Common use of Number and Qualification Clause in Contracts

Number and Qualification. Prior to a public offering of Shares there may be a sole Trustee. Thereafter, the number of Trustees shall be determined by a written instrument signed by a majority of the Trustees then in office, provided that the number of Trustees shall be no less than two. No reduction in the number of Trustees shall have the effect of removing any Trustee from office prior to the expiration of his term. Trustees need not own Shares and may succeed themselves in office.

Appears in 8 contracts

Samples: Agreement and Declaration of Trust (Highland Income Fund\ma), Agreement and Declaration of Trust (Highland Global Allocation Fund), Agreement and Declaration of Trust (Highland Global Allocation Fund)

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Number and Qualification. Prior to a public offering of Shares there may be a sole Trustee. Thereafter, the number of Trustees shall be determined by a written instrument signed by a majority of the Trustees then in office, provided that the number of Trustees shall be no less than twotwo or more than thirteen. No reduction in the number of Trustees shall have the effect of removing any Trustee from office prior to the expiration of his term. Trustees need not own Shares and may succeed themselves in office.

Appears in 4 contracts

Samples: Agreement and Declaration of Trust (Ramius Archview Credit & Distressed Fund), Agreement and Declaration of Trust (Ramius Archview Credit & Distressed Feeder Fund), Agreement and Declaration of Trust (Altegris KKR Private Equity Master Fund)

Number and Qualification. Prior to a public offering of Shares there may be a sole Trustee. Thereafter, the number of Trustees shall be determined by a written instrument signed by a majority of the Trustees then in office, provided that . The range of the number of Trustees shall be no less than twofixed by the By-Laws. No reduction in the number of Trustees shall have the effect of removing any Trustee from office prior to the expiration of his term. Trustees need not own Shares and may succeed themselves in office.

Appears in 4 contracts

Samples: Agreement and Declaration (Sprott ETF Trust), Agreement and Declaration of Trust of Pacific Global Etf Trust (Pacific Global ETF Trust), Agreement and Declaration of Trust (StrongVest ETF Trust)

Number and Qualification. Prior to a public offering of Shares there may be a sole Trustee. Thereafter, the number of Trustees shall be determined by a written instrument signed by a majority of the Trustees then in office, provided that the number of Trustees shall be no less than twotwo or more than ten. No reduction in the number of Trustees shall have the effect of removing any Trustee from office prior to the expiration of his term. Trustees need not own Shares and may succeed themselves in office.

Appears in 4 contracts

Samples: Agreement and Declaration of Trust (Triloma EIG Global Energy Fund), Agreement and Declaration of Trust (Triloma EIG Global Energy Term Fund I), Agreement and Declaration of Trust (Triloma EIG Global Energy Fund)

Number and Qualification. Prior to a public offering of Shares there may be a sole Trustee. Thereafter, the number of Trustees shall be determined by a written instrument signed by a majority of the Trustees then in office, provided that the number of Trustees shall be no less than twotwo or more than fifteen. No reduction in the number of Trustees shall have the effect of removing any Trustee from office prior to the expiration of his term. Trustees need not own Shares and may succeed themselves in office.

Appears in 3 contracts

Samples: Agreement and Declaration of Trust (Axxes Private Markets Fund), Agreement and Declaration of Trust (Axxes Private Markets Fund), Agreement and Declaration (Axxes Private Markets Fund)

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Number and Qualification. Prior to a public offering of Shares there may be a sole Trustee. Thereafter, the number of Trustees shall be determined by a written instrument signed by a majority of the Trustees then in office, provided that . The range of the number of Trustees shall be no less than twofixed by the By-Laws. No reduction in the number of Trustees shall have the effect of removing any Trustee from office prior to the expiration of his or her term. Trustees need not own Shares and may succeed themselves in office.

Appears in 2 contracts

Samples: Agreement and Declaration of Trust (SHP ETF Trust), Agreement and Declaration of Trust (SHP ETF Trust)

Number and Qualification. Prior to a public the offering of Shares in accordance with the Prospectus there may be a sole Trustee. Thereafter, the number of Trustees shall be determined by a written instrument signed by a majority of the Trustees then in office, provided that the number of Trustees shall be no less than twotwo or more than thirteen. No reduction in the number of Trustees shall have the effect of removing any Trustee from office prior to the expiration of his term. Trustees need not own Shares and may succeed themselves in office.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Conversus StepStone Private Markets)

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