Common use of Combination of Series or Classes Clause in Contracts

Combination of Series or Classes. The Trustees shall have the authority, without the approval of the Shareholders of any Series or class unless otherwise required by applicable law, to combine the assets and liabilities belonging to any two or more Series or attributable to any class into assets and liabilities belonging to a single Series or attributable to a single class.

Appears in 22 contracts

Sources: Agreement and Declaration of Trust (Baillie Gifford Funds), Agreement and Declaration of Trust (Baillie Gifford Funds), Agreement and Declaration of Trust (Baillie Gifford Funds)

Combination of Series or Classes. The Trustees shall have the authority, without the approval of the Shareholders of any Series or class unless otherwise required by applicable law, to combine the assets and liabilities belonging to any two or more Series or attributable to any class into assets and liabilities belonging to a single Series or attributable to a single class.

Appears in 2 contracts

Sources: Trust Agreement (New England Funds Trust Iv), Agreement and Declaration of Trust (Nvest Funds Trust Iii)

Combination of Series or Classes. The Trustees shall have the authority, without the approval of the Shareholders of any Series or class Class unless otherwise required by applicable law, to combine the assets and liabilities belonging to any two or more Series or attributable to any class Classes into assets and liabilities belonging to a single Series or attributable to a single classClass.

Appears in 2 contracts

Sources: Trust Agreement (Barr Rosenberg Variable Trust), Limited Liability Company Agreement (Wm Strategic Asset Management Portfolios)

Combination of Series or Classes. The Trustees shall have the authority, without the approval of the Shareholders of any Series or class Class unless otherwise required by applicable law, to combine the assets and liabilities belonging to any two or more Series or attributable to any class Class into assets and liabilities belonging to a single Series or attributable to a single classClass.

Appears in 2 contracts

Sources: Restatement of Amended Agreement and Declaration of Trust (CDC Nvest Companies Trust I), Agreement and Declaration of Trust (Nvest Companies Trust I)