TERM, MODIFICATION AND TERMINATION OF AGREEMENT. This Agreement with respect to a Class shall continue in effect until the expiration date set forth on Schedule A (the “Expiration Date”). The Board may terminate this agreement, in totality or with respect to a Class, at any time. This Agreement shall terminate automatically upon the termination of the Advisory Agreement.
Appears in 12 contracts
Sources: Expense Limitation Agreement (ABS Long/Short Strategies Fund), Expense Limitation Agreement (ABS Long/Short Strategies Fund), Expense Limitation Agreement (ABS Long/Short Strategies Fund)
TERM, MODIFICATION AND TERMINATION OF AGREEMENT. This Agreement with respect to a Class shall continue in effect until the expiration date set forth on Schedule A (the “Expiration Date”). The Expiration Date may be extended for successive twelve month periods ending August 31, provided that such extension is approved by a majority of the Fund’s Board of Trustees. The Board may terminate this agreement, in totality or with respect to a Class, at any time. This Agreement shall terminate automatically upon the termination of the Advisory Agreement.
Appears in 1 contract
Sources: Expense Limitation Agreement (ABS Long/Short Strategies Fund)