REPRESENTATIONS OF THE TRUST. The Trust certifies to Ultimus that: (1) as of the close of business on the Effective Date, each Portfolio that is in existence as of the Effective Date has authorized unlimited shares, and (2) this Agreement has been duly authorized by the Trust and, when executed and delivered by the Trust, will constitute a legal, valid and binding obligation of the Trust, enforceable against the Trust in accordance with its terms, subject to bankruptcy, insolvency, reorganization, moratorium and other laws of general application affecting the rights and remedies of creditors and secured parties.
Appears in 214 contracts
Sources: Mutual Fund Services Agreement (Schwartz Investment Trust), Fund Accounting Agreement (Hussman Investment Trust), Administration Agreement (Hussman Investment Trust)
REPRESENTATIONS OF THE TRUST. The Trust certifies to Ultimus that: (1) as of the close of business on the Effective Date, each Portfolio Fund that is in existence as of the Effective Date has authorized unlimited shares, and (2) this Agreement has been duly authorized by the Trust and, when executed and delivered by the Trust, will constitute a legal, valid and binding obligation of the Trust, enforceable against the Trust in accordance with its terms, subject to bankruptcy, insolvency, reorganization, moratorium and other laws of general application affecting the rights and remedies of creditors and secured parties.
Appears in 77 contracts
Sources: Fund Accounting Agreement (WST Investment Trust), Administration Agreement (WST Investment Trust), Fund Accounting Agreement (Ultimus Managers Trust)
REPRESENTATIONS OF THE TRUST. The Trust certifies to Ultimus that: (1) as of the close of business on the Effective Date, each Portfolio Fund that is in existence as of the Effective Date has authorized unlimited shares, and (2) this Agreement has been duly authorized by the Trust and, when executed and delivered by the TrustTrust and Ultimus, will constitute a legal, valid and binding obligation of the Trust, enforceable against the Trust in accordance with its terms, subject to bankruptcy, insolvency, reorganization, moratorium and other laws of general application affecting the rights and remedies of creditors and secured parties.
Appears in 22 contracts
Sources: Administration Agreement (Ultimus Managers Trust), Administration Agreement (Ultimus Managers Trust), Administration Agreement (Ultimus Managers Trust)
REPRESENTATIONS OF THE TRUST. The Trust certifies to Ultimus that: (1) as of the close of business on the Effective Date, each Portfolio that is in existence as of the Effective Date has authorized unlimited shares, and (2) this Agreement has been duly authorized by the Trust and, when executed and delivered by the Trust, will constitute a legal, valid and binding obligation of the Trust, enforceable against the Trust in accordance with its terms, subject to bankruptcy, insolvency, reorganization, moratorium and other laws of general application affecting the rights and remedies of creditors and secured parties.
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