Common use of Power of Attorney Executed Concurrently Clause in Contracts

Power of Attorney Executed Concurrently. Concurrently with the written acceptance and adoption of the provisions of this Trust Agreement, each Limited Owner shall execute and deliver to the Managing Owner a Power of Attorney as part of the Subscription Agreement, or in such other form as may be prescribed by the Managing Owner. Each Limited Owner, by its execution and delivery hereof, irrevocably constitutes and appoints the Managing Owner and its officers and directors, with full power of substitution, as the true and lawful attorney-in-fact and agent for such Limited Owner with full power and authority to act in his name and on his behalf in the execution, acknowledgment, filing and publishing of Trust documents, including, but not limited to, the following: (a) Any certificates and other instruments, including but not limited to, any applications for authority to do business and amendments thereto, which the Managing Owner deems appropriate to qualify or continue the Trust as a business trust in the jurisdictions in which the Trust may conduct business, so long as such qualifications and continuations are in accordance with the terms of this Trust Agreement or any amendment hereto, or which may be required to be filed by the Trust or the Interestholders under the laws of any jurisdiction; (b) Any instrument which may be required to be filed by the Trust under the laws of any state or by any governmental agency, or which the Managing Owner deems advisable to file; and (c) This Trust Agreement and any documents which may be required to effect an amendment to this Trust Agreement approved under the terms of the Trust Agreement, and the continuation of the Trust, the admission of the signer of the Power of Attorney as a Limited Owner or of others as additional or substituted Limited Owners, or the termination of the Trust, provided such continuation, admission or termination is in accordance with the terms of this Trust Agreement.

Power of Attorney Executed Concurrently. Concurrently with the written acceptance and adoption purchase or acquisition of the provisions of this Trust Agreementa Share, each Limited Owner Shareholder shall execute be deemed to have executed and deliver delivered to the Managing Owner Manager a power of attorney (“Power of Attorney Attorney”) as part of the Subscription Agreement, or provided in such other form as may be prescribed by the Managing Ownerthis Article XIV. Each Limited Owner, by its execution and delivery hereof, Shareholder thereby irrevocably constitutes and appoints the Managing Owner Manager and its officers and directors, with full power of substitution, as the true and lawful attorney-in-fact and agent for such Limited Owner Shareholder with full power and authority to act in his its name and on his its behalf in the execution, acknowledgment, filing and publishing of Trust documents, including, but not limited to, including the following: (a) Any certificates and other instruments, including but not limited to, any applications for authority to do business and amendments thereto, which thereto that the Managing Owner Manager deems appropriate to qualify or continue the Trust as a business or statutory trust in the jurisdictions in which the Trust may conduct business, so long as such qualifications and continuations are in accordance with the terms of this Trust Agreement or any amendment hereto, or which may be required to be filed by the Trust or the Interestholders Shareholders under the laws of any jurisdiction; (b) Any instrument which that may be required to be filed by the Trust under the laws of any state or by any governmental agency, or which that the Managing Owner Manager deems advisable to file; and (c) This Trust Agreement and any documents which that may be required to effect an amendment to this Trust Agreement approved under the terms of the Trust Agreement, and the continuation of the Trust, the admission of the signer of the Power of Attorney as a Limited Owner Shareholder or of others as additional or substituted Limited OwnersShareholders, or the termination of the Trust, provided such continuation, admission or termination is in accordance with the terms of this Trust Agreement.

Power of Attorney Executed Concurrently. Concurrently with the written acceptance and adoption purchase or acquisition of the provisions of this Trust Agreementa Share, each Limited Owner Shareholder shall execute be deemed to have executed and deliver delivered to the Managing Owner Manager a power of attorney (“Power of Attorney Attorney”) as part of the Subscription Agreement, or provided in such other form as may be prescribed by the Managing Ownerthis Article XIV. Each Limited Owner, by its execution and delivery hereof, Shareholder thereby irrevocably constitutes and appoints the Managing Owner Manager and its officers and directorsofficers, with full power of substitution, as the true and lawful attorney-in-fact and agent for such Limited Owner Shareholder with full power and authority to act in his its name and on his its behalf in the execution, acknowledgment, filing and publishing of Trust documents, including, but not limited to, including the following: (a) Any certificates and other instruments, including but not limited to, any applications for authority to do business and amendments thereto, which thereto that the Managing Owner Manager deems appropriate to qualify or continue the Trust as a business or statutory trust in the jurisdictions in which the Trust may conduct business, so long as such qualifications and continuations are in accordance with the terms of this Trust Agreement or any amendment hereto, or which may be required to be filed by the Trust or the Interestholders Shareholders under the laws of any jurisdiction; (b) Any instrument which that may be required to be filed by the Trust under the laws of any state or by any governmental agency, or which that the Managing Owner Manager deems advisable to file; and (c) This Trust Agreement and any documents which that may be required to effect an amendment to this Trust Agreement approved under the terms of the Trust Agreement, and the continuation of the Trust, the admission of the signer of the Power of Attorney as a Limited Owner Shareholder or of others as additional or substituted Limited OwnersShareholders, or the termination of the Trust, provided such continuation, admission or termination is in accordance with the terms of this Trust Agreement.

