Common use of Quorum and Required Vote Clause in Contracts

Quorum and Required Vote. Section 3. Thirty percent of Shares entitled to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ meeting, except that where any provision of law or of this Declaration of Trust or the Bylaws requires that holders of any series or class shall vote as an individual series or class, then thirty percent of the aggregate number of Shares of that series or class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series or class. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a larger vote is required by any provision of law or of this Declaration of Trust or the Bylaws, a majority of the Shares voted shall decide any questions and a plurality shall elect a Trustee, provided that where any provision of law or of this Declaration of Trust or the Bylaws requires that the holders of any series or class shall vote as an individual series or class then a majority of the Shares of that series or class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series or class is concerned.

Quorum and Required Vote. Section 3. Thirty percent (30%) of the outstanding Shares entitled to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ ' meeting, except that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that holders of any series or class shall vote as an individual a series or class, then thirty percent (30%) of the aggregate number of Shares of that series or class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series or class. Any lesser number number, however, shall be sufficient for adjournments. Any adjournment and any adjourned session or sessions may be held, held within a reasonable time 90 days after the date set for the original meeting, meeting without the necessity of further notice. Except when a larger vote is required by any provision of law or of this Declaration of Trust or the BylawsBy-Laws of the Trust and subject to any applicable requirements of law, a majority of the Shares voted shall decide any questions question and a plurality shall elect a Trustee, provided that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that the holders of any series or class shall vote as an individual a series or class class, then a majority of the Shares of that series or class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series or class is concerned.

Quorum and Required Vote. Section 3. Thirty percent A majority of Shares entitled to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ ' meeting, except that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that holders of any series Series or class Class thereof shall vote as an individual series a Series or classClass, then thirty percent a majority of the aggregate number of Shares of that series Series or class Class thereof entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series Series or classClass. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a larger vote is required by any provision of law or of this Declaration of Trust or the BylawsBy-Laws, a majority of the Shares voted voted, at a meeting at which a quorum is present, shall decide any questions and a plurality shall elect a Trustee, provided that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that the holders of any series Series or class Class shall vote as an individual series a Series or class Class, then a majority of the Shares of that series Series or class Class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series Series or class Class is concerned.

Quorum and Required Vote. Section 3. Thirty percent Except when a larger quorum is required by law, by the Bylaws or by this Declaration of Trust, 30% of the Shares entitled to vote on a particular matter shall be constitute a quorum for the transaction of business on that matter at a Shareholders’ meeting, except that where any provision of law or of this Declaration of Trust or the Bylaws requires that holders of any series or class shall vote as an individual series or class, then thirty percent 30% of the aggregate number of Shares of that series or class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series or class. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a larger vote is required by any provision of law or of this Declaration of Trust or the Bylaws, when a quorum is present at any meeting, a majority of the Shares voted shall decide any questions and a plurality shall elect a Trustee, provided that where any provision of law or of this Declaration of Trust or the Bylaws requires that the holders of any series or class shall vote as an individual series or class then a majority of the Shares of that series or class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series or class is concerned.

Quorum and Required Vote. Section 3. Thirty percent One-third of Shares entitled to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ meeting, except that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that holders of any series Series or class Class thereof shall vote as an individual series a Series or classClass, then thirty percent one-third of the aggregate number of Shares of that series Series or class Class thereof entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series Series or classClass. Any lesser number The vote of a majority of shares present, with or without a quorum, shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a larger different vote is required or permitted by any provision of law or of this Declaration of Trust Trust, the By-Laws or the Bylawsany provision of law, a majority of the Shares voted voted, at a meeting at which a quorum is present, shall decide any questions and a plurality shall elect a Trustee, provided that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that the holders of any series Series or class Class shall vote as an individual series a Series or class Class, then a majority one-third of the Shares of that series Series or class Class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series Series or class Class is concerned.

Quorum and Required Vote. Section 3. Thirty percent of Shares entitled to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ ' meeting, except that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that holders of any series or class shall vote as an individual series or class, then thirty percent of the aggregate number of Shares of that series or class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series or class. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a larger vote is required by any provision of law or of this Declaration of Trust or the Bylaws, or by the 1940 Act, a majority of the Shares voted shall decide any questions and a plurality shall elect a Trustee, provided that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that the holders of any series or class shall vote as an individual series or class class, then a majority of the Shares of that series or class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series or class is concerned.

Quorum and Required Vote. Section 3. Thirty percent of the Shares entitled to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ ' meeting, except that where if any provision of law or of this Declaration of Trust permits or the Bylaws requires that holders of any series or class shall vote as an individual a series or class, then thirty percent of the aggregate number of Shares of that each series or class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series or class. Any lesser number number, however, shall be sufficient for adjournmentsadjournments or if no Shares are represented thereat, any officer present thereat entitled to preside or act as secretary of such meeting may adjourn the meeting. Any adjourned session or sessions may be held, held within a reasonable time after the date set for the original meeting, meeting without the necessity of further notice. Except when a larger vote is required by any provision of law or of this Declaration of Trust or the BylawsBy-Laws, a majority of the Shares voted shall decide any questions and a plurality shall elect a any Trustee, provided that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that the holders of any series or class shall vote as an individual a series or class class, then a majority of the Shares of that series or class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series or class is concerned. The vote upon any question shall be by written ballot whenever requested by any person entitled to vote but, unless such a request is made, voting may be conducted by voice vote or in any other way approved by the meeting.

