Basket Amount definition

Basket Amount has the meaning set forth in Section 10.5(b).

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Basket Amount shall have the meaning set forth in Section 8.4(a).

Basket Amount has the meaning set forth in Section 7.2(a).

Examples of Basket Amount in a sentence

With respect to such Cash Orders, upon receipt of the Shares comprising the Baskets to be redeemed, the Sponsor shall instruct the Custodian to withdraw Fund Components from the Digital Asset Accounts in such quantities as may be necessary to permit payment of the Total Basket Amount and may cause the Fund (or its delegate) to convert such Fund Components into U.S. Dollars.
No Fort Indemnified Party shall be entitled to indemnification in respect of any breach of a representation or warranty of Logia USA or the Founder unless and until all such breaches result in total Losses in an amount of at least USD $50,000 (the “Sellers Basket Amount”), in which case the Fort Indemnified Parties shall be entitled to the entire amount of Losses including the Sellers Basket Amount.
No Founder Indemnified Party shall be entitled to indemnification in respect of any breach of a representation or warranty of Fort unless and until all such breaches result in total Losses in an amount of at least USD $25,000 (the “Purchaser Basket Amount”), in which case the Founder Indemnified Parties shall be entitled to the entire amount of Losses including the Purchaser Basket Amount.
The Sponsor or its delegate shall also instruct the Custodian to deposit into the Authorized Participant Self-Administered Accounts or the relevant Liquidity Provider Accounts, as applicable, an amount of digital assets equal to the Total Basket Amount.

More Definitions of Basket Amount

Basket Amount has the meaning specified in Section 12.4(b).

Basket Amount is defined in Section 9.5(b).

Basket Amount shall have the meaning set forth in Part VI of Appendix B.

Basket Amount shall have the meaning set forth in Section 10.4.1 hereto.

Basket Amount means the specific basket amount term defined in Section 1.1 of the relevant Trust Agreement (e.g., the “Basket Silver Amount” in the case of the abrdn Silver ETF Trust; the “Basket Gold Amount” in the case of the abrdn Gold ETF Trust; the “Basket Platinum Amount” in the case of the abrdn Platinum ETF Trust; the “Basket Palladium Amount” in the case of the abrdn Palladium ETF Trust; and the “Basket Bullion Amount” in the case of the abrdn Precious Metals Basket ETF Trust).

Basket Amount has the meaning set forth in Section 9.3(a)(i).

Basket Amount has the meaning set forth in Section 9.1(a) of this Agreement.