Common use of Effect of Suspension of Right of Redemption Clause in Contracts

Effect of Suspension of Right of Redemption. If, pursuant to Section 6.6 hereof, the Trustees shall declare a suspension of the right of redemption of Shares of a particular Series or Class thereof, the rights of Shareholders (including those who shall have applied for redemption pursuant to Section 6.2 hereof but who shall not yet have received payment) to have such Shares redeemed and paid for by the applicable Series shall be suspended until the time specified in Section 6.

Appears in 2 contracts

Samples: Agreement and Declaration of Trust (Transamerica Idex Mutual Funds), Declaration of Trust (Aegon/Transamerica Series Trust)

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Effect of Suspension of Right of Redemption. If, pursuant to Section 6.6 hereof, the Trustees shall declare a suspension of the right of redemption of Shares of a particular Series or Class thereofredemption, the rights of Shareholders (including those who shall have applied for redemption pursuant to Section 6.2 6.1 hereof but who shall not yet have received payment) to have such Shares redeemed and paid for by the applicable Series Trust shall be suspended until the time specified in Section 6.

Appears in 2 contracts

Samples: Declaration and Agreement of Trust (Lord Abbett Tax Free Income Trust), Declaration and Agreement of Trust (Lord Abbett Investment Trust)

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Effect of Suspension of Right of Redemption. If, pursuant to Section 6.6 VI.6 hereof, the Trustees shall declare a suspension of the right of redemption of Shares of a particular Series or Class thereofredemption, the rights of Shareholders (including those who shall have applied for redemption pursuant to Section 6.2 6.1 hereof but who shall not yet have received payment) to have such Shares redeemed and paid for by the applicable Series Trust shall be suspended until the time specified in Section 6VI.

Appears in 1 contract

Samples: Declaration and Agreement of Trust (Lord Abbett Delta Fund)

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