Rights, Terms and Conditions Sample Clauses

Rights, Terms and Conditions. In addition to the other ---------------------------- rights and powers set forth in the other provisions and conditions of this Indenture the Unitholders shall have the following rights and powers and shall be subject to the following terms and conditions: (a) A Unitholder may at any time prior to the Evaluation Time on the date the Trust is terminated tender his or her Unit or Units to the Trustee for redemption in accordance with Section 5.2. (b) The death or incapacity of any Unitholder shall not operate to terminate this Indenture or the Trust, nor entitle his or her legal representatives or heirs to claim an accounting or to take any action or proceeding in any court of competent jurisdiction for a partition or winding up of the Trust, nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of them. Each Unitholder expressly waives any right he or she may have under any rule of law, or the provisions of any statute, or otherwise, to require the Trustee at any time to account, in any manner other than as expressly provided in this Indenture, in respect of the Securities or moneys from time to time received, held and applied by the Trustee hereunder. (c) No Unitholder shall have any right to vote or in any manner otherwise control the operation and management of the Trust, or the obligations of the parties hereto, nor shall anything herein set forth, be construed so as to constitute the Unitholders from time to time as partners; nor shall any Unitholder ever be under any liability to any third persons by reason of any action taken by the parties to this Indenture for any other cause whatsoever.
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Rights, Terms and Conditions. In addition to the other rights and powers set forth in the other provisions and conditions of this Indenture the Unit Holders shall have the following rights and powers and shall be subject to the following terms and conditions: (a) a Unit Holder may at any time on any Business Day redeem his Units in accordance with Section 5.02; (b) the death or incapacity of any Unit Holder shall not operate to terminate this Indenture or the Trust, nor entitle his legal representatives or heirs to claim an accounting or to take any action or proceeding in any court for a partition or winding up of the Trust, nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of them. Each Unit Holder expressly waives any right he may have under any rule of law, or the provisions of any statute, or otherwise, to require the Trustee at any time to account, in any manner other than as expressly provided in this Indenture, in respect of the Securities or monies from time to time received, held and applied by the Trustee hereunder; and (c) no Unit Holder shall have any right to vote or in any manner otherwise control the operation and management of the Trust, or the obligations of the parties hereto, nor shall anything herein set forth be construed so as to constitute the Unit Holders from time to time as partners or members of any association; nor shall any Unit Holder ever be under any liability to any third persons by reason of any action taken by the parties to this Indenture, or any other cause whatsoever.
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Rights, Terms and Conditions. In addition to the other rights and powers set forth in the other provisions and conditions of this Trust Agreement the Unitholders shall have the following rights and powers and shall be subject to the following terms and conditions: (a) a Unitholder may at any time prior to the Evaluation Time on the date on which the related Series of Trust is dissolved tender his Units to the Trust Agents/Independent Contractors for redemption in accordance with the Master Services Agreement and Series MSA Supplement; (b) the death or incapacity of any Unitholder shall not operate to dissolve or terminate the Trust or the related Series of Trust nor entitle his legal representatives or heirs to claim an accounting or to take any action or proceeding in any court of competent jurisdiction for a partition or winding up of the Trust or that Series of Trust, nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of them. Each Unitholder expressly waives to the fullest extent permitted by law any right to require the Trust at any time to account, in any manner other than as expressly provided in the Master Services Agreement and Series MSA Supplement, in respect of the assets from time to time received, held and applied by the Custodian; and (c) except as set forth herein, in the Series Supplement, in the Master Services Agreement and related Series MSA Supplement, no Unitholder shall have any right to vote or in any manner otherwise control the operation and management of the Trust nor shall anything herein set forth be construed so as to constitute the Unitholders from time to time as partners or members of an association. The Unitholders shall be entitled to the same limitation of personal liability extended to stockholders of private corporations for profit organized under the General Corporation Law of the State.
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Rights, Terms and Conditions. In addition to the other rights and powers set forth in the other provisions and conditions of this Trust Agreement, the Unitholders shall have the following rights and powers and shall be subject to the following terms and conditions: (a) The death or incapacity of any Unitholder shall not operate to terminate this Agreement or the Trust, nor entitle his legal representatives or heirs to claim an accounting or to take any action or proceeding in any court of competent jurisdiction for a partition or winding up of the Trust Fund or a the Trust, nor otherwise affect the rights, obligations and liabilities of the parties hereto or any of them. Each Unitholder expressly waives any right he may have under any rule of law, of the provisions of any statute, or otherwise, to require the Board at any time to account, in any manner other than as expressly provided in this Agreement, in respect of the Securities or moneys from time to time received, held and applied by the Trustees hereunder. (b) There shall be an annual meeting of Unitholders at such time and place, either within or without the State of Michigan, as the Board shall prescribe, at which Trustees shall be elected or re-elected and any other proper business may be conducted. The annual meeting of Unitholders shall be held upon reasonable notice at a convenient location and within a reasonable period following delivery of the annual report. Special meetings of Unitholders may be called by a majority of the Trustees or by the Chairman (or any Co-Chairman) of the Trust, and shall be called upon the written request of Unitholders holding in the aggregate not less than a majority of the outstanding Units of the Trust entitled to vote in the manner provided in the Bylaws. If there shall be no Trustees, the officers of the Trust shall promptly call a special meeting of the Unitholders for the election of successor Trustees. Notice of the Unitholders' meeting shall be given as provided in the Bylaws. No other business than that which is stated in the call for a special meeting shall be considered at such meeting. (c) A majority of the holders of outstanding Units entitled to vote at any meeting represented in person or by proxy shall constitute a quorum at such meeting. The submission of any action to the Unitholders for their consideration shall first be approved by the Board
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Related to Rights, Terms and Conditions

