Certain Costs. The Sponsor shall pay out of its own funds any and all routine tax administration expenses incurred with respect to the Trust, but not including any professional fees or expenses related to audits or any administrative or judicial proceedings with respect to the Trust that involve the IRS or state, local or other taxing authorities, which extraordinary expenses shall be payable or reimbursable pursuant to Section 4.5.
Appears in 5 contracts
Samples: Trust and Trust Agreement (Invesco Galaxy Ethereum ETF), And Trust Agreement (Invesco Galaxy Ethereum ETF), Trust and Trust Agreement (Invesco Galaxy Bitcoin ETF)