Redemptions at the Option of the Trust. The Trust shall have the right, at its option, upon 30 days notice to the affected Shareholder at any time to redeem Shares of any Shareholder at the net asset value thereof as described in Section 1 of this Article VI: (i) if at such time such Shareholder owns Shares of any Series having an aggregate net asset value of less than a minimum value determined from time to time by the Trustees; or (ii) to the extent that such Shareholder owns Shares of a Series equal to or in excess of a maximum percentage of the outstanding Shares of such Series determined from time to time by the Trustees; or (iii) to the extent that such Shareholder owns Shares equal to or in excess of a maximum percentage, determined from time to time by the Trustees, of the outstanding Shares of the Trust.
Appears in 292 contracts
Samples: Amendment No. 5 to the Amended and Restated Agreement and Declaration of Trust (Vanguard Star Funds), Amendment No. 2 to Amended and Restated Agreement and Declaration of Trust (Vanguard Institutional Index Funds), Amendment No. 2 to the Amended and Restated Agreement and Declaration of Trust (Vanguard Institutional Index Funds)
Redemptions at the Option of the Trust. The Trust shall have the right, at its option, upon 30 60 days notice to the affected Shareholder at any time to redeem Shares of any Shareholder at the net asset value thereof as described in Section 1 of this Article VI: (i) if at such time such Shareholder owns Shares of any Series having an aggregate net asset value of less than a minimum value determined from time to time by the Trustees; or (ii) to the extent that such Shareholder owns Shares of a Series equal to or in excess of a maximum percentage of the outstanding Shares of such Series determined from time to time by the Trustees; or (iii) to the extent that such Shareholder owns Shares equal to or in excess of a maximum percentage, determined from time to time by the Trustees, of the outstanding Shares of the Trust.
Appears in 17 contracts
Samples: Agreement and Declaration of Trust (Ubs Funds), Agreement and Declaration of Trust (Ubs Funds), Agreement and Declaration of Trust (Ubs Funds)
Redemptions at the Option of the Trust. The Trust shall have the right, right at its option, upon 30 days notice to the affected Shareholder option and at any time to redeem Shares of any Shareholder at the net asset value thereof as described in Section 1 of this Article VI: (i) if at such time such Shareholder owns Shares of any Series having an aggregate net asset value of less than a minimum value an amount determined from time to time by the TrusteesTrustees prior to the acquisition of said Shares; or (ii) to the extent that such Shareholder owns Shares of a particular Series equal to or in excess of a maximum percentage of the outstanding Shares of such that Series determined from time to time by the Trustees; or (iii) to the extent that such Shareholder owns Shares equal to or in excess of a maximum percentage, determined from time to time by the Trustees, of the outstanding Shares of the TrustTrust or of any Series.
Appears in 13 contracts
Samples: Agreement and Declaration of Trust (Advisors Series Trust), Agreement and Declaration of Trust (Amivest NFB Funds Trust), Declaration of Trust (Franklin Global Trust)
Redemptions at the Option of the Trust. The Trust shall have the right, at its option, upon 30 days notice to the affected Shareholder option and at any time time, to redeem Shares of any Shareholder at the net asset value thereof as described in Section 1 of this Article VI: (i) if at such time such Shareholder owns Shares of any Series having an aggregate net asset value of less than a minimum value an amount determined from time to time by the TrusteesTrustees prior to the acquisition of said Shares; or (ii) to the extent that such Shareholder owns Shares of a particular Series equal to or in excess of a maximum percentage of the outstanding Shares of such that Series determined from time to time by the Trustees; or (iii) to the extent that such Shareholder owns Shares equal to or in excess of a maximum percentage, determined from time to time by the Trustees, of the outstanding Shares of the TrustTrust or of any Series.
Appears in 4 contracts
Samples: Agreement and Declaration of Trust (Metropolitan West Funds), Trust Agreement (Rochdale Investment Insurance Trust), Agreement and Declaration of Trust (Tip Institutional Funds)
Redemptions at the Option of the Trust. The Trust shall have the right, right at its option, upon 30 days notice to the affected Shareholder option and at any time tine to redeem Shares of any Shareholder at the net asset value thereof as described in Section 1 of this Article VI: (i) if at such time such Shareholder owns Shares of any Series having an aggregate net asset value of less than a minimum value an amount determined from time to time by the TrusteesTrustees prior to the acquisition of said Shares; or (ii) to the extent that such Shareholder owns Shares of a particular Series equal to or in excess of a maximum percentage of the outstanding Shares of such that Series determined from time to time by the Trustees; or (iii) to the extent that such Shareholder owns Shares equal to or in excess of a maximum percentage, determined from time to time by the Trustees, of the outstanding Shares of the TrustTrust or of any Series.