Quorum and Required Vote. Section 3. Thirty percent of Shares entitled to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ ' meeting, except that where any provision of law or of this Declaration of Trust or the Bylaws requires that holders of any series or class shall vote as an individual series or class, then thirty percent of the aggregate number of Shares of that series or class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series or class. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a larger vote is required by any provision of law or of this Declaration of Trust or the Bylaws, a majority of the Shares voted shall decide any questions and a plurality shall elect a Trustee, provided that where any provision of law or of this Declaration of Trust or the Bylaws requires that the holders of any series or class shall vote as an individual series or class then a majority of the Shares of that series or class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series or class is concerned.. ACTION BY WRITTEN CONSENT

Quorum and Required Vote. Section 3. Thirty Shares representing thirty percent of Shares the votes entitled to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ ' meeting, except that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that holders of any series or class shall vote as an individual a series or class, then Shares representing thirty percent of the aggregate number of Shares votes of that series or class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series or class. Any lesser number number, however, shall be sufficient for adjournments. Any adjourned session or sessions may be held, held within a reasonable time after the date set for the original meeting, meeting without the necessity of further notice. Except when a larger vote is required by any provision of law or of this Declaration of Trust or the BylawsBy-Laws, Shares representing a majority of the Shares votes voted shall decide any questions and a plurality shall elect a Trustee, provided that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that the holders of any series or class shall vote as an individual a series or class class, then Shares representing a majority of the Shares votes of that series or class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series or class is concerned.

Quorum and Required Vote. Section 3. Thirty percent One-third (33 1/3%) of the outstanding Shares entitled to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ meeting, except that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that holders of any series or class shall vote as an individual a series or class, then thirty percent one-third (33 1/3%) of the aggregate number of Shares of that series or class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series or class. Any lesser number number, however, shall be sufficient for adjournments. Any adjournment and any adjourned session or sessions may be held, held within a reasonable time six months after the date set for the original meeting, meeting without the necessity of further notice. Except when a larger vote is required by any provision of law or of this Declaration of Trust or the BylawsBy-Laws of the Trust and subject to any applicable requirements of law, a majority of the Shares voted shall decide any questions and a plurality shall elect a Trusteequestion, provided that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that the holders of any series or class shall vote as an individual a series or class class, then a majority of the Shares of that series or class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series or class is concerned, except in each case with respect to the election of Trustees which shall be decided by a plurality of the votes cast in person or by proxy, provided further, however, that in a contested election of Trustees a nominee must receive a majority of the votes entitled to be cast in person or by proxy to be elected as a Trustee.

Quorum and Required Vote. Section 3. Thirty percent A majority of Shares entitled to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ meeting, except that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that holders of any series Series or class Class thereof shall vote as an individual series a Series or classClass, then thirty percent a majority of the aggregate number of Shares of that series Series or class Class thereof entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series Series or classClass. Any lesser number The vote of a majority of shares present, with or without a quorum, shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a larger different vote is required or permitted by any provision of law or of this Declaration of Trust Trust, the By-Laws or the Bylawsany provision of law, a majority of the Shares voted voted, at a meeting at which a quorum is present, shall decide any questions and a plurality shall elect a Trustee, provided that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that the holders of any series Series or class Class shall vote as an individual series a Series or class Class, then a majority of the Shares of that series Series or class Class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series Series or class Class is concerned.

Quorum and Required Vote. Section 3. Thirty percent of Shares entitled to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ ' meeting, except that where any provision of law or of this Declaration of Trust or the Bylaws bylaws requires that holders of any series or class shall vote as an individual series or class, then thirty percent of the aggregate number of Shares of that series or class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series or class. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a larger vote is required by any provision of law or of this Declaration of Trust or the Bylaws, a majority of the Shares voted shall decide any questions and a plurality shall elect a Trustee, provided that where any provision of law or of this Declaration of Trust or the Bylaws bylaws requires that the holders of any series or class shall vote as an individual series or class then a majority of the Shares of that series or class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series or class is concerned.

Quorum and Required Vote. Section 3. Thirty percent (30%) of the outstanding Shares entitled to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ meeting, except that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that holders of any series or class shall vote as an individual a series or class, then thirty percent (30%) of the aggregate number of Shares of that series or class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series or class. Any lesser number number, however, shall be sufficient for adjournments. Any adjournment and any adjourned session or sessions may be held, held within a reasonable time 90 days after the date set for the original meeting, meeting without the necessity of further notice. Except when a larger vote is required by any provision of law or of this Declaration of Trust or the BylawsBy-Laws of the Trust and subject to any applicable requirements of law, a majority of the Shares voted shall decide any questions question and a plurality shall elect a Trustee, provided that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that the holders of any series or class shall vote as an individual a series or class class, then a majority of the Shares of that series or class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series or class is concerned.

