Term and Election. The Trustees shall be elected at meetings of the Shareholders called by the Board of Trustees from time to time in their sole discretion for that purpose, except as provided in Section 2.4 of this Article or as required by the 1940 Act, and each Trustee elected shall hold office until his or her successor shall have been elected and shall have qualified. The term of office of a Trustee shall terminate and a vacancy shall occur in the event of the death, resignation, removal, bankruptcy, adjudicated incompetence or other incapacity to perform the duties of the office, or removal, of a Trustee.
Appears in 11 contracts
Samples: Agreement and Declaration of Trust (BlackRock Fixed Income Value Opportunities II), Agreement and Declaration of Trust (BlackRock Private Investments Fund), Agreement and Declaration of Trust (BlackRock Multi-Sector Opportunities Trust II)
Term and Election. The Trustees shall be elected at meetings of the Shareholders called by the Board of Trustees from time to time in their sole discretion for that purpose, except as provided in Section 2.4 of this Article or as required by the 1940 Act, and each Trustee elected shall hold office until his or her successor shall have been elected and shall have qualified. The term of office of a Trustee shall terminate and a vacancy shall occur in the event of the death, resignation, removalretirement, bankruptcy, adjudicated incompetence or other incapacity to perform the duties of the office, or removal, of a Trustee.
Appears in 3 contracts
Samples: Agreement and Declaration of Trust (Connetic Venture Capital Access Fund), Agreement and Declaration of Trust (Sweater Cashmere Fund), Agreement and Declaration of Trust (Connetic Ventures Fund)
Term and Election. (a) The Trustees shall be elected at meetings of the Shareholders called by the Board of Trustees from time to time in their sole discretion for that purpose, except as provided in Section 2.4 of this Article or as required by the 1940 Act, and each Trustee elected shall hold office until his or her successor shall have been elected and shall have qualified. The term of office of a Trustee shall terminate and a vacancy shall occur in the event of the death, resignation, removal, bankruptcy, adjudicated incompetence or other incapacity to perform the duties of the office, or removal, of a Trustee.
Appears in 1 contract
Samples: Agreement and Declaration of Trust (BlackRock Private Credit Fund)
