Common use of Other Accounts Clause in Contracts

Other Accounts. The Trust understands and acknowledges that Sponsor may act as sponsor for various persons other than the Trust. The Trust acknowledges that Sponsor may give advice and take action concerning other persons that may be the same as, similar to or different from the advice given, or the timing and nature of action taken, concerning the Trust. Except to the extent necessary to perform Sponsor’s obligations under this Agreement, nothing herein shall be deemed to limit or restrict the right of Sponsor, or any affiliate of Sponsor or any employee of Sponsor to engage in any other business or to devote time and attention to the management or other aspects of any other business, whether of a similar or dissimilar nature, or to render services of any kind to any other corporation, firm, individual or association.

Appears in 7 contracts

Samples: Sponsor Agreement (Cotwo Advisors Physical European Carbon Allowance Trust), Sponsor Agreement (Ark 21Shares Bitcoin ETF), Sponsor Agreement (Ark 21Shares Bitcoin ETF)

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Other Accounts. The Trust understands and acknowledges that Sponsor may act as sponsor or commodity pool operator for various persons other than the TrustFunds. The Trust Trust, on behalf of the Funds, acknowledges that Sponsor may give advice and take action concerning other persons that may be the same as, similar to or different from the advice given, or the timing and nature of action taken, concerning the TrustFunds. Except to the extent necessary to perform Sponsor’s obligations under this Agreement, nothing herein shall be deemed to limit or restrict the right of Sponsor, or any affiliate of Sponsor or any employee of Sponsor to engage in any other business or to devote time and attention to the management or other aspects of any other business, whether of a similar or dissimilar nature, or to render services of any kind to any other corporation, firm, individual or association.

Appears in 4 contracts

Samples: Sponsor Agreement (World Currency Gold Trust), Sponsor Agreement (World Currency Gold Trust), Sponsor Agreement (Global Currency Gold Trust)

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Other Accounts. The Trust understands and acknowledges that Sponsor may act as sponsor for various persons other than the TrustFund. The Trust Trust, on behalf of the Fund, acknowledges that Sponsor may give advice and take action concerning other persons that may be the same as, similar to or different from the advice given, or the timing and nature of action taken, concerning the TrustFund. Except to the extent necessary to perform Sponsor’s obligations under this Agreement, nothing herein shall be deemed to limit or restrict the right of Sponsor, or any affiliate of Sponsor or any employee of Sponsor to engage in any other business or to devote time and attention to the management or other aspects of any other business, whether of a similar or dissimilar nature, or to render services of any kind to any other corporation, firm, individual or association.

Appears in 4 contracts

Samples: Sponsor Agreement (Franklin Templeton Digital Holdings Trust), Sponsor Agreement (Franklin Templeton Digital Holdings Trust), Sponsor Agreement (Franklin Templeton Holdings Trust)

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