Common use of Reclassification of the Trust Clause in Contracts

Reclassification of the Trust. The Board of Trustees may cause the Trust to be converted from a “closed-end company” to an “open-end company” (as those terms are defined, respectively, in Sections 5(a)(2) and 5(a)(1) of the 1940 Act). Such reclassification of the Trust shall require approval by vote of the Board of Trustees followed by the approval of Shareholders as set forth in Section 9.1.

Appears in 25 contracts

Samples: Agreement and Declaration of Trust (Invesco Pennsylvania Value Municipal Income Trust), Agreement and Declaration of Trust (Invesco High Income Trust II), Agreement and Declaration of Trust (Invesco Trust for Investment Grade Municipals)

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Reclassification of the Trust. The Board of Trustees may cause the Trust to be converted from a "closed-end company" to an "open-end company" (as those terms are defined, respectively, in Sections 5(a)(2) and 5(a)(1) of the 1940 Act). Such reclassification of the Trust shall require approval by vote of the Board of Trustees followed by the approval of Shareholders as set forth in Section 9.1.

Appears in 15 contracts

Samples: Agreement and Declaration of Trust (Invesco High Income 2024 Target Term Fund), Trust Agreement (Invesco Senior Loan Fund), Agreement and Declaration of Trust (Invesco High Income 2023 Target Term Fund)

Reclassification of the Trust. The Board of Trustees may cause the Trust to be converted from a "closed-end company" to an "open-end company" (as those terms are defined, respectively, in Sections 5(a)(2) and 5(a)(1) of the 1940 Act). Such reclassification of the Trust shall require approval by vote of the Board of Trustees followed by the approval of and Shareholders as set forth in Section 9.11 of this Article VIII.

Appears in 10 contracts

Samples: Trust Agreement (Franklin Templeton Strategic Income Trust), Trust Agreement (Templeton Global Income Fund Inc), Agreement and Declaration of Trust (Franklin Mutual Recovery Fund)

Reclassification of the Trust. The Board of Trustees may cause the Trust to be converted from a “closed-end company” to an “open-end company” (as those terms are defined, respectively, in Sections 5(a)(2) and 5(a)(1) of the 1940 Act). Such reclassification of the Trust shall require approval by vote of the Board of Trustees followed by the approval of Shareholders as set forth in Section 9.1required by the 1940 Act.

Appears in 7 contracts

Samples: Agreement and Declaration of Trust (Invesco Dynamic Credit Opportunity Fund), Agreement and Declaration of Trust (Invesco Senior Loan Fund), Agreement and Declaration of Trust (Invesco Dynamic Credit Opportunity Fund)

Reclassification of the Trust. The Board of Trustees may cause the Trust to be converted from a “closed-end company” to an “open-end company” (as those terms are defined, respectively, in Sections 5(a)(2) and 5(a)(1) of the 1940 Act). Such reclassification of the Trust shall require approval by vote of the Board of Trustees followed by the approval of and Shareholders as set forth in Section 9.11 of this Article VIII.

Appears in 3 contracts

Samples: Agreement and Declaration of Trust (Franklin LTD Duration Income Trust), Agreement and Declaration of Trust (Franklin Mutual Recovery Fund), Agreement and Declaration of Trust (Franklin Global Trust)

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Reclassification of the Trust. The Board of Trustees may cause the Trust to be converted from a “closed-end company” to an “open-end company” (as those terms are defined, respectively, in Sections 5(a)(2) and 5(a)(1) of the 1940 Act). Such reclassification of the Trust shall require approval by vote of the Board of Trustees followed by the approval of and Shareholders as set forth in Section 9.19.1(a).

Appears in 1 contract

Samples: Amended and Restated Agreement and Declaration of Trust (Virtus Global Multi-Sector Income Fund)

Reclassification of the Trust. The Board of Trustees may cause the Trust to be converted from a "closed-end company" to an "open-end company" (as those terms are defined, respectively, in Sections 5(a)(2) and 5(a)(1) of the 1940 Act). Such reclassification of the Trust shall require approval by vote of the Board of Trustees followed by the approval of and Shareholders as set forth in Section 9.19.1(a).

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Invesco Total Property Market Income Fund)

Reclassification of the Trust. The Board of Trustees may cause the Trust to be converted from a “closed-end company” to an “open-end company” (as those terms are defined, respectively, in Sections 5(a)(2) and 5(a)(1) of the 1940 Act). Such reclassification of the Trust shall require an approval by vote of the Board of Trustees followed by the approval of and Shareholders as set forth for in Section 9.11 of this Article VIII.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (EGA Frontier Diversified Core Fund)

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