Examples of Custodial Sponsor in a sentence
The Custodian also serves as the Custodial Sponsor of the Trust, and the Custodian acknowledges that it receives the Custodial Sponsor’s Fee as defined under and pursuant to the terms of the Trust Agreement, and shall receive no additional compensation for its services to the Trust hereunder.
Reasonable prior notice shall be provided to the Custodial Sponsor of any such audit.
The Custodian also serves as the Custodial Sponsor of the Trust, and the Custodian acknowledges that it receives reimbursement for certain expenses under the terms of the Trust Agreement, and shall receive no additional reimbursement for its expenses other than specified in this Agreement and the Trust Agreement.
The Custodial Sponsor is under no obligation to waive any portion of its fees hereunder or reimbursements pursuant to Section 5.8(b), and any such waiver shall create no obligation to waive any such fees or reimbursements during any period not covered by the waiver.
The Authorized Participant shall bear all risk of any loss until the gold is credited to the Trust Unallocated Metal Account, and none of the Trustee, the Sponsors (in the case of the Custodial Sponsor, in its capacity as Custodial Sponsor) or the Trust shall have any liability for any such loss.
All insurance and transportation costs shall be for the account of the Custodial Sponsor or the Trust, as applicable under the Trust Agreement, and paid in accordance with the Trust Agreement.
Neither Seller nor Huelsman has received any notice in writing xx xxx xlaim, lien, security interest, restriction or encumbrance adversely affecting Seller's rights to all other items comprising the Patents and Data and Related Information.
Any fee or reimbursement waiver by the Custodial Sponsor shall not operate to reduce the Custodial Sponsor’s obligations hereunder, including its obligations under Section 5.3(g).
The Custodial Sponsor may, at its sole discretion and from time to time, waive all or a portion of the Custodial Sponsor’s Fee for such period(s) of time it specifies in a notice of such fee waiver to the Trustee.
This Certificate is issued upon the terms and conditions set forth in the Depository Trust Agreement dated as of ____________, 2018 (the “Agreement”) between Gold Corporation (the “Custodial Sponsor”), Exchange Traded Concepts, LLC (the “Administrative Sponsor”, and collectively, with the Custodial Sponsor, the “Sponsors”), and the Trustee.