Termination of a Series. The Trustees shall have the authority to provide that upon the bankruptcy or insolvency of a Holder or in the case of the redemption of the entire interest of a Holder in a Series, that such Series will be terminated unless a majority in interest of the remaining Holders in the Series approve the continuing existence of the Series.
Appears in 2 contracts
Sources: Agreement and Declaration of Trust (Kiewit Investment Trust), Agreement and Declaration of Trust (Dfa Investment Trust Co)