Fund Liability. In accordance with Section 3.8 of the Trust Agreement, the Authorized Purchaser agrees and consent to look solely to the assets of the particular Fund in controversy for payment in respect of any claim against or obligation of such Fund. A Fund’s assets include only those funds and other assets that are paid, held or distributed to the Trust on account of and for the benefit of that particular Fund, including, without limitation, fund delivered to the Trust for the purchase of Shares in such Fund.
Appears in 5 contracts
Samples: Authorized Purchaser Agreement (Teucrium Commodity Trust), Authorized Purchaser Agreement (Teucrium Commodity Trust), Teucrium Commodity Trust (Teucrium Commodity Trust)
Fund Liability. In accordance with Section 3.8 [__] of the Trust Agreement, the Authorized Purchaser Participant agrees and consent to look solely to the assets of the particular Fund in controversy for payment in respect of any claim against or obligation of such Fund. A Fund’s assets include only those funds and other assets that are paid, held or distributed to the Trust on account of and for the benefit of that particular Fund, including, without limitation, fund delivered to the Trust for the purchase of Shares in such Fund.
Appears in 2 contracts
Samples: Trust Authorized Participant Agreement (Vs Trust), Authorized Participant Agreement (ConvexityShares Trust)