Common use of Cash Amount and Cash Component Clause in Contracts

Cash Amount and Cash Component. In situations where a Cash Amount and/or a Cash Component will be applied to a Creation Order, the Participant hereby agrees it will transfer funds for each creation of Shares in an amount equal to the Cash Amount and/or Cash Component, as applicable. Computation of this amount shall exclude any stamp duty and other similar fees and expenses payable upon the transfer of beneficial ownership of the Deposit Securities, which shall be the sole responsibility of the Participant and not of the Trust or the Distributor. The Participant hereby agrees to deliver the Cash Amount and/or Cash Component to the Trust on or before the Contractual Settlement Date or such earlier time as may be designated by the Trust.

Cash Amount and Cash Component. In situations where a Cash Amount and/or a Cash Component will be applied to a Creation Purchase Order, the Participant hereby agrees it will transfer funds for each creation purchase of Shares in an amount equal to the Cash Amount and/or Cash Component, as applicable. Computation of this amount shall exclude any stamp duty and other similar fees and expenses payable upon the transfer of beneficial ownership of the Deposit SecuritiesInstruments, which shall be the sole responsibility of the Participant and not of the Trust Company or the Distributor. The Participant hereby agrees to deliver the Cash Amount and/or Cash Component to the Trust Company on or before the Contractual Settlement Date or such earlier time as may be designated by the TrustCompany consistent with the terms of the Prospectus.

Cash Amount and Cash Component. In situations where a Cash Amount and/or a Cash Component will be applied to a Creation Purchase Order, the Participant hereby agrees it will transfer funds for each creation purchase of Shares in an amount equal to the Cash Amount and/or Cash Component, as applicable. Computation of this amount shall exclude any stamp duty and other similar fees and expenses payable upon the transfer of beneficial ownership of the Deposit Securities, which shall be the sole responsibility of the Participant and not of the Trust or the Distributor. The Participant hereby agrees to deliver the Cash Amount and/or Cash Component to the Trust on or before the Contractual Settlement Date or such earlier time as may be designated by the Trust.