Approval by Board of Trustees. This Plan will not take effect until approved by a majority of both (i) the full Board of Trustees of the Trust, and (ii) those Trustees who are not “interested persons” of the Trust (as defined in the Investment Company Act of 1940, as amended (“1940 Act”)) and who have no direct or indirect financial interest in the operation of this Plan (the “Disinterested Trustees”).
Appears in 9 contracts
Samples: Shareholder Services Plan and Agreement (UBS Series Funds), Shareholder Services Plan and Agreement (UBS Series Funds), Shareholder Services Plan and Agreement (UBS Series Funds)
Approval by Board of Trustees. This Plan will not take effect until approved by a majority of both (i) the full Board of Trustees of the Trust, and (ii) those Trustees who are not “"interested persons” " of the Trust (as defined in the Investment Company Act of 1940, as amended (“"1940 Act”")) and who have no direct or indirect financial interest in the operation of this Plan (the “"Disinterested Trustees”").
Appears in 4 contracts
Samples: Shareholder Services Plan and Agreement (Liquid Institutional Reserves), Shareholder Services Plan and Agreement (Liquid Institutional Reserves), Shareholder Services Plan and Agreement (Liquid Institutional Reserves)
Approval by Board of Trustees. This Plan will not take effect until approved by a majority of both (i) the full Board of Trustees of the Trust, Fund and (ii) those Trustees who are not “interested persons” of the Trust Fund (as defined in the Investment Company Act of 1940, as amended (“1940 Act”)) and who have no direct or indirect financial interest in the operation of this Plan (the “Disinterested Trustees”).
Appears in 4 contracts
Samples: Shareholder Servicing Plan and Agreement (KKR Credit Opportunities Portfolio), Shareholder Servicing Plan and Agreement (KKR Credit Opportunities Portfolio), Shareholder Servicing Plan and Agreement (Entrust Multi-Strategy Fund)
Approval by Board of Trustees. This Plan will not take effect until approved by a majority of both (i) the full Board of Trustees of the TrustTrust ("Board"), and (ii) those Trustees who are not “"interested persons” " of the Trust (as defined in the Investment Company Act of 1940, as amended (“"1940 Act”")) and who have no direct or indirect financial interest in the operation of this Plan (the “"Disinterested Trustees”").
Appears in 3 contracts
Samples: Shareholder Services Plan and Agreement (Mitchell Hutchins Institutional Series), Shareholder Services Plan and Agreement (Brinson Money Series), Shareholder Services Plan and Agreement (Mitchell Hutchins Lir Money Series)
Approval by Board of Trustees. This Plan will not take effect until approved by a majority of both (i) the full Board of Trustees of the Trust, Trust and (ii) those Trustees who are not “interested persons” of the Trust (as defined in the Investment Company Act of 1940, as amended (“1940 Act”)) and who have no direct or indirect financial interest in the operation of this Plan (the “Disinterested Trustees”).
Appears in 2 contracts
Samples: Shareholder Servicing Plan and Agreement (KKR Series Trust), Shareholder Servicing Plan and Agreement (KKR Series Trust)
Approval by Board of Trustees. This Plan will not take effect until approved by a majority of both (i) the full Board of Trustees of the Trust, and (ii) those Trustees who are not “interested persons” of the Trust (as defined in the Investment Company Act of 1940, as amended (“1940 Act”)0000 Xxx) and who have no direct or indirect financial interest in the operation of this Plan (the “Disinterested Trustees”).
Appears in 1 contract
Samples: Shareholder Servicing Plan and Agreement (Avenue Mutual Funds Trust)
