Common use of Establishment and Designation of Sub Clause in Contracts

Establishment and Designation of Sub. Trusts. Without limiting the authority of the Trustee set forth in Section 4.1 to establish and designate any further Sub-Trusts, the Trustees hereby establish and designate nineteen Sub-trusts and classes thereof: Payden Limited Maturity Fund, which shall consist of twx xxxxses of shares designated as "Class R" and "Class S" shares; Payden Short Bond Fund, which shall consist of two classes xx shares designated as "Class R" and "Class S" shares; Payden U.S. Government Fund, which shall consist of two xxxxxes of shares designated as "Class R" and "Class S" shares; Payden Core Bond Fund, which shall consist of two classxx xx shares designated as "Class R" and "Class S" shares; Payden

Establishment and Designation of Sub. Trusts. Without limiting the authority of the Trustee set forth in Section 4.1 to establish and designate any further Sub-Trusts, the Trustees hereby establish and designate nineteen eighteen Sub-trusts and classes thereof: Payden Limited Maturity Fund, which shall consist of twx xxxxses of shares designated as "Class R" and "Class S" shares; Payden Short Bond Fund, which shall consist of two classes xx shares designated as "Class R" and "Class S" shares; Payden U.S. Government Fund, which shall consist of two xxxxxes of shares designated as "Class R" and "Class S" shares; Payden Core Bond Fund, which shall consist of two classxx xx shares designated as "Class R" and "Class S" shares; Payden

Establishment and Designation of Sub. Trusts. Without limiting the authority of the Trustee set forth in Section 4.1 to establish and designate any further Sub-Trusts, the Trustees hereby establish and designate nineteen twenty Sub-trusts and classes thereof: Payden Limited Maturity Fund, which shall consist of twx xxxxses of shares designated as "Class R" and "Class S" shares; Payden Short Bond Fund, which shall consist of two classes xx shares designated as "Class R" and "Class S" shares; Payden U.S. Government Fund, which shall consist of two xxxxxes of shares designated as "Class R" and "Class S" shares; Payden Core Bond Fund, which shall consist of two classxx xx shares designated as "Class R" and "Class S" shares; Payden

Establishment and Designation of Sub. Trusts. Without limiting the authority of the Trustee set forth in Section 4.1 to establish and designate any further Sub-Trusts, the Trustees hereby establish and designate nineteen twenty-one Sub-trusts and classes thereof: Payden Xxxxxx Limited Maturity Fund, which shall consist of twx xxxxses two classes of shares designated as "Class R" and "Class S" shares; Payden Xxxxxx Short Bond Fund, which shall consist of two classes xx shares designated as "Class R" and "Class S" shares; Payden U.S. Government Fund, which shall consist of two xxxxxes of shares designated as "Class R" and "Class S" shares; Payden Core Bond Xxxxxx U.S. Government Fund, which shall consist of two classxx xx classes of shares designated as "Class R" and "Class S" shares; PaydenXxxxxx Core Bond Fund, which shall consist of two classes of shares designated as "Class R" and "Class S" shares; Xxxxxx Opportunity Bond Fund, which shall consist of two classes of