Common use of Conversion Rights Clause in Contracts

Conversion Rights. (i) Subject to compliance with the requirements of the 1940 Act, the Trustees shall have the authority to provide that holders of Shares of any Series shall have the right to convert said Shares into Shares of one or more other Series, that holders of any Class of the Trust or a Series of Shares shall have the right to convert said Shares of such Class into Shares of one or more other Classes of the Trust or such Series, and that Shares of any Class of the Trust or a Series shall be automatically converted into Shares of another Class of the Trust or such Series, in each case in accordance with such requirements and procedures as the Trustees may establish.

Appears in 40 contracts

Samples: Agreement and Declaration (VALIC Co II), Agreement and Declaration (American General Series Portfolio Co 3), Agreement and Declaration (American Capital Emerging Growth Fund Inc)

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Conversion Rights. (i) Subject to compliance with the requirements of the 1940 Act, the Trustees shall have the authority to provide that holders of Shares of any Series shall have the right to convert said Shares into Shares of one or more other Series, that holders of any Class of the Trust or a Series of Shares shall have the right to convert said Shares of such Class into Shares of one or more other Classes of the Trust or such Series, and that Shares of any Class of the Trust or a Series shall be automatically converted into Shares of another Class of the Trust or such Series, in each case in accordance with such requirements and procedures as the Trustees may establish.

Appears in 33 contracts

Samples: Agreement and Declaration of Trust (Leader Funds Trust), Cushing Funds Trust (Cushing Funds Trust), Funds Trust (Cushing MLP Funds Trust)

Conversion Rights. (i) Subject to compliance with the requirements of the 1940 Act, the Trustees shall have the authority to provide that (i) whether holders of Shares of any Series shall have the right to convert exchange said Shares into Shares of one or more other SeriesSeries of Shares, that (ii) whether holders of shares of any Class of the Trust or a Series of Shares shall have the right to convert exchange said Shares of such Class into Shares of one or more other Classes of the Trust same or such a different Series, and and/or (iii) that Shares of any Class of the Trust or a Series shall be automatically converted into Shares of another Class of have the Trust or such Seriesright to carry out the aforesaid exchanges, in each case in accordance with such requirements and procedures as may be established by the Trustees may establishTrustees.

Appears in 3 contracts

Samples: Agreement and Declaration (Oppenheimer Strategic Funds Trust), Agreement and Declaration (Oppenheimer Strategic Funds Trust), Agreement and Declaration (Oppenheimer Strategic Funds Trust)

Conversion Rights. (i) Subject to compliance with the requirements of the 1940 Act, the Trustees shall have the authority to provide that (i) holders of Shares of any Series shall have the right to convert exchange said Shares into Shares of one or more other SeriesSeries of Shares, that (ii) holders of shares of any Class of the Trust or a Series of Shares shall have the right to convert exchange said Shares of such Class into Shares of one or more other Classes of the Trust same or such a different Series, and that Shares of any Class of and/or (iii) the Trust or a Series shall be automatically converted into Shares of another Class of have the Trust or such Seriesright to carry out the aforesaid exchanges, in each case in accordance with such requirements and procedures as may be established by the Trustees may establishTrustees.

Appears in 3 contracts

Samples: Agreement and Declaration of Trust (Rochester Fund Series), Agreement and Declaration (Rochester Fund Municipals), Agreement and Declaration of Trust (Rochester Portfolio Series)

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Conversion Rights. (i) Subject to compliance with the requirements of the 1940 Act, the Trustees shall have the authority to provide that holders of Shares of any Series shall have the right to convert said Shares into Shares of one or more other Series, that holders of any Class of the Trust or a Series of Shares shall have the right to convert said Shares of such Class into Shares of one or more other Classes of the Trust or such Series, and that Shares of any Class of the Trust or a Series shall be automatically converted into Shares of another Class of the Trust or such Series, in each case in accordance with such requirements and procedures as the Trustees may establish.

Appears in 2 contracts

Samples: Agreement and Declaration (Van Kampen Municipal Opportunity High Income Fund), Agreement and Declaration of Trust (Van Kampen Dynamic Credit Opportunities Fund)

Conversion Rights. (i) Subject to compliance with the requirements of the 1940 ofthe1940 Act, the Trustees shall have the authority to provide that holders of Shares of any Series shall have the right to convert said Shares into Shares of one or more other Series, that holders of any Class of the Trust or a Series of Shares shall have the right to convert said Shares of such Class into Shares of one or more other Classes of the Trust or such Series, and that Shares of any Class of the Trust or a Series shall be automatically converted into Shares of another Class of the Trust or such Series, in each case in accordance with such requirements and procedures as the Trustees may establish.

Appears in 2 contracts

Samples: Agreement and Declaration of Trust (Forefront Income Trust), Agreement and Declaration (Forefront Income Trust)

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