Common use of Class Differences Clause in Contracts

Class Differences. The relative rights and preferences of the classes of any Sub-Trust may differ in such other respects as the Trustees may determine to be appropriate in their sole discretion, provided that such differences are set forth in the instrument establishing and designating such classes and executed by a majority of the Trustees (or by an instrument executed by an officer of the Trust pursuant to a vote of a majority of the Trustees).

Appears in 7 contracts

Samples: Master Trust Agreement (Smith Barney Multiple Discipline Account Trust), Master Trust Agreement (State Street Research Capital Trust), Agreement and Declaration (Calamos Advisors Trust/Il)

AutoNDA by SimpleDocs

Class Differences. The relative rights and preferences of the classes of any Sub-Trust may differ in such other respects as the Trustees may determine to be appropriate in their sole discretion, provided that such differences are set forth in the resolutions adopted by the Trustees or the instrument establishing and designating such classes and executed by a majority of the Trustees (or by an instrument executed by an officer of the Trust pursuant to a vote of a majority of the Trustees).

Appears in 6 contracts

Samples: Master Trust Agreement (Icon Funds), Senior Funds Master Trust Agreement (Senior Funds), Master Trust Agreement (Amerisen Funds)

Class Differences. The Subject to Section 4.1, the relative rights and preferences of the classes of any Sub-Trust may differ in such other respects as the Trustees may determine to be appropriate in their sole discretion, provided that such differences are set forth in the instrument establishing and designating such classes and executed by a majority of the Trustees (or by an instrument executed by an officer of the Trust pursuant to a vote of a majority of the Trustees).

Appears in 3 contracts

Samples: Agreement and Declaration of Trust (Uam Funds Trust), Master Trust Agreement (Lend Lease Funds), Fund Ii Agreement (Uam Funds Trust)

Class Differences. The Subject to Section 4.1, the relative rights and preferences of the classes of any Sub-Sub- Trust may differ in such other respects as the Trustees may determine to be appropriate in their sole discretion, provided that such differences are set forth in the instrument establishing and designating such classes and executed by a majority of the Trustees (or by an instrument executed by an officer of the Trust pursuant to a vote of a majority of the Trustees).

Appears in 2 contracts

Samples: Funds Amended Agreement (LKCM Fund), LKCM Fund Agreement (LKCM Fund)

AutoNDA by SimpleDocs

Class Differences. The relative rights and preferences of the classes Classes of any Sub-Trust may differ in such other respects as the Trustees may determine to be appropriate in their sole discretion, provided that such differences are set forth in the instrument establishing and designating such classes Classes and executed by a majority of the Trustees (or by an instrument executed by an officer of the Trust pursuant to a vote of a majority of the Trustees).

Appears in 1 contract

Samples: Master Trust Agreement (Greenwich Street Series Fund)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!