Common use of Dissolution of the Trust or Termination of a Class Clause in Contracts

Dissolution of the Trust or Termination of a Class. (a) The Trust shall have perpetual existence, except that the Trust shall be dissolved upon approval by vote of the Board followed by a vote of Shareholders as set forth in Section 9.1; provided that if the affirmative vote of at least seventy-five percent (75%) of the Board approves the dissolution, no vote of Shareholders shall be required to dissolve the Trust.

Appears in 10 contracts

Samples: Agreement and Declaration of Trust (Invesco Senior Loan Fund), Trust Agreement (Invesco Senior Loan Fund), Agreement and Declaration of Trust (Invesco Quality Municipal Income Trust)

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