Redemption of Shares Pursuant to Cash Orders. The Redemption of Shares pursuant to Cash Orders that are not Alternate Cash Orders shall only take place if approved by the Sponsor in writing in its absolute discretion and on a case-by-case basis. If accepted by the Sponsor, such Redemption of Shares shall take place only in compliance with the rules of this Section 3.02:
Appears in 3 contracts
Samples: Authorized Participant Agreement (Grayscale Ethereum Trust (ETH)), Authorized Participant Agreement (Grayscale Ethereum Mini Trust (ETH)), Authorized Participant Agreement (Grayscale Bitcoin Mini Trust (BTC))
Redemption of Shares Pursuant to Cash Orders. The Redemption of Shares pursuant to Cash Orders that are not Alternate Cash Orders shall only take place if approved by the Sponsor in writing in its absolute discretion and on a case-by-case basis. If accepted by the Sponsor, such Redemption of Shares shall take place only in compliance with the rules of this Section 3.02:
Appears in 1 contract
Samples: Authorized Participant Agreement (Grayscale Bitcoin Trust (BTC))
