Common use of Combination of Series and Classes Clause in Contracts

Combination of Series and Classes. The Trustees shall have the authority, without the approval of the Shareholders of the Trust or any Series or Class unless otherwise required by applicable federal law, to combine the assets and liabilities held with respect to any two or more Series or Classes into assets and liabilities held with respect to a single Series or Class and in connection therewith to cause the Shareholders of each such Series or Class to become shareholders of such single Series or Class.

Appears in 159 contracts

Samples: Exchange Place Advisors Trust (Exchange Place Advisors Trust), Stone Ridge Trust (Stone Ridge Trust), The Agreement (Federated Hermes Adviser Series)

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Combination of Series and Classes. The Trustees shall have the authority, without the approval of the Shareholders of the Trust or any Series or Class unless otherwise required by applicable federal law, to combine the assets and liabilities held with respect to any two or more Series or Classes into assets and liabilities held with respect to a single Series or Class and in connection therewith to cause the Shareholders of each such Series or Class to become shareholders Shareholders of such single Series or Class.

Appears in 6 contracts

Samples: Agreement and Declaration (American Beacon Institutional Funds Trust), Agreement and Declaration (American Beacon Apollo Total Return Fund), Agreement and Declaration (American Beacon Sound Point Enhanced Income Fund)

Combination of Series and Classes. The Trustees shall have the authority, without the approval of the Shareholders of the Trust or any Series or Class unless otherwise required by applicable federal law, to combine the assets and liabilities held with respect to any two or more Series or Classes into assets and liabilities held with respect to a single Series or Class and in connection therewith to cause the Shareholders of each such Series or Class to become shareholders of such single Series or Class.

Appears in 6 contracts

Samples: Agreement and Declaration (Milliman Variable Insurance Trust), Agreement and Declaration (Milliman Variable Insurance Trust), Agreement and Declaration (Ivy Variable Insurance Portfolios)

Combination of Series and Classes. The Trustees shall have the authority, without the approval of the Shareholders of the Trust or any Series or Class Class, irrespective of any adverse affect upon a Shareholder, unless otherwise required by applicable federal law, to combine the assets and liabilities held with respect to any two or more Series or Classes into assets and liabilities held with respect to a single Series or Class and in connection therewith to cause the Shareholders of each such Series or Class to become shareholders Shareholders of such single Series or Class.

Appears in 4 contracts

Samples: 1290 Funds, Agreement (Symmetry Panoramic Trust), www.sec.gov

Combination of Series and Classes. The Trustees shall have the authority, without the approval of the Shareholders of the Trust or any Series or Class Class, irrespective of any adverse affect upon a Shareholder, unless otherwise required by applicable federal law, to combine the assets and liabilities held with respect to any two or more Series or Classes into assets and liabilities held with respect to a single Series or Class and in connection therewith to cause the Shareholders of each such Series or Class to become shareholders Shareholders of such single Series or Class.

Appears in 2 contracts

Samples: Agreement and Declaration (1290 Funds), Agreement and Declaration of Trust (1290 Funds)

Combination of Series and Classes. The Trustees shall have the authority, without the approval of the Shareholders of the Trust or any Series or Class unless otherwise required by applicable federal law, to combine the assets and liabilities held with respect to any two or more Series or Classes into assets and liabilities held with respect to a single Series or Class and in connection therewith to cause the Shareholders of each such Series or Class to become shareholders of such single Series or Class.

Appears in 2 contracts

Samples: Agreement and Declaration of Trust (Allianz Variable Insurance Products Trust), And Restated Agreement (Allianz Variable Insurance Products Fund of Funds Trust)

Combination of Series and Classes. The Trustees shall have the authority, without the approval of the Shareholders of the Trust or any Series or Class unless otherwise required by applicable federal law, to combine the assets and liabilities held with respect to any two or more Series or Classes into assets and liabilities held with respect to a single Series or Class and in connection therewith to cause the Shareholders of each such Series or Class to become shareholders Shareholders of such single Series or Class.

Appears in 1 contract

Samples: Agreement and Declaration (Eq Advisors Trust)

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Combination of Series and Classes. The Trustees shall have the authority, without the approval of the Shareholders of the Trust or any Series or Class unless otherwise required by applicable federal law, to combine the assets and liabilities held with respect to any two or more Series or Classes into assets and liabilities held with respect to a single Series or Class and in connection therewith to cause the Shareholders of each such Series or Class to become shareholders of such single Series or Class.

Appears in 1 contract

Samples: Agreement and Declaration (City National Rochdale Funds)

Combination of Series and Classes. The Trustees shall have the authority, without the approval of the Shareholders of the Trust or any Series or Class unless otherwise required by applicable federal law, to combine the assets and liabilities held with respect to any two or more Series or Classes into assets and liabilities held with respect to a single Series or Class and in connection therewith to cause the Shareholders of each such Series or Class to become shareholders of such single Series or Class.Series

Appears in 1 contract

Samples: Agreement and Declaration (Eq Advisors Trust)

Combination of Series and Classes. The Trustees shall have the authority, without the approval of the Shareholders of the Trust or any Series or Class unless otherwise required by applicable federal law, to combine the assets and liabilities held with respect to any two (2) or more Series or Classes into assets and liabilities held with respect to a single Series or Class and in connection therewith to cause the Shareholders of each such Series or Class to become shareholders of such single Series or Class.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Ivy NextShares)

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