No Legal Title to Trust Estate. Subject to the provisions of Section 2.7 in the case of the Sponsor, the Unitholders shall not have legal title to any part of the applicable Fund’s Trust Estate.
Appears in 14 contracts
Samples: Declaration of Trust and Trust Agreement (ETF Managers Group Commodity Trust I), Funds Trust (USCF Funds Trust), And Trust Agreement (United States Commodity Index Funds Trust)
No Legal Title to Trust Estate. Subject to the provisions of Section 2.7 1.8 in the case of the Sponsor, the Unitholders Shareholders shall not have legal title to any part of the applicable Fund’s Trust Estate.
Appears in 9 contracts
Samples: Trust Agreement (Teucrium Commodity Trust), Trust Agreement (Teucrium Commodity Trust), Trust Agreement (Teucrium Commodity Trust)
No Legal Title to Trust Estate. Subject to the provisions of Section 2.7 1.7 in the case of the Sponsor, the Unitholders Shareholders shall not have legal title to any part of the applicable Fund’s Trust Estate.
Appears in 6 contracts
Samples: Trust Agreement (Grayscale Bitcoin Trust (BTC)), Trust Agreement (WisdomTree Bitcoin Fund), Trust Agreement (Valkyrie Bitcoin Fund)
No Legal Title to Trust Estate. Subject to the provisions of Section 2.7 1.7 in the case of the Sponsor, the Unitholders shall not have legal title to any part of the applicable Fund’s Trust Estate.
Appears in 1 contract
Samples: Declaration of Trust and Trust Agreement (Osprey Bitcoin Trust)