Common use of Powers of the Executive Committee Clause in Contracts

Powers of the Executive Committee. Unless otherwise provided by resolution of the Board of Trustees, the Executive Committee shall have and may exercise all powers of the Board of Trustees in the management of the business and affairs of the Trust that may lawfully be exercised by an executive committee, except the power to recommend to shareholders any matter requiring shareholder approval, amend the Declaration of Trust or By-Laws, or approve any merger or share exchange that does not require shareholder approval.

Powers of the Executive Committee. Unless otherwise provided by resolution of the Board of Trustees, the Executive Committee shall have and may exercise all powers of the Board of Trustees in the management of the business and affairs of the Trust that may lawfully be exercised by an executive committee, except the power to recommend to shareholders any matter requiring shareholder approval, approval amend the Declaration of Trust or By-Laws, or approve any merger or share exchange that does not require shareholder approval.

Powers of the Executive Committee. Unless otherwise provided Except as further limited by resolution of the Board of Trustees, if an executive committee has been designated, when the Executive Committee Board of Trustees is not in session the executive committee shall have and may exercise all powers of the Board of Trustees in the management of the business and affairs of the Trust that may lawfully be exercised by an executive committee, except the power to recommend to shareholders any matter requiring shareholder approval, amend the Declaration of Trust or By-Laws, or approve any merger or share exchange that does not require shareholder approvalTrust.

Powers of the Executive Committee. Unless otherwise provided by resolution of the Board of TrusteesManagers, the Executive Committee shall have and may exercise all powers of the Board of Trustees Managers in the management of the business and affairs of the Trust Company that may lawfully be exercised by an executive committee, except the power to recommend to shareholders any matter requiring shareholder approval, amend the Declaration of Trust Operating Agreement or By-Laws, or approve any merger or share exchange that does not require shareholder approval.