Common use of Temporary Absence of Trustee Clause in Contracts

Temporary Absence of Trustee. Any Trustee may, by power of attorney, delegate his power for a period not exceeding six (6) months at any one time to any other Trustee or Trustees, provided that in no case shall less than two Trustees personally exercise the other powers hereunder except as herein otherwise expressly provided.

Appears in 4 contracts

Samples: Agreement and Declaration (Optimum Fund Trust), Agreement and Declaration (Optimum Fund Trust), Agreement and Declaration (Bob Trust)

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Temporary Absence of Trustee. Section 3.05. Any Trustee may, by power of attorney, delegate his or her power for a period not exceeding six (6) months at any one time to any other Trustee or Trustees, provided that in no case shall less than two Trustees personally exercise the other powers hereunder except as herein otherwise expressly provided.

Appears in 2 contracts

Samples: Trust Instrument (Fidelity Cherry Street Trust), Fidelity Cherry Street Trust

Temporary Absence of Trustee. Any Trustee may, by power of ---------------------------- attorney, delegate his power for a period not exceeding six (6) months at any one time to any other Trustee or Trustees, provided that in no case shall less than two of the Trustees personally exercise the other powers power hereunder except as herein otherwise expressly provided.

Appears in 2 contracts

Samples: Pacific Select Fund, Pacific Select Fund

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Temporary Absence of Trustee. Section 3.05 Any Trustee may, by power of attorney, delegate his power for a period not exceeding six (6) months at any one time to any other Trustee or Trustees, provided that in no case shall less than two Trustees personally exercise the other powers hereunder except as herein otherwise expressly provided.

Appears in 1 contract

Samples: Fidelity Rutland Square Trust

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