Termination of Trust or Series or Class. Unless terminated as provided herein, the Trust shall continue without limitation of time. The Trust may be terminated at any time by vote of at least 66-2/3% of the Shares of each Series entitled to vote and voting separately by Series or by the Trustees by written notice to the Shareholders. Any Series may be terminated at any time by vote of at least 66-2/3% of the Shares of that Series or by the Trustees by written notice to the Shareholders of that Series. Any Class may be separately terminated at any time by vote of at least a majority of the Shares of that Class present and voting on the question (a quorum being present) or by the Trustees by written notice to the Shareholders of that Class. Upon termination of the Trust (or any Series or Class, as the case may be), after paying or otherwise providing for all charges, taxes, expenses and liabilities belonging, severally, to each Series or allocable to each Class (or the applicable Series or Classes, as the case may be), whether due or accrued or anticipated as may be determined by the Trustees, the Trust shall in accordance with such procedures as the Trustees consider appropriate reduce the remaining assets belonging, severally, to each Series or allocable to each Class (or the applicable Series or Classes, as the case may be), to distributable form in cash or shares or other securities, or any combination thereof, and distribute the proceeds belonging to each Series or allocable to each Class (or the applicable Series or Classes, as the case may be), to the Shareholders of that Series or Class, as a Series or Class, ratably according to the number of Shares of that Series or Class held by the several Shareholders on the date of termination.
Appears in 23 contracts
Samples: Agreement and Declaration (Gmo Trust), Agreement and Declaration of Trust (Gmo Trust), Gmo Trust
Termination of Trust or Series or Class. Unless terminated as provided herein, the Trust shall continue without limitation of time. The Trust may be terminated at any time by vote of at least 66-2/3% the holders of a majority of the outstanding Shares of each Series entitled to vote and vote, voting separately by Series Series, or by the Trustees by written notice to the Shareholders. Any Series (or class) may be terminated at any time by vote of at least 66-2/3% the holders of a majority of the outstanding Shares of that Series (or by the Trustees by written notice to the Shareholders of that Series. Any Class may be separately terminated at any time by vote of at least a majority of the Shares of that Class present and voting on the question (a quorum being presentclass) or by the Trustees by written notice to the Shareholders of that ClassSeries (or class). Upon termination of the Trust (or any Series or Classclass, as the case may be), after paying or otherwise providing for all charges, taxes, expenses and liabilities belonging, held (severally, with respect to each Series or allocable to each Class (or the class, if applicable Series or Classes, and as the case may be), whether due or accrued or anticipated as may be determined by the Trustees, the Trust shall shall, in accordance with such procedures as the Trustees consider appropriate appropriate, reduce the remaining assets belonging, held (severally, with respect to each Series or allocable to each Class (or the class, if applicable Series or Classes, and as the case may be), ) to distributable form in cash or shares or other securities, or any combination thereof, and distribute the proceeds belonging held (with respect to each Series or allocable to each Class (or the class, if applicable Series or Classes, and as the case may be)) to the Shareholders (if applicable, to the Shareholders of that Series (or Classclass), as a Series (or Classclass)), ratably according to the number of Shares of that Series or Class held by the several Shareholders on the date of termination.
Appears in 11 contracts
Samples: 1WS Credit Income Fund, Archstone Alternative Solutions Fund, Agreement and Declaration (Preservation Trust Advisors)
Termination of Trust or Series or Class. Unless terminated as provided herein, the Trust shall continue without limitation of time. The Trust may be terminated at any time by vote of at least 66-2/350% of the Shares of each Series entitled to vote and voting separately by Series or by the Trustees by written notice to the Shareholders. Any Series or Class may be terminated at any time by vote of at least 66-2/350% of the Shares of that Series or Class or by the Trustees by written notice to the Shareholders of that Series. Any Class may be separately terminated at any time by vote of at least a majority of the Shares of that Class present and voting on the question (a quorum being present) Series or by the Trustees by written notice to the Shareholders of that Class. Upon termination of the Trust (or any Series or Class, as the case may be), after paying or otherwise providing for all charges, taxes, expenses and liabilities belonging, severally, to each Series or allocable to each Class (or the applicable Series or Classesattributable to the particular Class, as the case may be), whether due or accrued or anticipated as may be determined by the Trustees, the Trust shall in accordance with such procedures as the Trustees consider appropriate reduce the remaining assets belonging, severally, to each Series or allocable to each Class (or the applicable Series or Classesattributable to the particular Class, as the case may be), to distributable form in cash or shares or other securitiessecurities or other property, or any combination thereof, and distribute the proceeds belonging to each Series or allocable to each Class (or the applicable Series or Classesattributable to the particular Class, as the case may be) to the Shareholders of that Series (or Class as the case may be), to the Shareholders of that Series or Class, as a Series (or ClassClass as the case may be), ratably according to the number of Shares of that Series (or Class as the case may be) held by the several Shareholders on the date of termination.
