Common use of Notice to the Beneficiary; Waiver of Notice Clause in Contracts

Notice to the Beneficiary; Waiver of Notice. Any notice of meeting or other notice, communication, or report to the Beneficiary shall be deemed duly delivered to the Beneficiary when such notice, communication, or report is deposited, with postage thereon prepaid, in the United States mail, addressed to the Beneficiary at its address as appears on the records of the Trust or is delivered in person to the Beneficiary. Notice of any annual meeting of the Beneficiary or any special meeting of the Beneficiary need not be given to the Beneficiary if it submits a written and signed waiver of notice, either before or after the meeting, or if it attends the meeting without protesting the lack of notice prior to or at the commencement of the meeting.