Common use of No Legal Title to Trust Estate Clause in Contracts

No Legal Title to Trust Estate. Subject to the provisions of Section 2.7 in the case of the Sponsor, the Unitholders shall not have legal title to any part of the applicable Fund’s Trust Estate.

Appears in 15 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)

AutoNDA by SimpleDocs

No Legal Title to Trust Estate. Subject to the provisions of Section 2.7 1.8 in the case of the Sponsor, the Unitholders Shareholders shall not have legal title to any part of the applicable Fund’s Trust Estate.

Appears in 10 contracts

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

No Legal Title to Trust Estate. Subject to the provisions of Section 2.7 1.7 in the case of the Sponsor, the Unitholders Shareholders shall not have legal title to any part of the applicable Fund’s Trust Estate.

Appears in 8 contracts

Samples: Trust Agreement (Fidelity Ethereum Fund), Trust Agreement (Fidelity Ethereum Fund), Trust Agreement (WisdomTree Bitcoin Fund)

No Legal Title to Trust Estate. Subject to the provisions of Section 2.7 1.7 in the case of the Sponsor, the Unitholders shall not have legal title to any part of the applicable Fund’s Trust Estate.

Appears in 1 contract

Samples: Declaration of Trust and Trust Agreement (Osprey Bitcoin Trust)

AutoNDA by SimpleDocs

No Legal Title to Trust Estate. Subject to the provisions of Section 2.7 ‎Section 1.7 in the case of the Sponsor, the Unitholders Shareholders shall not have legal title to any part of the applicable Fund’s Trust Estate.

Appears in 1 contract

Samples: Declaration of Trust and Trust Agreement (Grayscale Ethereum Trust (ETH))

Time is Money Join Law Insider Premium to draft better contracts faster.