Common use of Death of a Unitholder Clause in Contracts

Death of a Unitholder. The death of a Unitholder during the continuance of the Fund shall not operate to terminate the Fund, nor shall it entitle the personal representative of any such deceased Unitholder to an accounting or to take any action in the courts or otherwise against the Fund or the Trustees; provided, however, the right of redemption provided for in Paragraph 14 below shall not expire with the death of the Unitholder, but such right may be exercised by the personal representatives, legatees, distributees, or beneficiaries in the manner provided in Paragraph 14.

Death of a Unitholder. The death of a any Unitholder during the continuance of the this Fund shall not operate to terminate the Fund, nor shall it entitle the personal representative of any such deceased Unitholder to an accounting or to take any action in the courts or otherwise against the Fund or the Trustees; provided, however, the right of redemption provided for in Paragraph 14 below 16 shall not expire with the death of the such Unitholder, but such right may be exercised by the personal representatives, legatees, distributees, distributees or beneficiaries Designated Beneficiaries in the manner provided in said Paragraph 1416.

Death of a Unitholder. The death of a any Unitholder during the continuance of the this Fund shall not operate to terminate the Fund, nor shall it entitle the personal representative of any such deceased Unitholder to an accounting or to take any action in the courts or otherwise against the Fund or the Trustees; provided, however, the right of redemption provided for in Paragraph 14 16 below shall not expire with the death of the such Unitholder, but such right may be exercised by the personal representatives, legatees, distributees, distributees or beneficiaries Designated Beneficiaries in the manner provided in such Paragraph 1416.

Death of a Unitholder. The death of a any Unitholder during the continuance of the this Fund shall not operate to terminate the Fund, nor shall it entitle the personal representative of any such deceased Unitholder to an accounting or to take any action in the courts or otherwise against the Fund or the Trustees; provided, however, that the right of redemption provided for in Paragraph 14 below 16 shall not expire with the death of the such Unitholder, but such right may be exercised by the personal representatives, legatees, distributees, distributees or beneficiaries Designated Beneficiaries in the manner provided in said Paragraph 1416.