Common use of Committees of Trustees Clause in Contracts

Committees of Trustees. The Trustees may by resolution designate one or more committees, each consisting of two (2) or more Trustees, to serve at the pleasure of the Trustees. The Trustees may designate one or more Trustees as alternate members of any committee who may replace any absent member at any meeting of the committee. Any committee, to the extent provided for by resolution of the Trustees, shall have the authority of the Trustees, except with respect to: (a) the approval of any action which under applicable law requires approval by a majority of the Trustees or certain Trustees; (b) the filling of vacancies of Trustees; (c) the fixing of compensation of the Trustees for services generally or as a member of any committee; (d) the amendment or termination of the Declaration of Trust or any Series or Class or the amendment of the By-Laws or the adoption of new By-Laws; (e) the amendment or repeal of any resolution of the Trustees which by its express terms is not so amendable or repealable; (f) a distribution to the Shareholders of the Trust, except at a rate or in a periodic amount or within a designated range determined by the Trustees; or (g) the appointment of any other committees of the Trustees or the members of such new committees.

Committees of Trustees. The Board of Trustees may by resolution adopted by a majority of the authorized number of trustees designate one or more committees, each consisting of two (2) or more Trusteestrustees, to serve at the pleasure of the TrusteesBoard. The Trustees Board may designate one or more Trustees trustees as alternate members of any committee who may replace any absent member at any meeting of the committee. Any committee, committee to the extent provided for by in the resolution of the TrusteesBoard, shall have the authority of the TrusteesBoard, except with respect to: (a) the approval of any action which under applicable law also requires shareholders' approval or approval of the outstanding shares, or requires approval by a majority of the Trustees entire Board or certain Trusteesmembers of said Board; (b) the filling of vacancies on the Board of TrusteesTrustees or in any committee; (c) the fixing of compensation of the trustees for serving on the Board of Trustees for services generally or as a member of on any committee; (d) the amendment or termination repeal of the Declaration of Trust or any Series or Class or the amendment of the By-Laws Bylaws or the adoption of new By-LawsBylaws; (e) the amendment or repeal of any resolution of the Board of Trustees which by its express terms is not so amendable or repealable; (f) a distribution to the Shareholders of the Trust, except at a rate or in a periodic amount or within a designated range determined by the Trustees; or (gf) the appointment of any other committees of the Board of Trustees or the members of such new these committees.

Committees of Trustees. The Trustees may by be resolution designate one or more committees, each consisting of two (2) or more Trustees, to serve at the pleasure of the Trustees. The Trustees may designate one or more Trustees as alternate members of any committee who may replace any absent member at any meeting of the committee. Any committee, to the extent provided for by resolution of the Trustees, shall have the authority of the Trustees, except with respect to: (a) the approval of any action which under applicable law requires approval by a majority of the Trustees or certain Trustees; (b) the filling of vacancies of Trustees; (c) the fixing of compensation of the Trustees for services generally or as a member of any committee; (d) the amendment or termination of the Declaration of Trust or any Series or Class or the amendment of the By-Laws or the adoption of new By-Laws; (e) the amendment or repeal of any resolution of the Trustees which by its express terms is not so amendable or repealable; (f) a distribution to the Shareholders of the Trust, except at a rate or in a periodic amount or within a designated range determined by the Trustees; or (g) the appointment of any other committees of the Trustees or the members of such new committees.

