Term; Resignation. (a) Wilmington Trust Company has been appointed and hereby agrees to serve as the Trust’s Resident Delaware Trustee. The Resident Delaware Trustee shall serve until such time as the Manager removes the Resident Delaware Trustee or the Resident Delaware Trustee resigns and a successor Resident Delaware Trustee is appointed by the Manager in accordance with the terms of Section 2.5 or by the Court of Chancery of the State of Delaware as provided in Section 2.1(b).
Appears in 6 contracts
Samples: Trust Agreement (Nuveen Long/Short Commodity Total Return Fund), Trust Agreement (Nuveen Long/Short Commodity Total Return Fund), Trust Agreement (Nuveen Long/Short Commodity Total Return Fund)
Term; Resignation. (a) Wilmington Trust Company has been appointed and hereby agrees to serve as the Trust’s Resident Delaware Trustee. The Resident Delaware Trustee shall serve until such time as the Manager removes the Resident Delaware Trustee or the Resident Delaware Trustee resigns and a successor Resident Delaware Trustee is appointed by the Manager in accordance with the terms of Section 2.5 2.5(a) or by the Court of Chancery of the State of Delaware as provided in Section 2.1(b).
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Samples: Trust Agreement (Nuveen Diversified Commodity Fund), Trust Agreement (Nuveen Diversified Commodity Fund)