National Financial Emergency definition

National Financial Emergency means the whole or any part of any period set forth in Section 22(e) of the 1940 Act. The Board of Trustees may, in its discretion, declare that the suspension relating to a national financial emergency shall terminate, as the case may be, on the first business day on which the New York Stock Exchange shall have reopened or the period specified in Section 22(e) of the 1940 Act shall have expired (as to which, in the absence of an official ruling by the Commission, the determination of the Board of Trustees shall be conclusive);

National Financial Emergency means the whole or any part of any period during (i) which an emergency exists as a result of which disposal by the Trust of securities or other assets owned by the Trust is not reasonably practicable; (ii) which it is not reasonably practicable for the Trust fairly to determine the net asset value of its assets; or (iii) such other period as the Commission may by order permit for the protection of investors;

National Financial Emergency. (p) “Person”

Examples of National Financial Emergency in a sentence

• Moreover, redemptions may be suspended in the event of a National Financial Emergency.

• The Board of Trustees may, in its discretion, declare that the suspension relating to a National Financial Emergency shall terminate, as the case may be, on the first business day on which the Exchange shall have reopened or the period specified above shall have expired (as to which, in the absence of an official ruling by the Commission, the determination of the Board of Trustees shall be conclusive).

• The obligations set forth in this Section 2 are subject to the provision that such obligations may be suspended or postponed by the Board of Trustees (1) during any time the New York Stock Exchange (the "Exchange") is closed for other than weekends or holidays; (2) if permitted by the rules of the Commission, during periods when trading on the Exchange is restricted; or (3) during any National Financial Emergency.

• The obligations of the Trust set forth in this Section 2 are subject to the provision that such obligations may be suspended or postponed by the Board of Trustees (1) during any time the New York Stock Exchange (the "Exchange") is closed for other than weekends or holidays; (2) if permitted by the rules of the Commission, during periods when trading on the Exchange is restricted; or (3) during any National Financial Emergency.

• The obligations of the Trust, or the applicable Series thereof, set forth in this Section 4 are subject to the provision that such obligations may be suspended or postponed by the Board of Administrative Trustees (i) during any time the New York Stock Exchange (the “Exchange”) is closed for other than weekends or holidays; (ii) if permitted by the rules of the Commission, during periods when trading on the Exchange is restricted; or (iii) during any National Financial Emergency.

More Definitions of National Financial Emergency

National Financial Emergency means the whole or any part of any period set forth in Section 22(e) of the 1940 Act. The Board of Trustees may, in its discretion, declare that the suspension relating to a national financial emergency shall terminate, as the case may be, on the first business day on which the New York Stock Exchange shall have reopened or the period specified in Section 22(e) of the 1940 Act shall have expired (as to which, in the absence of an official ruling by the Commission, the determination of the Board of Trustees shall be conclusive).

National Financial Emergency means the whole or any part of any period set forth in Section 22(e) of the 1940 Act. The Board of Trustees may, in its discretion, declare that the suspension relating to a national financial emergency shall terminate, as the case may be, on the first business day on which the New York Stock Exchange shall have reopened or the period specified in Section 22(e) of the 1940 Act shall have expired (as to which, in the absence of an official ruling by the Commission, the determination of the Board of Trustees shall be conclusive); (q) "Person" shall include a natural person, partnership, limited partnership, trust, estate, association, corporation, custodian, nominee or any other individual or entity in its own or any representative capacity; (r) "Principal Underwriter" shall have the meaning given to it in Section 2(a)(29) of the 1940 Act; (s) "Series" means a series of Shares of the Trust established in accordance with the provisions of Article III, Section 6; (t) "Shares" shall mean the outstanding shares of beneficial interest into which the beneficial interest in the Trust shall be divided from time to time, and shall include fractional and whole shares; (u) "Shareholder" shall mean a record owner of Shares; (v) "Trust" shall refer to the Delaware statutory trust established by this Declaration of Trust, as amended from time to time; (w) "Trust Property" shall mean any and all property, real or personal, tangible or intangible, which is owned or held by or for the account of the Trust or one or more of any Series, including, without limitation, the rights referenced in Article IX, Section 2 hereof; (x) "Trustee" or "Trustees" shall refer to each signatory to this Declaration of Trust as a trustee, so long as such signatory continues in office in accordance with the terms hereof, and all other Persons who may, from time to time, be duly elected or appointed, qualified and serving on the Board of Trustees in accordance with the provisions hereof. Reference herein to a Trustee or the Trustees shall refer to such Person or Persons in their capacity as Trustees hereunder.

National Financial Emergency. 3 (n) "Person" 3 (o) "Principal Underwriter" 3 (p) "Series" 3 (q) "Shares" 3 (r) "Shareholder" 3 (s) "Trust" 4 (t) "Trust Property" 4 (u) "Trustee" or "Trustees" 4

National Financial Emergency means the whole or any part of any period during (i) which an emergency exists as a result of which disposal by the Trust of securities or other assets owned by the Trust is not reasonably practicable; (ii) which it is not reasonably practicable for the Trust fairly to determine the net asset value of its assets; or (iii) such other period as the Commission may by order permit for the protection of investors; (o) "Person" shall mean a natural person, partnership, limited partnership, limited liability company, trust, estate, association, corporation, organization, custodian, nominee or any other individual or entity in its own or any representative capacity, in each case, whether domestic or foreign, and a statutory trust or a foreign statutory or business trust; (p) "Principal Underwriter" shall have the meaning given that term in the 1940 Act; (q) "Series" shall mean each Series of Shares established and designated under and in accordance with the provisions of Article III hereof;

National Financial Emergency means the whole or any part of any period during (i) which an emergency exists as a result of which disposal by the Trust of securities or other assets owned by the Trust is not reasonably practicable; (ii) which it is not reasonably practicable for the Trust fairly to determine the net asset value of its assets; or (iii) such other period as the Commission may by order permit for the protection of investors; (n) "Person" shall mean a natural person, partnership, limited partnership, limited liability company, trust, estate, association, corporation, organization, custodian, nominee or any other individual or entity in its own or any representative capacity, in each case, whether domestic or foreign, and a statutory trust or a foreign statutory trust; --------------------------------------------------------------------------------

National Financial Emergency. 4 (p) "Person" 4 (q) "Principal Underwriter" 4 (r) "Series" 4 (s) "Shares" 4 (t) "Shareholder" 4 (u) "Trust" 5 (v) "Trust Property" 5 (w) "Trustee" or "Trustees". 5 ARTICLE II. Purpose of Trust 5 ARTICLE III.

National Financial Emergency. Error! Bookmark not defined. (s) "Original Agreement" Error! Bookmark not defined. (t) "Partnership" Error! Bookmark not defined. (u) "Partnership Agreement" Error! Bookmark not defined. (v) "Partnership Property" Error! Bookmark not defined. (w) "Person" Error! Bookmark not defined. (x) "Principal Underwriter" Error! Bookmark not defined. (y) "Series" Error! Bookmark not defined. ARTICLE II. Purpose of the Partnership Error! Bookmark not defined. ARTICLE III.