Quorum and Required Vote. Section 3. Thirty percent of Shares entitled to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ ' meeting, except that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that holders of any series or class shall vote as an individual series or class, then thirty percent of the aggregate number of Shares of that series or class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series or class. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a larger vote is required by any provision of law or of this Declaration of Trust or the Bylaws, or by the 1940 Act, a majority of the Shares voted shall decide any questions and a plurality shall elect a Trustee, provided that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that the holders of any series or class shall vote as an individual series or class class, then a majority of the Shares of that series or class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series or class is concerned.. ACTION BY WRITTEN CONSENT

Quorum and Required Vote. Section 3. Thirty Forty percent (40%) of the Shares entitled to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ ' meeting, except that where any provision of law or of this Declaration of Trust or the Bylaws By-Laws permits or requires that holders of any series Series or class Class shall vote as an individual series a Series or classClass, then thirty forty percent (40%) of the aggregate number of Shares of that series Series or class Class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series Series or classClass. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a larger vote is required by any provision of law or of this Declaration of Trust or the BylawsBy-Laws, a majority of the Shares voted shall decide any questions and a plurality shall elect a Trustee, provided that where any provision of law or of this Declaration of Trust or the Bylaws By-Laws permits or requires that the holders of any series Series or class Class shall vote as an individual series a Series or class Class, then a majority of the Shares of that series Series or class Class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series Series or class Class is concerned.

Quorum and Required Vote. Section 3. Thirty Except when a larger quorum is required by applicable law, by the By-Laws or by this Declaration of Trust, forty percent (40%) of the Shares entitled to vote on a particular matter shall be constitute a quorum for the transaction of business on that matter at a Shareholders’ Shareholders meeting, except that where . When any provision of law one or of this Declaration of Trust more Series (or the Bylaws requires that holders of any series or class shall Classes) is to vote as an individual series or classa single Class separate from any other Shares, then thirty forty percent (40%) of the aggregate number of Shares of that series each such Series (or class Classes) entitled to vote shall be necessary to constitute a quorum for the transaction at a Shareholder's meeting of business by that series Series (or classClass). Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions meeting of Shareholders may be heldadjourned from time to time by a majority of the votes properly cast upon the question of adjourning a meeting to another date and time, whether or not a quorum is present, and the meeting may be held as adjourned within a reasonable time after the date set for the original meeting, meeting without the necessity of further notice. Except Subject to the provisions of Article III, Section 7(d), when a larger vote quorum is required by present at any provision of law or of this Declaration of Trust or the Bylawsmeeting, a majority of the Shares voted shall decide any questions and a plurality shall elect a Trustee, provided that where except when a larger vote is required by any provision of this Declaration of Trust or the By-Laws or by applicable law. Where any provision of law or of this Declaration of Trust or the Bylaws requires that the holders of any series Series (or class Class) shall vote as an individual series a Series (or class then a majority of the Shares of that series or class voted Class) on the matter (or a plurality with respect to the election of a Trustee) the vote of a majority of the Shares of the Series (or Class) shall decide that matter insofar as that series Series (or class Class) is concerned.

Quorum and Required Vote. Section 3. Thirty percent of Shares entitled to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ ' meeting, except that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that holders of any series or class shall vote as an individual series or class, then thirty percent of the aggregate number of Shares of that series or class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series or class. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a larger vote is required by any provision of law or of this Declaration of Trust or the Bylaws, or by the 1940 Act, a majority of the Shares voted shall decide any questions and a plurality shall elect a Trustee, provided that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that the holders of any series or class shall vote as an individual series or class class, then a majority of the Shares of that series or class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series or class is concerned.. ACTION BY WRITTEN CONSENT

Quorum and Required Vote. Section 3. Thirty percent of Shares entitled to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ ' meeting, except that where any provision of law or of this Declaration of Trust or the Bylaws requires that holders of any series or class shall vote as an individual series or class, then thirty percent of the aggregate number of Shares of that series or class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series or class. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a larger vote is required by any provision of law or of this Declaration of Trust or the Bylaws, a majority of the Shares voted shall decide any questions and a plurality shall elect a Trustee, provided that where any provision of law or of this Declaration of Trust or the Bylaws requires that the holders of any series or class shall vote as an individual series or class then a majority of the Shares of that series or class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series or class is concerned.

Quorum and Required Vote. Section 3. Thirty percent of Shares entitled to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ ' meeting, except that where any provision of law or of this Declaration of Trust or the Bylaws bylaws requires that holders of any series or class shall vote as an individual series or class, then thirty percent of the aggregate number of Shares of that series or class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series or class. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a larger vote is required by any provision of law or of this Declaration of Trust or the Bylaws, a majority of the Shares voted shall decide any questions and a plurality shall elect a Trustee, provided that where any provision of law or of this Declaration of Trust or the Bylaws bylaws requires that the holders of any series or class shall vote as an individual series or class then a majority of the Shares of that series or class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series or class is concerned.. ACTION BY WRITTEN CONSENT

