Common use of Powers of Trustees Clause in Contracts

Powers of Trustees. Section 6.1 General Powers 10 Section 6.2 Certain Specific Powers 11 Section 6.3 Issuance and Repurchase of Shares 13 Section 6.4 Delegation; Committees 13 Section 6.5 Collection and Payment 13 Section 6.6 Expenses 13 Section 6.7 Manner of Acting 13 Section 6.8 Bylaws 14 Section 6.9 Principal Transactions 14 Section 6.10 Effect of Trustees’ Determination 14

Powers of Trustees. Section 6.1 General Powers 10 11 Section 6.2 Certain Specific Powers 11 12 Section 6.3 Issuance and Repurchase of Shares 13 Interests 15 Section 6.4 Delegation; Committees 13 15 Section 6.5 Collection and Payment 13 15 Section 6.6 Expenses 13 15 Section 6.7 Manner of Acting 13 15 Section 6.8 Bylaws 14 16 Section 6.9 Principal Transactions 14 16 Section 6.10 Effect of Trustees’ Determination 1416 ARTICLE VII – Service Providers Section 7.1 Investment Adviser and Administrators 16 Section 7.2 Placement Agent; Transfer Agent; Custodian 16 Section 7.3 Parties to Contract 17 Section 7.4 Further Authority of Trustees 17

Powers of Trustees. Section 6.1 General Powers 10 11 Section 6.2 Certain Specific Powers 11 Section 6.3 Issuance and Repurchase of Shares 13 14 Section 6.4 Delegation; Committees 13 14 Section 6.5 Collection and Payment 13 15 Section 6.6 Expenses 13 15 Section 6.7 Manner of Acting 13 15 Section 6.8 Bylaws 14 15 Section 6.9 Principal Transactions 14 15 Section 6.10 Effect of Trustees’ Determination 1415 ARTICLE VII – Service Providers Section 7.1 Investment Adviser and Administrators 16 Section 7.2 Underwriter; Transfer Agent; Shareholder Servicing Agent; Custodian 16

Powers of Trustees. Section 6.1 General Powers 10 9 Section 6.2 Certain Specific Powers 11 9 Section 6.3 Issuance and Repurchase of Shares 13 11 Section 6.4 Delegation; Committees 13 Committees. 11 Section 6.5 Collection and Payment 13 11 Section 6.6 Expenses 13 11 Section 6.7 Manner of Acting 13 11 Section 6.8 Bylaws 14 12 Section 6.9 Principal Transactions 14 12 Section 6.10 Effect of Trustees’ Determination 1412 ARTICLE VII – Service Providers Section 7.1 Investment Adviser and Administrators 12 Section 7.2 Underwriter; Transfer Agent; Shareholder Servicing Agent; Custodian 12 Section 7.3 Parties to Contract 12 Section 7.4 Further Authority of Trustees 12

Powers of Trustees. Section 6.1 General Powers 10 11 Section 6.2 Certain Specific Powers 11 12 Section 6.3 Issuance and Repurchase of Shares 13 14 Section 6.4 Delegation; Committees 13 14 Section 6.5 Collection and Payment 13 15 Section 6.6 Expenses 13 15 Section 6.7 Manner of Acting 13 15 Section 6.8 Bylaws 14 15 Section 6.9 Principal Transactions 14 15 Section 6.10 Effect of Trustees’ Determination 1416 ARTICLE VII – Service Providers Section 7.1 Investment Adviser and Administrators 16 Section 7.2 Underwriter; Transfer Agent; Shareholder Servicing Agent; Custodian 16

Powers of Trustees. Section 6.1 General Powers 10 12 Section 6.2 Certain Specific Powers 11 12 Section 6.3 Issuance and Repurchase of Shares 13 15 Section 6.4 Delegation; Committees 13 Committees. 15 Section 6.5 Collection and Payment 13 15 Section 6.6 Expenses 13 16 Section 6.7 Manner of Acting 13 16 Section 6.8 Bylaws 14 16 Section 6.9 Principal Transactions 14 Transactions. 16 Section 6.10 Effect of Trustees’ Determination 1416 ARTICLE VII – Service Providers