Appears in 4 contracts
Samples: Declaration of Trust (Franklin Managed Trust), Trust Agreement (Franklin High Income Trust), Declaration of Trust (Franklin Gold Fund)
Redemptions at the Option of the Trust. The Trust shall have the right, at its option, upon 30 days notice to the affected Shareholder option and at any time time, to redeem Shares of any Shareholder at the net asset value thereof as described in Section 1 of this Article VI: (ia) if at such time such Shareholder owns Shares of any Series having an aggregate net asset value of less than a minimum value an amount determined from time to time by the TrusteesTrustees prior to the acquisition of said Shares; or (iib) to the extent that such Shareholder owns Shares of a particular Series equal to or in excess of a maximum percentage of the outstanding Shares of such that Series determined from time to time by the Trustees; or (iiic) to the extent that such Shareholder owns Shares equal to or in excess of a maximum percentage, determined from time to time by the Trustees, of the outstanding Shares of the TrustTrust or of any Series.
Appears in 3 contracts
Samples: Declaration of Trust (City National Rochdale Funds), Agreement and Declaration of Trust (Purisima Funds), Trust Agreement (Berkeley Capital Management Funds)
Redemptions at the Option of the Trust. The Trust shall have the right, at its option, upon 30 days prior notice to the affected Shareholder at any time to redeem Shares of any Shareholder at the net asset value thereof as described in Section 1 of this Article VI: (i) if at such time such Shareholder owns Shares of any Series having an aggregate net asset value of less than a minimum value determined from time to time by the Trustees; or (ii) to the extent that such Shareholder owns Shares of a Series equal to or in excess of a maximum percentage of the outstanding Shares of such Series determined from time to time by the Trustees; or (iii) to the extent that such Shareholder owns Shares equal to or in excess of a maximum percentage, determined from time to time by the Trustees, of the outstanding Shares of the Trust.
Appears in 3 contracts
Samples: Trust Agreement (Murphymorris Investment Trust), Agreement and Declaration of Trust (Stadion Investment Trust), Agreement and Declaration of Trust (PMFM Investment Trust)
Redemptions at the Option of the Trust. The Trust shall have the -------------------------------------------------- right, at its option, upon 30 days notice to the affected Shareholder at any time to redeem Shares of any Shareholder at the net asset value thereof as described in Section 1 of this Article VI: (i) if at such time such Shareholder owns Shares of any Series having an aggregate net asset value of less than a minimum value determined from time to time by the Trustees; or (ii) to the extent that such Shareholder owns Shares of a Series equal to or in excess of a maximum percentage of the outstanding Shares of such Series determined from time to time by the Trustees; or (iii) to the extent that such Shareholder owns Shares equal to or in excess of a maximum percentage, determined from time to time by the Trustees, of the outstanding Shares of the Trust.
Appears in 2 contracts
Samples: Agreement and Declaration of Trust (Vanguard Asset Allocation Fund Inc), Agreement and Declaration of Trust (Vanguard Fixed Income Securities Fund Inc)
Redemptions at the Option of the Trust. The Trust shall have the right, at its option, upon 30 days days’ notice to the affected Shareholder at any time to redeem Shares of any Shareholder at the net asset value thereof as described in Section 1 of this Article VI: (i) if at such time such Shareholder owns Shares of any Series having an aggregate net asset value of less than a minimum value determined from time to time by the Trustees; or (ii) to the extent that such Shareholder owns Shares of a Series equal to or in excess of a maximum percentage of the outstanding Shares of such Series determined from time to time by the Trustees; or (iii) to the extent that such Shareholder owns Shares equal to or in excess of a maximum percentage, determined from time to time by the Trustees, of the outstanding Shares of the Trust.
Appears in 2 contracts
Samples: Trust Agreement (Hays Series Trust), Trust Agreement (WST Investment Trust)
Redemptions at the Option of the Trust. The Trust shall ---------- -------------------------------------- have the right, at its option, upon 30 60 days notice to the affected Shareholder at any time to redeem Shares of any Shareholder at the net asset value thereof as described in Section 1 of this Article VI: (i) if at such time such Shareholder owns Shares of any Series having an aggregate net asset value of less than a minimum value determined from time to time by the Trustees; or (ii) to the extent that such Shareholder owns Shares of a Series equal to or in excess of a maximum percentage of the outstanding Shares of such Series determined from time to time by the Trustees; or (iii) to the extent that such Shareholder owns Shares equal to or in excess of a maximum percentage, determined from time to time by the Trustees, of the outstanding Shares of the Trust.
