Common use of Purpose of the Fund Clause in Contracts

Purpose of the Fund. The purpose of the Fund is to conduct, operate and carry on the business of a management investment company registered under the 1940 Act, and to carry on such other business or businesses as the Trustees may from time to time determine pursuant to their authority under this Declaration of Trust. In furtherance of the foregoing, the Fund may do everything necessary, suitable, convenient, customary or proper for the conduct, promotion and attainment of any businesses and purposes which at any time may be incidental to, or may appear conducive or expedient for the accomplishment of the business of, an investment company registered under the 1940 Act, or any such other business or businesses as the Trustees may from time to time determine, and which may be engaged in or carried on by a statutory trust formed under the Delaware Act; and in connection therewith, the Fund shall have and may exercise all of the powers conferred by the laws of the State of Delaware upon a Delaware statutory trust.

Appears in 3 contracts

Samples: Agreement and Declaration of Trust (Hedge Fund Guided Portfolio Solution), Agreement and Declaration of Trust (Thrivent Church Loan & Income Fund), Agreement and Declaration of Trust (Hedge Fund Guided Portfolio Solution)

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Purpose of the Fund. The purpose of the Fund is to conduct, operate and carry on the business of a management an investment company registered under the 1940 Act, and to carry on such other business or businesses as the Trustees may from time to time determine pursuant to their authority under this Declaration of Trust. In furtherance of the foregoing, the Fund may do everything necessary, suitable, convenient, customary or proper for the conduct, promotion and attainment of any businesses and purposes which at any time may be incidental to, or may appear conducive or expedient for the accomplishment of the business of, an investment company registered under the 1940 Act, or any such other business or businesses as the Trustees may from time to time determine, and which may be engaged in or carried on by a statutory trust formed under the Delaware Act; and in connection therewith, the Fund shall have and may exercise all of the powers conferred by the laws of the State of Delaware upon a Delaware statutory trust.

Appears in 2 contracts

Samples: Agreement and Declaration of Trust (Federated Hermes Project & Trade Finance Tender Fund), Agreement and Declaration of Trust (Federated Project & Trade Finance Tender Fund)

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Purpose of the Fund. The purpose of the Fund is to conduct, operate and carry on the business of a management an investment company registered under the 1940 Act, and to carry on such other business or businesses as the Trustees may from time to time determine pursuant to their authority under this Declaration of Trust. In furtherance of the foregoing, the Fund may do everything necessary, suitable, convenient, customary or proper for the conduct, promotion and attainment of any businesses and purposes which at any time may be incidental to, or may appear conducive or expedient for the accomplishment of the business of, an investment company registered under the 1940 Act, or any such other business or businesses as the Trustees may from time to time determine, and which may be engaged in or carried on by a statutory trust formed under the Delaware Act; and in connection therewith, the Fund shall have and may exercise all of the powers conferred by the laws of the State of Delaware upon a Delaware statutory trust.. ARTICLE III

Appears in 1 contract

Samples: Federated Project & Trade Finance Tender Fund

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