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: Xxx Xxx VIP Global Bond Fund (Initial Class, Class R1 and Class S), Xxx Xxx VIP Emerging Markets Fund (Initial Class, Class R1 and Class S), 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 Xxx Xxx VIP Multi-Manager Alternatives 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 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: Xxx Xxx VIP Global Worldwide Bond Fund (Initial Class, Class R1 and Class S), Xxx Xxx VIP Worldwide Emerging Markets Fund (Initial Class, Class R1 and Class S), Xxx Xxx VIP Global Worldwide Hard Assets Fund (Initial Class, Class R1 and Class S), Worldwide Real Estate Fund (Initial Class, Class R1 and Class S) and Xxx Xxx VIP Worldwide Multi-Manager Alternatives Fund (Initial Class and Class SClass). 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: Xxx Xxx VIP Global Worldwide Bond Fund (Initial Class, R Class R1 and Class SS Class), Xxx Xxx VIP Worldwide Emerging Markets Fund (Initial Class, R Class R1 and Class SS Class), Xxx Xxx VIP Global 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 Xxx Xxx VIP Multi-Manager Alternatives Worldwide Absolute Return Fund (Initial Class, R Class and Class SS 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: Xxx Xxx VIP Global Unconstrained Emerging Markets Bond Fund (Initial Class, Class R1 and Class S), Xxx Xxx VIP Emerging Markets Fund (Initial Class, Class R1 and Class S), Xxx Xxx VIP Global Hard Assets Fund (Initial Class, Class R1 and Class S), Worldwide Real Estate Xxx Xxx VIP Multi-Manager Alternatives Fund (Initial Class, Class R1 and Class S) and Xxx Xxx VIP Multi-Manager Alternatives 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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