Common use of Removal of Trustees Clause in Contracts

Removal of Trustees. No natural person shall serve as Trustee after the holders of record of not less than two-thirds of the outstanding Shares have declared that such Trustee be removed from that office either by declaration in writing filed with the Trust's custodian or by votes cast in person or by proxy at a meeting called for the purpose. The Trustees shall call a meeting of Shareholders for the purpose of voting upon the question of removal of any Trustee to the extent required by the 1940 Act.

Appears in 13 contracts

Samples: Agreement and Declaration of Trust (Stone Harbor Investment Funds), Agreement and Declaration (Loomis Sayles Funds I), Agreement and Declaration (IXIS Advisor Cash Management Trust)

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Removal of Trustees. No natural person shall serve as Trustee after the holders of record of not less than two-thirds of the outstanding Shares have declared that such Trustee be removed from that office either by declaration in writing filed with the Trust's ’s custodian or by votes cast in person or by proxy at a meeting called for the purpose. The Trustees shall call a meeting of Shareholders for the purpose of voting upon the question of removal of any Trustee to the extent required by the 1940 Act.

Appears in 6 contracts

Samples: Agreement and Declaration of Trust (Allianz Funds Multi-Strategy Trust), Agreement and Declaration of Trust (IVA Fiduciary Trust), Agreement and Declaration of Trust (Natixis ETF Trust II)

Removal of Trustees. No natural person shall serve as Trustee after the holders of record of not less than two-thirds of the outstanding Shares have declared that such Trustee be removed from that office either by declaration in writing filed with the Trust's custodian or by votes cast in person or by proxy at a meeting called for the purpose. The Trustees shall promptly call a meeting of Shareholders for the purpose of voting upon the question of removal of any Trustee when requested in writing so to the extent required do by the 1940 Actrecord holders of not less than 10 per centum of the outstanding Shares.

Appears in 5 contracts

Samples: Securities Trust Fund (CTB Securities Trust Fund), Agreement and Declaration (Lmi Funds), Agreement and Declaration of Trust (Alliancebernstein Trust)

Removal of Trustees. No natural person shall serve as Trustee after the holders of record of not less than two-thirds of the outstanding Shares have declared that such Trustee be removed from that office either by declaration in writing filed with the Trust's custodian or by votes cast in person or by proxy at a meeting called for the purpose. The Trustees shall call a meeting of Shareholders for the purpose of voting upon the question of removal of any Trustee to the extent required by the 1940 Act.

Appears in 1 contract

Samples: Agreement and Declaration (Lmi Funds)

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Removal of Trustees. No natural person shall serve as Trustee after the holders of record of not less than two-thirds two-1hirds of the outstanding Shares have declared that such Trustee be removed from that office either by declaration in writing filed with the Trust's ’s custodian or by votes cast in person or by proxy at a meeting called for the purpose. The Trustees shall call a meeting of Shareholders for the purpose of voting upon the question of removal of any Trustee to the extent required by the 1940 Act.

Appears in 1 contract

Samples: Natixis Etf Trust (Natixis ETF Trust)

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