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 61 contracts

Samples: Agreement and Declaration of Trust (Variable Insurance Trust), Redwood Funds Agreement and Declaration of Trust (Redwood Fund), Western Funds Trust (First Western Funds Trust)

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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 56 contracts

Samples: Funds Trust (Cushing Mutual Funds Trust), Cushing Funds Trust (Cushing Funds Trust), Funds Trust (Cushing MLP 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 15 contracts

Samples: Agreement and Declaration (VALIC Co II), Agreement and Declaration (Investment Managers Series Trust II), 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 13 contracts

Samples: Empyreal Investment Trust (Empyreal Investment Trust), Ultimus Managers 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

Samples: Agreement and Declaration of Trust (Chartwell Funds), Agreement and Declaration of Trust (Leader Funds Trust), Agreement and Declaration (Investment Managers 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 Class.Series. (o)

Appears in 4 contracts

Samples: Agreement and Declaration (Van Kampen American Capital Tax Exempt Trust), Agreement and Declaration (Van Kampen American Capital World Portfolio Series Trust), Agreement and Declaration (American Capital Growth & Income Fund Inc)

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

Samples: Agreement and Declaration (Oppenheimer Limited Term Government Fund), Agreement and Declaration (Oppenheimer Limited Term Government Fund), Agreement and Declaration (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

Samples: Agreement and Declaration of Trust (Rochester Portfolio Series), Agreement and Declaration (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 of that Series), and each Share of any Any particular Series shall be equal to each other Share of that Seriesthereof; but the provisions of this sentence shall not Not restrict any distinctions between the several Classes of a Series permissible under this Section 6.1 or under Section 7. 1 hereof nor any distinctions permissible under subsection (h) of this Section 4.2 6.1 that may exist with respect to a Class of the same Seriesdividends and distributions on Shares. 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 2 contracts

Samples: Agreement and Declaration of Trust (Forefront Income Trust), Agreement and Declaration (Forefront Income 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 (h) of this Section 6.1 that may exist with respect to a Class of the same Seriesdividends and distributions on Shares. 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 2 contracts

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

Samples: Analysts Investment Trust (Analysts Investment Trust), Johnson Mutual Funds Trust

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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

Samples: Investment Funds (Surgeons Investment Funds), Agreement and Declaration (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.. (k)

Appears in 1 contract

Samples: Ameriprime Insurance Trust Agreement (Ameriprime Insurance 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 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

Samples: Ameriprime Advisors 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 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

Samples: Agreement and Declaration (Alpha Analytics 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 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

Samples: Jhaveri Trust Agreement (Jhaveri 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 10. 1 hereof nor any distinctions permissible under Section 9.2 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 a particular Series or Class into a greater or lesser number of Shares of that Class 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 the holders of Shares of any other Series or ClassSeries.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Cook & Bynum 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 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

Samples: Agreement and Declaration (Oppenheimer Municipal Fund)

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