Common use of Committees; Delegation Clause in Contracts

Committees; Delegation. The Trustees shall have the power to appoint from their own number, and terminate, any one or more committees consisting of two or more Trustees, including an executive committee which may exercise some or all of the power and authority of the Trustees as the Trustees may determine (including but not limited to the power to determine net asset value and net income), subject to any limitations contained in the By-Laws, and in general to delegate from time to time to one or more of their number or to officers, employees or agents of the Trust such power and authority and the doing of such things and the execution of such instruments, either in the name of the Trust or the names of the Trustees or otherwise, as the Trustees may deem expedient, provided that no committee shall have the power

Appears in 3 contracts

Samples: Declaration and Agreement (Lord Abbett Investment Trust), Declaration and Agreement (Lord Abbett Delta Fund), Declaration and Agreement (Lord Abbett Tax Free Income Trust)

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Committees; Delegation. The Trustees shall have the power to appoint from their own number, and terminate, any one or more committees consisting of two one or more Trustees, including an executive committee which may exercise some or all of the power and authority of the Trustees as the Trustees may determine (including but not limited to the power to determine net asset value and net income), subject to any limitations contained in the By-Laws, and in general to delegate from time to time to one or more of their number or to officers, employees or agents of the Trust such power and authority and the doing of such things and the execution of such instruments, either in the name of the Trust or the names of the Trustees or otherwise, as the Trustees may deem expedient, provided that no committee shall have the power

Appears in 3 contracts

Samples: Declaration and Agreement of Trust (Lord Abbett Large Cap Growth Fund), Declaration and Agreement (Lord Abbett Investment Trust), Declaration and Agreement (Lord Abbett Investment Trust)

Committees; Delegation. The Trustees shall have the power to appoint from their own number, and terminate, any one or more committees consisting of two or more Trustees, including an executive committee which may exercise some or all of the power and authority of the Trustees as the Trustees may determine (including but not limited to the power to determine net asset value and net income), subject to any limitations contained in the By-Laws, and in general to delegate from time to time to one or more of their number or to officers, employees or agents of the Trust such power and authority and the doing of such things and the execution of such instruments, either in the name of the Trust or the names of the Trustees or otherwise, as the Trustees may deem expedient, provided that no committee shall have the power:

Appears in 2 contracts

Samples: Agreement And (Transamerica Idex Mutual Funds), Aegon/Transamerica Series Trust

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Committees; Delegation. The Trustees shall have the power to appoint from their own number, and terminate, any one or more committees consisting of two or more Trustees, including an executive committee which may exercise some or all of the power and authority of the Trustees as the Trustees may determine (including but not limited to the power to determine net asset value and net income), subject to any limitations contained in the By-Laws, and in general to delegate from time to time to one or more of their number or to officers, employees or agents of the Trust such power and authority and the doing of such things and the execution of such instruments, either in the name of the Trust or the names of the Trustees or otherwise, as the Trustees may deem expedient, provided PROVIDED that no committee shall have the power

Appears in 1 contract

Samples: Declaration and Agreement (Lord Abbett Blend Trust)

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