Central Certificate System. Subject to such rules, regulations and orders as the Commission may adopt, the Trustees may direct the custodian to deposit all or any part of the securities owned by the Trust in a system for the central handling of securities established by a national securities exchange or a national securities association registered with the Commission under the Securities Exchange Act of 1934, or such other Person as may be permitted by the Commission, or otherwise in accordance with the 1940 Act, pursuant to which system all securities of any particular class of any issuer deposited within the system are treated as fungible and may be transferred or pledged by bookkeeping entry without physical delivery of such securities, provided that all such deposits shall be subject to withdrawal only upon the order of the Trust.
Central Certificate System. 18 ARTICLE VIII Redemption
Central Certificate System. Subject to such rules, regulations and orders as the Commission may adopt, the Board of Trustees may direct the custodian to deposit all or any part of the securities owned by the Trust in a system for the central handling of securities established by a national securities exchange or a national securities association registered with the Commission under the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or such other Person as may be permitted by the Commission, or otherwise in accordance with the 1940 Act, pursuant to which system all securities of any particular class of any issuer deposited within the system are treated as fungible and may be transferred or pledged by bookkeeping entry without physical delivery of such securities, provided that all such deposits shall be subject to withdrawal only upon the order of the Trust.
Central Certificate System. 19 ARTICLE VIII..................................Redemption 19
Central Certificate System. Subject to the 1940 Act and such other rules, regulations and orders as the Commission may adopt, the Trustees may direct the custodian to deposit all or any part of the securities owned by the Trust in a system for the central handling of securities established by a national securities exchange or a national securities association registered with the Commission under the Securities Exchange Act of 1934, as amended, or such other person as may be permitted by the Commission, or otherwise in accordance with the 1940 Act, pursuant to which system all securities of any particular class or series of any issuer deposited within the system are treated as fungible and may be transferred or pledged by bookkeeping entry without physical delivery of such securities, provided that all such deposits shall be subject to withdrawal only upon the order of the Trust or its custodians, sub-custodians or other agents.
Central Certificate System. 19 Section 7.4 Acceptance of Receipts in Lieu of Certificates......... 19 ARTICLE VIII -- REDEMPTION............................................... 19 Section 8.1 Redemptions............................................ 19 Section 8.2 Redemptions of Accounts of Less than a Minimum Dollar Amount................................................. 19 ARTICLE IX -- DETERMINATION OF NET ASSET VALUE, NET INCOME AND DISTRIBUTIONS........................................ 20
Central Certificate System. 13 ARTICLE IX --
Central Certificate System. 8 ARTICLE XI Indemnification of Trustees, Officers, Employees and Other Agents ...... 8 Section 1. Agents, Proceedings, Expenses .................................... 8 Section 2. Indemnification .................................................. 8
Central Certificate System. 20 Section 7.4 Acceptance of Receipts in Lieu of Certificates ......... 20 ARTICLE VIII -- REDEMPTION
Central Certificate System. Subject to applicable rules, regulations and orders adopted by the Commission, the Trustees may direct the Custodian to deposit all or any part of the securities owned by the Trust in a system for the central handling of securities established by
