Common use of Provisions in Conflict with Law or Regulations Clause in Contracts

Provisions in Conflict with Law or Regulations. 11.5.1. The provisions of this Declaration of Trust are severable, and if the Trustees shall determine, with the advice of counsel, that any of such provisions is in conflict with the 1940 Act, the regulated investment company provisions of the Internal Revenue Code of 1986 or with other applicable laws and regulations, the conflicting provision shall be deemed never to have constituted a part of this Declaration of Trust; provided, however, that such determination shall not affect any of the remaining provisions of this Declaration of Trust or render invalid or improper any action taken or omitted prior to such determination. 11.5.2. If any provision of this Declaration of Trust shall be held invalid or unenforceable in any jurisdiction, such invalidity or unenforceability shall attach only to such provision in such jurisdiction and shall not in any manner affect such provision in any other jurisdiction or any other provision of this Declaration of Trust in any jurisdiction.

Appears in 13 contracts

Samples: Agreement and Declaration of Trust (Forward Funds), Agreement and Declaration of Trust (Forward Funds), Agreement and Declaration of Trust (Forward Funds)

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Provisions in Conflict with Law or Regulations. 11.5.1. (a) The provisions of this the Declaration of Trust are severable, and if the Trustees shall determine, with the advice of counsel, that any of such provisions is in conflict with the 1940 Act, the regulated investment company provisions of the Internal Revenue Code of 1986 or with other applicable federal laws and regulations, the conflicting provision shall be deemed never to have constituted a part of this the Declaration of Trust; provided, however, that such determination shall not affect any of the remaining provisions of this the Declaration of Trust or render invalid or improper any action taken or omitted prior to such determination. 11.5.2. (b) If any provision of this the Declaration of Trust shall be held invalid or unenforceable in any jurisdiction, such invalidity or unenforceability shall attach only to such provision in such jurisdiction and shall not in any manner affect such provision in any other jurisdiction or any other provision of this the Declaration of Trust in any jurisdiction.. 108140, v0.4 18

Appears in 3 contracts

Samples: Amendment to Agreement and Declaration of Trust (Vanguard Variable Insurance Funds), Amendment No. 2 to Amended and Restated Agreement and Declaration of Trust (Vanguard Variable Insurance Funds), Agreement and Declaration of Trust (Vanguard Variable Insurance Funds)

Provisions in Conflict with Law or Regulations. 11.5.1. The provisions of this the Declaration of Trust are severable, and if the Trustees shall determine, with the advice of counsel, that any of such provisions is in conflict with the 1940 Act, the regulated investment company provisions of the Internal Revenue Code of 1986 or with other applicable laws and regulations, the conflicting provision shall be deemed never to have constituted a part of this the Declaration of Trust; provided, however, that such determination shall not affect any of the remaining provisions of this the Declaration of Trust or render invalid or improper any action taken or omitted prior to such determination. 11.5.2. If any provision of this the Declaration of Trust shall be held invalid or unenforceable in any jurisdiction, such invalidity or unenforceability shall attach only to such provision in such jurisdiction and shall not in any manner affect such provision in any other jurisdiction or any other provision of this the Declaration of Trust in any jurisdiction.

Appears in 3 contracts

Samples: Agreement and Declaration of Trust (Wt Mutual Fund), Agreement and Declaration of Trust (Wt Investment Trust I), Agreement and Declaration of Trust (Wt Mutual Fund)

Provisions in Conflict with Law or Regulations. 11.5.1. (a) The provisions of this the Declaration of Trust are severable, and if the Trustees shall determine, with the advice of counsel, that any of such provisions is in conflict with the 1940 Act, the regulated investment company provisions of the Internal Revenue Code of 1986 or with other applicable federal laws and regulations, the conflicting provision shall be deemed never to have constituted a part of this the Declaration of Trust; provided, however, that such determination shall not affect any of the remaining provisions of this the Declaration of Trust or render invalid or improper any action taken or omitted prior to such determination. 11.5.2. (b) If any provision of this the Declaration of Trust shall be held invalid or unenforceable in any jurisdiction, such invalidity or unenforceability shall attach only to such provision in such jurisdiction and shall not in any manner affect such provision in any other jurisdiction or any other provision of this the Declaration of Trust in any jurisdiction.. 48032, v0.4 18

