Elimination of Series. At any time there are no Shares outstanding of any particular Series (or Class) previously established and designated, the Trustees may by resolution of a majority of the then Trustees abolish that Series (or Class) and rescind the establishment and designation thereof.
Appears in 2 contracts
Samples: Trust Agreement (Laudus Institutional Trust), Trust Agreement (Friends Ivory & Sime Funds)
Elimination of Series. At any time there are no Shares outstanding of any particular Series (or Class) previously established and designated, the Trustees may by resolution of a majority of the Trustees then Trustees in office abolish that Series (or Class) and rescind the establishment and designation thereof.
Appears in 2 contracts
Samples: Trust Agreement (Westlakes Institutional Portfolios), Trust Agreement (Acp Funds Trust)
Elimination of Series. At any time that there are no Shares outstanding of any a particular Series (or Classclass) previously established and designated, the Trustees may by resolution of a majority of the then Trustees abolish that Series (or Classclass) and rescind the establishment and designation thereof. Each such resolution shall be incorporated herein by reference upon adoption.
Appears in 1 contract
Samples: Trust Agreement (Franklin Floating Rate Master Trust)
Elimination of Series. At If, at any time time, there are no Shares outstanding of any particular Series (or Class) Class previously established and designated, the Trustees may by resolution of a majority of the then Trustees abolish that Series (or Class) Class and rescind the establishment and designation thereof.
Appears in 1 contract
Samples: Trust Agreement (Sife Trust Fund)
