Common use of Combination of Series or Class Clause in Contracts

Combination of Series or Class. The Board of Trustees shall have the authority, without the approval of the Shareholders of any Series or class, unless otherwise required by applicable law, to combine the assets and liabilities held with respect to any two or more Series or two or more classes into assets and liabilities held with respect to a single Series or class, respectively.

Appears in 10 contracts

Samples: Agreement and Declaration of Trust (Wilmington Funds), Agreement and Declaration of Trust (BBH Trust), Agreement and Declaration of Trust (MTB Group of Funds)

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Combination of Series or Class. The Board of Trustees shall have the authority, without the approval of the Shareholders of any Series or classClass, unless otherwise required by applicable law, to combine the assets and liabilities held with respect to any two or more Series or two or more classes Classes into assets and liabilities held with respect to a single Series or classClass, respectively.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (BBH Trust)

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