Common use of NATURE AND PURPOSE OF TRUST Clause in Contracts

NATURE AND PURPOSE OF TRUST. The purpose of the Trust is to engage in, operate and carry on the business of an open-end management investment company through one or more Series, and to do any and all acts or things as are necessary, convenient, appropriate, incidental or customary in connection therewith, both within and without the State of Delaware, and without limiting the foregoing or the other provisions hereof, the Trust may exercise all powers conferred by the laws of the State of Delaware upon a Delaware statutory trust formed pursuant to the Delaware Act.

Appears in 74 contracts

Samples: Agreement and Declaration of Trust (Pioneer CoreTrust I), Agreement and Declaration of Trust (PowerShares Exchange-Traded Self-Indexed Fund Trust), And Restated Agreement and Declaration of Trust (Hartford Funds Exchange-Traded Trust)

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NATURE AND PURPOSE OF TRUST. The purpose of the Trust is to engage in, operate and carry on the business of an opena closed-end management investment company through one or more Seriescompany, and to do any and all acts or things as are necessary, convenient, appropriate, incidental or customary in connection therewith, both within and without the State of Delaware, and without limiting the foregoing or the other provisions hereof, the Trust may exercise all powers conferred by the laws of the State of Delaware upon a Delaware statutory trust formed pursuant to the Delaware Act.

Appears in 13 contracts

Samples: Agreement and Declaration (City National Rochdale Strategic Credit Fund), Agreement and Declaration (City National Rochdale Select Strategies Fund), Agreement and Declaration (City National Rochdale Reinsurance Premium Fund)

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NATURE AND PURPOSE OF TRUST. The purpose of the Trust is to engage in, conduct, operate and carry on the business of an open-end a management investment company through one or more Series, and to do any and all acts or things as are necessary, convenient, appropriate, incidental or customary in connection therewith, both within and without the State of Delaware, and without limiting the foregoing or the other provisions hereof, the Trust may exercise all powers conferred by the laws of the State of Delaware upon a Delaware statutory trust formed pursuant to the Delaware Act.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Precidian ETF Trust II)

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