Creation and Declaration of Trust; Business of the Trust Sample Clauses

Creation and Declaration of Trust; Business of the Trust. (a) The Administrative Trustee acknowledges that it has received from the Investing Pool the initial Investing Pool Interests in exchange for CERFs and Short-Term Securities or cash that were Delivered to the Administrative Trustee by the Initial Purchaser (such Delivery, the “Initial Delivery”) and contributed by the Administrative Trustee to the Investing Pool. The Administrative Trustee declares that it will hold all Trust Property, as Administrative Trustee, for the benefit of the Registered Owners for the purposes of, and subject to the terms and conditions set forth in, this Agreement. The Administrative Trustee and the Delaware Trustee are hereby authorized and directed to file the Certificate of Trust with the Delaware Secretary of State.
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Creation and Declaration of Trust; Business of the Trust. (a) The Trustee acknowledges that it has received an initial deposit of Silver under and in accordance with this Agreement from Barclays Capital Inc. The Trustee declares that it will hold that initial deposit and all other Trust Property as trustee for the benefit of the Registered Owners for the purposes of, and subject to and limited by the terms and conditions set forth in, this Agreement. The trust created by this Agreement shall be known as the “iShares Silver Trust”.
Creation and Declaration of Trust; Business of the Trust. (a) The Trustee acknowledges that it has received confirmation from the Custodian that the Custodian has received an initial deposit of gold from [_______________], the initial purchaser of the first Basket of Shares, and has credited such deposit to the Trust Allocated Account and Trust Unallocated Account, with the Trust Unallocated Account holding no more than 430 Fine Ounces. The Trustee declares that the initial deposit and all other Trust Property shall be owned by the Trust and the Trustee as trustee thereof for the benefit of the Beneficial Owners for the purposes of, and subject to and limited by the terms and conditions set forth in, this Agreement. The trust created by this Agreement shall be known as the “Merk Gold Trust.” The Trustee hereby confirms that, in exchange for the initial deposit of gold, the Trustee has issued a global Certificate to DTC and that, upon the initial registration statement for the sale of the Shares being declared effective, the Trustee will direct DTC to credit the initial depositor of gold with the number of Baskets represented by such initial deposit of gold.
Creation and Declaration of Trust; Business of the Trust. (a) The Trustee acknowledges that it received an initial deposit of Gold under and in accordance with the Original Depositary Trust Agreement from Barclays Capital Inc. The Trustee declares that it holds and will hold all Trust Property as trustee for the benefit of the Registered Owners for the purposes of, and subject to and limited by the terms and conditions set forth in, this Agreement. The trust governed by this Agreement was previously known as the “iShares® COMEX® Gold Trust” and is now known as the “iShares® Gold Trust”.
Creation and Declaration of Trust; Business of the Trust. (a) The Trustee acknowledges that it has received confirmation from the Custodian that the Custodian has received an initial deposit of Bullion from [•], the initial purchaser of the first Basket of Shares, and has credited such deposit to the Trust Allocated Account and Trust Unallocated Account. The Trustee declares that the initial deposit and all other Trust Property shall be owned by the Trust and the Trustee as trustee thereof for the benefit of the Registered Owners for the purposes of, and subject to and limited by the terms and conditions set forth in, this Agreement. The trust created by this Agreement shall be known as the “ETFS White Metals Basket Trust”.
Creation and Declaration of Trust; Business of the Trust. (a) The Administrative Trustee declares that it holds and will hold all Trust Property, as Administrative Trustee, for the benefit of the Registered Owners for the purposes of, and subject to the terms and conditions set forth in, this Agreement. The trust governed by this Agreement shall be known as "iShares® S&P GSCI™ Commodity-Indexed Trust." The Administrative Trustee and the Delaware Trustee filed or caused to be filed the original Certificate of Trust on July 7, 2006 and filed a restated Certificate of Trust on May 9, 2007, and are hereby authorized and directed to file any amendment thereto or restatement thereof as may be necessary or appropriate from time to time.
Creation and Declaration of Trust; Business of the Trust. (a) The Trustee acknowledges that it received confirmation from the Custodian that the Initial Custodian received an initial deposit of Gold in accordance with the Original Depositary Trust Agreement from BlackRock Financial Management, Inc. The Trustee declares that it holds and will hold all Trust Property as trustee for the benefit of the Registered Owners for the purposes of, and subject to and limited by the terms and conditions set forth in, this Agreement. The trust governed by this Agreement shall be known as the “iShares® Gold Trust Micro”.
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Creation and Declaration of Trust; Business of the Trust. (a) The Trustee acknowledges that on the date hereof it has, on behalf of the Trust, received from the Sponsor $5,000 as consideration for the delivery to the Sponsor of the Sponsor’s Share (such delivery, the “Initial Delivery”). The Trustee declares that it holds and will hold all Trust Property, as Trustee, for the benefit of the Registered Owners for the purposes of, and subject to the terms and conditions set forth in, this Agreement. The trust governed by this Agreement shall be known as “iShares® Diversified Alternatives Trust.” The Trustee and the Delaware Trustee are hereby authorized and directed to file the Certificate of Trust (and any amendment thereto or restatement thereof) with the Delaware Secretary of State.
Creation and Declaration of Trust; Business of the Trust. (a) The Trustee acknowledges that it has received confirmation from the Depository of an initial deposit of 500 Chinese Renminbi under and in accordance with this Agreement has been made in the Interest Account by the Sponsor on the date hereof in exchange for one Share. The Sponsor is purchasing the initial Share solely for the purpose of forming the Trust. The Sponsor will redeem the initial Share for 500 Chinese Renminbi as promptly as practicable after the Form S-1 registration statement filed with the Commission with respect to the Shares is declared effective by the Commission and the Initial Purchaser, as defined in the registration statement, deposits Chinese Renminbi in accordance with the registration statement.
Creation and Declaration of Trust; Business of the Trust. (a) The Trustee declares that it holds and will hold all Trust Property, as Trustee, for the benefit of the Registered Owners for the purposes of, and subject to the terms and conditions set forth in, this Agreement. The trust governed by this Agreement shall be known as “iShares® Dow Xxxxx-UBS Roll Select Commodity Index Trust.” The Trustee and the Delaware Trustee filed or caused to be filed the Certificate of Trust (and are hereby authorized and directed to file any amendment thereto or restatement thereof as may be necessary or appropriate from time to time) with the Delaware Secretary of State on December 7, 2011.
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