Merk definition
Examples of Merk in a sentence
This Certificate is issued upon the terms and conditions set forth in the Depositary Trust Agreement dated as of __________, 2014 (the “Agreement”) between Merk Investments LLC (herein called the “Sponsor”), and the Trustee.
No. * Shares CUSIP: _______________ THE BANK OF NEW YORK MELLON, as Trustee (hereinafter called the “Trustee”), hereby certifies that CEDE & CO., as nominee of The Depository Trust Company, or registered assigns, is the owner of * Shares issued by Merk Gold Trust, each representing a fractional undivided interest in the net assets of the Trust, as provided in the Agreement referred to below.
If the Adviser ceases to act as investment adviser to the Trust or any Fund whose name includes the term "Merk" (the "▇▇▇▇") or if the Adviser requests in writing, the Trust shall take prompt action to change the name of the Trust or any such Fund to a name that does not include the ▇▇▇▇.
Merk shall have such 90 days in which to cure such breach, if capable of cure.
In connection with V▇▇ ▇▇▇’▇ marketing role with respect to the Trust, V▇▇ ▇▇▇ will receive a fee (“Fee”) calculated in the manner set forth below, subject to the Fee Cap (as defined in Section 3.3); provided, that V▇▇ ▇▇▇ shall not be entitled to any Fee unless the average daily net assets of the Trust during a calendar quarter (“Quarterly Net Assets”) not attributable to Shares held by Merk or its affiliates (“Third Party Assets”) exceeds $100 million.
If V▇▇ ▇▇▇’▇ right pursuant to this Section 4.2 initially matures pursuant to subclause (i), V▇▇ ▇▇▇ shall have sixty (60) days after receipt of a copy of the letter of intent, term sheet or agreement from Merk to provide written notice of its election; if Merk does not receive such written notice within such period, Merk shall be entitled to proceed with the proposed third-party transaction and V▇▇ ▇▇▇’▇ right of first refusal pursuant to subclause (i) of this Section 4.2 shall terminate.
Merk ----------------------------------- ------------------- Name: Jeremy O.
Merk ook op dat indien het antwoord juist is van het eerste team de beurt gaat naar de eerstvolgende groep waarbij er wordt gewerkt in wijzerzin.
See Merk, 945 F.2d at 894; see also ▇▇▇▇▇, 25 F.3d at 1143 (affirming an award for $5.3 million against a union and employer who reached a secret agreement that resulted in a change to the employees’ seniority rights under the CBA without taking “steps to obtain a proper modification” as required by union bylaws).
This Agreement shall remain in effect so long as Merk Investments, LLC remains the Adviser.