Common use of Series of Shares Clause in Contracts

Series of Shares. Shares of the Trust may be divided into series, the number and relative rights, privileges and preferences of which shall be established and designated by the Trustees, in their discretion, in accordance with the terms of this Section 5.9. The Trustees may from time to time exercise their power to authorize the division of Shares into one or more series by establishing and designating one or more series of Shares upon and subject to the following provisions:

Appears in 3 contracts

Samples: Touchstone Variable Series Trust (Touchstone Variable Series Trust), Touchstone Variable Series Trust (Touchstone Variable Series Trust), Touchstone Variable Series Trust (Touchstone Variable Series Trust)

AutoNDA by SimpleDocs

Series of Shares. Shares of the Trust may be divided into series, the number and relative rights, privileges and preferences of which shall be established and designated by the Trustees, in their discretion, in accordance with the terms of this Section 5.96.9. The Trustees may from time to time exercise their power to authorize the division of Shares into one or more series by establishing and designating one or more series of Shares upon and subject to the following provisions:

Appears in 1 contract

Samples: Investment Advisory Agreement (MFS Government Securities Fund)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.