Establishment of Series or Class Sample Clauses

Establishment of Series or Class. The Trust shall consist of one or more Series, which may be designated by the Board of Trustees from time to time. Each herein after created Series shall be established and is effective upon the adoption of a resolution of a majority of the Trustees or any alternative date specified in such resolution. The Trustees may designate the relative rights and preferences of the Shares of each Series. The Trustees may divide the Shares of any Series into Classes. Any Shares of any Series and Classes that may from time to time be established and designated by the Trustees shall be established and designated, and the variations in the relative rights and preferences as between the different Series shall be fixed and determined, by the Trustees; provided, that all Shares shall be identical except for such variations as shall be fixed and determined between different Series or Classes by the Trustees in establishing and designating such Class or Series. In connection therewith with respect to any existing or future Classes, the purchase price, the method of determining the net asset value, and the relative dividend rights of holders shall be as set forth in the Trust’s Registration Statement on Form N-1A under the 1940 Act and as in effect at the time of issuing Shares of the existing Classes. All references to Shares in this Declaration shall be deemed to be Shares of any or all Series or Classes as the context may require. The Trust shall maintain separate and distinct records for each Series and hold and account for the assets thereof separately from the other assets of the Trust or of any other Series. A Series may issue any number of Shares or any Class thereof and need not issue Shares. Each Share of a Series shall represent an equal beneficial interest in the net assets of such Series. Each holder of Shares of a Series or a Class thereof shall be entitled to receive his pro rata share of all distributions made with respect to such Series or Class. Upon redemption of his Shares, such Shareholder shall be paid solely out of the funds and property of such Series. The Trustees may adopt and change the name of any Series or Class.
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Establishment of Series or Class. The Trust shall consist of one or more Series. The Trustees hereby establish the Series listed in Schedule A attached hereto and made a part hereof. Each additional Series shall be established and is effective upon the adoption of a resolution of a majority of the Trustees or any alternative date specified in such resolution. The Trustees may designate the relative rights and preferences of the Shares of each Series. The Trustees may divide the Shares of any Series into Classes. In such case each Class of a Series shall represent interests in the assets of that Series and have identical voting, dividend, liquidation and other rights and the same terms and conditions, except that expenses allocated to a Class may be borne solely by such Class as determined by the Trustees and a Class may have exclusive voting rights with respect to matters affecting only that Class. The Trust shall maintain separate and distinct records for each Series and hold and account for the assets thereof separately from the other assets of the Trust or of any other Series. A Series may issue any number of Shares and need not issue Shares. Each Share of a Series shall represent an equal beneficial interest in the net assets of such Series. Each holder of Shares of a Series shall be entitled to receive his pro rata share of all distributions made with respect to such Series. Upon redemption of his Shares, such Shareholder shall be paid solely out of the funds and property of such Series. The Trustees may adopt and change the name of any Series or Class.
Establishment of Series or Class. The establishment of any Series or Class shall be effective upon adoption of a resolution by a majority of the then Trustees setting forth such establishment and designation and the relative rights and preferences of the Shares of such Series or Class thereof. At any time that there are no Shares outstanding of any particular Series or Class previously established and designated, the Trustees may by majority vote abolish that Series or Class and the establishment and designation thereof.
Establishment of Series or Class. The Trust shall consist of one or more Series. Without limiting the authority of the Trustees to establish and designate any further Series, the Trustees hereby establish a single Series which shall be designated Pennsylvania Avenue Event- Driven Fund. Each additional Series shall be established and is effective upon the adoption of a resolution of a majority of the Trustees or any alternative date specified in such resolution. The Trustees may designate the relative rights and preferences of the Shares of each Series. The Trustees may divide the Shares of any Series into Classes. Without limiting the authority of the Trustees to establish and designate any further Classes, the Trustees hereby establish four Classes of Shares which shall be designated Investor Class and Adviser Class Shares. The Classes of Shares of the existing Series herein established and designated and any Shares of any further Series and Classes that may from time to time be established and designated by the Trustees shall be established and designated, and the variations in the relative rights and preferences as between the different Series shall be fixed and determined, by the Trustees; provided, that all Shares shall be identical except for such variations as shall be fixed and determined between different Series or Classes by the Trustees in establishing and designating such Class or Series. In connection therewith with respect to the existing Classes, the purchase price, the method of determining the net asset value, and the relative dividend rights of holders shall be as set forth in the Trust's Registration Statement on Form N-1A under the Securities Act of 1933 and/or the 1940 Act and as in effect at the time of issuing Shares of the existing Classes. All references to Shares in this Declaration shall be deemed to be Shares of any or all Series or Classes as the context may require. The Trust shall maintain separate and distinct records for each Series and hold and account for the assets thereof separately from the other assets of the Trust or of any other Series. A Series may issue any number of Shares or any Class thereof and need not issue Shares. Each Share of a Series shall represent an equal beneficial interest in the net assets of such Series. Each holder of Shares of a Series or a Class thereof shall be entitled to receive his pro rata share of all distributions made with respect to such Series or Class. Upon redemption of his Shares, such Shareholder shall be paid sol...
