Common use of Majority of the Trustees Clause in Contracts

Majority of the Trustees. All other officers of the Trust may be elected or appointed at any meeting of the Trustees. Such officers shall hold office for any term, or indefinitely, as determined by the Trustees, and shall be subject to removal, with or without cause, at any time by the Trustees.

Appears in 5 contracts

Samples: Agreement and Declaration of Trust (Van Kampen American Capital Tax Exempt Trust), Agreement and Declaration of Trust (American Capital Corporate Bond Fund Inc), Agreement and Declaration of Trust (Van Kampen American Capital World Portfolio Series Trust)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!