Common use of Statutory Trust Only Clause in Contracts

Statutory Trust Only. It is the intention of the Trustees to create a statutory trust pursuant to the Delaware Act. It is not the intention of the Trustees to create a general partnership, limited partnership, joint stock association, corporation, bailment, or any form of legal relationship other than a statutory trust pursuant to the Delaware Act. Nothing in this Declaration of Trust shall be construed to make the Shareholders, either by themselves or with the Trustees, partners or members of a joint stock association.

Appears in 215 contracts

Samples: Agreement and Declaration (OFI Series Trust), Stone Ridge Trust (Stone Ridge Trust), Agreement and Declaration of Trust (Virtus Variable Insurance Trust)

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Statutory Trust Only. It is the intention of the Trustees to create form a statutory trust pursuant to the Delaware Act. It is not the intention of the Trustees to create a general partnership, limited partnership, joint stock association, corporation, bailment, bailment or any form of legal relationship other than a statutory trust pursuant to the Delaware Act. Nothing in this Declaration of Trust shall be construed to make the Shareholders, either by themselves or with the Trustees, partners or members of a joint stock association.

Appears in 28 contracts

Samples: Agreement and Declaration of Trust (Carillon Series Trust), Agreement and Declaration of Trust (John Hancock GA Mortgage Trust), The Agreement (Federated Hermes Adviser Series)

Statutory Trust Only. It is the intention of the Trustees to create a statutory trust pursuant to the Delaware Act. It is not the intention of the Trustees to create a general partnership, limited partnership, joint stock association, corporation, bailment, or any form of legal relationship other than a statutory trust pursuant to the Delaware Act. Nothing in this Declaration of Trust shall be construed to make the Shareholders, either by themselves or with the Trustees, partners partners, or members of a joint stock association.

Appears in 24 contracts

Samples: Agreement and Declaration (Evergreen Global Dividend Opportunity Fund), Agreement and Declaration (Evergreen Global Dividend Opportunity Fund), Agreement and Declaration (Evergreen Global Dividend Opportunity Fund)

Statutory Trust Only. It is the intention of the Trustees to create that the Trust continue as a statutory trust pursuant to the Delaware Act. It is not the intention of the Trustees to create have created a general partnership, limited partnership, joint stock association, corporation, bailment, or any form of legal relationship other than a statutory trust pursuant to the Delaware Act. Nothing in this Declaration of Trust shall be construed to make the Shareholders, either by themselves or with the Trustees, partners or members of a joint stock association.

Appears in 14 contracts

Samples: Agreement and Declaration (American Beacon Apollo Total Return Fund), Agreement and Declaration (Ivy Variable Insurance Portfolios), Agreement and Declaration (Ivy Funds)

Statutory Trust Only. It is the intention of the Trustees parties hereto to create a statutory trust pursuant to the Delaware ActTrust Statute. It is not the intention of the Trustees parties hereto to create a general partnership, limited partnership, joint stock association, corporation, bailment, or any form of legal relationship other than a statutory trust pursuant to the Delaware ActTrust Statute. Nothing in this Declaration of Trust Agreement shall be construed to make the Shareholders, either by themselves or with the TrusteesTrustee and the Sponsor, partners or members of a joint stock association.

Appears in 9 contracts

Samples: Trust Agreement (ProShares Trust II), Trust Agreement (Dynamic Shares Trust), Trust Agreement (Metaurus Equity Component Trust)

Statutory Trust Only. It is the intention of the Trustees to create a statutory trust pursuant to the Delaware ActAct and to create only the relationship of Trustee and beneficiary between the Trustees and each Shareholder from time to time. It is not the intention of the Trustees to create a general partnership, limited partnership, joint stock association, corporation, bailment, or any form of legal relationship other than a statutory trust pursuant to the Delaware Act. Nothing in this Declaration of Trust shall be construed to make the Shareholders, either by themselves or with the Trustees, partners partners, or members of a joint stock association.

