Prime Execution Agent definition

Prime Execution Agent means Coinbase Inc. or any other Person or Persons from time to time engaged to provide prime brokerage, trade execution or similar services pursuant to a written agreement with the Trust or Sponsor on behalf of the Trust.
Sample 1Sample 2
Prime Execution Agent means Coinbase, Inc., an affiliate of the Bitcoin Custodian.
Sample 1Sample 2

Examples of Prime Execution Agent in a sentence

  • The Trust's bitcoin holdings and cash holdings from time to time may be held with the Prime Execution Agent in the Trading Account in connection with in-kind creations and redemptions of Baskets or in connection with cash creations and redemptions of Baskets where the Trust will transact in bitcoin with the Bitcoin Trading Counterparties, and the sale of bitcoin to pay the Sponsor's Fee and Trust expenses not assumed by the Sponsor.

  • Please also disclose whether the intention is to generally fund the Trading Balance at the Prime Execution Agent with sufficient cash or bitcoin or whether it regularly expects to utilize the Trade Financing Agreement.

  • The Sponsor has agreed to assume and pay the normal operating expenses of the Trust, which include the Trustee’s monthly fee and out-of-pocket expenses, the fees of the Trust’s regular service providers (Cash Custodian, Bitcoin Custodian, Prime Execution Agent, Marketing Agent, Transfer Agent and Administrator), Exchange listing fees, tax reporting fees, SEC registration fees, printing and mailing costs, audit fees and up to $500,000 per annum in ordinary legal fees and expenses.

  • The Prime Execution Agent and the Trade Credit Lender The Trade Credit Lender, page 85 17.

  • Please revise to disclose: Whether the Trust's intention is to generally fund the Trading Balance at the Prime Execution Agent with sufficient cash or bitcoin or whether the Trust regularly expects to utilize the Trade Financing Agreement; and In the case of interest payable on the Trade Credits that are the responsibility of the Trust, the impact such interest payments will have on the net assets of the Trust over time.

  • The Sponsor has agreed to assume and pay the normal operating expenses of the Trust, which include the Trustee’s monthly fee and out-of-pocket expenses, the fees of the Trust’s regular service providers (Cash Custodian, Bitcoin Custodian, Prime Execution Agent, Marketing Agent, Transfer Agent and Administrator), Exchange listing fees, tax reporting fees, SEC registration fees, printing and mailing costs, audit fees and ordinary legal expenses.

Related to Prime Execution Agent

  • Co-Documentation Agent as defined in the preamble hereto.

  • Co-Documentation Agents as defined in the preamble hereto.

  • Information Agent The meaning specified in Section 14.16.

  • Syndication Agent as defined in the preamble hereto.

  • Documentation Agents as defined in the preamble hereto.

  • Marketing Agent means MACRO Financial, LLC, in its capacity as marketing agent hereunder, and its successors and assigns.

  • Documentation Agent as defined in the preamble hereto.

  • Syndication Agents as defined in the preamble hereto.

  • Co-Syndication Agent means each of Bank of America, N.A. and Xxxxx Fargo Bank, National Association in its capacity as co-syndication agent for the credit facility evidenced by this Agreement.

  • Co-Syndication Agents as defined in the preamble hereto.

  • Dissemination Agent means the Trustee, acting in its capacity as Dissemination Agent, or any successor Dissemination Agent designated in writing by the City and which has filed with the Trustee a written acceptance of such designation.

  • Lead Arranger as defined in the preamble hereto.

  • Joint Lead Arranger as defined in the preamble hereto.

  • Market Agent Agreement With respect to any Series, the agreement, if any, dated as of the Closing Date, between the Trustee and the Market Agent, the form of which will be attached to the related Supplement, and any similar agreement with a successor Market Agent, in each case as from time to time amended or supplemented. "Merrill Lynch & Co.": Merrill Lynch & Co., a Delaware corporation.

  • Construction Agent means the Lessee, as construction agent under the Construction Agency Agreement.

  • Co-Lead Arrangers means X.X. Xxxxxx Securities Inc. and RBSGC.

  • Auction Agent Agreement means the Initial Auction Agent Agreement unless and until a Substitute Auction Agent Agreement is entered into, after which "Auction Agent Agreement" shall mean such Substitute Auction Agent Agreement.

  • Joint Lead Arrangers shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Calculation Agent Agreement means the Calculation Agent Agreement dated as of May 18, 2018 between the Company and the Calculation Agent, as amended from time to time.

  • Arranger means Banc of America Securities LLC, in its capacity as sole lead arranger and sole book manager.

  • Arrangers as defined in the preamble hereto.

  • Lead Arrangers means Xxxxxxx Xxxxx Bank USA, Barclays Bank PLC, Credit Suisse Securities (USA) LLC, Deutsche Bank Securities Inc., KKR Capital Markets LLC, Citigroup Global Markets Inc. and UBS Securities LLC.

  • Structuring Agent means PNC Capital Markets LLC, a Pennsylvania limited liability company.

  • Authentication Agent means a Person designated by the Trustee to authenticate Notes on behalf of the Trustee.

  • Collection Agent means at any time the Person then authorized pursuant to Section 6.01 to service, administer and collect Transferred Receivables.