{"component": "clause", "props": {"groups": [{"snippet_links": [{"key": "the-trust", "type": "clause", "offset": [27, 36]}, {"key": "the-sponsor", "type": "clause", "offset": [41, 52]}, {"key": "a-limited", "type": "clause", "offset": [83, 92]}, {"key": "company-organized", "type": "clause", "offset": [107, 124]}, {"key": "laws-of-the-state-of-new-york", "type": "clause", "offset": [135, 164]}, {"key": "the-us", "type": "clause", "offset": [178, 185]}, {"key": "federal-reserve-system", "type": "definition", "offset": [187, 209]}, {"key": "meaning-of", "type": "definition", "offset": [247, 257]}, {"key": "new-york-uniform-commercial-code", "type": "definition", "offset": [262, 294]}, {"key": "clearing-agency", "type": "clause", "offset": [303, 318]}, {"key": "pursuant-to-the-provisions-of-section", "type": "clause", "offset": [331, 368]}, {"key": "securities-exchange-act-of-1934", "type": "definition", "offset": [380, 411]}, {"key": "as-amended", "type": "definition", "offset": [413, 423]}, {"key": "hold-securities", "type": "clause", "offset": [455, 470]}, {"key": "dtc-participants", "type": "definition", "offset": [497, 513]}, {"key": "settlement-of-securities-transactions", "type": "clause", "offset": [552, 589]}, {"key": "electronic-book", "type": "definition", "offset": [644, 659]}, {"key": "changes-in", "type": "definition", "offset": [666, 676]}, {"key": "securities-certificates", "type": "definition", "offset": [765, 788]}, {"key": "brokers-and-dealers", "type": "clause", "offset": [826, 845]}, {"key": "trust-companies", "type": "definition", "offset": [854, 869]}, {"key": "clearing-corporations", "type": "definition", "offset": [871, 892]}, {"key": "other-organizations", "type": "definition", "offset": [906, 925]}, {"key": "access-to-the", "type": "clause", "offset": [991, 1004]}, {"key": "available-to", "type": "definition", "offset": [1033, 1045]}, {"key": "custodial-relationship", "type": "clause", "offset": [1138, 1160]}, {"key": "directly-or-indirectly", "type": "clause", "offset": [1192, 1214]}, {"key": "indirect-participants", "type": "definition", "offset": [1217, 1238]}], "snippet": "The Depository has advised the Trust and the Sponsor as follows: The Depository is a limited-purpose trust company organized under the laws of the State of New York, a member of the U.S. Federal Reserve System, a \u201cclearing corporation\u201d within the meaning of the New York Uniform Commercial Code, and a \u201cclearing agency\u201d registered pursuant to the provisions of Section 17A of the Securities Exchange Act of 1934, as amended. The Depository was created to hold securities of its participants (the \u201cDTC Participants\u201d) and to facilitate the clearance and settlement of securities transactions among the DTC Participants in such securities through electronic book-entry changes in accounts of the DTC Participants, thereby eliminating the need for physical movement of securities certificates. DTC Participants include securities brokers and dealers, banks, trust companies, clearing corporations, and certain other organizations, some of whom (and/or their representatives) own the Depository. Access to the Depository\u2019s system is also available to others such as banks, brokers, dealers and trust companies that clear through or maintain a custodial relationship with a DTC Participant, either directly or indirectly (\u201cIndirect Participants\u201d).", "size": 28, "samples": [{"hash": "9udDXRVR7Pm", "uri": "/contracts/9udDXRVR7Pm#the-depository", "label": "Trust Agreement (Tidal Commodities Trust I)", "score": 34.5496253967, "published": true}, {"hash": "aPaad9DXDdv", "uri": "/contracts/aPaad9DXDdv#the-depository", "label": "Declaration of Trust and Trust Agreement (ConvexityShares Trust)", "score": 34.5003433228, "published": true}, {"hash": "89sOTqcTjfd", "uri": "/contracts/89sOTqcTjfd#the-depository", "label": "Declaration of Trust and Trust Agreement (ConvexityShares Trust)", "score": 32.3949356079, "published": true}], "hash": "639de894ad679d55fff54d26cef047aa", "id": 1}, {"snippet_links": [{"key": "the-trust", "type": "clause", "offset": [27, 36]}, {"key": "the-manager", "type": "definition", "offset": [41, 52]}, {"key": "a-limited", "type": "clause", "offset": [83, 92]}, {"key": "company-organized", "type": "clause", "offset": [107, 124]}, {"key": "laws-of-the-state-of-new-york", "type": "clause", "offset": [135, 164]}, {"key": "the-us", "type": "clause", "offset": [178, 185]}, {"key": "federal-reserve-system", "type": "definition", "offset": [187, 209]}, {"key": "meaning-of", "type": "definition", "offset": [247, 257]}, {"key": "new-york-uniform-commercial-code", "type": "definition", "offset": [262, 294]}, {"key": "clearing-agency", "type": "clause", "offset": [302, 317]}, {"key": "pursuant-to-the-provisions-of-section", "type": "clause", "offset": [330, 367]}, {"key": "the-exchange-act", "type": "definition", "offset": [375, 391]}, {"key": "hold-securities", "type": "clause", "offset": [423, 438]}, {"key": "dtc-participants", "type": "definition", "offset": [465, 