Common use of Establishment and Designation of Shares Clause in Contracts

Establishment and Designation of Shares. The establishment and designation of any Series (or class) of Shares shall be effective upon the adoption by a majority of the Trustees, of a resolution which sets forth such establishment and designation and the relative rights and preferences of such Series (or class). Each such resolution shall be incorporated herein by reference upon adoption. Shares of each Series (or class) established pursuant to this Section 6, unless otherwise provided in the resolution establishing such Series, shall have the following relative rights and preferences:

Appears in 116 contracts

Samples: Agreement and Declaration (Barrett Funds), Agreement and Declaration (Vanguard New Jersey Tax Free Fund), Agreement and Declaration (Vanguard Fixed Income Securities Fund Inc)

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Establishment and Designation of Shares. The establishment and designation of any Series (or class) of Shares shall be effective upon the adoption by a majority of the Trustees, of a resolution which sets forth such establishment and designation and the relative rights and preferences of such Series (or class). Each such resolution shall be incorporated herein by reference upon adoption. Shares of each Series (or class) established pursuant to this Section 6, unless otherwise provided in the resolution establishing such Series, shall have the following relative rights and preferences:.

Appears in 9 contracts

Samples: Agreement and Declaration of Trust (Ubs Funds), Agreement and Declaration of Trust (Ubs Funds), Agreement and Declaration of Trust (Ubs Funds)

Establishment and Designation of Shares. The establishment and designation of any Series (or class) of Shares shall be effective upon the adoption resolution by a majority of the then Trustees, of adopting a resolution which sets forth such establishment and designation and the relative rights and preferences of such Series (or class). Each such resolution shall be incorporated herein by reference upon adoption. Shares of each Series (or class) established pursuant to this Section 6, unless otherwise provided in the resolution establishing such Series, shall have the following relative rights and preferences:

Appears in 8 contracts

Samples: Agreement (Franklin Floating Rate Trust), Agreement and Declaration (Franklin New York Tax Free Income Fund Inc), Agreement and Declaration (Franklin High Income Trust)

Establishment and Designation of Shares. The establishment and designation of any Series (or class) of Shares shall be effective upon the adoption by a majority of the Trustees, Trustees of a resolution which sets forth such establishment and designation and the relative rights and preferences of such Series (or class). Each such resolution shall be incorporated herein by reference upon adoption. Shares of each Series (or class) established pursuant to this Section 6, unless otherwise provided in the resolution establishing such Series, shall have the following relative rights and preferences:

Appears in 5 contracts

Samples: Agreement and Declaration of Trust (Russell Exchange Traded Funds Trust), Agreement and Declaration of Trust (Russell Exchange Traded Funds Trust), Agreement and Declaration of Trust (Faithshares Trust)

Establishment and Designation of Shares. The establishment and designation of any Series (or class) of Shares shall be effective upon the adoption resolution by a majority of the then Trustees, of adopting a resolution which sets forth such establishment and designation and the relative rights and preferences of such Series (or class). Each such resolution shall be incorporated herein by reference upon adoption. Shares of each Series (or class) established pursuant to this Section 6, unless otherwise provided in the resolution establishing such Series, shall have the following relative rights and preferences:.

Appears in 3 contracts

Samples: Agreement and Declaration (Franklin Managed Trust), Agreement and Declaration (Franklin Global Trust), Agreement and Declaration of Trust (Franklin Gold Fund)

Establishment and Designation of Shares. The establishment and ---------------------------------------------------- designation of any Series (or class) of Shares shall be effective upon the adoption by a majority of the Trustees, of a resolution which sets forth such establishment and designation and the relative rights and preferences of such Series (or class). Each such resolution shall be incorporated herein by reference upon adoption. Shares of each Series (or class) established pursuant to this Section 6, unless otherwise provided in the resolution establishing such Series, shall have the following relative rights and preferences:

Appears in 2 contracts

Samples: Agreement and Declaration (Vanguard Asset Allocation Fund Inc), Vanguard Fixed Income Securities Fund Inc

Establishment and Designation of Shares. The ---------- --------------------------------------- establishment and designation of any Series (or class) of Shares shall be effective upon the adoption by a majority of the Trustees, of a resolution which sets forth such establishment and designation and the relative rights and preferences of such Series (or class). Each such resolution shall be incorporated herein by reference upon adoption. Shares of each Series (or class) established pursuant to this Section 6, unless otherwise provided in the resolution establishing such Series, shall have the following relative rights and preferences:

