Common use of By Whom Determined Clause in Contracts

By Whom Determined. The Trustees shall have the power and duty to determine from time to time the net asset value per share of the Shares of each Series. They may appoint one or more Persons to assist them in the determination of the value of securities in the portfolio of each Series and to make the actual calculations pursuant to their directions. Any determination made pursuant to this Article VII shall be binding on all parties concerned.

Appears in 4 contracts

Samples: Declaration and Agreement of Trust (Lord Abbett Investment Trust), Declaration and Agreement of Trust (Lord Abbett Tax Free Income Trust), Trust Agreement (Lord Abbett Blend Trust)

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