Common use of Discharge of Trustees Clause in Contracts

Discharge of Trustees. If a Trustee resigns, is removed or the Trustee’s term expires, he or she shall be fully discharged from all future duties and responsibilities in respect of this Agreement as of the date of such resignation, removal or the expiration of his or her term, as the case may be. However, a Trustee who resigns, is removed or whose term expires shall not be discharged from, and shall remain liable for, any of the Trustee’s liabilities arising hereunder prior to the effective date of his or her resignation, removal or the expiration of his or her term, as the case may be.

Discharge of Trustees. ‌ If a Trustee resigns, is removed or the Trustee’s term expires, he or she shall be fully discharged from all future duties and responsibilities in respect of this Agreement as of the date of such resignation, removal or the expiration of his or her term, as the case may be. However, a Trustee who resigns, is removed or whose term expires shall not be discharged from, and shall remain liable for, any of the Trustee’s liabilities arising hereunder prior to the effective date of his or her resignation, removal or the expiration of his or her term, as the case may be.

Discharge of Trustees. ‌ If a Trustee resigns, is removed or the Trustee’s term expires, he or she shall be fully discharged from all future duties and responsibilities in respect of this Joint Trust Agreement as of the date of such resignation, removal or the expiration of his or her term, as the case may be. However, a Trustee who resigns, is removed or whose term expires shall not be discharged from, and shall remain liable for, any of the Trustee’s liabilities arising hereunder prior to the effective date of his or her resignation, removal or the expiration of his or her term, as the case may be.

Discharge of Trustees. If a Trustee resigns, is removed or the Trustee’s term expires, he or she that individual shall be fully discharged from all future duties and responsibilities in respect of this Joint Trust Agreement as of the date of such resignation, removal or the expiration of his or her term, as the case may be. However, a Trustee who resigns, is removed or whose term expires shall not be discharged from, and shall remain liable for, any of the Trustee’s liabilities arising hereunder prior to the effective date of his or her resignation, removal or the expiration of his or her term, as the case may be.

Discharge of Trustees. If a Trustee resigns, is removed or the Trustee’s term expires, he or she that individual shall be fully discharged from all future duties and responsibilities in respect of this Joint Trust Agreement as of the date of such resignation, removal or the expiration of his or her term, as the case may be. However, a Trustee who resigns, is removed or whose term expires shall not be discharged from, and shall remain liable for, any of the Trustee’s liabilities arising hereunder prior to the effective date of his or her resignation, removal or the expiration of his or her term, as the case may be.