Compensation of the Sponsor. (a) The Sponsor is entitled to receive from the Trust, as an expense of the Trust, the Sponsor’s Fee. The Sponsor’s Fee shall be accrued daily but paid monthly in arrears.
Appears in 17 contracts
Samples: Depositary Trust Agreement, Depositary Trust Agreement (Currencyshares Chinese Renminbi Trust), Trust Agreement (Currencyshares Chinese Renminbi Trust)
Compensation of the Sponsor. (a) The Sponsor is entitled to receive from the Trust, as an expense of the Trust, the Sponsor’s 's Fee. The Sponsor’s 's Fee shall be accrued daily but paid monthly in arrears.
Appears in 9 contracts
Samples: Trust Agreement (Currencyshares Swedish Krona Trust), Trust Agreement (Currencyshares Australian Dollar Trust), Trust Agreement (Currencyshares Canadian Dollar Trust)
Compensation of the Sponsor. (a) The Sponsor is entitled to receive from the Trust, as an expense of the Trust, the Sponsor’s Fee. The Sponsor’s Fee shall a fee for services that will accrue daily at an annualized rate of 0.40% of Adjusted Net Asset Value and will be accrued daily but paid payable monthly in arrears.
Appears in 2 contracts
Samples: Depositary Trust Agreement (Euro Currency Trust), Trust Agreement (Euro Currency Trust)
Compensation of the Sponsor. (a) a. The Sponsor is entitled to receive from the Trust, as an expense of the Trust, the Sponsor’s Fee. The Sponsor’s Fee shall be accrued daily but paid monthly agreed to from time to time in arrearswriting by the Sponsor and the Trust.
Appears in 1 contract
Samples: Trust Agreement