Quorum and Required Vote. Section 3. Thirty percent of Shares entitled to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ ' meeting, except that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that holders of any series or class shall vote as an individual series or class, then thirty percent of the aggregate number of Shares of that series or class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series or class. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a larger vote is required by any provision of law or of this Declaration of Trust or the Bylaws, or by the 1940 Act, a majority of the Shares voted shall decide any questions and a plurality shall elect a Trustee, provided that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that the holders of any series or class classes shall vote as an individual series or class class, then a majority of the Shares of that series or class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series or class is concerned.. ACTION BY WRITTEN CONSENT

Quorum and Required Vote. Section 3. Thirty percent of Shares the shares entitled to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ shareholders' meeting, except that where if any provision of law or of this Declaration of Trust permits or the Bylaws requires that holders of any series or class shall vote as an individual a series or class, then thirty percent of the aggregate number of Shares shares of that each series or class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series or class. Any lesser number number, however, shall be sufficient for adjournmentsadjournments or if no shares are represented thereat, any officer present thereat entitled to preside or act as secretary of such meeting may adjourn the meeting. Any adjourned session or sessions may be held, held within a reasonable time after the date set for the original meeting, meeting without the necessity of further notice. Except when a larger vote is required by any provision of law or of this Declaration of Trust or the BylawsBy-Laws, a majority of the Shares shares voted shall decide any questions and a plurality shall elect a any Trustee, provided that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that the holders of any series or class shall vote as an individual a series or class class, then a majority of the Shares shares of that series or class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series or class is concerned. The vote upon any question shall be by written ballot whenever requested by any person entitled to vote but, unless such a request is made, voting may be conducted by voice vote or in any other way approved by the meeting.

Quorum and Required Vote. Section 3. Thirty Except when a larger quorum is required by law, by the By-Laws or by this Declaration of Trust, forty percent (40%) of the Shares entitled to vote on a particular matter shall be constitute a quorum for the transaction of business on that matter at a Shareholders’ ' meeting, except that where any provision of law or of this Declaration of Trust or the Bylaws By-Laws requires that holders of any series Series or class Class shall vote as an individual series a Series or classClass, then thirty forty percent (40%) of the aggregate number of Shares of that series Series or class Class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series Series or classClass. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a larger vote is required by any provision of law or of this Declaration of Trust or the BylawsBy-Laws, a majority of the Shares voted shall decide any questions and a plurality shall elect a Trustee, provided that where any provision of law or of this Declaration of Trust or the Bylaws By-Laws requires that the holders of any series Series or class Class shall vote as an individual series a Series or class Class, then a majority of the Shares of that series Series or class Class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series Series or class Class is concerned.. ACTION BY WRITTEN CONSENT

Quorum and Required Vote. Section 3. Thirty percent One-third (33 1/3%) of the outstanding Shares entitled to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ meeting, except that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that holders of any series Series or class Class shall vote as an individual series a Series or classClass, then thirty percent one-third (33 1/3%) of the aggregate number of Shares of that series Series or class Class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series Series or classClass. Any lesser number number, however, shall be sufficient for adjournments. Any adjournment and any adjourned session or sessions may be held, held within a reasonable time six months after the date set for the original meeting, meeting without the necessity of further notice. Except when a larger vote is required by any provision of law or of this Declaration of Trust or the BylawsBy-Laws of the Trust and subject to any applicable requirements of law, a majority of the Shares voted shall decide any questions and a plurality shall elect a Trusteequestion, provided that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that the holders of any series Series or class Class shall vote as an individual series a Series or class Class, then a majority of the Shares of that series Series or class Class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series Series or class Class is concerned, except in each case with respect to the election of Trustees which shall be decided by a plurality of the votes cast in person or by proxy, provided further, however, that in a contested election of Trustees a nominee must receive a majority of the votes entitled to be cast in person or by proxy to be elected as a Trustee.

Quorum and Required Vote. Section 3. Thirty percent of Shares entitled to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ ' meeting, except that where any provision of law or of this Declaration of Trust or the Bylaws By-Laws requires that holders of any series or class shall vote as an individual series or class, then thirty percent of the aggregate number of Shares of that series or class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series or class. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a larger vote is required by any provision of law or of this Declaration of Trust or the BylawsBy-Laws, a majority of the Shares voted shall decide any questions and a plurality shall elect a Trustee, provided that where any provision of law or of this Declaration of Trust or the Bylaws By-Laws requires that the holders of any series or class shall vote as an individual series or class then a majority of the Shares of that series or class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series or class is concerned.

Quorum and Required Vote. Section 3. Thirty percent (30%) of the outstanding Shares entitled to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ ' meeting, except that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that holders of any series or class shall vote as an individual a series or class, then thirty percent (30%) of the aggregate number of Shares of that series or class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series or class. Any lesser number number, however, shall be sufficient for adjournments. Any adjournment and any adjourned session or sessions may be held, held within a reasonable time after the date set for the original meeting, meeting without the necessity of further notice. Except when a larger vote is required by any provision of law or of this Declaration of Trust or the BylawsBy-Laws and subject to any applicable requirements of law, a majority of the Shares voted shall decide any questions question and a plurality shall elect a Trustee, provided that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that the holders of any series or class shall vote as an individual a series or class class, then a majority of the Shares of that series or class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series or class is concerned.

