Common use of Removal and Vacancies Clause in Contracts

Removal and Vacancies. Subject to the 1940 Act, the Trustees may (i) by vote of a majority of the remaining Trustees fill vacancies in the Trustees or (ii) remove Trustees with or without cause by vote of a majority of the Independent Trustees if the Trustee to be removed is an Independent Trustee, or by vote of the Trustees who are "interested persons" (as defined in the 1940 Act) if the Truxxxx xx be removed is an "interested" Trustee. The selection and nomination of Independent Trustees is committed solely to the discretion of a Nominating Committee consisting of all sitting Independent Trustees, except where the remaining Trustee or Trustees are "interested persons".

Appears in 3 contracts

Samples: American Century International Bond Funds, American Century Government Income Trust, American Century Target Maturities Trust

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Removal and Vacancies. Subject to the 1940 Act, the Trustees may (i) by vote of a majority of the remaining Trustees fill vacancies in the Trustees or (ii) remove Trustees with or without cause by vote of a majority of the Independent Trustees if the Trustee to be removed is an Independent Trustee, or by vote of the Trustees who are "interested persons" (as defined in the 1940 Act) if the Truxxxx Trustee xx be removed xx xemoved is an "interested" Trustee. The selection and nomination of Independent Trustees is committed solely to the discretion of a Nominating Committee consisting of all sitting Independent Trustees, except where the remaining Trustee or Trustees are "interested persons".

Appears in 2 contracts

Samples: American Century Municipal Trust, American Century Investment Trust

Removal and Vacancies. Subject to the 1940 Act, the Trustees may (i) by vote of a majority of the remaining Trustees fill vacancies in the Trustees or (ii) remove Trustees with or without cause by vote of a majority of the Independent Trustees if the Trustee to be removed is an Independent Trustee, or by vote of the Trustees who are "interested persons" (as defined in the 1940 Act) if the Truxxxx xx Trustee to be removed is an "interested" TrusteeTrustex. The selection Xxx xelection and nomination of Independent Trustees is committed solely to the discretion of a Nominating Committee consisting of all sitting Independent Trustees, except where the remaining Trustee or Trustees are "interested persons".

Appears in 2 contracts

Samples: Funds Agreement (American Century International Bond Funds), American Century Government Income Trust

Removal and Vacancies. Subject to the 1940 Act, the Trustees may (i) by vote of a majority of the remaining Trustees fill vacancies in the Trustees or (ii) remove Trustees with or without cause by vote of a majority of the Independent Trustees if the Trustee to be removed is an Independent Trustee, or by vote of the Trustees who are "interested persons" (as defined in the 1940 Act0000 Xxx) if the Truxxxx xx Trustee to be removed is an "interested" Trustee. The selection and nomination of Independent Trustees is committed solely to the discretion of a Nominating Committee consisting of all sitting Independent Trustees, except where the remaining Trustee or Trustees are "interested persons".

Appears in 2 contracts

Samples: Municipal Trust Agreement (American Century Municipal Trust), Agreement and Declaration (American Century Investment Trust)

Removal and Vacancies. Subject to the 1940 Act, the Trustees may (i) by vote of a majority of the remaining Trustees fill vacancies in the Trustees or (ii) remove Trustees with or without cause by vote of a majority of the Independent Trustees if the Trustee to be removed is an Independent Trustee, or by vote of the Trustees who are "interested persons" (as defined in the 1940 Act) if the Truxxxx xx xxx Xxxstee to be removed is an "interested" Trustee. The selection and nomination of Independent Trustees is committed solely to the discretion of a Nominating Committee consisting of all sitting Independent Trustees, except where the remaining Trustee or Trustees are "interested persons".

Appears in 1 contract

Samples: Municipal Funds Agreement (American Century California Tax Free & Municipal Funds)

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Removal and Vacancies. Subject to the 1940 Act, the Trustees may (i) by vote of a majority of the remaining Trustees fill vacancies in the Trustees or (ii) remove Trustees with or without cause by vote of a majority of the Independent Trustees if the Trustee to be removed is an Independent Trustee, or by vote of the Trustees who are "interested persons" (as defined in the 1940 Act) if the Truxxxx xx thx Xxxxxxe to be removed is an "interested" Trustee. The selection and nomination of Independent Trustees is committed solely to the discretion of a Nominating Committee consisting of all sitting Independent Trustees, except where the remaining Trustee or Trustees are "interested persons".

Appears in 1 contract

Samples: American Century California Tax Free & Municipal Funds

Removal and Vacancies. Subject to the 1940 Act, the Trustees may (i) by vote of a majority of the remaining Trustees fill vacancies in the Trustees or (ii) remove Trustees with or without cause by vote of a majority of the Independent Trustees if the Trustee to be removed is an Independent Trustee, or by vote of the Trustees who are "interested persons" (as defined in the 1940 Act) if the Truxxxx xx Trustee to be removed is an "interested" TrusteeTruxxxx. The Xhe selection and nomination of Independent Trustees is committed solely to the discretion of a Nominating Committee consisting of all sitting Independent Trustees, except where the remaining Trustee or Trustees are "interested persons".

Appears in 1 contract

Samples: Maturities Trust Agreement (American Century Target Maturities Trust)

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