Trust Liability. In accordance with Section 2.6 of the Trust Agreement, the Authorized Participant agrees and consent to look solely to the assets of the Trust in controversy for payment in respect of any claim against or obligation of the Trust. The Trust’s assets include only those funds and other assets that are paid, held or distributed to the Trust on account of and for the benefit of the Trust, including, without limitation, funds delivered to the Trust for the purchase of Shares.
Appears in 7 contracts
Sources: Authorized Participant Agreement (Canary HBAR ETF), Authorized Participant Agreement (Canary SUI ETF), Authorized Participant Agreement (Canary XRP ETF)
Trust Liability. In accordance with Section 2.6 [__] of the Trust Agreement, the Authorized Participant agrees and consent to look solely to the assets of the Trust in controversy for payment in respect of any claim against or obligation of the Trust. The Trust’s assets include only those funds and other assets that are paid, held or distributed to the Trust on account of and for the benefit of the Trust, including, without limitation, funds delivered to the Trust for the purchase of Shares.
Appears in 1 contract
Sources: Authorized Participant Agreement (Valkyrie Bitcoin Fund)
Trust Liability. In accordance with Section 2.6 4.5 of the Trust Agreement, the Authorized Participant agrees and consent to look solely to the assets of the Trust in controversy for payment in respect of any claim against or obligation of the Trust. The Trust’s assets include only those funds and other assets that are paid, held or distributed to the Trust on account of and for the benefit of the Trust, including, without limitation, funds or assets delivered to the Trust for the purchase of SharesShares in the Trust.
Appears in 1 contract
Sources: Authorized Participant Agreement (Osprey Bitcoin Trust)