Common use of Establishment and Designation of Series Clause in Contracts

Establishment and Designation of Series. The establishment and designation of any Series of Shares shall be effective upon resolution by a majority of the then Trustees, setting forth such establishment and designation and the relative rights and preferences of such Series, or as otherwise provided in such resolution. Such establishment and designation shall be set forth in an amendment to this Declaration of Trust by execution of a new Schedule A to this Declaration of Trust. Shares of each Series established pursuant to this Section 6, unless otherwise provided in the resolution establishing such Series or as modified by the Multiple Class Plan, shall have the following rights and preferences:

Appears in 5 contracts

Samples: Agreement and Declaration of Trust (American Century Target Maturities Trust), Agreement and Declaration of Trust (American Century Municipal Trust), Agreement and Declaration of Trust (American Century Investment Trust)

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Establishment and Designation of Series. The establishment and designation of any Series (or Class) of Shares shall be effective upon resolution the adoption by a majority of the then Trustees, setting Trustees of a resolution that sets forth such establishment and designation and the relative rights and preferences of such SeriesSeries (or Class), whether directly in such resolution or by reference to another document including, without limitation, any registration statement of Trust, or as otherwise provided in such resolution. Such establishment and designation shall be set forth in an amendment to this Declaration of Trust by execution of a new Schedule A to this Declaration of Trust. Shares of each Series (or Class) established pursuant to this Section 6Article III, unless otherwise unless. Otherwise provided in the resolution establishing such Series or as modified by the Multiple Class Planseries, shall have the following relative rights and preferences:

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Jp Morgan Series Trust Ii)

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