Initial Administrative Trustee. (a) The initial Administrative Trustee shall be BlackRock Fund Advisors. (b) Except as otherwise required by the Act, the Administrative Trustee is authorized to execute on behalf of the Trust any documents that the Administrative Trustee has the power and authority to cause the Trust to execute pursuant to this Agreement.
Appears in 5 contracts
Samples: Trust Agreement (iShares Ethereum Trust ETF), Trust Agreement (iShares Ethereum Trust), Trust Agreement (iShares Bitcoin Trust)
Initial Administrative Trustee. (a) The initial Administrative Trustee shall be BlackRock Fund Advisors.Institutional Trust Company, N.A.
(b) Except as otherwise required by the Act, the Administrative Trustee is authorized to execute on behalf of the Trust any documents that the Administrative Trustee has the power and authority to cause the Trust to execute pursuant to this Agreement.
Appears in 3 contracts
Samples: Trust Agreement (iShares S&P GSCI Commodity-Indexed Trust), Trust Agreement (iShares S&P GSCI Commodity-Indexed Trust), Trust Agreement (iShares S&P GSCI Commodity-Indexed Investing Pool LLC)