Common use of Cash Redemption Clause in Contracts

Cash Redemption. The redemption proceeds for a Creation Unit of a Fund will consist solely of cash.

Appears in 3 contracts

Sources: Authorized Participant Agreement (ProShares Trust II), Authorized Participant Agreement (ProShares Trust II), Authorized Participant Agreement (ProShares Trust II)

Cash Redemption. The redemption proceeds for a Creation Unit of a the Fund will consist solely of cash.

Appears in 1 contract

Sources: Authorized Participant Agreement (ETFS Collateralized Commodities Trust)