Appears in 10 contracts
Samples: Agreement and Declaration (MassMutual Advantage Funds), Agreement and Declaration (MML Series Investment Fund II), Agreement and Declaration (MML Series Investment Fund)
Termination of Trust or Series or Class. Unless terminated as provided herein, the Trust shall continue without limitation of time. The Trust may be terminated at any time by vote of at least 66-2/3% the holders of a majority of the outstanding Shares of each Series entitled to vote and vote, voting separately by Series Series, or by the Trustees by written notice to the Shareholders. Any Series (or class) may be terminated at any time by vote of at least 66-2/3% the holders of a majority of the outstanding Shares of that Series (or by the Trustees by written notice to the Shareholders of that Series. Any Class may be separately terminated at any time by vote of at least a majority of the Shares of that Class present and voting on the question (a quorum being presentclass) or by the Trustees by written notice to the Shareholders of that ClassSeries (or class). Upon termination of the Trust (or any Series or Classclass, as the case may be), after paying or otherwise providing for all charges, taxes, expenses and liabilities belongingheld, severally, with respect to each Series or allocable to each Class (or the applicable Series or Classesclass, as the case may be), whether due or accrued or anticipated as may be determined by the Trustees, the Trust shall shall, in accordance with such procedures as the Trustees consider appropriate appropriate, reduce the remaining assets belongingheld, severally, with respect to each Series or allocable to each Class (or the applicable Series or Classesclass, as the case may be), ) to distributable form in cash or shares or other securities, or any combination thereof, and distribute the proceeds belonging held with respect to each Series or allocable to each Class (or the applicable Series or Classesclass, as the case may be)) to the Shareholders (if applicable, to the Shareholders of that Series (or Classclass), as a Series (or Classclass)), ratably according to the number of Shares of that Series (or Class class) held by the several Shareholders on the date of termination.
Appears in 4 contracts
Samples: Declaration of Trust (GLG Investment Series Trust), GLG Investment Series Trust (GLG Investment Series Trust), Declaration of Trust (GLG Investment Series Trust)
Termination of Trust or Series or Class. Unless terminated as provided herein, the Trust shall continue without limitation of time. The Trust may be terminated at any time by vote of at least 66-2/350% of the Shares of each Series entitled to vote and voting separately by Series or by the Trustees by written notice to the Shareholders. Any Series or Class may be terminated at any time by vote of at least 66-2/350% of the Shares of that Series or Class or by the Trustees by written notice to the Shareholders of that Series. Any Class may be separately terminated at any time by vote of at least a majority of the Shares of that Class present and voting on the question (a quorum being present) Series or by the Trustees by written notice to the Shareholders of that Class. Upon termination of the Trust (or any Series or Class, as the case may be), after paying or otherwise providing for all charges, taxes, expenses and liabilities belonging, severally, to each Series or allocable to each Class (or the applicable Series or Classesattributable to the particular Class, as the case may be), whether due or accrued or anticipated as may be determined by the Trustees, the Trust shall in accordance with such procedures as the Trustees consider appropriate reduce the remaining assets belonging, severally, to each Series or allocable to each Class (or the applicable Series or Classesattributable to the particular Class, as the case may be), to distributable form in cash or shares or other securities, or any combination thereof, and distribute the proceeds belonging to each Series or allocable to each Class (or the applicable Series or Classesattributable to the particular Class, as the case may be), to the Shareholders of that Series (or ClassClass as the case may be), as a Series (or ClassClass as the case may be), ratably according to the number of Shares of that Series (or Class as the case may be) held by the several Shareholders on the date of termination.
