Derivative Actions. (a) No Person, other than a Trustee, who is not a Shareholder of a particular Series or Class shall be entitled to bring any derivative action, suit or other proceeding on behalf of the Trust with respect to such Series or Class. No Shareholder of a Series or a Class may maintain a derivative action on behalf of the Trust with respect to such Series or Class unless holders of at least twenty percent (20%) of the outstanding Shares of such Series or Class join in the bringing of such action.
Appears in 108 contracts
Samples: Agreement and Declaration of Trust (American Funds College Target Date Series), Agreement and Declaration of Trust (American Funds Target Date Retirement Series), Agreement (Capital Group Private Client Services Funds)
Derivative Actions. (a) No Personperson, other than a Trustee, who is not a Shareholder of a particular Series or Class class shall be entitled to bring any derivative action, suit or other proceeding on behalf of the Trust with respect to such Series or Classclass. No Shareholder of a Series or a Class class may maintain a derivative action on behalf of the Trust with respect to such Series or Class or a General Direct Action, unless holders of at least twenty ten percent (2010%) of the outstanding Shares of such the respective Series or Class class join in the bringing of such actionderivative action or General Direct Action.
Appears in 11 contracts
Samples: Agreement and Declaration (Nexpoint Event-Driven Fund), Agreement and Declaration of Trust (Arca U.S. Treasury Fund), Agreement and Declaration of Trust (Nexpoint Latin American Opportunities Fund)
Derivative Actions. (a) No Personperson, other than a Trustee, who is not a Shareholder of a particular Series or Class shall be entitled to bring any derivative action, suit or other proceeding on behalf of the Trust with respect to such Series or Class. No Shareholder of a Series or a Class may maintain a derivative action on behalf of the Trust with respect to such Series or Class unless holders of at a least twenty ten percent (2010%) of the outstanding Shares of such Series or Class join in the bringing of such action.
Appears in 10 contracts
Samples: Agreement and Declaration (Lord Abbett Trust I), Agreement and Declaration (Pacific Select Fund), Oaktree Funds (Oaktree Funds)
Derivative Actions. (a) No Person, other than a Trustee, who is not a Shareholder of a particular Series or Class shall be entitled to bring any derivative action, suit or other proceeding on behalf of the Trust with respect to such Series or Class. No Except with respect to claims arising under federal securities laws, no Shareholder of a Series or a Class may maintain a derivative action on behalf of the Trust with respect to such Series or Class unless holders of at least twenty percent (20%) of the outstanding Shares of such Series or Class join in the bringing of such action.
Appears in 8 contracts
Samples: Agreement and Declaration (Capital Group Fixed Income ETF Trust), Agreement and Declaration (Capital Group Fixed Income ETF Trust), Agreement and Declaration of Trust (Capital Group Growth ETF)
Derivative Actions. (a) No Personperson, other than a Trustee, who is not a Shareholder of a particular Series or Class class shall be entitled to bring any derivative action, suit or other proceeding on behalf of the Trust with respect to such Series or Classclass. No Shareholder of a Series or a Class class may maintain a derivative action on behalf of the Trust with respect to such Series or Class Class, unless holders of at least twenty ten percent (2010%) of the outstanding Shares of such the respective Series or Class class join in the bringing of such derivative action.
Appears in 7 contracts
Samples: Agreement and Declaration (Flat Rock Core Income Fund), Agreement and Declaration (Flat Rock Capital Credit Fund), Agreement and Declaration (Flat Rock Core Income Fund)
Derivative Actions. (a) No Personperson, other than a Trustee, who is not a Shareholder of a particular Series or Class shall be entitled to bring any derivative action, suit or other proceeding on behalf of the Trust with respect to such Series or Class. No Shareholder of a Series or a Class may maintain a derivative action on behalf of the Trust with respect to such Series or Class unless holders of at least twenty ten percent (2010%) of the outstanding Shares of such Series or Class join in the bringing of such action.
Appears in 5 contracts
Samples: Agreement and Declaration of Trust (Pacific Select Fund), Agreement and Declaration of Trust (Praxis Mutual Funds), Agreement and Declaration (Praxis Mutual Funds)
Derivative Actions. (a) 1. No Personperson, other than a Trustee, who is not a Shareholder of a particular Series or Class shall be entitled to bring any derivative action, suit or other proceeding on behalf of the Trust with respect to such Series or Class. No Shareholder of a Series or a Class may maintain a derivative action on behalf of the Trust with respect to such Series or Class unless holders of at a least twenty ten percent (2010%) of the outstanding Shares of such Series or Class join in the bringing of such action.
Appears in 4 contracts
Samples: Agreement and Declaration (Broadview Funds Trust), Agreement and Declaration (Loeb King Trust), Agreement and Declaration of Trust (Loeb & King Trust)
Derivative Actions. (a) 1. No Personperson, other than a Trustee, who is not a Shareholder of a particular Series or Class shall be entitled to bring any derivative action, suit or other proceeding on behalf of the Trust with respect to such Series or Class. No Shareholder of a Series or a Class may maintain a derivative action on behalf of the Trust with respect to such Series or Class unless holders of at least twenty ten percent (2010%) of the outstanding Shares of such Series or Class join in the bringing of such action.
Appears in 2 contracts
Samples: Agreement And (Series Portfolios Trust), Series Portfolios Trust (Series Portfolios Trust)
Derivative Actions. (a) 1. No Personperson, other than a Trustee, who is not a Shareholder of a particular Series (or Class class) shall be entitled to bring any derivative action, suit or other proceeding on behalf of the Trust with respect to such Series (or Classclass). No Shareholder of a Series or a Class (or class) may maintain a derivative action on behalf of the Trust with respect to such Series (or Class class) unless holders of at a least twenty ten percent (2010%) of the outstanding Shares of such Series (or Class join class)join in the bringing of such action.
Appears in 2 contracts
Samples: Agreement and Declaration (Themes ETF Trust), Agreement and Declaration (Texas Capital Funds Trust)
Derivative Actions. (a) 1. No Personperson, other than a Trustee, who is not a Shareholder of a particular Series (or Class class) shall be entitled to bring any derivative action, suit or other proceeding on behalf of the Trust with respect to such Series (or Classclass). No Shareholder of a Series or a Class (or class) may maintain a derivative action on behalf of the Trust with respect to such Series (or Class class) unless holders of at a least twenty ten percent (2010%) of the outstanding Outstanding Shares of such Series (or Class join class)join in the bringing of such action.
Appears in 1 contract
Samples: Agreement and Declaration of Trust (Texas Capital Funds Trust)
Derivative Actions. (a) No Personperson, other than a Trustee, who is not a Shareholder of a particular Series or Class shall be entitled to bring any derivative action, suit or other proceeding on behalf of the Trust with respect to such Series or Class. No Shareholder of a Series or a Class may maintain a derivative action on behalf of the Trust with respect to such Series or Class unless holders of at a least twenty percent (20%) 10% of the outstanding Shares of such Series or Class join in the bringing of such action.
Appears in 1 contract
Samples: Agreement and Declaration of Trust (Morgan Creek Global Funds)
