Common use of Cash Component and Fees Clause in Contracts

Cash Component and Fees. (a) For Funds that Invest in Securities traded on U.S. Exchanges (“Domestic Funds”): The Authorized Participant hereby agrees that in connection with a Purchase Order for any Domestic Fund, it will make available in same day funds for each purchase of Shares an amount of cash sufficient to pay the Cash Component and any other amounts of cash due to the Trust in connection with the purchase of any Creation Unit of Shares (including the purchase Transaction Fee for in-kind and cash purchases and the additional variable charge for cash purchases (when, in the sole discretion of the Trust, cash purchases are available or specified as described in the Prospectus)) (the “Cash Amount”) which shall be made through DTC to an account maintained by the Custodian and shall be provided in same day or immediately available funds on or before the settlement date in accordance with the Trust’s Prospectus (“Contractual Settlement Date”). The Authorized Participant hereby agrees to ensure that the Cash Amount will be received by the Trust on or before the Contractual Settlement Date, and in the event payment of such Cash Amount has not been made by such Contractual Settlement Date, the Authorized Participant agrees, in connection with a Purchase Order, to pay the full cash amount, plus interest, computed at such reasonable rate as may be specified by the Trust from time to time. The Trust reserves the right to revoke acceptance of any Purchase Order in the event payment of the Cash Amount has not been made by such Contractual Settlement Date. (b) For Funds that Invest in Securities traded on Non-U.S. Exchanges (“International Funds”): The Authorized Participant hereby agrees that in connection with a Purchase Order for any International Fund, it will make available in same day funds for each purchase of Shares the Cash Amount as described in Section 7(a) above which shall be made via Fed Funds Wire to an account maintained by the Custodian and shall be provided in same day or immediately available funds at least one business day before the Contractual Settlement Date, unless otherwise agreed to by the parties. The Authorized Participant hereby agrees to ensure that the Cash Amount will be received by the Trust on or before the Contractual Settlement Date, and in the event payment of such Cash Amount has not been made by such Contractual Settlement Date, the Authorized Participant agrees, in connection with a Purchase Order, to pay the full Cash Amount, plus interest, computed at such reasonable rate as may be specified by the Trust from time to time. The Trust reserves the right to revoke acceptance of any Purchase Order in the event payment of the Cash Amount has not been made by such Contractual Settlement Date.

Cash Component and Fees. (a) For Funds that Invest in Securities traded on U.S. Exchanges (“Domestic Funds”): The Authorized Participant hereby agrees that in connection with a Purchase Order for any Domestic Fund, it will make available in same day funds for each purchase of Shares an amount of cash sufficient to pay the Cash Component and any other amounts of cash due to the each Trust in connection with the purchase of any Creation Unit of Shares (including the purchase Transaction Fee for in-kind and cash purchases and the additional variable charge for cash purchases (when, in the sole discretion of the each Trust, cash purchases are available or specified as described in the Prospectus)) (the “Cash Amount”) which shall be made through DTC to an account maintained by the Custodian and shall be provided in same day or immediately available funds on or before the settlement date in accordance with the each Trust’s Prospectus (“Contractual Settlement Date”). The Authorized Participant hereby agrees to ensure that the Cash Amount will be received by the each Trust on or before the Contractual Settlement Date, and in the event payment of such Cash Amount has not been made by such Contractual Settlement Date, the Authorized Participant agrees, in connection with a Purchase Order, to pay the full cash amount, plus interest, computed at such reasonable rate as may be specified by the each Trust from time to time. The Each Trust reserves the right to revoke acceptance of any Purchase Order in the event payment of the Cash Amount has not been made by such Contractual Settlement Date. (b) For Funds that Invest in Securities traded on Non-U.S. Exchanges (“International Funds”): The Authorized Participant hereby agrees that in connection with a Purchase Order for any International Fund, it will make available in same day funds for each purchase of Shares the Cash Amount as described in Section 7(a) above which shall be made via Fed Funds Wire to an account maintained by the Custodian and shall be provided in same day or immediately available funds at least one business day before the Contractual Settlement Date, unless otherwise agreed to by the parties. The Authorized Participant hereby agrees to ensure that the Cash Amount will be received by the each Trust on or before the Contractual Settlement Date, and in the event payment of such Cash Amount has not been made by such Contractual Settlement Date, the Authorized Participant agrees, in connection with a Purchase Order, to pay the full Cash Amount, plus interest, computed at such reasonable rate as may be specified by the each Trust from time to time. The Each Trust reserves the right to revoke acceptance of any Purchase Order in the event payment of the Cash Amount has not been made by such Contractual Settlement Date.