Power of Attorney Executed Concurrently. Concurrently with the written acceptance and adoption purchase or acquisition of the provisions of this Trust Agreementa Share, each Limited Owner Shareholder shall execute be deemed to have executed and deliver delivered to the Managing Owner Manager a power of attorney (“Power of Attorney Attorney”) as part of the Subscription Agreement, or provided in such other form as may be prescribed by the Managing Ownerthis Article XV. Each Limited Owner, by its execution and delivery hereof, Shareholder thereby irrevocably constitutes and appoints the Managing Owner Manager and its officers and directorsofficers, with full power of substitution, as the true and lawful attorney-in-fact and agent for such Limited Owner Shareholder with full power and authority to act in his its name and on his its behalf in the execution, acknowledgment, filing and publishing of Trust documents, including, but not limited to, including the following: (a) Any certificates and other instruments, including but not limited to, any applications for authority to do business and amendments thereto, which thereto that the Managing Owner Manager deems appropriate to qualify or continue the Trust as a business or statutory trust in the jurisdictions in which the Trust may conduct business, so long as such qualifications and continuations are in accordance with the terms of this Trust Agreement or any amendment hereto, or which may be required to be filed by the Trust or the Interestholders Shareholders under the laws of any jurisdiction; (b) Any instrument which that may be required to be filed by the Trust under the laws of any state or by any governmental agency, or which that the Managing Owner Manager deems advisable to file; and (c) This Trust Agreement and any documents which that may be required to effect an amendment to this Trust Agreement approved under the terms of the Trust Agreement, and the continuation of the Trust, the admission of the signer of the Power of Attorney as a Limited Owner Shareholder or of others as additional or substituted Limited OwnersShareholders, or the termination of the Trust, provided such continuation, admission or termination is in accordance with the terms of this Trust Agreement.

Power of Attorney Executed Concurrently. Concurrently with the written acceptance and adoption of the provisions of this Trust Agreement, each Limited Owner shall execute and deliver to the Managing Owner a Power of Attorney as part of the Subscription Agreement, or in such other form as may be prescribed by the Managing Owner. Each Limited Owner, by its execution and delivery hereof, irrevocably constitutes and appoints the Managing Owner and its officers and directors, with full power of substitution, as the true and lawful attorney-in-fact and agent for such Limited Owner with full power and authority to act in his name and on his behalf in the execution, acknowledgment, filing and publishing of Trust documents, including, but not limited to, the following: (a) Any certificates and other instruments, including but not limited to, any applications for authority to do business and amendments thereto, which the Managing Owner deems appropriate to qualify or continue the Trust as a business statutory trust in the jurisdictions in which the Trust may conduct business, so long as such qualifications and continuations are in accordance with the terms of this Trust Agreement or any amendment hereto, or which may be required to be filed by the Trust or the Interestholders Owners under the laws of any jurisdiction; (b) Any instrument which may be required to be filed by the Trust under the laws of any state or by any governmental agency, or which the Managing Owner deems advisable to file; and (c) This Trust Agreement and any documents which may be required to effect an amendment to this Trust Agreement approved under the terms of the Trust Agreement, and the continuation of the Trust, the admission of the signer of the Power of Attorney as a Limited Owner or of others as additional or substituted Limited Owners, or the termination of the Trust, provided such continuation, admission or termination is in accordance with the terms of this Trust Agreement.

