Creation Basket definition

Creation Basket means the minimum number of Limited Units of a Fund that may be created at any one time, which shall be 200,000 or such greater or lesser number as the Managing Owner may determine from time to time for each Fund.

Creation Basket means 100,000 Units, or such other number of Units as may be determined by the General Partner from time to time, purchased by a Participant.

Creation Basket means a basket of 25,000 Units of a Fund, or such greater or lesser number of Units as the Sponsor may determine from time to time for each Fund.

Examples of Creation Basket in a sentence

• The Managing Owner shall not be liable to any person by reason of the rejection of any Purchase Order Subscription Agreement or Creation Basket Capital Contribution.

• Units in the Partnership will only be issued in a Creation Basket or whole number multiples thereof.

• None of the General Partner, marketing agent or custodian will be liable for the rejection of any purchase order or Creation Basket Deposit.

• If the General Partner does make a Capital Contribution to the Partnership on or after the date hereof, it shall be issued Units based on the same terms and conditions applicable to the purchase of a Creation Basket under Article 16 hereof.

• The amount of cash deposit required is the difference between (i) the aggregate market value of the Treasuries included in a Creation Basket Deposit as of 4:00 PM on the date the order to purchase properly was made and (ii) the total required deposit.

More Definitions of Creation Basket

Creation Basket means 50,000 Units, or such other number of Units as may be determined by the General Partner from time to time, purchased by a Participant.

Creation Basket means a block of 10,000 Shares or more or such other amount as established from time to time by the Sponsor. Multiple blocks are called “Creation Baskets.”

Creation Basket means the minimum number of Limited Shares that may be created at any one time, which shall be 200,000 or such greater or lesser number as the Managing Owner may determine from time-to-time.

Creation Basket means a basket of 100,000 Limited Shares of a Fund, or such greater or lesser number of Limited Shares as the Sponsor may determine from time to time for each Fund.

Creation Basket means the minimum number of Shares that may be created at any one time, which shall be 50,000 or such greater or lesser number as the Sponsor may determine from time to time.

Creation Basket means a Basket issued by the Trust upon the deposit of the Basket Amount with the Custodian.

Creation Basket means a Basket issued by the Trust in exchange for the transfer of the Basket ETH Amount to the Trust.