Common Shares. (i) Subject to the rights of the holders of the Preferred Shares, if any, in the event of the termination of the Trust, the holders of the Common Shares shall be entitled to receive pro rata the net distributable assets of the Trust.
Appears in 12 contracts
Samples: Agreement and Declaration (City National Rochdale Strategic Credit Fund), Agreement and Declaration (City National Rochdale Select Strategies Fund), Agreement and Declaration (City National Rochdale Reinsurance Premium Fund)
Common Shares. (i) Subject to the rights of the holders of the Preferred Shares, if any, in the event of the termination of the Trust, Trust the holders of the Common Shares shall be entitled to receive pro rata the net distributable assets of the Trust. Subject to the rights of the holders of the Preferred Shares, distributions, when, as and if declared by the Trustees, shall be shared equally by the holders of Common Shares on a share for share basis.
Appears in 7 contracts
Samples: Agreement and Declaration of Trust (Delaware Wilshire Private Markets Fund), Agreement and Declaration of Trust (Delaware Wilshire Private Markets Tender Fund), Agreement and Declaration (Delaware Wilshire Private Markets Fund)
