Effect of Death, Resignation, etc. of a Trustee. The death, declination, resignation, retirement, removal, disqualification or incapacity of the Trustees, or any one of them, shall not operate to annul the Trust or to revoke any existing agency created pursuant to the terms of this Declaration. Until vacancies are filled, the remaining Trustee or Trustees (even though fewer than three) may exercise the powers of the Trustees hereunder.
Appears in 7 contracts
Samples: Agreement and Declaration of Trust (Seven Hills Realty Trust), And Restated Agreement (Seven Hills Realty Trust), Agreement and Declaration of Trust (RMR Mortgage Trust)
Effect of Death, Resignation, etc. of a Trustee. Section 3. The death, declination, resignation, retirement, removal, disqualification or incapacity of the Trustees, or any one of them, shall not operate to annul the Trust or to revoke any existing agency created pursuant to the terms of this Declaration. Until vacancies are filled, the remaining Trustee or Trustees (even though fewer than three) may exercise the powers of the Trustees hereunder.
Appears in 5 contracts
Samples: Agreement and Declaration of Trust (Baseline CRE Income Fund), Agreement and Declaration of Trust (Baseline CRE Income Fund), Agreement and Declaration (Homestead Funds Trust)
Effect of Death, Resignation, etc. of a Trustee. The death, declination, resignation, retirement, removal, disqualification or mental or physical incapacity of the Trustees, or any one of them, shall not operate to annul or terminate the Trust or any Series or Class hereunder or to revoke or terminate any existing agency or contract created pursuant to the terms of this Declaration. Until vacancies are , and until such vacancy is filled, the remaining Trustee or Trustees (even though fewer than three) may exercise in office, regardless of their number, shall have all of the powers of granted to the Trustees hereunderand shall discharge all the duties imposed upon them by this Declaration.
Appears in 4 contracts
Samples: Agreement and Declaration of Trust (Pacific Select Fund), Agreement and Declaration of Trust (Pacific Select Fund), Agreement and Declaration of Trust (Pacific Select Fund)
Effect of Death, Resignation, etc. of a Trustee. Section 2. The death, declination, resignation, retirement, removal, disqualification removal or incapacity of the Trustees, or any one of them, shall not operate to annul the Trust or to revoke any existing agency created pursuant to the terms of this Declaration. Until vacancies are filled, the remaining Trustee or Trustees (even though fewer than three) may exercise the powers of the Trustees hereunder.
Appears in 3 contracts
Samples: Agreement and Declaration of Trust (AllianzGI Institutional Multi-Series Trust), Agreement and Declaration of Trust (Premier Multi-Series VIT), Agreement and Declaration of Trust (Allianz Funds Multi-Strategy Trust)
Effect of Death, Resignation, etc. of a Trustee. Section 3. The death, declination, resignation, retirement, removal, disqualification or incapacity of the Trustees, or any one of them, shall not operate to annul the Trust or to revoke any existing agency created pursuant to the terms of this Declaration. Until vacancies are filled, the remaining Trustee or Trustees (even though fewer than three) may exercise the powers Declaration of the Trustees hereunderTrust.
Appears in 1 contract
Samples: Colonial High Income Municipal Trust
Effect of Death, Resignation, etc. of a Trustee. Section 4. The death, declination, resignation, retirement, removal, disqualification or incapacity of the Trustees, or any one of them, shall not operate to annul the Trust or to revoke any existing agency created pursuant to the terms of this Declaration. Until vacancies are filled, the remaining Trustee or Trustees (even though fewer than three) may exercise the powers of the Trustees hereunder.Powers
Appears in 1 contract
Samples: Agreement and Declaration of Trust (DoubleLine Shiller CAPE Enhanced Income Fund)
Effect of Death, Resignation, etc. of a Trustee. Section 2. The death, declination, resignation, retirement, removal, disqualification or incapacity of the Trustees, or any one of them, shall not operate to annul the Trust or to revoke any existing agency created pursuant to the terms of this Declaration. Until vacancies are filled, the remaining Trustee or Trustees (even though fewer than three) may exercise the powers of the Trustees hereunder.
Appears in 1 contract
Samples: Agreement and Declaration of Trust (Babson Capital Funds Trust)
Effect of Death, Resignation, etc. of a Trustee. The death, declination, resignation, retirement, removal, disqualification or incapacity of the Trustees, or any one of them, shall not operate to annul the Trust or to revoke any existing agency created pursuant to the terms of this Declaration. Until vacancies are filled, the remaining Trustee or Trustees (even though fewer than three) may exercise the powers of the Trustees hereunder.
Appears in 1 contract
Samples: RMR Preferred Income Fund (RMR Preferred Income Fund)
Effect of Death, Resignation, etc. of a Trustee. Section 4 The death, declination, resignation, retirement, removal, disqualification or incapacity of the Trustees, or any one of them, shall not operate to annul the Trust or to revoke any existing agency created pursuant to the terms of this Declaration. Until vacancies are filled, the remaining Trustee or Trustees (even though fewer than three) may exercise the powers of the Trustees hereunder.
Appears in 1 contract
Effect of Death, Resignation, etc. of a Trustee. The death, declination, resignation, retirement, removal, disqualification or incapacity of the Trustees, or any one of them, shall not operate to annul the Trust or to revoke any existing agency created pursuant to the terms of this Declaration. Until vacancies are filledWhenever there shall be fewer than the designated number of Trustees, the remaining Trustee or Trustees (even though fewer than three) may exercise the in office, regardless of their numbers shall have all powers of granted to the Trustees hereunderand shall discharge all the duties imposed upon the Trustees by this Declaration.
Appears in 1 contract
Samples: Agreement and Declaration of Trust (RMR Funds Series Trust)
