Dividends, Distributions and Repurchases. No dividend or distribution (including, without limitation, any distribution paid upon termination of the Trust or of a class or series of Shares) with respect to the Shares shall be effected by the Trust other than from the assets of such Trust. The Trust may borrow against its assets for the purpose of funding said repurchase of Shares.
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Samples: Agreement and Declaration of Trust (Sierra Asset Management Trust), Agreement and Declaration of Trust (Sierra Prime Income Fund), Agreement and Declaration of Trust (Sierra Prime Income Trust)
Dividends, Distributions and Repurchases. No dividend or distribution (including, without limitation, any distribution paid upon termination of the Trust or of a class or series of Shares) with respect to the Shares shall be effected by the Trust other than from the assets of such Trust. The Trust may borrow against its assets for the purpose of funding said repurchase of Shares.
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