Elimination of Series. At any time that there are no Shares outstanding of any particular Series (or Class) previously established and designated, the Directors may by resolution of a majority of the then Directors abolish that Series (or Class) and rescind the establishment and designation thereof.
Appears in 2 contracts
Samples: Limited Liability Company Agreement (Master Commodity Strategies LLC), Vantagepoint Funds
Elimination of Series. At any time that there are no Shares outstanding of any particular Series (or Class) previously established and designated, the Directors may by resolution of a majority of the then Directors abolish that Series (or Class) and rescind the establishment and designation thereof.
Appears in 1 contract
Samples: Agreement and Declaration of Trust (Commonfund Institutional Funds)
