Beneficial Interest. The interest of the beneficiaries hereunder shall be divided into an unlimited number of transferable shares of beneficial interest, par value $.001 per share. All Shares issued in accordance with the terms hereof, including, without limitation, Shares issued in connection with a dividend in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, nonassessable when the consideration determined by the Trustees (if any) therefor shall have been received by the Trust.
Appears in 115 contracts
Samples: Agreement and Declaration of Trust (Nexpoint Diversified Real Estate Trust), Trust Agreement, Agreement and Declaration of Trust (NexPoint Strategic Opportunities Fund)
Beneficial Interest. The interest of the beneficiaries hereunder shall be divided into an unlimited number of transferable shares of beneficial interest, par value $.001 per share. All Shares issued in accordance with the terms hereof, including, without limitation, Shares issued in connection with a dividend in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, and nonassessable when the consideration determined by the Trustees (if any) therefor shall have been received by the Trust.
Appears in 37 contracts
Samples: Agreement and Declaration of Trust (Gabelli Go Anywhere Trust), Agreement and Declaration of Trust (Gabelli Global Small & Mid Cap Value Trust), Trust Agreement (Gabelli Healthcare & WellnessRx Trust)
Beneficial Interest. The interest of the beneficiaries hereunder shall be divided into an unlimited number of transferable shares of beneficial interest, par value $.001 .01 per share. All Shares issued in accordance with the terms hereof, including, without limitation, Shares issued in connection with a dividend in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, nonassessable when the consideration determined by the Trustees (if any) therefor shall have been received by the Trust.
Appears in 26 contracts
Samples: Agreement and Declaration of Trust (Guggenheim Taxable Municipal Bond & Investment Grade Debt Trust), Agreement and Declaration of Trust (Guggenheim Strategic Opportunities Fund), Agreement and Declaration of Trust (Guggenheim Strategic Opportunities Fund)
Beneficial Interest. The interest of the beneficiaries hereunder shall be divided into an unlimited number of transferable shares of beneficial interest, par value $.001 per share. All Shares issued in accordance with the terms hereof, including, without limitation, Shares issued in connection with a dividend or distribution in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, nonassessable when the consideration determined by the Trustees (if any) therefor shall have been received by the Trust.
Appears in 22 contracts
Samples: Agreement and Declaration of Trust (AIP Alternative Lending Fund A), Trust Agreement (AIP Alternative Lending Fund P), Agreement and Declaration of Trust (Triloma EIG Global Energy Term Fund I)
Beneficial Interest. The interest of the beneficiaries hereunder shall be divided into an unlimited number of transferable shares of beneficial interest, without par value $.001 per sharevalue. All Shares issued in accordance with the terms hereof, including, without limitation, Shares issued in connection with a dividend in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, and nonassessable when the consideration determined by the Trustees (if any) therefor shall have been received by the Trust.
Appears in 14 contracts
Samples: Trust Agreement (Meet Kevin Trust), Agreement and Declaration of Trust (NEOS ETF Trust), Trust Agreement (Mason Capital Fund Trust)
Beneficial Interest. The interest of the beneficiaries hereunder shall be divided into an unlimited number of transferable shares of beneficial interest, without par value $.001 per sharevalue, pursuant to Article IV hereof. All Shares issued in accordance with the terms hereof, including, without limitation, Shares issued in connection with a dividend in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, nonassessable when the consideration determined by the Trustees (if any) therefor shall have been received by the Trust.
Appears in 11 contracts
Samples: Agreement and Declaration of Trust (Claymore Exchange-Traded Fund Trust 2), Agreement and Declaration of Trust (Claymore Exchange-Traded Fund Trust), Agreement and Declaration of Trust (Claymore Exchange-Traded Fund Trust)
Beneficial Interest. The interest of the beneficiaries hereunder shall be divided into represented by an unlimited number of transferable shares of beneficial interest, par value $.001 per share. All Shares issued in accordance with the terms hereof, including, without limitation, Shares issued in connection with a dividend in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, nonassessable when the consideration determined by the Trustees (if any) therefor shall have been received by the Trust. The power to make certain changes against Shareholders and their Shares shall not be considered assessments for the foregoing purpose.
