Trustee Action. The exercise by the Trustees of their powers and discretion hereunder in good faith and with reasonable care under the circumstances then prevailing shall be binding upon everyone interested. Subject to the provisions of Article IV, the Trustees shall not be liable for errors of judgment or mistakes of fact or law.
Appears in 135 contracts
Samples: Agreement and Declaration of Trust (Calamos Convertible Opportunities & Income Fund), Agreement and Declaration of Trust (Calamos Global Dynamic Income Fund), Agreement and Declaration of Trust (Cushing MLP Total Return Fund)
Trustee Action. The exercise by the Trustees of their powers and discretion discretions hereunder in good faith and with reasonable care under the circumstances then prevailing shall be binding upon everyone interested. Subject to the provisions of Article IVX hereof and to Section 11.01 of this Article XI, the Trustees shall not be liable for errors of judgment or mistakes of fact or law.
Appears in 6 contracts
Samples: Agreement and Declaration (Ishares Trust), Agreement and Declaration of Trust (Ziegler Exchange Traded Trust), Agreement and Declaration of Trust (iSHARES TRUST)
Trustee Action. The exercise by the Trustees of their powers and discretion hereunder or under the By-laws in good faith and with reasonable care under the circumstances then prevailing shall be binding upon everyone interested. Subject to the provisions of Article IV, the Trustees shall not be liable for errors of judgment or mistakes of fact or law.
Appears in 5 contracts
Samples: Agreement and Declaration of Trust (Pioneer Floating Rate Trust), Agreement and Declaration of Trust (Pioneer Municipal High Income Trust), Agreement and Declaration of Trust (Pioneer High Income Trust)
