Series and Classes. The Notes may be issued in one or more Series or Classes up to an aggregate Note Balance for such Series or Class as from time to time may be authorized by the Issuer. All Notes of each Series or Class under this Indenture will in all respects be equally and ratably entitled to the benefits hereof with respect to such Series or Class without preference, priority or distinction on account of (1) the actual time of the authentication and delivery, or (2) Stated Maturity Date of the Notes of such Series or Class, except as specified in the applicable Indenture Supplement for such Series or Class of Notes. Each Note issued must be part of a Series of Notes for purposes of allocations pursuant to the related Indenture Supplement. A Series of Notes is created pursuant to an Indenture Supplement. A Class of Notes is created pursuant to an Indenture Supplement for the applicable Series. Each Series and Class of Notes will be secured by the Trust Estate. Each Series of Notes may, but need not be, subdivided into multiple Classes. Notes belonging to a Class in any Series may be entitled to specified payment priorities over other Classes of Notes in that Series.
Series and Classes. The Board of Trustees may authorize the division of Shares into separate and distinct series and the division of any series into separate classes of Shares. The establishment and designation of any series or class thereof shall be effective, without the requirement of Shareholder approval, upon the adoption of a resolution by not less than a majority of the then Board of Trustees, which resolution shall set forth such establishment and designation and may provide, to the extent permitted by the DSTA, for rights, powers and duties of such series or class thereof otherwise than as provided herein. Each such resolution shall be incorporated herein by reference upon adoption. Any such resolution may be amended by a further resolution of a majority of the Board of Trustees, and if Shareholder approval would be required to make such an amendment to the language set forth in this Declaration of Trust, such further resolution shall require the same Shareholder approval that would be necessary to make such amendment to the language set forth in this Declaration of Trust. Each such further resolution shall be incorporated herein by reference upon adoption.
Series and Classes. The Board of Trustees may authorize the division of Shares into separate classes of Shares and into separate and distinct series of Shares and the division of any series into separate classes of Shares. The establishment and designation of any series or class thereof shall be effective, without the requirement of Shareholder approval, upon the adoption of a resolution by not less than a majority of the then Board of Trustees, which resolution shall set forth such establishment and designation and may provide, to the extent permitted by the DSTA, for rights, powers and duties of such series or class thereof otherwise than as provided herein. Each such resolution shall be incorporated herein by reference upon adoption.
Series and Classes. Each Transferring Fund and Transferring Class is a duly established and designated series and class, respectively, of the Transferring Trust. On or before the Closing Date, the Transferring Trust will designate each Interim Transferring Fund as a duly established and designated series of the Transferring Trust.
Series and Classes. Fund Series Share Class Ivy Accumulative Fund Class A Class B Class C Class I Class N Class R Class Y Ivy Apollo Multi-Asset Income Fund Class A Class C Class I Class N Class Y Ivy Apollo Strategic Income Fund Class A Class C Class I Class N Class Y Ivy Asset Strategy Fund Class A Class B Class C Class E Class I Class N Class R Class Y Ivy Balanced Fund Class A Class B Class C Class E Class I Class N Class R Class Y Ivy California Municipal High Income Fund Class A Class C Class I Class Y Xxx Xxxx Management Fund Class A Class B Class C Ivy Core Equity Fund Class A Class B Class C Class E Class I Class N Class R Class Y Ivy Corporate Bond Fund Class A Class B Class C Class E Class I Class N Class R Class Y Ivy Crossover Credit Fund Class A Class E Class I Class N Class R Class Y Ivy Emerging Markets Equity Fund Class A Class B Class C Class E Class I Class N Class R Class T Class Y Ivy Energy Fund Class A Class B Class C Class E Class I Class N Class R Class Y Ivy Global Bond Fund Class A Class B Class C Class I Class N Class R Class Y Ivy Global Equity Income Fund Class A Class B Class C Class E Class I Class N Class R Class Y Ivy Global Growth Fund Class A Class B Class C Class E Class I Class N Class R Class Y Ivy Government Money Market Fund Class A