Common use of Legal Title Clause in Contracts

Legal Title. Legal title to all of the Trust Property shall be vested in the Trust as a separate legal entity; provided, however, that where applicable law in any jurisdiction requires any part of the Trust Property to be vested otherwise, the Administrative Trustee may cause legal title to the Trust Property or any portion thereof to be held by or in the name of the Administrative Trustee or any other Person (other than a Registered Owner or a Beneficial Owner) as nominee.

Appears in 23 contracts

Samples: Trust Agreement (iShares Ethereum Trust ETF), Trust Agreement (iShares Ethereum Trust), Trust Agreement (iShares Bitcoin Trust)

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Legal Title. Legal title to all of the Trust Property Estate shall be vested in the Trust as a separate legal entity; provided, however, that except where applicable law in any jurisdiction requires any part of the Trust Property Estate to be vested otherwise, the Administrative Trustee Managing Owner may cause legal title to the Trust Property Estate or any portion thereof to be held by or in the name of the Administrative Trustee Managing Owner or any other Person (other than a Registered Owner or a Beneficial Owner) as nominee.

Appears in 10 contracts

Samples: Declaration of Trust and Trust Agreement (World Monitor Trust Series B), Trust Agreement (Brookshire Raw Materials (U.S.) Trust), Declaration of Trust and Trust Agreement (World Monitor Trust Series A)

Legal Title. Legal title to all of the Trust Property shall be vested in the Trust as a separate legal entity; provided, however, that where applicable law in any jurisdiction requires any part of the Trust Property to be vested otherwise, the Administrative Trustee may cause legal title to the Trust Property or any portion thereof to be held by or in the name of the Administrative Trustee or any other Person (other than a Registered Owner or a Beneficial Owner) as nominee.

Appears in 9 contracts

Samples: Trust Agreement (iSHARES COMMODITY OPTIMIZED TRUST), Trust Agreement (iShares Dow Jones-Ubs Roll Select Commodity Index Trust), Trust Agreement (iShares Dow Jones-Ubs Roll Select Commodity Index Trust)

Legal Title. Legal title to all of the Trust Property Estate shall be vested in the Trust as a separate legal entity; provided, however, that where applicable law in any jurisdiction requires any part of the Trust Property Estate to be vested otherwise, the Administrative Trustee Manager may cause legal title to the Trust Property Estate or any portion thereof to be held by or in the name of the Administrative Trustee Manager or any other Person (other than a Registered Owner or a Beneficial OwnerShareholder) as nominee.

Appears in 8 contracts

Samples: Trust Agreement (Nuveen Long/Short Commodity Total Return Fund), Trust Agreement (Nuveen Diversified Commodity Fund), Trust Agreement (Nuveen Long/Short Commodity Total Return Fund)

Legal Title. Legal title to all of the Trust Property Estate shall be vested in the Trust as a separate legal entity; provided, however, that where applicable law in any jurisdiction requires any part of the Trust Property Estate to be vested otherwise, the Administrative Trustee Managing Owner may cause legal title to the Trust Property Estate or any portion thereof to be held by or in the name of the Administrative Trustee Managing Owner or any other Person (other than a Registered Owner or a Beneficial OwnerUnitholder) as nominee.

Appears in 7 contracts

Samples: Trust Agreement, Declaration of Trust and Trust Agreement (FactorShares 2X: S&P500 Bull/TBond Bear), Declaration of Trust and Trust Agreement (FactorShares 2X: Oil Bull/S&p500 Bear)

Legal Title. Legal title to all of the Trust Property shall be vested in the Trust as a separate legal entity; provided, however, that where applicable law in any jurisdiction requires any part of the Trust Property to be vested otherwise, the Administrative Trustee Trust may cause legal title to the Trust Property or any portion thereof to be held by or in the name of the Administrative Trustee Sponsor or any other Person (other than a Registered Owner or a Beneficial Owner) as nominee.

Appears in 2 contracts

Samples: Trust Agreement (Sprott ESG Gold ETF), Trust Agreement (Wilshire wShares Enhanced Gold Trust)

Legal Title. Legal title to all of the Trust Property Estate shall be vested in the Trust as a separate legal entity; provided, however, that except where applicable law in any jurisdiction requires any part of the Trust Property Estate to be vested otherwise, the Administrative Trustee Managing Owner (or the Trustee, if required by law) may cause legal title to the Trust Property Estate or any portion thereof to be held by or in the name of the Administrative Trustee Managing Owner or any other Person (other than a Registered Owner or a Beneficial Owner) person as nominee.

Appears in 1 contract

Samples: Declaration and Agreement of Trust (JWH Global Trust)

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Legal Title. Legal title to all of the Trust Property Estate shall be vested in the Trust as a separate legal entity; provided, however, that except where applicable law in any jurisdiction requires any part of the Trust Property Estate to be vested otherwise, the Administrative Trustee Managing Owner (or the Trustee, if required by law) may cause legal title to the Trust Property Estate or any portion thereof to be held by or in the name of the Administrative Trustee Managing Owner or any other Person (other than a Registered Owner or a Beneficial Owner) as nominee.

Appears in 1 contract

Samples: Declaration and Agreement of Trust (Rjo Global Trust)

Legal Title. Legal title to all of the Trust Property shall be vested in the Trust as a separate legal entity; provided, however, that where if applicable law in any jurisdiction requires legal title to any part portion of the Trust Property to be vested otherwise, the Administrative Trustee Trust Sponsor may cause legal title to such portion of the Trust Property or any portion thereof to be held by or in the name of the Administrative Trustee or any other another Person (other than a Registered Owner or a Beneficial Ownerthe Trustee) as nomineenominee or as a co-trustee or separate trustee appointed pursuant to this Trust Agreement.

Appears in 1 contract

Samples: Trust Agreement

Legal Title. Legal title to all of the Trust Property Estate shall be vested in the Trust as a separate legal entity; provided, however, that except where applicable law in any jurisdiction requires any part of the Trust Property Estate to be vested otherwise, the Administrative Trustee Managing Owner may cause legal title to the any Trust Property or any portion thereof Estate to be held by or in the name of the Administrative Trustee Managing Owner or any other Person (other than a Registered Owner or a Beneficial Owner) as nominee.

Appears in 1 contract

Samples: Declaration of Trust and Trust Agreement (Diversified Futures Trust I)

Legal Title. Legal title to all of the Trust Property Estate shall be vested in the Trust as a separate legal entity; provided, however, except that where applicable law in any jurisdiction requires any part of the Trust Property Estate to be vested otherwise, the Administrative Trustee Manager may cause legal title to the Trust Property or any portion thereof Estate to be held by or in the name of the Administrative Trustee Manager or any other Person (other than a Registered Owner or a Beneficial Owner) as nominee.

Appears in 1 contract

Samples: Declaration of Trust and Trust Agreement (MLM Index Fund)

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