Private Trust definition
Examples of Private Trust in a sentence
Private Trust will transmit an invoice to the Fund as soon as practicable after the end of each calendar month which will be detailed in accordance with Schedule C, and the Fund will pay to Private Trust the amount of such invoice within thirty (30) days after the Fund's receipt of the invoice.
Private Trust or its agent will address and mail to Shareholders of the Funds, all reports to Shareholders, dividend and distribution notices and proxy material for the Fund's meetings of Shareholders.
In the event that any check or other order for the payment of money is returned unpaid for any reason, Private Trust or its agent will: (i) give prompt notice of such return to the Fund or its designee; (ii) place a stop transfer order against all Shares issued as a result of such check or order; and (iii) take such actions as Private Trust may from time to time deem appropriate.
Private Trust may, in its sole discretion, use the services of a third party to perform some or all of such services.
Private Trust accepts such appointment and agrees to perform the duties hereinafter set forth.