Appears in 9 contracts

Samples: Agreement and Declaration of Trust (VanEck Coastland Online Finance Term Fund), Agreement and Declaration of Trust (THL Credit Senior Loan Fund), Agreement and Declaration of Trust (MainStay CBRE Global Infrastructure Megatrends Fund)

Statutory Trust Only. It is the intention of the Trustees to create a statutory trust pursuant to the Delaware ActAct and to create only the relationship of Trustee and beneficiary between the Trustees and each Shareholder from time to time. It is not the intention of the Trustees to create a general partnership, limited partnership, joint stock association, corporation, bailment, or any form of legal relationship other than a statutory trust pursuant to the Delaware Act. Nothing in this Declaration of Trust shall be construed to make the Shareholders, either by themselves or with the Trustees, partners or members of a joint stock association.

Appears in 8 contracts

Samples: Agreement and Declaration of Trust (Thornburg Income Builder Opportunities Trust), Agreement and Declaration of Trust (Thornburg Strategic Income Opportunities Trust), Agreement and Declaration of Trust (Thornburg Durable Allocation & Income Trust)

Statutory Trust Only. It is the intention of the Trustees to create a statutory trust pursuant to the Delaware Act. It is not the intention of the Trustees to create a general partnership, limited partnership, joint stock association, corporation, bailment, or any form of legal relationship other than a statutory trust pursuant to the Delaware Act. Nothing in this Declaration of Trust Instrument shall be construed to make the Shareholders, either by themselves or with the Trustees, partners partners, or members of a joint stock association.

Appears in 6 contracts

Samples: Agreement and Declaration of Trust (Total Fund Solution), And Restated Agreement and Declaration of Trust (Cantor Select Portfolios Trust), Agreement and Declaration of Trust (Total Fund Solution)

Statutory Trust Only. It is the intention of the Trustees to create a statutory trust pursuant to the Delaware ActAct and to create only the relationship of Trustee and beneficiary between the Trustees and each Shareholder from time to time. It is not the intention of the Trustees to create a general partnership, limited partnership, joint stock association, corporation, bailment, bailment or any form of legal relationship other than a statutory trust pursuant to the Delaware Act. Nothing in this Declaration of Trust shall be construed to make the Shareholders, either by themselves or with the Trustees, partners partners, or members of a joint stock association.

Appears in 6 contracts

Samples: Agreement and Declaration of Trust (Private Advisors Alternative Strategies Master Fund), Agreement and Declaration (Private Advisors Alternative Strategies Master Fund), Agreement and Declaration of Trust (Private Advisors Alternative Strategies Fund)

Statutory Trust Only. It is the intention of the Trustees to create a statutory trust pursuant to the Delaware Statutory Trust Act. It is not the intention of the Trustees to create a general partnership, limited partnership, joint stock association, corporation, bailment, or any form of legal relationship other than a statutory trust pursuant to the Delaware Act. Nothing in this Declaration of Trust shall be construed to make the Shareholders, either by themselves or with the Trustees, partners or members of a joint stock association.

Appears in 4 contracts

Samples: Equity Fund Agreement (Highland Premium Long/Short Equity Fund), Fund Agreement and Declaration (Highland/U.S. Global Infrastructure Fund), Highland Special Situations Fund Ii Agreement (Highland Special Situations Fund II)

Statutory Trust Only. It is the intention of the Trustees to create a statutory trust pursuant to the Delaware Act. It is not the intention of the Trustees to create a general partnership, limited partnership, joint stock association, corporation, bailment, or any form of legal relationship other than a statutory trust pursuant to the Delaware Act, except inasmuch as the Trust is to be a partnership for tax purposes. Nothing in this Declaration of Trust shall be construed to make the Shareholders, either by themselves or with the Trustees, partners or members of a joint stock association, except inasmuch as the Trust is to be a partnership for tax purposes.

Appears in 2 contracts

Samples: Campbell Multi-Strategy Trust, Campbell Multi-Strategy Trust

Statutory Trust Only. It is the intention of the Trustees to create a statutory trust pursuant to the Delaware Statutory Trust Act. It is not the intention of the Trustees to create a general partnership, limited partnership, joint stock association, corporation, bailment, or any form of legal relationship other than a statutory trust pursuant to the Delaware Statutory Trust Act. Nothing in this Declaration of Trust shall be construed to make the Shareholders, either by themselves or with the Trustees, partners or members of a joint stock association.

