Common use of Number, Election, Term, Removal and Resignation Clause in Contracts

Number, Election, Term, Removal and Resignation. (a) The Board of Trustees shall be comprised of the initial Trustees initially signing this Declaration of Trust on the date first written above, and the number of Trustees shall be the number of persons so signing until changed by the Trustees in accordance with paragraph (b) of this Section 1. Such Trustees shall hold office in accordance with paragraph (c) of this Section 1 and as otherwise provided herein. In accordance with Section 3801 of the DSTA, each Trustee shall become a Trustee and be bound by this Declaration of Trust and the By-Laws when such Person signs this Declaration of Trust as a trustee and/or is duly elected or appointed, qualified and serving on the Board of Trustees in accordance with the provisions hereof and the By-Laws, so long as such signatory or other Person continues in office in accordance with the terms hereof.

Appears in 3 contracts

Samples: Agreement and Declaration (Macquarie ETF Trust), Agreement and Declaration (Macquarie ETF Trust), Agreement and Declaration (Macquarie ETF Trust)

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Number, Election, Term, Removal and Resignation. (a) The initial Board of Trustees shall be comprised of the initial Trustees initially signing Trustee entering into this Declaration of Trust on the date first written above, and the number of Trustees shall be the number of persons so signing until changed by the Trustees in accordance with paragraph (b) of this Section 1. Such Trustees who shall hold office in accordance with paragraph (c) of this Section 1 1. The initial Trustee shall (i) execute and as otherwise provided hereinfile or cause to be filed the Certificate of Trust with the office of the Secretary of State of the State of Delaware and (ii) adopt the By-Laws. In accordance with Section 3801 of the DSTA, each Trustee shall become a Trustee and be bound by this Declaration of Trust and the By-Laws when such Person signs this Declaration of Trust as a trustee and/or is duly elected or appointed, qualified and serving on the Board of Trustees in accordance with the provisions hereof and the By-Laws, so long as such signatory or other Person continues in office in accordance with the terms hereof.

Appears in 3 contracts

Samples: Agreement and Declaration (California Investment Trust), Agreement and Declaration (Gartmore Variable Insurance Trust), Agreement and Declaration (Gartmore Mutual Funds)

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Number, Election, Term, Removal and Resignation. (a) The Board of Trustees shall be comprised of the initial Trustees initially signing entering into this Declaration of Trust on the date first written above, and the number of . The Trustees shall (i) execute and file or cause to be filed the number Certificate of persons so signing until changed by Trust with the Trustees in accordance with paragraph office of the Secretary of State of the State of Delaware and (bii) of this Section 1. Such Trustees shall hold office in accordance with paragraph (c) of this Section 1 and as otherwise provided hereinadopt the By-Laws. In accordance with Section 3801 of the DSTA, each Trustee shall become a Trustee and be bound by this Declaration of Trust and the By-Laws when such Person signs this Declaration of Trust as a trustee and/or is duly elected or appointed, qualified and serving on the Board of Trustees in accordance with the provisions hereof and the By-Laws, so long as such signatory or other Person continues in office in accordance with the terms hereof.

Appears in 1 contract

Samples: Agreement and Declaration (TIGERS Revenue Trust)

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