Common use of Assets of the Trust Clause in Contracts

Assets of the Trust. The Trust Estate shall irrevocably belong to the Trust for all purposes, subject only to the rights of creditors of the Trust and shall be so recorded upon the books of account of the Trust.

Appears in 12 contracts

Samples: Trust Agreement (Fidelity Ethereum Fund), Declaration of Trust and Trust Agreement (Grayscale Ethereum Trust (ETH)), Trust Agreement (21Shares Core Ethereum ETF)

AutoNDA by SimpleDocs

Assets of the Trust. The Trust Estate shall irrevocably belong to the Trust for all purposes, subject only to the rights of creditors of the Trust and except as may otherwise be required by applicable tax laws, and shall be so recorded upon the books of account of the Trust.

Appears in 1 contract

Samples: Declaration of Trust and Trust Agreement (Osprey Bitcoin Trust)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!