Common use of Transfer of Units Clause in Contracts

Transfer of Units. Beneficial Owners that are not DTC Participants may transfer Units by instructing the DTC Participant or Indirect Participant holding the Units for such Beneficial Owner in accordance with standard securities industry practice. Beneficial Owners that are DTC Participants may transfer Units by instructing the Depository in accordance with the rules of the Depository and standard securities industry practice.

Appears in 27 contracts

Samples: United States Oil Fund, LP, United States Natural Gas Fund, LP, United States 12 Month Oil Fund, LP

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