Redemptions at the Option of the Trust. The Trust shall have the right at its option and at any time to redeem Shares of any Shareholder at the net asset value thereof: (i) if at such time such Shareholder owns Shares of any Series or class having an aggregate net asset value of less than an amount determined from time to time by the Trustees; (ii) to the extent that such Shareholder owns Shares equal to or in excess of a percentage determined from time to time by the Trustees of the outstanding Shares of the Trust or of any Series or class; (iii) if the Trustees determine that such Shareholder is engaging in conduct that is harmful to the Trust or any Series or class; or (iv) if the Trustees otherwise determine such redemption to be necessary or appropriate.
Appears in 17 contracts
Samples: Agreement and Declaration of Trust (Natixis ETF Trust II), Agreement and Declaration of Trust (Loomis Sayles Alternative Asset Based Solutions Income Fund), Natixis Etf Trust (Natixis ETF Trust)
Redemptions at the Option of the Trust. The Trust shall have the right at its option and at any time to redeem Shares of any Shareholder at the net asset value thereofthereof as described in Section 1 of this Article VI: (i) if at such time such Shareholder owns Shares of any Series or class having an aggregate net asset value of less than an amount determined from time to time by the Trustees; or (ii) to the extent that such Shareholder owns Shares equal to or in excess of a percentage determined from time to time by the Trustees of the outstanding Shares of the Trust or of any Series or class; or (iii) if the Trustees determine that such Shareholder is engaging in conduct that is harmful to the Trust or any Series or classClass; or (iv) if the Trustees determine otherwise determine such redemption to be necessary or appropriate.
Appears in 3 contracts
Samples: Agreement and Declaration of Trust (Baillie Gifford Funds), Agreement and Declaration of Trust (Baillie Gifford Funds), Agreement and Declaration of Trust (Baillie Gifford Funds)
Redemptions at the Option of the Trust. The Trust shall have the right at its option and at any time to redeem Shares of any Shareholder at the net asset value thereof: thereof as described in Section 1 of this Article VI (ia) if if, at such time time, such Shareholder owns Shares of any Series or class Class having an aggregate net asset value of less than an amount determined from time to time by the Trustees; (iib) to the extent that such Shareholder owns Shares equal to or in excess of a percentage determined from time to time by the Trustees of the outstanding Shares of the Trust or of any Series or classClass; (iiic) if the Trustees determine that such Shareholder is engaging in conduct that is harmful to the Trust or any Series or classClass thereof; or (ivd) if the Trustees otherwise determine such redemption to be necessary or appropriate.
Appears in 2 contracts
Samples: CDC Nvest Companies Trust I, Nvest Companies Trust I
Redemptions at the Option of the Trust. The Trust shall have the right at its option and at any time to redeem Shares of any Shareholder at the net asset value thereof: (i) if at such time such Shareholder owns Shares of any Series or class having an aggregate net asset value of less than an amount determined from time to time by the Trustees; (ii) to the extent that such Shareholder owns Shares equal to or in excess of a percentage determined from time to time by the Trustees of the outstanding Shares of the Trust or of any Series or class; (iii) if the Trustees determine that such Shareholder is engaging in conduct that is harmful to the Trust or any Series or class; or (iv) if the Trustees otherwise determine such redemption to be necessary or appropriate.. ARTICLE VII
Appears in 2 contracts
Samples: Agreement and Declaration (IXIS Advisor Cash Management Trust), Agreement and Declaration (Loomis Sayles Funds Ii)