Establishment of Series or Class. The Trust created hereby shall consist of one or more Series. Separate and distinct records shall be maintained by the Trust for each Series and the assets associated with the Series shall be held and accounted for separately from the assets of the Trust or any other Series. The Trustees may divide the Shares of any Series into Classes. The Trustees shall have full power and authority in their sole discretion to establish and designate and to change in any manner any Series or Class and to fix preferences, voting powers, rights and privileges of the Series or Classes as the Trustees may from time to time determine, to divide or combine the Shares of any Series or Class into a greater or lesser number, to classify or reclassify any issued Shares of any Series or Class into one or more Series or Classes, and to take such other action with respect to the Shares of any Series or Class as the Trustees may deem desirable. The establishment and designation of any Series or Class shall be effective when specified in a resolution of the Trustees setting forth the establishment and designation and the relative rights and preferences of the Shares of the Series or Class. Each Share of a Series of the Trust shall represent an equal beneficial interest in the net assets of such Series subject to Section 5.07 and the preferences, rights and privileges of each Class of that Series. Each holder of Shares of a Series or Class shall be entitled to receive the holder's pro rata share of all distributions made with respect to the Series or Class. Upon redemption of Shares, such Shareholder shall be paid solely out of the funds and property of the Series.
Establishment of Series or Class. The Trust shall consist of one or more Series. Without limiting the authority of the Trustees to establish and designate any further Series, the Trustees hereby establish five Series which shall be designated Pioneer Classic Balanced Fund, Pioneer Florida Tax Free Income Fund, Pioneer Focused Equity Fund, Pioneer International Core Equity Fund and Pioneer Institutional Money Market Fund. Each additional Series shall be established and is effective upon the adoption of a resolution of a majority of the Trustees or any alternative date specified in such resolution. The Trustees may designate the relative rights and preferences of the Shares of each Series. The Trustees may divide the Shares of any Series into Classes. Without limiting the authority of the Trustees to establish and designate any further Classes, the Trustees hereby establish five (5) Classes of Shares which shall be designated Class A, Class B, Class C, Class R and Class Y for the Pioneer Classic Balanced Fund, Pioneer Florida Tax Free Income Fund, Pioneer Focused Equity Fund and Pioneer International Core Equity Fund and establish three (3) Classes of Shares which shall be designated Class 1, Class 2 and Class 3 for the Pioneer Institutional Money Market Fund. The Classes of Shares of the existing Series herein established and designated and any Shares of any further Series and Classes that may from time to time be established and designated by the Trustees shall be established and designated, and the variations in the relative rights and preferences as between the different Series shall be fixed and determined, by the Trustees; provided, that all Shares shall be identical except for such variations as shall be fixed and determined between different Series or Classes by the Trustees in establishing and designating such Class or Series. In connection therewith with respect to the existing Classes, the purchase price, the method of determining the net asset value, and the relative dividend rights of holders shall be as set forth in the Trust's Registration Statement on Form N-1A under the Securities Act of 1933 and/or the 1940 Act and as in effect at the time of issuing Shares of the existing Classes. All references to Shares in this Declaration shall be deemed to be Shares of any or all Series or Classes as the context may require. The Trust shall maintain separate and distinct records for each Series and hold and account for the assets thereof separately from the other assets of the Trust or...
Establishment of Series or Class. The Trust shall consist of -------------------------------- one or more Series. Without limiting the authority of the Trustees to establish and designate any further Series, the Trustees hereby establish the following 35 Series: Xxxxxxx Xxxxx Adjustable Rate Government Fund, Xxxxxxx Sachs Short Duration Government Fund, Xxxxxxx Xxxxx Short Duration Tax-Free Fund, Xxxxxxx Sachs Core Fixed Income Fund, Xxxxxxx Xxxxx Global Income Fund, Xxxxxxx Sachs Government Income Fund, Xxxxxxx Xxxxx Municipal Income Fund, Xxxxxxx Sachs High Yield Fund, Xxxxxxx Xxxxx Balanced Fund, Xxxxxxx Sachs Core U.S. Equity Fund, Xxxxxxx Xxxxx Growth and Income Fund, Xxxxxxx Sachs Capital Growth Fund, Xxxxxxx Xxxxx Mid-Cap Equity Fund, Xxxxxxx Sachs Small Cap Equity Fund, Xxxxxxx Xxxxx International Equity Fund, Xxxxxxx Sachs Asia Growth Fund, Xxxxxxx Xxxxx Emerging Market Equity Fund, Institutuional Liquid Assets- - Prime Obligations Portfolio, Institutional Liquid Assets-Government Portfolio, Institutional Liquid Assets-Treasury Obligations Portfolio, Institutional Liquid Assets-Money Market Portfolio, Institutional Liquid Assets- Federal Portfolio, Institutional Liquid Assets-Treasury Instruments Portfolio, Institutional Liquid Assets-Tax-Exempt Diversified Portfolio, Institutional Liquid Assets-Tax-Exempt New York Portfolio, Institutional Liquid Assets-Tax-Exempt California Portfolio, Financial Square Prime Obligations Fund, Financial Square Government Fund, Financial Square Treasury Obligations Fund, Financial Square Money Market Fund, Financial Square Money Market Plus Fund, Financial Square Municipal Money Market Fund, Financial Square Tax-Free Fund, Financial Square Federal Fund, and Financial Square Treasury Instruments Fund (the "Existing Series"). Each additional Series shall be established and is effective upon the adoption of a resolution of a majority of the Trustees or any alternative date specified in such resolution. The Trustees may designate the relative rights and preferences of the Shares of each Series. The Trustees may divide the Shares of any Series into Classes. Without limiting the authority of the Trustees to establish and designate any further Classes, the Trustees hereby establish the following classes of shares with respect to the series set forth below: Class A Shares: Xxxxxxx Sachs Adjustable Rate Government Fund, Xxxxxxx Xxxxx Global Income Fund, Xxxxxxx Sachs Government Income Fund, Xxxxxxx Sachs Municipal Income Fund, Xxxxxxx Xxxxx High Yield Fund, ...
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