Appears in 10 contracts
Samples: Agreement and Declaration of Trust (Tidal Trust III), Agreement and Declaration of Trust (Impact Shares Trust I), Trust Agreement (Blackrock Allocation Target Shares)
Beneficial Interest. The interest of the beneficiaries hereunder shall be divided into an unlimited number of transferable shares of beneficial interest, interest with par value $.001 per share. The number of such shares of beneficial interest authorized hereunder is unlimited. All Shares issued in accordance with the terms hereof, hereunder including, without limitation, Shares issued in connection with a dividend in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, nonassessable when the consideration determined by the Trustees (if any) therefor shall have been received by the Trustand nonassessable.
Appears in 6 contracts
Samples: Agreement and Declaration of Trust (Pacific Select Fund), Agreement and Declaration of Trust (Pacific Select Fund), Agreement and Declaration of Trust (Pacific Select Fund)
Beneficial Interest. The interest of the beneficiaries Shareholders hereunder shall be divided into an unlimited number of transferable shares of beneficial interest, par value $.001 per share. All Shares issued in accordance with the terms hereof, including, without limitation, Shares issued in connection with a dividend payable in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, and nonassessable when the consideration determined by the Trustees (if any) therefor shall have been received by the Trust.
Appears in 5 contracts
Samples: Trust Agreement (Rochdale International Trade Fixed Income Fund), Agreement and Declaration of Trust (Highland Floating Rate Fund), Agreement and Declaration of Trust (Highland Capital Multi-Strategy Fund)
Beneficial Interest. The interest of the beneficiaries hereunder shareholders shall be divided into an unlimited number of transferable shares Shares of beneficial interest, par value $.001 per share. All Shares issued in accordance with the terms hereof, including, without limitation, Shares issued in connection with a dividend or distribution in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, nonassessable non-assessable when the consideration determined by the Trustees (if any) therefor shall have been received by the Trust.
Appears in 5 contracts
Samples: Trust Agreement (Morgan Creek Global Equity Long/Short Fund), Agreement and Declaration of Trust (Morgan Creek Global Equity Long/Short Institutional Fund), Trust Agreement (Morgan Creek Global Equity Long/Short Fund)
Beneficial Interest. The interest of the beneficiaries hereunder shall be divided into an unlimited number of transferable shares of beneficial interest, par value $.001 .01 per share. All Shares issued in accordance with the terms hereof, including, without limitation, Shares issued in connection with a dividend in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, and nonassessable when the consideration determined by the Trustees (if any) therefor therefore shall have been received by the Trust.
Appears in 4 contracts
Samples: Agreement and Declaration of Trust (Pertuity Funds), Trust Agreement (National Retail Fund II), Agreement and Declaration of Trust (National Retail Fund I)
Beneficial Interest. The interest of the beneficiaries hereunder shall be divided into an unlimited number of transferable shares of beneficial interest, par value $.001 0.001 per share. All Shares issued in accordance with the terms hereofhereunder, including, without limitation, Shares issued in connection with a dividend in Shares or a split or reverse split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, nonassessable when the consideration determined by the Trustees (if any) therefor shall have been received by the Trustand non-assessable.
Appears in 4 contracts
Samples: Amended and Restated Agreement and Declaration of Trust (DCA Total Return Fund), Agreement and Declaration of Trust (Dividend Capital Strategic Global Realty Fund), Agreement and Declaration of Trust (Dividend Capital Enhanced Income Fund)
Beneficial Interest. The interest of the beneficiaries hereunder shall be divided into an unlimited number of transferable shares of beneficial interest, par value $.001 0.001 per share. All Shares issued in accordance with the terms hereof, including, without limitation, Shares issued in connection with a dividend in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, nonassessable when the consideration determined by the Trustees (if any) therefor shall have been received by the Trust.
Appears in 4 contracts
Samples: Agreement and Declaration of Trust (BlackRock Multi-Sector Opportunities Trust II), Agreement and Declaration of Trust (BlackRock Fixed Income Value Opportunities II), Agreement and Declaration of Trust (BlackRock Multi-Sector Opportunities Trust Series I)
Beneficial Interest. The interest of the beneficiaries hereunder shall may be divided into an unlimited transferable Shares of Beneficial Interest (with or without par value), which may be divided into one or more series and classes as provided herein. The number of transferable shares of beneficial interest, par value $.001 per shareShares authorized hereunder is unlimited. All Shares issued in accordance with the terms hereof, hereunder including, without limitation, Shares issued in connection with a dividend in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, nonassessable when the consideration determined by the Trustees (if any) therefor shall have been received by the Trustand non-assessable.
