Common use of REMOVAL OF TRUSTEES BY THE SHAREHOLDERS Clause in Contracts

REMOVAL OF TRUSTEES BY THE SHAREHOLDERS. The Fund shall comply with the provisions of Section 16(c) of the 1940 Act as though applicable to the Fund, and with interpretations hereof by the Commission staff, insofar as such provisions and interpretations provide for the removal of trustees of common-law trusts and the calling of Shareholder meetings for such purpose; provided, however, that the Fund may at any time or from time to time apply to the Commission for one or more exemptions from all or part of said Section 16(c) or a staff interpretation thereof and, if exemptive order(s) or interpretation(s) are issued or provided by the Commission or its staff, such order(s) or interpretation(s) shall be deemed part of Section 16(c) for the purpose of applying this Section 2.7.

Appears in 36 contracts

Samples: Agreement and Declaration of Trust (John Hancock Tax-Advantaged Global Shareholder Yield Fund), Agreement and Declaration of Trust (John Hancock Tax-Advantaged Global Shareholder Yield Fund), Agreement and Declaration of Trust (John Hancock Tax-Advantaged Global Shareholder Yield Fund)

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REMOVAL OF TRUSTEES BY THE SHAREHOLDERS. The Fund shall comply with the provisions of Section 16(c) of 16(c)of the 1940 Act as though applicable to the Fund, and with interpretations hereof by the Commission staff, insofar as such provisions and interpretations provide for the removal of trustees of common-law trusts and the calling of Shareholder meetings for such purpose; provided, however, that the Fund may at any time or from time to time apply to the Commission for one or more exemptions from all or part of said Section 16(c) or a staff interpretation thereof and, if exemptive order(s) or interpretation(s) are issued or provided by the Commission or its staff, such order(s) or interpretation(s) shall be deemed part of Section 16(c) for the purpose of applying this Section 2.7.

Appears in 6 contracts

Samples: Agreement and Declaration of Trust (John Hancock Floating Rate High Income Fund), Agreement and Declaration of Trust (John Hancock Strategic Diversified Income Fund), Agreement and Declaration of Trust (John Hancock Flexible Income Opportunities Fund)

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