Appears in 2 contracts

Samples: Fund Agreement (Highland Premium Dividend Fund), Healthcare Fund Agreement (Highland Premium Long/Short Healthcare Fund)

Statutory Trust Only. It is the intention of the Trustees parties hereto to create a statutory trust pursuant to the Delaware Act. It is not the intention of the Trustees parties hereto to create a general partnership, limited partnership, joint stock association, corporation, bailment, or any form of legal relationship other than a statutory trust pursuant to the Delaware Act. Nothing in this Amended and Restated Declaration of Trust shall be construed to make the Shareholders, either by themselves or with the TrusteesTrustee, partners or members of a joint stock association.

Appears in 2 contracts

Samples: Invesco Galaxy Bitcoin (Invesco Galaxy Bitcoin ETF), Trust and Trust Agreement (Invesco Galaxy Bitcoin ETF)

Statutory Trust Only. It is the intention of the Trustees to -------------------- create a statutory trust pursuant to the Delaware Act. It is not the intention of the Trustees to create a general partnership, limited partnership, joint stock association, corporation, bailment, or any form of legal relationship other than a statutory trust pursuant to the Delaware Act. Nothing in this Declaration of Trust shall be construed to make the Shareholders, either by themselves or with the Trustees, partners or members of a joint stock association.

Appears in 2 contracts

Samples: Agreement and Declaration (Managed Account Series), Merrill Lynch Inflation Protected Bond Fund

Statutory Trust Only. It is the intention of the Trustees to create that the Trust continue as a statutory trust pursuant to the Delaware Act. It is not the intention of the Trustees to create have created a general partnership, limited partnership, joint stock association, corporation, bailment, or any form of legal relationship other than a statutory trust pursuant to the Delaware Act. Nothing in this Declaration of Trust shall be construed to make the Shareholders, either by themselves or with the Trustees, partners partners, or members of a joint stock association.

Appears in 2 contracts

Samples: Agreement and Declaration of Trust (Allianz Variable Insurance Products Trust), And Restated Agreement (Allianz Variable Insurance Products Fund of Funds Trust)

Statutory Trust Only. It is the intention of the Trustees to create a statutory trust pursuant to the Delaware Act. It is not the intention of the Trustees to create a general partnership, limited partnership, joint stock association, corporation, bailment, bailment or any form of legal relationship other than a statutory trust pursuant to the Delaware Act. Nothing in this Declaration of Trust shall be construed to make the Shareholders, either by themselves or with the Trustees, partners or members of a joint stock association.

Appears in 1 contract

Samples: Agreement and Declaration (FS Series Trust)

Statutory Trust Only. It is the intention of the Trustees to create a statutory trust pursuant to the Delaware Statutory Trust Act, as amended from time to time (the “Act”), and thereby to create only the relationship of trustee and beneficial owners within the meaning of such Act between the Trustees and each Shareholder. It is not the intention of the Trustees to create a general partnership, limited partnership, joint stock association, corporation, bailment, or any form of legal relationship other than a statutory trust pursuant to the Delaware such Act. Nothing in this Declaration of Trust shall be construed to make the Shareholders, either by themselves or with the Trustees, partners or members of a joint stock association.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Brandes Investment Trust)

Statutory Trust Only. It is the intention of the Trustees to create a statutory trust pursuant to the Delaware Act. It is not the intention of the Trustees to create a general partnershipor limited partnership (subject to Article VIII, limited partnershipSection 1), joint stock association, corporation, bailment, or any form of legal relationship other than a statutory trust pursuant to the Delaware Act. Nothing in this Declaration of Trust shall be construed to make the Shareholders, either by themselves or with the Trustees, partners or members of a joint stock association.

Appears in 1 contract

Samples: Agreement and Declaration (Prudential Series Fund)

Statutory Trust Only. It is the intention of the Trustees to create a statutory trust pursuant to the Delaware Act. It is not the intention of the Trustees to create a general partnership, limited partnership, joint stock association, corporation, bailment, or any form of legal relationship other than a statutory trust pursuant to the Delaware Act. Nothing in 38 this Declaration of Trust shall be construed to make the Shareholders, either by themselves or with the Trustees, partners or members of a joint stock association.

