Suspension of Right of Redemption. Notwithstanding the foregoing, the Trust may postpone payment of the redemption price and may suspend the right of the holders of Shares to require the Trust to redeem Shares to the extent permissible under the 1940 Act.
Appears in 90 contracts
Samples: Agreement and Declaration (Old Mutual Global Shares Trust), Agreement and Declaration (State Trust), And Restated Agreement and Declaration of Trust (Hartford Funds Exchange-Traded Trust)
Suspension of Right of Redemption. Notwithstanding the foregoing, the Trust may postpone payment of the redemption price and may suspend the right of the holders of Shares or the right of the holders of Creation Units to require the Trust to redeem Shares or Creation Units to the extent permissible under the 1940 Act.
Appears in 1 contract
Samples: Agreement and Declaration of Trust (Precidian ETF Trust II)