Common use of Reserves Clause in Contracts

Reserves. The Trustees may set apart, from time to time, out of any funds of the Trust or Series or out of funds allocable to a Class thereof a reserve or reserves for any proper purpose, and may abolish any such reserve.

Appears in 78 contracts

Samples: Agreement and Declaration (Hartford Alternative Strategies Fund), Agreement and Declaration of Trust (ETF Series Trust), Agreement and Declaration of Trust (Hartford Funds Master Fund)

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Reserves. The Trustees may set apart, from time to time, out of any funds of the Trust or Series or out of funds allocable to a Class thereof a reserve or reserves for any proper purpose, and may abolish any such reserve.

Appears in 12 contracts

Samples: Agreement and Declaration of Trust (Pioneer ILS Interval Fund), Agreement and Declaration (City National Rochdale Select Strategies Fund), Agreement and Declaration of Trust (Pioneer ILS Bridge Fund)

Reserves. The Trustees may set apart, from time to time, out of any funds of the Trust or Series or out of funds allocable to a Class thereof a reserve or reserves for any proper purpose, and may abolish any such reserve.

Appears in 2 contracts

Samples: Agreement and Declaration of Trust (FNEX Ventures), Agreement and Declaration of Trust (PRISM Multi Strategy Fund)

Reserves. The Trustees may set apart, from time to time, out of any funds of the Trust or Series or out of funds allocable to a Class thereof a reserve or reserves for any proper purpose, and may abolish any such reserve.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Transamerica AUIM Opportunistic Bond)

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Reserves. The Trustees may set apart, from time to time, out of any funds of the Trust or Series or out of funds allocable to a Class thereof a reserve or reserves for any proper purpose, and may abolish any such reserve.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Pioneer CoreTrust I)

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