Combination of Series. The Trustees shall have the authority, without the approval of the Shareholders of any Series unless otherwise required by applicable law, to combine the assets and liabilities held with respect to any two or more series into assets and liabilities held with respect to a single series.
Appears in 8 contracts
Sources: Declaration of Trust (Franklin Managed Trust), Declaration of Trust (Franklin Global Trust), Agreement and Declaration of Trust (Franklin Floating Rate Trust)
Combination of Series. The Trustees shall have the authority, without the approval of the Shareholders of any Series unless otherwise required by applicable law, to combine the assets and liabilities held with respect to any two or more series Series or Classes into assets and liabilities held with respect to a single seriesSeries or Class.
Appears in 5 contracts
Sources: Declaration of Trust (City National Rochdale Funds), Agreement and Declaration of Trust (Metropolitan West Funds), Agreement and Declaration of Trust (Purisima Funds)
Combination of Series. The Trustees shall have the authority, without the approval of the Shareholders of any Series Series, unless otherwise required by applicable law, to combine the assets and liabilities held with respect to any two or more series Series into assets and liabilities held with respect to a single seriesSeries.
Appears in 5 contracts
Sources: Trust Agreement (PARADIGM Funds Trust), Trust Agreement (Laudus Institutional Trust), Trust Agreement (Friends Ivory & Sime Funds)
Combination of Series. The Trustees shall have the authority, without the approval of the Shareholders of any Series or class of any Series unless otherwise required by applicable law, to combine the assets and liabilities held with respect belonging to any two or more series Series or classes into assets and liabilities held with respect belonging to a single seriesSeries or class.
Appears in 4 contracts
Sources: Agreement and Declaration of Trust (RS Variable Products Trust), Agreement and Declaration of Trust (Robertson Stephens Investment Trust), Agreement and Declaration of Trust (Robertson Stephens Investment Trust)