Common use of Authority of Sponsor Clause in Contracts

Authority of Sponsor. In addition to and not in limitation of any rights and powers conferred by law or other provisions of this Trust Agreement, and except as limited, restricted or prohibited by the express provisions of this Trust Agreement or the Delaware Trust Statute, the Sponsor shall have and may exercise on behalf of the Trust, all powers and rights necessary, proper, convenient or advisable to effectuate and carry out the purposes, business and objectives of the Trust, which shall include, without limitation, the following:

Appears in 25 contracts

Samples: Trust and Trust Agreement (Amplify Commodity Trust), Trust and Trust Agreement (Amplify Commodity Trust), Trust and Trust Agreement (ETF Managers Group Commodity Trust I)

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Authority of Sponsor. In addition to to, and not in limitation of of, any rights and powers conferred by law or other provisions of this Trust Agreement, and except as limited, restricted or prohibited by the express provisions of this Trust Agreement or the Delaware Trust Statute, the Sponsor shall have have, and may exercise on behalf of the Trust, all powers and rights necessary, proper, convenient or advisable to effectuate and carry out the purposes, business and objectives purposes of the Trust, which powers and rights shall include, without limitation, the following:

Appears in 11 contracts

Samples: Trust Agreement (Fidelity Ethereum Fund), Trust Agreement (21Shares Core Ethereum ETF), Trust Agreement (Fidelity Ethereum Fund)

Authority of Sponsor. In addition to and not in limitation of any rights and powers conferred by law or other provisions of this Trust Agreement, and except as limited, restricted or prohibited by the express provisions of this Trust Agreement (see, e.g., Sections 1.02 and 1.04) or the Delaware Trust StatuteAct, the Sponsor shall have and may exercise on behalf of the Trust, all powers and rights the Sponsor, in its sole discretion, deems necessary, proper, convenient or advisable to effectuate and carry out the purposes, business activities and objectives of the Trust, which shall include, without limitation, the following:

Appears in 5 contracts

Samples: Declaration of Trust   and   Trust Agreement (VanEck Ethereum ETF), Trust and Trust Agreement (Bitwise Ethereum ETF), Trust and Trust Agreement (VanEck Bitcoin Trust)

Authority of Sponsor. In addition to and not in limitation of any rights and powers conferred by law or other provisions of this Trust Agreement, and except as limited, restricted or prohibited by the express provisions of this Trust Agreement (e.g., see Sections 1.02 and 1.04) or the Delaware Trust StatuteAct, the Sponsor shall have and may exercise on behalf of the TrustTrust and each Series, all powers and rights the Sponsor, in its sole discretion, deems necessary, proper, convenient or advisable to effectuate and carry out the purposes, business activities and objectives of the TrustTrust and each Series, which shall include, without limitation, the following:

Appears in 4 contracts

Samples: Agreement and Declaration of Trust (Franklin Ethereum Trust), Agreement and Declaration of Trust (Franklin Templeton Digital Holdings Trust), Agreement and Declaration of Trust (Franklin Templeton Digital Holdings Trust)

Authority of Sponsor. In addition to and not in limitation of any rights and powers conferred by law or other provisions of this Trust AgreementDeclaration of Trust, and except as limited, restricted or prohibited by the express provisions of this Declaration of Trust Agreement or the Delaware Trust Statute, the Sponsor shall have and may exercise on behalf of the TrustTrust and each Fund, all powers and rights necessary, proper, convenient or advisable to effectuate and carry out the purposes, business and objectives of the TrustTrust and each Fund, which shall include, without limitation, the following:

Appears in 1 contract

Samples: Agreement and Declaration of Trust (Global Currency Gold Trust)

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Authority of Sponsor. In addition to to, and not in limitation of of, any rights and powers conferred by law or other provisions of this Trust Agreement, and except as limited, restricted or prohibited by the express provisions of this Trust Agreement or the Delaware Trust Statute, the Sponsor shall have and may exercise on behalf of the Trust, all powers and rights necessary, proper, convenient or advisable to effectuate and carry out the purposes, business and objectives purposes of the Trust, which powers and rights shall include, without limitation, the following:

Appears in 1 contract

Samples: Declaration of Trust and Trust Agreement (Grayscale Ethereum Trust (ETH))

Authority of Sponsor. In addition to and not in limitation of any rights and powers conferred by law or other provisions of this Trust Agreement, and except as limited, restricted or prohibited by the express provisions of this Trust Agreement or the Delaware Trust Statute, the Sponsor shall have and may exercise on behalf of the Trust, Trust all powers and rights necessary, proper, convenient or advisable to effectuate and carry out the purposes, business and objectives of the Trust, which shall include, without limitation, the following:

Appears in 1 contract

Samples: Declaration of Trust and Trust Agreement (AirShares(TM) EU Carbon Allowances Fund)

Authority of Sponsor. In addition to and not in limitation of any rights and powers conferred by law or other provisions of this Trust Agreement, and except as limited, restricted or prohibited by the express provisions of this Trust Agreement or the Delaware Trust Statute, the Sponsor shall have and may exercise on behalf of the Trust, all powers and rights necessary, proper, convenient or advisable to effectuate and carry out the purposes, business purposes and objectives of the Trust, which shall include, without limitation, the following:

Appears in 1 contract

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

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