Quorum and Required Vote. Section 3. Thirty percent (30%) of Shares entitled to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ ' meeting, except that where any provision of law or of this the Declaration of Trust or the Bylaws these By-laws permits or requires that holders of any series or class of shares shall vote as an individual a series or class, as the case may be, then thirty percent (30%) of the aggregate number of Shares of that series or that class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series or class. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a larger vote is required by any provision of law or of this the Declaration of Trust or the Bylawsthese By-laws, a majority of the Shares voted shall decide any questions and a plurality shall elect a Trustee, provided that where any provision of law or of this the Declaration of Trust or the Bylaws these By-laws permits or requires that the holders of any series or class shall vote as an individual a series or class class, as the case may be, then a majority of the Shares of that series or that class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series or class is concerned.

Quorum and Required Vote. Section 3. Thirty percent of Shares entitled to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ meeting, except that where any provision of law or of this Declaration of Trust or the Bylaws requires that holders of any series or class shall vote as an individual series or class, then thirty percent of the aggregate number of Shares of that series or class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series or class; provided that the Trustees may in their discretion specify a greater percentage to constitute a quorum as to any matter. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a larger vote is required by any provision of law or of this Declaration of Trust or the Bylaws, a majority of the Shares voted shall decide any questions and a plurality shall elect a Trustee, provided that where any provision of law or of this Declaration of Trust or the Bylaws requires that the holders of any series or class shall vote as an individual series or class then class, a majority of the Shares of that series or class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series or class is concerned.

Quorum and Required Vote. Section 3. Thirty percent A majority of Shares entitled to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ ' meeting, except that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that holders of any series Series or class Class thereof shall vote as an individual series a Series or classClass, then thirty percent a majority of the aggregate number of Shares of that series Series or class Class thereof entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series Series or classClass. Any lesser number The vote of a majority of shares present, with or without a quorum, shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a larger vote is required by any provision of law or of this Declaration of Trust or the BylawsBy-Laws, a majority of the Shares voted voted, at a meeting at which a quorum is present, shall decide any questions and a plurality shall elect a Trustee, provided that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that the holders of any series Series or class Class shall vote as an individual series a Series or class Class, then a majority of the Shares of that series Series ____________________________________________________________________________________ or class Class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series Series or class Class is concerned.

Quorum and Required Vote. Section 3. Thirty percent A majority of the Shares entitled to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ meeting, except that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that holders of any series or class shall vote as an individual a series or class, then thirty percent a majority of the aggregate number of Shares of that series or class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series or class. Any Notwithstanding the foregoing, for any series or class that commenced operations on or after March 30, 2016, with respect to any vote in which shareholders of said series or class shall vote as a series or class, one-third (33 and 1/3 %) of the shares entitled to vote shall constitute a quorum for the transaction of business by that series or class. In any case, any lesser number number, however, shall be sufficient for adjournments. Any adjourned session or sessions may be held, held within a reasonable time after the date set for the original meeting, meeting without the necessity of further notice. Except when a larger vote is required by any provision of law or provisions of this Declaration of Trust or the BylawsBy-Laws, a majority of the Shares shares voted on any matter shall decide any questions such matter and a plurality shall elect a Trustee, provided that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that the holders of any series or of class shall vote as an individual a series or class class, then a majority of the Shares of that series or class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series or class is concerned.. ACTION BY WRITTEN CONSENT

Quorum and Required Vote. Section 3. Thirty percent of Shares entitled to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ ' meeting, except that where any provision of law or of this Declaration of Trust or the Bylaws bylaws requires that holders of any series or class shall vote as an individual series or class, then thirty percent of the aggregate number of Shares of that series or class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series or class. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a larger vote is required by any provision of law or of this Declaration of Trust or the Bylaws, a majority of the Shares voted shall decide any questions and a plurality shall elect a Trustee, provided that where any provision of law or of this Declaration of Trust or the Bylaws bylaws requires that the holders of any series or class shall vote as an individual series or class then a majority of the Shares of that series or class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series or class is concerned.. Action by Written Consent

Quorum and Required Vote. Section 3. Thirty percent (30%) of Shares entitled to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ ' meeting, except that where any provision of law or of this the Declaration of Trust or the Bylaws these By-laws permits or requires that holders of any series or class of shares shall vote as an individual series or a class, as the case may be, then thirty percent (30%) of the aggregate number of Shares of that series or class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series or class. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a larger vote is required by any provision of law or of this the Declaration of Trust or the Bylawsthese By-laws, a majority of the Shares voted shall decide any questions and a plurality shall elect a Trustee, provided that where any provision of law or of this the Declaration of Trust or the Bylaws these By-laws permits or requires that the holders of any series or class shall vote as an individual series or class a class, as the case may be, then a majority of the Shares of that series or class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series or class is concerned.

