Exchange Listing definition
Examples of Exchange Listing in a sentence
After an Exchange Listing (if any), the Trust may be dissolved by the affirmative vote or consent of at least a majority of the Trustees and seventy-five percent (75%) of the Continuing Trustees, without the vote of the Shareholders.
Shareholders shall have no power to vote on any matter except matters on which a vote of Shareholders is required by the 1940 Act, this Declaration or resolution of the Trustees or, after an Exchange Listing (if any), by any applicable stock exchange.
Prior to an Exchange Listing (if any), unless otherwise determined by the Trustees, prospective Shareholders will make a Capital Commitment pursuant to one or more subscription agreements entered into with the Trust, pursuant to which Shareholders agree to contribute capital to the Trust in exchange for Shares.