Common use of Election Clause in Contracts

Election. The President, the Treasurer, and the Secretary shall be elected annually by the Trustees. Other officers, if any, may be elected or appointed by the Trustees at the same meeting at which the President, Treasurer and Secretary are elected, or at any other time. If required by the 1940 Act, the Chief Compliance Officer shall be elected or appointed by a majority of the trustees, as well as a majority of the Trustees who are not Interested Persons of the Trust (“Independent Trustees”), and otherwise in accordance with Rule 38a-1 (or any successor rule) under the 1940 Act, as such rule may be amended from time to time (“Rule 38a-1”). Vacancies in any office may be filled at any time.

Appears in 42 contracts

Samples: Bylaws (Pimco Municipal Income Fund Ii), Bylaws (Pimco California Municipal Income Fund Iii), Bylaws (Pimco California Municipal Income Fund)

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Election. The President, the Treasurer, and the Secretary shall be elected annually by the Trustees. Other officers, if any, may be elected or appointed by the Trustees at the same meeting at which the President, Treasurer and Secretary are elected, or at any other time. If required by the 1940 Act, the Chief Compliance Officer shall be elected or appointed by a majority of the trustees, as well as a majority of the Trustees who are not Interested Persons of the Trust ("Independent Trustees"), and otherwise in accordance with Rule 38a-1 (or any successor rule) under the 1940 Act, as such rule may be amended from time to time ("Rule 38a-1"). Vacancies in any office may be filled at any time.

Appears in 14 contracts

Samples: Bylaws (Pimco Corporate Income Fund), Bylaws (Pimco Floating Rate Income Fund), Bylaws (Pimco New York Municipal Income Fund Iii)

Election. The President, the Treasurer, and the Secretary shall be elected annually by the Trustees. Other officers, if any, may be elected or appointed by the Trustees at the same meeting at which the President, Treasurer and Secretary are elected, or at any other time. If required by the 1940 Act, the Chief Compliance Officer shall be elected or appointed by a majority of the trusteesTrustees, as well as a majority of the Trustees who are not Interested Persons of the Trust (the “Independent Trustees”), and otherwise in accordance with Rule 38a-1 (or any successor rule) under the 1940 Act, as such rule may be amended from time to time (“Rule 38a-1”). Vacancies in any office may be filled at any time.

Appears in 13 contracts

Samples: Bylaws (PIMCO Flexible Municipal Income Fund), Bylaws (PIMCO Flexible Municipal Income Fund), Bylaws (PIMCO Flexible Municipal Income Fund)

Election. The President, the Treasurer, and the Secretary shall be elected annually by the Trustees. Other officers, if any, may be elected or appointed by the Trustees at the same meeting at which the President, Treasurer and Secretary are elected, or at any other time. If required by the 1940 Act, the Chief Compliance Officer shall be elected or appointed by a majority of the trusteesTrustees, as well as a majority of the Trustees who are not Interested Persons of the Trust (the “Independent Trustees”), and otherwise in accordance with Rule 38a-1 (or any successor rule) under the 1940 Act, as such rule may be amended from time to time (“Rule 38a-1”). Vacancies in any office may be filled at any time.

Appears in 9 contracts

Samples: Bylaws (PIMCO Energy & Tactical Credit Opportunities Fund), Bylaws (PIMCO Energy & Tactical Credit Opportunities Fund), Bylaws (AllianzGI Convertible & Income 2024 Target Term Fund)

Election. The President, the Treasurer, and the Secretary shall be elected annually by the Trustees. Other officers, if any, may be elected or appointed by the Trustees at the same meeting at which the President, Treasurer and Secretary are elected, or at any other time. If required by the Investment Company Act of 1940, as amended (the “1940 Act”), the Chief Compliance Officer shall be elected or appointed by a majority of the trusteesTrustees, as well as a majority of the Trustees who are not Interested Persons of the Trust (the “Independent Trustees”), and otherwise in accordance with Rule 38a-1 (or any successor rule) under the 1940 Act, as such rule may be amended from time to time (“Rule 38a-1”). Vacancies in any office may be filled at any time.

