Common use of Authorization of Registration Statements Clause in Contracts

Authorization of Registration Statements. Each Limited Shareholder (or any permitted assignee thereof) hereby agrees that the Sponsor, the Trust, and the Trustee are authorized to execute, deliver and perform the agreements, acts, transactions and matters contemplated hereby or described in or contemplated by the Registration Statements on behalf of the Trust without any further act, approval or vote of the Limited Shareholders of the Funds, notwithstanding any other provision of this Trust Agreement, the Delaware Trust Statute or any applicable law, rule or regulation.

Authorization of Registration Statements. Each Limited Shareholder (or any permitted assignee thereof) hereby agrees that the SponsorTrust, the TrustManager, each Board Trustee and the Resident Delaware Trustee are authorized to execute, deliver and perform the agreements, acts, transactions and matters contemplated hereby or described in or contemplated by the Registration Statements Statement on the Trust’s behalf of the Trust without any further act, approval or vote of the Limited Shareholders of the FundsShareholders, notwithstanding any other provision of this Trust Agreement, the Delaware Trust Statute or any applicable law, rule or regulation.

Authorization of Registration Statements. Each Limited Shareholder (or any permitted assignee thereof) hereby agrees that the Sponsor, the Trust, and the Trustee are Sponsor is authorized to execute, deliver and perform the agreements, acts, transactions and matters contemplated hereby or described in or contemplated by the Registration Statements Statement on behalf of the Trust without any further act, approval or vote of the Limited Shareholders of the FundsShareholders, notwithstanding any other provision of this Trust Agreement, the Delaware Trust Statute or any applicable law, rule or regulation.

Authorization of Registration Statements. Each Limited Shareholder Owner (or any permitted assignee thereof) hereby agrees that the SponsorTrust, the Trust, Managing Owner and the Trustee are authorized to execute, deliver and perform the agreements, acts, transactions and matters contemplated hereby or described in or contemplated by the Registration Statements on behalf of the Trust without any further act, approval or vote of the Limited Shareholders of the FundsOwners, notwithstanding any other provision of this Trust Agreement, the Delaware Trust Statute or any applicable law, rule or regulation.

Authorization of Registration Statements. Each Limited Shareholder (or any permitted assignee thereof) hereby agrees that the SponsorTrust, the TrustManager, each Independent Committee Member and the Resident Delaware Trustee are authorized to execute, deliver and perform the agreements, acts, transactions and matters contemplated hereby or described in or contemplated by the Registration Statements Statement on the Trust’s behalf of the Trust without any further act, approval or vote of the Limited Shareholders of the FundsShareholders, notwithstanding any other provision of this Trust Agreement, the Delaware Trust Statute or any applicable law, rule or regulation.