481]}, {"key": "settlement-of-securities-transactions", "type": "clause", "offset": [520, 557]}, {"key": "electronic-book", "type": "definition", "offset": [612, 627]}, {"key": "changes-in", "type": "definition", "offset": [634, 644]}, {"key": "securities-certificates", "type": "definition", "offset": [733, 756]}, {"key": "brokers-and-dealers", "type": "clause", "offset": [794, 813]}, {"key": "trust-companies", "type": "definition", "offset": [822, 837]}, {"key": "clearing-corporations", "type": "definition", "offset": [839, 860]}, {"key": "other-organizations", "type": "definition", "offset": [873, 892]}, {"key": "access-to-the", "type": "clause", "offset": [958, 971]}, {"key": "available-to", "type": "definition", "offset": [1000, 1012]}, {"key": "custodial-relationship", "type": "clause", "offset": [1105, 1127]}, {"key": "directly-or-indirectly", "type": "clause", "offset": [1159, 1181]}, {"key": "indirect-participants", "type": "definition", "offset": [1184, 1205]}], "snippet": "The Depository has advised the Trust and the Manager as follows: The Depository is a limited-purpose trust company organized under the laws of the State of New York, a member of the U.S. Federal Reserve System, a \u201cclearing corporation\u201d within the meaning of the New York Uniform Commercial Code and a \u201cclearing agency\u201d registered pursuant to the provisions of Section 17A of the Exchange Act. The Depository was created to hold securities of its participants (the \u201cDTC Participants\u201d) and to facilitate the clearance and settlement of securities transactions among the DTC Participants in such securities through electronic book-entry changes in accounts of the DTC Participants, thereby eliminating the need for physical movement of securities certificates. DTC Participants include securities brokers and dealers, banks, trust companies, clearing corporations and certain other organizations, some of whom (and/or their representatives) own the Depository. Access to the Depository\u2019s system is also available to others such as banks, brokers, dealers and trust companies that clear through or maintain a custodial relationship with a DTC Participant, either directly or indirectly (\u201cIndirect Participants\u201d).", "size": 9, "samples": [{"hash": "dyaPzO3Ur68", "uri": "/contracts/dyaPzO3Ur68#the-depository", "label": "Trust Agreement (Nuveen Long/Short Commodity Total Return Fund)", "score": 23.7186851501, "published": true}, {"hash": "3XY7DWpCr2t", "uri": "/contracts/3XY7DWpCr2t#the-depository", "label": "Trust Agreement (Nuveen Diversified Commodity Fund)", "score": 23.2423000336, "published": true}, {"hash": "hKKHz6y7hKo", "uri": "/contracts/hKKHz6y7hKo#the-depository", "label": "Trust Agreement (Nuveen Diversified Commodity Fund)", "score": 21.7255306244, "published": true}], "hash": "094b933d9a7bb1bb826b0dbbfe53ea08", "id": 4}, {"snippet_links": [{"key": "the-parties-acknowledge", "type": "clause", "offset": [0, 23]}, {"key": "the-sponsor", "type": "clause", "offset": [67, 78]}, {"key": "the-trustee", "type": "clause", "offset": [80, 91]}, {"key": "no-duty-or-liability", "type": "clause", "offset": [102, 122]}, {"key": "any-person", "type": "clause", "offset": [126, 136]}, {"key": "deposit-account-agreement", "type": "definition", "offset": [186, 211]}, {"key": "at-all-times", "type": "clause", "offset": [244, 256]}, {"key": "in-all-respects", "type": "clause", "offset": [261, 276]}, {"key": "be-responsible", "type": "clause", "offset": [319, 333]}, {"key": "rights-and-duties-of-the", "type": "clause", "offset": [352, 376]}, {"key": "to-the-trust", "type": "clause", "offset": [403, 415]}, {"key": "applicable-law", "type": "clause", "offset": [472, 486]}, {"key": "trustee-shall", "type": "definition", "offset": [492, 505]}, {"key": "consent-of-the", "type": "clause", "offset": [579, 593]}, {"key": "in-writing", "type": "clause", "offset": [687, 697]}], "snippet": "The parties acknowledge that the Depository was selected solely by the Sponsor. The Trustee will have no duty or liability to any Person on account of that selection or the terms of the Deposit Account Agreement. The Depository will be subject at all times and in all respects to the directions of the Trustee and will be responsible solely to it. The rights and duties of the Depository with reference to the Trust will be determined by the Deposit Account Agreement and applicable law. The Trustee shall not amend or terminate the Deposit Account Agreement without the written consent of the Sponsor. The Trustee shall terminate the Deposit Account Agreement if the Sponsor directs it in writing to do so.", "size": 22, "samples": [{"hash": "iIQHOt4i0CW", "uri": "/contracts/iIQHOt4i0CW#the-depository", "label": "Depositary Trust Agreement", "score": 31.3408622742, "published": true}, {"hash": "iJvfFXNDfi5", "uri": "/contracts/iJvfFXNDfi5#the-depository", "label": "Depositary Trust Agreement (Currencyshares Mexican Peso Trust)", "score": 22.1854896545, "published": true}, {"hash": "cZMLUfyMTWV", "uri": "/contracts/cZMLUfyMTWV#the-depository", "label": "Depositary