Role of Authorized Participant. (a) The Authorized Participant acknowledges that, for all purposes of this Agreement and the Trust Agreement, the Authorized Participant is and shall be deemed to be an independent contractor and has and shall have no authority to act as agent for the Trust, the Sponsor, the Trustee or the Depository, in any matter or in any respect.
Appears in 76 contracts
Samples: Form of Participant Agreement (CurrencyShares Russian Ruble Trust), Participant Agreement (Invesco CurrencyShares Canadian Dollar Trust), Participant Agreement (Currencyshares Canadian Dollar Trust)
Role of Authorized Participant. (a) The Authorized Participant acknowledges that, for all purposes of this Agreement and the Trust Agreement, the Authorized Participant is and shall be deemed to be an independent contractor and has and shall have no authority to act as agent for the Trust, the Sponsor, the Trustee Trust or the Depository, Sponsor in any matter or in any respect.
Appears in 12 contracts
Samples: Authorized Participant Agreement (ETFS Collateralized Commodities Trust), Trust Authorized Participant Agreement (Vs Trust), Authorized Participant Agreement (Valkyrie Bitcoin Fund)
Role of Authorized Participant. (a) The Authorized Participant acknowledges that, for all purposes of this Agreement and the Trust Agreement, the Authorized Participant is and shall be deemed to be an independent contractor and has and shall have no authority to act as agent for the TrustFund, the SponsorMarketing Agent, the Trustee Administrator, the Custodian or the Depository, General Partner in any matter or in any respect.
Appears in 8 contracts
Samples: Authorized Participant Agreement (United States Diesel-Heating Oil Fund, LP), Authorized Participant Agreement (United States 12 Month Oil Fund, LP), Participant Agreement (United States 12 Month Natural Gas Fund, LP)
Role of Authorized Participant. (a) The Authorized Participant acknowledges that, for all purposes of this Agreement and the Trust Agreement, the Authorized Participant is and shall be deemed to be an independent contractor and has and shall have no authority to act as agent for the Trust, the Sponsor, the Trustee Trust or any Fund or the Depository, Managing Owner in any matter or in any respect.
Appears in 7 contracts
Samples: Invesco Db Multi (Invesco DB Multi-Sector Commodity Trust), Invesco Db Multi (Invesco DB Multi-Sector Commodity Trust), Invesco Db Multi (Invesco DB Multi-Sector Commodity Trust)
Role of Authorized Participant. (a) The Authorized Participant acknowledges that, for all purposes of this Agreement and the Trust AgreementIndenture, the Authorized Participant is and shall be deemed to be an independent contractor and has and shall have no authority to act as agent for the Trust, the Sponsor, the Trustee Trustee, the Custodian, or the Depository, Participant's Custodian in any matter or in any respect.
Appears in 5 contracts
Samples: Agreement (Equity Gold Trust), Account Agreement (Equity Gold Trust), Agreement (Equity Gold Trust)
Role of Authorized Participant. (a) The Authorized Participant acknowledges that, for all purposes of this Agreement and the Trust Agreement, the Authorized Participant is and shall be deemed to be an independent contractor and has and shall have no authority to act as agent for the Trust, the Funds, the Sponsor, the Trustee Administrator or the Depository, Custodian in any matter or in any respect.
Appears in 5 contracts
Samples: Authorized Participant Agreement (World Currency Gold Trust), Authorized Participant Agreement (World Currency Gold Trust), Authorized Participant Agreement (World Gold Trust)
Role of Authorized Participant. (a) The Authorized Participant acknowledges that, for all purposes of this Agreement and the Trust Agreement, the Authorized Participant is and shall be deemed to be an independent contractor and has and shall have no authority to act as agent for the Trust, the Sponsor, the Trustee Trust or the Depository, Managing Owner in any matter or in any respect.
Appears in 5 contracts
Samples: Currency Harvest Fund Participant Agreement (Invesco DB G10 Currency Harvest Fund), Participant Agreement (DB Commodity Index Tracking Master Fund), Participant Agreement (DB Commodity Index Tracking Master Fund)
Role of Authorized Participant. (a) The Authorized Participant acknowledges that, for all purposes of this Agreement and the Trust Agreement, the Authorized Participant is and shall be deemed to be an independent contractor and has and shall have no authority to act as agent for the Trust, the Sponsor, the Trustee Fund or the Depository, Managing Owner in any matter or in any respect.