Appears in 2 contracts
Samples: Agreement and Declaration (MML Series Investment Fund II), Agreement and Declaration of Trust (MML Series Investment Fund II)
Termination of Trust or Series or Class. Unless terminated as provided herein, the Trust shall continue without limitation of time. The Trust may be terminated at any time by vote of at least 66-2/3% of the Shares of each Series entitled to vote and voting separately by Series or by the Trustees by written notice to the ShareholdersTrustees. Any Series may be terminated at any time by vote of at least 66-2/3% of the Shares of that Series or by the Trustees by written notice to the Shareholders of that SeriesTrustees. Any Class may be separately terminated at any time by vote of at least a majority of the Shares of that Class present and voting on the question (a quorum being present) or by the Trustees by written notice to the Shareholders of that ClassTrustees. Upon termination of the Trust (or any Series or Class, as the case may be), after paying or otherwise providing for all charges, taxes, expenses and liabilities belonging, severally, to each Series or allocable to each Class (or the applicable Series or Classes, as the case may be), whether due or accrued or anticipated as may be determined by the Trustees, the Trust shall in accordance with such procedures as the Trustees consider appropriate reduce the remaining assets belonging, severally, to each Series or allocable to each Class (or the applicable Series or Classes, as the case may be), to distributable form in cash or shares or other securities, or any combination thereof, and distribute the proceeds belonging to each Series or allocable to each Class (or the applicable Series or Classes, as the case may be), to the Shareholders of that Series or Class, as a Series or Class, ratably according to the number of Shares of that Series or Class held by the several Shareholders on the date of termination.
Appears in 2 contracts
Samples: Agreement and Declaration of Trust (GMO Series Trust), Gmo Series Trust (GMO Series Trust)
Termination of Trust or Series or Class. Unless terminated as provided herein, the Trust shall continue without limitation of time. The Trust may be terminated at any time by vote of at least 66-66 2/3% of the Shares of each Series entitled to vote and voting separately by Series or by the Trustees by written notice to the Shareholders. Any Series may be terminated at any time by vote of at least 66-66 2/3% of the Shares of that Series or by the Trustees by written notice to the Shareholders of that Series. Any Class may be separately terminated at any time by vote of at least a majority of the Shares of that Class present and voting on the question (a quorum being present) or by the Trustees by written notice to the Shareholders of that Class. Upon termination of the Trust (or any Series or Class, as the case may be), after paying or otherwise providing for all charges, taxes, expenses and liabilities belonging, severally, to each Series or allocable to each Class (or the applicable Series or ClassesClass, as the case may be), whether due or accrued or anticipated as may be determined by the Trustees, the Trust shall in accordance with such procedures as the Trustees consider appropriate reduce the remaining assets belonging, severally, to each Series or allocable to each Class (or the applicable Series or ClassesClass, as the case may be), to distributable form in cash or shares or other securities, or any combination thereof, and distribute the proceeds belonging to each Series or allocable to each Class (or the applicable Series or ClassesClass, as the case may be), to the Shareholders of that Series or Class, as a Series or Class, ratably according to the number of Shares of that Series or Class held by the several Shareholders on the date of termination.
