Common use of Obligations of the Sponsor Clause in Contracts

Obligations of the Sponsor. Any fiduciary duties that would otherwise be imposed on the Sponsor under the Delaware Trust Statute, at law or in equity are hereby eliminated and replaced entirely by the terms of this Trust Agreement. The Sponsor shall:

Appears in 2 contracts

Samples: Trust Agreement (Ark 21Shares Bitcoin ETF), Trust Agreement (Ark 21Shares Bitcoin ETF)

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Obligations of the Sponsor. Any To the fullest extent permitted by law, any fiduciary duties that would otherwise be imposed on the Sponsor under the Delaware Trust Statute, at law or in equity are hereby eliminated and replaced entirely by the terms of this Trust Agreement. The Sponsor shall:

Appears in 2 contracts

Samples: Trust Agreement (WisdomTree Bitcoin Fund), Trust Agreement (WisdomTree Bitcoin Fund)

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