Creation of New Series Sample Clauses

Creation of New Series. The Trustees establish a new series of shares designated “Xxxxxxxxx Long/Short Equity Fund” effective September 13, 2016. The new series will have the relative rights and preferences described in Section 3.2 of the Agreement and Declaration of Trust. The Trustees effect this amendment as of September 13, 2016 and direct the Trust’s president to file, or cause to be filed, this Amendment and Supplement in the appropriate governmental offices. /s/ Xxxxxxx Xxxxxxxxx /s/ Xxxxx X. Xxxxxxx Xxxxxxx Xxxxxxxxx Xxxxx X. Xxxxxxx /s/ Xxxxx X. Xxxx /s/ Xxxxx X. XxXxxxx Xxxxx X. Xxxx Xxxxx X. XxXxxxx /s/ Xxxxx X. Xxxxx /s/ Xxxx X. Xxx Xxxxx Xxxxx X. Xxxxx Xxxx X. Xxx Xxxxx /s/ Xxxxx Xxxxxxx /s/ Xxxxx X. Xxxxxxxxx Xxxxx Xxxxxxx Xxxxx X. Xxxxxxxxx /s/ Xxxxx X. Xxxxx Xxxxx X. Xxxxx
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Creation of New Series. The Issuer shall not create a new Series of Notes without the prior written consent of the Funding Agent.
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Creation of New Series. The Trustees establish a new series of shares designated “Txxxxxxxx Strategic Income Fund” effective October 4, 2007. The new series will have the relative rights and preferences described in Section 3.2 of the Agreement and Declaration of Trust. The Trustees further establish and designate ten classes of shares of Txxxxxxxx Strategic Income Fund, each having an unlimited number of shares: the Class A Shares, the Class B Shares, the Class C Shares, the Class D Shares, the Class I Shares, the Class R1 Shares, the Class R2 Shares, the Class R3 Shares, the Class R4 Shares and the Class R5 Shares, respectively. Additional classes of shares of the Fund may be established and designated by the Trustees from time to time by supplement to this Amendment and Supplement. Shares of each Class so created will represent interests in the same assets of the Fund, and will be identical in all respects except as described below:
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Creation of New Series. Subject to Section 5.4 of the Master Agreement, in accordance with Section 2.6 of the Master Agreement, the Board established the New Series, which is a “Series” for purposes of the Master Agreement. For all purposes of the Act, this Separate Series Agreement together with the series agreements of all other “Series” established by the Partnership and the Master Agreement constitute the “partnership agreement” of the Partnership within the meaning of the Act, and all parties to this Separate Series Agreement hereby agree to be bound by all the terms of the Master Agreement. This Separate Series Agreement is incorporated by reference into the Master Agreement. The terms and provisions of this Separate Series Agreement may have the effect of altering, supplementing or amending the terms and provisions of the Master Agreement. To the extent that any of the terms or provisions of this Separate Series Agreement conflict with any of the terms or provisions of the Master Agreement, the terms of the Master Agreement shall control.
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Creation of New Series. The Manager may establish new Series (each, a “New Series”) as determined by the Manager, without the consent of any other Party or any other Person (in the sole and absolute discretion of the Manager). The terms of each New Series shall be as set forth in this Operating Agreement and a separate agreement establishing such New Series (a “Series Agreement”), but with such changes therein as determined by the Manager, without the consent of any other Party or any other Person (in the sole and absolute discretion of the Manager). For all purposes of the Act, this Operating Agreement together with each Series Agreement constitute the “limited liability company agreement” of the Company within the meaning of the Act. The creation of each New Series and the execution of Series Agreements in connection with such New Series shall not constitute an amendment of this Operating Agreement for purposes of Section ¶ 9.1. A Series Agreement or counterpart signature page thereto shall be executed by the Manager and by all of the Members associated with such New Series. Each Series will be deemed to be created upon such Series Agreement being duly executed (unless otherwise provided in the Act). As established from time to time in accordance with this Operating Agreement, additional Series may be designated as having separate rights, powers or duties with respect to specified property or obligations or profits and losses associated with specified property or obligations and, to the extent provided in this Operating Agreement or the Series Agreement of such Series, as having a separate business purpose than the Company or any other Series. A Person may be admitted as a Member of the Company associated with more than one Series. The Manager shall be the manager of the Company associated with each Series.
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Creation of New Series. The undersigned Trustees establish a new series of shares designated “Txxxxxxxx Emerging Markets Managed Account Fund” effective December 7, 2022. The new series will have the relative rights and preferences described in Section 3.2 of the Declaration of Trust. The undersigned Trustees establish a new series of shares designated “Txxxxxxxx Municipal Managed Account Fund” effective December 7, 2022. The new series will have the relative rights and preferences described in Section 3.2 of the Declaration of Trust. The undersigned Trustees effect this amendment as of December 7, 2022 and direct the Trust’s president to file, or cause to be filed, this Amendment and Supplement in the appropriate governmental offices. /s/ Gxxxxxx Xxxxxxxxx /s/ Pxxxxxx X. Xxxxxxxxxx Gxxxxxx Xxxxxxxxx Pxxxxxx X. Xxxxxxxxxx /s/ Sxxxx Xxxxxxx /s/ Oxxx X. Xxx Xxxxx Sxxxx Xxxxxxx Oxxx X. Xxx Xxxxx /s/ Sxxxx X. Xxxxx /s/ Jxxxx X. Xxxxxxxxx Sxxxx X. Xxxxx Jxxxx X. Xxxxxxxxx Txxxxxxxx Investment Trust Page 1 of 1 Thirty-Ninth Amendment and Supplement to Agreement and Declaration of Trust
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Creation of New Series 
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Related to Creation of New Series

