Basket definition

Basket has the meaning set forth in Section 8.04(a).

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Basket has the meaning set forth in Section 9.4(a).

Basket means the notional basket comprised of the Shares, as described under “THE BASKET”.

Examples of Basket in a sentence

Any creation or redemption order submitted by an Investing Fund through an Authorized Participant will be satisfied pursuant to the Basket Policies and the relevant Authorized Participant Agreement.
The Basket Policies include provisions that govern in-kind creations and redemptions, as well as cash transactions.
The Delegated Sponsor, as a delegate of the Cayman Trustee, or its delegates from time to time may, but shall have no obligation to, establish procedures with respect to redemption of Shares in lot sizes smaller than a Redemption Basket and permitting the redemption distribution to be delivered in a manner other than that specified herein.
Notwithstanding the foregoing, each Trust may, but is not required to, permit an order consisting of a Custom Basket (“Custom Order”) until 4:00 p.m., Eastern time, or until the market close (in the event the Exchange closes early).
Add the U.S. Dollar value of bitcoin, as calculated using the Pricing Benchmark, receivable under pending Creation Orders, if any, determined by multiplying the number of the Creation Baskets represented by such Creation Orders by the Basket Deposit and then multiplying such product by the Pricing Benchmark, the US Cash and any other assets of the Trust.

Basket means a Creation Basket or a Redemption Basket, as the context may require.

Basket has the meaning set forth in Section 7.3(b).

Basket means the Basket of Shares as set out in item 26(a); "Underlying Referencek" means as set out in §26(a);

Basket shall have the meaning set forth in Section 10.6(b).

Basket shall have the meaning assigned thereto in Section 11.3.

Basket shall have the meaning ascribed to it in the Recitals to the Authorized Participant Agreement.

Basket shall have the meaning as set forth in Section 5.4.