Cash Component and Fees. (a) For Funds that Invest in Securities traded on U.S. Exchanges (“Domestic Funds”): The Authorized Participant hereby agrees that in connection with a Purchase Order for any Domestic FundOrder, it will make available in same day funds for each purchase of Shares an amount of cash sufficient to pay the Cash Component and any other amounts of cash due to the Trust in connection with the purchase Purchase of any Creation Unit of Shares (including Shares, in accordance with the purchase Transaction Fee for in-kind and cash purchases provisions of the Procedures and the additional variable charge for Prospectus. In connection with each Order by an Authorized Participant to create or redeem one or more Creation Units, the Administrator shall charge, and the Authorized Participant shall pay an amount of cash purchases to the Administrator equal to, (wheni) a transaction fee and (ii) Custody Transaction Costs, in the sole discretion of the Trust, cash purchases are available or specified each as described in the Prospectus)) , which may be changed by the Sponsor at any time in its sole discretion (collectively with the Cash Component, the “Cash Amount”) which shall be made through DTC ). In addition, the Sponsor may waive the transaction fee and/or Custody Transaction Costs on the creation or redemption of Creation Units for one or more Authorized Participants from time to an account maintained time in its sole discretion. These transaction fees and Custody Transaction Costs are paid directly by the Custodian Authorized Participant and shall be provided in same day not by a Fund or immediately available funds on or before the settlement date in accordance with the Trust’s Prospectus (“Contractual Settlement Date”). The Authorized Participant hereby agrees to ensure that the Cash Amount will be received by the Trust on or before the Contractual Settlement Datecontractual settlement date for the applicable Order, and in the event that payment of such Cash Amount has not been made by such Contractual Settlement Date, the Authorized Participant agrees, in connection with a Purchase Order, to pay the full cash amount, plus interest, computed at such reasonable rate as may be specified by the Trust from time to time. The Trust reserves the right to revoke acceptance of any Purchase Order in the event payment of the Cash Amount has not been made by such Contractual Settlement Date. (b) For Funds that Invest in Securities traded on Non-U.S. Exchanges (“International Funds”): The Authorized Participant hereby agrees that in connection with a Purchase Order for any International Fund, it will make available in same day funds for each purchase of Shares the Cash Amount as described in Section 7(a) above which shall be made via Fed Funds Wire to an account maintained by the Custodian and shall be provided in same day or immediately available funds at least one business day before the Contractual Settlement Date, unless otherwise agreed to by the parties. The Authorized Participant hereby agrees to ensure that the Cash Amount will be received by the Trust on or before the Contractual Settlement Date, and in the event payment of such Cash Amount has not been made by such Contractual Settlement Datecontractual settlement date, the Authorized Participant agrees, in connection with a Purchase Order, to pay the full Cash Amount, plus interest, computed at as such reasonable rate as may be specified by the Trust from time to time. The Trust reserves the right to revoke acceptance of any Purchase Order in the event payment of the Cash Amount has not been made by such Contractual Settlement Date.

