Common use of Payment of Expenses by Shareholders Clause in Contracts

Payment of Expenses by Shareholders. The Trustees shall have the power, as frequently as they may determine, to cause any Shareholder to pay directly, in advance or arrears, an amount fixed, from time to time, by the Trustees or an officer of the Trust for charges of the Trust’s custodian or transfer, dividend disbursing, shareholder servicing, or similar agent that are not customarily charged generally to the Trust, a Series, or a Class, where such services are provided to such Shareholder individually, rather than to all Shareholders collectively, including, without limitation, by setting off such amount due from such Shareholder from the amount of (i) declared but unpaid dividends or distributions owed such Shareholder, or (ii) proceeds from the redemption or repurchase by the Trust or any Series of Shares from such Shareholder pursuant to Article VI hereof.

Appears in 53 contracts

Samples: Agreement and Declaration (LifeX Income Trust 1948F), Agreement and Declaration (Stone Ridge Trust VIII), Agreement and Declaration (Stone Ridge Trust VIII)

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Payment of Expenses by Shareholders. The Trustees shall have the power, as frequently as they may determine, to cause any Shareholder to pay directly, in advance or arrears, an amount fixed, from time to time, by the Trustees or an officer of the Trust for charges of the Trust’s custodian or transfer, dividend disbursing, shareholder servicing, or similar agent that are not customarily charged generally to the Trust, a Series, or a Class, where such services are provided to such Shareholder individually, rather than to all Shareholders collectively, including, without limitation, by setting off such amount due from such Shareholder from the amount of (i) declared but unpaid dividends or distributions owed such Shareholder, or (ii) proceeds from the redemption or repurchase by the Trust or any Series of Shares from such Shareholder pursuant to Article VI hereof.

Appears in 7 contracts

Samples: Stone Ridge Trust (Stone Ridge Trust), Agreement and Declaration (Primark Private Equity Fund), Agreement and Declaration (Stone Ridge Trust VI)

Payment of Expenses by Shareholders. The Trustees shall have the power, as frequently as they may determine, to cause any Shareholder to pay directly, in advance or arrears, an amount fixed, from time to time, by the Trustees or an officer of the Trust for charges of the Trust’s 's custodian or transfer, dividend disbursing, shareholder servicing, or similar agent that are not customarily charged generally to the Trust, a Series, or a Class, where such services are provided to such Shareholder individually, rather than to all Shareholders collectively, including, without limitation, by setting off such amount due from such Shareholder from the amount of (i) declared but unpaid dividends or distributions owed such Shareholder, or (ii) proceeds from the redemption or repurchase by the Trust or any Series of Shares from such Shareholder pursuant to Article VI hereof.

Appears in 6 contracts

Samples: Agreement and Declaration (Meketa Infrastructure Fund), Agreement and Declaration (Meketa Infrastructure Fund), Agreement and Declaration of Trust (Stone Ridge Trust III)

Payment of Expenses by Shareholders. The Board of Trustees shall have the power, as frequently as they it may determine, to cause any Shareholder to pay directly, in advance or arrears, an amount fixed, from time to time, by the Board of Trustees or an officer of the Trust for charges of the Trust’s 's custodian or transfer, dividend disbursing, shareholder servicing, or similar agent that are not customarily charged generally to the Trust, a Series, Trust or a Class, where such services are provided to such Shareholder individually, rather than to all Shareholders collectively, including, without limitation, by setting off such amount due from such Shareholder from the amount of (i) declared but unpaid dividends or distributions owed such Shareholder, or (ii) proceeds from the redemption or repurchase by the Trust or any Series of Shares from such Shareholder pursuant to Article VI hereof.

Appears in 2 contracts

Samples: Agreement and Declaration of Trust (USQ Core Real Estate Fund), Agreement And (USQ Core Real Estate Fund)

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Payment of Expenses by Shareholders. The Board of Trustees shall have the power, as frequently as they it may determine, to cause any Shareholder to pay directly, in advance or arrears, an amount fixed, from time to time, by the Board of Trustees or an officer of the Trust for charges of the Trust’s custodian or transfer, dividend disbursing, shareholder servicing, or similar agent that are not customarily charged generally to the Trust, a Series, Trust or a Class, where such services are provided to such Shareholder individually, rather than to all Shareholders collectively, including, without limitation, by setting off such amount due from such Shareholder from the amount of (i) declared but unpaid dividends or distributions owed such Shareholder, or (ii) proceeds from the redemption or repurchase by the Trust or any Series of Shares from such Shareholder pursuant to Article VI hereof.

Appears in 2 contracts

Samples: Agreement and Declaration of Trust (GuideMark Alternative Lending Income Fund), Agreement and Declaration (GuideMark Alternative Lending Income Fund)

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