Common use of Temporary Absence of Trustee Clause in Contracts

Temporary Absence of Trustee. Any Trustee may, by power of attorney, delegate his power for a period not exceeding six months at any one time to any other Trustee or Trustees, provided that in no case shall less than two Trustees personally exercise the other powers hereunder except as herein otherwise expressly provided.

Appears in 148 contracts

Samples: Agreement and Declaration (AMG Pantheon Credit Solutions Fund), And Restated Agreement and Declaration of Trust (Invesco High Income 2023 Target Term Fund), Agreement and Declaration of Trust (Invesco Total Property Market Income Fund)

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Temporary Absence of Trustee. Any Trustee may, by power of attorney, delegate his power for a period not exceeding six months at any one time to any other Trustee or Trustees, provided that in no case shall less fewer than two Trustees personally exercise the other powers hereunder except as herein otherwise expressly provided.

Appears in 100 contracts

Samples: And Restated Agreement and Declaration of Trust (Invesco High Income 2024 Target Term Fund), Agreement and Declaration (Invesco Trust for Investment Grade Municipals), Agreement and Declaration (Invesco Dynamic Credit Opportunity Fund)

Temporary Absence of Trustee. Any Trustee may, by power of attorney, delegate his power for a period not exceeding six months at any one time to any other Trustee or Trustees, provided that in no case shall less than two Trustees personally exercise the other powers hereunder except as herein otherwise expressly providedprovided or unless there is only one or two Trustees.

Appears in 98 contracts

Samples: Lending Fund Agreement (Variant Alternative Lending Fund), Agreement and Declaration (Redwood Real Estate Income Fund), Agreement and Declaration of Trust (Pender Real Estate Credit Fund)

Temporary Absence of Trustee. Any Trustee may, by power of attorney, delegate his power for a period not exceeding six months at any one time to any other Trustee or Trustees, provided that in no case shall less than two Trustees personally exercise the other powers hereunder except as herein otherwise expressly providedpower of attorney specifies the matter or matters on which the delegee may vote and the vote or votes to be cast, provided further, however, that a Trustee may not delegate his power to vote on any matter which requires an in-person vote of the Trustees.

Appears in 12 contracts

Samples: Agreement and Declaration of Trust (SFS Series Trust), Agreement and Declaration of Trust (Chesapeake Investment Trust), Agreement and Declaration of Trust (Chesapeake Investment Trust)

Temporary Absence of Trustee. Any Except as otherwise prohibited by law, any Trustee may, by power of attorney, delegate his or her power for a period not exceeding six months at any one time to any other Trustee or Trustees, provided that in no case shall less than two Trustees personally exercise the other powers hereunder hereunder, except as herein otherwise expressly provided.

Appears in 7 contracts

Samples: Agreement and Declaration (American Beacon Institutional Funds Trust), Agreement and Declaration (American Beacon Sound Point Enhanced Income Fund), Agreement and Declaration (American Beacon Apollo Total Return Fund)

Temporary Absence of Trustee. Any Trustee may, by power of attorney, delegate his or her power for a period not exceeding six months at any one time to any other Trustee or Trustees, provided that in no case shall less than two of the Trustees personally exercise the other powers power hereunder except as herein otherwise expressly provided.

Appears in 6 contracts

Samples: Agreement and Declaration of Trust (Pacific Select Fund), Agreement and Declaration of Trust (Pacific Select Fund), Agreement and Declaration of Trust (Pacific Select Fund)

Temporary Absence of Trustee. Any Trustee may, by power of attorney, delegate his power for a period not exceeding six months at any one time to any other Trustee or Trustees, provided that in no case shall less than two of the Trustees personally exercise the other powers power hereunder except as herein otherwise expressly provided.

Appears in 4 contracts

Samples: Agreement And (Pimco Advisors Institutional Funds), Uslico Series Fund (Uslico Series Fund/Va/), Agreement And (Palladian Trust)

Temporary Absence of Trustee. Any Trustee may, by power of attorney, delegate his or her power for a period not exceeding six months at any one time to any other Trustee or Trustees, provided that in no case shall less than two Trustees personally exercise the other powers hereunder except as herein otherwise expressly providedprovided or unless there is only one or two Trustees.