Appears in 3 contracts
Samples: Agreement and Declaration of Trust (Touchstone Variable Series Trust), Agreement and Declaration of Trust (Touchstone Variable Series Trust), Agreement and Declaration of Trust (Touchstone Variable Series Trust)
Beneficial Interest. The interest of the beneficiaries ------------------- hereunder shall be divided into an unlimited number of transferable shares of beneficial interest, par value $.001 per share. All Shares issued in accordance with the terms hereof, including, without limitation, Shares issued in connection with a dividend in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, nonassessable when the consideration determined by the Trustees (if any) therefor shall have been received by the Trust.
Appears in 3 contracts
Samples: Agreement and Declaration of Trust (Blackrock Municipal Income Trust), Agreement and Declaration of Trust (Blackrock New York Municipal Income Trust), Agreement and Declaration of Trust (Blackrock New Jersey Municipal Income Trust)
Beneficial Interest. The interest of the beneficiaries ------------------- hereunder shall be divided into an unlimited number of transferable shares of beneficial interest, interest with par value $.001 per share. The number of such shares of beneficial interest authorized hereunder is unlimited. All Shares issued in accordance with the terms hereof, hereunder including, without limitation, Shares issued in connection with a dividend in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, nonassessable when the consideration determined by the Trustees (if any) therefor shall have been received by the Trustand nonassessable.
Appears in 3 contracts
Samples: Agreement and Declaration of Trust (Pacific Select Fund), Restated Agreement and Declaration of Trust (Fulcrum Trust), Agreement and Declaration of Trust (Pacific Select Fund)
Beneficial Interest. The interest of the beneficiaries hereunder shall be divided into an unlimited number of transferable shares of beneficial interest, par value $.001 per share. All Shares issued in accordance with the terms hereof, including, without limitation, Shares issued in connection with a dividend in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, and nonassessable when the consideration determined by the Trustees (if any) therefor shall have been received by the Trust.
Appears in 3 contracts
Samples: Agreement and Declaration of Trust (Advantage Advisers Multi - Sector Fund I), Agreement and Declaration of Trust (Advantage Advisers Multi - Sector Fund I), Agreement and Declaration of Trust (Advantage Advisers Multi - Sector Fund I)
Beneficial Interest. The interest of the beneficiaries hereunder shall be divided into an unlimited number of transferable shares of beneficial interest, par value $.001 per share. All Shares issued in accordance with the terms hereof, including, without limitation, Shares issued in connection with a dividend in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, nonassessable when the consideration determined by the Trustees (if any) therefor shall have been received by the Trust..01 per
Appears in 3 contracts
Samples: Agreement and Declaration of Trust (Guggenheim Enhanced Equity Income Fund (F/K/a Old Mutual/Claymore Long-Short Fund)), Agreement and Declaration of Trust (Guggenheim Global Equity Income Fund), Agreement and Declaration of Trust (Guggenheim Equal Weight Enhanced Equity Income Fund)
Beneficial Interest. The interest of the beneficiaries hereunder shall be divided into an unlimited number of transferable shares units of beneficial interest, par value $.001 per shareunit, any number of which may be preferred units. All Shares Units issued in accordance with the terms hereof, including, without limitation, Shares Units issued in connection with a dividend in Shares Units or a split of SharesUnits, shall be fully paid and, except as provided in the last sentence of Section 3.8, nonassessable when the consideration determined by the Trustees (if any) therefor shall have been received by the Trust.
Appears in 3 contracts
Samples: Agreement and Declaration of Trust (Cushing MLP Infrastructure Fund II), Agreement and Declaration of Trust (Cushing MLP Infrastructure Master Fund), Agreement and Declaration of Trust (Cushing MLP Infrastructure Fund)
Beneficial Interest. The interest of the beneficiaries hereunder Shareholders shall be divided into an unlimited number of transferable shares of beneficial interest, par value $.001 per share. All Shares issued in accordance with the terms hereof, including, without limitation, Shares issued in connection with a dividend or distribution in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, nonassessable when the consideration determined by the Trustees (if any) therefor shall have been received by the Trust.
