Common use of Number of Trustees; Term of Office Clause in Contracts

Number of Trustees; Term of Office. The initial Trustees shall be the persons initially signing this Declaration. The number of Trustees shall be the number of persons so signing until changed by the Trustees, and the Trustees may fix the number of Trustees from time to time; provided that the number of Trustees shall at all times be at least one (1) nor more than 15. Each of the Trustees executing this Declaration and each Trustee thereafter appointed or elected (whenever such election occurs) shall hold office until his or her successor is elected and qualified or until the earlier occurrence of any of the events specified in the first sentence of Section 3.6 hereof.

Appears in 9 contracts

Samples: Agreement and Declaration of Trust (CION Grosvenor Infrastructure Fund), Agreement and Declaration of Trust (Hamilton Lane Private Secondary Fund), Agreement and Declaration of Trust (Franklin Lexington Private Markets Fund)

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Number of Trustees; Term of Office. The initial Trustees shall be the persons Persons initially signing this Declaration. The number of Trustees shall be the number of persons Persons so signing until changed by the Trustees, and the Trustees may fix the number of Trustees from time to time; provided that the number of Trustees shall at all times be at least one (1) nor more than 15. Each of the Trustees executing this Declaration and each Trustee thereafter appointed or elected (whenever such election occurs) shall hold office until his or her successor is elected and qualified or until the earlier occurrence of any of the events specified in the first sentence of Section 3.6 hereof.

Appears in 2 contracts

Samples: Agreement and Declaration of Trust (83 Investment Group Income Fund), Agreement and Declaration of Trust (Carlyle AlpInvest Private Equity Opportunities Fund)

Number of Trustees; Term of Office. The initial Trustees shall be the persons initially signing this Declaration. The number of Trustees shall be the number of persons so signing until changed by the Trustees, and the Trustees may fix the number of Trustees from time to time; provided that the number of Trustees shall at all times be at least one (1) nor and not more than fifteen (15). Each of the Trustees executing this Declaration and each Trustee thereafter appointed or elected (whenever such election occurs) shall hold office until his or her successor is elected and qualified or until the earlier occurrence of any of the events specified in the first sentence of Section 3.6 hereof.

Appears in 2 contracts

Samples: Agreement and Declaration of Trust (PGIM Credit Income Fund), Agreement and Declaration of Trust (PGIM Credit Income Fund)

Number of Trustees; Term of Office. The initial Trustees Trustee shall be the persons person initially signing this Declaration. The number of Trustees shall be the number of persons so signing until changed by the Trustees, and the Trustees may fix the number of Trustees from time to time; provided that the number of Trustees shall at all times be at least one (1) nor but not more than 15. Each of the Trustees executing this Declaration and each Trustee thereafter appointed or elected (whenever such election occurs) shall hold office until his or her their successor is elected and qualified or until the earlier occurrence of any of the events specified in the first sentence of Section 3.6 III.6 hereof.

Appears in 2 contracts

Samples: Declaration and Agreement of Trust (Coatue CTEK Fund), Declaration and Agreement of Trust (TCW Private Asset Income Fund)

Number of Trustees; Term of Office. The initial Trustees shall be the persons initially signing this Declaration. The number of Trustees shall be the number of persons so signing until changed by the Trustees, and the Trustees may fix the number of Trustees from time to time; provided that the number of Trustees shall at all times be at least one (1) nor more than 15. Each of the Trustees executing this Declaration and each Trustee thereafter appointed or elected (whenever such election occurs) shall hold office until his or her successor is elected and qualified or until the earlier occurrence of any of the events specified in the first sentence of Section 3.6 hereof.

Appears in 2 contracts

Samples: Agreement and Declaration of Trust (MassMutual Access Pine Point Fund), Trust Agreement (MassMutual Access Private Equity Fund)

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Number of Trustees; Term of Office. The initial Trustees shall be the persons initially signing this Declaration. The number of Trustees shall be the number of persons so signing until changed by the Trustees, and the Trustees may fix the number of Trustees from time to time; provided that the number of Trustees shall at all times be at least one (1) nor more than 15. Each of the Trustees executing this Declaration and each Trustee thereafter appointed or elected (whenever such election occurs) shall hold office until his or her successor is elected and qualified or until the earlier occurrence of any of the events specified in the first sentence of Section 3.6 III.6 hereof.

Appears in 1 contract

Samples: Declaration and Agreement of Trust (Lord Abbett Municipal Opportunities Fund)

Number of Trustees; Term of Office. The initial Trustees shall be the persons initially signing this Declaration. The number of Trustees shall be the number of persons so signing until changed by the Trustees, and the Trustees may fix the number of Trustees from time to time; provided that the number of Trustees shall at all times be at least one (1) nor more than 15. Each of the Trustees executing this Declaration and each Trustee thereafter appointed or elected (whenever such election occurs) shall hold office until his or her their successor is elected and qualified or until the earlier occurrence of any of the events specified in the first sentence of Section 3.6 III.6 hereof.

Appears in 1 contract

Samples: Declaration and Agreement of Trust (Gladstone Alternative Income Fund)

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