Examples of Sponsor’s Fee in a sentence

The number of ether required to create a Creation Basket, or to be delivered upon the redemption of a Creation Basket, will gradually decrease over time, due to the accrual of the Trust’s expenses, the transfer of the Trust’s ether to pay the Sponsor’s Fee and the transfer of the Trust’s ether to pay any Trust expenses not assumed by the Sponsor.
The Trust shall pay the Sponsor’s Fee as calculated by the Administrator.

More Definitions of Sponsor’s Fee

Sponsor’s Fee in Section 1.1 of the FXA Agreement is hereby deleted and replaced with the following:

Sponsor’s Fee shall have the meaning set forth in the Servicing Agreement.

Sponsor’s Fee has the meaning set forth in Section 6.8(a)(i).

Sponsor’s Fee means the fee to be paid to the Sponsor, which for each day shall be equal to (.004/365 or 366, depending on the number of days in the year) multiplied by (the Canadian Dollars in the Trust as of the close of business on the preceding Local Business Day, which shall include all unpaid interest but exclude unpaid fees, each as accrued through the immediately preceding day).

Sponsor’s Fee in Section 1.1 of the FXF Agreement is hereby deleted and replaced with the following:

Sponsor’s Fee means the fee to be paid to the Sponsor, which for each day shall be equal to (.004/365 or 366, depending on the number of days in the year) multiplied by (the Chinese Renminbi in the Trust as of the close of business on the preceding Local Business Day, which shall include all unpaid interest but exclude unpaid fees, each as accrued through the immediately preceding day).

Sponsor’s Fee means the fee paid by the Trust to the Sponsor in consideration for the Sponsor’s duties and its assumption of the ordinary administrative and marketing expenses that the Trust is expected to incur. The Sponsor’s Fee will accrue daily and will be payable in cash as provided pursuant to the Trust’s Registration Statement monthly in arrears.