Trust Agreement (Currencyshares British Pound Sterling Trust)", "score": 22.1854896545, "published": true}], "hash": "4e14b727210368b817caa9ced8c72871", "id": 2}, {"snippet_links": [{"key": "the-partnership", "type": "clause", "offset": [27, 42]}, {"key": "the-general-partner", "type": "definition", "offset": [47, 66]}, {"key": "a-limited", "type": "clause", "offset": [97, 106]}, {"key": "company-organized", "type": "clause", "offset": [121, 138]}, {"key": "laws-of-the-state-of-new-york", "type": "clause", "offset": [149, 178]}, {"key": "the-us", "type": "clause", "offset": [192, 199]}, {"key": "federal-reserve-system", "type": "definition", "offset": [201, 223]}, {"key": "meaning-of", "type": "definition", "offset": [261, 271]}, {"key": "new-york-uniform-commercial-code", "type": "definition", "offset": [276, 308]}, {"key": "clearing-agency", "type": "clause", "offset": [317, 332]}, {"key": "pursuant-to-the-provisions-of-section", "type": "clause", "offset": [345, 382]}, {"key": "securities-exchange-act-of-1934", "type": "definition", "offset": [394, 425]}, {"key": "as-amended", "type": "definition", "offset": [427, 437]}, {"key": "hold-securities", "type": "clause", "offset": [469, 484]}, {"key": "dtc-participants", "type": "definition", "offset": [488, 504]}, {"key": "settlement-of-securities-transactions", "type": "clause", "offset": [541, 578]}, {"key": "electronic-book", "type": "definition", "offset": [633, 648]}, {"key": "changes-in", "type": "definition", "offset": [655, 665]}, {"key": "securities-certificates", "type": "definition", "offset": [754, 777]}, {"key": "brokers-and-dealers", "type": "clause", "offset": [817, 836]}, {"key": "trust-companies", "type": "definition", "offset": [845, 860]}, {"key": "clearing-corporations", "type": "definition", "offset": [862, 883]}, {"key": "other-organizations", "type": "definition", "offset": [897, 916]}, {"key": "access-to-the", "type": "clause", "offset": [982, 995]}, {"key": "available-to", "type": "definition", "offset": [1024, 1036]}, {"key": "custodial-relationship", "type": "clause", "offset": [1129, 1151]}, {"key": "directly-or-indirectly", "type": "clause", "offset": [1183, 1205]}, {"key": "indirect-participants", "type": "definition", "offset": [1208, 1229]}, {"key": "its-service", "type": "definition", "offset": [1287, 1298]}, {"key": "with-respect-to", "type": "clause", "offset": [1299, 1314]}, {"key": "notice-to-the", "type": "clause", "offset": [1352, 1365]}, {"key": "pursuant-to-and-in", "type": "clause", "offset": [1382, 1400]}, {"key": "conformity-with", "type": "clause", "offset": [1401, 1416]}, {"key": "the-provisions-of-the", "type": "clause", "offset": [1417, 1438]}, {"key": "depository-agreement", "type": "clause", "offset": [1439, 1459]}, {"key": "its-responsibilities", "type": "clause", "offset": [1476, 1496]}, {"key": "applicable-law", "type": "clause", "offset": [1524, 1538]}, {"key": "terms-acceptable", "type": "clause", "offset": [1705, 1721]}], "snippet": "The Depository has advised the Partnership and the General Partner as follows: the Depository is a limited-purpose trust company organized under the laws of the State of New York, a member of the U.S. Federal Reserve System, a \u201cclearing corporation\u201d within the meaning of the New York Uniform Commercial Code, and a \u201cclearing agency\u201d registered pursuant to the provisions of Section 17A of the Securities Exchange Act of 1934, as amended. The Depository was created to hold securities of DTC Participants and to facilitate the clearance and settlement of securities transactions among the DTC Participants in such securities through electronic book-entry changes in accounts of the DTC Participants, thereby eliminating the need for physical movement of securities certificates. \u201cDTC Participants\u201d include securities brokers and dealers, banks, trust companies, clearing corporations, and certain other organizations, some of whom (and/or their representatives) own the Depository. Access to the Depository\u2019s system is also available to others such as banks, brokers, dealers and trust companies that clear through or maintain a custodial relationship with a DTC Participant, either directly or indirectly (\u201cIndirect Participants\u201d). The Depository may determine to discontinue providing its service with respect to Creation Baskets and Units by giving notice to the General Partner pursuant to and in conformity with the provisions of the Depository Agreement and discharging its responsibilities with respect thereto under applicable law. Under such circumstances, the General Partner shall take action either to find a replacement for the Depository to perform its functions at a comparable cost and on terms acceptable to the General Partner or, if such a replacement is unavailable, to terminate the Partnership.", "size": 22, "samples": [{"hash": "b7D3BZKEH82", "uri": "/contracts/b7D3BZKEH82#the-depository", "label": "Limited Partnership Agreement (United States Oil Fund, LP)", "score": 