Appears in 2 contracts

Samples: Amendment to Agreement and Declaration of Trust (Vanguard Bond Index Funds), Amendment to Agreement and Declaration of Trust (Vanguard Bond Index Funds)

Provisions in Conflict with Law or Regulations. 11.5.1. (a) The provisions of this the Declaration of Trust are severable, and if the Trustees shall determine, with the advice of counsel, that any of such provisions is in conflict with the 1940 Act, the regulated investment company provisions of the Internal Revenue Code of 1986 or with other applicable federal laws and regulations, the conflicting provision shall be deemed never to have constituted a part of this the Declaration of Trust; provided, however, that such determination shall not affect any of the remaining provisions of this the Declaration of Trust or render invalid or improper any action taken or omitted prior to such determination. 11.5.2. (b) If any provision of this the Declaration of Trust shall be held invalid or unenforceable in any jurisdiction, such invalidity or unenforceability shall attach only to such provision in such jurisdiction and shall not in any manner affect such provision in any other jurisdiction or any other provision of this the Declaration of Trust in any jurisdiction.. 108648, v0.6

Appears in 2 contracts

Samples: Amendment to Agreement and Declaration of Trust (Vanguard Index Funds), Amendment to Agreement and Declaration of Trust (Vanguard Index Funds)

Provisions in Conflict with Law or Regulations. 11.5.1. (a) The provisions of this the Declaration of Trust are severable, and if the Trustees shall determine, with the advice of counsel, that any of such provisions is in conflict with the 1940 Act, the regulated investment company provisions of the Internal Revenue Code of 1986 or with other applicable federal laws and regulations, the conflicting provision shall be deemed never to have constituted a part of this the Declaration of Trust; provided, however, that such determination shall not affect any of the remaining provisions of this the Declaration of Trust or render invalid or improper any action taken or omitted prior to such determination. 11.5.2. (b) If any provision of this the Declaration of Trust shall be held invalid or unenforceable in any jurisdiction, such invalidity or unenforceability shall attach only to such provision in such jurisdiction and shall not in any manner affect such provision in any other jurisdiction or any other provision of this the Declaration of Trust in any jurisdiction.. 48687, v0.3 20

Appears in 2 contracts

Samples: Amendment No. 8 to Amended and Restated Agreement and Declaration of Trust (Vanguard World Fund), Amendment No. 8 to the Amended and Restated Agreement and Declaration of Trust (Vanguard World Fund)

Provisions in Conflict with Law or Regulations. 11.5.1. (1) The provisions of this the Declaration of Trust are severable, and if the Trustees shall determine, with the advice of counsel, that any of such provisions provision is in conflict with the 1940 Act, the regulated investment company provisions of the Internal Revenue Code of 1986 Code, the Delaware Act or with any other applicable laws and regulations, the conflicting provision shall be deemed never to have constituted a part of this the Declaration of Trust; provided, however, that such determination shall not affect any of the remaining provisions of this the Declaration of Trust or render invalid or improper any action taken or omitted prior to such determination. 11.5.2. (2) If any provision of this the Declaration of Trust shall be held invalid or unenforceable in any jurisdiction, such invalidity or unenforceability shall attach only to such provision in such jurisdiction and shall not in any manner affect such provision in any other jurisdiction or any other provision of this the Declaration of Trust in any jurisdiction.

Appears in 2 contracts

Samples: Agreement and Declaration of Trust (Campbell Multi-Strategy Trust), Trust Agreement (Campbell Multi-Strategy Trust)

Provisions in Conflict with Law or Regulations. 11.5.1. (a) The provisions of this the Declaration of Trust are severable, and if the Trustees shall determine, with the advice of counsel, that any of such provisions is in conflict with the 1940 Act, the regulated investment company provisions of the Internal Revenue Code of 1986 1986, as amended, or with other applicable laws and regulations, the conflicting provision shall be deemed never to have constituted a part of this the Declaration of Trust; provided, however, that such determination shall not affect any of the remaining provisions of this the Declaration of Trust or render invalid or improper any action taken or omitted prior to such determination. 11.5.2. (b) If any provision of this the Declaration of Trust shall be held invalid or unenforceable in any jurisdiction, such invalidity or unenforceability shall attach only to such provision in such jurisdiction and shall not in any manner affect such provision in any other jurisdiction or any other provision of this the Declaration of Trust in any jurisdiction.

