Common use of Dissolution by Shareholder Vote Clause in Contracts

Dissolution by Shareholder Vote. The Trust may be dissolved at any time, without the necessity for concurrence by the Board of Trustees, upon affirmative vote by the holders of more than 50% of the outstanding Shares entitled to note on the matter.

Appears in 2 contracts

Sources: Agreement and Declaration of Trust (Onex Direct Lending BDC Fund), Agreement and Declaration of Trust (Onex Falcon Direct Lending BDC Fund)