Common use of Inspection by Shareholders Clause in Contracts

Inspection by Shareholders. No Shareholder shall have any right, including but not limited to any right arising under 12 Del. C. Section 3819, as amended, to inspect any account, books, records or other documents of the Trust or any Series that are not publicly available, except (1) as conferred by the Trustees in their sole discretion and (2) that, upon reasonable demand for a purpose reasonably related to the Shareholder’s ownership interest in the Series and subject to such reasonable standards (including standards governing at what time and location and whose expense the information is made available for inspection) as may be established by the Trustees, a Shareholder may inspect the current list of the name and last known address of each record owner of Shares of the Series of which the Shareholder holds Shares.. The books and records of the Trust may be kept at such place or places as the Board of Trustees may from time to time determine, except as otherwise required by law.