Common use of Establishment and Designation of Series Clause in Contracts

Establishment and Designation of Series. The establishment and designation of any Series (or Class) of Shares shall be effective upon the adoption by a majority of the then Trustees of a resolution that sets forth such establishment and designation and the relative rights and preferences of such Series (or Class), whether directly in such resolution or by reference to another document including, without limitation, any registration statement of the Trust, or as otherwise provided in such resolution. Shares of each Series (or Class) established pursuant to this Article III, unless otherwise provided in the resolution establishing such Series, shall have the following relative rights and preferences:

Appears in 11 contracts

Samples: Agreement and Declaration (Target Funds), Agreement (Prudential 20/20 Fund), Agreement (Prudential Mid Cap Value Fund)

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Establishment and Designation of Series. The establishment and designation of any Series (or Classclass) of Shares shall be effective upon the adoption resolution by a majority of the then Trustees of Trustees, adopting a resolution that which sets forth such establishment and designation and the relative rights and preferences of such Series (or Classclass), whether directly in . Each such resolution or shall be incorporated herein by reference to another document including, without limitation, any registration statement of the Trust, or as otherwise provided in such resolutionupon adoption. Shares of each Series (or Classclass) established pursuant to this Article IIISection 6, unless otherwise provided in the resolution establishing such Series, shall have the following relative rights and preferences:

Appears in 7 contracts

Samples: Agreement and Declaration of Trust (Brandes Investment Trust), Agreement and Declaration (Franklin International Trust), Agreement and Declaration (Advisors Series Trust)

Establishment and Designation of Series. The establishment and designation of any Series (or Class) of Shares shall be effective upon the adoption by a majority of the then Trustees of a resolution that sets forth such establishment and designation and the relative rights and preferences of such Series (or Class), whether directly in such resolution or by reference to another document including, without limitation, any registration statement of the Trust, or as otherwise provided in such resolution. Shares of each Series (or Class) established pursuant to this Article III, unless otherwise provided in the resolution establishing such Series, shall have the following relative rights and preferences:

Appears in 4 contracts

Samples: Agreement and Declaration (Target Portfolio Trust), Agreement and Declaration (Target Portfolio Trust), Agreement and Declaration of Trust (Prudential Institutional Fund)

Establishment and Designation of Series. The establishment and designation of any Series (or Class) of Shares within a Class shall be effective upon the adoption resolution by a majority of the then Trustees of Trustees, adopting a resolution that which sets forth such establishment and designation and the relative rights and preferences of such Series (or Class), whether directly in Series. Each such resolution or shall be incorporated herein by reference to another document including, without limitation, any registration statement of the Trust, or as otherwise provided in such resolutionupon adoption. Shares of each Series (or Class) of Common Stock established pursuant to this Article IIISection 3.6, unless otherwise provided in the resolution establishing such Series, shall have the following relative rights and preferences:

Appears in 1 contract

Samples: Agreement and Declaration (Ing Pilgrim Senior Income Fund)

Establishment and Designation of Series. The establishment and designation of any Series (or Class) of Shares shall be effective upon the adoption resolution by a majority of the then Trustees of a resolution that sets Trustees, setting forth such establishment and designation and the relative rights and preferences of such Series (or Class), whether directly in such resolution or by reference to another document including, without limitation, any registration statement of the TrustSeries, or as otherwise provided in such resolution. Shares of each Series (or Class) established pursuant to this Article IIISection 6, unless otherwise provided in the resolution establishing such Series, shall have the following relative rights and preferences:

Appears in 1 contract

Samples: Agreement and Declaration (Benham Manager Funds)

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Establishment and Designation of Series. The establishment and designation of any Series (or Classclass) of Shares shall be effective upon the adoption resolution by a majority of the then Trustees of Trustees, adopting a resolution that sets forth such establishment and designation and the relative rights and San Francisco\16900 preferences of such Series (or Classclass), whether directly in . Each such resolution or shall be incorporated herein by reference to another document including, without limitation, any registration statement of the Trust, or as otherwise provided in such resolutionupon adoption. Shares of each Series (or Classclass) established pursuant to this Article IIISection 6, unless otherwise provided in the resolution establishing such Series, shall have the following relative rights and preferences:

Appears in 1 contract

Samples: Agreement and Declaration (U S Global Leaders Variable Insurance Trust)

Establishment and Designation of Series. The establishment --------- --------------------------------------- and designation of any Series (or Classclass) of Shares shall be effective upon the adoption resolution by a majority of the then Trustees of Trustees, adopting a resolution that which sets forth such establishment and designation and the relative rights and preferences of such Series (or Classclass), whether directly in . Each such resolution or shall be incorporated herein by reference to another document including, without limitation, any registration statement of the Trust, or as otherwise provided in such resolutionupon adoption. Shares of each Series (or Classclass) established pursuant to this Article IIISection 6, unless otherwise provided in the resolution establishing such Series, shall have the following relative rights and preferences:

Appears in 1 contract

Samples: Agreement and Declaration (Brandes International Fund)

Establishment and Designation of Series. The establishment and designation of any Series (or Classclass) of Shares shall be effective upon the adoption resolution by a majority of the then Trustees of Trustees, adopting a resolution that sets which set forth such establishment and designation and the relative rights and preferences of such Series (or Classclass), whether directly in . Each such resolution or shall be incorporated herein by reference to another document including, without limitation, any registration statement of the Trust, or as otherwise provided in such resolutionupon adoption. Shares of each Series (or Classclass) established pursuant to this Article IIISection 6, unless otherwise provided in the resolution establishing such Series, shall have the following relative rights and preferences:

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Managed Portfolio Series)

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