Class B Class C Class E Class N Ivy Government Securities Fund Class A Class B Class C Class E Class I Class N Class R Class Y Ivy High Income Fund Class A Class B Class C Class E Class I Class N Class R Class T Class Y Ivy IG International Small Cap Fund Class A Class C Class I Class N Class Y Ivy International Core Equity Fund Class A Class B Class C Class E Class I Class N Class R Class T Class Y Ivy Large Cap Growth Fund Class A Class B Class C Class E Class I Class N Class R Class Y Xxx XxXxxxx Global Real Estate Fund Class A Class B Class C Class I Class N Class R Class Y Ivy Limited-Term Bond Fund Class A Class B Class C Class E Class I Class N Class R Class Y Ivy Managed International Opportunities Fund Class A Class B Class C Class E Class I Class N Class R Class Y Ivy Mid Cap Growth Fund Class A Class B Class C Class E Class I Class N Class R Class Y Ivy Mid Cap Income Opportunities Fund Class A Class C Class E Class I Class N Class R Class Y Ivy Municipal Bond Fund Class A Class B Class C Class I Class N Class Y Ivy Municipal High Income Fund Class A Class B Class C Class I Class N Class Y Ivy Natural Resources Fund Class A Class B Class C Class E Class I Class N Class R Class Y Ivy Pictet Emergi...
Series and Classes. (a) Interests may be offered in one or more Series having separate rights, powers or duties with respect to specified property or obligations or profits and losses associated with specified property or obligations and, to the extent provided in this Agreement and a Separate Series Agreement (as hereinafter defined), having a separate business purpose or investment objective. A Member may be a member of one or more Series. The Interests of each Series may be offered in separate Classes. Unless otherwise required by the 1940 Act, the Board of Directors may, in its sole discretion, organize Series or classify unissued Interests in Classes without consulting the Members or any other person. To the extent Interests are offered in Series or Classes, expenses (including Organizational Expenses) specific to a Series or Class shall be allocated to such Series or Class. Also to the extent Interests are offered in Series, (i) Capital Accounts shall be separately established and maintained on a Series-by-Series basis, and, accordingly, Capital Percentages, Investment Percentages, Allocation Periods, Expense Allocation Dates, Net Profits or Net Losses and all allocations and distributions pursuant to Article III shall be determined on a Series by-Series basis, and (ii) each Series may have a separate closing Date and therefore different Fiscal Years. The debts, liabilities and obligations incurred, contracted for or otherwise existing with respect to a particular Series shall be enforceable against the assets of such Series only, and not against the assets of the Company generally or any other Series thereof, and none of the debts, liabilities, obligations and expenses incurred, contracted for or otherwise existing with respect to the Company generally or any other Series thereof shall be enforceable against the assets of such Series.
Series and Classes. As of May 14, 2012 Series Classes Avenue Credit Strategies Fund Investor Class Institutional Class
Series and Classes. The Custodian shall identify to each such series or class the property belonging to such series or class and in such reports, confirmations and notices to Mutual Fund called for under this Agreement shall identify the series or class to which such report, confirmation or notice pertains. In the event Mutual Fund establishes one or more portfolios other than the Funds with respect to which Mutual Fund wishes to retain the Custodian to act as custodian, Mutual Fund shall so notify the Custodian in writing. If the Custodian is willing to render such services, the Custodian shall notify Mutual Fund in writing whereupon each such portfolio shall be deemed to be a Fund hereunder.
Series and Classes. The Master Fund may create one or more Series and/or classes from time to time. With respect to any Series established by the Master Fund, the following provisions shall apply:
Series and Classes. The Notes may be issued in one or more Series or Classes up to an aggregate Note Balance for such Series or Class as from time to time may be authorized by the Issuer. All Notes of each Series or Class under this Indenture will in all respects be equally and ratably entitled to the benefits hereof with respect to such Series or Class without preference, priority or distinction on account of (1) the actual time of the authentication and delivery, or (2) Stated Maturity Date of the Notes of such Series or Class, except as specified in the applicable Indenture Supplement for such Series or Class of Notes.