28.9534568787, "published": true}, {"hash": "9fNqWOlnrlz", "uri": "/contracts/9fNqWOlnrlz#the-depository", "label": "Limited Partnership Agreement (United States Short Oil Fund, LP)", "score": 28.9534568787, "published": true}, {"hash": "7ZnjmdFmHaa", "uri": "/contracts/7ZnjmdFmHaa#the-depository", "label": "Limited Partnership Agreement (United States Diesel-Heating Oil Fund, LP)", "score": 28.9534568787, "published": true}], "hash": "106b6bf731bbe68d972cd39b9d1fcd2d", "id": 3}, {"snippet_links": [{"key": "a-limited", "type": "clause", "offset": [18, 27]}, {"key": "company-organized", "type": "clause", "offset": [42, 59]}, {"key": "banking-law", "type": "clause", "offset": [79, 90]}, {"key": "banking-organization", "type": "definition", "offset": [95, 115]}, {"key": "meaning-of", "type": "definition", "offset": [128, 138]}, {"key": "the-us", "type": "clause", "offset": [177, 184]}, {"key": "federal-reserve-system", "type": "definition", "offset": [186, 208]}, {"key": "new-york-uniform-commercial-code", "type": "definition", "offset": [261, 293]}, {"key": "clearing-agency", "type": "clause", "offset": [302, 317]}, {"key": "pursuant-to-the-provisions-of-section", "type": "clause", "offset": [330, 367]}, {"key": "securities-exchange-act-of-1934", "type": "definition", "offset": [379, 410]}, {"key": "as-amended", "type": "definition", "offset": [412, 422]}, {"key": "asset-servicing", "type": "clause", "offset": [447, 462]}, {"key": "the-post", "type": "clause", "offset": [532, 540]}, {"key": "trade-settlement", "type": "clause", "offset": [541, 557]}, {"key": "other-securities-transactions", "type": "clause", "offset": [597, 626]}, {"key": "deposited-securities", "type": "clause", "offset": [630, 650]}, {"key": "transfers-and-pledges", "type": "clause", "offset": [695, 716]}, {"key": "securities-certificates", "type": "definition", "offset": [806, 829]}, {"key": "brokers-and-dealers", "type": "clause", "offset": [893, 912]}, {"key": "trust-companies", "type": "definition", "offset": [921, 936]}, {"key": "clearing-corporations", "type": "definition", "offset": [938, 959]}, {"key": "other-organizations", "type": "definition", "offset": [973, 992]}, {"key": "subsidiary-of", "type": "definition", "offset": [1016, 1029]}, {"key": "depository-trust", "type": "definition", "offset": [1034, 1050]}, {"key": "the-holding-company", "type": "clause", "offset": [1092, 1111]}, {"key": "national-securities-clearing-corporation", "type": "clause", "offset": [1121, 1161]}, {"key": "fixed-income-clearing-corporation", "type": "definition", "offset": [1166, 1199]}, {"key": "clearing-agencies", "type": "definition", "offset": [1229, 1246]}, {"key": "owned-by", "type": "definition", "offset": [1256, 1264]}, {"key": "regulated-subsidiaries", "type": "clause", "offset": [1282, 1304]}, {"key": "access-to-the", "type": "clause", "offset": [1306, 1319]}, {"key": "dtc-system", "type": "definition", "offset": [1320, 1330]}, {"key": "available-to", "type": "definition", "offset": [1339, 1351]}, {"key": "custodial-relationship", "type": "clause", "offset": [1505, 1527]}, {"key": "directly-or-indirectly", "type": "clause", "offset": [1562, 1584]}, {"key": "indirect-participants", "type": "definition", "offset": [1587, 1608]}], "snippet": "The Depository is a limited-purpose trust company organized under the New York Banking Law, a \u201cbanking organization\u201d within the meaning of the New York Banking Law, a member of the U.S. Federal Reserve System, a \u201cclearing corporation\u201d within the meaning of the New York Uniform Commercial Code, and a \u201cclearing agency\u201d registered pursuant to the provisions of Section 17A of the Securities Exchange Act of 1934, as amended. DTC holds and provides asset servicing for DTC\u2019s participants (\u201cDirect Participants\u201d). DTC also facilitates the post-trade settlement among Direct Participants of sales and other securities transactions in deposited securities, through electronic computerized book-entry transfers and pledges between Direct Participants\u2019 accounts. This eliminates the need for physical movement of securities certificates. Direct Participants include both U.S. and non-U.S. securities brokers and dealers, banks, trust companies, clearing corporations, and certain other organizations. DTC is a wholly-owned subsidiary of The Depository Trust & Clearing Corporation (\u201cDTCC\u201d). DTCC is the holding company for DTC, National Securities Clearing Corporation and Fixed Income Clearing Corporation, all of which are registered clearing agencies. DTCC is owned by the users of its regulated subsidiaries. Access to the DTC system is also available to others such as both U.S. and non-U.S. securities brokers and dealers, banks, trust companies, and clearing corporations that clear through or maintain a custodial relationship with a Direct Participant, either directly or indirectly (\u201cIndirect Participants\u201d).", "size": 6, "samples": [{"hash": "kDNFmosbHJL", "uri": "/contracts/kDNFmosbHJL#the-depository", "label": "Declaration of