Term of Existence. The Company shall be formed as of the time of the filing of the Certificate of Formation in the Office of the Secretary of State of Delaware and its existence shall be perpetual, unless earlier terminated, dissolved or liquidated in accordance with the provisions of this Agreement.
Term of Existence. (a) This Section 22 will only apply to any Guarantor(s) that is an entity whose term of existence expires prior to the Maturity Date.
Term of Existence. (a) At least 6 months prior to the expiration of its term of existence (“Term”), Guarantor must do one of the following (“Fund Expiration Alternatives”):
Term of Existence. The period during which the Corporation shall continue is perpetual.
Term of Existence. (a) Unless dissolved and terminated pursuant to the terms hereof, the Trust shall have perpetual existence. The Trust shall dissolve (i) upon the affirmative vote to dissolve the Trust by both a majority of the Trustees and the holders of at least two-thirds of the Shares or (ii) as required by operation of law. After dissolution, the Trustees shall proceed to wind up the affairs of the Trust and all of the powers of the Trustees under this Declaration shall continue until the affairs of the Trust shall have been wound up as contemplated by Section 3808(e) of the Delaware Statutory Trust Statute. The Trustees may, to the extent they deem appropriate, adopt a plan of liquidation at any time preceding the anticipated dissolution date, which plan of liquidation may set forth the terms and conditions for implementing the dissolution and liquidation of the Trust under this Article XI. Shareholders of the Trust shall not be entitled to vote on the adoption of any such plan or the dissolution and liquidation of the Trust under this Article XI except to the extent required by the 1940 Act.
Term of Existence. The Company commenced upon the filing of its Certificate with the Secretary of State of the State of Delaware and shall continue indefinitely until such time as it shall be dissolved, wound up and terminated under the provisions of Article XI hereof.
Term of Existence. The Company's existence began on March 19, 2001 and, notwithstanding anything to the contrary in the Articles of Organization, will continue until December 31, 2021, unless earlier terminated under the provisions of this Agreement or by operation of law. A Majority may extend the Company's term, provided that the Company remains in compliance with the NASAA Guidelines.
Term of Existence. The Company’s existence began on May 14, 2003 and is perpetual, unless earlier terminated under the provisions of this Agreement or by operation of law.
Term of Existence. The Association is formed for an indefinite period of time.
