Required Conditions. No Shareholder may maintain a General Direct Action unless holders of at least ten percent (10%) of the outstanding Shares or, if less than all outstanding series or classes are alleged to have been harmed in connection with the General Direct Action, ten percent (10%) of the Shares in the respective series, class or classes alleged to have been harmed, join in the bringing of such action. In addition, a Shareholder may bring a General Direct Action only if the following conditions are met:
Appears in 8 contracts
Samples: Agreement and Declaration (Hamilton Lane Private Infrastructure Fund), Private Markets Fund (Apollo S3 Private Markets Fund), Declaration and Agreement (Coller Secondaries Private Equity Opportunities Fund)
Required Conditions. No Shareholder may maintain a General Direct Action unless holders of at least ten percent (10%) of the outstanding Shares or, if less than all outstanding series or classes are alleged to have been harmed in connection with the General Direct Action, ten percent (10%) % of the Shares in the respective series, class or classes alleged to have been harmed, join in the bringing of such action. In addition, a Shareholder may bring a General Direct Action only if the following conditions are met:
Appears in 2 contracts
Samples: Declaration and Agreement (Entoro Gray Swan Fund), Declaration and Agreement (Entoro Gray Swan Fund)