Appears in 1 contract

Samples: Trust Agreement (Gabelli Money Market Funds)

Provisions in Conflict with Law or Regulations. 11.5.1. (1) The provisions of this Declaration of Trust are severable, and if the Trustees shall determine, with the advice of counsel, that any of such provisions provision is in conflict with the 1940 Act, the regulated investment company provisions of the Internal Revenue Code of 1986 Code, and the regulations thereunder, the Delaware Act or with other applicable laws and regulations, the conflicting provision shall be deemed never to have constituted a part of this Declaration of Trust; provided, however, that such determination shall not affect any of the remaining provisions of this Declaration of Trust or render invalid or improper any action taken or omitted prior to such determination. 11.5.2. (2) If any provision of this Declaration of Trust shall be held invalid or unenforceable in any jurisdiction, such invalidity or unenforceability shall attach only to such provision in such jurisdiction and shall not in any manner affect such provision in any other jurisdiction or any other provision of this Declaration of Trust in any jurisdiction.

Appears in 1 contract

Samples: Trust Agreement (Transparent Value Trust)

Provisions in Conflict with Law or Regulations. 11.5.1. (a) The provisions of this the Declaration of Trust are severable, and if the Trustees shall determine, with the advice of counsel, that any of such provisions is in conflict with the 1940 Investment Company Act, the regulated investment company provisions of the Internal Revenue Code of 1986 or with other applicable laws and regulations, the conflicting provision shall be deemed never never-to have constituted a part of this the Declaration of Trust; provided, however, that such determination shall not affect any of the remaining provisions of this the Declaration of Trust or render invalid or improper any action taken or omitted prior to such determination. 11.5.2. (b) If any provision of this the Declaration of Trust shall be held invalid or unenforceable in any jurisdiction, such invalidity or unenforceability shall attach only to such provision in such jurisdiction and shall not in any manner affect such provision in any other jurisdiction or any other provision of this the Declaration of Trust in any jurisdiction.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Montgomery Funds Iii)

Provisions in Conflict with Law or Regulations. 11.5.1. (a) The provisions of this the Declaration of Trust are severable, and if the Trustees shall determine, with the advice of counsel, that any of such provisions is in conflict with the 1940 Act, the regulated investment company provisions of the Internal Revenue Code of 1986 Code, or with other applicable laws and regulations, the conflicting provision shall be deemed never to have constituted a part of this the Declaration of Trust; provided, however, that such determination shall not affect any of the remaining provisions of this the Declaration of Trust or render invalid or improper any action taken or omitted prior to such determination. 11.5.2. (b) If any provision of this the Declaration of Trust shall be held invalid or unenforceable in any jurisdiction, such invalidity or unenforceability shall attach only to such provision in such jurisdiction and shall not in any manner affect such provision in any other jurisdiction or any other provision of this the Declaration of Trust in any jurisdiction.

Appears in 1 contract

Samples: Trust Agreement (Franklin Floating Rate Master Trust)

Provisions in Conflict with Law or Regulations. 11.5.1. (a) The provisions of this the Declaration of Trust are severable, and if the Trustees shall determine, with the advice of counsel, that any of such provisions is in conflict with the 1940 Act, the regulated investment company provisions of the Internal Revenue Code of 1986 or with other applicable federal laws and regulations, the conflicting provision shall be deemed never to have constituted a part of this the Declaration of Trust; provided, however, that such determination shall not affect any of the remaining provisions of this the Declaration of Trust or render invalid or improper any action taken or omitted prior to such determination. 11.5.2. (b) If any provision of this the Declaration of Trust shall be held invalid or unenforceable in any jurisdiction, such invalidity or unenforceability shall attach only to such provision in such jurisdiction and shall not in any manner affect such provision in any other jurisdiction or any other provision of this the Declaration of Trust in any jurisdiction.. 48152, v0.3 20