Appears in 1 contract

Samples: Jennison 20/20 Focus Fund

Statutory Trust Only. It is the intention of the Trustees parties hereto to create a statutory trust pursuant to the Delaware Act. It is not the intention of the Trustees parties hereto to create a general partnership, limited partnership, joint stock association, corporation, bailment, or any form of legal relationship other than a statutory trust pursuant to the Delaware Act. Nothing in this Declaration of Trust and Trust Agreement shall be construed to make the Shareholders, either by themselves or with the TrusteesTrustee, partners or members of a joint stock association.

Appears in 1 contract

Samples: Declaration of Trust and Trust Agreement (Winklevoss Bitcoin Trust)

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Statutory Trust Only. It is the intention of the Trustees to create a statutory trust pursuant to the Delaware Act. It is not the intention of the Trustees to create a general partnership, limited partnership, joint stock association, corporation, bailment, or any form of legal relationship other than a statutory trust pursuant to the Delaware Act. Nothing in this Declaration of Trust shall be construed to make the Shareholders, either by themselves or with the TrusteestheTrustees, partners partners, or members of a joint stock association.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Evergreen Select Equity Trust)

Statutory Trust Only. It is the intention of the Trustees to create a statutory trust pursuant to the Delaware Act. It is not , and thereby to create only the intention relationship of trustee and beneficial owners within the meaning of such Act between the Trustees to create a general partnership, limited partnership, joint stock association, corporation, bailment, or any form of legal relationship other than a statutory trust pursuant to the Delaware Act. Nothing in this Declaration of Trust shall be construed to make the Shareholders, either by themselves or with the Trustees, partners or members of a joint stock association.and each

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Vanguard Admiral Funds)

Statutory Trust Only. It is the intention of the Trustees parties hereto to create a statutory trust pursuant to the Delaware ActTrust Statute. It is not the intention of the Trustees parties hereto to create a general partnership, limited partnership, joint stock association, corporation, bailment, or any form of legal relationship other than a statutory trust pursuant to the Delaware ActTrust Statute. Nothing in this Declaration of Trust Agreement shall be construed to make the Shareholders, either by themselves or with the TrusteesTrustee and the Managing Owner, partners or members of a joint stock association.

Appears in 1 contract

Samples: Trust Agreement (Market Vectors Commodity Trust)

Statutory Trust Only. It is the intention of the Trustees to create only the relationship of Trustee and a beneficiary owner of a Delaware statutory trust pursuant (subject to the Delaware Actterms of this Declaration) between the Trustees and each Shareholder from time to time. It is not the intention of the Trustees to create a general partnership, limited partnership, joint stock association, corporation, bailment, bailment or any form of legal relationship other than a statutory trust pursuant to the Delaware Acttrust. Nothing in this Declaration of Trust shall be construed to make the Shareholders, either by themselves or with the Trustees, partners or members of a joint stock association.

Appears in 1 contract

Samples: Agreement and Declaration of Trust (BlackRock Science & Technology Trust II)

Statutory Trust Only. It is the intention of the Trustees to create a statutory trust pursuant to the Delaware Act. It is not the intention of the Trustees to create a general partnership, limited partnership, joint stock association, corporation, bailment, or any form of legal relationship other than a statutory trust pursuant to the Delaware Act. Nothing in this Declaration of Trust shall be construed to make the Shareholders, either by themselves or with the Trustees, partners partners, or members of a joint stock association.. THE PRINCIPAL PLACE OF BUSINESS OF THE TRUST IS: 5000 Xxxxxx Xxxxx Xxxxx Xxxxxxxxxxx, Xxxxxxxxx 00000

Appears in 1 contract

Samples: Declaration of Trust (Allianz Variable Insurance Products Fund of Funds Trust)

Statutory Trust Only. It is the intention of the Trustees to create a statutory trust pursuant to the Delaware Act. It is not the intention of the Trustees to create a general partnership, limited partnership, joint stock association, corporation, bailment, or any form of legal relationship other than a statutory trust pursuant to the Delaware Act. Nothing in this Declaration of Trust shall be construed to make the Shareholders, either by themselves or with the Trustees, partners or members of a joint stock association.. [Missing Graphic Reference]

