Common use of Combination of Series Clause in Contracts

Combination of Series. The Directors shall have the authority, without the approval of the Shareholders of any Series (or Class) unless otherwise required by applicable law, to combine the assets and liabilities belonging to any two or more Series (or Classes) into assets and liabilities belonging to a single Series (or Class).

Appears in 7 contracts

Samples: Limited Liability Company Agreement (Fidelity Central Investment Portfolios II LLC), Limited Liability Company Agreement (Fidelity Central Investment Portfolios II LLC), Limited Liability Company Agreement (Fidelity Central Investment Portfolios LLC)

AutoNDA by SimpleDocs

Combination of Series. The Directors shall have the authority, without the approval of the Shareholders of any Series (or Class) unless otherwise required by applicable lawthe 1940 Act, to combine the assets and liabilities belonging held with respect to any two or more Series (or Classes) into assets and liabilities belonging held with respect to a single Series (or Class)Series.

Appears in 3 contracts

Samples: Limited Liability Company Agreement (Master Bond LLC), Limited Liability Company Agreement (Master Commodity Strategies LLC), Limited Liability Company Agreement (Master Bond LLC)

Combination of Series. The Directors shall have the authority, without the approval of the Shareholders of any Series (or Class) unless otherwise required by applicable law, to divide or combine the assets and liabilities belonging to any two one or more Series (or Classes) into assets and liabilities belonging to a single greater or lesser number of Series (or ClassClasses).

Appears in 1 contract

Samples: Limited Liability Company Agreement (Fidelity Master Portfolios LLC)

Combination of Series. The Directors shall have the authority, without the approval of the Shareholders of any Series (or Class) unless otherwise required by applicable law, to combine the assets and liabilities belonging held with respect to any two or more Series (or Classes) into assets and liabilities belonging held with respect to a single Series (or Class)Series.

Appears in 1 contract

Samples: Vantagepoint Funds

AutoNDA by SimpleDocs

Combination of Series. The Directors shall have the authority, without the approval of the Shareholders of any Series (or Class) Series, unless otherwise required by applicable law, to combine the assets and liabilities belonging held with respect to any two or more Series (or Classes) into assets and liabilities belonging held with respect to a single Series (or Class)Series.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Commonfund Institutional Funds)

Time is Money Join Law Insider Premium to draft better contracts faster.