Common use of Transfer of Units by Limited Owners Clause in Contracts

Transfer of Units by Limited Owners. Beneficial Owners that are not Direct Participants may transfer Units by instructing the Direct Participant or Indirect Participant holding the Units for such Beneficial Owner in accordance with standard securities industry practice. Beneficial Owners that are Direct Participants may transfer Units by instructing the Depository in accordance with the rules of the Depository and standard securities industry practice.

Appears in 6 contracts

Samples: Trust Agreement (STREAM S&P Dynamic Roll Global Commodities Fund), Trust and Trust Agreement (FactorShares 2X: S&P500 Bull/TBond Bear), Trust and Trust Agreement (FactorShares 2X: Gold Bull/S&p500 Bear)

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