Majority Trustee Vote definition

Majority Trustee Vote means the vote of a majority of the Trustees;
Majority Trustee Vote means the voting standard set forth in Article II, Section 4 of the Bylaws;
Majority Trustee Vote means (a) with respect to a vote of the Board of Trustees, a vote of the majority of the Trustees then in office;, and a separate vote of a majority of the Continuing Trustees; and (b) with respect to a vote of a committee or sub-committee of the Board of Trustees, a vote of the majority of the members of such committee or sub-committee, and a separate vote of a majority of the Continuing Trustees that are members of such committee or sub-committee;

Examples of Majority Trustee Vote in a sentence

  • Any such amendment, having been approved by a Majority Trustee Vote, shall become effective, unless otherwise provided by such Trustees, upon being executed by a duly authorized officer of the Trust.

  • Subject to the requirements of the Governing Instrument and the 1940 Act, the Trustees by Majority Trustee Vote may delegate to any Trustee or Trustees or committee or sub-committee of Trustees, officer or officers of the Trust or any agent of the Trust authority to approve particular matters or take particular actions on behalf of the Trust or any portfolio thereof.

  • Any action that may be taken by the Board of Trustees or any committee or sub-committee thereof by majority vote of those present at a meeting duly called and at which a quorum required by the Bylaws is present, may also be taken by written consent of a Majority Trustee Vote of the Trustees or members of the committee or sub-committee, as the case may be, without a meeting, provided that the writing or writings are filed with the minutes of proceedings of the Board or committee or sub-committee.


More Definitions of Majority Trustee Vote

Majority Trustee Vote means (a) with respect to a vote of the Board of Trustees, a vote of the majority of the Trustees then in office, and, if there is one or more Continuing Trustees, a separate vote of a majority of the Continuing Trustees; and (b) with respect to a vote of a committee or sub-committee of the Board of Trustees, a vote of the majority of the members of such committee or sub-committee, and, if there is one or more Continuing Trustees on such committee or sub-committee, a separate vote of a majority of the Continuing Trustees that are members of such committee or sub-committee;
Majority Trustee Vote. (a) with respect to a vote of the Board of Trustees, the vote of a majority of the Trustees then in office and (b) with respect to a vote of a committee or sub-committee of the Board of Trustees, a vote of the majority of the members of such committee or sub-committee;
Majority Trustee Vote means the vote of a majority of the total number of Trustees then holding office; (r) The "1940 Act" means the Investment Company Act of 1940, as amended from time to time, and the rules promulgated thereunder; (s) "Outstanding Shares" means Shares shown on the books of the Trust or the Trust's transfer agent as then issued and outstanding, but excludes Shares of the Trust that the Trust has redeemed or repurchased; (t) "Principal Shareholder" has the meaning specified in Section 6.2(b); (u) "Shareholder" means a record owner of Outstanding Shares of the Trust; (v) "Shares" means, as to the Trust or Class thereof, the equal proportionate transferable units of beneficial interest into which the beneficial interest of the Trust or such Class thereof shall be divided and may include fractions of Shares in 1/1000th of a Share or integral multiples thereof as well as whole Shares; (w) The "Trust" means ▇▇▇▇▇▇▇▇▇ Fund Ltd., the Delaware statutory trust established hereby; (x) The "Trustees" means the individuals who have signed this Agreement as trustees so long as they shall continue to serve as trustees of the Trust in accordance with the terms hereof, and all other individuals who may from time to time be duly appointed as Trustee in accordance with the provisions of Section 3.4, or elected as Trustee by the Shareholders, and reference herein to a Trustee or to the Trustees shall refer to such individuals in their capacity as Trustees hereunder; and (y) "Trust Property" means any and all property, real or personal, tangible or intangible, which is owned or held by or for the account of the Trust.
Majority Trustee Vote means the vote of a majority of the Trustees; (o) The "1940 Act" means the Investment Company Act of 1940, as amended from time to time; (p) "Outstanding Shares" means Shares shown on the books of the Trust or its transfer agent as then issued and outstanding, and includes Shares of one Portfolio that the Trust has purchased on behalf of another Portfolio, but excludes Shares of a Portfolio that the Trust has redeemed or repurchased; (q) "Person" has the meaning specified in Section 2(a)(28) of the 1940 Act, as modified by or interpreted by any applicable order or orders of the Commission or any rules or regulations adopted or interpretive releases of the Commission or its staff thereunder; (r) "Portfolio" means a series of Shares of the Trust within the meaning of Section 3806(b) of the Delaware Act, established in accordance with the provisions of Section 2.3(a); (s) "Principal Underwriter" has the meaning specified in Section 2(a)(29) of the 1940 Act, as modified by or interpreted by any applicable order or orders of the Commission or any rules or regulations adopted or interpretive releases of the Commission or its staff thereunder; (t) "Proportionate Interest" has the meaning specified in Section 2.5(d); (u) "Purchasing Portfolio" has the meaning specified in Section 2.9; (v) "Schedule A" has the meaning specified in Section 2.3(a); (w) "Selling Portfolio" has the meaning specified in Section 2.9; (x) "Shareholder" means a record owner of Outstanding Shares of the Trust; (y) "Shares" (each, a "Share") means, as to a Portfolio or any Class thereof, the equal proportionate transferable units of beneficial interest into which the beneficial interest of such Portfolio or such Class thereof shall be divided and may include fractions of Shares in 1/1000 of a Share or integral multiples thereof as well as whole Shares; (z) The "Trust" means Old Mutual Funds III, a Delaware statutory trust established under this Agreement. Reference to the Trust, when applicable to one or more Portfolios, refers to each such Portfolio; (aa) The "Trustees" means the Persons who have signed this Agreement as trustees so long as they continue to serve as trustees of the Trust in accordance with the terms hereof, and all other Persons who may from time to time be duly appointed as Trustee in accordance with the provisions of Section 3.4, or elected as Trustee by the Shareholders, and reference herein to a Trustee or to the Trustees refers to such Persons in their capacity as Trus...
Majority Trustee Vote. (a) with respect to a vote of the Board of Trustees, the vote of a majority of the Trustees then in office and (b) with respect to a vote of a committee or sub- committee of the Board of Trustees, a vote of the majority of the members of such committee or sub-committee; (o) “Outstanding Shares” shall mean Shares shown on the books of the Trust or the Trust’s transfer agent as then issued and outstanding, but excludes Shares that the Trust has repurchased; (p) “Proportionate Interest” shall have the meaning specified in Section 2.5(c); (q) “Record Owner” shall mean, as of any particular time, a record owner of Outstanding Shares of the Trust shown on the books of the Trust or the Trust’s transfer agent as then issued and outstanding at such time; (r) “Registration Statement” shall mean the Trust’s registration statement or statements as filed with the Commission, as from time to time in effect and shall include any prospectus or statement of additional information forming a part thereof; (s) “Schedule A” shall have the meaning specified in Section 2.3;

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