Combination of Series or Classes. (i) The Board of Trustees shall have the authority, without the approval, vote or consent of the Shareholders of any Series, unless otherwise required by applicable law, to combine the assets and liabilities held with respect to any two or more Series into assets and liabilities held with respect to a single Series; provided that upon completion of such combination of Series, the interest of each Shareholder, in the combined assets and liabilities held with respect to the combined Series shall equal the interest of each such Shareholder in the aggregate of the assets and liabilities held with respect to the Series that were combined.
Appears in 124 contracts
Samples: Grayscale Funds Trust (Grayscale Funds Trust), Agreement and Declaration (Grayscale Funds Trust), Agreement and Declaration (Emerge ETF Trust)
Combination of Series or Classes. (i) The Board of Trustees shall have the authority, without the approval, vote or consent of the Shareholders of any Series, unless otherwise required by applicable law, to combine the assets and liabilities held with respect to any two or more Series into assets and liabilities held with respect to a single Series; provided PROVIDED that upon completion of such combination of Series, the interest of each Shareholder, in the combined assets and liabilities held with respect to the combined Series shall equal the interest of each such Shareholder in the aggregate of the assets and liabilities held with respect to the Series that were combined.
Appears in 15 contracts
Samples: Agreement and Declaration (Franklin Templeton Fund Allocator Series), Agreement and Declaration (Franklin High Income Trust), Agreement and Declaration (Templeton Global Opportunities Trust)
Combination of Series or Classes. (i) The Board of Trustees shall have the authority, without the approval, vote vote, or consent of the Shareholders of any Series, unless otherwise required by applicable law, to combine the assets and liabilities held with respect to any two or more Series into assets and liabilities held with respect to a single Series; , provided that that, upon completion of such combination of Series, the interest of each Shareholder, Shareholder in the combined assets and liabilities held with respect to the combined Series shall equal the interest of each such Shareholder in the aggregate of the assets and liabilities held with respect to the Series that were combined.
Appears in 10 contracts
Samples: Agreement and Declaration (Dfa Investment Trust Co), Agreement and Declaration (Dimensional Emerging Markets Value Fund), Agreement and Declaration (AssetMark Funds II)
Combination of Series or Classes. (i) The Board of Trustees shall have the authority, without the approval, vote or consent of the Shareholders of any Series, unless otherwise required by applicable law, to combine the assets and liabilities held with respect to any two or more Series into assets and liabilities held with respect to a single Series; Series; provided that upon completion of such combination of Series, the interest of each Shareholder, in the combined assets and liabilities held with respect to the combined Series shall equal the interest of each such Shareholder in the aggregate of the assets and liabilities held with respect to the Series that were combined.
Appears in 3 contracts
Samples: Agreement and Declaration (Palmer Square Funds Trust), Agreement and Declaration of Trust (Palmer Square Funds Trust), Agreement and Declaration of Trust (SP Funds Trust)
Combination of Series or Classes. (i1) The Board of Trustees shall have the authority, without the approval, vote or consent of the Shareholders of any Series, unless otherwise required by applicable law, to combine the assets and liabilities held with respect to any two or more Series into assets and liabilities held with respect to a single Series; provided that upon completion of such combination of Series, the interest of each Shareholder, in the combined assets and liabilities held with respect to the combined Series shall equal the interest of each such Shareholder in the aggregate of the assets and liabilities held with respect to the Series that were combined.
