Common use of No Security Required Clause in Contracts

No Security Required. No Entity serving as a trustee hereunder shall be required to furnish any bond or security of any kind.

Appears in 25 contracts

Sources: Trust Agreement (PermRock Royalty Trust), Trust Agreement, Trust Agreement (Boaz Energy II, LLC)

No Security Required. No Entity serving as a trustee Trustee hereunder shall be required to furnish any bond or security of any kind.

Appears in 7 contracts

Sources: Trust Agreement (SandRidge Mississippian Trust II), Trust Agreement (SandRidge Mississippian Trust II), Trust Agreement (SandRidge Mississippian Trust II)