Transfer by a Shareholder. (a) No Shareholder shall have the right to sell, pledge, transfer or assign their Shares, except (i) with respect those Shares that have been transferred or have vested in another person by operation of law (i.e., the result of the death, bankruptcy, insolvency, adjudicated incompetence or dissolution of the Shareholder) or (ii) with the written consent of the Board of Trustees or its designee (which may be withheld in its sole and absolute discretion).
Appears in 8 contracts
Samples: Agreement and Declaration of Trust (List Income Opportunities Fund), Agreement and Declaration of Trust (Catalyst Strategic Income Opportunities Fund), Agreement and Declaration (Denali Structured Return Strategy Fund)
Transfer by a Shareholder. (a) No Shareholder shall have the right to sell, pledge, transfer or assign their Shares, except (i) with respect those Shares that have been transferred or have vested in another person by operation of law (i.e., the result of the death, bankruptcy, insolvency, adjudicated incompetence or dissolution of the Shareholder) ); or (ii) with the written consent of the Board of Trustees or its designee (which may be withheld in its sole and absolute discretion).
Appears in 8 contracts
Samples: Agreement and Declaration (Opportunistic Credit Interval Fund), Agreement and Declaration of Trust (Opportunistic Credit Interval Fund), Agreement and Declaration of Trust (Peak Income Plus Fund)
Transfer by a Shareholder. (a) No Shareholder shall have the right to sell, pledge, transfer or assign their his Shares, except (i) with respect those Shares that have been transferred or have vested in another person by operation of law (i.e., the result of the death, bankruptcy, insolvency, adjudicated incompetence or dissolution of the Shareholder) ); or (ii) with the written consent of the Board of Trustees or its designee (which may be withheld in its sole and absolute discretion).
Appears in 7 contracts
Samples: Agreement and Declaration of Trust (VELA Funds), Agreement and Declaration of Trust (A3 Alternative Credit Fund), Agreement and Declaration of Trust (Astor Dynamic Credit Fund)
Transfer by a Shareholder. (a) i. No Shareholder shall have the right to sell, pledge, transfer or assign their his Shares, except (i) with respect those Shares that have been transferred or have vested in another person by operation of law (i.e., the result of the death, bankruptcy, insolvency, adjudicated incompetence or dissolution of the Shareholder) ); or (ii) with the written consent of the Board of Trustees or its designee (which may be withheld in its sole and absolute discretion).
Appears in 1 contract
Samples: Agreement and Declaration of Trust (BCM Focus Funds)