Power of Attorney Executed Concurrently. Concurrently with the written acceptance and adoption of the provisions of this Trust Agreement, each Limited Owner shall execute and deliver to the Managing Owner a Power of Attorney as part of the Subscription Agreement, or in such other form as may be prescribed by the Managing Owner. Each Limited Owner, by its execution and delivery hereof, irrevocably constitutes and appoints the Managing Owner and its officers officers, directors and directorsmanagers, with full power of substitution, as the true and lawful attorney-in-fact and agent for such Limited Owner with full power and authority to act in his name and on his behalf in the execution, acknowledgment, filing and publishing of Trust documents, including, but not limited to, the following: (a) Any certificates and other instruments, including but not limited to, any applications for authority to do business and amendments thereto, which the Managing Owner deems appropriate to qualify or continue the Trust as a business or statutory trust in the jurisdictions in which the Trust may conduct business, so long as such qualifications and continuations are in accordance with the terms of this Trust Agreement or any amendment hereto, or which may be required to be filed by the Trust or the Interestholders Unitholders under the laws of any jurisdiction; (b) Any instrument which may be required to be filed by the Trust under the laws of any state or by any governmental agency, or which the Managing Owner deems advisable to file; and (c) This Trust Agreement and any documents which may be required to effect an amendment to this Trust Agreement approved under the terms of the Trust Agreement, and the continuation of the Trust, the admission of the signer of the Power of Attorney as a Limited Owner or of others as additional or substituted Limited Owners, or the termination of the Trust, provided such continuation, admission or termination is in accordance with the terms of this Trust Agreement.

Power of Attorney Executed Concurrently. Concurrently with the written acceptance and adoption of the provisions of this Trust Agreement, each Limited Owner Interest Holder other than the Manager shall execute and deliver to the Managing Owner Manager a Power of Attorney as part of the Subscription Agreement, or in such other form as may be prescribed by the Managing OwnerManager. Each Limited OwnerInterest Holder other than the Manager, by its execution and delivery hereof, irrevocably constitutes and appoints the Managing Owner and its officers and directors, with full power of substitution, Manager as the true and lawful attorney-in-fact and agent for such Limited Owner Interest Holder with full power and authority to act in his name and on his behalf in the execution, acknowledgment, filing and publishing of Trust documents, including, but not limited to, the following: (a) Any certificates and other instruments, including but not limited to, to any applications for authority to do business and amendments thereto, which the Managing Owner Manager deems appropriate to qualify or continue the Trust as a business trust in the jurisdictions in which the Trust may conduct business, so long as such qualifications and continuations are in accordance with the terms of this Trust Agreement or any amendment hereto, or which may be required to be filed by the Trust or the Interestholders Interest Holders under the laws of any jurisdiction; (b) Any instrument which may be required to be filed by the Trust under the laws of any state or by any governmental agency, or which the Managing Owner Manager deems advisable to file; and (c) This Trust Agreement and any documents which may be required to effect an amendment to this Trust Agreement approved under the terms of the this Trust Agreement, and the continuation of the Trust, the admission of the signer of the Power of Attorney as a Limited Owner an Interest Holder or of others as additional or substituted Limited OwnersInterest Holders, or the termination of the Trust, provided such continuation, admission or termination is in accordance with the terms of this Trust Agreement.

Power of Attorney Executed Concurrently. Concurrently with the written acceptance and adoption of the provisions of this Trust Agreement, each the Limited Owner shall execute and deliver to the Managing Owner a Power of Attorney as part of the Subscription Agreementparticipant agreement, or in such other form as may be prescribed by the Managing Owner. Each The Limited Owner, by its execution and delivery hereof, irrevocably constitutes and appoints the Managing Owner and its officers and directors, with full power of substitution, as the true and lawful attorney-in-fact and agent for such the Limited Owner with full power and authority to act in his its name and on his its behalf in the execution, acknowledgment, filing and publishing of Trust Master Fund documents, including, but not limited to, the following: (a) Any certificates and other instruments, including but not limited to, any applications for authority to do business and amendments thereto, which the Managing Owner deems appropriate to qualify or continue the Trust Master Fund as a business trust Master Fund in the jurisdictions in which the Trust Master Fund may conduct business, so long as such qualifications and continuations are in accordance with the terms of this Trust Agreement or any amendment hereto, or which may be required to be filed by the Trust Master Fund or the Interestholders Shareholders under the laws of any jurisdiction; (b) Any instrument which may be required to be filed by the Trust Master Fund under the laws of any state or by any governmental agency, or which the Managing Owner deems advisable to file; and (c) This Trust Agreement and any documents which may be required to effect an amendment to this Trust Agreement approved under the terms of the Trust Agreement, and the continuation of the TrustMaster Fund, the admission of the signer of the Power of Attorney as a Limited Owner or of others as additional or substituted Limited Owners, or the termination of the TrustMaster Fund, provided such continuation, admission or termination is in accordance with the terms of this Trust Agreement.

