Status of Shares. Shares shall be deemed to be personal property giving only the rights provided in this Trust Instrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof. The death of a Shareholder during the continuance of the Trust shall not operate to terminate the Trust nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but only to the rights of said decedent under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners.

Appears in 47 contracts

Samples: Agreement and Declaration of Trust (SEG Partners Long/Short Equity Fund), Agreement and Declaration of Trust (FT Vest Total Return Income Fund: Series A4), Agreement and Declaration of Trust (FT Vest Hedged Equity Income Fund: Series A4)

Status of Shares. Shares shall be deemed to be personal property giving only the rights provided in this ~~Trust Instrument~~instrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof. The death of a Shareholder during the continuance of the Trust shall not operate to terminate the Trust nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but only to the rights of said decedent under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners.

Appears in 22 contracts

Samples: Agreement and Declaration of Trust (YCG Funds), Trust Agreement (Lyons Funds), Agreement and Declaration of Trust (New Alternatives Fund Inc)

Appears in 12 contracts

Samples: Agreement and Declaration of Trust (FlowStone Opportunity Fund), Agreement and Declaration of Trust (Aspiriant Risk-Managed Capital Appreciation Fund), Trust Agreement (Aspiriant Risk-Managed Real Asset Fund)

Status of Shares. Shares shall be deemed to be personal property giving only the rights provided in this ~~Trust Instrument~~instrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof. The death of a Shareholder during the continuance of the Trust shall not operate to terminate the Trust nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but only to the rights of said decedent under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust ~~property~~ Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners.

Appears in 7 contracts

Samples: Agreement and Declaration of Trust (Agility Multi-Asset Income Fund), Agreement and Declaration of Trust (Man Long Short Fund), Agreement and Declaration of Trust (ASGI Agility Income Fund)

Status of Shares. Shares shall be deemed to be personal property giving only the rights provided in this ~~Trust Instrument~~Declaration of Trust. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof. The death of a Shareholder during the continuance of the Trust shall not operate to terminate the Trust nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but only to the rights of said decedent under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust ~~property~~ Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners.

Appears in 1 contract

Samples: Trust Agreement (Principal Exchange-Traded Funds)

Status of Shares. Shares shall be deemed to be personal ---------------- property giving only the rights provided in this ~~Trust Instrument~~instrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof. The death of a Shareholder during the continuance of the Trust shall not operate to terminate the Trust nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but only to the rights of said decedent under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners.. ARTICLE III ----------- THE TRUSTEES ------------

Appears in 1 contract

Samples: Provident Institutional Funds Agreement and Declaration of Trust (Temporary Investment Fund Inc)

Status of Shares. Shares shall be deemed to be personal property giving only the rights provided in this Trust Instrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to be bound by the terms ~~hereof~~of this Trust Instrument. The death of a Shareholder during the continuance of the Trust shall not operate to terminate the Trust nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but only to the rights of said decedent under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust ~~property~~ Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners.

Appears in 1 contract

Samples: Trust Agreement (Rockefeller Municipal Opportunities Fund)

Appears in 1 contract

Samples: Qualified Investment Fund Agreement (Community Reinvestment Act Qualified Investment Fund)

Status of Shares. Shares shall be deemed to be personal property giving only the rights provided in this Trust Instrument. Every Shareholder by virtue of having become a Shareholder shall be held to have expressly assented and agreed to the terms hereof. The death of a Shareholder during the continuance of the Trust shall not operate to terminate the Trust nor entitle the representative of any deceased Shareholder to an accounting or to take any action in court or elsewhere against the Trust or the Trustees, but only to the rights of said decedent under this Trust. Ownership of Shares shall not entitle the Shareholder to any title in or to the whole or any part of the Trust ~~property~~ Property or right to call for a partition or division of the same or for an accounting, nor shall the ownership of Shares constitute the Shareholders as partners.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Evanston Alternative Opportunities Fund)

Common use of Status of Shares Clause in Contracts