Decreases and Withdrawals. A Holder shall have the right on any day the New York Stock Exchange is open to decrease its Interest in the Company and to withdraw completely from, at the next determined net asset value attributable to the Interest (or portion thereof) being withdrawn, and an appropriate adjustment therefor shall be made to such Holder's Book
Decreases and Withdrawals. A Holder shall have the right on any day the New York Stock Exchange is open to decrease its Interest in any Series, and to withdraw completely from any Series, at the next determined net asset value attributable to the Interest (or portion thereof) being withdrawn, and an appropriate adjustment therefor shall be made to such Holder’s Book Capital Account. The rights of a Holder upon withdrawal from a Series shall be limited to the assets belonging to the Series from which the withdrawal is made. The Trust may, subject to compliance with the 1940 Act, charge fees for effecting such decrease or withdrawal, at such rates as the Trustees may establish, and may at any time and from time to time, suspend such right of decrease or withdrawal. The procedures for effecting decreases or withdrawals shall be as determined by the Trustees from time to time, subject to the requirements of the 1940 Act.
Decreases and Withdrawals. A Member shall have the right as set forth in the Registration Statement and subject to applicable Law to decrease its Units in the Company and to withdraw completely from, at the next determined net asset value attributable to the Units (or portion thereof) being withdrawn, and an appropriate adjustment therefor shall be made to such Member's Capital Account. The rights of such "Redeeming Member" upon withdrawal from the Company shall be limited to the assets belonging to the class with respect to which the withdrawal is made. The Company may, subject to compliance with the Investment Company Act, charge fees for effecting such decrease or withdrawal, at such rates as the Directors may establish. The procedures for effecting decreases or withdrawals shall be as determined by the Directors from time to time, subject to the requirements of the Investment Company Act.
Decreases and Withdrawals. 14 Section 6.1. Decreases and Withdrawals ............................... 14 ARTICLE VII DETERMINATION OF BOOK CAPITAL ACCOUNT BALANCES, NET INCOME AND DISTRIBUTIONS .................................. 15 Section 7.1. Book Capital Account Balances ........................... 15 Section 7.2. Allocations and Distributions to Holders ................ 15 Section 7.3. Power to Modify Foregoing Procedures .................... 15 ARTICLE VIII LIABILITY FOR COMPANY OBLIGATIONS; FIDUCIARY DUTIES .......... 15
Decreases and Withdrawals. 20 Section 13.2
Decreases and Withdrawals. A Holder shall have the authority to ------------------------- decrease or withdraw its Units in the Trust, at such Holder's option, subject to the terms and conditions provided in this Article VII. The Trust shall, upon application of any Holder or pursuant to authorization from any Holder, and subject to this Section 7.2, decrease or withdraw such Holder's Units; provided that (a) the amount of such decrease or withdrawal shall not exceed the reduction in the Holder's Book Capital Account effected by such decrease or withdrawal of its Units and (b) if so authorized by the Trustees, the Trust may, at any time and from time to time, charge fees for effecting such decrease or withdrawal, at such rates as the Trustees may establish, and may, at any time and from time to time, suspend such right of decrease or withdrawal subject to the applicable requirements of the 1940 Act. The procedures for effecting decreases or withdrawals shall be as determined by the Trustees from time to time.
Decreases and Withdrawals. 15 ARTICLE VIII DETERMINATION OF BOOK CAPITAL ACCOUNT BALANCES, NET INCOME AND DISTRIBUTIONS
Decreases and Withdrawals. 17 Section 6.1. Decreases and Withdrawals............................... 17 ARTICLE VII DETERMINATION OF BOOK CAPITAL ACCOUNT BALANCES, NET INCOME AND DISTRIBUTIONS.......................... 17 Section 7.1. Book Capital Account Balances........................... 17 Section 7.2. Allocations and Distributions to Holders................ 18 Section 7.3. Power to Modify Foregoing Procedures.................... 18 ARTICLE VIII LIABILITY FOR COMPANY OBLIGATIONS; FIDUCIARY DUTIES................................................ 18 Section 8.1. Liabilities of Series................................... 18 Section 8.2. No Personal Liability of Directors, etc................. 19 Section 8.3. Indemnification......................................... 19 Section 8.4. No Protection Against Certain 1940 Act Liabilities....................................... 20 Section 8.5. No Bond Required of Directors........................... 21 Section 8.6. No Duty of Investigation; Notice in Company Instruments, etc...................................... 21 Section 8.7. Insurance............................................... 21 Section 8.8. Reliance on Experts, etc................................ 21 Section 8.9. Accounting.............................................. 21 ARTICLE IX HOLDERS................................................. 22
Decreases and Withdrawals. 20 Section 13.2 Limitation on Right to Withdraw 20 Section 13.3
Decreases and Withdrawals. A Holder shall have the authority to decrease or withdraw its Interest in any Series of the Trust, at such Holder's option, subject to the terms and conditions provided in this Article VII. The Trust shall, upon application of any Holder or pursuant to authorization from any Holder, and subject to this Article VII, decrease or withdraw such Holder's Interest for an amount (which shall be treated as a distribution for purposes of Section 8.1) determined by the application of a formula adopted for such purpose by resolution of the Trustees; provided that (a) such amount shall not exceed the positive balance in such Holder's Book Capital Account (determined after taking into account such adjustments as are required by Treasury Department Regulation ss. 1.704-1(b) (2) (ii) (b) (2) but before reduction thereof to reflect the distribution of such amount) and (b) if so authorized by the Trustees, the Trust may, at any time and from time to time, charge fees for effecting such decrease or withdrawal, at such rates as the Trustees may establish, and may, at any time and from time to time, suspend such right of decrease or withdrawal. The procedures for effecting decreases or withdrawals shall be as determined by the Trustees from time to time.
