Unit Trust Agreement Sample Clauses
A Unit Trust Agreement is a legal document that establishes the terms and conditions under which a unit trust operates. It outlines the roles and responsibilities of the trustee and the beneficiaries, details how units are issued and redeemed, and sets forth the rules for managing the trust's assets. For example, it may specify how income is distributed to unit holders and the procedures for appointing or removing trustees. The core function of this agreement is to provide a clear governance structure for the trust, ensuring that all parties understand their rights and obligations, and to protect the interests of the beneficiaries by setting out transparent management and distribution processes.
Unit Trust Agreement. Annex A forms part of the Unit Trust Agreement. The Unit Trust Agreement may be amended or supplemented, in whole or in part, at any time. Such amendments (including amendments to Annex A) require prior approval of the FMA in order to become effective and must not be implemented before such approval is granted. Amendments of documents other than the Unit Trust Agreement, i.e. the Prospectus and Annex B, C and D, are not subject to prior review by the FMA, must, however, be notified to the FMA. Any and all amendments to the Unit Trust Agreement will be published on the website of the LAFV, ▇▇▇.▇▇▇▇.▇▇ and, thereafter, will be legally binding on all Unitholders.
Unit Trust Agreement. The Unit Trust Agreement comprises a general section and Annex A “Overview of Sub-Funds”. The Unit Trust Agreement and Annex A “Overview of Sub-Funds” are reproduced in full, and may be amended or supplemented in whole or in part at any time by the Management Company. Changes to the Unit Trust Agreement and to Annex A “Overview of Sub-Funds” require the prior approval of the FMA Liechtenstein. Any amendment to the Unit Trust Agreement and to Annex A “Overview of Sub-Funds” shall be published in the official publication medium of the UCITS and thereafter shall be legally binding on all investors.
Unit Trust Agreement. Annex A forms part of the Unit Trust Agreement. The Unit Trust Agreement may be amended or supplemented, in whole or in part, at any time. Such amendments (including amendments to Annex A) require prior approval of the FMA in order to become effective and must not be implemented before such approval is granted. Amendments of documents other than the Unit Trust Agreement, i.e. the Prospectus and Annex B, C and D, are not subject to prior review by the FMA, must, however, be notified to the FMA. Any and all amendments to the Unit Trust Agreement will be published on the website of the LAFV, Error! Hyperlink reference not valid.