  • Establishment and Designation of Series The establishment and designation of any Series or class of Shares shall be effective upon the resolution by a majority of the then Board of Trustees, adopting a resolution which sets forth such establishment and designation and the relative rights and preferences of such Series or class. Each such resolution shall be incorporated herein by reference upon adoption. Each Series shall be separate and distinct from any other Series and shall maintain separate and distinct records on the books of the Trust, and the assets and liabilities belonging to any such Series shall be held and accounted for separately from the assets and liabilities of the Trust or any other Series. Shares of each Series or class established pursuant to this Section 6, unless otherwise provided in the resolution establishing such Series, shall have the following relative rights and preferences:

  • Allocation of Net Deferred Interest For any Distribution Date, the Net Deferred Interest on the Mortgage Loans will be allocated among the Classes of Certificates (or, with respect to the Class X Certificates, the PO Components) in proportion to the excess, if any, for each such Class of (i) the Monthly Interest Distributable Amount accrued at the Pass-Through Rate for such Class, over (ii) the amount of the Monthly Interest Distributable Amount for such Class calculated at the applicable Adjusted Cap Rate for such Class. On each Distribution Date, any amount of Net Deferred Interest allocable to a Class of Certificates (other than the Class X Certificates) on such Distribution Date will be added as Principal to the outstanding Class Certificate Principal Balance of such Class of Certificates. With respect to the Class X Certificates and each Distribution Date, any amount of Net Deferred Interest added to the Principal Balances of the related Mortgage Loans that is allocated to the Class X Certificates on such Distribution Date will be added as principal to the outstanding Component Principal Balances of the PO-1 Component and the PO-2 Component based upon the amount of Deferred Interest attributable to the Mortgage Loans in the related Loan Group.

  • New Series The terms and provisions of this Agreement shall become automatically applicable to any additional series of the Trust established during the initial or renewal term of this Agreement.

  • MODIFICATION OF NOTE 3.1 From and after the Effective Date, the provision in the Note captioned "Promise to Pay" is hereby amended as follows: The date on which the entire balance of unpaid principal plus accrued interest shall be due and payable immediately is hereby changed from March 31, 2010 to March 31, 2012.

  • 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).

  • Additional Series In the event that the Trust establishes one or more series after the effectiveness of this Agreement ("Additional Series"), Appendix A to this Agreement may be amended to make such Additional Series subject to this Agreement upon the approval of the Board of Trustees of the Trust and the shareholder(s) of the Additional Series, in accordance with the provisions of the Act. The Trust or the Adviser may elect not to make any such series subject to this Agreement.

  • Acceleration of Notes If payment of the Notes is accelerated because of an Event of Default, the Company shall promptly notify holders of Senior Debt of the acceleration.

  • Designation of Series Pursuant to the terms hereof and Sections 201 and 301 of the Base Indenture, the Company hereby creates two series of Securities designated the “1.749% Guaranteed Notes due 2030” and the “2.772% Guaranteed Notes due 2050”, which Notes shall be deemed “Securities” for all purposes under the Base Indenture.

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