Common use of VOTING RIGHTS OF SHAREHOLDERS Clause in Contracts

VOTING RIGHTS OF SHAREHOLDERS. Shareholders of a Maryland corporation such as IMSFI are entitled to vote on, among other things, those matters which effect fundamental changes in the corporate structure (such as a merger, consolidation or sale of substantially all of the assets of the corporation) as provided by Maryland law. The ACST Declaration grants shareholders power to vote only with respect to the following: (i) election of trustees, provided that a meeting of shareholders has been called for that purpose; (ii) removal of trustees, provided that a meeting of shareholders has been called for that purpose; (iii) termination of ACST or a series or class of its shares of beneficial interest, provided that a meeting of shareholders has been called for that purpose; (iv) sale of all or substantially all of the assets of ACST or one of its investment portfolios; (v) merger or consolidation of ACST or any of its investment portfolios, with certain exceptions; (vi) approval of any amendments to shareholders' voting rights under the ACST Declaration; and (vii) approval of such additional matters as may be required by law or as the trustees, in their sole discretion, shall determine.

VOTING RIGHTS OF SHAREHOLDERS. Shareholders of a Maryland corporation such as IMSFI IMMFI are entitled to vote on, among other things, those matters which effect fundamental changes in the corporate structure (such as a merger, consolidation or sale of substantially all of the assets of the corporation) as provided by Maryland law. The ACST ATST Declaration grants shareholders power to vote only with respect to the following: (i) election of trustees, provided that a meeting of shareholders has been called for that purpose; (ii) removal of trustees, provided that a meeting of shareholders has been called for that purpose; (iii) termination of ACST ATST or a series or class of its shares of beneficial interest, provided that a meeting of shareholders has been called for that purpose; (iv) sale of all or substantially all of the assets of ACST ATST or one of its investment portfolios; (v) merger or consolidation of ACST ATST or any of its investment portfolios, with certain exceptions; (vi) approval of any amendments to shareholders' voting rights under the ACST ATST Declaration; and (vii) approval of such additional matters as may be required by law or as the trustees, in their sole discretion, shall determine.

VOTING RIGHTS OF SHAREHOLDERS. Shareholders of a Maryland corporation such as IMSFI IIFI are entitled to vote on, among other things, those matters which effect fundamental changes in the corporate structure (such as a merger, consolidation or sale of substantially all of the assets of the corporation) as provided by Maryland law. The ACST AIMF Declaration grants shareholders power to vote only with respect to the following: (i) election of trustees, provided that a meeting of shareholders has been called for that purpose; (ii) removal of trustees, provided that a meeting of shareholders has been called for that purpose; (iii) termination of ACST AIMF or a series or class of its shares of beneficial interest, provided that a meeting of shareholders has been called for that purpose; (iv) sale of all or substantially all of the assets of ACST AIMF or one of its investment portfolios; (v) merger or consolidation of ACST AIMF or any of its investment portfolios, with certain exceptions; (vi) approval of any amendments to shareholders' voting rights under the ACST AIMF Declaration; and (vii) approval of such additional matters as may be required by law or as the trustees, in their sole discretion, shall determine.