Appears in 6 contracts

Samples: Bylaws (PIMCO Access Income Fund), Bylaws (PIMCO Dynamic Income Opportunities Fund), Bylaws (PIMCO Dynamic Income Opportunities Fund)

Election. The President, the Treasurer, Treasurer and the Secretary shall be elected annually by the Trustees. Other officers, if any, may be elected or appointed by the Trustees at the same meeting at which the President, Treasurer and Secretary are elected, or at any other time. If required by the 1940 Act, the Chief Compliance Officer shall be elected or appointed by a majority of the trusteesTrustees, as well as including a majority of the Trustees who are not Interested Persons of the Trust (the “Independent Trustees”), and otherwise in accordance with Rule 38a-1 (or any successor rule) under the 1940 Act, as such rule may be amended from time to time (“Rule 38a-1”). Vacancies in any office may be filled at any time.

Appears in 3 contracts

Samples: Bylaws (Premier Multi-Series VIT), Bylaws (Ashmore Funds), Bylaws (Ashmore Funds)

Election. The President, the Treasurer, and the Secretary shall be elected annually by the Trustees. Other officers, if any, may be elected or appointed by the Trustees at the same meeting at which the President, Treasurer and Secretary are elected, or at any other time. If required by the 1940 Act, the Chief Compliance Officer shall be elected or appointed by a majority of the trustees, as well as a majority of the Trustees who are not Interested Persons of the Trust ("Independent Trustees"), and otherwise in accordance with Rule 38a-1 (or any successor rule) under the 1940 Act, as such rule may be amended from time to time ("Rule 38a-1"). Vacancies in any office may be filled at any time.. 3.3

Appears in 3 contracts

Samples: Bylaws (Pimco New York Municipal Income Fund Iii), Bylaws (Pimco California Municipal Income Fund Iii), Bylaws (Pimco Municipal Income Fund Iii)

Election. The President, the Treasurer, and the Secretary shall be elected annually by the Trustees. Other officers, if any, may be elected or appointed by the Trustees at the same meeting at which the President, Treasurer and Secretary are elected, or at any other time. If required by the Investment Company Act of 1940, as amended (the “1940 Act”), the Chief Compliance Officer shall be elected or appointed by a majority of the trusteesTrustees, as well as a majority of the Trustees who are not Interested Persons of the Trust (the “Independent Trustees”), and otherwise in accordance with Rule 38a-1 (or any successor rule) under the 1940 Act, as such rule may be amended from time to time (“Rule 38a-1”). Vacancies in any office may be filled at any time.

Appears in 2 contracts

Samples: Bylaws (PIMCO Access Income Fund), Bylaws (PIMCO Flexible Emerging Markets Income Fund)

Election. The President, the Treasurer, Treasurer and the Secretary shall be elected annually by the Trustees. Other officers, if any, may be elected or appointed by the Trustees at the same meeting at which the President, Treasurer and Secretary are elected, or at any other time. If required by the Investment Company Act of 1940, as amended (the “1940 Act”), the Chief Compliance Officer shall be elected or appointed by a majority of the trusteesTrustees, as well as a majority of the Trustees who are not Interested Persons interested persons of the Trust (“Independent Trustees”), and otherwise in accordance with Rule 38a-1 (or any successor rule) under the 1940 Act, as such rule may be amended from time to time (“Rule 38a-1”). Vacancies in any office may be filled at any time.

Appears in 2 contracts

Samples: Bylaws (Stone Harbor Emerging Markets Income Fund), Bylaws (Stone Harbor Emerging Markets Total Income Fund)

Election. The President, the Treasurer, and the Secretary shall be elected annually by the Trustees. Other officers, if any, may be elected or appointed by the Trustees at the same meeting at which the President, Treasurer and Secretary are elected, or at any other time. If required by the 1940 Act, the Chief Compliance Officer shall be elected or appointed by a majority of the trusteesTrustees, as well as a majority of the Trustees who are not Interested Persons of the Trust (the "Independent Trustees"), and otherwise in accordance with Rule 38a-1 (or any successor rule) under the 1940 Act, as such rule may be amended from time to time ("Rule 38a-1"). Vacancies in any office may be filled at any time.

Appears in 2 contracts

Samples: Bylaws (Homestead Funds Trust), Bylaws (Homestead Funds Trust)

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Election. The President, the Treasurer, and the Secretary shall be elected annually by the Trustees. Other officers, if any, may be elected or appointed by the Trustees at the same said meeting at which the President, Treasurer and Secretary are elected, or at any other time. If required by the 1940 Act, the The Chief Compliance Officer shall be elected or appointed by a majority of the trusteesTrustees, as well as including a majority of the Trustees who are not Interested Persons interested persons (the "Independent Trustees") of the Trust within the meaning of the Investment Company Act of 1940, as amended, and the rules and regulations thereunder (“Independent Trustees”the "1940 Act"), and or otherwise in accordance with Rule 38a-1 (or any successor rule) under the 1940 Act, as such rule may be amended from time to time ("Rule 38a-1"). Vacancies in any office may be filled at any time.

