Redemption of De Minimis Accounts. If, at any time, when a request for transfer or redemption of Shares of any Portfolio is received by the Trust or its agent, the value of the Shares of such Portfolio in a Shareholder's account is less than Five Hundred Dollars ($500.00), or such greater amount as the Trustees in their discretion shall have determined in accordance with Article IV, Section 4.1(t) hereof, after giving effect to such transfer or redemption, the Trust may, at any time following such transfer or redemption and upon giving thirty (30) days' notice to the Shareholder, cause the remaining Shares of such Portfolio in such Shareholder's account to be redeemed at net asset value and in accordance with such procedures as are set forth in the Bylaws.
Appears in 8 contracts
Samples: Agreement and Declaration (Gt Global Variable Investment Trust), Agreement and Declaration (Aim Series Trust), Agreement and Declaration (Hillview Investment Trust Ii)