  • ADDITIONAL TERMS AND CONDITIONS This Annex A to the Second Amended and Restated Servicing Agreement, dated October 31, 2021 (the “Agreement”), among Xxxxx Bank and Xxxxx Trust Company, as Sellers, the Bank Assets Purchaser and, upon execution of the Joinder Agreement, the Delaware Trust Assets Purchaser, as Purchasers, and Guarantor (solely for purposes of Section 9.5 of the Agreement), is incorporated into and deemed part of the Agreement in all respects.

  • General Terms and Conditions During the term of this Contract, Contractor agrees to procure and maintain insurance which meets all County’s requirements in the General Terms and Conditions.

  • ONLINE TERMS AND CONDITIONS The Terms and Conditions specified herein shall govern all members of xxx.xxxxxxxxxxxxxxxx.xxx (“EHSAN AUCTIONEERS SDN. BHD. website”).

  • Special Terms and Conditions It is the intent of TIPS to award to reliable, high performance vendors to supply products and services to government and educational agencies. It is the experience of TIPS that the following procedures provide TIPS, the Vendor, and the participating agency the necessary support to facilitate a mutually beneficial relationship. The specific procedures will be negotiated with the successful vendor.

  • Other Terms and Conditions You also agree to be bound by any other specific terms and conditions governing such recurring/instalment payment scheme. In the event of conflict, such specific terms and conditions are to prevail over the provisions of this clause but only to the extent necessary to give full effect to those terms and conditions.

  • CONTRACT TERMS AND CONDITIONS This section sets forth the terms and conditions of the Contract.

  • Standard Terms and Conditions Executive expressly understands and acknowledges that the Standard Terms and Conditions attached hereto are incorporated herein by reference, deemed a part of this Agreement and are binding and enforceable provisions of this Agreement. References to “this Agreement” or the use of the term “hereof” shall refer to this Agreement and the Standard Terms and Conditions attached hereto, taken as a whole.

  • Additional Terms and Conditions of Award NONTRANSFERABILITY OF SHARES. Prior to the date on which Shares subject to this Award vest pursuant to Section 3 hereof, such Shares may not be sold, transferred, assigned, pledged, hypothecated, encumbered or otherwise disposed of (whether by operation of law or otherwise) or be subject to execution, attachment or similar process. Any such attempted sale, transfer, assignment, pledge, hypothecation or encumbrance, or other disposition of such Shares shall be null and void.

  • Governing Terms and Conditions If there is an irreconcilable conflict between the terms and conditions set forth in this Contract or any Contract Amendment and the terms and conditions set forth in any Exhibit, Appendix, Work Authorization or Supplemental Work Authorization to this Contract, the terms and conditions set forth in this Contract or any Contract Amendment shall control over the terms and conditions set forth in any Exhibit, Appendix, Work Authorization or Supplemental Work Authorization to this Contract.

  • Payment Terms and Conditions 67.6.1 CLEC shall pay a Transit Service Charge as set forth in Table 1 for any Transit Traffic routed to CenturyLink by CLEC. 67.6.2 CLEC shall be responsible for payment of Transit Service charges on Transit Traffic routed to CenturyLink by CLEC and for any charges assessed by the terminating carrier. CLEC agrees to enter into traffic exchange agreements with third-parties prior to routing any Transit Traffic to CenturyLink for delivery to such third parties, and CLEC will indemnify, defend and hold harmless the Transit Service provider against any and all charges levied by such third-party terminating carrier with respect to Transit Traffic, including but not limited to, termination charges related to such traffic and attorneys’ fees and expenses.

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