Seed Investor definition

Seed Investor means the purchaser of the initial Creation Baskets acting solely in its capacity as purchaser of such initial Creation Baskets;

Seed Investor means an individual who substantially contributed to the organization of the Company whether or not the individual intends to serve as an active officer or director, as determined by the Committee.

Seed Investor. Breed Reply Investments Limited a private limited company incorporated under the laws of England and Wales with company number 09321264 whose registered office is at 00 Xxxxxxxxx Xxxxxxx Xxxxxx Xxxxxxx XX0X 0XX.

Examples of Seed Investor in a sentence

• Notwithstanding anything to the contrary in this Second Amended and Restated Declaration of Trust, the Trust will issue and redeem the Shares in Creation Baskets only to certain Authorized Participants on an ongoing basis, or to such other purchaser or purchasers, including the Seed Investor, as otherwise determined by the Sponsor in its sole discretion, and only in exchange for ether and/or cash.

• The Trust will issue and redeem the Shares in Creation Baskets only to certain Authorized Participants on an ongoing basis, or as otherwise determined by the Sponsor in its sole discretion, including the issuance of the initial Creation Baskets to the Seed Investor (if any).

• Except as may be otherwise permitted by the Sponsor pursuant to Article III, or as otherwise determined by the Sponsor in its sole discretion, including the issuance of the initial Creation Baskets to the Seed Investor (if any), only Authorized Participants will be able to place orders to create or redeem Creation Baskets.

• The Seed Investor (if any) will not be subject to a Transaction Fee for the purchase of the initial Creation Baskets issued to it in its capacity as the purchaser of such initial Creation Baskets.