Common use of Settlement of Redemption Order Clause in Contracts

Settlement of Redemption Order. 3.1. Once the Total Basket Amount has been determined, the Sponsor or its delegate will send the Redemption Order Calculation E-mail to the Authorized Participant providing the Total Basket Amount.

Appears in 10 contracts

Samples: Master Participant Agreement (Grayscale Filecoin Trust (FIL)), Master Participant Agreement (Grayscale Ethereum Trust (ETH)), Master Participant Agreement (Grayscale Ethereum Classic Trust (ETC))

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Settlement of Redemption Order. 3.1. Once the Total Basket Amount has been determined, the Sponsor Manager or its delegate will send the Redemption Order Calculation E-mail to the Authorized Participant providing the Total Basket Amount.

Appears in 2 contracts

Samples: Master Participant Agreement (Grayscale Digital Large Cap Fund LLC), Participant Agreement (Grayscale Digital Large Cap Fund LLC)

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