CONSENT OF THE TRUST Clause Samples
The 'Consent of the Trust' clause establishes that certain actions or decisions under the agreement require the explicit approval of the trust or its authorized representatives. In practice, this means that the parties must obtain written or documented consent from the trust before proceeding with specified activities, such as amendments to the agreement, transfers of interest, or significant operational changes. This clause ensures that the trust maintains control over key decisions, protecting its interests and preventing unauthorized actions that could affect the trust's assets or beneficiaries.
CONSENT OF THE TRUST. By executing this Agreement, the Trust expressly consents to the transfer, assumption and amendment of the Advisory Agreement as set forth in this Agreement.
CONSENT OF THE TRUST. By executing this Agreement, the Trust expressly consents to the transfer, assumption and amendment of the Advisory Agreement and of the Expense Limitation Agreement as set forth in this Agreement, including without limitation the transfer to the Transferee of the right to recapture fees previously waived and/or expenses previously reimbursed by the Adviser subject to the terms and limitations of the Expense Limitation Agreement.