Appears in 3 contracts
Samples: Agreement and Declaration of Trust (Total Fund Solution), Agreement and Declaration of Trust (Cantor Fitzgerald Sustainable Infrastructure Fund), Agreement and Declaration of Trust (Total Fund Solution)
Combination of Series or Classes. (i) The Board of Trustees shall have the authority, without the approval, vote or consent of the Shareholders of any Series, unless otherwise required by applicable law, to combine the assets and liabilities held with respect to any two or more Series into assets and liabilities held with respect to a single Series; provided that upon completion of such combination of Series, the interest of each Shareholder, in the combined assets and liabilities held with respect to the combined Series shall equal the interest of each such Shareholder in the aggregate of the assets and liabilities held with respect to the Series that were combined.of
Appears in 1 contract
Samples: Agreement and Declaration of Trust (Franklin Templeton Trust)
Combination of Series or Classes. (i) The Board of Trustees shall have the authority, without the approval, vote or consent of the Shareholders of any Series, unless otherwise required by applicable law, to combine the assets and liabilities held with respect to any two or more Series into assets and liabilities held with respect to a single Series; : provided that upon completion of such combination of Series, the interest of each Shareholder, in the combined assets and liabilities held with respect to the combined Series shall equal the interest of each such Shareholder in the aggregate of the assets and liabilities held with respect to the Series that were combined.
Appears in 1 contract
Samples: Agreement and Declaration (Franklin Templeton Global Trust)
Combination of Series or Classes. (i) The Board of Trustees shall have the authority, without the approval, vote or consent approval of the Shareholders of any Series, 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 Classes into assets and liabilities held with respect to a single Series; provided that upon completion of such combination of Series, the interest of each Shareholder, in the combined assets and liabilities held with respect to the combined Series shall equal the interest of each such Shareholder in the aggregate of the assets and liabilities held with respect to the Series that were combinedor Class.
Appears in 1 contract
Combination of Series or Classes. (i) The Board of Trustees shall have the authority, without the approval, vote or consent of the Shareholders of any Series, unless otherwise required by applicable law, to combine the assets and liabilities held with respect to any two or more Series into assets and liabilities held with respect to a single Series; provided that upon completion of such combination of Series, the interest of each Shareholder, in the combined assets and liabilities held with respect to the combined Series shall equal the interest of each such eachsuch Shareholder in the aggregate of the assets and liabilities held with respect to the Series that were combined.
Appears in 1 contract
Samples: Agreement and Declaration (Franklin Templeton Variable Insurance Products Trust)
Combination of Series or Classes. (i) The Board of Trustees shall have the authority, without the approval, vote or consent of the Shareholders of any Series, unless otherwise required by applicable law, to combine the assets and liabilities held with respect to any two or more Series into assets and liabilities held with respect to respectto a single Series; provided PROVIDED that upon completion of such combination of Series, the interest of each Shareholder, in the combined assets and liabilities held with respect to the combined Series shall equal the interest of each such Shareholder in the aggregate of the assets and liabilities held with respect to the Series that were combined.
Appears in 1 contract
Samples: Agreement and Declaration (Franklin Real Estate Securities Trust)
Combination of Series or Classes. (i) The Board of Trustees shall have the authority, without the approval, vote or consent approval of the Shareholders of any Series, Series unless otherwise required by applicable law, to combine the assets and liabilities held with respect to any two or more Series into assets and liabilities held with respect to a single Series; provided PROVIDED that upon completion of such combination of Series, the interest of each Shareholder, in the combined assets and liabilities held with respect to the combined Series shall equal the interest of each such Shareholder in the aggregate of the assets and liabilities held with respect to the Series that were combined.
Appears in 1 contract
Samples: Agreement and Declaration (Templeton Global Investment Trust)
Combination of Series or Classes. (i) The Board of Trustees shall have the authority, without the approval, vote or consent of the Shareholders of any Series, unless otherwise required by applicable law, to combine the assets and liabilities held with respect to any two or more Series into assets and liabilities held with respect to a single Series; provided PROVIDED that upon completion of such -------- combination of Series, the interest of each Shareholder, in the combined assets and liabilities held with respect to the combined Series shall equal the interest of each such Shareholder in the aggregate of the assets and liabilities held with respect to the Series that were combined.
Appears in 1 contract
Samples: Agreement and Declaration (Franklin Mutual Recovery Fund)