Appears in 3 contracts
Samples: Agreement and Declaration of Trust (Legg Mason Permal Global Active Strategies Fund), Agreement and Declaration of Trust (Legg Mason Permal Global Active Strategies TEI Fund), Agreement and Declaration of Trust (Legg Mason Permal Global Active Strategies Master Fund)
Beneficial Interest. The interest of the beneficiaries hereunder shall be divided into an unlimited number of transferable shares of beneficial interest, par value $.001 .01 per share. All Shares issued in accordance with the terms hereof, including, without limitation, Shares issued in connection with a dividend in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, and nonassessable when the consideration determined by the Trustees (if any) therefor shall have been received by the Trust.
Appears in 3 contracts
Samples: Agreement and Declaration of Trust (Guggenheim Enhanced Equity Income Fund), Agreement and Declaration of Trust (Guggenheim Energy & Income Fund), Agreement and Declaration of Trust (Guggenheim Energy & Income Fund)
Beneficial Interest. The interest of the beneficiaries hereunder shall be divided into an unlimited number of transferable shares of beneficial interest, par value $.001 per share, any number of which may be preferred shares. All Shares issued in accordance with the terms hereof, including, without limitation, Shares issued in connection with a dividend in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, and nonassessable when the consideration determined by the Trustees (if any) therefor shall have been received by the Trust.
Appears in 3 contracts
Samples: Agreement and Declaration of Trust (Blackrock S&p Quality Rankings Trust), Agreement and Declaration of Trust (Ing Clarion Global Real Estate Income Fund), Agreement and Declaration of Trust (NT Alpha Strategies Fund)
Beneficial Interest. The interest of the beneficiaries hereunder shall be divided into an unlimited number of transferable shares of beneficial interest, par value $.001 per share. All Shares issued in accordance with the terms hereof, including, without limitation, Shares issued in connection with a dividend in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, and nonassessable when the consideration determined by the Trustees (if any) therefor shall have been received by the TrustFund.
Appears in 3 contracts
Samples: Agreement and Declaration of Fund (GDL Fund), Agreement and Declaration of Fund (Gabelli Global Deal Fund), Agreement and Declaration of Fund (Gabelli Global Deal Fund)
Beneficial Interest. The interest of the beneficiaries hereunder shall be divided into an unlimited number of transferable shares of beneficial interest, par value of $.001 per share. All Shares issued in accordance with the terms hereof, including, without limitation, Shares issued in connection with a dividend or distribution in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, nonassessable when the consideration determined by the Trustees (if any) therefor shall have been received by the Trust.
Appears in 2 contracts
Samples: Agreement and Declaration of Trust (Ramius Archview Credit & Distressed Fund), Agreement and Declaration of Trust (Ramius Archview Credit & Distressed Feeder Fund)
Beneficial Interest. The interest of the beneficiaries hereunder shall be divided into an unlimited number of transferable shares of beneficial interest, par value $.001 0.01 per share. All Shares issued in accordance with the terms hereof, including, without limitation, Shares issued in connection with a dividend in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, and nonassessable when the consideration determined by the Trustees (if any) therefor shall have been received by the Trust.
Appears in 2 contracts
Samples: Agreement and Declaration of Trust (XAI Octagon Credit Trust), Second Amended and Restated Agreement and Declaration of Trust (XAI Octagon Floating Rate Alternative Income Term Trust)
Beneficial Interest. The interest of the beneficiaries -------------------- hereunder shall be divided into represented by an unlimited number of transferable shares of beneficial interest, par value $.001 per share. All Shares issued in accordance with the terms hereof, including, without limitation, Shares issued in connection with a dividend in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, nonassessable and when the consideration determined by the Trustees (if any) therefor shall have been received by the Trust. The power to make certain changes against Shareholders and their Shares shall not be considered assessments for the foregoing purpose.
Appears in 2 contracts
Samples: Agreement and Declaration of Trust (Baron Select Funds), Agreement and Declaration of Trust (Baron Select Funds)
Beneficial Interest. The interest of the beneficiaries hereunder shall be divided into an unlimited number of transferable shares of beneficial interestinterest which may be divided into one or more separate and distinct series, or classes thereof, as the Trustees from time to time create and establish. Each share shall have a par value of $.001 per share.001. The number of such shares of beneficial interest authorized hereunder is unlimited. All Shares issued in accordance with the terms hereof, hereunder including, without limitation, Shares issued in connection with a dividend in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, nonassessable when the consideration determined by the Trustees (if any) therefor shall have been received by the Trustand nonassessable.
