Common use of Trust Purpose Clause in Contracts

Trust Purpose. The purpose of the Trust is to conduct, operate and carry on the business of an open-end management investment company registered under the 1940 Act. In furtherance of the foregoing, it shall be the purpose of the Trust to do everything necessary, suitable, convenient or proper for the conduct, promotion and attainment of any businesses and purposes which at any time may be incidental or may appear conducive or expedient for the accomplishment of the business of an open end management investment company registered under the 1940 Act and which may be engaged in or carried on by a trust organized under the Act, and in connection therewith the Trust shall have the power and authority to engage in the foregoing, both within and without the State of Delaware, and may exercise all of the powers conferred by the laws of the State of Delaware upon a Delaware statutory trust.

Appears in 108 contracts

Samples: Agreement and Declaration of Trust (American Funds Target Date Retirement Series), Agreement and Declaration of Trust (American Funds College Target Date Series), Agreement and Declaration (Capital Group Fixed Income ETF Trust)

AutoNDA by SimpleDocs

Trust Purpose. The purpose of the Trust is to conduct, operate and carry on the business of an open-end management investment a business development company registered under within the meaning of the 1940 ActAct (as defined below). In furtherance of the foregoing, it shall be the purpose of the Trust to do everything necessary, suitable, convenient or proper for the conduct, promotion and attainment of any businesses and purposes which at any time may be incidental or may appear conducive or expedient for the accomplishment of the business of an open end management investment a business development company registered regulated under the 1940 Act and which may be engaged in or carried on by a trust organized under the ActDelaware Statutory Trust Statute, and in connection therewith the Trust shall have the power and authority to engage in the foregoing, both within and without the State of Delaware, foregoing and may exercise all of the powers conferred by the laws of the State of Delaware upon a Delaware statutory trust.

Appears in 23 contracts

Samples: Agreement and Declaration (Middle Market Apollo Institutional Private Lending), Onex Direct Lending BDC (Onex Direct Lending BDC Fund), Agreement and Declaration (Middle Market Apollo Institutional Private Lending)

Trust Purpose. The purpose of the Trust is to conduct, operate and carry on the business of an open-end management investment company registered under the 1940 Act. In furtherance of the foregoing, it shall be the purpose of the Trust to do everything necessary, suitable, convenient or proper for the conduct, promotion and attainment of any businesses and purposes which at any time may be incidental or may appear conducive or expedient for the accomplishment of the business of an open open-end management investment company registered under the 1940 Act and which may be engaged in or carried on by a trust organized under the Act, and in connection therewith the Trust shall have the power and authority to engage in the foregoing, both within and without the State of Delaware, foregoing and may exercise all of the powers conferred by the laws of the State of Delaware upon a Delaware statutory trust.

Appears in 12 contracts

Samples: Agreement and Declaration of Trust (Pacific Select Fund), Agreement and Declaration (Lord Abbett Trust I), Agreement and Declaration of Trust (Praxis Mutual Funds)

Trust Purpose. The purpose of the Trust is to conduct, operate and carry on the business of an open-a closed end management investment company registered under the 1940 ActAct (as defined below). In furtherance of the foregoing, it shall be the purpose of the Trust to do everything necessary, suitable, convenient or proper for the conduct, promotion and attainment of any businesses and purposes which at any time may be incidental or may appear conducive or expedient for the accomplishment of the business of an open a closed end management investment company registered under the 1940 Act and which may be engaged in or carried on by a trust organized under the ActDelaware Statutory Trust Statute, and in connection therewith the Trust shall have the power and authority to engage in the foregoing, both within and without the State of Delaware, foregoing and may exercise all of the powers conferred by the laws of the State of Delaware upon a Delaware statutory trust.

Appears in 12 contracts

Samples: Agreement and Declaration of Trust (Blackstone Senior Floating Rate Term Fund), Agreement and Declaration of Trust (Blackstone Senior Floating Rate Term Fund), Agreement and Declaration of Trust (Blackstone / GSO Floating Rate Enhanced Income Fund)

Trust Purpose. The purpose of the Trust is to conduct, operate and carry on the business of an opena closed-end management investment company registered under the 1940 Act. In furtherance of the foregoing, it shall be the purpose of the Trust to do everything necessary, suitable, convenient or proper for the conduct, promotion and attainment of any businesses and purposes which at any time may be incidental or may appear conducive or expedient for the accomplishment of the business of an open a closed-end management investment company registered under the 1940 Act and which may be engaged in or carried on by a trust organized under the Delaware Statutory Trust Act, and in connection therewith the Trust shall have the power and authority to engage in the foregoing, both within and without the State of Delaware, foregoing and may exercise all of the powers conferred by the laws of the State of Delaware upon a Delaware statutory trust.

