Liability of Third Persons Dealing with Trustees Sample Clauses

Liability of Third Persons Dealing with Trustees. No Person dealing with the Trustees shall be bound to make any inquiry concerning the validity of any transaction made or to be made by the Trustees or to see to the application of any payments made or property transferred to the Trust or upon its order.
AutoNDA by SimpleDocs
Liability of Third Persons Dealing with Trustees. No person dealing with the Trustees shall be bound to make any inquiry concerning the validity of any actions made or to be made by the Trustees.
Liability of Third Persons Dealing with Trustees. Section 2. Dissolution of Trust or Series
Liability of Third Persons Dealing with Trustees. No person --------- ------------------------------------------------ dealing with the Trustees shall be bound to make any inquiry concerning the validity of any transaction made or to be made by the Trustees or to see to the application of any payments made or property transferred to the Trust or upon its order.
Liability of Third Persons Dealing with Trustees. 20 8. Insurance.......................................................21 ARTICLE VIIIMiscellaneous
Liability of Third Persons Dealing with Trustees. No Person dealing with the Trustees or any officer, employee or agent of the Trust shall be bound to make any inquiry concerning the validity of any transaction purporting to be made by the Trustees or by said officer, employee or agent or be liable for the application of money or property paid, loaned, or delivered to or on the order of the Trustees or of said officer, employee or agent. Every obligation, contract, instrument, certificate or other interest or undertaking of the Trust, and every other act or thing whatsoever executed in connection with the Trust, shall be conclusively taken to have been executed or done by the executors thereof only in their capacity as Trustees, officers, employees or agents of the Trust. The execution of any such obligation, contract, instrument, certificate or other interest or undertaking shall not personally bind such Trustees, officers employees or agents of the Trust or make them personally liable thereunder, nor shall it give rise to a claim against their private property or the private property of the Shareholders for the satisfaction of any obligation or claim thereunder. The Trustees may maintain insurance for the protection of the Trust Property, Shareholders, Trustees, officers, employees and agents in such amount as the Trustees shall deem advisable.
Liability of Third Persons Dealing with Trustees. Section 2. Termination of Trust or Series........................15 Section 3.
AutoNDA by SimpleDocs
Liability of Third Persons Dealing with Trustees. 23 2. Termination of Trust or Series ...................................... 23 3. Reorganization and Master/Feeder..................................... 24 4. Amendments .......................................................... 25 5. Filing of Copies, References, Headings ........................................................... 25 6.
Liability of Third Persons Dealing with Trustees. 15 Section 9.4 Merger of Classes of Shares of the Trust 15
Liability of Third Persons Dealing with Trustees. Termination of Trust or Series. . . . . . . . . . . . . . . 23 3. Reorganization and Master/Feeder. . . . . . . . . . . . . . 23 4. Amendments. . . . . . . . . . . . . . . . . . . . . . . . . 25 5. Filing of Copies, References, Headings. . . . . . . . . . . 25
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!