No Management or Control. The Member shall not take part in or interfere in any manner with the management of the business and affairs of the Company or have any right or authority to act for or bind the Company.
No Management or Control. Except as expressly provided in this Agreement, no Member shall take part in or interfere in any manner with the management of the business and affairs of the Company or have any right or authority to act for or bind the Company notwithstanding Section 18-402 of the Act.
No Management or Control. Except as expressly provided in this Agreement, no Limited Partner shall take part in or interfere in any manner with the management of the business and affairs of Premier LP or have any right or authority to act for or bind Premier LP.
No Management or Control. Limited Liability; Exercise of Rights through DTC. The Shareholders shall not participate in the management or control of the Trust’s business nor shall they transact any business for the Trust or have the power to sign for or bind the Trust, said power being vested solely and exclusively in the Sponsor. Except as provided in Section 7.03, no Shareholder shall be bound by, or be personally liable for, the expenses, liabilities or obligations of the Trust in excess of its Capital Contribution plus its share of any Trust Estate in which such Shareholder owns a Share and the Trust’s remaining profits, if any. Except as provided in Section 7.03, each Share owned by a Shareholder shall be fully paid and no assessment shall be made against any Shareholder. No salary shall be paid to any Shareholder in its capacity as a Shareholder, nor shall any Shareholder have a drawing account or earn interest on its contribution. By the purchase and acceptance or other lawful delivery and acceptance of Shares, each Beneficial Owner shall be deemed to be a Shareholder and beneficiary of the Trust and vested with beneficial undivided interest in the Trust to the extent of the Shares owned beneficially by such Beneficial Owner, subject to the terms and conditions of this Trust Agreement. The rights of Beneficial Owners under this Trust Agreement must be exercised by DTC Participants acting on their behalf in accordance with the rules and procedures of the Depository, as provided in Section 3.03.
No Management or Control. Except as expressly provided in this Agreement, no Investor (other than a Special Member) as such shall take part in or interfere in any manner with the management of the business and affairs of the Fund or have any right or authority to act for or bind the Fund.
No Management or Control. Except as expressly provided in this Agreement, no Limited Partner in its capacity as such shall take part in the management of the Partnership’s activities or interfere in any manner with the management of the affairs of the Partnership or have any right or authority to act for or bind the Partnership or have any voting rights with respect to the Partnership.
No Management or Control. Except as otherwise provided in this Agreement, no Stockholder shall, in its capacity as a Stockholder, take part in or interfere in any manner with the management of the business and affairs of the Company or have any right or authority to act for or bind the Company.
No Management or Control. Except as otherwise provided herein, the Limited Partners, in their capacity as limited partners in the Partnership, shall take no part in the management, control, conduct, or operation of the Partnership and shall have no right or authority to act for or bind the Partnership. The Limited Partners shall have no voting, consent or approval rights other than those rights expressly set forth in this Agreement.
No Management or Control. The Member shall have no power whatsoever with respect to the management of the business and affairs of the Company or have any right or authority to act for or bind the Company.
No Management or Control. Limited Liability; Exercise of Rights through a Participant 29 SECTION 7.2 Rights and Duties 30 SECTION 7.3 Limitation of Liability 30 SECTION 7.4 Derivative Actions 31 SECTION 7.5 Appointment of Agents 31 SECTION 7.6 Business of Shareholders 32 SECTION 7.7 Authorization of Memorandum 32 BOOKS OF ACCOUNT AND REPORTS 32 SECTION 8.1 Books of Account 32 SECTION 8.2 Annual Updates, Quarterly Updates and Account Statements 33 SECTION 8.3 Tax Information 33 SECTION 8.4 Calculation of Bitcoin Holdings 33 SECTION 8.5 Maintenance of Records 34 FISCAL YEAR 34 SECTION 9.1 Fiscal Year 34 AMENDMENT OF TRUST AGREEMENT; MEETINGS 35 SECTION 10.1 Amendments to the Trust Agreement 35 SECTION 10.2 Meetings of the Trust 36 SECTION 10.3 Action Without a Meeting 36 TERM 37 SECTION 11.1 Term 37 TERMINATION 37 SECTION 12.1 Events Requiring Dissolution of the Trust 37 SECTION 12.2 Distributions on Dissolution 38 SECTION 12.3 Termination; Certificate of Cancellation 39 MISCELLANEOUS 39 SECTION 13.1 Governing Law 39 SECTION 13.2 Provisions In Conflict With Law or Regulations 40 SECTION 13.3 Merger and Consolidation 40 SECTION 13.4 Construction 41 SECTION 13.5 Notices 41 SECTION 13.6 Counterparts; Electronic Signatures 42