Appears in 4 contracts

Samples: Agreement and Declaration of Trust (Triloma EIG Global Energy Fund), Agreement and Declaration of Trust (Triloma EIG Global Energy Term Fund I), Agreement and Declaration of Trust (Triloma EIG Global Energy Fund)

Trust Purpose. The purpose of the Trust is to conduct, operate and carry on the business of an open-end management investment company registered under the 1940 Act. In furtherance of the foregoing, it shall be the purpose of the Trust to do everything necessary, suitable, convenient or proper for the conduct, promotion and attainment of any businesses and purposes which at any time may be incidental or may appear conducive or expedient for the accomplishment of the business of an open end management investment company registered under the 1940 Act and which may be engaged in or carried on by a trust organized under the Act, and in connection therewith the Trust shall have the power and authority to engage in the foregoing, both within and without the State of Delaware, foregoing and may exercise all of the powers conferred by the laws of the State of Delaware upon a Delaware statutory trust.

Appears in 2 contracts

Samples: Declaration of Trust (Gabelli Innovations Trust), And Restated Agreement and Declaration of Trust (Gabelli Nextshares Trust)

AutoNDA by SimpleDocs

Trust Purpose. The purpose of the Trust is to conduct, operate and carry on the business of an open-end management investment company registered under a BDC within the meaning of the 1940 ActAct (as defined below). In furtherance of the foregoing, it shall be the purpose of the Trust to do everything necessary, suitable, convenient or proper for the conduct, promotion and attainment of any businesses and purposes which at any time may be incidental or may appear conducive or expedient for the accomplishment of the business of an open end management investment company registered a BDC regulated under the 1940 Act and which may be engaged in or carried on by a trust organized under the ActDelaware Statutory Trust Statute, and in connection therewith the Trust shall have the power and authority to engage in the foregoing, both within and without the State of Delaware, foregoing and may exercise all of the powers conferred by the laws of the State of Delaware upon a Delaware statutory trust.

Appears in 2 contracts

Samples: Agreement and Declaration (Kennedy Lewis Capital Co), Agreement and Declaration (Kennedy Lewis Capital Co)

Trust Purpose. The purpose of the Trust is to conduct, operate and carry on the business of an open-end management investment company registered under the 1940 Act. In furtherance of the foregoing, it shall be the purpose of the Trust to do everything necessary, suitable, convenient or proper for the conduct, promotion and attainment of any businesses and purposes which at any time may be incidental or may appear conducive or expedient for the accomplishment of the business of an open open-end management investment company registered under the 1940 Act and which may be engaged in or carried on by a trust organized under the Act, and in connection therewith the Trust shall have the power and authority to engage in the foregoing, both within and without the State of Delaware, foregoing and may exercise all of the powers conferred by the laws of the State of Delaware upon a Delaware statutory trust.. The initial Trustee is hereby authorized and directed to execute and file a certificate of trust in the office of the Secretary of State of the State of Delaware in the form attached hereto as Exhibit A.

Appears in 1 contract

Samples: Declaration of Trust (Aristotle Funds Series Trust)

Trust Purpose. The purpose of the Trust is to conduct, operate and carry on the business of an open-end management investment company registered under the 1940 ActAct through one or more Series. In furtherance of the foregoing, it shall be the purpose of the Trust to do everything necessary, suitable, convenient or proper for the conduct, promotion and attainment of any businesses and purposes which at any time may be incidental or may appear conducive or expedient for the accomplishment of the business of an open end management investment company registered under the 1940 Act and which may be engaged in or carried on by a trust organized under the Act, and in connection therewith the Trust shall have the power and authority to engage in the foregoing, both within and without the State of Delaware, and may exercise all of the powers conferred by the laws of the State of Delaware upon a Delaware statutory trust. To the fullest extent permitted by law, the Trustees shall not be limited by any law limiting the investments which may be made by fiduciaries.

Appears in 1 contract

Samples: First Amended Agreement (Davis Fundamental ETF Trust)

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