Common use of Conversion or Exchange Rights Clause in Contracts

Conversion or Exchange Rights. Subject to compliance with the requirements of the 1940 Act, the Trustees shall have the authority to provide that holders of Shares of any Sub-Trust or class thereof shall have the right to convert or exchange said Shares into Shares of one or more other Sub-Trust or class thereof in accordance with such requirements and procedures as may be established by the Trustees.

Appears in 3 contracts

Sources: Agreement and Declaration of Trust (Uam Funds Trust), Agreement and Declaration of Trust (LKCM Fund), Agreement and Declaration of Trust (LKCM Fund)