Cash Component and Fees. (a) For Funds that Invest in Securities traded on U.S. Exchanges (“Domestic Funds”): The Authorized Participant hereby agrees that as between the Trust and itself or any party for which it acts in connection with a Purchase Order for any Domestic FundOrder, it will make available in same day funds for each purchase of Shares an amount of cash cash, estimated by the Custodian, sufficient to pay the Cash Component and any other amounts of cash due to the Trust in connection with the purchase of any Creation Unit of Shares (including the purchase Creation Transaction Fee for in-kind and cash purchases and the additional variable charge for cash purchases (when, in the sole discretion of the TrustFund, cash purchases are available or specified as described in the Prospectusspecified)) (the “"Cash Amount”") which shall be made through DTC via Fed Funds Wire to an account maintained by the Custodian at State Street Bank and Trust Company, Boston, Massachusetts and shall be provided in same day or immediately available funds on or before the settlement date in accordance with the Trust’s Prospectus (“Contractual Settlement Date”Date (as defined in Attachment A). The Authorized Participant hereby agrees to ensure that the Cash Amount will be received by the Trust on or before the Contractual Settlement Date, and in the event payment of such Cash Amount has not been made by such Contractual Settlement Date, the Authorized Participant agrees, agrees on behalf of itself or any party for which it acts in connection with a Purchase Order, Order to pay the full cash amount, plus interest, computed at such reasonable rate as may be specified by the Trust from time to time. The Participant may require its customer to enter into an agreement with the Participant with respect to such matters. The Participant shall be liable to the Custodian and/or the Trust reserves for any amounts advanced by the right Custodian in its sole discretion to revoke acceptance of any Purchase Order in the event Participant for payment of the Cash Amount has not been made by such Contractual Settlement Date. (b) For Funds that Invest in Securities traded on Non-U.S. Exchanges (“International Funds”): The Authorized Participant hereby agrees that in connection with a Purchase Order amounts due and owing for any International Fund, it will make available in same day funds for each purchase of Shares the Cash Amount as described Component, the Creation Transaction Fee, cash collateral discrepancies and/or the additional variable charge for cash purchases (when, in Section 7(a) above which shall be made via Fed Funds Wire to an account maintained by the sole discretion of the Trust, cash purchases are available or specified). Any excess funds deposited with the Custodian and shall be provided in same day or immediately available funds at least one business day before the Contractual Settlement Date, unless otherwise agreed to by the parties. The Authorized Participant hereby agrees to ensure that the Cash Amount will be received by returned following settlement or the Trust on or before the Contractual Settlement Date, and in the event payment of such Cash Amount has not been made by such Contractual Settlement Date, the Authorized Participant agrees, in connection with a Purchase Order, to pay the full Cash Amount, plus interest, computed at such reasonable rate as may be specified by the Trust from time to time. The Trust reserves the right to revoke acceptance of any Purchase Order in the event payment issuance of the Cash Amount has not been made by such Contractual Settlement DateCreation Unit.

