Legal Title. Legal title to all of the Trust Estate of each Fund shall be vested in the Trust as a separate legal entity; provided, however, that where applicable law in any jurisdiction requires any part of the Trust Estate to be vested otherwise, the Sponsor may cause legal title to the Trust Estate or any portion thereof to be held by or in the name of the Sponsor or any other Person (other than a Unitholder) as nominee.
Appears in 11 contracts
Samples: Funds Trust (USCF Funds Trust), Funds Trust (USCF Funds Trust), Declaration of Trust and Trust Agreement (ConvexityShares Trust)
Legal Title. Legal title to all of the Trust Estate of each Fund shall be vested in the Trust as a separate legal entity; provided, however, that where applicable law in any jurisdiction requires any part of the Trust Estate to be vested otherwise, the Sponsor may cause legal title to the Trust Estate or any portion thereof to be held by or in the name of the Sponsor or any other Person (other than a UnitholderLimited Shareholder) as nominee.
Appears in 9 contracts
Samples: Trust Agreement (Teucrium Commodity Trust), Authorized Purchaser Agreement (Tidal Commodities Trust I), Trust Agreement (Teucrium Commodity Trust)
Legal Title. Legal title to all of the Trust Estate of each Fund shall be vested in the Trust as a separate legal entity; provided, however, that where applicable law in any jurisdiction requires any part of the Trust Estate to be vested otherwise, the Sponsor may cause legal title to the Trust Estate or any portion thereof to be held by or in the name of the Sponsor or any other Person (other than a UnitholderShareholder on the Trustee) as nominee.
Appears in 4 contracts
Samples: Trust Agreement (GraniteShares ETP Trust), Trust Agreement (ProShares Trust II), Trust Agreement (ProShares Trust II)
Legal Title. Legal title to all of the Trust Estate of each Fund shall be vested in the Trust as a separate legal entity; provided, however, that where if applicable law in any jurisdiction requires legal title to any part portion of the Trust Estate to be vested otherwise, the Sponsor may cause legal title to such portion of the Trust Estate or any portion thereof to be held by or in the name of the Sponsor or any other Person (other than a UnitholderShareholder or the Trustee) as nominee.
Appears in 4 contracts
Samples: Trust Agreement (WisdomTree Bitcoin Fund), Trust Agreement (WisdomTree Bitcoin Fund), Trust Agreement (Valkyrie Bitcoin Fund)
Legal Title. Legal title to all of the Trust Estate of each Fund shall be vested in the Trust as a separate legal entity; provided, however, that where applicable law in any jurisdiction requires any part of the Trust Estate to be vested otherwise, the Sponsor may cause legal title to the Trust Estate or any portion thereof to be held by or in the name of the Sponsor or any other Person (other than a UnitholderShareholder or the Trustee) as nominee.
Appears in 4 contracts
Samples: Trust Agreement (WisdomTree Coal Fund), Trust Agreement (GreenHaven Coal Fund), Trust Agreement (Greenhaven Coal Index Fund)
Legal Title. Legal title to all of the Trust Estate of each Fund shall be vested in the Trust as a separate legal entity; provided, however, that where applicable law in any jurisdiction requires any part of the Trust Estate to be vested otherwise, the Sponsor may cause legal title to the Trust Estate or any portion thereof to be held by or in the name of the Sponsor or any other Person (other than a UnitholderShareholder or the Trustee) as nominee.
Appears in 4 contracts
Samples: Trust Agreement (Dynamic Shares Trust), Trust Agreement (Dynamic Shares Trust), Trust Agreement (Direxion Shares ETF Trust II)
Legal Title. Legal title to all of the Trust Estate of each Fund shall be vested in the Trust as a separate legal entity; provided, however, that where if applicable law in any jurisdiction requires legal title to any part portion of the Trust Estate to be vested otherwise, the Sponsor may cause legal title to such portion of the Trust Estate or any portion thereof to be held by or in the name of the Sponsor or any other Person (other than a UnitholderShareholder) as nominee.
Appears in 3 contracts
Samples: Trust Agreement (Bitwise 10 Crypto Index Fund), Trust Agreement (Grayscale Bitcoin Trust (BTC)), Trust Agreement (Bitcoin Investment Trust)
Legal Title. Legal title to all of the Trust Estate of each Fund shall be vested in the Trust as a separate legal entity, solely as nominee for the applicable Fund; provided, however, that where applicable law (statutory or common) in any jurisdiction requires any part of the Trust Estate to be vested otherwise, the Sponsor may cause legal title to the Trust Estate or any portion thereof to be held by or in the name of the Sponsor or any other Person (other than a UnitholderShareholder) as nominee.
Appears in 3 contracts
Samples: Trust Agreement (AccuShares Commodities Trust I), Trust Agreement (AccuShares Trust I), Trust Agreement (AccuShares Commodities Trust I)
Legal Title. Legal title to all of the Trust Estate of each Fund shall be vested in the Trust as a separate legal entity; provided, however, that where applicable law in any jurisdiction requires any part of the Trust Estate to be vested otherwise, the Sponsor may cause legal title to the Trust Estate or any portion thereof to be held by or in the name of the Sponsor or any other Person (other than a Unitholderunitholder) as nominee.
