Multiple Series Sample Clauses

Multiple Series. Notwithstanding any other provision hereof, the rights, obligations and remedies under this Contract of the parties hereto shall constitute rights, obligations and remedies only with respect to the Series and the assets of the Series, and no other series of the Fund shall have any rights, obligations or remedies under this Contract.
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Multiple Series. Notwithstanding any other provision hereof, the rights, obligations and remedies under this Agreement of the parties hereto shall constitute rights, obligations and remedies only with respect to the Series and the assets of the Series, and no other series of the Trust shall have any rights, obligations or remedies under this Agreement.
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Multiple Series. 13 i0,0 TRANSFER AGENCY AND SERVICE AGREEMENT AGREEMENT made as of the 24th day of March, 1994, by and between CGM Trust, a Massachusetts business trust (the "Trust"), having its principal office and place of business at Xxx Xxxxxxxxxxxxx Xxxxx, Xxxxxx, Xxxxxxxxxxxxx 00000, and STATE STREET BANK AND TRUST COMPANY, a Massachusetts trust company having its principal office and place of business at 000 Xxxxxxxx Xxxxxx, Xxxxxx, Xxxxxxxxxxxxx 00000 (the "Bank").
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Multiple Series. The Trust may issue multiple series of beneficial interests. The Trust will maintain separate and distinct records for each such series and the assets associated with each such series shall be held and accounted for separately from the other assets of the Trust and of any other series thereof. Notice is hereby given that the debts, liabilities, obligations and expenses incurred, contracted for or otherwise existing with respect to a particular series are enforceable against the assets of such series only and not against the assets of the Trust generally or the assets of any other series.
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Multiple Series. It is anticipated that the STAR Bonds may be issued, sold and delivered in multiple series.
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Multiple Series. CUSTODIAN CONTRACT This Contract between CGM Trust, a business trust organized and existing under the laws of Massachusetts, having its principal place of business at Xxx Xxxxxxxxxxxxx Xxxxx, Xxxxxx, Xxxxxxxxxxxxx, 00000 (hereinafter called the "Fund") and STATE STREET BANK AND TRUST COMPANY, having its usual place of business at 000 Xxxxxxxx Xxxxxx, Xxxxxx, Xxxxxxxxxxxxx, 00000 (hereinafter called the "Custodian),
Sample 1
Multiple Series. (a) The Company shall have one or more designated series that will each issue separate limited liability company interests and will each own separate assets (each, a “Series”) and the Company will cause each Series to be owned by one or more designated members and to be managed by one or more designated managers. Any such Series will have separate rights, powers or duties with respect to specified property or obligations and profits and losses associated with specified property or obligations, and any such Series may have a separate business purpose or investment objective. (b) The separate rights, powers or duties, obligations, profits and losses and business purpose of each Series shall be as designated by the Sole Member or any Officer (as defined below in Section 6(c)) and shall be conclusively evidenced by a certificate that so designates such terms of a Series (each, a “Series Designation”) in the form attached hereto as Exhibit I or such other form as may be approved from time to time by the Sole Member. Each Series Designation shall be effective when executed by the Sole Member or by any Officer and shall be maintained by the Secretary of the Company or, if no individual holds such office, by the Sole Member. (c) The Company shall maintain records for each Series and account for each such Series for the assets, debts, liabilities, obligations and expenses associated with such Series separately from the other assets, liabilities and obligations of the Company, or any other Series of the Company. (d) The debts, liabilities, obligations and expenses incurred, contracted for or otherwise existing with respect to each Series shall, unless the Series Designation otherwise expressly provides, be enforceable against the assets of such Series only, and not against the assets of the Company generally or any other Series, and, unless the Series Designation otherwise expressly provides, none of the debts, liabilities, obligations and expenses incurred, contracted for or otherwise existing with respect to the Company generally or any other Series shall be enforceable against the assets of such Series. (e) Unless otherwise expressly provided in the applicable Series Designation, assets associated with a Series may be held directly or indirectly, including in the name of such Series, in the name of the Company, through a custodian, nominee or otherwise, as designated by the Company.
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Related to Multiple Series

  • Separate Series Pursuant to the provisions of the Declaration, each Portfolio is a separate series of the Trust, and all debts, liabilities, obligations and expenses of a particular Portfolio shall be enforceable only against the assets of that Portfolio and not against the assets of any other Portfolio or of the Trust as a whole.

