Common use of Manner of Acting Clause in Contracts

Manner of Acting. Except as otherwise provided herein, in the By-Laws, in the 1940 Act or in any other applicable provision of law, any action to be taken by the Directors may be taken in the manner set forth in Section 2.5 hereof.

Appears in 14 contracts

Sources: Limited Liability Company Agreement (Master Value Opportunities LLC), Limited Liability Company Agreement (Master Basic Value LLC), Limited Liability Company Agreement (Master Focus Growth LLC)

Manner of Acting. Except as otherwise provided herein, in the By-Lawslaws, in the 1940 Act or in any other applicable provision of law, any action to be taken by the Directors Trustees may be taken in the manner set forth in Section 2.5 hereof.

Appears in 3 contracts

Sources: Trust Agreement (Underlying Funds Trust), Trust Agreement (Underlying Funds Trust), Trust Agreement (Aip Variable Insurance Trust)

Manner of Acting. Except as otherwise provided herein, in the By-Laws, in the 1940 Act or in any other applicable provision of law, any action to be taken by the Directors Trustees may be taken in the manner set forth in Section 2.5 hereof.

Appears in 2 contracts

Sources: Agreement and Declaration of Trust (GoodHaven Funds Trust), Trust Agreement (Riverpark Funds Trust)