Common use of Powers of Trustees Clause in Contracts

Powers of Trustees. Section 6.1 General Powers 11 Section 6.2 Certain Specific Powers 12 Section 6.3 Issuance and Repurchase of Shares 14 Section 6.4 Delegation; Committees 15 Section 6.5 Collection and Payment 15 Section 6.6 Expenses 15 Section 6.7 Manner of Acting 15 Section 6.8 Bylaws 15 Section 6.9 Principal Transactions 16 Section 6.10 Effect of Trustees’ Determination 16 ARTICLE VII – Service Providers Section 7.1 Investment Adviser and Administrators 16 Section 7.2 Underwriter; Transfer Agent; Shareholder Servicing Agent; Custodian 16

Powers of Trustees. Section 6.1 General Powers 11 Section 6.2 Certain Specific Powers 12 11 Section 6.3 Issuance and Repurchase of Shares 14 Section 6.4 Delegation; Committees 15 14 Section 6.5 Collection and Payment 15 Section 6.6 Expenses 15 Section 6.7 Manner of Acting 15 Section 6.8 Bylaws 15 Section 6.9 Principal Transactions 16 15 Section 6.10 Effect of Trustees’ Determination 16 15 ARTICLE VII – Service Providers Section 7.1 Investment Adviser and Administrators 16 Section 7.2 Underwriter; Transfer Agent; Shareholder Servicing Agent; Custodian 16

Powers of Trustees. Section 6.1 General Powers 11 12 Section 6.2 Certain Specific Powers 12 Section 6.3 Issuance and Repurchase of Shares 14 15 Section 6.4 Delegation; Committees 15 Section 6.5 Collection and Payment 15 Section 6.6 Expenses 15 16 Section 6.7 Manner of Acting 15 16 Section 6.8 Bylaws 15 16 Section 6.9 Principal Transactions 16 Section 6.10 Effect of Trustees’ Determination 16 ARTICLE VII – Service Providers Section 7.1 Investment Adviser and Administrators 16 Section 7.2 Underwriter; Transfer Agent; Shareholder Servicing Agent; Custodian 1617 Section 7.3 Parties to Contract 17 Section 7.4 Further Authority of Trustees 17

Powers of Trustees. Section 6.1 General Powers 11 9 Section 6.2 Certain Specific Powers 12 9 Section 6.3 Issuance and Repurchase of Shares 14 11 Section 6.4 Delegation; Committees 15 Committees. 11 Section 6.5 Collection and Payment 15 11 Section 6.6 Expenses 15 11 Section 6.7 Manner of Acting 15 11 Section 6.8 Bylaws 15 12 Section 6.9 Principal Transactions 16 12 Section 6.10 Effect of Trustees’ Determination 16 12 ARTICLE VII – Service Providers Section 7.1 Investment Adviser and Administrators 16 12 Section 7.2 Underwriter; Transfer Agent; Shareholder Servicing Agent; Custodian 1612 Section 7.3 Parties to Contract 12 Section 7.4 Further Authority of Trustees 12

Powers of Trustees. Section 6.1 General Powers 11 Section 6.2 Certain Specific Powers 12 Section 6.3 Issuance and Repurchase of Shares 14 15 Section 6.4 Delegation; Committees 15 Section 6.5 Collection and Payment 15 Section 6.6 Expenses 15 Section 6.7 Manner of Acting 15 Section 6.8 Bylaws 15 16 Section 6.9 Principal Transactions 16 Section 6.10 Effect of Trustees’ Determination 16 ARTICLE VII – Service Providers Section 7.1 Investment Adviser and Administrators 16 Section 7.2 Underwriter; Transfer Agent; Shareholder Servicing Agent; Custodian 16

Powers of Trustees. Section 6.1 General Powers 11 12 Section 6.2 Certain Specific Powers 12 13 Section 6.3 Issuance and Repurchase of Shares 14 16 Section 6.4 Delegation; Committees 15 16 Section 6.5 Collection and Payment 15 16 Section 6.6 Expenses 15 16 Section 6.7 Manner of Acting 15 16 Section 6.8 Bylaws 15 17 Section 6.9 Principal Transactions 16 17 Section 6.10 Effect of Trustees’ Determination 16 17 ARTICLE VII – Service Providers Section 7.1 Investment Adviser and Administrators 16 17 Section 7.2 UnderwriterUnderwriting; Transfer Agent; Shareholder Servicing Agent; Custodian 1617 Section 7.3 Parties to Contract 18 Section 7.4 Further Authority of Trustees 18

