Common use of Additional Voting Powers and Voting Requirements for Certain Actions Clause in Contracts

Additional Voting Powers and Voting Requirements for Certain Actions. Notwithstanding any other provisions of this Trust Agreement, the Shareholder approval shall be required to approve any amendment to Article VI of this Trust Agreement that would have the effect of increasing the liability (or potential liability) or reducing the indemnification available to Shareholders or former Shareholders. Any such action, as well as any repeal or amendment of this Section 5.2 shall require the affirmative vote or consent of Shareholders owning at least 66 2/3% of the Outstanding Shares entitled to vote thereon.

Appears in 5 contracts

Samples: Agreement and Declaration of Trust (Trust for Advised Portfolios), Agreement and Declaration of Trust (Trust for Advised Portfolios), Trust Agreement (EntrepreneurShares Series Trust)

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Additional Voting Powers and Voting Requirements for Certain Actions. Notwithstanding any other provisions provision of this Trust Agreement, the Shareholder approval shall be required to approve any amendment to Article VI of this Trust Agreement that would have the effect of increasing the liability (or potential liability) or reducing the indemnification available to Shareholders or former Shareholders. Any such action, as well as any repeal or amendment of this Section 5.2 5.2, shall require the affirmative vote or consent of Shareholders owning at least 66 2/3% of the Outstanding outstanding Shares entitled to vote thereon.

Appears in 3 contracts

Samples: Trust Agreement (Advisor Managed Portfolios), Agreement and Declaration of Trust (Trust for Advised Portfolios), Trust Agreement (Trust for Advised Portfolios)

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Additional Voting Powers and Voting Requirements for Certain Actions. Notwithstanding any Any other provisions of this Trust AgreementAgreement or the Bylaws notwithstanding, the Shareholder approval shall be required to approve any amendment to Article VI of this Trust Agreement that would have the effect of increasing the liability (or potential liability) or reducing the indemnification available to Shareholders or former Shareholders. Any such action, as well as any repeal or amendment of this Section 5.2 shall require the affirmative vote or consent of Shareholders owning at least 66 66-2/3% of the Outstanding outstanding Shares entitled to vote thereon.

Appears in 3 contracts

Samples: Trust Agreement (Skyhawk Capital Management Funds Trust), Trust Agreement (Intrepid Capital Management Funds Trust), Trust Agreement (Hillier Capital Management Funds Trust)

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