Appears in 2 contracts
Samples: Agreement and Declaration of Trust (Pimco Funds Equity Advisors Series), Agreement and Declaration of Trust (Pimco Advisors Institutional Funds)
Beneficial Interest. The interest of the beneficiaries hereunder shall be divided into an unlimited number of transferable shares of beneficial interest, interest with par value $.001 per share. The number of such shares of beneficial interest authorized hereunder is unlimited. All Shares issued in accordance with the terms hereof, hereunder including, without limitation, Shares issued in connection with a dividend in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, nonassessable when the consideration determined by the Trustees (if any) therefor shall have been received by the Trustand non-assessable.
Appears in 2 contracts
Samples: Agreement and Declaration of Trust (GCG Trust), Agreement and Declaration of Trust (GCG Trust)
Beneficial Interest. The interest of the beneficiaries hereunder shall be divided into represented by an unlimited number of transferable shares of beneficial interest, par value $.001 per share. All Shares issued in accordance with the terms hereof, including, without limitation, Shares issued in connection with a dividend in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, nonassessable and non-assessable when the consideration determined by the Trustees (if any) therefor shall have been received by the Trust. The power to make certain changes against Shareholders and their Shares shall not be considered assessments for the foregoing purpose.
Appears in 1 contract
Samples: Agreement and Declaration of Trust (Baron Select Funds)
Beneficial Interest. The interest of the beneficiaries hereunder shall be divided into an unlimited number of transferable shares of beneficial interest, par value $.001 per share. All Shares issued in accordance with the terms hereof, including, without limitation, Shares issued in connection with a dividend in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, nonassessable when the consideration determined by the Trustees (if any) therefor shall have been received by the Trust.
Appears in 1 contract
Samples: Agreement and Declaration of Trust (Baron Capital Funds Trust)
Beneficial Interest. The interest of the beneficiaries -------------------- hereunder shall be divided into an unlimited number of transferable shares of beneficial interest, par value $.001 per share. All Shares issued in accordance with the terms hereof, including, without limitation, Shares issued in connection with a dividend in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, nonassessable when the consideration determined by the Trustees (if any) therefor shall have been received by the Trust.
Appears in 1 contract
Samples: Agreement and Declaration of Trust (Blackrock California Municipal Income Trust)
Beneficial Interest. The interest of the beneficiaries hereunder ---- ------------------- shall be divided into an unlimited number of transferable shares of beneficial interest, interest with par value $.001 per share. The number of such shares of beneficial interest authorized hereunder is unlimited. All Shares issued in accordance with the terms hereof, hereunder including, without limitation, Shares issued in connection with a dividend in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, nonassessable when the consideration determined by the Trustees (if any) therefor shall have been received by the Trustand nonassessable.
Appears in 1 contract
Samples: Agreement and Declaration of Trust (Pacific Select Fund)
Beneficial Interest. The interest of the beneficiaries hereunder shall be divided into an unlimited number of transferable shares of beneficial interest, par value $.001 per share. All Shares issued in accordance with the terms hereof, including, without limitation, Shares issued in connection with a dividend in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, and nonassessable when the consideration determined by the Trustees (if any) therefor therefore shall have been received by the Trust.
Appears in 1 contract
Samples: Agreement and Declaration of Trust (Gabelli Global Utility & Income Trust)
Beneficial Interest. The interest of the beneficiaries hereunder shall be divided into an unlimited number of transferable shares of beneficial interest, par value $.001 0.01 per share. All Shares issued in accordance with the terms hereof, including, without limitation, Shares issued in connection with a dividend in Shares or a split or reverse split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, nonassessable and non-assessable when the consideration determined by the Trustees (if any) therefor shall have been received by the Trust.
Appears in 1 contract
Beneficial Interest. The interest of the beneficiaries hereunder shall be divided into an unlimited number of transferable shares of beneficial interest, par value $.001 per share, any number of which may be preferred shares. All Shares issued in accordance with the terms hereof, including, without limitation, Shares issued in connection with a dividend in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, nonassessable when and nonassessable-When the consideration determined by the Trustees (if any) therefor shall have been received by the Trust.
Appears in 1 contract
Samples: Agreement and Declaration of Trust (Cbre Global Real Estate Income Fund)
Beneficial Interest. The interest of the beneficiaries hereunder shall be divided into an unlimited number of transferable shares of beneficial interest, par value $.001 .01 per share. All Shares issued in accordance with the terms hereof, including, without limitation, Shares issued in connection with a dividend in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, and nonassessable when the consideration determined by the Trustees (if any) therefor shall have been received by the Trust.
