Common use of Termination of Trust or Series Clause in Contracts

Termination of Trust or Series. (a) Unless terminated as provided herein, the Trust shall continue without limitation of time. The Trust may be terminated at any time by vote of a majority of the Shares of each Series entitled to vote, voting separately by Series, or by the Trustees by written notice to the Shareholders. Any Series of Shares or Class thereof may be terminated at any time by vote of a majority of the Shares of such Series or Class entitled to vote or by the Trustees by written notice to the Shareholders of such Series or Class. At any time following such termination the Trustees may thereafter establish a new Series or Class with the same designation.

Appears in 24 contracts

Samples: Agreement and Declaration of Trust (Virtus Solutions SMA Trust), Agreement and Declaration (Virtus Asset Trust), And Restated Agreement (Virtus Alternative Solutions Trust)

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Termination of Trust or Series. (a) Unless terminated as provided herein, the Trust shall continue without limitation of time. The Trust may be terminated at any time by vote of a majority of the Shares of each Series entitled to vote, voting separately by Series, or by the Trustees by written notice to the Shareholders. Any Series of Shares or Class thereof may be terminated at any time by vote of a majority of the Shares of such Series or Class entitled to vote or by the Trustees by written notice to the Shareholders of such Series or Class. At any time following such termination the Trustees may thereafter establish a new Series or Class with the same designation.

Appears in 16 contracts

Samples: Agreement and Declaration (E Harmon Funds), Agreement and Declaration of Trust (Prudential Tax Managed Equity Fund), Agreement and Declaration (Target Portfolio Trust)

Termination of Trust or Series. (a) Unless terminated dissolved as provided herein, the Trust shall continue without limitation of time. The Trust may be terminated dissolved at any time by vote of a majority of the Shares of each Series entitled to vote, voting separately by Series, or by the Trustees by written notice to the Shareholders. Any Series of Shares (or Class thereof thereof) may be terminated dissolved at any time by vote of a majority of the Shares of such Series or Class entitled to vote or by the Trustees by written notice to the Shareholders of such Series or Class. At any time following such termination the Trustees may thereafter establish a new Series or Class with the same designation.

Appears in 6 contracts

Samples: Agreement and Declaration (First Eagle Variable Funds), First Eagle Funds, Agreement (Clarion Investment Trust)

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Termination of Trust or Series. (a1) Unless terminated as provided herein, the Trust shall continue without limitation of time. The Trust may be terminated at any time by vote of a majority of the Shares of each Series entitled to vote, voting separately by Series, or by the Trustees without Shareholder approval followed by written notice to the Shareholders. Any Series of Shares or Class thereof may be terminated at any time by vote of a majority of the Shares of such Series or Class entitled to vote or by the Trustees without Shareholder approval followed by written notice to the Shareholders of such Series or Class. At any time following such termination the Trustees may thereafter establish a new Series or Class with the same designation.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Transparent Value Trust)

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