Powers of Trustees. Section 6.1 General Powers 11 Section 6.2 Certain Specific Powers 12 Section 6.3 Issuance and Repurchase of Shares 14 Interests 15 Section 6.4 Delegation; Committees 15 Section 6.5 Collection and Payment 15 Section 6.6 Expenses 15 Section 6.7 Manner of Acting 15 Section 6.8 Bylaws 15 16 Section 6.9 Principal Transactions 16 Section 6.10 Effect of Trustees’ Determination 16 ARTICLE VII – Service Providers Section 7.1 Investment Adviser and Administrators 16 Section 7.2 UnderwriterPlacement Agent; Transfer Agent; Shareholder Servicing Agent; Custodian 1616 Section 7.3 Parties to Contract 17 Section 7.4 Further Authority of Trustees 17

Powers of Trustees. Section 6.1 General Powers 11 12 Section 6.2 Certain Specific Powers 12 Section 6.3 Issuance and Repurchase of Shares 14 15 Section 6.4 Delegation; Committees Committees. 15 Section 6.5 Collection and Payment 15 Section 6.6 Expenses 15 16 Section 6.7 Manner of Acting 15 16 Section 6.8 Bylaws 15 16 Section 6.9 Principal Transactions Transactions. 16 Section 6.10 Effect of Trustees’ Determination 16 ARTICLE VII – Service Providers Section 7.1 Investment Adviser and Administrators 16 Section 7.2 Underwriter; Transfer Agent; Shareholder Servicing Agent; Custodian 16Providers

Powers of Trustees. Section 6.1 General Powers 11 Section 6.2 Certain Specific Powers 12 Section 6.3 Issuance and Repurchase of Shares 14 Section 6.4 Delegation; Committees 15 14 Section 6.5 Collection and Payment 15 Section 6.6 Expenses 15 Section 6.7 Manner of Acting 15 Section 6.8 Bylaws 15 Section 6.9 Principal Transactions 16 15 Section 6.10 Effect of Trustees’ Determination 16 ARTICLE VII – Service Providers Section 7.1 Investment Adviser and Administrators 16 Section 7.2 Underwriter; Transfer Agent; Shareholder Servicing Agent; Custodian 16

Powers of Trustees. Section 6.1 General Powers 11 13 Section 6.2 Certain Specific Powers 12 14 Section 6.3 Issuance and Repurchase of Shares 14 17 Section 6.4 Delegation; Committees 15 Committees. 17 Section 6.5 Collection and Payment 15 17 Section 6.6 Expenses 15 17 Section 6.7 Manner of Acting 15 18 Section 6.8 Bylaws 15 18 Section 6.9 Principal Transactions 16 Transactions. 18 Section 6.10 Effect of Trustees’ Determination 16 ARTICLE VII – Service Providers Section 7.1 Investment Adviser and Administrators 16 Section 7.2 Underwriter; Transfer Agent; Shareholder Servicing Agent; Custodian 1618

Powers of Trustees. Section 6.1 General Powers 11 10 Section 6.2 Certain Specific Powers 12 11 Section 6.3 Issuance and Repurchase of Shares 14 13 Section 6.4 Delegation; Committees 15 13 Section 6.5 Collection and Payment 15 13 Section 6.6 Expenses 15 13 Section 6.7 Manner of Acting 15 13 Section 6.8 Bylaws 15 14 Section 6.9 Principal Transactions 16 14 Section 6.10 Effect of Trustees’ Determination 16 ARTICLE VII – Service Providers Section 7.1 Investment Adviser and Administrators 16 Section 7.2 Underwriter; Transfer Agent; Shareholder Servicing Agent; Custodian 1614

Powers of Trustees. Section 6.1 General Powers 11 Section 6.2 Certain Specific Powers 12 Section 6.3 Issuance and Repurchase of Shares 14 15 Section 6.4 Delegation; Committees 15 Section 6.5 Collection and Payment 15 Section 6.6 Expenses 15 Section 6.7 Manner of Acting 15 Section 6.8 Bylaws 15 By-Laws 16 Section 6.9 Principal Transactions 16 Section 6.10 Effect of Trustees’ Determination 16 ARTICLE VII – Service Providers Section 7.1 Investment Adviser and Administrators 16 Section 7.2 Underwriter; Transfer Agent; Shareholder Servicing Agent; Custodian 16