Common use of No Accounting Clause in Contracts

No Accounting. Except to the extent required by the 1940 Act ------------- or under circumstances which would justify his removal for cause, no person ceasing to be a Trustee as a result of his death, resignation, retirement, removal or incapacity (nor the estate of any such person) shall be required to make an accounting to the shareholders or remaining Trustees upon such cessation.

Appears in 2 contracts

Sources: Agreement and Declaration of Trust (Pacific Select Fund), Agreement and Declaration of Trust (Pacific Select Fund)

No Accounting. Except to the extent required by the 1940 Act ------------- or under circumstances which would justify his removal for cause, no person ceasing to be a Trustee as a result of his death, resignation, retirement, removal or incapacity (nor the estate of any such person) shall be required to make an accounting to the shareholders Shareholders or remaining Trustees upon such cessation.. ____________________________________________________________________________________

Appears in 2 contracts

Sources: Agreement and Declaration of Trust (Aviemore Funds), Trust Agreement (Sycuan Funds)

No Accounting. Except to the extent required by the 1940 ------------- Act ------------- or under circumstances which would justify his removal for cause, no person Person ceasing to be a Trustee as a result of his death, resignation, retirement, removal or incapacity (nor the estate of any such personPerson) shall be required to make an accounting to the shareholders Shareholders or remaining Trustees upon such cessation.

Appears in 1 contract

Sources: Agreement and Declaration of Trust (Winthrop Focus Funds)

No Accounting. Except to the extent required by the 1940 Act ------------- or under circumstances which would justify his removal for cause, no person ceasing to be a Trustee as a result of his death, resignation, retirement, removal or incapacity (nor the estate of any such person) shall be required to make an accounting to the shareholders or remaining Trustees upon such cessation.such

Appears in 1 contract

Sources: Trust Agreement (Securities Management & Timing Funds)

No Accounting. Except to the extent required by the 1940 Act ------------- or under circumstances which would justify his removal for cause, no person ceasing to be a Trustee as a result of his death, resignation, retirement, removal or incapacity (nor the estate of any such person) shall be required to make an accounting to the shareholders Shareholders or remaining Trustees upon such cessation.

Appears in 1 contract

Sources: Trust Agreement (Atalanta Sosnoff Investment Trust)

No Accounting. Except to the extent required by the 1940 Act or ------------- or under circumstances which would justify his removal for cause, no person ceasing to be a Trustee as a result of his death, resignation, retirement, removal or incapacity (nor the estate of any such person) shall be required to make an accounting to the shareholders Shareholders or remaining Trustees upon such cessation.

Appears in 1 contract

Sources: Agreement and Declaration of Trust (Alpha Analytics Investment Trust)

No Accounting. Except to the extent required by the 1940 Act ------------- or under circumstances which would justify his removal for cause, no person ceasing to be a Trustee as a result of his death, resignation, retirement, removal or incapacity (nor the estate of any such person) shall be required to make an accounting to the shareholders Shareholders or remaining Trustees upon such cessation.

Appears in 1 contract

Sources: Master Trust Agreement (Kobrick HFS Investment Trust)