Power of Attorney Executed Concurrently. Concurrently with the written acceptance and adoption of the provisions of this Trust Agreement, each Limited Owner shall execute and deliver to the Managing Owner a Power of Attorney as part of the Subscription Agreement, or in such other form as may be prescribed by the Managing Owner. Each Limited Owner, by its execution and delivery hereof, irrevocably constitutes and appoints the Managing Owner and its officers and directors, with full power of substitution, as the true and lawful attorney-in-fact and agent for such Limited Owner with full power and authority to act in his name and on his behalf in the execution, acknowledgment, filing and publishing of Trust documents, including, but not limited to, the following: (a) Any certificates and and. other instruments, including but not limited to, any applications for authority to do business and amendments thereto, which the Managing Owner deems appropriate to qualify or continue the Trust as a business trust in the jurisdictions in which the Trust may conduct business, so long as such qualifications and continuations are in accordance with the terms of this Trust Agreement or any amendment hereto, or which may be required to be filed by the Trust or the Interestholders under the laws of any jurisdiction; (b) Any instrument which may be required to be filed by the Trust under the laws of any state or by any governmental agency, or which the Managing Owner deems advisable to file; and (c) This Trust Agreement and any documents which may be required to effect an amendment to this Trust Agreement approved under the terms of the Trust Agreement, and the continuation of the Trust, the admission of the signer of the Power of Attorney as a Limited Owner or of others as additional or substituted Limited Owners, or the termination of the Trust, provided such continuation, admission or termination is in accordance with the terms of this Trust Agreement.

Power of Attorney Executed Concurrently. Concurrently with the written acceptance and adoption of the provisions of this Trust Agreement, each Limited Owner Interest Holder other than the Manager shall execute and deliver to the Managing Owner Manager a Power of Attorney as part of the Subscription Agreement, or in such other form as may be prescribed by the Managing OwnerManager. Each Limited OwnerInterest Holder other than the Manager, by its execution and delivery hereof, irrevocably constitutes and appoints the Managing Owner and its officers and directors, with full power of substitution, Manager as the true and lawful attorney-in-fact and agent for such Limited Owner Interest Holder with full power and authority to act in his name and on his behalf in the execution, acknowledgment, filing and publishing of Trust documents, including, but not limited to, the following: (a) : · Any certificates and other instruments, including but not limited to, to any applications for authority to do business and amendments thereto, which the Managing Owner Manager deems appropriate to qualify or continue the Trust as a business trust in the jurisdictions in which the Trust may conduct business, so long as such qualifications and continuations are in accordance with the terms of this Trust Agreement or any amendment hereto, or which may be required to be filed by the Trust or the Interestholders Interest Holders under the laws of any jurisdiction; (b) ; · Any instrument which may be required to be filed by the Trust under the laws of any state or by any governmental agency, or which the Managing Owner Manager deems advisable to file; and (c) and · This Trust Agreement and any documents which may be required to effect an amendment to this Trust Agreement approved under the terms of the this Trust Agreement, and the continuation of the Trust, the admission of the signer of the Power of Attorney as a Limited Owner an Interest Holder or of others as additional or substituted Limited OwnersInterest Holders, or the termination of the Trust, provided such continuation, admission or termination is in accordance with the terms of this Trust Agreement.

Power of Attorney Executed Concurrently. Concurrently with the written acceptance and adoption of the provisions of this Trust Agreement, each Limited Owner shall execute and deliver to the Managing Owner a Power of Attorney as part of the Purchase Order Subscription Agreement, or in such other form as may be prescribed by the Managing Owner. Each Limited Owner, by its execution and delivery hereof, irrevocably constitutes and appoints the Managing Owner and its officers and directors, with full power of substitution, as the true and lawful attorney-in-fact and agent for such Limited Owner with full power and authority to act in his name and on his behalf in the execution, acknowledgment, filing and publishing of Trust documents, including, but not limited to, the following: (a) Any certificates and other instruments, including but not limited to, any applications for authority to do business and amendments thereto, which the Managing Owner deems appropriate to qualify or continue the Trust as a business or statutory trust in the jurisdictions in which the Trust may conduct business, so long as such qualifications and continuations are in accordance with the terms of this Trust Agreement or any amendment hereto, or which may be required to be filed by the Trust or the Interestholders Unitholders under the laws of any jurisdiction; (b) Any instrument which may be required to be filed by the Trust under the laws of any state or by any governmental agency, or which the Managing Owner deems advisable to file; and (c) This Trust Agreement and any documents which may be required to effect an amendment to this Trust Agreement approved under the terms of the Trust Agreement, and the continuation of the Trust, the admission of the signer of the Power of Attorney as a Limited Owner or of others as additional or substituted Limited Owners, or the termination of the Trust, provided such continuation, admission or termination is in accordance with the terms of this Trust Agreement.

