Common use of Global Certificate Only Clause in Contracts

Global Certificate Only. Certificates for Creation Baskets will not be issued, other than the Global Security issued to the Depository. So long as the Depository Agreement is in effect, Creation Baskets will be issued and redeemed and Limited Shares will be transferable solely through the book-entry systems of the Depository and the DTC Participants and their Indirect Participants as more fully described in Section 3.6.

Appears in 10 contracts

Samples: Authorized Purchaser Agreement (Tidal Commodities Trust I), Authorized Purchaser Agreement, Authorized Purchaser Agreement (Bitwise ETF Trust)

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Global Certificate Only. Certificates for Creation Baskets of a Fund will not be issued, other than the Global Security Certificates issued to the Depository. So long as the Depository Agreement is in effect, Creation Baskets will be issued and redeemed and Limited Shares Units will be transferable solely through the book-entry systems of the Depository and the DTC Participants and their Indirect Participants as more fully described in Section 3.64.6.

Appears in 10 contracts

Samples: Trust and Trust Agreement (Amplify Commodity Trust), Trust and Trust Agreement (Amplify Commodity Trust), Trust and Trust Agreement (ETF Managers Group Commodity Trust I)

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Global Certificate Only. Certificates for Creation Baskets of a Fund will not be issued, other than the Global Security Certificates issued to the Depository. So long as the Depository Agreement is in effect, Creation Baskets will be issued and redeemed and Limited Shares units will be transferable solely through the book-entry systems of the Depository and the DTC Participants and their Indirect Participants as more fully described in Section 3.64.6.

Appears in 3 contracts

Samples: And Trust Agreement (United States Commodity Index Funds Trust), And Trust Agreement (United States Commodity Index Funds Trust), And Trust Agreement (United States Commodity Index Funds Trust)

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