Trust and Trust Agreement (STREAM S&P Dynamic Roll Global Commodities Fund)", "score": 23.308008194, "published": true}, {"hash": "eEzW49l1Zgy", "uri": "/contracts/eEzW49l1Zgy#the-depository", "label": "Declaration of Trust and Trust Agreement (FactorShares 2X: Gold Bull/S&p500 Bear)", "score": 21.8377819061, "published": true}, {"hash": "77E3g9sMrjF", "uri": "/contracts/77E3g9sMrjF#the-depository", "label": "Declaration of Trust and Trust Agreement (FactorShares 2X: S&P500 Bull/TBond Bear)", "score": 21.8377819061, "published": true}], "hash": "8c0b185c668a68fbadcaf598f2ae97d1", "id": 5}, {"snippet_links": [{"key": "the-parties-acknowledge", "type": "clause", "offset": [4, 27]}, {"key": "the-sponsor", "type": "clause", "offset": [71, 82]}, {"key": "no-duty-or-liability", "type": "clause", "offset": [106, 126]}, {"key": "any-person", "type": "clause", "offset": [130, 140]}, {"key": "deposit-account-agreement", "type": "definition", "offset": [190, 215]}, {"key": "at-all-times", "type": "clause", "offset": [248, 260]}, {"key": "in-all-respects", "type": "clause", "offset": [265, 280]}, {"key": "be-responsible", "type": "clause", "offset": [323, 337]}, {"key": "action-to-be-taken", "type": "clause", "offset": [394, 412]}, {"key": "by-the-trustee", "type": "clause", "offset": [438, 452]}, {"key": "pursuant-to-the", "type": "clause", "offset": [453, 468]}, {"key": "as-directed", "type": "definition", "offset": [530, 541]}, {"key": "reasonable-discretion", "type": "clause", "offset": [620, 641]}, {"key": "adversely-affect", "type": "definition", "offset": [643, 659]}, {"key": "rights-or-obligations", "type": "clause", "offset": [674, 695]}, {"key": "rights-and-duties-of-the", "type": "clause", "offset": [712, 736]}, {"key": "with-reference-to", "type": "clause", "offset": [748, 765]}, {"key": "applicable-law", "type": "clause", "offset": [832, 846]}, {"key": "trustee-shall", "type": "definition", "offset": [852, 865]}, {"key": "consent-of-the", "type": "clause", "offset": [939, 953]}, {"key": "in-writing", "type": "clause", "offset": [1047, 1057]}, {"key": "with-respect-to", "type": "clause", "offset": [1072, 1087]}, {"key": "to-the-trustee", "type": "clause", "offset": [1173, 1187]}, {"key": "arrange-for", "type": "clause", "offset": [1258, 1269]}, {"key": "the-trust-property", "type": "clause", "offset": [1309, 1327]}, {"key": "related-to", "type": "definition", "offset": [1413, 1423]}, {"key": "report-the-results", "type": "clause", "offset": [1605, 1623]}, {"key": "no-duty-to-monitor", "type": "clause", "offset": [1764, 1782]}, {"key": "any-action", "type": "definition", "offset": [1809, 1819]}, {"key": "in-respect-of", "type": "definition", "offset": [1820, 1833]}, {"key": "except-as-provided-in", "type": "clause", "offset": [1849, 1870]}, {"key": "in-no-event-shall", "type": "clause", "offset": [1887, 1904]}, {"key": "loss-or-damage", "type": "clause", "offset": [1935, 1949]}, {"key": "resulting-from", "type": "definition", "offset": [1950, 1964]}, {"key": "failure-of-the", "type": "clause", "offset": [2004, 2018]}], "snippet": "(a) The parties acknowledge that the Depository was selected solely by the Sponsor. The Trustee will have no duty or liability to any Person on account of that selection or the terms of the Deposit Account Agreement. The Depository will be subject at all times and in all respects to the directions of the Trustee and will be responsible solely to it (provided, however, that any discretionary action to be taken, or decision to be made, by the Trustee pursuant to the Deposit Account Agreement shall only be taken or made if and as directed by the Sponsor and the directed action or decision does not, in the Trustee\u2019s reasonable discretion, adversely affect the Trustee\u2019s rights or obligations hereunder). The rights and duties of the Depository with reference to the Trust will be determined by the Deposit Account Agreement and applicable law. The Trustee shall not amend or terminate the Deposit Account Agreement without the written consent of the Sponsor. The Trustee shall terminate the Deposit Account Agreement if the Sponsor directs it in writing to do so.\n(b) With respect to the monitoring of the Depository, the Trustee shall: (i) review statements submitted to the Trustee by the Depository pursuant to the Deposit Account Agreement; and (ii) arrange for inspections, audits or examinations of the Trust Property held for the Trust by the Depository and of the Depository\u2019s accounts and operations related to the Deposit Account by accountants or other inspectors selected by the Sponsor at such times as directed by the Sponsor and as permitted by the Deposit Account Agreement, and shall report the results of such reviews, inspections, audits or examinations to the Sponsor. Other than as set forth in this Section 6.6(b), the Trustee shall have no duty to monitor the Depository or to take any action in respect of the Depository except as provided in Section 6.6(a). In no event shall the Trustee be liable for any loss or damage resulting from any