Appears in 3 contracts
Samples: And Trust Agreement (United States Commodity Index Funds Trust), And Trust Agreement (United States Commodity Index Funds Trust), And Trust Agreement (United States Commodity Index Funds Trust)
Legal Title. Legal title to all of the Trust Estate of each Fund shall be vested in the Trust as a separate legal entity; provided, however, that where applicable law in any jurisdiction requires any part of the Trust Estate to be vested otherwise, the Sponsor may cause legal title to the Trust Estate or any portion thereof to be held by or in the name of the Sponsor or any other Person (other than a UnitholderShareholder) as nominee.
Appears in 2 contracts
Samples: Trust Agreement (ETFS Collateralized Commodities Trust), Trust Agreement (ETFS Collateralized Commodities Trust)
Legal Title. Legal title to all of the Trust Estate of each Fund shall be vested in the Trust as a separate legal entity; provided, however, that where if applicable law in any jurisdiction requires legal title to any part portion of the Trust Estate to be vested otherwise, the Sponsor may cause legal title to such portion of the Trust Estate or any portion thereof to be held by or in the name of the Sponsor or any other Person (other than a UnitholderShareholder or the Trustee unless, in the case of the Trustee, the Sponsor receives the Trustee’s prior written consent) as nominee.
Appears in 2 contracts
Samples: Trust Agreement (Ark 21Shares Bitcoin ETF), Trust Agreement (Ark 21Shares Bitcoin ETF)
Legal Title. Legal title to all of the Trust Estate of each Fund shall be vested in the Trust as a separate legal entity; provided, however, that where applicable law in any jurisdiction requires any part of the Trust Estate to be vested otherwise, the Sponsor may cause legal title to the Trust Estate or any portion thereof to be held by or in the name of the Sponsor or any other Person (other than a UnitholderShareholder or the Trustee) as nominee. The Trust shall be a separate legal entity in accordance with Section 3801(g) of the Delaware Trust Statute.
Appears in 1 contract
Samples: Trust Agreement (Vs Trust)
Legal Title. Legal title to all of the Trust Estate of each Fund shall be vested in the Trust as a separate legal entity; provided, however, that where applicable law in any jurisdiction requires any part of the Trust Estate to be vested otherwise, the Sponsor may cause legal title to the Trust Estate or any portion thereof to be held by or in the name of (i) the Sponsor or (ii) any other Person (other than a UnitholderShareholder) as nominee.
Appears in 1 contract
Samples: Declaration of Trust and Trust Agreement (AirShares(TM) EU Carbon Allowances Fund)
Legal Title. Legal title to all of the Trust Estate of each Fund shall be vested in the Trust Master Fund as a separate legal entity; provided, however, that where applicable law in any jurisdiction requires any part of the Trust Estate to be vested otherwise, the Sponsor Managing Owner may cause legal title to the Trust Estate or any portion thereof to be held by or in the name of the Sponsor Managing Owner or any other Person (other than a UnitholderShareholder) as nominee.
Appears in 1 contract
Samples: Trust and Trust Agreement (GreenHaven Continuous Commodity Index Fund)
Legal Title. Legal title to all of the Trust Estate of each Fund shall be vested in the Trust as a separate legal entity; provided, however, that where applicable law in any jurisdiction requires any part of the Trust Estate to be vested otherwise, the Sponsor may cause legal title to the Trust Estate or any portion thereof to be held by or in the name of the Sponsor or any other Person (other than a Unitholder) as nominee.
Appears in 1 contract
Samples: Declaration of Trust and Trust Agreement (Osprey Bitcoin Trust)
Legal Title. Legal title to all of the Trust Estate of each Fund shall be vested on a Fund by Fund basis in the Trust as a separate legal entity; provided, however, that where applicable law in any jurisdiction requires any part of the Trust Estate to be vested otherwise, the Sponsor Managing Owner may cause legal title to the Trust Estate or any portion thereof to be held by or in the name of the Sponsor Managing Owner or any other Person (other than a Unitholder) as nominee.
Appears in 1 contract
Samples: Trust Agreement (STREAM S&P Dynamic Roll Global Commodities Fund)
Legal Title. Legal title to all of the Trust Estate of each Fund shall be vested in the Trust as a separate legal entity; provided, however, that where applicable law in any jurisdiction requires any part of the Trust Estate to be vested otherwise, the Sponsor Managing Owner may cause legal title to the Trust Estate or any portion thereof to be held by or in the name of the Sponsor Managing Owner or any other Person (other than a UnitholderShareholder on the Trustee) as nominee.
Appears in 1 contract
Legal Title. Legal title to all of the Trust Estate of each Fund shall be vested in the Trust as a separate legal entity; provided, however, that where applicable law in any jurisdiction requires any part of the Trust Estate to be vested otherwise, the Sponsor may cause legal title to the Trust Estate or any portion thereof to be held by or in the name of the Sponsor or any other Person (other than a UnitholderShareholder on the Trustee) as nominee.. article III
Appears in 1 contract
Samples: Trust Agreement
