Trusts and Trustees Clause Samples
The 'Trusts and Trustees' clause defines the establishment and management of a trust, specifying the roles, powers, and responsibilities of the trustees who oversee the trust's assets. This clause typically outlines how trustees are appointed, their authority to manage, invest, or distribute trust property, and the standards they must follow in carrying out their duties. By clearly delineating these aspects, the clause ensures proper administration of the trust, protects beneficiaries' interests, and minimizes disputes regarding the management of trust assets.
Trusts and Trustees. See Exhibit A.
Trusts and Trustees. The trusts identified on attached Exhibit A and the trustees thereof, acting on behalf of said trusts and for the benefit of the beneficiaries and/or participants of said trusts, said trusts having loaned and/or invested funds through Capital Consultants, Inc., or its successor Capital Consultants, LLC (collectively known as “CCL”).
Trusts and Trustees. Each of the parties hereby acknowledges that any Entity signing this Agreement, or any other document relating hereto, in his, her, or its capacity as a trustee (a "trustee") or a trust (a "trust") is signing solely in such capacity and not in any individual capacity, notwithstanding the inclusion or exclusion of language to that effect. In addition, each of the parties acknowledges that no trustee shall have any liability hereunder or under any related document beyond the assets of the identified trust.
Trusts and Trustees. 37 ARTICLE 12 - DAMAGE OR DESTRUCTION OF ASSETS ..........................37 ARTICLE 13 - MISCELLANEOUS ............................................37
Trusts and Trustees. 10.1 If Customer is a Trustee of any trust, whether or not disclosed to Directitude Built :
10.1.a. Customer must produce a stamped copy of the trust deed (with any amending documents) with these Terms;
10.1.b. Customer warrants that it has full power and authority to enter into any agreement with Directitude Built behalf of the trust and that Customer is bound by these Terms both personally and in its capacity as Trustee;
10.1.c. Customer warrants that, in the case of default of these Terms, Directitude Built can enforce any right or remedy accruing to it (under these Terms or otherwise) against any property in which Customer has an interest, whether in its own capacity or as a Trustee or beneficiary of any trust (including, but not limited to, under clause 18).
Trusts and Trustees. This Clause applies if you give the Indemnity as a trustee of a trust (whether or not we know about