Common use of Fraction Clause in Contracts

Fraction. Any fractional Share of a Series or Class shall carry proportionately all the rights and obligations of a whole Share of that Series or Class, including rights with respect to voting, receipt of dividends and distributions, redemption of Shares and termination of the Trust or of any Series or Class.

Appears in 2 contracts

Sources: Declaration of Trust (Fifth Third Funds), Declaration of Trust (Fifth Third Funds)