specifically approved at least annually: (a) (i) by the Fund's Board of Directors or (ii) by the vote of a majority of the outstanding voting securities of the Shares (as defined in the 1940 Act), and (b) by the affirmative vote of a majority of the Directors who are not "interested persons" of the Fund (as defined in the ▇▇▇▇ ▇▇▇) and do not have a financial interest in the operation of this Agreement, by votes cast in person at a meeting specifically called for such purpose.

Term and Approval. This Agreement shall become effective at the close of business on the date hereof and shall remain in force and effect for an initial term of two years and from year to year thereafter, provided that such continuance is specifically approved at least annually: (a) (i) by the Fund's Board of Directors or (ii) by the vote of a majority of the outstanding voting securities (as defined in the 1940 Act), and (b) by the affirmative vote of a majority of the Directors directors who are not "interested persons" of the Fund (as defined in the ▇▇▇▇ ▇▇▇) and do not have a financial interest in the operation of this Agreement, by votes cast in person at a meeting specifically called for such purpose.

Term and Approval. This Agreement shall become effective at the close of business on the date hereof and shall remain in force and effect for an initial term of two years and from year to year thereafter, provided that such continuance is specifically approved at least annually: (a) (i) by the Fund's Board of Directors or (ii) by the vote of a majority of the outstanding voting securities (as defined in the 1940 Act), and (b) by the affirmative vote of a majority of the Directors directors who are not "interested persons" of the Fund (as defined in the ▇1▇▇▇ ▇▇▇) and do not have a financial interest in the operation of this Agreement, by votes cast in person at a meeting specifically called for such purpose.

Term and Approval. This Agreement shall become effective at the close of business on the date hereof and shall remain in force and effect for an initial term of two years and from year to year thereafter, provided that such continuance is specifically approved at least annually: (a) (i) by the Fund's Board of Directors or (ii) by the vote of a majority of the outstanding voting securities of the Shares (as defined in the 1940 Act), and (b) by the affirmative vote of a majority of the Directors who are not "interested persons" of the Fund (as defined in the ▇▇▇1940 Act) and do not hav▇ ▇ ▇▇▇) and do not have a financial ▇ncial interest in the operation of this Agreement, by votes cast in person at a meeting specifically called for such purpose.

Term and Approval. This Agreement shall become effective at the close of business on the date hereof and shall remain in force and effect for an initial term of two years and from year to year thereafter, provided that such continuance is specifically approved at least annually: (a) (i) by the Fund's Board of Directors or (ii) by the vote of a majority of the outstanding voting securities (as defined in the 1940 Act), and (b) by the affirmative vote of a majority of the Directors who are not "interested persons" of the Fund (as defined in the ▇1▇▇▇ ▇▇▇) and do not have a financial interest in the operation of this Agreement, by votes cast in person at a meeting specifically called for such purpose.

Term and Approval. This Agreement shall become effective at the close of business on the date hereof and shall remain in force and effect for an initial term of two years and from year to year thereafter, provided that such continuance is specifically approved at least annually: (a) (i) by the Fund's Board of Directors or or (ii) by the vote of a majority of the outstanding voting securities (as defined in the 1940 Act), and (b) by the affirmative vote of a majority of the Directors directors who are not "interested persons" of the Fund (as defined in the ▇1▇▇▇ ▇▇▇) and do not have a financial interest in the operation of this Agreement, by votes cast in person at a meeting specifically called for such purpose.

Term and Approval. This Agreement shall become effective at the close of business on the date hereof and shall remain in force and effect for an initial term of two years and from year to year thereafter, provided that such continuance is specifically approved at least annually: (a) (i) by the Fund's Board of Directors or (ii) by the vote of a majority of the outstanding voting securities (as defined in Section 2(a)(42) of the 1940 Act▇▇▇▇ ▇▇▇), ; and (b) by the affirmative vote of a majority of the Non-Interested Directors who are not "interested persons" of the Fund (as defined in the ▇▇▇▇ ▇▇▇) and do not have a financial interest in the operation of this Agreement, by votes cast in person at a meeting specifically called for such purpose.

Term and Approval. This Agreement shall become effective at the close of business on the date hereof and shall remain in force and effect for an initial term of two years and from year to year thereafter, provided that such continuance is specifically approved at least annually: (a) (i) by the Fund's Board of Directors or (ii) by the vote of a majority of the outstanding voting securities (as defined in Section 2(a)(42) of the 1940 Act), and (b) by the affirmative vote of a majority of the Directors directors who are not "interested persons" persons of the Fund (as defined in the ▇▇▇▇ ▇▇▇) and who do not have a financial interest in the operation of this Agreement, by votes cast in person at a meeting specifically called for such purpose.