Appears in 1 contract
Samples: Barr Rosenberg Variable Trust
Termination of Trust or Series or Class. Unless terminated as provided herein, the Trust shall continue without limitation of time. The Trust may be terminated at any time by vote of at least 66-2/32/3 % of the Shares of each Series entitled to vote and voting separately by Series or by the Trustees by written notice to the Shareholders. Any Series may be terminated at any time by vote of at least 66-2/32/3 % of the Shares of that Series or by the Trustees by written notice to the Shareholders of that Series. Any Class may be separately terminated at any time by vote of at least a majority of the Shares of that Class present and voting on the question (a quorum being present) or by the Trustees by written notice to the Shareholders of that Class. Upon termination of the Trust (or any Series or Class, as the case may be), after paying or otherwise providing for all charges, taxes, expenses and liabilities belonging, severally, to each Series or allocable to each Class (or the applicable Series or Classes, as the case may be), whether due or accrued or anticipated as may be determined by the Trustees, the Trust shall in accordance with such procedures as the Trustees consider appropriate reduce the remaining assets belonging, severally, to each Series or allocable to each Class (or the applicable Series or Classes, as the case may be), to distributable form in cash or shares or other securities, or any combination thereof, and distribute the proceeds belonging to each Series or allocable to each Class (or the applicable Series or Classes, as the case may be), to the Shareholders of that Series or Class, as a Series or Class, ratably according to the number of Shares of that Series or Class held by the several Shareholders on the date of termination.that
Appears in 1 contract
Samples: Gmo Trust
Termination of Trust or Series or Class. Unless terminated as provided herein, the Trust shall continue without limitation of time. The Trust may be terminated at any time by vote of at least 66-2/3% of the Shares of each Series entitled to vote and voting separately by Series or by the Trustees by written notice to the Shareholders. Any Series may be terminated at any time by vote of at least 66-2/3% of the Shares of that Series or by the Trustees by written notice to the Shareholders of that Series. Any Class may be separately terminated at any time by vote of at least a majority of the Shares of that Class present and voting on the question (a quorum being present) or by the Trustees by written notice to the Shareholders of that Class. Upon termination of the Trust (or any Series or Class, as the case may be), after paying or otherwise providing for all charges, taxes, expenses and liabilities belonging, severally, to each Series or allocable to each Class (or the applicable Series or Classes, as the case may be), whether due or accrued or anticipated as may be determined by the Trustees, the Trust shall in accordance with such procedures as the Trustees consider appropriate reduce the remaining assets belonging, severally, to each Series or allocable to each Class (or the applicable Series or Classes, as the case may be), to distributable form in cash or shares or other securities, or any combination thereof, and distribute the proceeds belonging to each Series or allocable to each Class (or the applicable Series or Classes, as the case may be), to the Shareholders of that Series or Class, as a Series or Class, ratably according to the number of Shares of that Series or Class held by the several Shareholders on the date of termination.that
Appears in 1 contract
Termination of Trust or Series or Class. Unless terminated as provided herein, the Trust shall continue without limitation of time. The Trust may be terminated at any time by the affirmative vote of at least 66-2/3% a "majority of the Shares outstanding voting securities" of each Series entitled to vote and (as the quoted phrase is defined in the 1940 Act), voting separately by Series Series, or by the Trustees by written notice to the Shareholdersshareholders. Any Series or Class may be terminated at any time by vote of at least 66-2/3% the affirmative vote of "majority of the Shares outstanding voting securities" of that Series (as the quoted phrase is defined in the 1000 Xxx) or Class or by the Trustees by written notice to the Shareholders of that Series. Any Class may be separately terminated at any time by vote of at least a majority of the Shares of that Class present and voting on the question (a quorum being present) Series or by the Trustees by written notice to the Shareholders of that Class. Upon termination of the Trust (or any Series or Class, as the case may be), after paying or otherwise providing for all charges, taxes, expenses and liabilities belonging, severally, to each Series or allocable to each Class (or the applicable Series or Classesattributable to the particular Class, as the case may be), whether due or accrued or anticipated as may be determined by the Trustees, the Trust shall shall, in accordance with such procedures as the Trustees consider appropriate appropriate, reduce the remaining assets belonging, severally, to each Series or allocable to each Class (or the applicable Series or Classesattributable to the particular Class, as the case may be), to distributable form in cash or shares Shares or other securities, or any combination thereof, thereof and distribute the proceeds belonging to each Series or allocable to each Class (or the applicable Series or Classesattributable to the particular Class, as the case may be), to the Shareholders of that Series (or ClassClass as the case may be), as a Series (or ClassClass as the case may be), ratably according to the number of Shares of that Series (or Class as the case may be) held by the several Shareholders on the date of termination.
Appears in 1 contract
Samples: Agreement and Declaration (Professionally Managed Portfolios)