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Common use of per Share Clause in Contracts

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: Agreement and Declaration of Trust (Aim Floating Rate Fund), Agreement and Declaration of Trust (Aim Investment Funds), Trust Agreement (Gt Global Variable Investment Series)

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: Agreement and Declaration of Trust (Aim Funds Group/De), Trust Agreement (Aim Summit Fund), Agreement and Declaration of Trust (Short Term Investments Trust)

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 (Aim Investment Securities Funds Inc), Trust Agreement (Aim Funds Group/De), Trust Agreement (Short Term Investments Trust)

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.

Appears in 1 contract

Samples: Trust Agreement (Aim Special Opportunities Funds)