Common use of Effectiveness and Termination Clause in Contracts

Effectiveness and Termination. Upon the execution of this Agreement by the parties hereto, this Agreement shall become effective in this form as of the date first set forth above, and may be terminated at any time by any party upon thirty (30) days prior written notice to the other parties unless earlier terminated: (i) in accordance with Section 2(a); (ii) upon notice to the Authorized Purchaser by the General Partner in the event of a breach by the Authorized Purchaser of this Agreement or the procedures described or incorporated herein; or (iii) at such time as the Fund is terminated.

Appears in 15 contracts

Samples: Authorized Purchaser Agreement (United States 12 Month Natural Gas Fund, LP), Authorized Purchaser Agreement (United States Diesel-Heating Oil Fund, LP), Authorized Purchaser Agreement (United States Short Oil Fund, LP)

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Effectiveness and Termination. Upon the execution of this Agreement by the parties hereto, this Agreement shall become effective in this form as of the date first set forth above, and may be terminated at any time by any party upon thirty (30) days prior written notice to the other parties unless earlier terminated: (i) in accordance with Section 2(a); (ii) upon notice to the Authorized Purchaser Participant by the General Partner in the event of a breach by the Authorized Purchaser Participant of this Agreement or the procedures described or incorporated herein; or (iii) at such time as the Fund is terminated.

Appears in 8 contracts

Samples: Authorized Participant Agreement (United States Natural Gas Fund, LP), Authorized Participant Agreement (United States 12 Month Oil Fund, LP), Authorized Participant Agreement (United States Brent Oil Fund, LP)

Effectiveness and Termination. Upon the execution of this Agreement by the parties hereto, this Agreement shall become effective in this form as of the date first set forth above, and may be terminated at any time by any party upon thirty (30) calendar days prior written notice to the other parties unless earlier terminated: (i) in accordance with Section 2(a); (ii) upon notice to the Authorized Purchaser Participant by the General Partner Sponsor in the event of a breach by the Authorized Purchaser Participant of this Agreement or the procedures described or incorporated herein; or (iiiii) at such time as all of the Fund is terminatedTrusts have been terminated pursuant to their respective Trust Agreements.

Appears in 6 contracts

Samples: Master Participant Agreement (Grayscale Zcash Trust (ZEC)), Master Participant Agreement (Grayscale Ethereum Classic Trust (ETC)), Master Participant Agreement (Grayscale Ethereum Trust (ETH))

Effectiveness and Termination. Upon the execution of this Agreement by the parties hereto, this Agreement shall become effective in this form as of the date first set forth above, and may be terminated at any time by any party upon thirty (30) days days’ prior written notice to the other parties unless earlier terminated: (i) in accordance with Section 2(a); (ii) upon notice to the Authorized Purchaser by the General Partner in the event of a breach by the Authorized Purchaser of this Agreement or the procedures described or incorporated herein; or (iii) at such time as the Fund is terminated.

Appears in 4 contracts

Samples: Authorized Purchaser Agreement (United States Natural Gas Fund, LP), Authorized Purchaser Agreement (United States Natural Gas Fund, LP), Fund Authorized Purchaser Agreement (GreenHaven Continuous Commodity Index Fund)

Effectiveness and Termination. Upon the execution of this Agreement by the parties hereto, this This Agreement shall become effective in this form as of the date first set forth above, above upon the execution and delivery of this Agreement or a counterpart thereof by each party thereto to the other party. This Agreement may be terminated at any time time, without penalty, by any either party upon thirty (30) days prior hereto, by written notice from the terminating party to the other parties unless earlier terminated: (i) in accordance with Section 2(a); (ii) upon notice to the Authorized Purchaser non-terminating party. Such termination shall become effective 30 days after receipt by the General Partner in non-terminating party of such notice. This Agreement shall also terminate upon the event effectiveness of a breach by termination of the Authorized Purchaser employment of this Agreement or the procedures described or incorporated herein; or (iii) at such time Delegate as the Fund is terminatedcustodian of Assets.

Appears in 2 contracts

Samples: Custodian Agreement (Hirtle Callaghan Trust), Custodian Agreement (Variable Insurance Funds)

Effectiveness and Termination. Upon the execution of this Agreement by the parties hereto, this Agreement shall become effective in this form as of the date first set forth above, and may be terminated at any time by any party upon thirty (30) calendar days prior written notice to the other parties unless earlier terminated: (i) in accordance with Section 2(a); (ii) upon notice to the Authorized Purchaser Participant by the General Partner Manager in the event of a breach by the Authorized Purchaser Participant (or its Liquidity Provider) of this Agreement or the procedures described or incorporated herein; or (iiiii) at such time as all of the Fund is terminatedFunds have been terminated pursuant to their respective LLC Agreements or (iii) as mutually agreed upon in writing by the parties hereto.

Appears in 1 contract

Samples: Master Participant Agreement (Grayscale Digital Large Cap Fund LLC)

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Effectiveness and Termination. Upon the execution of this Agreement by the parties hereto, this Agreement shall become effective in this form as of the date first set forth above, and may be terminated at any time by any party upon thirty (30) days prior written notice to the other parties unless earlier terminated: (i) in accordance with Section 2(a); (ii) upon notice to the Authorized Purchaser Participant by the General Partner Sponsor in the event of a breach by the Authorized Purchaser Participant of this Agreement or the procedures described or incorporated herein; or (iii) at such time as the Fund Trust is terminated.

Appears in 1 contract

Samples: Authorized Participant Agreement (SolidX Bitcoin Trust)

Effectiveness and Termination. Upon the execution of this Agreement by the parties hereto, this Agreement shall become effective in this form as of the date first set forth above, and may be terminated at any time by any party upon thirty (30) days days’ prior written notice to the other parties unless earlier terminated: (i) in accordance with Section 2(a); (ii) upon notice to the Authorized Purchaser by the General Partner in the event of a breach by the Authorized Purchaser of this Agreement or the procedures Procedures described or incorporated herein; or (iii) at such time as the Fund is terminated.

Appears in 1 contract

Samples: Authorized Purchaser Agreement (GreenHaven Continuous Commodity Index Fund)

Effectiveness and Termination. Upon the execution of this Agreement by the parties hereto, this Agreement shall become effective in this form as of the date first set forth above, and may be terminated at any time by any party upon thirty (30) days days' prior written notice to the other parties unless earlier terminated: (i) in accordance with Section 2(a); (ii) upon notice to the Authorized Purchaser by the General Partner in the event of a breach by the Authorized Purchaser of this Agreement or the procedures described or incorporated herein; or (iii) at such time as the Fund is terminated.

Appears in 1 contract

Samples: Authorized Purchaser Agreement (United States Oil Fund, LP)

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