Committees of Trustees. The Board of Trustees may by resolution adopted by a majority of the authorized number of Trustees designate one or more committees, each consisting of two (2) or more Trustees, to serve at the pleasure of the TrusteesBoard. The Trustees Board may designate one or more Trustees as alternate members of any committee who may replace any absent member at any meeting of the committee. Any committee, committee to the extent provided for by in the resolution of the TrusteesBoard, shall have the authority of the TrusteesBoard, except with respect to: (a) the approval of any action which under applicable law also requires shareholders’ approval or approval of the outstanding shares, or requires approval by a majority of the Trustees entire Board or certain Trusteesmembers of said Board; (b) the filling of vacancies on the Board of TrusteesTrustees or in any committee; (c) the fixing of compensation of the Trustees for services generally serving on the Board of Trustees or as a member of on any committee; (d) the amendment or termination repeal of the Declaration Agreement or of Trust or any Series or Class or the amendment of the these By-Laws or the adoption of new By-Laws; (e) the amendment or repeal of any resolution of the Board of Trustees which by its express terms is not so amendable or repealable; (f) a distribution to the Shareholders shareholders of the Trust, except at a rate or in a periodic amount or within a designated range determined by the Board of Trustees; or (g) the appointment of any other committees of the Board of Trustees or the members of such new these committees.

Committees of Trustees. The Trustees may by resolution designate one or more committees, each consisting of two (2) or more Trustees, to serve at the pleasure of the Trustees. The Trustees may designate one or more Trustees as alternate members of any committee who may replace any absent member at any meeting of the committee. Any committee, committee to the extent provided for by in the resolution of the Trustees, shall have the authority of the Trustees, except with respect to: (a) the approval of any action which under applicable law requires approval by a majority of the entire authorized number of Trustees or certain Trustees; (b) the filling of vacancies of Trustees; (c) the fixing of compensation of the Trustees for services generally or as a member of any committee; (d) the amendment or termination of the Declaration of Trust or any Series or Class or the amendment of the By-Laws laws or the adoption of new By-Lawslaws; (e) the amendment or repeal of any resolution of the Trustees which by its express terms is not so amendable or repealable; (f) a distribution to the Shareholders of the Trust, except at a rate or in a periodic amount or within a designated range determined by the Trustees; or (g) the appointment of any other committees of the Trustees or the members of such new committees.

Committees of Trustees. The Trustees may by resolution designate one or more committees, each consisting of two (2) or more Trustees, to serve at the pleasure of the Trustees. The Trustees may designate one or more Trustees as alternate members of any committee who may replace any absent member at any meeting of the committee. Any committee, committee to the extent provided for by in the resolution of the TrusteesTrustee, shall have the authority of the Trustees, except with respect to: (a) the approval of any action which under applicable law requires approval by a majority of the entire authorized number of Trustees or certain Trustees; (b) the filling of vacancies of Trustees; (c) the fixing of compensation of the Trustees for services generally or as a member of any committee; (d) the amendment or termination of the Declaration of Trust or any Series or Class or the amendment of the By-Laws or the adoption of new By-Laws; (e) the amendment or repeal of any resolution of the Trustees which by its express terms is not so amendable or repealable; (f) a distribution to the Shareholders of the Trust, except at a rate or in a periodic amount or within a designated range determined by the Trustees; or (g) the appointment of any other committees of the Trustees or the members of such new committees.

Committees of Trustees. The Board of Trustees may may, by resolution resolution, designate one or more committees, each consisting of two (2) or more Trustees, to serve at the pleasure of the TrusteesBoard. The Trustees Board may designate one or more Trustees as alternate members of any committee who may replace any absent member at any meeting of the committee. Any committee, committee to the extent provided for by in the resolution of the TrusteesBoard, shall have the authority of the TrusteesBoard, except with respect to: (a) the The approval of any action which under applicable law also requires shareholders' approval or approval of the outstanding shares, or requires approval by a majority of the Trustees entire Board or certain Trusteesmembers of the Board; (b) the The filling of vacancies on the Board of TrusteesTrustees or in any committee; (c) the The fixing of compensation of the Trustees for services generally or as a member of any committee; (d) the The amendment or termination of the Declaration of Trust or any Series or Class or the amendment of the By-Laws or the adoption of new By-Laws; (e) the The amendment or repeal of any resolution of the Board of Trustees which by its express terms is not so amendable or repealable; (f) a A distribution to the Shareholders shareholders of the Trust, except at a rate or in a periodic amount or within a designated range determined by the Board of Trustees; or (g) the The appointment of any other committees of the Board of Trustees or the members of such new committees.