Common use of Equality Clause in Contracts

Equality. All Shares shall represent an equal proportionate beneficial interest in the Trust Estate subject to the liabilities of the Trust, and each Share’s interest in the Trust Estate shall be equal to each other Share.

Appears in 30 contracts

Sources: Trust Agreement (21Shares XRP ETF), Trust Agreement (21Shares Solana ETF), Trust Agreement (Hashdex Nasdaq Crypto Index US ETF)

Equality. All the Shares shall represent an equal proportionate beneficial undivided interest in the assets of the Trust Estate (subject to the liabilities of the Trust), and each Share’s interest in the Trust Estate Share shall be equal to each other Share.

Appears in 7 contracts

Sources: Declaration of Trust and Trust Agreement (VanEck Solana ETF), Declaration of Trust and Trust Agreement (VanEck Solana ETF), Trust Agreement (VanEck Ethereum ETF)