Common use of Nature of the Trust Clause in Contracts

Nature of the Trust. (a) An interest in the Trust is represented by Units. The Trust, its Units and its property shall be governed by the general law of trusts, except as such general law of trusts has been or is from time to time modified, altered or abridged for unit trusts and for the Trust by Applicable Laws or requirements imposed by applicable Securities Authorities or other regulatory authorities or by the terms, conditions and trusts set forth in this Trust Agreement.

Appears in 14 contracts

Samples: Trust Agreement (Sprott Physical Platinum & Palladium Trust), Trust Agreement (Sprott Physical Gold Trust), Trust Agreement (Sprott Physical Silver Trust)

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