Common use of Equality Clause in Contracts

Equality. All Shares of each particular Series shall represent an equal proportionate interest in the assets belonging to that Series (subject to the liabilities belonging to that Series), and each Share of any particular Series shall be equal to each other Share of that Series; but the provisions of this sentence shall not restrict any distinctions permissible under this Section 4.2 that may exist with respect to a Class of the same Series. The Trustees may from time to time divide or combine the Shares of any particular Series or Class into a greater or lesser number of Shares of that Series or Class without thereby changing the proportionate beneficial interest in the assets belonging to that Series or Class or in any way affecting the rights of Shares of any other Series or Class.

Appears in 65 contracts

Sources: Agreement and Declaration of Trust (Diamond Hill Funds), Amendment to Agreement and Declaration of Trust (Archer Investment Series Trust), Amendment to Agreement and Declaration of Trust (Archer Investment Series Trust)

Equality. All Shares of each particular Series shall represent an equal proportionate interest in the assets belonging to that Series (subject to the liabilities belonging to of that Series), and each Share of any particular Series shall be equal to each other Share of that Seriesthereof; but the provisions of this sentence shall not restrict any distinctions between the several Classes of a Series permissible under this Section 4.2 6.1 or under Section 7. 1 hereof nor any distinctions permissible under subsection (g) of this Section 6.1 that may exist with respect to a Class dividends and distributions on Shares of the same Series. The Trustees may from time to time divide or combine the Shares of any class of particular Series or Class into a greater or lesser number of Shares of that class of a Series or Class without thereby changing the proportionate beneficial interest in the assets belonging to that Series or Class or in any way affecting the rights of the holders of Shares of any other Series or ClassSeries.

Appears in 60 contracts

Sources: Agreement and Declaration of Trust (Cushing ETF Trust), Agreement and Declaration of Trust (Cushing Mutual Funds Trust), Agreement and Declaration of Trust (Cushing Funds Trust)

Equality. All Shares of each particular Series shall represent an equal proportionate interest in the assets belonging to that Series (subject to the liabilities belonging to of that Series), and each Share of any particular Series shall be equal to each other Share of that Seriesthereof; but the provisions of this sentence shall not restrict any distinctions between the several Classes of a Series permissible under this Section 4.2 6.1 or under Section 7.1 hereof nor any distinctions permissible under subsection (g) of this Section 6.1 that may exist with respect to a Class dividends and distributions on Shares of the same Series. The Trustees may from time to time divide or combine the Shares of any class of particular Series or Class into a greater or lesser number of Shares of that class of a Series or Class without thereby changing the proportionate beneficial interest in the assets belonging to that Series or Class or in any way affecting the rights of the holders of Shares of any other Series or ClassSeries.

Appears in 17 contracts

Sources: Agreement and Declaration of Trust (AAM/Wilshire Infrastructure Fund), Trust Agreement (Source Capital /De/), Agreement and Declaration of Trust (Investment Managers Series Trust II)

Equality. All Shares of each particular Series shall represent an equal proportionate interest in the assets belonging to that Series (subject to the liabilities belonging to that Series), and each Share of any particular Series shall be equal to each other Share of that Series; but the provisions of this sentence shall not restrict any distinctions among Classes permissible under this Section 4.2 that may exist with respect to a Class Shares of the same Series. The Trustees may from time to time divide or combine the Shares of any particular Series or Class into a greater or lesser number of Shares of that Series or Class without thereby changing the proportionate beneficial interest in the assets belonging to that Series or Class or in any way affecting the rights of Shares of any other Series or ClassSeries.

Appears in 14 contracts

Sources: Agreement and Declaration of Trust (Truth Social Funds), Agreement and Declaration of Trust (Ultimus Managers Trust), Agreement and Declaration of Trust (Eubel Brady & Suttman Mutual Fund Trust)

Equality. All Shares of each particular Series shall represent an equal proportionate interest in the assets belonging to that Series (subject to the liabilities belonging to of that Series), and each Share of any particular Series shall be equal to each other Share of that Seriesthereof; but the provisions of this sentence shall not restrict any distinctions between the several Classes of a Series permissible under this Section 4.2 6.1 or under Section 7.1 hereof nor any distinctions permissible under subsection (i) of this Section 6.1 that may exist with respect to a Class dividends and distributions on Shares of the same Series. The Trustees may from time to time divide or combine the Shares of any class of particular Series or Class into a greater or lesser number of Shares of that class of a Series or Class without thereby changing the proportionate beneficial interest in the assets belonging to that Series or Class or in any way affecting the rights of the holders of Shares of any other Series or ClassSeries.

Appears in 5 contracts

Sources: Agreement and Declaration of Trust (Investment Managers Series Trust), Trust Agreement (361 Social Infrastructure Fund), Trust Agreement (Leader Funds Trust)

Equality. All Shares Each Share of each particular a Series shall represent an equal proportionate interest in the assets belonging to that Series (subject to the liabilities belonging to such Class of that Series), and each Share of any particular Series shall be equal to each other Share of that Series; but the provisions of this sentence shall not restrict any distinctions permissible under this Section 4.2 Article III that may exist with respect to a Class Shares of the same different Classes of a Series. The Trustees may from time to time divide or combine the Shares of any particular Class or Series or Class into a greater or lesser number of Shares of that Class or Series or Class without thereby changing the proportionate beneficial interest in the assets belonging to that the Class or Series or Class or in any way affecting the rights of Shares of any other Series Class or ClassSeries.

