Common use of Rules for Conduct of Committee Affairs Clause in Contracts

Rules for Conduct of Committee Affairs. Except as otherwise provided by the Trustees, each Committee elected or appointed pursuant to this Article 4 may adopt such standing rules and regulations for the conduct of its affairs as it may deem desirable, subject to review and approval of such rules and regulations by the Trustees at the next succeeding meeting of the Trustees, but in the absence of any such action or any contrary provisions by the Trustees, the business of each Committee shall be conducted, so far as practicable, in the same manner as provided herein and in the Declaration for the Trustees.

Appears in 5 contracts

Samples: Agreement and Declaration of Trust (American Capital Life Investment Trust), Agreement and Declaration of Trust (Van Kampen American Capital World Portfolio Series Trust), Agreement and Declaration of Trust (American Capital Growth & Income Fund Inc)

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Rules for Conduct of Committee Affairs. Except as otherwise provided by the Trustees, each Committee elected or appointed pursuant to this Article 4 IV may adopt such standing rules and regulations for the conduct of its affairs as it may deem desirable, subject to review and approval of such rules and regulations by the Trustees at the next succeeding meeting of the Trustees, but in the absence of any such action or any contrary provisions by the Trustees, the business of each Committee shall be conducted, so far as practicable, in the same manner as provided herein and in the Declaration for the Trustees.

Appears in 1 contract

Samples: By Laws (Standish Ayer & Wood Investment Trust)

Rules for Conduct of Committee Affairs. Except as otherwise provided by the Trustees, each Committee committee elected or appointed pursuant to this Article 4 3 may adopt such standing rules and regulations for the conduct of its affairs as it may deem desirableappropriate, subject to review and approval of such rules and regulations by the Trustees, if and when the Trustees at the next succeeding meeting of the Trusteeschoose to do so, but in the absence of any such action or any contrary provisions by the Trustees, the business of each Committee committee shall be conducted, so far as practicable, in the same manner as for the Trustees, as provided herein and in the Declaration for the TrusteesDeclaration.

Appears in 1 contract

Samples: By Laws (Forefront Income Trust)

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Rules for Conduct of Committee Affairs. Except as otherwise provided by the Trustees, each Committee elected or appointed pursuant to this Article 4 IV may adopt such standing rules and regulations for the conduct of its affairs as it may deem desirable, subject to review and approval of such rules and regulations by the Trustees at the next succeeding meeting of the Trustees, but in the absence of any such action or any contrary provisions by the Trusteestrustees, the business of each Committee shall be conducted, so far as practicable, in the same manner as provided herein and in the Declaration for the Trustees.

Appears in 1 contract

Samples: By Laws (Alger Fund)

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