per Share. The Trustees may, from time to time, (a) authorize the division of the Shares into one or more series, each of which constitutes a Portfolio, in accordance with Article II, Section 2.3(a) hereof, and (b) may further authorize the division of the Shares of any Portfolio into one or more separate and distinct Classes, in accordance with Article II, Section 2.3(b) hereof. All Shares issued hereunder, including without limitation, Shares issued in connection with a dividend or other distribution in Shares or a split or reverse split of Shares, shall be fully paid and nonassessable.
Appears in 8 contracts
Samples: Trust Agreement (Gt Global Variable Investment Trust), Agreement and Declaration of Trust (Aim Investment Funds), Agreement and Declaration of Trust (Aim Floating Rate Fund)
per Share. The Trustees may, from time to time, (a) authorize the division of the Shares into one or more series, each of which constitutes a Portfolio, in accordance with Article II, Section 2.3(a) hereof, and (b) may further authorize the division of the Shares of any Portfolio into one or more separate and distinct Classes, in accordance with Article II, Section 2.3(b) hereof. All Shares issued hereunder, including without limitation, Shares issued in connection with a dividend or other distribution in Shares or a split or reverse split of Shares, shall be fully paid and nonassessable.
Appears in 6 contracts
Samples: Trust Agreement (Aim Summit Fund Inc), Agreement and Declaration of Trust (Aim Investment Securities Funds Inc), Agreement and Declaration of Trust (Aim Special Opportunities Funds)
per Share. The Trustees may, from time to time, (a) authorize the division of the Shares into one or more series, each of which constitutes a Portfolio, in accordance with Article II, Section 2.3(a) hereof, and (b) may further authorize the division of the Shares of any Portfolio said Portfolios into one or more additional, separate and distinct Classes, Classes in accordance with Article II, Section 2.3(b) hereof2.3 of this Agreement. All Shares issued hereunder, including without limitation, Shares issued in connection with a dividend or other distribution in Shares or a split or reverse split of Shares, shall be fully paid and nonassessable.
Appears in 3 contracts
Samples: Trust Agreement (Short Term Investments Trust), Trust Agreement (Aim Funds Group/De), Trust Agreement (Aim Investment Securities Funds Inc)
per Share. The Trustees may, from time to time, (a) authorize the division of the Shares into one or of more series, each of which constitutes a Portfolio, in accordance with Article II, Section 2.3(a) hereof, and (b) may further authorize the division of the Shares of any Portfolio said Portfolios into one or more additional, separate and distinct Classes, Classes in accordance with Article II, Section 2.3(b) hereof2.3 of this Agreement. All Shares issued hereunder, including without limitation, Shares issued in connection with a dividend or other distribution in Shares or a split or reverse split of Shares, shall be fully paid and nonassessable.
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