General Prohibition. A Limited Owner may not sell, assign, transfer or otherwise dispose of, or pledge, hypothecate or in any manner encumber any or all of his Interests or any part of his right, title and interest in the capital or profits of any Series in the Trust except as permitted in this Article V and any act in violation of this Article V shall not be binding upon or recognized by the Trust (regardless of whether the Managing Owner shall have knowledge thereof), unless approved in writing by the Managing Owner.
Appears in 9 contracts
Samples: Trust Agreement (World Monitor Trust Series A), Trust Agreement (World Monitor Trust Ii Series D), Trust Agreement (World Monitor Trust Series B)
General Prohibition. A To the fullest extent permitted by law, a Limited Owner may not sell, assign, transfer or otherwise dispose of, or pledge, hypothecate or in any manner encumber any or all of his Interests Units or any part of his right, title and interest in the capital or profits of any Series in the Trust except as permitted in this Article V and any act in violation of this Article V shall not be binding upon or recognized by the Trust (regardless of whether the Managing Owner shall have knowledge thereof), unless approved in writing by the Managing Owner.
Appears in 5 contracts
Samples: Trust and Trust Agreement (FactorShares 2X: Oil Bull/S&p500 Bear), Trust and Trust Agreement (FactorShares 2X: TBond Bull/S&p500 Bear), Trust and Trust Agreement (FactorShares 2X: S&P500 Bull/TBond Bear)
General Prohibition. A Limited Owner may not sell, assign, transfer or otherwise dispose of, or pledge, hypothecate or in any manner encumber any or all of his Interests or any part of his right, title and interest in the capital or profits of any Series in the Trust except as permitted in this Article V and any act in violation of this Article V shall not be binding upon or recognized by the Trust (regardless of whether the Managing Owner shall have knowledge thereof), unless approved in writing by the Managing Owner.
Appears in 2 contracts
Samples: Trust Agreement (Diversified Futures Trust I), Trust Agreement (Prudential Securities Strategic Trust)
General Prohibition. A Limited Owner may not sell, assign, transfer or otherwise dispose of, or pledge, hypothecate or in any manner encumber any or all of his Interests its Units or any part of his its right, title and interest in the capital or profits of any Series in the Trust except as permitted in this Article V and any act in violation of this Article V shall not be binding upon or recognized by the Trust (regardless of whether the Managing Owner shall have knowledge thereof), unless approved in writing by the Managing Owner.
Appears in 1 contract
Samples: Declaration of Trust and Trust Agreement (GreenHaven Continuous Commodity Index Fund)
General Prohibition. A To the fullest extent permitted by law, a Limited Owner may not sell, assign, transfer or otherwise dispose of, or pledge, hypothecate or in any manner encumber any or all of his Interests Units or any part of his right, title and interest in the capital or profits of in any Series in the Trust Fund except as permitted in this Article V and any act in violation of this Article V shall not be binding upon or recognized by the Trust (regardless of whether the Managing Owner shall have knowledge thereof), unless approved in writing by the Managing Owner.
Appears in 1 contract
Samples: Trust Agreement (STREAM S&P Dynamic Roll Global Commodities Fund)