Appears in 3 contracts
Samples: Participant Agreement (DB Multi-Sector Commodity Trust), Fund Participant Agreement (DB US Dollar Index Master Trust), Participant Agreement (DB Multi-Sector Commodity Master Trust)
Role of Authorized Participant. (a) The Authorized Participant acknowledges that, for all purposes of this Agreement and the Trust Agreement, the Authorized Participant is and shall be deemed to be an independent contractor and has and shall have no authority to act as agent for the Trust, the SponsorOrder Examiner, the Trustee BNY Mellon or the Depository, Sponsor in any matter or in any respect.
Appears in 3 contracts
Samples: Authorized Participant Agreement (Ark 21Shares Bitcoin ETF), Authorized Participant Agreement (SolidX Bitcoin Trust), Authorized Participant Agreement (Ark 21Shares Bitcoin ETF)
Role of Authorized Participant. (a) The Authorized Participant acknowledges that, and agrees that for all purposes of this Agreement and the Trust Agreement, the Authorized Participant is and shall be deemed to be an independent contractor and has and shall will have no authority to act as an agent for the Trust, the Sponsor, the Trustee Fund, the Distributor, the Transfer Agent or the Depository, Authorized Participant’s custodian in any matter or in any respect.
Appears in 3 contracts
Samples: Authorized Participant Agreement (WisdomTree Coal Fund), Authorized Participant Agreement (GreenHaven Coal Fund), Authorized Participant Agreement (Greenhaven Coal Index Fund)
Role of Authorized Participant. (a) The Each Authorized Participant acknowledges that, for all purposes of this Participants Agreement and the Trust AgreementAgreements, the Authorized Participant it is and shall be deemed to be an independent contractor and has and shall have no authority to act as agent for the TrustPaired Holding Trusts, the SponsorTradeable Trusts, the Trustee Depositor, the Administrative Agent or the Depository, Trustee in any matter or in any respect.
Appears in 3 contracts
Samples: Participants Agreement (MACRO Securities Depositor, LLC), Participants Agreement (MACRO Securities Depositor, LLC), Participants Agreement (MACRO Securities Depositor, LLC)
Role of Authorized Participant. (a) The Authorized Participant acknowledges that, for all purposes of this Agreement and the Trust Agreement, the Authorized Participant is and shall be deemed to be an independent contractor and has and shall have no authority to act as agent for the Trust, the Sponsor, the Trustee any Fund or the Depository, Managing Owner in any matter or in any respect.
Appears in 3 contracts
Samples: Participant Agreement (PowerShares DB US Dollar Index Bullish Fund), Participant Agreement (PowerShares DB Multi-Sector Commodity Trust), Participant Agreement (DB US Dollar Index Master Trust)
Role of Authorized Participant. (a) The Authorized Participant acknowledges that, for all purposes of this Agreement and the Trust Agreement, the Authorized Participant is and shall be deemed to be an independent contractor and has and shall have no authority to act as agent for the Trust, the Sponsor, the Trustee any Fund or the Depository, Managing Owner in any matter or in any respect.
Appears in 2 contracts
Samples: Participant Agreement (STREAM S&P Dynamic Roll Global Commodities Fund), Authorized Participant Agreement (Market Vectors Commodity Trust)
Role of Authorized Participant. (a) The Authorized Participant acknowledges that, for all purposes of this Agreement and the Trust Agreement, the Authorized Participant is and shall be deemed to be an independent contractor and has and shall have no authority to act as agent for the Trust, the Sponsor, the Trustee Trust or the Depository, Managing Owner in any matter or in any respect.
Appears in 2 contracts
Samples: Participant Agreement (Jefferies Commodity Real Return ETF), Participant Agreement (Jefferies S&P 500 VIX Short-Term Futures ETF)
Role of Authorized Participant. (a) The Authorized Participant acknowledges that, for all purposes of this Agreement and the Trust Agreement, the Authorized Participant is and shall be deemed to be an independent contractor and has and shall have no authority to act as agent for the Trust, the Sponsor, the Trustee any Fund or the Depository, Managing Owner in any matter or in any respect.
Appears in 2 contracts
Samples: Dollar Index Trust Participant Agreement (Invesco DB US Dollar Index Trust), Dollar Index Trust Participant Agreement (Invesco DB US Dollar Index Trust)
Role of Authorized Participant. (a) The Authorized Participant acknowledges that, for all purposes of this Agreement and the Trust Agreement, the Authorized Participant is and shall be deemed to be an independent contractor and has and shall have no authority to act as agent for the TrustTrusts, the Sponsor, the Trustee Distributor or the Depository, Managing Owner in any matter or in any respect.
