Common use of Termination of the Trust or Any Series Clause in Contracts

Termination of the Trust or Any Series. Unless terminated as provided herein, the Trust shall continue without limitation of time. The Trust may be dissolved at any time by the Trustees upon 60 days prior written notice to the Shareholders. Any Series of Shares may be dissolved at any time by the Trustees upon 60 days prior written notice to the Shareholders of such Series. Any action to dissolve the Trust shall be deemed to also be an action to dissolve each Series and each class thereof.

Appears in 3 contracts

Sources: Amendment to Agreement and Declaration of Trust (Vanguard Charlotte Funds), Agreement and Declaration of Trust (Vanguard Charlotte Funds), Amendment to Agreement and Declaration of Trust (Vanguard Bond Index Funds)

Termination of the Trust or Any Series. Unless terminated as provided herein, the Trust shall continue without limitation of time. The Trust may be dissolved at any time by the Trustees upon 60 days prior written notice to the Shareholders. Any Series of Shares may be dissolved at any time by the Trustees upon 60 days prior written notice to the Shareholders of such Series. Any action to dissolve the Trust shall be deemed to also be an action to dissolve each Series and each class thereof.. In accordance with Section 3808 of the Delaware Act, upon dissolution of the Trust or any Series, as the case may be, after paying or otherwise providing for all charges, taxes,

Appears in 1 contract

Sources: Amendment No. 4 to Amended and Restated Agreement and Declaration of Trust (Vanguard Trustees' Equity Fund)