Creation Basket definition

Creation Basket means the minimum number of Limited Units of a Fund that may be created at any one time, which shall be 200,000 or such greater or lesser number as the Managing Owner may determine from time to time for each Fund.
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Creation Basket means 100,000 Units, or such other number of Units as may be determined by the General Partner from time to time, purchased by a Participant.
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Creation Basket means a Basket issued by the Trust in exchange for the deposit of the Basket Deposit.
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Examples of Creation Basket in a sentence

  • The Sponsor or its delegates from time to time may, but shall have no obligation to, establish procedures with respect to subscription of Shares in lot sizes smaller than the Creation Basket and permitting the creation distribution to be delivered in a manner other than that specified in Section 3.1.

  • By placing a cash Purchase Order, an Authorized Participant agrees to deposit the Creation Basket Deposit.

  • On each day that the Exchange is open for regular trading, the Administrator adjusts the quantity of Digital Assets and/or cash constituting the Creation Basket Deposit as appropriate to reflect accrued expenses and any loss of Digital Asset that may occur.

  • None of the Sponsor, the Order Examiner or BNY Mellon shall be liable to any person by reason of the rejection of any Purchase Order or Creation Basket Deposit.

  • The Order Examiner is under no duty, however, to give notification of any specific defects or irregularities in the delivery of the Creation Basket Deposit nor shall the Order Examiner or the applicable Trust incur any liability for the failure to give any such notification.


More Definitions of Creation Basket

Creation Basket means a block of 10,000 Shares or such other amount as established from time to time by the Sponsor. Multiple blocks are called “Creation Baskets.”
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Creation Basket means a Basket issued by the Trust upon the deposit of the Basket Amount with the Custodian.
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Creation Basket means the minimum number of Limited Shares that may be created at any one time, which shall be 200,000 or such greater or lesser number as the Managing Owner may determine from time-to-time.
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Creation Basket means a basket of 25,000 Units of a Fund, or such greater or lesser number of Units as the Sponsor may determine from time to time for each Fund.
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Creation Basket means a basket of 100,000 Limited Shares of a Fund, or such greater or lesser number of Limited Shares as the Sponsor may determine from time to time for each Fund.
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Creation Basket or “Basket” shall mean a block of Shares in such amount as established from time to time by the Sponsor. Multiple blocks are called “Creation Baskets” or “Baskets.”
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Creation Basket means the Deposit Securities and Balancing Amount required to purchase a creation unit of a Fund on a Creation Date.
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