Appears in 2 contracts
Samples: Form of Participant Agreement (FactorShares S&P Gold Premium), Form of Participant Agreement (FactorShares 2X: S&P500 Bull/Usd Bear)
Role of Authorized Participant. (a) The Authorized Participant acknowledges that, for all purposes of this Agreement and the Trust Agreement, the Authorized Participant is and shall be deemed to be an independent contractor and has and shall have no authority to act as agent for the Trust, the Sponsor, the Trustee Distributor or the Depository, Managing Owner in any matter or in any respect.
Appears in 2 contracts
Samples: Authorized Participant Agreement (ETF Managers Group Commodity Trust I), Authorized Participant Agreement (ETF Managers Group Commodity Trust I)
Role of Authorized Participant. (a) The Authorized Participant acknowledges that, for all purposes of this Agreement and the Trust Agreement, the Authorized Participant is and shall be deemed to be an independent contractor and has and shall have no authority to act as agent for the Trust, the Sponsor, the Trustee Sponsor or the Depository, Transfer Agent in any matter or in any respect.
Appears in 2 contracts
Samples: Form of Participant Agreement (VanEck Bitcoin Trust), Participant Agreement (Winklevoss Bitcoin Trust)
Role of Authorized Participant. (a) The Authorized Participant acknowledges that, for all purposes of this Agreement and the Trust Agreement, the Authorized Participant is and shall be deemed to be an independent contractor and has and shall have no authority to act as agent for the Fund, the Trust, the Sponsor, the Trustee Marketing Agent, the Administrator or the Depository, Custodian in any matter or in any respect.
Appears in 2 contracts
Samples: Authorized Participant Agreement (USCF Funds Trust), Authorized Participant Agreement (United States Commodity Index Funds Trust)
Role of Authorized Participant. (a) The Authorized Participant acknowledges that, for all purposes of this Agreement and the Trust AgreementIndenture, the Authorized Participant is and shall be deemed to be an independent contractor and has and shall have no authority to act as agent for the Trust, the Sponsor, the Trustee Trustee, the Custodian, or the Depository, Participant’s Custodian in any matter or in any respect.
Appears in 2 contracts
Samples: Participant Agreement (SPDR Gold Trust), Participant Agreement (SPDR Gold Trust)
Role of Authorized Participant. (a) The Authorized Participant acknowledges that, for all purposes of this Agreement and the Trust Agreement, the Authorized Participant is and shall be deemed to be an independent contractor and has and shall have no authority to act as agent for the Trust, the Sponsor, the Trustee Distributor or the Depository, Sponsor in any matter or in any respect.
Appears in 1 contract
Samples: Participant Agreement (Direxion Shares ETF Trust II)
Role of Authorized Participant. (a) The Authorized Participant acknowledges that, and agrees that for all purposes of this Agreement and the Trust Agreement, the Authorized Participant is and shall be deemed to be an independent contractor and has and shall will have no authority to act as an agent for the Trust, the Sponsor, the Trustee Trust or the Depository, Transfer in any matter or in any respect.
Appears in 1 contract
Samples: Authorized Participant Agreement (WisdomTree Bitcoin Fund)
Role of Authorized Participant. (a) The Authorized Participant acknowledges that, and agrees that for all purposes of this Agreement and the Trust Agreement, the Authorized Participant is and shall be deemed to be an independent contractor and has and shall will have no authority to act as an agent for the TrustManaging Owner, the SponsorFund, the Trustee Distributor, the Transfer Agent or the Depository, Authorized Participant’s custodian in any matter or in any respect.
Appears in 1 contract
Samples: Participant Agreement (WisdomTree Continuous Commodity Index Master Fund)
Role of Authorized Participant. (a) The Authorized Participant acknowledges that, for all purposes of this Agreement and the Trust Agreement, the Authorized Participant is and shall be deemed to be an independent contractor and has and shall have no authority to act as an agent for the Trust, the Sponsor, the Trustee Trust or the Depository, Managing Owner in any matter or in any respect.
Appears in 1 contract
Role of Authorized Participant. (a) The Authorized Participant acknowledges that, for all purposes of this Agreement and the Trust Agreement, the Authorized Participant is and shall be deemed to be an independent contractor and has and shall have no authority to act as agent for the Trust, the Sponsorany Fund, the Trustee or the Depository, Sponsor in any matter or in any respect.
Appears in 1 contract
Samples: Authorized Participant Agreement (ProShares Trust II)
