Class Proportionate Interests. Each Class of a Portfolio shall have a Proportionate Interest in the net assets belonging to that Portfolio. References herein to assets, expenses, charges, costs and reserves “allocable” or “allocated” to a particular Class of a Portfolio shall mean the aggregate amount of such items held with respect to such Portfolio multiplied by the Class’s Proportionate Interest.
Appears in 10 contracts
Samples: Agreement and Declaration of Trust (Manager Directed Portfolios), Agreement and Declaration of Trust (Manager Directed Portfolios), Agreement and Declaration of Trust (Manager Directed Portfolios)
Class Proportionate Interests. Each Class of a Portfolio shall have a Proportionate Interest in the net assets belonging to that Portfolio. References herein to assets, expenses, charges, costs and reserves “"allocable” " or “"allocated” " to a particular Class of a Portfolio shall mean the aggregate amount of such items held with respect to such Portfolio multiplied by the Class’s 's Proportionate Interest.
Appears in 3 contracts
Samples: Trust Agreement (CRM Mutual Fund Trust), Agreement and Declaration of Trust (Roxbury Funds), Agreement and Declaration of Trust (Roxbury Funds)
