Creation Transaction Fee. To compensate the Partnership for its expenses in connection with the creation of Baskets, a Participant is required to pay a transaction fee to the Partnership of $1,000 per order to create Baskets. An order may include multiple Baskets. The transaction fee may be reduced, increased or otherwise changed by the General Partner. The General Partner shall notify DTC in advance of any change in the transaction fee and will not implement any increase in the fee for the creation of Baskets until 30 days after the date of the notice.
Appears in 36 contracts
Samples: www.sec.gov, United States Natural Gas Fund, LP, United States Short Oil Fund, LP
Creation Transaction Fee. To compensate the Partnership for its expenses in connection with the creation of Baskets, a Participant Limited Partner is required to pay a transaction fee to the Partnership of $1,000 per order to create Baskets. An order may include multiple Baskets. The transaction fee may be reduced, increased or otherwise changed by the General Partner. The General Partner shall notify DTC in advance of any change in the transaction fee and will not implement any increase in the fee for the creation of Baskets until 30 days after the date of the notice.
Appears in 7 contracts
Samples: Limited Partnership Agreement (United States Natural Gas Fund, LP), United States Oil Fund, LP, United States Oil Fund, LP