Common use of Trustees May Hold Units Clause in Contracts

Trustees May Hold Units. Subject to the requirement in section 3.3 that at least one Trustee will be a Non-Unitholder Trustee, any Trustee or associate of a Trustee may be a Unitholder or may be an annuitant.

Appears in 3 contracts

Samples: Contract of Trust, Contract of Trust, content.cominar.com

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Trustees May Hold Units. Subject to the requirement in section 3.3 3.4 that at least one Trustee will be a Non-Unitholder Trustee, any Trustee or associate of a Trustee may be a Unitholder or may be an annuitant.

Appears in 1 contract

Samples: Contract of Trust

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