act, omission, insolvency or other failure of the Depository.", "size": 3, "samples": [{"hash": "9ONQ39qRbnl", "uri": "/contracts/9ONQ39qRbnl#the-depository", "label": "Depositary Trust Agreement (Currencyshares Chinese Renminbi Trust)", "score": 22.5633125305, "published": true}, {"hash": "iR1XpnoqXAn", "uri": "/contracts/iR1XpnoqXAn#the-depository", "label": "Depositary Trust Agreement (Currencyshares Chinese Renminbi Trust)", "score": 22.4127311707, "published": true}], "hash": "16bbf043ae48cf3149083b4708334f7e", "id": 6}, {"snippet_links": [{"key": "the-trust", "type": "clause", "offset": [27, 36]}, {"key": "the-manager", "type": "definition", "offset": [41, 52]}, {"key": "a-limited", "type": "clause", "offset": [83, 92]}, {"key": "company-organized", "type": "clause", "offset": [107, 124]}, {"key": "banking-law", "type": "clause", "offset": [140, 151]}, {"key": "banking-organization", "type": "definition", "offset": [156, 176]}, {"key": "meaning-of", "type": "definition", "offset": [189, 199]}, {"key": "the-us", "type": "clause", "offset": [238, 245]}, {"key": "federal-reserve-system", "type": "definition", "offset": [247, 269]}, {"key": "new-york-uniform-commercial-code", "type": "definition", "offset": [322, 354]}, {"key": "clearing-agency", "type": "clause", "offset": [363, 378]}, {"key": "pursuant-to-the-provisions-of-section", "type": "clause", "offset": [391, 428]}, {"key": "securities-exchange-act-of-1934", "type": "definition", "offset": [440, 471]}, {"key": "as-amended", "type": "definition", "offset": [473, 483]}, {"key": "asset-servicing", "type": "clause", "offset": [519, 534]}, {"key": "dtc-participants", "type": "definition", "offset": [562, 578]}, {"key": "the-post", "type": "clause", "offset": [614, 622]}, {"key": "trade-settlement", "type": "clause", "offset": [623, 639]}, {"key": "other-securities-transactions", "type": "clause", "offset": [676, 705]}, {"key": "deposited-securities", "type": "clause", "offset": [736, 756]}, {"key": "transfers-and-pledges", "type": "clause", "offset": [801, 822]}, {"key": "securities-certificates", "type": "definition", "offset": [909, 932]}, {"key": "brokers-and-dealers", "type": "clause", "offset": [993, 1012]}, {"key": "trust-companies", "type": "definition", "offset": [1021, 1036]}, {"key": "clearing-corporations", "type": "definition", "offset": [1038, 1059]}, {"key": "other-organizations", "type": "definition", "offset": [1073, 1092]}, {"key": "subsidiary-of", "type": "definition", "offset": [1116, 1129]}, {"key": "depository-trust", "type": "definition", "offset": [1134, 1150]}, {"key": "the-holding-company", "type": "clause", "offset": [1192, 1211]}, {"key": "national-securities-clearing-corporation", "type": "clause", "offset": [1221, 1261]}, {"key": "fixed-income-clearing-corporation", "type": "definition", "offset": [1266, 1299]}, {"key": "clearing-agencies", "type": "definition", "offset": [1329, 1346]}, {"key": "owned-by", "type": "definition", "offset": [1356, 1364]}, {"key": "regulated-subsidiaries", "type": "clause", "offset": [1382, 1404]}, {"key": "access-to-the", "type": "clause", "offset": [1406, 1419]}, {"key": "dtc-system", "type": "definition", "offset": [1420, 1430]}, {"key": "available-to", "type": "definition", "offset": [1439, 1451]}, {"key": "custodial-relationship", "type": "clause", "offset": [1606, 1628]}, {"key": "directly-or-indirectly", "type": "clause", "offset": [1660, 1682]}, {"key": "indirect-participants", "type": "definition", "offset": [1685, 1706]}], "snippet": "The Depository has advised the Trust and the Manager as follows: The Depository is a limited-purpose trust company organized under New York Banking Law, a \u201cbanking organization\u201d within the meaning of the New York Banking Law, a member of the U.S. Federal Reserve System, a \u201cclearing corporation\u201d within the meaning of the New York Uniform Commercial Code, and a \u201cclearing agency\u201d registered pursuant to the provisions of Section 17A of the Securities Exchange Act of 1934, as amended. The Depository holds and provides asset servicing for its participants (the \u201cDTC Participants\u201d). The Depository also facilitates the post-trade settlement among DTC Participants of sales and other securities transactions among the DTC Participants in deposited securities, through electronic computerized book-entry transfers and pledges between DTC Participants\u2019 accounts. This eliminates the need for physical movement of securities certificates. DTC Participants include both U.S. and non-U.S. securities brokers and dealers, banks, trust companies, clearing corporations, and certain other organizations. DTC is a wholly-owned subsidiary of The Depository Trust & Clearing Corporation (\u201cDTCC\u201d). DTCC is the holding company for DTC, National Securities Clearing Corporation and Fixed Income Clearing Corporation, all of which are registered clearing agencies. DTCC is owned by the users of its regulated subsidiaries. Access to the DTC system is also available to others such as both U.S. and non-U.S. securities, brokers