Common use of Committees of Trustees Clause in Contracts

Committees of Trustees. The Board may, by resolution adopted by a majority of the authorized number of Trustees, designate one or more committees as set forth in the Declaration of Trust, to serve at the pleasure of the Board. The Board may designate one or more Trustees or other persons as alternate members of any committee who may replace any absent member at any meeting of the committee. Any committee, to the extent provided in the resolution of the Board, shall have the authority of the Board, except with respect to:

Appears in 2 contracts

Samples: National Retail Fund (National Retail Fund III), National Retail Fund II

AutoNDA by SimpleDocs

Committees of Trustees. The Board may, of Trustees may by resolution adopted by a majority of the authorized number of Trustees, Trustees designate one or more committees as set forth in the Declaration committees, each consisting of Trusttwo (2) or more Trustees, to serve at the pleasure of the Board. The Board may designate one or more Trustees or other persons as alternate members of any committee who may replace any absent member at any meeting of the committee. Any committee, committee to the extent provided in the resolution of the Board, shall have the authority of the Board, except with respect to:

Appears in 2 contracts

Samples: Two Roads Shared Trust, Two Roads Shared Trust

Committees of Trustees. The Board may, of Trustees may by resolution adopted by a majority of the authorized number of Trustees, Trustees designate one or more committees as set forth in the Declaration committees, each consisting of Trustone (1) or more Trustees, to serve at the pleasure of the Board. The Board may designate one or more Trustees or other persons as alternate members of any committee who may replace any absent member at any meeting of the committee. Any committee, committee to the extent provided in the resolution of the Board, shall have the authority of the Board, except with respect to:

Appears in 1 contract

Samples: Montgomery Funds Iii

AutoNDA by SimpleDocs

Committees of Trustees. The Board of Trustees may, by resolution adopted by a majority of the authorized number of Trusteesresolution, designate one or more committees as set forth in the Declaration committees, each consisting of Trusttwo (2) or more Trustees, to serve at the pleasure of the Board. The Board may designate one or more Trustees or other persons as alternate members of any committee who may replace any absent member at any meeting of the committee. Any committee, committee to the extent provided in the resolution of the Board, shall have the authority of the Board, except with respect to:

Appears in 1 contract

Samples: Lsa Variable Series Trust

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