Powers of Trustees. Section 6.1 General Powers 10 11 Section 6.2 Certain Specific Powers 11 12 Section 6.3 Issuance and Repurchase of Shares 13 14 Section 6.4 Delegation; Committees 13 15 Section 6.5 Collection and Payment 13 15 Section 6.6 Expenses 13 15 Section 6.7 Manner of Acting 13 15 Section 6.8 Bylaws 14 15 Section 6.9 Principal Transactions 14 16 Section 6.10 Effect of Trustees’ Determination 1416 ARTICLE VII – Service Providers Section 7.1 Investment Adviser and Administrators 16 Section 7.2 Underwriter; Transfer Agent; Shareholder Servicing Agent; Custodian 16

Powers of Trustees. Section 6.1 General Powers 10 12 Section 6.2 Certain Specific Powers 11 12 Section 6.3 Issuance and Repurchase of Shares 13 15 Section 6.4 Delegation; Committees 13 15 Section 6.5 Collection and Payment 13 15 Section 6.6 Expenses 13 16 Section 6.7 Manner of Acting 13 16 Section 6.8 Bylaws 14 16 Section 6.9 Principal Transactions 14 16 Section 6.10 Effect of Trustees’ Determination 1416 ARTICLE VII – Service Providers Section 7.1 Investment Adviser and Administrators 16 Section 7.2 Underwriter; Transfer Agent; Shareholder Servicing Agent; Custodian 17 Section 7.3 Parties to Contract 17 Section 7.4 Further Authority of Trustees 17

Powers of Trustees. Section 6.1 General Powers 10 11 Section 6.2 Certain Specific Powers 11 12 Section 6.3 Issuance and Repurchase of Shares 13 15 Section 6.4 Delegation; Committees 13 15 Section 6.5 Collection and Payment 13 15 Section 6.6 Expenses 13 15 Section 6.7 Manner of Acting 13 15 Section 6.8 Bylaws 14 16 Section 6.9 Principal Transactions 14 16 Section 6.10 Effect of Trustees’ Determination 1416 ARTICLE VII – Service Providers Section 7.1 Investment Adviser and Administrators 16 Section 7.2 Underwriter; Transfer Agent; Shareholder Servicing Agent; Custodian 16

Powers of Trustees. Section 6.1 General Powers 10 11 Section 6.2 Certain Specific Powers 11 12 Section 6.3 Issuance and Repurchase of Shares 13 14 Section 6.4 Delegation; Committees 13 14 Section 6.5 Collection and Payment 13 15 Section 6.6 Expenses 13 15 Section 6.7 Manner of Acting 13 15 Section 6.8 Bylaws 14 15 Section 6.9 Principal Transactions 14 15 Section 6.10 Effect of Trustees’ Determination 1416

Powers of Trustees. Section 6.1 General Powers 10 13 Section 6.2 Certain Specific Powers 11 14 Section 6.3 Issuance and Repurchase of Shares 13 17 Section 6.4 Delegation; Committees 13 Committees. 17 Section 6.5 Collection and Payment 13 17 Section 6.6 Expenses 13 17 Section 6.7 Manner of Acting 13 18 Section 6.8 Bylaws 14 18 Section 6.9 Principal Transactions 14 Transactions. 18 Section 6.10 Effect of Trustees’ Determination 1418

Powers of Trustees. Section 6.1 General Powers 10 12 Section 6.2 Certain Specific Powers 11 13 Section 6.3 Issuance and Repurchase of Shares 13 16 Section 6.4 Delegation; Committees 13 16 Section 6.5 Collection and Payment 13 16 Section 6.6 Expenses 13 16 Section 6.7 Manner of Acting 13 16 Section 6.8 Bylaws 14 17 Section 6.9 Principal Transactions 14 17 Section 6.10 Effect of Trustees’ Determination 1417 ARTICLE VII – Service Providers Section 7.1 Investment Adviser and Administrators 17 Section 7.2 Underwriting; Transfer Agent; Shareholder Servicing Agent; Custodian 17 Section 7.3 Parties to Contract 18 Section 7.4 Further Authority of Trustees 18

Powers of Trustees. Section 6.1 General Powers 10 11 Section 6.2 Certain Specific Powers 11 12 Section 6.3 Issuance and Repurchase of Shares 13 15 Section 6.4 Delegation; Committees 13 15 Section 6.5 Collection and Payment 13 15 Section 6.6 Expenses 13 15 Section 6.7 Manner of Acting 13 15 Section 6.8 Bylaws 14 By-Laws 16 Section 6.9 Principal Transactions 14 16 Section 6.10 Effect of Trustees’ Determination 1416