Common use of Action by the Trustees Clause in Contracts

Action by the Trustees. The Trustees shall act by majority vote at a meeting duly called (including at a telephonic meeting, unless the 1940 Act requires that a particular action be taken only at a meeting of Trustees in person) at which a quorum is present or by written consent of a majority of Trustees (or such greater number as may be required by applicable law) without a meeting. A majority of the Trustees shall constitute a quorum at any meeting. Meetings of the Trustees may be called orally or in writing by the Chairman of the Trustees or by any two other Trustees. Notice of the time, date, and place of all Trustees meetings shall be given to each Trustee by telephone, facsimile, or other electronic mechanism sent to his home or business address at least twenty-four hours in advance of the meeting or by written notice mailed to his home or business address at least seventy-two hours in advance of the meeting. Notice need not be given to any Trustee who attends the meeting without objecting to the lack of notice or who signs a waiver of notice either before or after the meeting. Subject to the requirements of the 1940 Act, the Trustees by majority vote may delegate to any Trustee or Trustees authority to approve particular matters or take particular actions on behalf of the Trust. Any written consent or waiver may be provided and delivered to the Trust by facsimile or other similar electronic mechanism.

Action by the Trustees. The Trustees shall act by majority vote at a meeting duly called (including at a telephonic meetingmeeting at which all participants can hear one another, unless the 1940 Act requires that a particular action be taken only at a meeting of the Trustees in person) at which a quorum is present or by written consent of a majority of Trustees (or such greater number as may be required by applicable law) without a meeting. A majority One-third of the Trustees shall constitute a quorum at any meeting. Meetings of the Trustees may be called orally or in writing by the Chairman of the Trustees or by any two other Trustees. Notice of the time, date, date and place of all Trustees meetings shall be given to each Trustee by telephone, facsimile, facsimile or other electronic mechanism sent to his home or business address at least twenty-four hours in advance of the meeting or by written notice mailed to his home or business address at least seventy-two hours in advance of the meeting. Notice need not be given to any Trustee who attends the meeting without objecting to the lack of notice or who signs a waiver of notice either before before, at or after the meeting. Subject to the requirements of the 1940 Act, the Trustees by majority vote may delegate to any Trustee or Trustees authority to approve particular matters or take particular actions on behalf of the Trust. Any written consent or waiver may be provided and delivered to the Trust by facsimile or other similar electronic mechanism.

Action by the Trustees. The Trustees shall act by majority vote at a meeting duly called (including at or by unanimous written consent without a meeting or by telephone consent provided a quorum or Trustees participates in any such telephonic meeting, unless the 1940 Act requires that a particular action be taken only at a meeting in person of Trustees in person) at which the Trustees. At any meeting of the Trustees, a quorum is present or by written consent of a majority of Trustees (or such greater number as may be required by applicable law) without a meeting. A majority of the Trustees shall constitute a quorum at any meetingquorum. Meetings of the Trustees may be called orally or in writing by the Chairman of the Trustees or Trustees, by any two other Trustees, or by any officer of the Trust. Notice of the time, date, date and place of all meetings of the Trustees meetings shall be given by the party calling the meeting to each Trustee by telephone, facsimile, telephone or other electronic mechanism telegram sent to his home or business address at least twenty-four hours in advance of the meeting or by written notice mailed to his home or business address at least seventy-two hours in advance of the meeting. Notice need not be given to any Trustee who attends the meeting without objecting to the lack of notice or who signs executes a written waiver of notice either before or after with respect to the meeting. Subject to the requirements of the 1940 Act, the Trustees by majority vote may delegate to any Trustee one or Trustees their number their authority to approve particular matters or take particular actions on behalf of the Trust. Any written consent or waiver may be provided and delivered to the Trust by facsimile or other similar electronic mechanism.

Action by the Trustees. The Trustees shall act by majority vote ------------------------ at a meeting duly called (including at a telephonic meeting, unless the 1940 Investment Company Act requires that a particular action be taken only at a meeting of the Trustees in person) at which a quorum is present or by written consent of a majority of the Trustees (or such greater number as may be required by applicable law) without a meeting. A majority of the Trustees shall constitute a quorum at any meeting. Meetings of the Trustees may be called orally or in writing by the Chairman of the Board of Trustees or by any two other Trustees. Notice of the time, date, date and place of all Trustees meetings shall be given to each Trustee by telephone, facsimile, e-mail, or other electronic mechanism sent to his home or business address at least twenty-four 24 hours in advance of the meeting or by written notice mailed to his home or business address at least seventy-two 72 hours in advance of the meeting. Notice need not be given to any Trustee who attends the meeting without objecting to the lack of notice or who signs a waiver of notice either before or after the meeting. Subject to the requirements of the 1940 Investment Company Act, the Trustees by majority vote may delegate to any Trustee or Trustees authority to approve particular matters or take particular actions on behalf of the Trust. Any written consent or waiver may be provided and delivered to the Trust by facsimile facsimile, e-mail, or other similar electronic mechanism.