Power of Attorney Executed Concurrently. Concurrently with the written acceptance and adoption of the provisions of this Trust Agreement, each Limited Participant, on its behalf and on behalf of each Beneficial Owner represented thereby, shall execute and deliver to the Managing Owner Sponsor a Power of Attorney as part of the Purchase Order Subscription Agreement, or in such other form as may be prescribed by the Managing OwnerSponsor. Each Limited Owner, by its execution and delivery hereof, or its acceptance of Limited Shares hereunder, irrevocably constitutes and appoints the Managing Owner Sponsor, and its officers successors and directorsassigns, with full power of substitution, as the true and lawful attorney-in-fact and agent for such Limited Owner with full power and authority to act in his name and on his behalf in the execution, acknowledgment, filing and publishing of Trust documents, including, but not limited to, the following: (a) Any certificates and other instruments, including but not limited to, any applications for authority to do business and amendments thereto, which the Managing Owner Sponsor deems appropriate to qualify or continue the Trust as a business or statutory trust in the jurisdictions in which the Trust may conduct business, so long as such qualifications and continuations are in accordance with the terms of this Trust Agreement or any amendment hereto, or which may be required to be filed by the Trust or the Interestholders Limited Owners under the laws of any jurisdiction; (b) Any instrument which may be required to be filed by the Trust under the laws of any state or by any governmental agency, or which the Managing Owner Sponsor deems advisable to file; and (c) This Trust Agreement and any documents which may be required to effect an amendment to this Trust Agreement approved under the terms of the Trust Agreement, and the continuation of the Trust, the admission increase or decrease of the signer of the Power of Attorney as a Limited Owner or of others as additional or substituted Limited OwnersGlobal Security pursuant to Section 3.4, or and the termination of the Trust, provided such continuation, admission increase, decrease or termination is in accordance with the terms of this Trust Agreement.

Power of Attorney Executed Concurrently. Concurrently with the written acceptance and adoption purchase or acquisition of the provisions of this Trust Agreementa Share, each Limited Owner Shareholder shall execute be deemed to have executed and deliver delivered to the Managing Owner Manager a power of attorney (“Power of Attorney Attorney”) as part of the Subscription Agreement, or provided in such other form as may be prescribed by the Managing Ownerthis Article XIV. Each Limited Owner, by its execution and delivery hereof, Shareholder thereby irrevocably constitutes and appoints the Managing Owner Manager and its officers and directors, with full power of substitution, as the true and lawful attorney-in-fact and agent for such Limited Owner Shareholder with full power and authority to act in his its name and on his its behalf in the execution, acknowledgment, filing and publishing of Trust documents, including, but not limited to, the following: (a) Any certificates and other instruments, including including, but not limited to, any applications for authority to do business and amendments thereto, which thereto that the Managing Owner Manager deems appropriate to qualify or continue the Trust as a business or statutory trust in the jurisdictions in which the Trust may conduct business, so long as such qualifications and continuations are in accordance with the terms of this Trust Agreement or any amendment hereto, or which may be required to be filed by the Trust or the Interestholders Shareholders under the laws of any jurisdiction; (b) Any instrument which that may be required to be filed by the Trust under the laws of any state or by any governmental agency, or which that the Managing Owner Manager deems advisable to file; and (c) This Trust Agreement and any documents which that may be required to effect an amendment to this Trust Agreement approved under the terms of the Trust Agreement, and the continuation of the Trust, the admission of the signer of the Power of Attorney as a Limited Owner Shareholder or of others as additional or substituted Limited OwnersShareholders, or the termination of the Trust, provided such continuation, admission or termination is in accordance with the terms of this Trust Agreement.