Common use of Payments to the Trustee Clause in Contracts

Payments to the Trustee. Any amounts paid to the Trustee pursuant to this Article II shall be deemed not to be a part of the Trust Estate immediately after such payment. Any amounts owing to the Trustee under this Trust Agreement shall constitute a claim against the Trust Estate. Notwithstanding any other provision of this Trust Agreement, all payments to the Trustee, including fees, expenses and any amounts paid in connection with indemnification of the Trustee in accordance with the terms of this Trust Agreement will be payable only in U.S. Dollars.

Appears in 8 contracts

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

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Payments to the Trustee. Any amounts paid to the Trustee pursuant to this Article II shall be deemed not to be a part of the Trust Estate immediately after such payment. Any amounts owing to the Trustee under this Trust Agreement shall constitute a claim against the Trust Estate. Notwithstanding any other provision of this Trust Agreement, all payments to the Trustee, including fees, expenses and any amounts paid in connection with indemnification of the Trustee in accordance with the terms of this Trust Agreement will be payable only in U.S. Dollars.

Appears in 1 contract

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

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