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. The transactions contemplated by this Section 3.6(f) may be effected through share-for-share exchanges, transfers, or sales of assets, Shareholder in-kind redemptions and purchases, exchange offers, or any other method approved by the Trustees.
Appears in 50 contracts
Samples: Agreement and Declaration (LifeX Income Trust 1948F), LifeX Inflation-Protected Income Trust 1948F, LifeX Income Trust 1948F
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 shareholders of such single Series or Class. The transactions contemplated by this Section 3.6(f) may be effected through share-for-share exchanges, transfers, or sales of assets, Shareholder in-kind redemptions and purchases, exchange offers, or any other method approved by the Trustees.
Appears in 9 contracts
Samples: Agreement and Declaration (Meketa Infrastructure Fund), Agreement and Declaration (Stone Ridge Trust VIII), Agreement and Declaration (Stone Ridge Trust VIII)
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 shareholders of such single Series or Class. The transactions contemplated by this Section 3.6(f) may be effected through share-for-share exchanges, transfers, or sales of assets, Shareholder in-in- kind redemptions and purchases, exchange offers, or any other method approved by the Trustees.
Appears in 2 contracts
Samples: Agreement and Declaration (Meketa Infrastructure Fund), Primark Private Equity Fund
