Redemption Transaction Fee. To compensate the Partnership for its expenses in connection with the redemption of Baskets, a Participant is required to pay a transaction fee to the Partnership of $1,000 per order to redeem Baskets. An order may include multiple Baskets. The transaction fee may be reduced, increased or otherwise changed by the General Partner. The General Partner shall notify DTC in advance of any change in the transaction fee and will not implement any increase in the fee for the redemption of Baskets until 30 days after the date of the notice.
Appears in 35 contracts
Samples: Limited Partnership Agreement, Limited Partnership Agreement (United States Short Oil Fund, LP), Limited Partnership Agreement (United States Diesel-Heating Oil Fund, LP)
Redemption Transaction Fee. To compensate the Partnership for its expenses in connection with the redemption of Baskets, a Participant Limited Partner is required to pay a transaction fee to the Partnership of $1,000 per order to redeem Baskets. An order may include multiple Baskets. The transaction fee may be reduced, increased or otherwise changed by the General Partner. The General Partner shall notify DTC in advance of any change in the transaction fee and will not implement any increase in the fee for the redemption of Baskets until 30 days after the date of the notice.
Appears in 7 contracts
Samples: Agreement of Limited Partnership (United States Oil Fund, LP), Second Amended and Restated Agreement of Limited Partnership (United States Oil Fund, LP), Agreement of Limited Partnership (United States Oil Fund, LP)
Redemption Transaction Fee. To compensate the Partnership for its expenses in connection with the redemption of Baskets, a Participant is required to pay a transaction fee to the Partnership of $1,000 per order to redeem Baskets. An order may include multiple Baskets. The transaction fee may be reduced, increased or otherwise changed by the General Partner. The General Partner shall notify DTC in advance of advanceof any change in the transaction fee and will not implement any increase in the fee for the redemption of Baskets until 30 days after the date of the notice.
Appears in 1 contract
Samples: Limited Partnership Agreement (United States Natural Gas Fund, LP)