Appears in 1 contract

Samples: Agreement and Declaration of Trust (BlackRock Long-Horizon Equity Fund)

Statutory Trust Only. It is the intention of the Trustees to create a statutory trust pursuant to the Delaware Act, and thereby to create only the relationship of trustee and beneficial owners within the meaning of such Act between the Trustees and each Shareholder. It is not the intention of the Trustees to create a general partnership, limited partnership, joint stock association, corporation, bailment, joint venture, or any form of legal relationship other than a statutory trust pursuant to the Delaware Act. Nothing in this Declaration of Trust shall be construed to make the Shareholders, either by themselves or with the Trustees, partners or members of a joint stock association.this

Appears in 1 contract

Samples: Vanguard Municipal Bond Funds

Statutory Trust Only. It is the intention of the Trustees to create that the Trust continue as a statutory trust pursuant to the Delaware Act. It is not the intention of the Trustees to create have created a general partnership, limited partnership, joint stock association, corporation, bailment, or any form of legal relationship other than a statutory trust pursuant to the Delaware Act. Nothing in this Declaration of Trust shall be construed to make the Shareholders, either by themselves or with the Trustees, partners partners, or members of a joint stock association.

Appears in 1 contract

Samples: Agreement and Declaration (Eq Advisors Trust)

Statutory Trust Only. It is the intention of the Trustees to create a statutory trust pursuant to the Delaware Act. It is not , and thereby to create only the intention relationship of trustee and beneficial owners within the meaning of such Act between the Trustees to create a general partnershipand each 48160, limited partnership, joint stock association, corporation, bailment, or any form of legal relationship other than a statutory trust pursuant to the Delaware Act. Nothing in this Declaration of Trust shall be construed to make the Shareholders, either by themselves or with the Trustees, partners or members of a joint stock association.v0.2 20

Appears in 1 contract

Samples: Vanguard Money Market Reserves

Statutory Trust Only. It is the intention of the Trustees to create that the Trust continue as a statutory trust pursuant to the Delaware Act. It is not the intention of the Trustees to create have created a general partnership, limited partnership, joint stock association, corporation, bailment, or any form of legal relationship other than a statutory trust pursuant to the Delaware Act. Nothing in this Declaration Declaration. of Trust shall be be, construed to make the Shareholders, either by themselves or with the Trustees, partners partners, or members of a joint stock association.

Appears in 1 contract

Samples: Agreement and Declaration (Eq Advisors Trust)

Statutory Trust Only. It is the intention of the Trustees to create that the Trust continue as a statutory trust pursuant to the Delaware Act. It is not the intention of the Trustees to create have created a general partnership, limited partnership, joint stock association, corporation, bailment, or any form of legal relationship other than a statutory trust pursuant to the Delaware Act. Nothing in this Declaration of Trust shall be construed to make the Shareholders, either by themselves or with the Trustees, partners or members of a joint stock association.Delaware

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Putnam ETF Trust)

Statutory Trust Only. It is the intention of the Trustees parties hereto to create a statutory trust pursuant to the Delaware ActTrust Statute. It is not the intention of the Trustees parties hereto to create a common law trust, general partnership, limited partnership, joint stock association, corporation, bailment, or any form of legal relationship other than a statutory trust pursuant to the Delaware ActTrust Statute. Nothing in this Declaration of Trust Agreement shall be construed to make the Shareholders, either by themselves or with the TrusteesTrustee and the Sponsor, partners or members of a joint stock association.

Appears in 1 contract

Samples: Trust Agreement (Direxion Shares ETF Trust II)

Statutory Trust Only. It is the intention of the Trustees to create a statutory trust pursuant to the Delaware Business Trust Act, as amended from time to time (the "Act"), and thereby to create only the relationship of trustee and beneficial owners within the meaning of such Act between the Trustees and each Shareholder. It is not the intention of the Trustees to create a general partnership, limited partnership, joint stock association, corporation, bailment, or any form of legal relationship other than a statutory trust pursuant to the Delaware such Act. Nothing in this Declaration of Trust shall be construed to make the Shareholders, either by themselves or with the Trustees, partners or members of a joint stock association.

Appears in 1 contract

Samples: Agreement and Declaration (Sit Mutual Funds Trust)

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