Common use of Custodians Clause in Contracts

Custodians. The Administrative Trustee may at any time appoint one or more custodians (each, a “Custodian”) to hold assets of the Trust, without the consent of any Registered Owner and any Beneficial Owner. The Administrative Trustee may terminate any such Custodian at any time and is not required to appoint a replacement therefor.

Appears in 14 contracts

Samples: Trust Agreement (iShares GS Commodity Natural Gas Indexed Investing Pool LLC), Trust Agreement (iShares GS Commodity Energy Indexed Investing Pool LLC), Trust Agreement (iShares GS Commodity Industrial Metals Indexed Investing Pool LLC)

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Custodians. The Administrative Trustee may at any time appoint one or more custodians (each, a “Custodian”) to hold assets of the Trust, without the consent of any Registered Owner and any Beneficial Owner. The Administrative Trustee may terminate any such Custodian at any time and is not required to appoint a replacement therefor.

Appears in 6 contracts

Samples: Trust Agreement (Ishares Diversified Alternatives Trust), Trust Agreement (Ishares Diversified Alternatives Trust), Trust Agreement (Ishares Diversified Alternatives Trust)

Custodians. The Administrative Trustee may at any time appoint one or more custodians (each, a "Custodian") to hold assets of the Trust, without the consent of any Registered Owner and any Beneficial Owner. The Administrative Trustee may is further authorized to appoint any successor or replacement Custodian or terminate any previously appointed Custodian, in accordance with the terms of the applicable custodial or other agreements entered into by the Trust with such Custodian at any time and is not required to appoint a replacement thereforor Custodians.

Appears in 6 contracts

Samples: Trust Agreement (iShares Bitcoin Trust), Trust Agreement (iShares S&P GSCI Commodity-Indexed Investing Pool LLC), Trust Agreement (iShares Bitcoin Trust)

Custodians. The Administrative Trustee may at any time appoint one or more custodians (each, a “Custodian”) to hold assets of the Trust, without the consent of any Registered Owner and any Beneficial Owner. The Administrative Trustee may is further authorized to appoint any successor or replacement Custodian or terminate any previously appointed Custodian, in accordance with the terms of the applicable custodial or other agreements entered into by the Trust with such Custodian at any time and is not required to appoint a replacement thereforor Custodians.

Appears in 2 contracts

Samples: Trust Agreement (iShares Dow Jones-Ubs Roll Select Commodity Index Trust), Trust Agreement (iShares Dow Jones-Ubs Roll Select Commodity Index Trust)

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Custodians. The Administrative Trustee may at any time appoint one or more custodians (each, a “Custodian”) to hold assets of the Trust, without the consent of any Registered Owner and any Beneficial Owner. The Administrative Trustee may is further authorized to appoint any successor or replacement Custodian or terminate any previously appointed Custodian, in accordance with the terms of the applicable custodial or other agreements entered into by the Trust with such Custodian at any time and is not required to appoint a replacement thereforor Custodians.

Appears in 1 contract

Samples: Trust Agreement (iShares S&P GSCI Commodity-Indexed Investing Pool LLC)

Custodians. The Administrative Trustee may at any time appoint one or more custodians (each, a "Custodian") to hold assets of the Trust, without the consent of any Registered Owner and any Beneficial Owner. The Administrative Trustee may is further authorized to appoint any successor or replacement Custodian or terminate any previously appointed Custodian, in accordance with the terms of the applicable custodial or other agreements entered into by the Trust with such Custodian at any time and is not required to appoint a replacement thereforor Custodians.

Appears in 1 contract

Samples: Trust Agreement (iSHARES COMMODITY OPTIMIZED TRUST)

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