Common use of Certain Matters Relating to Shareholders Clause in Contracts

Certain Matters Relating to Shareholders. (a) By the purchase and acceptance or other lawful delivery and acceptance of Shares, each Shareholder shall be deemed to be a beneficiary of the Trust created by this Declaration of Trust and vested with beneficial undivided interest in the Trust to the extent of the Shares owned beneficially by such Shareholder, subject to the terms and conditions of this Declaration of Trust. Upon issuance as provided herein, Shares shall be fully paid and non-assessable.

Appears in 7 contracts

Samples: Agreement and Declaration, Agreement and Declaration (World Gold Trust), Agreement and Declaration (World Gold Trust)

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Certain Matters Relating to Shareholders. (a) By the purchase and acceptance or other lawful delivery and acceptance of Shares, each Shareholder shall be deemed to be a beneficiary of the Trust created by this Declaration of Trust Agreement and vested with beneficial undivided interest in the Trust to the extent of the Shares owned beneficially by such Shareholder, subject to the terms and conditions of this Declaration of TrustTrust Agreement. Upon issuance as provided herein, Shares shall be fully paid and non-assessable.

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)

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Certain Matters Relating to Shareholders. (a) By the purchase and acceptance or other lawful delivery and acceptance of Shares, each Shareholder shall be deemed to be a beneficiary of the Trust created by this Declaration of Trust Agreement and vested with beneficial undivided interest in the Trust to the extent of the Shares owned beneficially by such Shareholder, subject to the terms and conditions of this Declaration of TrustTrust Agreement. Upon issuance as provided herein, Shares shall be fully paid and non-non- assessable.

Appears in 2 contracts

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

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