Quorum and Required Vote. Section 3. Thirty percent (30%) of the Shares entitled to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ ' meeting, except that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that holders of any series or class shall vote as an individual series or class, then thirty percent 30% of the aggregate number of Shares of that series or class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series or class. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a larger vote is required by any provision of law or of this Declaration of Trust or the Bylaws, a majority of the Shares voted shall decide any questions questions, and a plurality shall elect a Trustee, ; provided that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that the holders of any series or class shall vote as an individual series or class then a majority of the Shares of that series or class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series or class is concerned.. Action by Written Consent

Quorum and Required Vote. Section 3. Thirty Forty percent (40%) of the Shares entitled to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ ' meeting, except that where any provision of law or of this Declaration of Trust or the Bylaws By-Laws permits or requires that holders of any series Series or class Class shall vote as an individual series a Series or classClass, then thirty forty percent (40%) of the aggregate number of Shares of that series Series or class Class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series Series or classClass. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a larger vote is required by any provision of law or of this Declaration of Trust or the BylawsBy-Laws, a majority of the Shares voted shall decide any questions and a plurality shall elect a Trustee, provided that where any provision of law or of this Declaration of Trust or the Bylaws By-Laws permits or requires that the holders of any series Series or class Class shall vote as an individual series a Series or class Class, then a majority of the Shares of that series Series or class Class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series Series or class Class is concerned.. ACTION BY WRITTEN CONSENT

Quorum and Required Vote. Section 3. Thirty Ten percent (10%) of Shares entitled to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ ' meeting, except that where any provision of law or of this the Declaration of Trust or the these Bylaws permits or requires that holders of any series or class of Shares shall vote as an individual a series or class, as the case may be, then thirty ten percent (10%) of the aggregate number of Shares of that series or that class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series or class. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a larger vote is required by any provision of law or of this the Declaration of Trust or the these Bylaws, a majority of the Shares voted shall decide any questions and a plurality shall elect a Trustee, provided that where any provision of law or of this the Declaration of Trust or the these Bylaws permits or requires that the holders of any series or class shall vote as an individual a series or class class, as the case may be, then a majority of the Shares of that series or that class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series or class is concerned.

Quorum and Required Vote. Section 3. Thirty percent (30%) of the --------- ------------------------ outstanding Shares entitled to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ ' meeting, except that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that holders of any series or class shall vote as an individual a series or class, then thirty percent (30%) of the aggregate number of Shares of that series or class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series or class. Any lesser number number, however, shall be sufficient for adjournments. Any adjournment and any adjourned session or sessions may be held, held within a reasonable time 90 days after the date set for the original meeting, meeting without the necessity of further notice. Except when a larger vote is required by any provision of law or of this Declaration of Trust or by the BylawsBy-Laws of the Trust and subject to any applicable requirements of law, a majority of the Shares voted shall decide any questions question and a plurality shall elect a Trustee, provided that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that the holders of any series or class shall vote as an individual a series or class class, then a majority of the Shares of that series or class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series or class is concerned.

Quorum and Required Vote. Section 3. Thirty Forty percent (40%) of the Shares entitled to vote on a particular matter shall be constitute a quorum for the transaction of business on that matter at a Shareholders’ ' meeting, except that where any provision of law or of this Declaration of Trust or the Bylaws By-Laws requires that holders of any series Series or class Class shall vote as an individual series a Series or classClass, then thirty forty percent (40%) of the aggregate number of Shares of that series Series or class Class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series Series or classClass. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a larger vote is required by any provision of law or of this Declaration of Trust or the BylawsBy-Laws, a majority of the Shares voted shall decide any questions and a plurality shall elect a Trustee, provided that where any provision of law or of this Declaration of Trust or the Bylaws By-Laws requires that the holders of any series Series or class Class shall vote as an individual series a Series or class Class, then a majority of the Shares of that series Series or class Class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series Series or class Class is concerned.

Quorum and Required Vote. Section 3. Thirty Except when a larger quorum is required by applicable law or by this Declaration of Trust, thirty-three and one-third percent (33-1/3%) of the Shares entitled to vote on a particular matter shall be constitute a quorum for the transaction of business on that matter at a Shareholders’ meeting, except that where . When any provision of law one or of this Declaration of Trust more Classes or the Bylaws requires that holders of any series or class shall Series is to vote as an individual series or classa single class separate from any other Shares, then thirty thirty-three and one-third percent (33-1/3%) of the aggregate number of Shares of that series each such Class or class Series entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series Class or classSeries at a Shareholders’ meeting. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions meeting of Shareholders may be heldadjourned from time to time by a majority of the votes properly cast upon the question of adjourning a meeting to another date and time, within whether or not a reasonable time after quorum is present, and the date set for meeting may be held as adjourned as provided in the original meeting, without the necessity of further noticeBylaws. Except when a larger vote is required by any provision of law or provisions of this Declaration of Trust or the Bylawsby applicable law, when a quorum is present at any meeting, a majority of the Shares voted shall decide any questions and a plurality majority of the Shares voted shall elect a Trustee, provided that where any provision of law or of this Declaration of Trust or the Bylaws requires that the holders of any series or class Series shall vote as an individual series a Series (or class that holders of a Class shall vote as a Class), then a majority of the Shares of that series Series (or class Class) voted on the matter (or the holders of at least a plurality majority of the Shares of that Series or Class then entitled to vote in an election of the Trustee with respect to the election of a Trustee) shall decide that matter insofar as that series Series (or class Class) is concerned.