and dealers, banks, trust companies, and clearing corporations that clear through or maintain a custodial relationship with a DTC Participant, either directly or indirectly (\u201cIndirect Participants\u201d).", "size": 2, "samples": [{"hash": "hVm0Dsq3qSO", "uri": "/contracts/hVm0Dsq3qSO#the-depository", "label": "Trust Agreement (Nuveen Diversified Commodity Fund)", "score": 26.9110202789, "published": true}, {"hash": "4VW5sBN8Y6b", "uri": "/contracts/4VW5sBN8Y6b#the-depository", "label": "Trust Agreement (Nuveen Long/Short Commodity Total Return Fund)", "score": 26.9110202789, "published": true}], "hash": "e340c7db32aba6bcb6f0f8b0cbc47c60", "id": 7}, {"snippet_links": [{"key": "at-all-times", "type": "clause", "offset": [31, 43]}, {"key": "in-all-respects", "type": "clause", "offset": [48, 63]}, {"key": "the-trustee", "type": "clause", "offset": [85, 96]}, {"key": "be-responsible", "type": "clause", "offset": [106, 120]}, {"key": "rights-and-duties-of-the", "type": "clause", "offset": [139, 163]}, {"key": "to-the-trust", "type": "clause", "offset": [190, 202]}, {"key": "deposit-account-agreement", "type": "definition", "offset": [229, 254]}, {"key": "applicable-law", "type": "clause", "offset": [259, 273]}, {"key": "trustee-shall", "type": "definition", "offset": [279, 292]}, {"key": "the-sponsor", "type": "clause", "offset": [377, 388]}, {"key": "in-writing", "type": "clause", "offset": [474, 484]}], "snippet": "The Depository will be subject at all times and in all respects to the directions of the Trustee and will be responsible solely to it. The rights and duties of the Depository with reference to the Trust will be determined by the Deposit Account Agreement and applicable law. The Trustee shall not amend or terminate the Deposit Account Agreement without the written consent of the Sponsor. The Trustee shall terminate the Deposit Account Agreement if the Sponsor directs it in writing to do so.", "size": 2, "samples": [{"hash": "twTBiFPGD6", "uri": "/contracts/twTBiFPGD6#the-depository", "label": "Depositary Trust Agreement (Euro Currency Trust)", "score": 19.0, "published": true}, {"hash": "jd3nrLaVACd", "uri": "/contracts/jd3nrLaVACd#the-depository", "label": "Depositary Trust Agreement (Euro Currency Trust)", "score": 19.0, "published": true}], "hash": "500496b4713ff0d2cca09e25df403017", "id": 8}, {"snippet_links": [{"key": "notice-to-the", "type": "clause", "offset": [31, 44]}, {"key": "replace-the", "type": "clause", "offset": [87, 98]}, {"key": "the-beneficial-owners", "type": "clause", "offset": [111, 132]}, {"key": "no-right-to", "type": "clause", "offset": [138, 149]}, {"key": "entry-system", "type": "clause", "offset": [164, 176]}, {"key": "the-bonds", "type": "definition", "offset": [197, 206]}, {"key": "provision-of", "type": "clause", "offset": [234, 246]}, {"key": "registered-owner", "type": "clause", "offset": [364, 380]}, {"key": "other-communications", "type": "clause", "offset": [465, 485]}, {"key": "by-holders", "type": "clause", "offset": [519, 529]}, {"key": "on-behalf-of", "type": "clause", "offset": [577, 589]}, {"key": "persons-entitled-to-exercise", "type": "clause", "offset": [611, 639]}, {"key": "ownership-rights", "type": "definition", "offset": [640, 656]}, {"key": "name-of-the-company", "type": "clause", "offset": [801, 820]}, {"key": "the-case", "type": "definition", "offset": [839, 847]}, {"key": "by-the-trustee", "type": "clause", "offset": [883, 897]}, {"key": "by-any-party", "type": "clause", "offset": [931, 943]}, {"key": "the-book", "type": "clause", "offset": [988, 996]}, {"key": "in-effect", "type": "definition", "offset": [1013, 1022]}, {"key": "successor-to-the", "type": "clause", "offset": [1132, 1148]}, {"key": "termination-by-the-company", "type": "clause", "offset": [1328, 1354]}, {"key": "resignation-of-the", "type": "clause", "offset": [1474, 1492]}, {"key": "at-any-time", "type": "clause", "offset": [1618, 1629]}, {"key": "with-respect-to", "type": "clause", "offset": [1673, 1688]}, {"key": "registration-of-transfer-and-exchange", "type": "clause", "offset": [1718, 1755]}, {"key": "in-accordance-with", "type": "clause", "offset": [1797, 1815]}, {"key": "the-provisions-of-section", "type": "clause", "offset": [1816, 1841]}, {"key": "article-three", "type": "definition", "offset": [1848, 1861]}, {"key": "pledged-property", "type": "definition", "offset": [1879, 1895]}], "snippet": "(a) The Company, upon 30 days' notice to the Depository and the Trustee, may remove or replace the Depository. The Beneficial Owners have no right to either a Book Entry System or a Depository for the Bonds. Notwithstanding any other provision of this Indenture or the Bonds, so long as the Bonds of any series are in a Book Entry System and the Depository is the registered owner of such Bonds:\n(i) The Depository may present notices, approvals, waivers, votes or other communications required or permitted to be made by Holders under this Indenture on a fractionalized basis on behalf of some or all of those persons entitled to exercise ownership rights in such Bonds through the Depository or its Participants.