Common use of Number of Trustees Clause in Contracts

Number of Trustees. The number of Trustees shall be such number as shall be fixed from time to time by a written instrument signed by a majority of the Trustees, provided, however, that the number of Trustees shall in no event be less than two (2) nor more than fifteen (15). No reduction in the number of Trustees shall have the effect of removing any Trustee from office prior to the expiration of his term unless the Trustee is specifically removed pursuant to Section 2.3 or Section 2.7 of this Article II at the time of decrease.

Appears in 44 contracts

Samples: Agreement and Declaration (John Hancock Tax-Advantaged Global Shareholder Yield Fund), Agreement and Declaration of Trust (John Hancock Tax-Advantaged Global Shareholder Yield Fund), Agreement and Declaration of Trust (John Hancock Strategic Diversified Income Fund)

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Number of Trustees. The number of Trustees shall be such number as shall be fixed from time to time by a written instrument signed by a majority of the Trustees, provided, however, that the number of Trustees shall in no event be less than two (2) nor more than fifteen (15). No reduction in the number of Trustees shall have the effect of removing any Trustee from office prior to the expiration of his term unless the Trustee is specifically removed pursuant to Section 2.3 or Section 2.7 2.2 of this Article II at the time of decrease.

Appears in 25 contracts

Samples: Eaton Vance New Jersey Municipal Income Trust (Eaton Vance New Jersey Municipal Income Trust), Eaton Vance (Eaton Vance Ohio Municipal Income Trust), Eaton Vance (Eaton Vance Insured Municipal Bond Fund I)

Number of Trustees. The number of Trustees shall be set initially at one (1), and thereafter shall be such number as shall be fixed from time to time by a written instrument signed by a majority of the Trustees, provided, however, that the number of Trustees shall in no event be less than two (2) nor more than fifteen (15)) or less than three (3) and shall comply with the requirements of the 1940 Act and other applicable laws. No reduction in of the number of Trustees shall have the effect of removing any a Trustee from office prior to the expiration of his term unless the Trustee is specifically removed pursuant to Section 2.3 or Section 2.7 of this Article II at the time of decreaseterm.

Appears in 2 contracts

Samples: Advisorshares Trust (AdvisorShares Trust), Agreement and Declaration (Us Global Investors Funds)

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Number of Trustees. The number of Trustees shall be such number as shall be fixed from time to time by a written instrument signed by a majority of the Trustees, provided, however, that following the effective date of the Registration Statement, the number of Trustees shall in no event shall be less than two three (23) nor more than fifteen twelve (1512). No reduction in the number of Trustees shall have the effect of removing any Trustee from office prior to the expiration of his term unless the Trustee is specifically removed pursuant to Section 2.3 or Section 2.7 of this Article II at the time of decrease.

Appears in 1 contract

Samples: Highland Capital Fixed Income Fund

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