Common use of Purchase of or Increase in Interests Clause in Contracts

Purchase of or Increase in Interests. The Trustees, in their discretion, may, from time to time, without a vote of the Holders, permit the purchase of additional Interests of any Series by such Person or Persons (including existing Holders), subject to the provisions of Section 5.1 hereof, and for such type of consideration, including cash or property, at such time or times (including each business day), and on such terms as the Trustees may deem best, and may in such manner acquire other assets (including the acquisition of assets subject to, and in connection with the assumption of, liabilities) and businesses.

Appears in 6 contracts

Samples: Agreement and Declaration of Trust (GoodHaven Funds Trust), Trust Agreement (Riverpark Funds Trust), Trust Agreement (Underlying Funds Trust)

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Purchase of or Increase in Interests. The TrusteesDirectors, in their discretion, may, from time to time, without a vote of the Holders, permit the purchase of additional Interests of any Series by such a Person or Persons (including existing Holders), subject to the provisions of Section 5.1 hereof, and for such type of consideration, including cash or property, at such time or times (including including, without limitation, each business day), and on such terms as the Trustees Directors may deem best, and may in such manner acquire other assets (including the acquisition of assets subject to, and in connection with the assumption of, of liabilities) and businesses.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Quantitative Master Series LLC)

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Purchase of or Increase in Interests. The TrusteesDirectors, in their discretion, may, from time to time, without a vote of the Holders, permit the purchase of additional Interests of any Series by such Person an Institutional Investor or Persons Institutional Investors (including existing Holders), subject to the provisions of Section 5.1 hereof, and for such type of consideration, including cash or property, at such time or times (including including, without limitation, each business day), and on such terms as the Trustees Directors may deem best, and may in such manner acquire other assets (including the acquisition of assets subject to, and in connection with the assumption of, liabilities) and businesses.

Appears in 1 contract

Samples: Limited Liability Company Agreement (Master Institutional Money Market LLC)

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