  • Other Series The Trustees shall determine the basis for making an appropriate allocation of the Trust's expenses (other than those directly attributable to the Fund) between the Fund and the other series of the Trust.

  • Combination of Series The Trustees shall have the authority, without the approval of the Shareholders of any Series unless otherwise required by applicable law, to combine the assets and liabilities held with respect to any two or more Series into assets and liabilities held with respect to a single Series.

  • Combination of Series and Classes The Trustees shall have the authority, without the approval of the Shareholders of the Trust or any Series or Class unless otherwise required by applicable federal law, to combine the assets and liabilities held with respect to any two or more Series or Classes into assets and liabilities held with respect to a single Series or Class and in connection therewith to cause the Shareholders of each such Series or Class to become shareholders of such single Series or Class.

  • Percentages of ADB Financing Except as ADB may otherwise agree, each item of expenditure shall be financed out of the proceeds of the Loan on the basis of the percentages set forth in the Table.

  • Establishment of Series Subject to the provisions of this Agreement, the Managing Member may, at any time and from time to time and in compliance with paragraph (c), cause the Company to establish in writing (each, a Series Designation) one or more series as such term is used under Section 18-215 of the Delaware Act (each a Series). The Series Designation shall relate solely to the Series established thereby and shall not be construed: (i) to affect the terms and conditions of any other Series, or (ii) to designate, fix or determine the rights, powers, authority, privileges, preferences, duties, responsibilities, liabilities and obligations in respect of Interests associated with any other Series, or the Members associated therewith. The terms and conditions for each Series established pursuant to this Section shall be as set forth in this Agreement and the Series Designation, as applicable, for the Series. Upon approval of any Series Designation by the Managing Member, such Series Designation shall be attached to this Agreement as an Exhibit until such time as none of such Interests of such Series remain Outstanding.

  • Establishment of Series and Classes The Trust shall consist of one or more Series and Classes and separate and distinct records shall be maintained by the Trust for each Series and Class. The Trustees shall have full power and authority, in their sole discretion, and without obtaining any prior authorization or vote of the Shareholders of any Series or Class of the Trust, to establish and designate and to change in any manner any initial or additional Series or Classes and to fix such preferences, voting powers, rights and privileges of such Series or Classes as the Trustees may from time to time determine, to divide or combine the Shares or any Series or Classes into a greater or lesser number, to classify or reclassify any issued Shares or any Series or Classes into one or more Series or Classes of Shares, and to take such other action with respect to the Shares as the Trustees may deem desirable. Unless another time is specified by the Trustees, the establishment and designation of any Series or Class shall be effective upon the adoption of a resolution by the Trustees setting forth such establishment and designation and the preferences, powers, rights and privileges of the Shares of such Series or Class, whether directly in such resolution or by reference to, or approval of, another document that sets forth such relative rights and preferences of such Series (or Class) including, without limitation, any registration statement of the Trust, or as otherwise provided in such resolution. The Trust may issue any number of Shares of each Series or Class and need not issue certificates for any Shares. All references to Shares in this Trust Instrument shall be deemed to be Shares of any or all Series or Classes as the context may require. All provisions herein relating to the Trust shall apply equally to each Series and Class of the Trust except as the context otherwise requires. All Shares of each Class of a particular Series shall represent an equal proportionate interest in the assets belonging to that Series (subject to the liabilities belonging to the Series, and, in the case of each Class, to the liabilities belonging to that Class), and each Share of any Class of a particular Series shall be equal to each other Share of that Class; but the provisions of this sentence shall not restrict any distinctions permissible under this Section 2.6.

  • New Series The terms and provisions of this Agreement shall become automatically applicable to any additional series of the Trust established during the initial or renewal term of this Agreement.

  • IN SERIES The aggregate principal amount of Securities which may be authenticated and delivered under this Indenture is unlimited. The Securities may be issued in one or more series. There shall be established in or pursuant to a Board Resolution and, subject to Section 303, set forth, or determined in the manner provided, in an Officers' Certificate, or established in one or more indentures supplemental hereto, prior to the issuance of Securities of any series,

  • Elimination of Series At any time that there are no Shares outstanding of a Series (or class), the Trustees may abolish such Series (or class).

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