Common use of Assets of the Trust Clause in Contracts

Assets of the Trust. The Trust Estate shall irrevocably belong to the Trust for all purposes, subject only to the rights of creditors of the Trust and shall be so recorded upon the books of account of the Trust.

Appears in 8 contracts

Samples: Trust Agreement (Bitcoin Investment Trust), Trust Agreement (Fidelity Wise Origin Bitcoin Fund), Trust Agreement (Ark 21Shares Bitcoin ETF)

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Assets of the Trust. The Trust Estate shall irrevocably belong to the Trust for all purposes, subject only to the rights of creditors of the Trust and except as may otherwise be required by applicable tax laws, and shall be so recorded upon the books of account of the Trust.

Appears in 1 contract

Samples: Declaration of Trust and Trust Agreement (Osprey Bitcoin Trust)

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