\n(ii) Such Bonds purchased by the Company or Oglethorpe shall not be registered in the name of the Company or Oglethorpe, as the case may be, on the register maintained by the Trustee and shall not be physically held by any party other than the Depository.\n(iii) So long as the Book Entry System is in effect, such Bonds or any portion thereof shall not be registered as transferred or be exchanged except:\n(A) to any successor to the Depository;\n(B) to any new Depository not objected to by the Trustee, upon (1) the resignation of then current Depository or its successor from its functions as Depository or (2) termination by the Company of the use of the Depository; or\n(C) to any Persons who are the assigns of the Depository or its nominee, upon (1) the resignation of the Depository from its functions as Depository hereunder or (2) termination by the company of the use of the Depository.\n(b) If at any time a Book Entry System is no longer in effect with respect to the Bonds of any series, the registration of transfer and exchange of such Bonds shall be made and effected in accordance with the provisions of Section 2.05. ARTICLE THREE PROVISIONS AS TO PLEDGED PROPERTY", "size": 1, "samples": [{"hash": "b45DUA8fctH", "uri": "/contracts/b45DUA8fctH#the-depository", "label": "Collateral Trust Indenture (Oglethorpe Power Corp)", "score": 18.0, "published": true}], "hash": "56f7a83c49a7bab03459667fbe4646d3", "id": 9}, {"snippet_links": [{"key": "the-company", "type": "clause", "offset": [0, 11]}, {"key": "jointly-and-severally", "type": "clause", "offset": [25, 46]}, {"key": "agree-to", "type": "clause", "offset": [47, 55]}, {"key": "cooperate-with", "type": "clause", "offset": [56, 70]}, {"key": "initial-purchasers", "type": "definition", "offset": [75, 93]}, {"key": "the-securities", "type": "definition", "offset": [111, 125]}, {"key": "to-be-eligible-for", "type": "clause", "offset": [126, 144]}, {"key": "clearance-and-settlement", "type": "clause", "offset": [145, 169]}, {"key": "the-facilities", "type": "clause", "offset": [178, 192]}], "snippet": "The Company and Holdings jointly and severally agree to cooperate with the Initial Purchasers in arranging for the Securities to be eligible for clearance and settlement through the facilities of the Depository.", "size": 1, "samples": [{"hash": "conYcdmG1cS", "uri": "/contracts/conYcdmG1cS#the-depository", "label": "Purchase Agreement (McP-MSC Acquisition, Inc.)", "score": 17.0, "published": true}], "hash": "2b775fa0cca57bd60b934944d045b230", "id": 10}], "next_curs": "ClcSUWoVc35sYXdpbnNpZGVyY29udHJhY3RzcjMLEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2Ihd0aGUtZGVwb3NpdG9yeSMwMDAwMDAwYQyiAQJlbhgAIAA=", "clause": {"title": "The Depository", "children": [["", ""], ["holding-of-pledged-securities", "Holding of Pledged Securities"]], "parents": [["the-trustee", "The Trustee"], ["book-entry-only-system", "Book Entry Only System"], ["registration-form-registration-of-transfer-and-exchange", "Registration Form, Registration of Transfer and Exchange"], ["global-certificate-only", "Global Certificate Only"], ["unit-certificates", "Unit Certificates"]], "size": 98, "id": "the-depository", "related": [["the-depositary", "The Depositary", "The Depositary"], ["qualified-depository", "Qualified Depository", "Qualified Depository"], ["depository", "Depository", "Depository"], ["securities-depository", "Securities Depository", "Securities Depository"], ["subcustodians-and-securities-depositories", "Subcustodians and Securities Depositories", "Subcustodians and Securities Depositories"]], "related_snippets": [], "updated": "2026-01-18T05:23:53+00:00", "also_ask": ["What are the essential rights and obligations that must be defined for the Depository?", "How can the Depository clause be leveraged to allocate risk or gain negotiation advantage?", "What are the most common legal pitfalls or ambiguities in Depository clauses?", "How do Depository provisions differ across key jurisdictions or under different governing laws?", "What factors most influence a court\u2019s willingness to enforce or interpret Depository obligations?"], "drafting_tip": "Specify the depository's identity and location to prevent confusion; define its duties to clarify responsibilities; outline access rights to ensure proper control.", "explanation": "The Depository clause designates a specific entity or institution responsible for holding and safeguarding certain assets, documents, or funds on behalf of the parties involved in an agreement. Typically, this clause outlines the depository's duties, such as receiving, storing, and releasing items only under agreed conditions, and may specify the types of assets covered, such as securities, legal documents, or escrowed funds. Its core practical function is to provide a neutral and secure third party to manage valuable items, thereby reducing risk and ensuring that obligations are met before assets are transferred or released."}, "json": true, "cursor": ""}}