Common use of No Bond Required Clause in Contracts

No Bond Required. No bond shall be required of any Trustee serving hereunder, but the Trustees may elect to carry fidelity insurance on behalf of and at the expense of the Trust covering the actions of the Trustees and their employees and agents.

Appears in 1 contract

Samples: North European Oil Royalty Trust

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No Bond Required. No bond shall be required of any Trustee serving hereunderhe- reunder, but the Trustees may elect to carry fidelity insurance on behalf of and at the expense of the Trust covering the actions of the Trustees and their employees and agents.

Appears in 1 contract

Samples: In Trust Agreement

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No Bond Required. No bond shall be required of any Trustee serving hereunderhere- under, but the Trustees may elect to carry fidelity insurance on behalf of and at the expense of the Trust covering the actions of the Trustees and their employees and agents.

Appears in 1 contract

Samples: In Trust Agreement

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