Common use of Issuance of Interests Clause in Contracts

Issuance of Interests. The Trustees in their discretion may, from time to time, without vote of the Holders, issue Interests, in addition to the then issued and outstanding Interests, to such party or parties and for such amount and type of consideration, subject to applicable law, including cash or securities, at such time or times and on such terms as the Trustees may deem appropriate, and may in such manner acquire other assets (including the acquisition of assets subject to, and in connection with, the assumption of liabilities) and businesses.

Appears in 6 contracts

Samples: Trust Agreement (Global High Income Portfolio), Trust Agreement (Global Investment Portfolio), Trust Agreement (Global Investment Portfolio)

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