Common use of Power to Declare Dividends Clause in Contracts

Power to Declare Dividends. (a) The Board of Trustees, from time to time as it may deem advisable, may declare and pay dividends to the shareholders of any series of the Trust in cash or other property of that series, out of any source available to that series for dividends, according to the respective rights and interests of shareholders of that series and in accordance with the applicable provisions of the Declaration of Trust.

Appears in 12 contracts

Samples: Agreement (Stein Roe Floating Rate Income Fund), Agreement (Stein Roe Institutional Trust), Agreement (Stein Roe Institutional Floating Rate Income Fund)

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Power to Declare Dividends. (a) The Board of Trustees, from time to time as it may deem advisable, may declare and pay dividends to the shareholders shareholder of any series of the Trust in cash or other property of that series, out of any source available to that series for dividends, according to the respective rights and interests of shareholders of that series and in accordance with the applicable provisions of the Declaration of Trust.

Appears in 2 contracts

Samples: Steinroe Variable Investment Trust, Steinroe Variable Investment Trust

Power to Declare Dividends. (a) The Board of TrusteesDirectors, from time to time as it they may deem advisableadvisable to the extent permitted by applicable law, may declare and pay dividends to the shareholders of any series of the Trust in cash or other property of that seriesthe Corporation, out of any source available to that series for dividends, to the stockholders according to the their respective rights and interests of shareholders of that series and in accordance with the applicable provisions of the Declaration of Trustinterests.

Appears in 2 contracts

Samples: Kemper New Europe Fund Inc, Scudder New Europe Fund Inc

Power to Declare Dividends. (a) The Board of TrusteesManagers, from time to time as it may deem advisable, may declare and pay dividends to the shareholders of any series of the Trust Company in cash or other property of that series, out of any source available to that series for dividends, according to the respective rights and interests of shareholders of that series and in accordance with the applicable provisions of the Declaration of TrustOperating Agreement.

Appears in 1 contract

Samples: Stein Roe Floating Rate Limited Liability Co

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Power to Declare Dividends. (a) The Board of Trustees, from time to time as it may deem advisable, may declare and pay dividends to the shareholders shareholder of any series of the Trust in cash or other property of that series, out of any source available to that series for dividends, according to the respective rights and interests interest of shareholders of that series and in accordance with the applicable provisions of the Declaration of Trust.

Appears in 1 contract

Samples: Agreement (Liberty Variable Investment Trust)

Power to Declare Dividends. (a) The Board of TrusteesDirectors, from time to time as it they may deem advisableadvisable to the extent permitted by applicable law, may declare and pay dividends to the shareholders of any series of the Trust in cash or other property of that seriesthe Corporation, out of any source available to that series for dividends, to the stockholders according to the their respective rights and interests of shareholders of that series and in accordance with the applicable provisions of the Declaration of Trust.interests. [MGCL Sec. 2-309]

Appears in 1 contract

Samples: Scudder New Europe Fund Inc

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