Appears in 1 contract

Samples: Bylaws (Allianz Funds)

Election. The President, the Treasurer, and the Secretary shall be elected annually by the Trustees. Other officers, if any, may be elected or appointed by the Trustees at the same meeting at which the President, Treasurer and Secretary are elected, or at any other time. If required by the 1940 Act, the Chief Compliance Officer shall be elected or appointed by a majority of the trusteesTrustees, as well as a majority of the Trustees who are not Interested Persons of the Trust (the “Independent Trustees”), and otherwise in accordance with Rule 38a-1 (or any successor rule) under the 1940 Act, as such rule may be amended from time to time (“Rule 38a-138a- 1”). Vacancies in any office may be filled at any time.

Appears in 1 contract

Samples: Bylaws (PIMCO Energy & Tactical Credit Opportunities Fund)

Election. The President, the Treasurer, and the Secretary shall be elected annually by the Trustees. Other officers, if any, may be elected or appointed by the Trustees at the same meeting at which the President, Treasurer and Secretary are elected, or at any other time. If required by the Investment Company Act of 1940, as amended (the "1940 Act"), the Chief Compliance Officer shall be elected or appointed by a majority of the trusteesTrustees, as well as a majority of the Trustees who are not Interested Persons of the Trust (the "Independent Trustees"), and otherwise in accordance with Rule 38a-1 (or any successor rule) under the 1940 Act, as such rule may be amended from time to time ("Rule 38a-1"). Vacancies in any office may be filled at any time.. 3.3

Appears in 1 contract

Samples: Bylaws (AllianzGI Artificial Intelligence & Technology Opportunities Fund)

Election. The Chair of the Trustees, the President, the Treasurer, the Secretary and the Secretary Chief Compliance Officer shall be elected annually by the TrusteesTrustees upon the occurrence of any vacancy in any such office. Other officers, if any, may be elected or appointed by the Trustees at the same meeting at which the President, Treasurer and Secretary are elected, or at any other time. If required by the 1940 Act, the The Chief Compliance Officer shall be elected or appointed by a majority of the trusteesTrustees, as well as including a majority of the Trustees who are not Interested Persons of interested persons (the Trust (“Independent Trustees”) of the Trust within the meaning of the Investment Company Act of 1940, as amended, and the rules and regulations thereunder (the “1940 Act”), and or otherwise in accordance with Rule 38a-1 (or any successor rule) under the 1940 Act, as such rule may be amended from time to time (“Rule 38a-1”). Vacancies in any such other office may be filled at any time.

Appears in 1 contract

Samples: Bylaws (JOHCM Funds Trust)

Election. The President, the Treasurer, Treasurer and the Secretary shall be elected annually by the Trustees. Other officers, if any, may be elected or appointed by the Trustees at the same meeting at which the President, Treasurer and Secretary are elected, or at any other time. If required by the Investment Company Act of 1940, as amended (the "1940 Act"), the Chief Compliance Officer shall be elected or appointed by a majority of the trusteesTrustees, as well as including a majority of the Trustees who are not Interested Persons of the Trust (the "Independent Trustees"), and otherwise in accordance with Rule 38a-1 (or any successor rule) under the 1940 Act, as such rule may be amended from time to time ("Rule 38a-1"). Vacancies in any office may be filled at any time.

Appears in 1 contract

Samples: Bylaws (AllianzGI Institutional Multi-Series Trust)

Election. The President, the Treasurer, Treasurer and the Secretary shall be elected annually by the Trustees. Other officers, if any, may be elected or appointed by the Trustees at the same meeting at which the President, Treasurer and Secretary are elected, or at any other time. If required by the 1940 Act, the Chief Compliance Officer shall be elected or appointed by a majority of the trusteesTrustees, as well as including a majority of the Trustees who are not Interested Persons of the Trust (the "Independent Trustees"), and otherwise in accordance with Rule 38a-1 (or any successor rule) under the 1940 Act, as such rule may be amended from time to time ("Rule 38a-1"). Vacancies in any office may be filled at any time.

Appears in 1 contract

Samples: Bylaws (Premier Multi-Series VIT)

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