63 unchanged sentences
In addition, the Trust may, in its discretion, suspend the creation of Baskets for any reason and at any time.
−Removed: If the process for creating or redeeming Shares is impaired for any reason, Authorized Participants and
−Removed: their clients or customers may not be able to purchase and redeem Baskets.
+Added: If the process for creating or redeeming Shares is impaired for any reason, Authorized Participants and their clients or customers may not be able to purchase and redeem Baskets.
The inability to purchase and redeem Baskets could result in the Shares trading at a premium or discount to the NAV of the Trust.
79 unchanged sentences
The License Agreement provides that either party may provide notice of intent to terminate the License Agreement in the event the other party commits a material breach.
−Removed: If the License Agreement is terminated and one or
−Removed: more of The Bank of New York Mellon’s patent applications issue as patents, then The Bank of New York Mellon may claim that the operation of the Trust violates its patent or patents and seek an injunction forcing the Trust to cease operation and the Shares to cease trading.
+Added: If the License Agreement is terminated and one or more of The Bank of New York Mellon’s patent applications issue as patents, then The Bank of New York Mellon may claim that the operation of the Trust violates its patent or patents and seek an injunction forcing the Trust to cease operation and the Shares to cease trading.
In that case, the Trust might be forced to terminate and liquidate, which would adversely affect Shareholders.
31 unchanged sentences
Cyber attacks may also be carried out in a manner that does not require gaining unauthorized access, such as causing denial-of-service attacks on websites.
−Removed: Cyber security failures or breaches of the Trust’s third party service providers (including, but not limited
−Removed: to, the Trustee and the Sponsor) have the ability to cause disruptions and impact business operations, potentially resulting in financial losses, the inability of Shareholders or Authorized Participants to transact business in Shares and Baskets respectively, violations of applicable privacy and other laws, regulatory fines, penalties, reputational damage, reimbursement or other compensation costs, and/or additional compliance costs.
+Added: Cyber security failures or breaches of the Trust’s third party service providers (including, but not limited to, the Trustee and the Sponsor) have the ability to cause disruptions and impact business operations, potentially resulting in financial losses, the inability of Shareholders or Authorized Participants to transact business in Shares and Baskets respectively, violations of applicable privacy and other laws, regulatory fines, penalties, reputational damage, reimbursement or other compensation costs, and/or additional compliance costs.
In addition, substantial costs may be incurred in order to prevent any cyber incidents in the future.
6 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.