Examples of Execution Agent in a sentence
In the event the Execution Agent is unable to achieve the Reference Price, Certificateholders will receive less than the Reference Price, and the Execution Agent will have no other liability to pay the difference to any of the Issuer, the Trustee or any Certificateholder.
In relation to any such sale, the Execution Agent has agreed to use reasonable efforts to sell the relevant Underlying Cryptoassets with regard to achieving the Reference Price (as defined in the Conditions of the Certificates).
It has policies, procedures and controls in place that are reasonably designed to prevent information related to the Digital Asset ETFs, and, in the case of Galaxy, the Execution Agent Services being performed for the Digital Asset ETFs, from being disclosed to, shared with or used by any Third Party, and any Affiliate whose primary or principal business is trading Digital Assets or that may use such information to the detriment of the Digital Asset ETF.
If any change in applicable Law requires either Party to adopt specific standards related to Execution Agent Services performed under this Agreement, or to a Digital Asset ETF, then the Parties agree to make modifications to the Execution Agent Services or Digital Asset ETFs as are required to enable the Parties to comply with any changes in applicable Law.
On or shortly after each Combined Fees Calculation Date falling prior to the delivery of an Enforcement Notice by the Trustee, the Execution Agent shall arrange for the sale of an amount of the Underlying Cryptoassets equal to the relevant Combined Fees and, to settle such trade against payment of the purchase price to the Issuer Cash Account or as otherwise directed by the Issuer (the "Combined Fees Payment Proceeds").
The Personal Data may also be processed by the Data Controller’s data recipients (the “Recipients”) which, in the context of the above mentioned purposes, refer to the AIFM, the Depositary Bank, Central Administration, Transfer Agent and Paying Agent, the Execution Agent, the Auditor and the legal advisor.
When doing so, the Execution Agent will act in its own interests, rather than with regard to the interests of the Issuer or other Certificateholders.
A medical examination may be required after an offer of employment has been made and, prior to commencement of employment duties, if all persons offered the position are required to have the examination.
The Sponsor has agreed to assume and pay the normal operating expenses of the Trust, which include the Trustee’s monthly fee and out-of-pocket expenses, the fees of the Trust’s regular service providers (Cash Custodian, Ether Custodian, Prime Execution Agent, Marketing Agent, Transfer Agent and Administrator), Exchange listing fees, tax reporting fees, SEC registration fees, printing and mailing costs, audit fees and ordinary legal expenses.
The Sponsor, the Administrative Trustee and the Trust shall have no liability for any loss of ether occurring prior to the Delivery of ether to the Ether Custodian or Prime Execution Agent, as applicable, by the Authorized Participant (and for the avoidance of doubt, shall have no liability for any loss of ether while held by the Ether Custodian or Prime Execution Agent absent gross negligence or bad faith by the Sponsor and the Administrative Trustee).