Common use of Successor Manager Clause in Contracts

Successor Manager. Any successor manager, by accepting its appointment as such, shall automatically become a party to this Trust Agreement and be bound by the terms hereof as if the successor manager had been an original signatory thereof provided that such successor manager shall not be responsible or liable for any act or omission of the Manager preceding its appointment as successor manager of the Trust.

Appears in 10 contracts

Samples: Trust Agreement (Sprott Physical Silver Trust), Trust Agreement (Sprott Physical Gold Trust), Trust Agreement (Sprott Physical Gold & Silver Trust)

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Successor Manager. Any successor managerManager, by accepting its appointment as such, shall automatically become a party to this Master Trust Agreement and be bound by the terms hereof as if the successor manager Manager had been an original signatory thereof thereof; provided that such successor manager Manager shall not be responsible or liable for any act or omission of the Manager preceding its appointment as successor manager of the TrustManager.

Appears in 7 contracts

Samples: Master Trust Agreement, Master Trust Agreement, Master Trust Agreement

Successor Manager. Any successor manager, by accepting its appointment as such, shall automatically become a party agree to this Trust Agreement and be bound by the terms provisions hereof as if by executing and delivering a Management Agreement with the successor manager had been an original signatory thereof provided that such Trust. Such successor manager shall not be responsible or liable for any act or omission of the Manager preceding its appointment as successor manager of the Trust.

Appears in 5 contracts

Samples: Trust Agreement (APMEX Physical - 1 Oz. Gold Redeemable Trust), Trust Agreement (APMEX Physical - 1 Oz. Gold Redeemable Trust), Trust Agreement (APMEX Physical - 1 Oz. Gold Redeemable Trust)

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Successor Manager. Any successor manager, by accepting its appointment as such, shall automatically become a party to this Trust Agreement and be bound by the terms hereof as if the successor manager had been an original signatory thereof provided that such successor manager shall not be responsible or liable for any act or omission of the Manager preceding its appointment as successor manager of the Trustmanager.

Appears in 1 contract

Samples: Trust Agreement (Sprott Physical Gold Trust)

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