WRITTEN INSTRUMENT AMENDING
THE AGREEMENT AND DECLARATION OF TRUST
OF
PILGRIM AMERICA PRIME RATE TRUST
This Amendment to the Agreement and Declaration of Trust
("Declaration") of Pilgrim America Prime Rate Trust (the "Trust") is made this
23rd day of October, 1998 by the parties signatory hereto, as Trustees of the
Trust (the "Trustees").
WITNESSETH
WHEREAS, the Declaration of Trust was made on December 2, 1987, and
amended on April 12, 1996, and the Trustees now desire to amend the Declaration
to change the name of the Trust; and
WHEREAS, Article IX, Section 7 of the Declaration provides that the
Trustees may amend the Declaration without the vote or consent of Shareholders
to change the name of the Trust by an instrument signed by a majority of the
Trustees; and
WHEREAS, the Trustees have determined that the following amendment to
the Declaration shall not adversely affect the rights of the Shareholders the
Trust;
NOW, THEREFORE, the Trustees hereby declare that Article I, Section 1
be amended, effective November 16, 1998 to read as follows:
Section 1. NAME. This Trust shall be known as "Pilgrim Prime Rate
Trust," and the Trustees shall conduct the business of the Trust under
that name or any other name as they may from time to time determine.
IN WITNESS WHEREOF, the undersigned have executed this instrument this
23rd day of October, 1998.
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Xxxx X. Xxxxxxx Xxxx Xxxxxx
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Xxxx X. Xxxxx
CERTIFICATE
Pursuant to Article IX Section 5 of the Declaration, the undersigned
Trustee hereby acknowledges and certifies that this Amendment to the Declaration
of Pilgrim America Prime Rate Trust is made in accordance with the provisions of
the Declaration and shall become effective on the 16th day of November, 1998.
IN WITNESS WHEREOF, the undersigned has executed this instrument this
23rd day of October, 1998.
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Xxxxxx X. Xxxxxxxxx
CERTIFICATE
Pursuant to Article IX Section 5 of the Declaration, the undersigned
Trustee hereby acknowledges and certifies that this Amendment to the Declaration
of Pilgrim America Prime Rate Trust is made in accordance with the provisions of
the Declaration and shall become effective on the 16th day of November, 1998.
IN WITNESS WHEREOF, the undersigned has executed this instrument this
23rd day of October, 1998.
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Xxxx X. Xxxxxxx
CERTIFICATE
Pursuant to Article IX Section 5 of the Declaration, the undersigned
Trustee hereby acknowledges and certifies that this Amendment to the Declaration
of Pilgrim America Prime Rate Trust is made in accordance with the provisions of
the Declaration and shall become effective on the 16th day of November, 1998.
IN WITNESS WHEREOF, the undersigned has executed this instrument this
23rd day of October, 1998.
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Xx Xxxxxx
CERTIFICATE
Pursuant to Article IX Section 5 of the Declaration, the undersigned
Trustee hereby acknowledges and certifies that this Amendment to the Declaration
of Pilgrim America Prime Rate Trust is made in accordance with the provisions of
the Declaration and shall become effective on the 16th day of November, 1998.
IN WITNESS WHEREOF, the undersigned has executed this instrument this
23rd day of October, 1998.
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Xxxx X. Xxxxx
CERTIFICATE
Pursuant to Article IX Section 5 of the Declaration, the undersigned
Trustee hereby acknowledges and certifies that this Amendment to the Declaration
of Pilgrim America Prime Rate Trust is made in accordance with the provisions of
the Declaration and shall become effective on the 16th day of November, 1998.
IN WITNESS WHEREOF, the undersigned has executed this instrument this
23rd day of October, 1998.
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Xxxx Xxxxxx
