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 (statutory or common) or other provisions of this Trust Agreement, the Sponsor shall have and may exercise on behalf of the Trust and each Fund, all rights and powers necessary, proper, convenient or advisable to effectuate and carry out the purposes, business and objectives of the Trust and each Fund, which shall include, without limitation, the right and power:

Appears in 3 contracts

Samples: Trust Agreement (AccuShares Trust I), Trust Agreement (AccuShares Commodities Trust I), Trust Agreement (AccuShares Commodities Trust I)

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Authority of Sponsor. In addition to and not in limitation of any rights and powers conferred by law (statutory or common) or other provisions of this Trust Agreement, the Sponsor shall have and may exercise on behalf of the Trust and each Fund, all powers and rights and powers necessary, proper, convenient or advisable to effectuate and carry out the purposes, business and objectives of the Trust and each Fund, which shall include, without limitation, the right and powerfollowing:

Appears in 2 contracts

Samples: Trust Agreement (ETFS Collateralized Commodities Trust), Trust Agreement (ETFS Collateralized Commodities Trust)

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