Declaration definition
Examples of Declaration in a sentence
Distributors is expressly put on notice of the limitation of shareholder liability as set forth in the Declaration of Trust or other organizational document of the Issuer and agrees that the obligations assumed by the Issuer under this contract shall be limited in all cases to the Issuer and its assets.
Distributors understands that the rights and obligations of each series of shares of the Issuer under the Issuer’s Declaration of Trust or other organizational document are separate and distinct from those of any and all other series.
Notwithstanding anything to the contrary in this Declaration, nothing in the Declaration that modifies, restricts or eliminates the duties or liabilities of the Trustees and officers shall apply to, or in any way limit the duties (including state law fiduciary duties of loyalty and care), or liabilities for the breach of such duties, of such persons with respect to, claims arising under the federal securities laws.
The Company is a Delaware statutory trust within the meaning of the Delaware Statutory Trust Act, existing pursuant to this Declaration and the Company’s Certificate of Trust, each as may be amended or amended and restated from time to time.
The initial Trustee shall be the person initially signing this Declaration.