Cash Component definition

Cash Component means an amount of cash sufficient to pay any applicable transaction fee, redemption fee and any additional fixed and/or variable charges applicable to purchase or redemption transactions effected fully or partially in cash (when, in the sole discretion of the Trust, cash transactions are available or specified), in each case, as disclosed in the Prospectus for the applicable Fund. Without limiting the generality of the foregoing, the term “Cash Component” shall also include any fees, costs and expenses (including, without limitation, reasonable attorneys fees) incurred by a Fund in taking possession of, liquidation of, or other use of any collateral posted in lieu of delivery of Deposit Instruments or Shares.

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Cash Component means the difference between the aggregate Net Asset Value of the Units comprising an Application Unit and the Application Basket Value.

Cash Component means that portion, if any, of the Conversion Shares Offer Consideration consisting of cash.

Examples of Cash Component in a sentence

• Computation of the Cash Component shall exclude any taxes, duties or other fees and expenses payable upon the transfer of beneficial ownership of the Deposit Securities, which shall be the sole responsibility of the Participant and not the Trust.

• The Participant shall be liable to the custodian, any sub-custodian or the Trust for any amounts advanced by the custodian or any sub-custodian in its sole discretion to the Participant for payment of the amounts due and owing for the Cash Component, and neither the custodian nor any sub-custodian shall be under any obligation to advance any such amounts.

• The cash collateral buffer would be added to the Cash Component of the basket.

• The Administrative Trustee may, in its sole discretion, permit or require the substitution of an amount of cash to be added to the Cash Component to replace a portion of or all of bitcoin and IBIT Shares that the Authorized Participant would otherwise have had to Deliver in connection with a Purchase Order.

• Computation of the Cash Component shall exclude any taxes, duties or other fees and expenses payable upon the transfer of beneficial ownership of the Deposit Securities, which shall be the sole responsibility of the Participant and not the Fund.

More Definitions of Cash Component

Cash Component means the aggregate Net Asset Value of the Units comprising the Application Unit(s) less the relevant Application Basket Value.

Cash Component means the cash component of the Portfolio Composition File which is

Cash Component means that portion, if any, of the Alternative Consideration consisting of cash.

Cash Component means an amount of cash consisting of a Balancing Amount calculated in connection with creations.

Cash Component means the cash value that represents the difference between the aggregate Net Asset Value of the Units comprising the Application Unit(s) and the value of Bullion in the Basket(s) rounded to the nearest one hundredth of a RMB.

Cash Component means the difference between the applicable net asset value of a Creation Unit and the market value of the Portfolio Deposit. This difference will represent accrued dividend, accrued annual charges including management fees and residual cash in the scheme.

Cash Component means, in the case of a cash Purchase Order or Redemption Order, an amount of cash equal to the Basket Amount.