Commencement of Business. The commencement of the Trust’s business and the sale of the Units to the Initial Purchaser pursuant to the Initial Purchaser Agreement shall commence at such time as the Managing Owner shall determine.
Appears in 5 contracts
Samples: Declaration of Trust and Trust Agreement (FactorShares 2X: S&P500 Bull/Usd Bear), Declaration of Trust and Trust Agreement (FactorShares 2X: TBond Bull/S&p500 Bear), Declaration of Trust and Trust Agreement (FactorShares 2X: Gold Bull/S&p500 Bear)
Commencement of Business. The commencement of the Trust’s business and the sale of the Units of each Fund to the Initial Purchaser pursuant to the applicable Initial Purchaser Agreement shall commence at such time as the Managing Owner shall determine.
Appears in 1 contract
Samples: Declaration of Trust and Trust Agreement (STREAM S&P Dynamic Roll Global Commodities Fund)
