Common use of Delegation; Committees Clause in Contracts

Delegation; Committees. The Trustees shall have the power, consistent with their continuing exclusive authority over the management of the Trust and the Trust Property, to delegate from time to time to such of their number or to officers, employees or agents of the Trust the doing of such things, including any matters set forth in this Declaration, and the execution of such instruments either in the name of the Trust or the names of the Trustees or otherwise as the Trustees may deem expedient. The Trustees may designate one or more committees which shall have all or such lesser portion of the authority of the entire Board of Trustees as the Trustees shall determine from time to time except to the extent action by the entire Board of Trustees or particular Trustees is required by the 1940 Act.

Appears in 38 contracts

Samples: Agreement and Declaration of Trust (AIP Alternative Lending Fund A), Agreement and Declaration of Trust (Blackstone Senior Floating Rate Term Fund), Agreement and Declaration of Trust (Blackstone Senior Floating Rate Term Fund)

AutoNDA by SimpleDocs

Delegation; Committees. The Trustees shall have the power, consistent with their continuing exclusive authority over the management of the Trust and the Trust Property, to delegate from time to time to such of their number or to officers, employees or agents of the Trust the doing of such things, including any matters set forth in this Declaration, and the execution of such instruments either in the name of the Trust or the names of the Trustees or otherwise as the Trustees may deem expedient. The Trustees may designate one or more committees which shall have all or such lesser portion of the authority of the entire Board of Trustees as the Trustees shall determine from time to time except to the extent action by the entire Board of Trustees or particular Trustees is required by the 1940 Act0000 Xxx.

Appears in 38 contracts

Samples: Agreement and Declaration of Trust (BlackRock Multi-Sector Opportunities Trust II), Agreement and Declaration of Trust (BlackRock Fixed Income Value Opportunities II), Agreement and Declaration of Trust (BlackRock Multi-Sector Opportunities Trust Series I)

Delegation; Committees. The Trustees shall have the power, consistent with their continuing exclusive authority over the management of the Trust and the Trust Property, to delegate from time to time to such of their number or to officers, employees or agents of the Trust the doing of such things, including any matters set forth in this Declaration, things and the execution of such instruments either in the name of the Trust or the names of the Trustees or otherwise as the Trustees may deem expedient. The Trustees may designate one or more committees each of which shall have all or such lesser portion of the power and authority of the entire Board of Trustees as the Trustees shall determine from time to time time, except to the extent action by the entire Board of Trustees or particular Trustees is required by the 1940 Act0000 Xxx.

Appears in 23 contracts

Samples: Agreement and Declaration of Trust (Gabelli Healthcare & WellnessRx Trust), Agreement and Declaration of Trust (Reaves Global Utility & Energy Income Fund), Agreement and Declaration of Trust (Gabelli Global Utility & Income Trust)

Delegation; Committees. The Trustees shall have the power, consistent with their continuing exclusive authority over the management of the Trust and the Trust Property, to delegate from time to time to such of their number or to officers, employees or agents of the Trust the doing of such things, including any matters set forth in this Declaration, and the execution of such instruments either in the name of the Trust or the names of the Trustees or otherwise as the Trustees may deem expedient. The Trustees may designate one or more committees which shall have all or such lesser portion of the authority of the entire Board of Trustees as the Trustees shall determine from time to time except to the extent action by the entire Board of Trustees or particular Trustees is required by the 1940 Act. Each committee of the Board of Trustees shall be comprised of one or more members as determined by the Trustees or the members of such committee.

Appears in 14 contracts

Samples: Agreement and Declaration of Trust (BlackRock Private Credit Fund), Agreement and Declaration of Trust (BlackRock Private Credit Fund), Agreement and Declaration (Booster Income Opportunities Fund)

Delegation; Committees. The Trustees shall have the power, consistent with their continuing exclusive authority over the management of the Trust and the Trust Property, to delegate from time to time to such of their number or to officers, employees or agents of the Trust the doing of such things, including any matters set forth in this Declaration, and the execution of such instruments either in the name of the Trust or the names of the Trustees or otherwise as the Trustees may deem expedientexpedient or appropriate to the extent permitted by law. The Trustees may designate one or more committees which shall have all or such lesser portion of the authority of the entire Board of Trustees as the Trustees shall determine from time to time except to the extent action by the entire Board of Trustees or particular Trustees is required by the 1940 Act.

