Common use of Action by Trustees Clause in Contracts

Action by Trustees. Unless otherwise specified herein or in the By-Laws or required by law, any action by the Trustees shall be deemed effective if approved or taken by a majority of the Trustees present at a meeting of Trustees at which a quorum (as defined in the By-Laws as the same may be amended from time to time) of Trustees are present, within or without the State of Delaware.

Appears in 3 contracts

Samples: Agreement and Declaration of Trust (BlackRock Long-Horizon Equity Fund), Agreement and Declaration (BlackRock Long-Horizon Equity Fund), Agreement and Declaration (Merrill Lynch Global Equity Opportunities Fund)

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Action by Trustees. Unless otherwise specified herein or in the By-Laws Bylaws or required by law, any action by the Trustees shall be deemed effective if approved or taken by a majority of the Trustees present at a meeting of Trustees at which a quorum (as defined in the By-Laws Bylaws as the same may be amended from time to time) of Trustees are present, within or without the State of Delaware.

Appears in 2 contracts

Samples: Campbell Multi-Strategy Trust, Campbell Multi-Strategy Trust

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