Quorum and Required Vote. Section 3. Thirty percent per cent (30%) of the Shares entitled to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ ' meeting, except that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that holders of any series or class shall vote as an individual a series or class, then thirty percent (30%) of the aggregate number of Shares of that series or class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series or class. Any lesser number number, however, shall be sufficient for adjournments. Any adjourned session or sessions may be held, held within a reasonable time after the date set for the original meeting, meeting without the necessity of further notice. Except when a larger vote is required by any provision of law or of this Declaration of Trust or the BylawsBy-Laws, a majority of the Shares voted shall decide any questions and a plurality shall elect a Trustee, provided that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that the holders of any series or class shall vote as an individual a series or class class, then a majority of the Shares of that series or class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series or class is concerned.

Quorum and Required Vote. Section 3. Thirty Forty percent (40%) of the Shares entitled to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ ' meeting, except that where any provision of law or of this Declaration of Trust or the Bylaws By-Laws permits or requires that holders of any series Series or class Class shall vote as an individual series a Series or classClass, then thirty forty percent (40%) of the aggregate number of Shares of that series Series or class Class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series Series or classClass. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a larger vote is required by any provision of law or of this Declaration of Trust or the BylawsBy-Laws, a majority of the Shares voted shall decide any questions and a plurality shall elect a Trustee, provided that where any provision of law or of this Declaration of Trust or the Bylaws By-Laws permits or requires that the holders of any series Series or class Class shall vote as an individual series a Series or class Class, then a majority of the Shares of that series Series or class Class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series Series or class Class is concerned.

Quorum and Required Vote. Section 3. Thirty percent (30%) of the --------- ------------------------ outstanding Shares entitled to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ ' meeting, except that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that holders of any series or class shall vote as an individual a series or class, then thirty percent (30%) of the aggregate number of Shares of that series or class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series or class. Any lesser number number, however, shall be sufficient for adjournments. Any adjournment and any adjourned session or sessions may be held, held within a reasonable time 90 days after the date set for the original meeting, meeting without the necessity of further notice. Except when a larger vote is required by any provision of law or of this Declaration of Trust or the BylawsBy- Laws of the Trust and subject to any applicable requirements of law, a majority of the Shares voted shall decide any questions question and a plurality shall elect a Trustee, provided that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that the holders of any series or class shall vote as an individual a series or class class, then a majority of the Shares of that series or class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series or class is concerned.

Quorum and Required Vote. Section 3. Thirty Shares representing thirty percent (30%) of Shares the votes entitled --------- to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ ' meeting, except that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that holders of any series or class shall vote as an individual a series or class, then Shares representing thirty percent (30%) of the aggregate number of Shares votes of that series or class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series or class. Any lesser number number, however, shall be sufficient for adjournments. Any adjourned session or sessions may be held, held within a reasonable time after the date set for the original meeting, meeting without the necessity of further notice. Except when a larger vote is required by any provision of law or of this Declaration of Trust or the Bylaws, Shares representing a majority of the Shares votes voted shall decide any questions and a plurality shall elect a Trustee, provided that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that the holders of any series or class shall vote as an individual a series or class class, then Shares representing a majority of the Shares votes of that series or class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series or class is concerned.. Action by Written Consent -------------------------

Quorum and Required Vote. Section 3. Thirty percent (30%) of the ----------------------------------- outstanding Shares entitled to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ ' meeting, except that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that holders of any series or class shall vote as an individual a series or class, then thirty percent (30%) of the aggregate number of Shares of that series or class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series or class. Any lesser number number, however, shall be sufficient for adjournments. Any adjournment and any adjourned session or sessions may be held, held within a reasonable time 90 days after the date set for the original meeting, meeting without the necessity of further notice. Except when a larger vote is required by any provision of law or of this Declaration of Trust or the BylawsBy-Laws of the Trust and subject to any applicable requirements of law, a majority of the Shares voted shall decide any questions question and a plurality shall elect a Trustee, provided that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that the holders of any series or class shall vote as an individual a series or class class, then a majority of the Shares of that series or class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series or class is concerned.

Quorum and Required Vote. Section 3. Thirty percent of Shares entitled to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ ' meeting, except that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that holders of any series or class shall vote as an individual series or class, then thirty percent of the aggregate number of Shares of that series or class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series or class. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a larger vote is required by any provision of law or of this Declaration of Trust or the Bylaws, or by the 1940 Act, a majority of the Shares voted shall decide any questions and a plurality shall elect a Trustee, provided that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that the holders of any series or class classes shall vote as an individual series or class class, then a majority of the Shares of that series or class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series or class is concerned.

