Common use of Termination of Trust, Series or Class Clause in Contracts

Termination of Trust, Series or Class. (a) Unless terminated as provided herein, the Trust, and any Series or Class thereof, shall continue without limitation of time. The Trust, or any Series or Class thereof, may be dissolved at any time and for any reason by the Sponsor with written notice to the Shareholders.

Appears in 10 contracts

Samples: Trust Agreement, Trust Agreement (Vs Trust), Trust Agreement (Dynamic Shares Trust)

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Termination of Trust, Series or Class. (a) Unless terminated as provided herein, the Trust, and any Series or Class thereof, Trust shall continue without limitation of time. The Trust, or any Series or Class thereof, Trust may be dissolved terminated at any time and for any reason by vote of a majority of the Shares of each Series entitled to vote, voting separately by Series, or by the Sponsor with Trustees by written notice to the Shareholders. Any Series or Class may be terminated at any time by vote of a majority of the Shares of that Series or Class entitled to vote, or by the Trustees by written notice to the Shareholders of that Series or Class.

Appears in 3 contracts

Samples: PARADIGM Funds Trust, Agreement and Declaration (Westlakes Institutional Portfolios), Agreement and Declaration of Trust (Acp Funds Trust)

Termination of Trust, Series or Class. (a) Unless terminated as provided herein, the Trust, and any Series or Class thereof, Trust shall continue without limitation of time. The Trust, Trust or any Series or Class thereof, of the Trust may be dissolved and any Class of the Trust may be terminated at any time and for any reason by the Sponsor with written notice Trustees. Any action to dissolve the ShareholdersTrust shall be deemed to also be an action to dissolve each Series, and to terminate each Class.

Appears in 1 contract

Samples: Agreement and Declaration (City National Rochdale Funds)

Termination of Trust, Series or Class. (a) Unless terminated as provided herein, the Trust, and any Series or Class thereof, shall continue without limitation of time. The Trust, or any Series or Class thereof, may be dissolved at any time and for any reason, or no reason at all, by the Sponsor. The Sponsor with written shall set a date on which the Trust, or any Series or Class thereof, shall dissolve and mail notice of that dissolution to the Shareholders. The Shareholders shall have no rights to terminate or revoke the Trust, any Series or any Class.

Appears in 1 contract

Samples: Trust Agreement (ETFS Collateralized Commodities Trust)

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Termination of Trust, Series or Class. (a) Unless terminated as provided herein, the Trust, and any Series or Class thereof, shall continue without limitation of time. The Trust, or any Series or Class thereof, may be dissolved at any time and for any reason by the Sponsor Managing Owner with written notice to the Shareholders.

Appears in 1 contract

Samples: Trust Agreement (Market Vectors Commodity Trust)

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