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

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

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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 1 contract

Samples: 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 or remaining Trustees upon such cessation. ____________________________________________________________________________________.

Appears in 1 contract

Samples: Trust Agreement (Atalanta Sosnoff 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 or remaining Trustees upon such cessation. ____________________________________________________________________________________.

Appears in 1 contract

Samples: Master Trust Agreement (Kobrick HFS Investment Trust)

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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

Samples: Trust Agreement (Securities Management & Timing Funds)

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