Appears in 3 contracts

Samples: New Alternatives Fund (New Alternatives Fund Inc), Agreement and Declaration of Trust (FSI Low Beta Absolute Return Fund), Agreement and Declaration of Trust (FSI Low Beta Absolute Return Fund, TEI)

Temporary Absence of Trustee. Any Trustee may, by power of attorney, delegate his power for a period not exceeding six months at any one time to any other Trustee or Trustees, provided that in no case shall less than two Trustees personally exercise the other powers hereunder except as herein otherwise expressly provided.or

Appears in 3 contracts

Samples: Aim Investment Securities Funds Inc, Aim Funds Group/De, Aim Special Opportunities Funds

Temporary Absence of Trustee. Any Trustee may, by power of attorney, delegate his power for a period not exceeding six months at any one time to any other Trustee or Trustees, provided that in no case shall less than two Trustees personally exercise the other powers hereunder except as herein otherwise expressly provided.hereunder. Section 3.6

Appears in 2 contracts

Samples: Ellsworth Fund LTD, Bancroft Fund LTD

Temporary Absence of Trustee. Any Trustee may, by power of ------------ ---------------------------- attorney, delegate his power for a period not exceeding six months at any one time to any other Trustee or Trustees, provided that in no case shall less than two Trustees personally exercise the other powers hereunder except as herein otherwise expressly provided.

Appears in 2 contracts

Samples: Agreement and Declaration of Trust (Ishares Trust), Agreement and Declaration of Trust (Ishares Trust)

Temporary Absence of Trustee. Any Trustee may, by power of attorney, delegate his power for a period not exceeding six (6) months at any one time to any other Trustee or Trustees, provided that in no case shall less than two (2) Trustees personally exercise the other powers hereunder except as herein otherwise expressly provided. Until a vacancy among the Trustees is filled, or while any Trustee is absent pursuant to this Section 3.05, the remaining Trustees shall have all powers hereunder, except as otherwise expressly provided herein.

Appears in 2 contracts

Samples: Advisorshares Trust (AdvisorShares Trust), Agreement and Declaration (Us Global Investors Funds)

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Temporary Absence of Trustee. Any Trustee may, by power of attorney, delegate his or her power for a period not exceeding six months at any one time to any other Trustee or Trustees, provided that in no case shall less than two Trustees personally exercise the other powers hereunder except as herein otherwise expressly provided.provided or unless there is only one or two Trustees. Section 3.5

Appears in 1 contract

Samples: New Alternatives Fund Agreement and Declaration (New Alternatives Fund Inc)

Temporary Absence of Trustee. Any Trustee may, by power of ---------------------------- attorney, delegate his power for a period not exceeding six months at any one time to any other Trustee or Trustees, provided that in no case shall less than two Trustees personally exercise the other powers hereunder except as herein otherwise expressly providedprovided or unless there is only one or two Trustees.

Appears in 1 contract

Samples: Provident Institutional Funds Agreement (Temporary Investment Fund Inc)

Temporary Absence of Trustee. Any Trustee may, by power of attorney, delegate his power for a period not exceeding six months at any one time to any other Trustee or Trustees, provided that in no case shall less than one (1) Trustee (two (2) Trustees if the Trust has any Outstanding Shares) personally exercise the other powers hereunder except as herein otherwise expressly provided.

Appears in 1 contract

Samples: Aim Millennium Alternative Strategies Fund

Temporary Absence of Trustee. Any Trustee may, by power of ---- ---------------------------- attorney, delegate his or her power for a period not exceeding six months at any one time to any other Trustee or Trustees, provided that in no case shall less than two of the Trustees personally exercise the other powers power hereunder except as herein otherwise expressly provided.

Appears in 1 contract

Samples: Pacific Select Fund

Temporary Absence of Trustee. Any Trustee may, by power of attorney, delegate his power for a period not exceeding six months at any one time to any other Trustee or Trustees, provided that in no case shall less than two Trustees personally exercise the other powers hereunder except as herein otherwise expressly provided.provided or unless there is only one or two Trustees. 7 | P a g e

Appears in 1 contract

Samples: Agreement and Declaration of Trust (ABS Global Equity Long/Short RIC)

Temporary Absence of Trustee. Any Trustee may, by power of attorney, delegate his power for a period not exceeding six months at any one time to any other Trustee or Trustees, provided that in no case shall less than two Trustees personally exercise the other powers hereunder except as herein otherwise expressly provided.provided or unless there is only one or two Trustees. 2.19

Appears in 1 contract

Samples: Investment Services for Education Associations Trust

Temporary Absence of Trustee. Any Trustee may, by power of attorney, delegate his or her power for a period not exceeding six (6) months at any one time to any other Trustee or Trustees, provided that in no case shall less than two Trustees personally exercise the other powers hereunder except as herein otherwise expressly providedpower of attorney specifies the matter or matters on which the delegee may vote and the vote or votes to be cast, provided further, however, that a Trustee may not delegate his or her power to vote on any matter which requires an in-person vote of the Trustees.

Appears in 1 contract

Samples: Agreement and Declaration (E-Valuator Funds Trust)

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