Commencement of Business. The commencement of the Trust’s business and the sale of the Units to the Initial Purchaser pursuant to the Initial Purchaser Agreement shall commence at such time as the Managing Owner shall determine.
Appears in 5 contracts
Samples: Trust and Trust Agreement (FactorShares 2X: S&P500 Bull/Usd Bear), Trust and Trust Agreement (FactorShares 2X: S&P500 Bull/TBond Bear), Trust and Trust Agreement (FactorShares 2X: Oil Bull/S&p500 Bear)
Commencement of Business. The commencement of the Trust’s business and the sale of the Units Shares to the Initial Purchaser respective Authorized Participants pursuant to the Initial Purchaser each Authorized Participant Agreement shall commence at such time as the Managing Owner Sponsor shall determine.
Appears in 4 contracts
Samples: Trust Agreement (WisdomTree Coal Fund), Trust Agreement (GreenHaven Coal Fund), Trust Agreement (GreenHaven Coal Fund)
Commencement of Business. The commencement of the Trust’s business and the sale of the Units of each Fund to the Initial Purchaser pursuant to the applicable Initial Purchaser Agreement shall commence at such time as the Managing Owner shall determine.
Appears in 1 contract
Samples: Trust Agreement (STREAM S&P Dynamic Roll Global Commodities Fund)
