Common use of Ownership of Trust Property Clause in Contracts

Ownership of Trust Property. Legal title to all of the Trust Property shall at all times be considered to be vested in the Trust, except that the Board of Trustees shall have the power to cause legal title to any Trust Property to be held by or in the name of any Person as nominee, on such terms as the Board of Trustees may determine, in accordance with applicable law.

Appears in 193 contracts

Samples: Agreement and Declaration of Trust (Align Alternative Access Fund), Agreement and Declaration of Trust (OneAscent Capital Opportunities Fund), Trust Agreement (Diamond Hill Securitized Credit Fund)

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Ownership of Trust Property. Legal title to all of the Trust Property shall at all times be considered to be vested in the Trust, except that the Board of Trustees shall have the power to cause legal title to any Trust Property to be held by or in the name of any Person as nominee, on such terms as the Board of Trustees may determine, in accordance with applicable law.

Appears in 141 contracts

Samples: Agreement and Declaration of Trust (Roundhill ETF Trust), Agreement and Declaration of Trust (Madison ETFs Trust), Agreement and Declaration of Trust (Volatility Shares Trust)

Ownership of Trust Property. Legal title to all of the Trust Property shall at all times be considered to be vested in the Trust, except that the Board of Trustees shall have the power to cause legal title to any Trust Property to be held by or in the name of any Person as nominee, on such terms as the Board of Trustees may determine, in accordance with applicable law.

Appears in 5 contracts

Samples: Trust Agreement (Bennett Group Master Funds), Agreement and Declaration of Trust (Bennett Global Funds), Agreement and Declaration of Trust (Nationwide Variable Insurance Trust)

Ownership of Trust Property. Legal title to all of the Trust Property shall at all times be considered beconsidered to be vested in the Trust, except that the Board of Trustees shall have the power to cause legal title to any toany Trust Property to be held by or in the name of any Person as nominee, on such terms as the Board of Trustees ofTrustees may determine, in accordance with applicable law.

Appears in 2 contracts

Samples: Trust Agreement (Elessar Funds Investment Trust), Trust Agreement (Elessar Funds Investment Trust)

Ownership of Trust Property. Legal title to all of the Trust --------------------------- Property shall at all times be considered to be vested in the Trust, except that the Board of Trustees shall have the power to cause legal title to any Trust Property to be held by or in the name of any Person as nominee, on such terms as the Board of Trustees may determine, in accordance with applicable law.

Appears in 2 contracts

Samples: Declaration of Trust (Wallace Funds), Trust Agreement (Ingenuity Capital Trust)

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Ownership of Trust Property. Legal title to all of the Trust Property shall at all times be considered to be vested in the Trust, except that the Board of Trustees shall have the power to cause legal title to any Trust Property to be held by or in the name of any Person as nominee, on such terms as the Board of Trustees may determine, in accordance with applicable law.,

Appears in 1 contract

Samples: Agreement and Declaration of Trust (American Real Estate Income Fund)

Ownership of Trust Property. Legal title to all of the Trust Property shall at all times be considered to be vested in the Trust, except that the Board of Trustees shall have the power to cause legal title to any Trust Property to be held by or in the name of any Person as nominee, on such terms as the Board of Trustees may determine, in accordance with applicable law.

Appears in 1 contract

Samples: Trust Agreement (Tactical Investment Series Trust)

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