Appears in 1 contract
Samples: Agreement and Declaration of Trust (Center Coast MLP & Infrastructure Fund)
Beneficial Interest. The interest of the beneficiaries hereunder shall be divided into an unlimited number of transferable shares of beneficial interest, without par value $.001 per sharevalue, pursuant to Article IV hereof. All Shares issued in accordance with the terms hereof, including, without limitation, Shares issued in connection with a dividend in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, and nonassessable when the consideration determined by the Trustees (if any) therefor shall have been received by the Trust.
Appears in 1 contract
Samples: Trust Agreement (Vericimetry Funds)
Beneficial Interest. The interest of the beneficiaries hereunder shall be divided into an unlimited number of transferable shares of beneficial interest, interest without par value $.001 per sharevalue. All Shares issued in accordance with the terms hereof, including, without limitation, Shares issued in connection with a dividend in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, nonassessable when when, the consideration determined by the Trustees (if any) therefor shall have been received by the Trust.
Appears in 1 contract
Beneficial Interest. The interest of the beneficiaries hereunder shall be divided into an unlimited number of transferable shares of beneficial interest, interest without par value $.001 per sharevalue. All Shares issued in accordance with the terms hereof, including, without limitation, Shares issued in connection with a dividend in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, nonassessable when the consideration determined by the Trustees (if any) therefor shall have been received by the Trust.
Appears in 1 contract
Samples: Agreement and Declaration of Trust (Credit Suisse Opportunity Funds)
Beneficial Interest. The interest of the beneficiaries hereunder shall be divided into an unlimited number of transferable shares of beneficial interest, par value $.001 0.001 per share. All Shares issued in accordance with the terms hereof, including, without limitation, Shares issued in connection with a dividend or distribution in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, and nonassessable when the consideration determined by the Trustees (if any) therefor shall have been received by the Trust.
Appears in 1 contract
Samples: Agreement and Declaration of Trust (Weiss Strategic Interval Fund)
Beneficial Interest. The interest of the beneficiaries hereunder shall be divided into an unlimited number of transferable shares of beneficial interest, par value $.001 per share. All Shares issued in accordance with the terms hereof, including, without limitation, Shares issued in connection with a dividend in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, nonassessable when the consideration determined by the Trustees (if any) therefor shall have been received by the Trust.of
Appears in 1 contract
Samples: Agreement and Declaration of Trust (BlackRock Multi-Sector Income Trust)
Beneficial Interest. The interest of the beneficiaries hereunder ------------------- shall be divided into an unlimited number of transferable shares of beneficial interest, par value $.001 per share. All Shares issued in accordance with the terms hereof, including, without limitation, Shares issued in connection with a dividend in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, nonassessable when the consideration determined by the Trustees (if any) therefor shall have been received by the Trust.
Appears in 1 contract
Samples: Agreement and Declaration of Trust (Blackrock Florida Municipal Income Trust)
Beneficial Interest. The interest of the beneficiaries hereunder shall be divided into an unlimited number of transferable shares of beneficial interest, par value $.001 .01 per share. All Shares issued in accordance with the terms hereof, including, without limitation, Shares issued in connection with a dividend in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, and nonassessable when the consideration determined by the Trustees (if any) therefor shall have been received by the Trust.
Appears in 1 contract
Beneficial Interest. The interest of the beneficiaries Shareholders hereunder shall be divided into an unlimited number of transferable shares of beneficial interest, par value $.001 per share. All Shares issued in accordance with the terms hereof, including, without limitation, Shares issued in connection with a dividend payable in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, and nonassessable when the consideration determined by the Trustees (if any) therefor therefore shall have been received by the Trust.
Appears in 1 contract
Beneficial Interest. The interest of the beneficiaries hereunder shall be divided into an unlimited number of transferable shares Shares of one or more Class of beneficial interest, par value $.001 per shareShare. All Shares issued in accordance with the terms hereof, including, without limitation, Shares issued in connection with a dividend or distribution in Shares or a split of Shares, shall be fully paid and, except as provided in the last sentence of Section 3.8, nonassessable when the consideration determined by the Trustees (if any) therefor shall have been received by the Trust.
Appears in 1 contract
Samples: Agreement and Declaration of Trust (Pine Grove Alternative Institutional Fund)