Appears in 1 contract
Samples: Agreement and Declaration of Trust (First Mutual Funds)
Redemptions at the Option of the Trust. The Trust shall have the right, at its option, upon 30 60 days notice to the affected Shareholder at any time to redeem Shares of any Shareholder at the net asset value thereof as described in Section 1 of this Article VI: (i) if at such time such Shareholder owns Shares of any Series having an aggregate net asset value of less than a minimum value determined from time to time by the Trustees; or (ii) to the extent that such Shareholder owns Shares of a Series equal to or in excess of a maximum percentage of the outstanding Shares of such Series determined from time to time by the Trustees; or (iii) to the extent that such Shareholder owns Shares equal to or in excess of a maximum percentage, determined from time to time by the Trustees, of the outstanding Shares of the Trust; or (iv) if an executive officer of the Trust determines that such Shareholder has engaged in excessive trading in the Shares of a Series.
Appears in 1 contract
Samples: Amended Agreement and Declaration of Trust (Kalmar Pooled Investment Trust)
Redemptions at the Option of the Trust. The Trust shall have ---------- -------------------------------------- the right, at its option, upon 30 60 days notice to the affected Shareholder at any time to redeem Shares of any Shareholder at the net asset value thereof as described in Section 1 of this Article VI: (i) if at such time such Shareholder owns Shares of any Series having an aggregate net asset value of less than a minimum value determined from time to time by the Trustees; or (ii) to the extent that such Shareholder owns Shares of a Series equal to or in excess of a maximum percentage of the outstanding Shares of such Series determined from time to time by the Trustees; or (iii) to the extent that such Shareholder owns Shares equal to or in excess of a maximum percentage, determined from time to time by the Trustees, of the outstanding Shares of the Trust.
Appears in 1 contract
Samples: Agreement and Declaration of Trust (Brazos Mutual Funds)
Redemptions at the Option of the Trust. The Trust shall have the right, at its option, upon 30 60 days notice to the affected Shareholder at any time to redeem Shares of any Shareholder at the net asset value thereof as described in Section 1 6.1 of this Article VI: VI (i) if at such time such Shareholder owns Shares of any Series having an aggregate net asset value of less than a minimum value determined from time to time by the Trustees; or (ii) to the extent that such Shareholder owns Shares of a Series equal to or in excess of a maximum percentage of the outstanding Shares of such Series determined from time to time by the Trustees; or (iii) to the extent that such Shareholder owns Shares equal to or in excess of a maximum percentage, determined from time to time by the Trustees, of the outstanding Shares of the Trust.
Appears in 1 contract
Samples: Agreement and Declaration of Trust (Risa Investment Trust)
Redemptions at the Option of the Trust. The Trust ---------- -------------------------------------- shall have the right, at its option, upon 30 days notice to the affected Shareholder at any time to redeem Shares of any Shareholder at the net asset value thereof as described in Section 1 of this Article VI: (i) if at such time such Shareholder owns Shares of any Series having an aggregate net asset value of less than a minimum value determined from time to time by the Trustees; or (ii) to the extent that such Shareholder owns Shares of a Series equal to or in excess of a maximum percentage of the outstanding Shares of such Series determined from time to time by the Trustees; or (iii) to the extent that such Shareholder owns Shares equal to or in excess of a maximum percentage, determined from time to time by the Trustees, of the outstanding Shares of the Trust.
Appears in 1 contract
Samples: Agreement and Declaration of Trust (Vanguard Montgomery Funds)
Redemptions at the Option of the Trust. The Trust shall have --------- -------------------------------------- the right, right at its option, upon 30 days notice to the affected Shareholder option and at any time to redeem Shares of any Shareholder at the net asset value thereof as described in Section 1 of this Article VI: (i) if at such time such Shareholder owns Shares of any Series having an aggregate net asset value of less than a minimum value an amount determined from time to time by the TrusteesTrustees prior to the acquisition of said Shares; or (ii) to the extent that such Shareholder owns Shares of a particular Series equal to or in excess of a maximum percentage of the outstanding Shares of such that Series determined from time to time by the Trustees; or (iii) to the extent that such Shareholder owns Shares equal to or in excess of a maximum percentage, determined from time to time by the Trustees, of the outstanding Shares of the TrustTrust or of any Series.
Appears in 1 contract