Common use of Court Supervision; Approval of Accounts Clause in Contracts

Court Supervision; Approval of Accounts. To the extent such requirements can be waived, the Trustee may, but shall not be required to (a) file any inventory of Trust Funds or accounts or reports of the administration of the trust, or to register the trust, in any court, (b) to furnish any bond or other security for the proper performance of the Trustee’s duties in any jurisdiction, or (c) to obtain authority from a court for the exercise of any power conferred on the Trustee by this agreement. Prior to transferring any or all of the Trust Funds to a successor Trustee, or to making complete distribution of the Trust Funds, the Trustee may require approval of its accounts either by a court of competent jurisdiction or by such of the beneficiaries as it deems appropriate. All of the Trustee’s fees and expenses (including reasonable attorney’s fees) attributable to any such accounting and approval shall be paid by the trust.

Court Supervision; Approval of Accounts. To the extent such requirements can be waived, the Trustee may, but shall not be required to (a) to file any inventory of Trust Funds or accounts or reports of the administration of the trust, or to register the trust, in any court, (b) to furnish any bond or other security for the proper performance of the Trustee’s 's duties in any jurisdiction, or (c) to obtain authority from a court for the exercise of any power conferred on the Trustee by this agreement. Prior to transferring any or all of the Trust Funds to a successor Trustee, Trustee or to making complete distribution of the Trust Funds, the Trustee may require approval of its accounts either by a court of competent jurisdiction or by such of the beneficiaries as it deems appropriate. All of the Trustee’s fees and expenses (including reasonable attorney’s attorneys' fees) attributable to any such accounting and approval shall be paid by the trust.

Court Supervision; Approval of Accounts. To the extent such requirements can be waived, the Trustee maymay be, but shall not be required to (a) file any inventory of Trust Funds or accounts or reports of the administration of the trust, or to register the trust, trust in any court, (b) to furnish any bond or other security for the proper performance of the Trustee’s duties in any jurisdiction, or (c) to obtain authority from a court for the exercise of any power conferred on the Trustee by this the agreement. Prior to transferring any or all of the Trust Funds to a successor Trustee, Trustee or to making complete distribution of the Trust Funds, the Trustee may require approval of its accounts either by a court of competent jurisdiction or by such of the beneficiaries as it deems appropriate. All of the Trustee’s fees and expenses (including reasonable attorney’s fees) attributable to any such accounting and approval shall be paid by the trust.