Appears in 2 contracts

Samples: Agreement and Declaration (Vanguard Montgomery Funds), First Mutual Funds

Establishment and Designation of Shares. The establishment and designation of any Series (or class) class of Shares shall be effective upon the adoption resolution by a majority of the then Trustees, of adopting a resolution which sets forth such establishment and designation and the relative rights and preferences of such Series (or class). Each such resolution shall be incorporated herein by reference upon adoption. Shares of each Series (or class) class established pursuant to this Section 6, unless otherwise provided in the resolution establishing such Series, shall have the following relative rights and preferences:

Appears in 1 contract

Samples: Agreement and Declaration (Delaware Group Foundation Funds)

Establishment and Designation of Shares. The establishment and ---------- --------------------------------------- designation of any Series (or class) of Shares shall be effective upon the adoption by a majority of the Trustees, of a resolution which sets forth such establishment and designation and the relative rights and preferences of such Series (or class). Each such resolution shall be incorporated herein by reference upon adoption. Shares of each Series (or class) established pursuant to this Section 6, unless otherwise provided in the resolution establishing such Series, shall have the following relative rights and preferences:

Appears in 1 contract

Samples: Brazos Mutual Funds

Establishment and Designation of Shares. The establishment and designation of any Series (or class) of Shares shall be effective upon the adoption resolution by a majority of the then Trustees, of adopting a resolution which sets forth such establishment and designation and the relative rights and preferences of such Series (or class)Series. Each such resolution shall be incorporated herein by reference upon adoption. Shares of each Series (or class) established pursuant to this Section 6, unless otherwise provided in the resolution establishing such Series, shall have the following relative rights and preferences:

Appears in 1 contract

Samples: Agreement and Declaration (Hc Capital Trust)

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Establishment and Designation of Shares. The establishment and designation of any Series (or class) class of Shares shall be effective upon the adoption resolution by a majority of the then Trustees, of adopting a resolution which sets forth such establishment and designation and the relative rights and preferences of such Series (or class). Each such resolution shall be incorporated herein by reference upon adoption. Shares of each Series (or class) class established pursuant to this Section 6, unless otherwise provided in the resolution establishing such Seriesclass, shall have the following relative rights and preferences:

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Templeton Russia Eurasia Fund)

Establishment and Designation of Shares. The establishment and designation of any Series (or class) of Shares shall be effective upon the adoption by a majority of the Trustees, of a resolution which sets forth such establishment and designation and the relative rights and preferences of such Series (or class). Each such resolution shall be incorporated herein by reference upon adoption. Shares of each Series (or class) established pursuant to this Section 6, unless otherwise provided in the resolution establishing such Series, shall have the following relative rights and preferences:: (a)

Appears in 1 contract

Samples: Olstein Funds

Establishment and Designation of Shares. The establishment and designation of any Series (or class) of Shares shall be effective upon the adoption resolution by a majority of the then Trustees, of adopting a resolution which sets forth such establishment and designation and the relative rights and preferences of such Series (or class). Each such resolution shall be incorporated herein by reference upon adoption. Shares of each Series (or class) established pursuant to this Section 6, unless otherwise provided in the resolution establishing such Series, shall have the following relative rights and preferences:

Appears in 1 contract

Samples: Agreement and Declaration (Hirtle Callaghan Trust)

Establishment and Designation of Shares. The establishment and designation of any Series (or class) of Shares shall be effective upon the adoption by a majority of the Trustees, of a resolution which sets forth such establishment and designation and the relative rights and preferences of such Series (or class). Each such resolution shall be incorporated herein by reference upon adoption. Shares of each Series (or class) established pursuant to this Section 63.06, unless otherwise provided in the resolution establishing such Series, shall have the following relative rights and preferences:

Appears in 1 contract

Samples: Agreement and Declaration (Legacy Funds Inc)

Establishment and Designation of Shares. The establishment and designation of any Series (or class) of Shares shall be effective upon the adoption by a majority of the Trustees, of a resolution which sets forth such establishment and designation and the relative rights and preferences of such Series (or class). Each such resolution shall be incorporated herein by reference upon adoption. Shares of each Series (or class) established pursuant to this Section section 6, unless otherwise provided in the resolution establishing such Series, shall have the following relative rights and preferences:

Appears in 1 contract

Samples: Brinson Funds Inc

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