Appears in 1 contract

Samples: Amendment to Agreement and Declaration of Trust (Vanguard Fixed Income Securities Funds)

Provisions in Conflict with Law or Regulations. 11.5.1. (a) The provisions of this the Declaration of Trust are severable, and if the Trustees shall determine, with the advice of counsel, that any of such provisions is in conflict with the 1940 Act, the regulated investment company provisions of the Internal Revenue Code of 1986 or with other applicable federal laws and regulations, the conflicting provision shall be deemed never to have constituted a part of this the Declaration of Trust; provided, however, that such determination shall not affect any of the remaining provisions of this the Declaration of Trust or render invalid or improper any action taken or omitted prior to such determination. 11.5.2. (b) If any provision of this the Declaration of Trust shall be held invalid or unenforceable in any jurisdiction, such invalidity or unenforceability shall attach only to such provision in such jurisdiction and shall not in any manner affect such provision in any other jurisdiction or any other provision of this the Declaration of Trust in any jurisdiction.. 108668,v0.219

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Vanguard Specialized Funds)

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Provisions in Conflict with Law or Regulations. 11.5.1. The provisions of this Declaration of Trust are severable, and if the Trustees shall determine, with the advice of counsel, that any of such provisions is in conflict with the 1940 Act, the regulated investment company provisions of the Internal Revenue Code of 1986 1986, as amended, or with other applicable laws and regulations, the conflicting provision shall be deemed never to have constituted a part of this Declaration of Trust; provided, however, that such determination shall not affect any of the remaining provisions of this Declaration of Trust or render invalid or improper any action taken or omitted prior to such determination. 11.5.2. If any provision of this Declaration of Trust shall be held invalid or unenforceable in any jurisdiction, such invalidity or unenforceability shall attach only to such provision in such jurisdiction and shall not in any manner affect such provision in any other jurisdiction or any other provision of this Declaration of Trust in any jurisdiction.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (CRM Mutual Fund Trust)

Provisions in Conflict with Law or Regulations. 11.5.1. (a) The provisions of this the Declaration of Trust are severable, and if the Trustees shall determine, with the advice of counsel, that any of such provisions is in conflict with the 1940 Act, the regulated investment company provisions of the Internal Revenue Code of 1986 or with other applicable federal laws and regulations, the conflicting provision shall be deemed never to have constituted a part of this the Declaration of Trust; provided, however, that such determination shall not affect any of the remaining provisions of this the Declaration of Trust or render invalid or improper any action taken or omitted prior to such determination. 11.5.2. (b) If any provision of this the Declaration of Trust shall be held invalid or unenforceable in any jurisdiction, such invalidity or unenforceability shall attach only to such provision in such jurisdiction and shall not in any manner affect such provision in any other jurisdiction or any other provision of this the Declaration of Trust in any jurisdiction.. 107934, v0.3

Appears in 1 contract

Samples: Amended and Restated Agreement and Declaration of Trust (Vanguard Whitehall Funds)

Provisions in Conflict with Law or Regulations. 11.5.1. (a) The provisions of this the Declaration of Trust are severable, and if the Trustees shall determine, with the advice of counsel, that any of such provisions is in conflict with the 1940 Act, the regulated investment company provisions of the Internal Revenue Code of 1986 or with other applicable federal laws and regulations, the conflicting provision shall be deemed never to have constituted a part of this the Declaration of Trust; provided, however, that such determination shall not affect any of the remaining provisions of this the Declaration of Trust or render invalid or improper any action taken or omitted prior to such determination. 11.5.2. (b) If any provision of this the Declaration of Trust shall be held invalid or unenforceable in any jurisdiction, such invalidity or unenforceability shall attach only to such provision in such jurisdiction and shall not in any manner affect such provision in any other jurisdiction or any other provision of this the Declaration of Trust in any jurisdiction.. 107933, v0.5