Quorum and Required Vote. Section SECTION 3. Thirty percent A majority of the Shares entitled to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ meeting, except that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that holders of any series or class shall vote as an individual a series or class, then thirty percent a majority of the aggregate number of Shares of that series or class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series or class. Any Notwithstanding the foregoing, for any series or class that commenced operations on or after March 30, 2016, with respect to any vote in which shareholders of said series or class shall vote as a series or class, one-third (33 and 1/3%) of the shares entitled to vote shall constitute a quorum for the transaction of business by that series or class. In any case, any lesser number number, however, shall be sufficient for adjournments. Any adjourned session or sessions may be held, held within a reasonable time after the date set for the original meeting, meeting without the necessity of further notice. Except when a larger vote is required by any provision of law or provisions of this Declaration of Trust or the BylawsBy-Laws, a majority of the Shares voted on any matter shall decide any questions such matter and a plurality shall elect a Trustee, provided that where any provision of law or of this Declaration of Trust permits or the Bylaws requires that the holders of any series or class shall vote as an individual a series or class class, then a majority of the Shares of that series or class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series or class is concerned.. ACTION BY WRITTEN CONSENT

Quorum and Required Vote. Section 3. Thirty percent (30%) of Shares entitled to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ ' meeting, except that where any provision of law or of this the Declaration of Trust or the these Bylaws permits or requires that holders of any series or class of shares shall vote as an individual a series or class, as the case may be, then thirty percent (30%) of the aggregate number of Shares of that series or that class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series or class. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a larger vote is required by any provision of law or of this the Declaration of Trust or the these Bylaws, a majority of the Shares voted shall decide any questions and a plurality shall elect a Trustee, provided that where any provision of law or of this Declaration of Trust or the these Bylaws permits or requires that the holders of any series or class shall vote as an individual a series or class class, as the case may be, then a majority of the Shares of that series or that class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series or class is concerned.

Quorum and Required Vote. Section 3. Thirty percent of Shares entitled to vote on a particular matter shall be a quorum for the transaction of business on that matter at a Shareholders’ meeting, except that where any provision of law or of this Declaration of Trust or the Bylaws requires that holders of any series or class shall vote as an individual series or class, then thirty percent of the aggregate number of Shares of that series or class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series or class. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a larger vote is required by any provision of law or of this Declaration of Trust or the Bylaws, a majority of the Shares voted shall decide any questions and a plurality shall elect a Trustee, provided that where any provision of law or of this Declaration of Trust or the Bylaws requires that the holders of any series or class shall vote as an individual series or class then a majority of the Shares of that series or class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series or class is concerned.

Quorum and Required Vote. Section 3. Thirty Forty percent (40%) of the Shares entitled to vote on a particular matter shall be constitute a quorum for the transaction of business on that matter at a Shareholders’ ' meeting, except that where any provision of law or of this Declaration of Trust or the Bylaws By-Laws requires that holders of any series Series or class Class shall vote as an individual series a Series or classClass, then thirty forty percent (40%) of the aggregate number of Shares of that series Series or class Class entitled to vote shall be necessary to constitute a quorum for the transaction of business by that series Series or classClass. Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions may be held, within a reasonable time after the date set for the original meeting, without the necessity of further notice. Except when a larger vote is required by any provision of law or of this Declaration of Trust or the BylawsBy-Laws, a majority of the Shares voted shall decide any questions and a plurality shall elect a Trustee, provided that where any provision of law or of this Declaration of Trust or the Bylaws By-Laws requires that the holders of any series Series or class Class shall vote as an individual series a Series or class Class, then a majority of the Shares of that series Series or class Class voted on the matter (or a plurality with respect to the election of a Trustee) shall decide that matter insofar as that series Series or class Class is concerned.. ACTION BY WRITTEN CONSENT

Quorum and Required Vote. Section 3. Thirty Except when a larger quorum is required by applicable law, by the By-Laws or by this Declaration of Trust, forty percent (40%) of the Shares entitled to vote on a particular matter shall be constitute a quorum for the transaction of business on that matter at a Shareholders’ Shareholders meeting, except that where . When any provision of law one or of this Declaration of Trust more Series (or the Bylaws requires that holders of any series or class shall Classes) is to vote as an individual series or classa single Class separate from any other Shares, then thirty forty percent (40%) of the aggregate number of Shares of that series each such Series (or class Classes) entitled to vote shall be necessary to constitute a quorum for the transaction at a Shareholders meeting of business by that series Series (or classClass). Any lesser number shall be sufficient for adjournments. Any adjourned session or sessions meeting of Shareholders may be heldadjourned from time to time by a majority of the votes properly cast upon the question of adjourning a meeting to another date and time, whether or not a quorum is present, and the meeting may be held as adjourned within a reasonable time after the date set for the original meeting, meeting without the necessity of further notice. Except Subject to the provisions of Article III, Section 7(d), when a larger vote quorum is required by present at any provision of law or of this Declaration of Trust or the Bylawsmeeting, a majority of the Shares voted shall decide any questions and a plurality shall elect a Trustee, provided that where except when a larger vote is required by any provision of this Declaration of Trust or the By-Laws or by applicable law. Where any provision of law or of this Declaration of Trust or the Bylaws requires that the holders of any series Series (or class Class) shall vote as an individual series a Series (or class then a majority of the Shares of that series or class voted Class) on the matter (or a plurality with respect to the election of a Trustee) the vote of a majority of the Shares of the Series (or Class) shall decide that matter insofar as that series Series (or class Class) is concerned.