Powers of the Trustees. Subject to the provisions of this Declaration of Trust, the business of the Trust shall be managed by the Trustees, and they shall have all powers necessary or convenient to carry out that responsibility and the purpose of the Trust. Without limiting the foregoing, the Trustees may adopt Bylaws not inconsistent with this Declaration of Trust providing for the conduct of the business and affairs of the Trust and may amend and repeal them to the extent that such Bylaws do not reserve that right to the Shareholders; they may as they consider appropriate elect and remove officers and appoint and terminate agents and consultants and hire and terminate employees, any one or more of the foregoing of whom may be a Trustee, and may provide for the compensation of all of the foregoing; they may appoint from their own number, and terminate, any one or more committees consisting of two or more Trustees, including without implied limitation an executive committee, which may, when the Trustees are not in session and subject to the 1940 Act, exercise some or all of the power and authority of the Trustees as the Trustees may determine; in accordance with Section 3.3 they may employ one or more advisers, administrators, depositories and custodians and may authorize any depository or custodian to employ subcustodians or agents and to deposit all or any part of such assets in a system or systems for the central handling of securities and debt instruments, retain transfer, dividend, accounting or Shareholder servicing agents or any of the foregoing, provide for the distribution of Shares by the Trust through one or more distributors, principal underwriters or otherwise, set record dates or times for the determination of Shareholders or various of them with respect to various matters; they may compensate or provide for the compensation of the Trustees, officers, advisers, administrators, custodians, other agents, consultants and employees of the Trust or the Trustees on such terms as they deem appropriate; and in general they may delegate to any officer of the Trust, to any committee of the Trustees and to any employee, adviser, administrator, distributor, principal underwriter, depository, custodian, transfer and dividend disbursing agent, or any other agent or consultant of the Trust such authority, powers, functions and duties as they consider desirable or appropriate for the conduct of the business and affairs of the Trust, including without implied limitation the power an...
Powers of the Trustees. Without limiting the provisions of Section 5.1, the Trust shall have power and authority:
Powers of the Trustees. 10 Section 4.1 Powers............................................ 10 Section 4.2 Issuance and Repurchase of Shares................. 14 Section 4.3 Trustees and Officers as Shareholders............. 15 Section 4.4 Action by the Trustees and Committees............. 15 Section 4.5 Chairman of the Trustees.......................... 15 Section 4.6 Principal Transactions............................ 16
Powers of the Trustees. Without limiting the provisions of Section 5.1, the Trustees shall have power and authority:
Powers of the Trustees. In addition to all other powers vested in them by this Deed or by law the Trustees shall have the following powers:
Powers of the Trustees. The Administrative Trustees shall have the exclusive power and authority to cause the Trust to engage in the following activities:
Powers of the Trustees. SECTION 4.01
Powers of the Trustees. 6 SECTION 3.1.
Powers of the Trustees. 6 SECTION 3.1. Powers in General 6 (a) Investments 6 (b) Disposition of Assets 7 (c) Ownership Powers 7 (d) Form of Holding 7 (e) Reorganization, etc. 7 (f) Voting Trusts, etc. 7 (g) Contracts, etc. 7 (h) Guarantees, etc. 7 (i) Partnerships, etc. 8 (j) Insurance 8 (k) Pensions, etc 8 (l) Power of Collection and Litigation 8 (m) Issuance and Repurchase of Shares 8 (n) Offices 8 (o) Expenses 8 (p) Agents, etc. 9 (q) Accounts 9 (r) Valuation 9 (s) Indemnification 9 (t) General 9 SECTION 3.2. Borrowings; Financings; Issuance of Securities 9 SECTION 3.3. Deposits 9 SECTION 3.4. Allocations 10
