Common use of Establishment and Designation of Sub-Trusts Clause in Contracts

Establishment and Designation of Sub-Trusts. Without limiting the authority of the Trustees set forth in Section 4.1 to establish and designate any further Sub-Trusts, the Trustees hereby establish and designate five Sub-Trusts: Worldwide Bond Fund (Initial Class, Class R1 and Class S), Worldwide Emerging Markets Fund (Initial Class, Class R1 and Class S), Worldwide Hard Assets Fund (Initial Class, Class R1 and Class S), Worldwide Real Estate Fund (Initial Class, Class R1 and Class S) and Worldwide Multi-Manager Alternatives Fund (Initial Class). The Shares of such Sub-Trusts and any Shares of any further Sub-Trusts that may from time to time be established and designated by the Trustees shall (unless the Trustees otherwise determine with respect to some further Sub-Trust at the time of establishing and designating the same) have the rights and preferences set forth in this Declaration of Trust.” The undersigned hereby certifies that the Amendment set forth above has been duly adopted in accordance with the provisions of the Agreement.

Appears in 1 contract

Samples: Master Trust Agreement (Van Eck Worldwide Insurance Trust)

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Establishment and Designation of Sub-Trusts. Without limiting the authority of the Trustees set forth in Section 4.1 to establish and designate any further Sub-Trusts, the Trustees hereby establish and designate five Sub-Trusts: Worldwide Bond Fund (Initial Class, R Class R1 and Class SS Class), Worldwide Emerging Markets Fund (Initial Class, R Class R1 and Class SS Class), Worldwide Hard Assets Fund (Initial Class, R Class R1 and Class SS Class), Worldwide Real Estate Fund (Initial Class, R Class R1 and Class SS Class) and Worldwide Multi-Manager Alternatives Absolute Return Fund (Initial Class, R Class and S Class). The Shares of such Sub-Trusts and any Shares of any further Sub-Trusts that may from time to time be established and designated by the Trustees shall (unless the Trustees otherwise determine with respect to some further Sub-Trust at the time of establishing and designating the same) have the rights and preferences set forth in this Declaration of Trust.” The undersigned hereby certifies that the Amendment set forth above has been duly adopted in accordance with the provisions of the Agreement."

Appears in 1 contract

Samples: Master Trust Agreement (Van Eck Worldwide Insurance Trust)

Establishment and Designation of Sub-Trusts. Without limiting the authority of the Trustees set forth in Section 4.1 to establish and designate any further Sub-Trusts, the Trustees hereby establish and designate five Sub-Trusts: Worldwide Xxx Xxx VIP Unconstrained Emerging Markets Bond Fund (Initial Class, Class R1 and Class S), Worldwide Xxx Xxx VIP Emerging Markets Fund (Initial Class, Class R1 and Class S), Worldwide Xxx Xxx VIP Global Hard Assets Fund (Initial Class, Class R1 and Class S), Worldwide Real Estate Fund (Initial Class, Class R1 and Class S) and Worldwide Xxx Xxx VIP Multi-Manager Alternatives Fund (Initial ClassClass and Class S) and Xxx Xxx VIP Global Gold Fund (Initial Class and Class S). The Shares of such Sub-Trusts and any Shares of any further Sub-Trusts that may from time to time be established and designated by the Trustees shall (unless the Trustees otherwise determine with respect to some further Sub-Trust at the time of establishing and designating the same) have the rights and preferences set forth in this Declaration of Trust.” The undersigned hereby certifies that the Amendment set forth above has been duly adopted in accordance with the provisions of the Agreement.

Appears in 1 contract

Samples: Master Trust Agreement (Van Eck Vip Trust)

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Establishment and Designation of Sub-Trusts. Without limiting the authority of the Trustees set forth in Section 4.1 to establish and designate any further Sub-Trusts, the Trustees hereby establish and designate five Sub-Trusts: Worldwide Xxx Xxx VIP Global Bond Fund (Initial Class, Class R1 and Class S), Worldwide Xxx Xxx VIP Emerging Markets Fund (Initial Class, Class R1 and Class S), Worldwide Xxx Xxx VIP Global Hard Assets Fund (Initial Class, Class R1 and Class S), Worldwide Real Estate Fund (Initial Class, Class R1 and Class S) and Worldwide Xxx Xxx VIP Multi-Manager Alternatives Fund (Initial ClassClass and Class S). The Shares of such Sub-Trusts and any Shares of any further Sub-Trusts that may from time to time be established and designated by the Trustees shall (unless the Trustees otherwise determine with respect to some further Sub-Trust at the time of establishing and designating the same) have the rights and preferences set forth in this Declaration of Trust.” The undersigned hereby certifies that the Amendment set forth above has been duly adopted in accordance with the provisions of the Agreement.

Appears in 1 contract

Samples: Master Trust Agreement (Van Eck Worldwide Insurance Trust)

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