Common use of Election and Number of Trustees Clause in Contracts

Election and Number of Trustees. The initial Trustee(s) shall be the persons initially signing this Declaration. The number of Trustees (other than the initial Trustees) shall be fixed from time to time by a majority of the Trustees then in office; provided, that there shall be at least one (1) Trustee and no more than fifteen (15).

Appears in 7 contracts

Samples: Calamos Global Dynamic Income Fund, Magnetar Spectrum Fund, Calamos Convertible Opportunities & Income Fund

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Election and Number of Trustees. The initial Trustee(s) shall be the persons Person or Persons initially signing this Declaration. The number of Trustees (other than the initial Trustee or Trustees) shall be fixed from time to time by a majority of the Trustees then in office; provided, that there shall be at least one (1) Trustee and no more than fifteen (15).

Appears in 6 contracts

Samples: Agreement and Declaration of Trust (Pioneer Tax Advantaged Balanced Fund), Pioneer Floating Rate Trust, Pioneer Municipal High Yield Trust

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