Appears in 13 contracts

Samples: Agreement and Declaration of Trust (StepStone Private Credit Income Fund), Agreement and Declaration of Trust (Axxes Private Markets Fund), Agreement and Declaration of Trust (Axxes Private Markets Fund)

Delegation; Committees. The Trustees shall have the power, consistent with their continuing exclusive authority over the management of the Trust and the Trust Property, to delegate from time to time to such of their number or to officers, employees or agents of the Trust the doing of such things, including any matters set forth in this Declaration, things and the execution of such instruments either in the name of the Trust or the names of the Trustees or otherwise as the Trustees may deem expedient. The Trustees may designate one or more committees each of which shall have all or such lesser portion of the power and authority of the entire Board of Trustees as the Trustees shall determine from time to time time, except to the extent action by the entire Board of Trustees or particular Trustees is required by the 1940 Act.

Appears in 11 contracts

Samples: Agreement and Declaration of Trust (Global Real Estate Investments Fund), Agreement and Declaration of Trust (Gabelli Global Gold, Natural Resources & Income Trust), Global Real Estate Opportunity Trust

Delegation; Committees. The Trustees shall have the power, consistent with their continuing exclusive authority over the management of the Trust and the Trust Property, to delegate from time to time to such of their number or to officers, employees or agents of the Trust the doing of such things, including any matters set forth in this Declaration, and the execution of such instruments either in the name of the Trust or the names of the Trustees or otherwise as the Trustees may deem expedient. The Trustees may designate one or more committees which shall have all or such lesser portion of the authority of the entire Board of Trustees as the Trustees shall determine from time to time except to the extent action by the entire Board of Trustees or particular Trustees is required by the 1940 Act1000 Xxx.

Appears in 11 contracts

Samples: Agreement and Declaration (BlackRock Multi-Sector Income Trust), Agreement and Declaration of Trust (Morgan Creek Global Equity Long/Short Fund), Agreement and Declaration of Trust (Morgan Creek Global Equity Long/Short Institutional Fund)

Delegation; Committees. The Trustees shall have the power, consistent with their continuing exclusive authority over the management of the Trust and the Trust Property, to delegate from time to time to such of their number or to officers, employees or agents of the Trust the doing of such things, including any matters set forth in this Declaration, things and the execution of such instruments either in the name of the Trust or the names of the Trustees or otherwise as the Trustees may deem expedient. The Trustees may designate one or more committees each of which shall have all or such lesser portion of the power and authority of the entire Board of Trustees as the Trustees shall determine from time to time time, except to the extent action by the entire Board of Trustees or particular Trustees is required by the 1940 Act.0000 Xxx. 3.11

Appears in 7 contracts

Samples: Agreement and Declaration of Trust (Gabelli Global Utility & Income Trust), Agreement and Declaration of Trust (Gabelli Dividend & Income Trust), Agreement and Declaration (GDL Fund)

Delegation; Committees. The Trustees shall have the power, consistent with their continuing exclusive authority over the management of the Trust and the Trust Property, to delegate from time to time to such of their number or to officers, employees or agents of the Trust the doing of such things, including any matters set forth in this Declaration, and the execution of such instruments either in the name of the Trust or the names of the Trustees or otherwise as the Trustees may deem expedientexpedient or appropriate to the extent permitted by law. The Trustees may designate one or more committees which shall have all or such lesser portion of the authority of the entire Board of Trustees as the Trustees shall determine from time to time except to the extent action by the entire Board of Trustees or particular Trustees is required by the 1940 Act0000 Xxx.

Appears in 4 contracts

Samples: Agreement and Declaration of Trust (Conversus StepStone Private Venture & Growth Fund), Agreement and Declaration of Trust (Conversus StepStone Private Markets), Agreement and Declaration of Trust (Ramius Archview Credit & Distressed Fund)

Delegation; Committees. The Trustees shall have the power, consistent with their continuing exclusive authority over the management of the Trust and the Trust Property, to delegate from time to time to such of their number or to officers, employees or agents of the Trust the doing of such things, including any matters set forth in this Declaration, and the execution of such instruments either in the name of the Trust or the names of the Trustees or otherwise as the Trustees may deem expedient. The Trustees may designate one or more committees which shall have all or such lesser portion of the authority of the entire Board of Trustees as the Trustees shall determine from time to time except except, for so long as the Trust shall remain registered as an investment company under the 1940 Act, to the extent action by the entire Board of Trustees or particular Trustees is required by the 1940 Act0000 Xxx.

Appears in 4 contracts

Samples: Agreement and Declaration of Trust (Nexpoint Diversified Real Estate Trust), Real Estate Trust Agreement and Declaration of Trust, Agreement and Declaration of Trust (NexPoint Strategic Opportunities Fund)

Delegation; Committees. The Trustees shall have the power, consistent with their continuing exclusive authority over the management of the Trust and the Trust Property, to delegate from time to time to such of their number or to officers, employees or agents of the Trust the doing of such things, including any matters set forth in this Declaration, things and the execution of such instruments either in the name of the Trust or the names of the Trustees or otherwise as the Trustees may deem expedient. The Trustees may designate one or more committees each of which shall have all or such lesser portion of the power and authority of the entire Board of Trustees as the Trustees shall determine from time to time time, except to the extent action by the entire Board of Trustees or particular Trustees is required by the 1940 Act0000 Xxx. 3.11.

