Administrative Sponsor definition

Administrative Sponsor means Exchange Traded Concepts, LLC acting as administrative sponsor of the Trust, or its successor;
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Administrative Sponsor means a non-profit organization which is entirely responsible for administration of the Program in any combination of two or more child care centers, adult day care centers, and outside-school-hours care centers which are not part of the same legal entity as the sponsoring organization.
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Examples of Administrative Sponsor in a sentence

  • Upon reasonable prior written notice, in connection with the preparation of the initial registration statement under the United States Securities Act of 1933, as amended, covering any Shares, the Custodian will allow its certificates of currency of its insurance or coverage summaries of the insurance to be reviewed by the Trustee and the Administrative Sponsor.

  • Each of the Custodian, the Trustee and the Administrative Sponsor may record telephone conversations without use of a warning tone.

  • The Custodian will also allow the Trustee and the Administrative Sponsor to review its certificates of currency of its insurance or coverage summaries of the insurance in connection with any amendment to that initial registration statement or any further registration statement covering any Shares from time to time, in each case upon reasonable prior written notice from the Trustee or the Administrative Sponsor.

  • In addition, the disclosure of such information may be required by a party’s auditors, by its legal or other advisors, by a company which is in the same group of companies as a party (i.e., a subsidiary or holding company of a party), or (in the case of the Trustee) by the Administrative Sponsor, or any beneficiary of the Trust.

  • Except with respect to the Trust, which shall be considered a beneficiary of this entire Agreement, and to the Administrative Sponsor, which shall be considered a beneficiary (as applicable) of clauses 2.7, 3.3, 4.3, 6.2, 7.8, 11.2, 12.2, 12.3 and 13.4 the Custodian does not owe any duty or obligation or have any liability towards any person who is not a party to this Agreement.

  • The Administrative Sponsor, with the prior approval of the Custodial Sponsor, may from time to time employ counsel to act on behalf of the Trust and perform any legal services in connection with the Trust, including any legal matters relating to the possible disposition or acquisition of any gold.

  • The Custodial Sponsor shall publish, or shall designate the Administrative Sponsor or other Persons to publish, for each Business Day, the Basket Gold Amount.

  • The Custodian will provide the Trustee and the Administrative Sponsor with the name and address of any Sub-Custodian the Custodian selects, along with any other information which the Trustee or the Administrative Sponsor may reasonably request concerning the appointment of such Sub-Custodian.

  • Amendments to such initial Internal Control Over Financial Reporting may be proposed from time to time by the Administrative Sponsor, but such amendments may not be adopted in connection with the Trustee’s furnishing of information to the Administrative Sponsor for the Administrative Sponsor’s preparation of the Trust’s financial statements without the Trustee’s consent (which consent will not be unreasonably withheld or delayed).

  • During the 90-day period following the effectiveness of a merger, consolidation or conversion or other transaction described in the preceding sentence, the Administrative Sponsor, in consultation with the Custodial Sponsor, may, by notice to the corporation or other entity described in that sentence (i.e., the successor Trustee), remove the latter as trustee hereunder and designate a successor Trustee in compliance with the provisions of subsection (d) above.