Trust Only. The Trust shall be a Delaware statutory trust organized under the Delaware Act. It is the intention of the Trustees to create only the relationship of Trustees and beneficiary between the Trustees and each Shareholder from time to time. It is not the intention of the Trustees to create a general partnership, limited partnership, joint stock association, corporation, bailment or any form of legal relationship other than a trust. Nothing in this Declaration shall be construed to make the Shareholders, either by themselves or with the Trustees, partners or members of a joint stock association.
Appears in 43 contracts
Sources: Second Amended and Restated Declaration and Agreement of Trust (NB Asset-Based Credit Fund), Declaration and Agreement of Trust (Blue Owl Alternative Credit Fund), Trust Agreement (Banner Ridge DSCO Private Markets Fund)
Trust Only. The Trust shall be a Delaware statutory trust organized under the Delaware Act. It is the intention of the Trustees to create a statutory trust pursuant to the Delaware Act, thus only creating the relationship of Trustees Trustee and beneficiary between the Trustees and each Shareholder from time to time. It is not the intention of the Trustees to create a general partnership, limited partnership, joint stock association, corporation, bailment bailment, or any form of legal relationship other than a truststatutory trust pursuant to the Delaware Act. Nothing in this Declaration shall be construed to make the Shareholders, either by themselves or with the Trustees, partners partners, or members of a joint stock association.
Appears in 18 contracts
Sources: Trust Agreement (Bexil Investment Trust), Agreement and Declaration of Trust (Bexil Investment Trust), Agreement and Declaration of Trust (Bexil Investment Trust)
Trust Only. The Trust shall be a Delaware statutory trust organized under the Delaware Act. It is the intention of the Trustees to create only the relationship of Trustees Trustee and beneficiary between the Trustees and each Shareholder from time to time. It is not the intention of the Trustees to create a general partnership, limited partnership, joint stock association, corporation, bailment or any form of legal relationship other than a Delaware statutory trust. Nothing in this Declaration shall be construed to make the Shareholders, either by themselves or with the Trustees, partners or members of a general partnership, limited partnership, joint stock associationassociation or any form of legal relationship other than a Delaware statutory trust.
Appears in 11 contracts
Sources: Agreement and Declaration of Trust (Apollo Origination II (L) Capital Trust), Agreement and Declaration of Trust (Apollo Origination II (L) Capital Trust), Agreement and Declaration of Trust (Apollo Origination II (UL) Capital Trust)
Trust Only. The Trust shall be a Delaware statutory trust organized under the Delaware Act. It is the intention of the Trustees to create only the relationship of Trustees Trustee and beneficiary between the Trustees and each Shareholder from time to time. It is not the intention of the Trustees to create a general partnership, limited partnership, joint stock association, corporation, bailment or any form of legal relationship other than a Delaware statutory trust. Nothing in this Declaration of Trust shall be construed to make the Shareholders, either by themselves or with the Trustees, partners or members of a general partnership, limited partnership, joint stock associationassociation or any form of legal relationship other than a Delaware statutory trust.
Appears in 3 contracts
Sources: Agreement and Declaration of Trust (PGIM Private Credit Fund), Agreement and Declaration of Trust (PGIM Private Credit Fund), Agreement and Declaration of Trust (PGIM Private Credit Fund)
Trust Only. The Trust shall be a Delaware statutory business trust organized under the Delaware Act. It is the intention of the Trustees to create only the relationship of Trustees Trustee and beneficiary between the Trustees and each Shareholder from time to time. It is not the intention of the Trustees to create a general partnership, limited partnership, joint stock association, corporation, bailment or any form of legal relationship other than a trust. Nothing in this Declaration shall be construed to make the Shareholders, either by themselves or with the Trustees, partners or members of a joint stock association.
Appears in 2 contracts
Sources: Declaration and Agreement of Trust (Lord Abbett Investment Trust), Trust Agreement (Lord Abbett Blend Trust)
Trust Only. The Trust shall be a Delaware statutory trust organized under the Delaware Acttrust. It is the intention of the Trustees to create only the relationship of Trustees the Trustee and beneficiary between the Trustees and each Shareholder from time to time. It is not the intention of the Trustees to create a general partnership, limited partnership, joint stock association, corporation, bailment or any form of legal relationship other than a truststatutory trust pursuant to the Delaware Act. Nothing in this Declaration shall be construed to make the Shareholders, either by themselves or with the Trustees, partners or members of a joint stock association.
Appears in 2 contracts
Sources: Agreement and Declaration of Trust (Transamerica Idex Mutual Funds), Declaration of Trust (Aegon/Transamerica Series Trust)
Trust Only. The Trust shall be a Delaware statutory trust organized under the Delaware Act. It is the intention of the Trustees to create only the relationship of Trustees Trustee and beneficiary between the Trustees and each Shareholder from time to time. It is not the intention of the Trustees to create a general partnership, limited partnership, joint stock association, corporation, bailment or any form of legal relationship other than a Delaware statutory trust. Nothing in this Declaration of Trust shall be construed to make the Shareholders, either by themselves or with the Trustees, partners or members of a general partnership, limited partnership, joint stock association.association or any form of legal relationship other than a Delaware statutory trust. β
Appears in 1 contract
Sources: Agreement and Declaration of Trust (PGIM Private Credit Fund)
Trust Only. The Trust shall be a Delaware statutory trust organized under the Delaware Statutory Trust Act. It is the intention of the Trustees to create only the relationship of Trustees and beneficiary between the Trustees and each Shareholder from time to time. It is not the intention of the Trustees to create a general partnership, limited partnership, joint stock association, corporation, bailment or any form of legal relationship other than a trust. Nothing in this Declaration shall be construed to make the Shareholders, either by themselves or with the Trustees, partners or members of a joint stock association.
Appears in 1 contract
Sources: Amended and Restated Agreement and Declaration of Trust (TCG Strategic Income Fund)
Trust Only. The Trust shall be of the type commonly termed a Delaware statutory business trust organized under the Delaware Act. It is the intention of the Trustees to create only the relationship of Trustees Trustee and beneficiary between the Trustees and each Shareholder from time to time. It is not the intention of the Trustees to create a general partnership, limited partnership, joint stock association, corporation, bailment or any form of legal relationship other than a trust. Nothing in this Declaration shall be construed to make the Shareholders, either by themselves or with the Trustees, partners or members of a joint stock association.
Appears in 1 contract
Sources: Declaration and Agreement of Trust (Lord Abbett Tax Free Income Trust)