Appears in 3 contracts

Sources: Agreement and Declaration of Trust (Oppenheimer Limited Term Government Fund), Agreement and Declaration of Trust (Oppenheimer Limited Term Government Fund), Agreement and Declaration of Trust (Oppenheimer Limited Term Government Fund)

Equality. All Shares of each particular all Series shall represent an equal proportionate interest in the assets belonging to that Series (subject to the liabilities belonging to such Class of that Series), and each Share of any particular Series shall be equal to each other Share of that Series; but the provisions of this sentence shall not restrict any distinctions permissible under subsection (c) of this Section 4.2 4.3 that may exist with respect to a Class dividends and distributions on Shares of the same different Classes of a Series. The Trustees may from time to time without shareholder approval divide or combine the Shares of any particular that Class or Series or Class into a greater or lesser number of Shares of that Class or Series or Class without thereby changing the proportionate beneficial interest in the assets belonging to that Class or Series or Class or in any way affecting the rights of Shares of any other Series Class or ClassSeries.

Appears in 3 contracts

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

Equality. All Shares of each particular Series shall represent an equal proportionate interest in the assets belonging to that Series (subject to the liabilities belonging to that Series), and each Share of any particular Series shall be equal to each other Share of that Series; but the provisions of this sentence shall not restrict any distinctions permissible under this Section 4.2 that may exist with respect to a Class Sub-Series of the same Series. The Trustees may from time to time divide or combine the Shares of any particular Series or Class into a greater or lesser number of Shares of that Series or Class without thereby changing the proportionate beneficial interest in the assets belonging to that Series or Class or in any way affecting the rights of Shares of any other Series or ClassSeries.

Appears in 2 contracts

Sources: Agreement and Declaration of Trust (Johnson Mutual Funds Trust), Trust Agreement (Analysts Investment Trust)

Equality. All Shares of each particular Series shall represent an equal proportionate interest in the assets belonging to that Series (subject to the liabilities belonging to that Series), and each Share of any particular Series shall be equal to each other Share of that Series; but the provisions of this sentence shall not restrict any distinctions among Classes permissible under this Section SECTION 4.2 that may exist with respect to a Class Shares of the same Series. The Trustees may from time to time divide or combine the Shares of any particular Series or Class into a greater or lesser number of Shares of that Series or Class without thereby changing the proportionate beneficial interest in the assets belonging to that Series or Class or in any way affecting the rights of Shares of any other Series or ClassSeries.

Appears in 2 contracts

Sources: Trust Agreement (Surgeons Investment Funds), Agreement and Declaration of Trust (Surgeons Diversified Investment Fund)

Equality. All Shares of each particular Series shall represent an equal proportionate interest in the assets -------- belonging to that Series (subject to the liabilities belonging to that Series), and each Share of any particular Series shall be equal to each other Share of that Series; but the provisions of this sentence shall not restrict any distinctions permissible under this Section 4.2 that may exist with respect to a Class of the same Series. The Trustees may from time to time divide or combine the Shares of any particular Series or Class into a greater or lesser number of Shares of that Series or Class without thereby changing the proportionate beneficial interest in the assets belonging to that Series or Class or in any way affecting the rights of Shares of any other Series or Class.

Appears in 1 contract

Sources: Agreement and Declaration of Trust (Ameriprime Advisors Trust)

Equality. All Shares of each particular Series shall represent an equal proportionate interest in the assets belonging to that Series (subject to the liabilities belonging to that Series), and each Share of any particular Series shall be equal to each other Share of that Series; but the provisions of this sentence shall not restrict any distinctions permissible under this Section 4.2 that may exist with respect to a Class Sub-Series of the same Series. The Trustees may from time to time divide or combine the Shares of any particular Series or Class into a greater or lesser number of Shares of that Series or Class without thereby changing the proportionate beneficial interest in the assets belonging to that Series or Class or in any way affecting the rights of Shares of any other Series or ClassSeries.

Appears in 1 contract

Sources: Trust Agreement (Jhaveri Trust)

Equality. All Shares Each Share of each particular a Series shall represent an equal proportionate interest in the assets belonging to that Series (subject to the liabilities belonging to such Series or any Class of that Series), and each Share of any particular Series shall be equal to each other Share of that SeriesSeries and Shares of each Class of a Series shall be equal to each other Share of such Class; but the provisions of this sentence shall not restrict any distinctions permissible under this Section 4.2 Article III that may exist with respect to a Class Shares of the same different Classes of a Series. The Trustees may from time to time divide or combine the Shares of any particular Class or Series or Class into a greater or lesser number of Shares of that Class or Series or Class without thereby changing the proportionate beneficial interest in the assets belonging to that the Class or Series or Class or in any way affecting the rights of Shares of any other Series Class or ClassSeries.

Appears in 1 contract

Sources: Agreement and Declaration of Trust (Oppenheimer Municipal Fund)

Equality. All Shares of each particular Series shall represent an -------- equal proportionate interest in the assets belonging to that Series (subject to the liabilities belonging to that Series), and each Share of any particular Series shall be equal to each other Share of that Series; but the provisions of this sentence shall not restrict any distinctions permissible under this Section 4.2 that may exist with respect to a Class of the same Series. The Trustees may from time to time divide or combine the Shares of any particular Series or Class into a greater or lesser number of Shares of that Series or Class without thereby changing the proportionate beneficial interest in the assets belonging to that Series or Class or in any way affecting the rights of Shares of any other Series or Class.

Appears in 1 contract

Sources: Agreement and Declaration of Trust (Alpha Analytics Investment Trust)