Common use of No Preemptive Rights; Derivative Suits Clause in Contracts

No Preemptive Rights; Derivative Suits. Shareholders shall have no preemptive or other right to subscribe for any additional Shares or other securities issued by the Trust. No action may be brought by a Shareholder on behalf of the Trust or a series unless a prior demand regarding such matter has been made on the Trustees and the Shareholders of the Trust or such series.

No Preemptive Rights; Derivative Suits. Shareholders shall have no preemptive or other right to subscribe for any additional Shares or other securities issued by the TrustFund. No suit, action or other proceeding may be brought by a Shareholder in the right of or on behalf of or in the Trust or a series unless a prior demand regarding such matter has been made on the Trustees and the Shareholders name of the Trust Fund unless such Shareholder has first obtained the written consents of those Shareholders holding at least a majority of the outstanding Shares, which consents specifically authorize the bringing of such suit, action or such seriesother proceeding.

No Preemptive Rights; Derivative Suits. Shareholders shall have no preemptive or other right to subscribe for any additional Shares or other securities issued by the Trust. No action may be brought by a Shareholder on behalf of the t he Trust or a series unless a prior demand regarding such matter has been made on the Trustees and the Shareholders of the Trust or such series.

No Preemptive Rights; Derivative Suits. Shareholders shall --------- -------------------------------------- have no preemptive or other right to subscribe for any additional Shares or other securities issued by the Trust. No action may be brought by a Shareholder on behalf of the Trust or a series unless a prior demand regarding such matter has been made on the Trustees and the Shareholders of the Trust or such series.

No Preemptive Rights; Derivative Suits. Shareholders shall --------- -------------------------------------- have no preemptive or other right rights to subscribe for any additional Shares or other securities issued by the Trust. No action may be brought by a Shareholder on behalf of the Trust or a series unless a prior demand regarding such matter has been made on the Trustees and the Shareholders of the Trust or such series.

No Preemptive Rights; Derivative Suits. Shareholders shall ------------------------------------------------- have no preemptive or other right to subscribe for any additional Shares or other securities issued by the Trust. No action may be brought by a Shareholder on behalf of the Trust or a series unless a prior demand regarding such matter has been made on the Trustees and the Shareholders of the Trust or such series.