Examples of Redemption Basket in a sentence

By placing a Redemption Order, an Authorized Participant agrees to deliver the Redemption Basket to be redeemed through DTC’s book-entry system to the Trust’s account with BNY Mellon not later than the end of the Business Day following the effective date of the Redemption Order (“Redemption Distribution Date”).

More Definitions of Redemption Basket

Redemption Basket means the minimum number of Limited Units of a Fund that may be redeemed pursuant to Section 7.1, which shall be the number of Limited Units of such Fund constituting a Creation Basket on the relevant Redemption Order Date.

Redemption Basket means a portfolio of Index Securities and non-Index Securities determined and designated, or approved, by the Manager in respect of each Dealing Day for the purposes of the redemption of Units in a Redemption Unit aggregation for that Dealing Day;

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

Redemption Basket means a Basket redeemed by the Trust in exchange for Bitcoins in an amount equal to the Basket Amount.

Redemption Basket means the Redemption Securities and Balancing Amount required to purchase a creation unit of a Fund on a Redemption Date.

Redemption Basket means a Basket redeemed by the Trust in exchange for Bitcoins or cash in an amount equal to the Basket Bitcoin Amount or Basket Cash Amount, as applicable.

Redemption Basket means the minimum number of Limited Shares of a Master Fund that may be redeemed pursuant to Section 7.1, which shall be the number of Limited Shares of a Master Fund constituting a Creation Basket on the relevant Redemption Order Date.