Common use of Term of Office of Trustees Clause in Contracts

Term of Office of Trustees. Each Trustee shall serve during the life of the Trust and until its termination as hereinafter provided, except as such Trustee sooner dies, resigns, retires, is declared bankrupt or incompetent by a court of appropriate jurisdiction, or is removed. Subject to Section 16(a) of the 1940 Act, the Trustees may elect their own successors and may, pursuant to Section 3.l(e) hereof, appoint Trustees to fill vacancies.

Appears in 4 contracts

Samples: Agreement and Declaration of Trust (Trust for Advised Portfolios), Agreement and Declaration of Trust (Trust for Advised Portfolios), Trust Agreement (Trust for Advised Portfolios)

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Term of Office of Trustees. Each Trustee shall serve during the life of the Trust and until its termination as hereinafter provided, except as such Trustee sooner dies, resigns, retires, is declared bankrupt or incompetent by a court of appropriate jurisdiction, or is removed. Subject to Section 16(a) of the 1940 Act, the Trustees may elect their own successors and may, pursuant to Section 3.l(e3.1(e) hereof, appoint Trustees to fill vacancies.

Appears in 3 contracts

Samples: Trust Agreement (Advisor Managed Portfolios), Trust Agreement (EntrepreneurShares Series Trust), Agreement and Declaration of Trust (Lotsoff Capital Management Equity Trust)

Term of Office of Trustees. Each Trustee shall serve during the life of the Trust and until its termination as hereinafter provided, except as such Trustee sooner dies, resigns, retires, is declared bankrupt or incompetent by a court of appropriate jurisdiction, or is removed. Subject to Section 16(a) of the 1940 Act, the Trustees may elect their own successors and may, pursuant to Section 3.l(e) hereof3.1(e), appoint Trustees to fill vacancies.

Appears in 3 contracts

Samples: Trust Agreement (Hillier Capital Management Funds Trust), Trust Agreement (Intrepid Capital Management Funds Trust), Trust Agreement (Skyhawk Capital Management Funds Trust)

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Term of Office of Trustees. Each Trustee shall serve during the life of the Trust and until its termination as hereinafter provided, except as such Trustee sooner dies, resigns, retires, is declared bankrupt or incompetent by a court of appropriate jurisdiction, or is removed. Subject to Section 16(a) of the 1940 Act, the Trustees may elect their own successors and may, pursuant to Section 3.l(e) hereof, appoint Trustees to fill vacancies.to

Appears in 1 contract

Samples: Trust Agreement (EntrepreneurShares Series Trust)

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