Common use of Combination of Series Clause in Contracts

Combination of Series. The Trustees shall have the authority, without the approval of the Shareholders of any Series unless otherwise required by applicable federal 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. Elimination of Series. At any time that there are no Shares outstanding of a Series (or class), the Trustees may abolish such Series (or class).

Appears in 5 contracts

Samples: Agreement and Declaration of Trust (Vanguard Charlotte Funds), Amendment to Agreement and Declaration of Trust (Vanguard World Fund), Amendment to Agreement and Declaration of Trust (Vanguard World Fund)

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