Company: DEFI
Filing Date: 2025-02-21
Form Type: POS AM
Source: 0001839882-25-010345
Chunk: 28

Company: Tidal Commodities Trust I
Filing Date: 2025-02-21
Form: POS AM
Chunk 28
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ates such Trust expenses to the Fund and each other series of the Trust in existence at the occurrence            
 of any such expense according to the relative net asset values of the Fund and each other series of the Trust. Unusual or               
 extraordinary expenses paid by Sponsor are not subject to any caps or limits. The Trust may be required to indemnify the Sponsor,       
 and the Trust and/or the Sponsor may be required to indemnify the Trustee, Marketing Agent or Administrator, under certain              
 unusual or extraordinary circumstances. The Trust is obligated to indemnify the Bitcoin Custodian pursuant to the Bitgo Custodial       
 Service Agreement, the Cash Custodian pursuant to its agreement with the Cash Custodian, and Global Fund Services pursuant              
 to the Sub-Administration Agreement, the Transfer Agent Servicing Agreement and the Fund Accounting Agreement. Any such indemnification 
 paid by the Trust and/or Sponsor generally would cover losses incurred by an indemnified party for (1) expenses incurred by             
 a party when rendering services to the Trust or the Sponsor, (2) expenses arising from a breach of obligations or non-compliance        
 with laws, or (3) expenses arising out of the formation, operation or termination of the Trust. Unless such expenses are specifically   
 attributable the Fund or arise out of the Fund’s operations, any such expenses will be allocated by the Sponsor using                   
 a pro rata methodology that allocates certain Trust expenses to the Fund and each other series of the Trust in existence at             
 the occurrence of any such expense according to the relative net asset values of the Fund and each other series of the Trust.           
 For further discussion of the situations in which the Trust, the Fund, or the Sponsor may be responsible for indemnification            
 expenses see - “The Fund’s Service Providers - Contractual Arrangements with the Sponsor and Third-Party Service                        
 Providers.”                                                                                                                             |
| Termination Events | The Trust and the                                                                                                                       
 Fund shall continue in existence from the date of their formation in perpetuity, unless the Trust or the Fund, as the case              
 may be, is sooner terminated upon the occurrence of certain events specified in the Trust Agreement, including the following:           
 (1) the filing of a certificate of dissolution or cancellation of the Sponsor or revocation of the Sponsor’s charter                    
 or the withdrawal of the Sponsor, unless Shareholders holding a majority of the outstanding Shares of the Trust, voting together        
 as a single class, elect within ninety (90) days after such event to continue the business of the Trust and appoint a successor         
 Sponsor; (