Cessation of Trustee’s and Others Liability in Certain Circumstances Sample Clauses

Cessation of Trustee’s and Others Liability in Certain Circumstances. Notwithstanding anything herein contained, upon the expiration of 90 days from the sending of financial statements pursuant to Section 8.03, the Trustee, manager and investment adviser shall be forever released and discharged from liability or accountability to unitholders with respect to the propriety of their acts and transactions shown in any such account except with respect to acts or transactions as to which a written statement objecting thereto has been delivered to the Trustee within that 90 day period. Notwithstanding the foregoing, the Trustee shall have the right to elect to have its account settled by judicial proceeding whether or not any written objection to its accounts has been filed.
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Related to Cessation of Trustee’s and Others Liability in Certain Circumstances

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  • Certification Regarding Debarment, Suspension, and Other Responsibility Matters Primary Covered Transactions

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  • GOVERNING LAW AND OTHER REPRESENTATIONS: DIR Customer [ ] Unit of Texas Local Government hereby certifying that is has statutory authority to perform its duties hereunder pursuant to Chapter , Texas Code. [X] Non-Texas State agency or unit of local government of another state hereby certifying that it has statutory authority to enter in to this Interlocal Agreement and perform its duties hereunder pursuant to the Colorado Judicial Department Purchasing Fiscal Rules.

  • Discovery and Other Rights Discovery and rights to appeal in arbitration are generally more limited than in a lawsuit. This applies to both you and us. Other rights that you or we would have in court may not be available in arbitration. Please read this Arbitration Clause and consult the rules of the arbitration organizations listed below for more information.

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