Appears in 2 contracts

Samples: Agreement and Declaration (Gabelli Utility Trust), Gabelli Utility Trust

AutoNDA by SimpleDocs

Delegation; Committees. The Trustees shall have the power, consistent with their continuing exclusive authority over the management of the Trust Fund and the Trust Fund Property, to delegate from time to time to such of their number or to officers, employees or agents of the Trust Fund the doing of such things, including any matters set forth in this Declaration, things and the execution of such instruments either in the name of the Trust Fund or the names of the Trustees or otherwise as the Trustees may deem expedient. The Trustees may designate one or more committees each of which shall have all or such lesser portion of the power and authority of the entire Board of Trustees as the Trustees shall determine from time to time time, except to the extent action by the entire Board of Trustees or particular Trustees is required by the 1940 Act0000 Xxx.

Appears in 2 contracts

Samples: Agreement and Declaration of Fund (GDL Fund), Agreement and Declaration (Gabelli Global Deal Fund)

Delegation; Committees. The Trustees shall have the power, consistent with their continuing exclusive authority over the management of the Trust and the Trust Property, to delegate from time to time to such of their number or to officers, employees or agents of the Trust the doing of such things, including any matters set forth in this Declaration, and the execution of such instruments either in the name of the Trust or the names of the Trustees or otherwise as the Trustees may deem expedientexpedient or appropriate to the extent permitted by law. The Trustees may designate one or more committees which shall have all or such lesser portion of the authority of the entire Board of Trustees as the Trustees shall determine from time to time except to the extent action by the entire Board of Trustees or particular Trustees is required by the 1940 Act1000 Xxx.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Calamos-Avenue Opportunities Fund)

Delegation; Committees. The Trustees shall have the power, consistent with their continuing exclusive authority over the management of the Trust and the Trust Property, to delegate from time to time to such of their number or to officers, employees or agents of the Trust the doing of such things, including any matters set forth in this Declaration, things and the execution execu tion of such instruments either in the name of the Trust or the names of the Trustees or otherwise as the Trustees may deem expedient. The Trustees may designate one or more committees each of which shall have all or such lesser portion of the power and authority of the entire Board of Trustees as the Trustees shall determine from time to time time, except to the extent action by the entire Board of Trustees or particular Trustees is required by the 1940 Act.

Appears in 1 contract

Samples: Gabelli Dividend & Income Trust

Delegation; Committees. The Trustees shall have the power, consistent with their continuing exclusive authority over the management of the Trust Fund and the Trust Fund Property, to delegate from time to time to such of their number or to officers, employees or agents of the Trust Fund the doing of such things, including any matters set forth in this Declaration, things and the execution of such instruments either in the name of the Trust Fund or the names of the Trustees or otherwise as the Trustees may deem expedient. The Trustees may designate one or more committees each of which shall have all or such lesser portion of the power and authority of the entire Board of Trustees as the Trustees shall determine from time to time time, except to the extent action by the entire Board of Trustees or particular Trustees is required by the 1940 Act.

Appears in 1 contract

Samples: Agreement and Declaration of Fund (Gabelli Global Deal Fund)

Delegation; Committees. The Trustees shall have the power, consistent with their continuing exclusive authority over the management of the Trust and the Trust Property, to delegate from time to time to such of their number or to officers, employees or agents of the Trust the doing of such things, including any matters set forth in this Declaration, and the execution of such instruments either in the name of the Trust or the names of the Trustees or otherwise as the Trustees may deem expedient. The voting Trustees may designate one or more committees which shall have all or such lesser portion of the authority of the entire Board of Trustees as the Trustees shall determine from time to time except to the extent action by the entire Board of Trustees or particular Trustees is required by the 1940 Acttime.

Appears in 1 contract

Samples: Urx Acquisition Trust Agreement (URX Acquisition Trust)

Delegation; Committees. The Trustees shall have the power, consistent with their continuing exclusive authority over the management of the Trust and the Trust Property, to delegate from time to time to such of their number or to officers, employees or agents of the Trust the doing of such things, including any matters set forth in this Declaration, things and the execution of such instruments either in the name of the Trust or the names of the Trustees or otherwise as the Trustees may deem expedient. The Trustees may designate one or more committees each of which shall have all or such lesser portion of the power and authority of the entire Board of Trustees as the Trustees shall determine from time to time time, except to the extent action by the entire Board of Trustees or particular Trustees is required by the 1940 Act1000 Xxx.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Gabelli Global Healthcare & WellnessRx Trust)

Time is Money Join Law Insider Premium to draft better contracts faster.