Action by the Trustees. The Trustees shall act by majority vote at a meeting duly called (including at or by unanimous written consent without a telephonic meeting or by telephone meeting provided a quorum of Trustees participate in any such telephone meeting, unless the 1940 Act requires that a particular action be taken only at a meeting of at which the Trustees are present in person) at which . At any meeting of the Trustees, a quorum is present or by written consent of a majority of Trustees (or such greater number as may be required by applicable law) without a meeting. A majority of the Trustees shall constitute a quorum at any meetingquorum. Meetings of the Trustees may be called orally or in writing by the Chairman of the Board of Trustees or by any two other Trustees. Notice of the time, date, date and place of all meetings of the Trustees meetings shall be given by the party calling the meeting to each Trustee by telephone, facsimiletelefax, or other electronic mechanism telegram sent to his home or business address at least twenty-four hours in advance of the meeting or by written notice mailed to his home or business address at least seventy-two hours in advance of the meeting. Notice need not be given to any Trustee who attends the meeting without objecting to the lack of notice or who signs executes a written waiver of notice either before or after with respect to the meeting. Any meeting conducted by telephone shall be deemed to take place at the principal office of the Trust, as determined by the Bylaws or by the Trustees. Subject to the requirements of the 1940 Act, the Trustees by majority vote may delegate to any Trustee one or Trustees more of their number their authority to approve particular matters or take particular actions on behalf of the Trust. Any Written consents or waivers of the Trustees may be executed in one or more counterparts. Execution of a written consent or waiver may be provided and delivered delivery thereof to the Trust may be accomplished by facsimile or other similar electronic mechanismtelefax.

Action by the Trustees. The Trustees shall act by majority vote ----------------------- at a meeting duly called (including at a telephonic meeting, unless the 1940 Investment Company Act requires that a particular action be taken only at a meeting of the Trustees in person) at which a quorum is present or by written consent of a majority of the Trustees (or such greater number as may be required by applicable law) without a meeting. A majority of the Trustees shall constitute a quorum at any meeting. Meetings of the Trustees may be called orally or in writing by the Chairman of the Board of Trustees or by any two other Trustees. Notice of the time, date, date and place of all Trustees meetings shall be given to each Trustee by telephone, facsimile, e-mail, or other electronic mechanism sent to his home or business address at least twenty-four 24 hours in advance of the meeting or by written notice mailed to his home or business address at least seventy-two 72 hours in advance of the meeting. Notice need not be given to any Trustee who attends the meeting without objecting to the lack of notice or who signs a waiver of notice either before or after the meeting. Subject to the requirements of the 1940 Investment Company Act, the Trustees by majority vote may delegate to any Trustee or Trustees authority to approve particular matters or take particular actions on behalf of the Trust. Any written consent or waiver may be provided and delivered to the Trust by facsimile facsimile, e-mail, or other similar electronic mechanism.

Action by the Trustees. The Trustees shall act by majority vote at a meeting duly called (including at a telephonic meeting, unless the 1940 Act requires that a particular action be taken only at a meeting of the Trustees in person) at which a quorum is present or by written consent of a majority of Trustees (or such greater number as may be required by applicable law) without a meeting. A majority of the Trustees shall constitute a quorum at any meeting. Meetings of the Trustees may be called orally or in writing by the Chairman of the Trustees or by any two other Trustees. Notice of the time, date, date and place of all Trustees meetings shall be given to each Trustee by telephone, facsimile, facsimile or other electronic mechanism sent to his home or business address at least twenty-four hours in advance of the meeting or by written notice mailed to his home or business address at least seventy-two hours in advance of the meeting. Notice need not be given to any Trustee who attends the meeting without objecting to the lack of notice or who signs a waiver of notice either before or after the meeting. Subject to the requirements of the 1940 Act, the Trustees by majority vote may delegate to any Trustee or Trustees authority to approve particular matters or take particular actions on behalf of the Trust. Any written consent or waiver may be provided and delivered to the Trust by facsimile or other similar electronic mechanism.