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Vanguard International Equity Index Funds)

Provisions in Conflict with Law or Regulations. 11.5.1. (a) The provisions of this the Declaration of Trust are severable, and if the Trustees shall determine, with the advice of counsel, that any of such provisions provision is in conflict with the 1940 Act, the regulated investment company applicable provisions of the Internal Revenue Code of 1986 Code, and the regulations thereunder, the Delaware Act or with other applicable laws and regulations, the conflicting provision shall be deemed never to have constituted a part of this the Declaration of Trust; provided, however, that such determination shall not affect any of the remaining provisions of this the Declaration of Trust or render invalid or improper any action taken or omitted prior to such determination. 11.5.2. (b) If any provision of this the Declaration of Trust shall be held invalid or unenforceable in any jurisdiction, such invalidity or unenforceability shall attach only to such provision in such jurisdiction and shall not in any manner affect such provision in any other jurisdiction or any other provision of this the Declaration of Trust in any jurisdiction.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Prudential Series Fund)

Provisions in Conflict with Law or Regulations. 11.5.1. 11.5.1 The provisions of this the Declaration of Trust are severable, and if the Trustees shall determine, with the advice of counsel, that any of such provisions is in conflict with the 1940 Act, the regulated investment company provisions of the Internal Revenue Code of 1986 or with other applicable laws and regulations, the conflicting provision shall be deemed never to have constituted a part of this the Declaration of Trust; provided, however, that such determination shall not affect any of the remaining provisions of this the Declaration of Trust or render invalid or improper any action taken or omitted prior to such determination. 11.5.2. 11.5.2 If any provision of this the Declaration of Trust shall be held invalid or unenforceable in any jurisdiction, such invalidity or unenforceability shall attach only to such provision in such jurisdiction and shall not in any manner affect such provision in any other jurisdiction or any other provision of this the Declaration of Trust in any jurisdiction.

Appears in 1 contract

Samples: Trust Agreement (Wt Mutual Fund)

Provisions in Conflict with Law or Regulations. 11.5.1. (a) The provisions of this the Declaration of Trust are severable, and if the Trustees shall determine, with the advice of counsel, that any of such provisions is in conflict with the 1940 Act, the regulated investment company provisions of the Internal Revenue Code of 1986 or with other applicable federal laws and regulations, the conflicting provision shall be deemed never to have constituted a part of this the Declaration of Trust; provided, however, that such determination shall not affect any of the remaining provisions of this the Declaration of Trust or render invalid or improper any action taken or omitted prior to such determination. 11.5.2. (b) If any provision of this the Declaration of Trust shall be held invalid or unenforceable in any jurisdiction, such invalidity or unenforceability shall attach only to such provision in such jurisdiction and shall not in any manner affect such provision in any other jurisdiction or any other provision of this the Declaration of Trust in any jurisdiction.. 107934, v0.2 18

Appears in 1 contract

Samples: Amended and Restated Agreement and Declaration of Trust (Vanguard Whitehall Funds)

Provisions in Conflict with Law or Regulations. 11.5.1. (a) The provisions of this the Declaration of Trust are severable, and if the Trustees shall determine, with the advice of counsel, that any of such provisions is in conflict with the 1940 Act, the regulated investment company provisions of the Internal Revenue Code of 1986 or with other applicable federal laws and regulations, the conflicting provision shall be deemed never to have constituted a part of this the Declaration of Trust; provided, however, that such determination shall not affect any of the remaining provisions of this the Declaration of Trust or render invalid or improper any action taken or omitted prior to such determination. 11.5.2. (b) If any provision of this the Declaration of Trust shall be held invalid or unenforceable in any jurisdiction, such invalidity or unenforceability shall attach only to such provision in such jurisdiction and shall not in any manner affect such provision in any other jurisdiction or any other provision of this the Declaration of Trust in any jurisdiction.. 48679, v0.7 20

Appears in 1 contract

Samples: Amended and Restated Agreement and Declaration of Trust (Vanguard Scottsdale Funds)

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