Cash Component and Fees. (a) For Funds that Invest in Securities traded on U.S. Exchanges (“Domestic Funds”): The Authorized Participant hereby agrees that as between the Fund and itself or any party for which it acts in connection with a Purchase Order for any Domestic FundOrder, it will make available in same day funds for each purchase of Shares WEBS an amount of cash sufficient to pay the Cash Component and any other amounts of cash due to the Trust Fund in connection with the purchase of any Creation Unit of Shares WEBS (including the purchase Transaction Fee transaction fee for in-kind and cash purchases and the additional variable charge for cash purchases (when, in the sole discretion of the TrustFund, cash purchases are available or specified as described in the Prospectusspecified)) (the “"Cash Amount”) "), which shall be made through DTC to an account maintained by the Custodian and shall be provided at The Chase Manhattan Bank, New York, providing payment on or before the Contractual Settlement Date (as defined in Annex II) in same day or immediately available funds on or before the settlement date in accordance with the Trust’s Prospectus (“Contractual Settlement Date”)funds. The Authorized Participant hereby agrees to ensure that the Cash Amount will be received by the Trust Fund on or before the Contractual Settlement Date, and in the event payment of such Cash Amount has not been made by such Contractual Settlement Date, the Authorized Participant agrees, agrees on behalf of itself or any party for which it acts in connection with a Purchase Order, Order to pay the full cash amount, plus interest, computed at such reasonable rate as may be specified by the Trust Fund from time to time. The Trust reserves Participant may require its customer to enter into an agreement with the right Participant with respect to revoke acceptance of such matters. The Participant shall be liable to the Distributor and/or the Fund for any Purchase Order amounts advanced by the Distributor in its sole discretion to the event Participant for payment of the amounts due and owing for the Cash Amount has not been made by such Contractual Settlement Date. Component, the purchase transaction fee, cash collateral discrepancies and/or the additional variable charge for cash purchases (b) For Funds that Invest when, in Securities traded on Non-U.S. Exchanges (“International Funds”): The Authorized Participant hereby agrees that in connection with a Purchase Order for any International the sole discretion of the Fund, it will make cash purchases are available in same day funds for each purchase of Shares the Cash Amount as described in Section 7(a) above which shall be made via Fed Funds Wire to an account maintained by the Custodian and shall be provided in same day or immediately available funds at least one business day before the Contractual Settlement Date, unless otherwise agreed to by the parties. The Authorized Participant hereby agrees to ensure that the Cash Amount will be received by the Trust on or before the Contractual Settlement Date, and in the event payment of such Cash Amount has not been made by such Contractual Settlement Date, the Authorized Participant agrees, in connection with a Purchase Order, to pay the full Cash Amount, plus interest, computed at such reasonable rate as may be specified by the Trust from time to time. The Trust reserves the right to revoke acceptance of any Purchase Order in the event payment of the Cash Amount has not been made by such Contractual Settlement Datespecified).

Cash Component and Fees. (a) For Funds that Invest in Securities traded on U.S. Exchanges (“Domestic Funds”): The Authorized Participant hereby agrees that in connection with a Purchase Order for any Domestic FundOrder, it will make available in same day funds for each purchase of Shares an amount of cash sufficient to pay the Cash Component and any other amounts of cash due to the Trust in connection with the purchase Purchase of any Creation Unit of Shares (including Shares, in accordance with the purchase Transaction Fee for in-kind and cash purchases provisions of the Procedures and the additional variable charge for Prospectus. In connection with each Order by an Authorized Participant to create or redeem one or more Creation Units, the Administrator shall charge, and the Authorized Participant shall pay an amount of cash purchases to the Administrator equal to, (wheni) a transaction fee and (ii) Custody Transaction Costs, in the sole discretion of the Trust, cash purchases are available or specified each as described in the Prospectus)) , which may be changed by the Sponsor at any time in its sole discretion (collectively with the Cash Component, the “Cash Amount”) which shall be made through DTC ). In addition, the Sponsor may waive the transaction fee and/or Custody Transaction Costs on the creation or redemption of Creation Units for one or more Authorized Participants from time to an account maintained time in its sole discretion. These transaction fees and Custody Transaction Costs are paid directly by the Custodian Authorized Participant and shall be provided in same day not by a Fund or immediately available funds on or before the settlement date in accordance with the Trust’s Prospectus (“Contractual Settlement Date”). The Authorized Participant hereby agrees to ensure that the Cash Amount will be received by the Trust on or before the Contractual Settlement Date, contractual settlement date for the applicable Order ,and in the event that payment of such Cash Amount has not been made by such Contractual Settlement Date, the Authorized Participant agrees, in connection with a Purchase Order, to pay the full cash amount, plus interest, computed at such reasonable rate as may be specified by the Trust from time to time. The Trust reserves the right to revoke acceptance of any Purchase Order in the event payment of the Cash Amount has not been made by such Contractual Settlement Date. (b) For Funds that Invest in Securities traded on Non-U.S. Exchanges (“International Funds”): The Authorized Participant hereby agrees that in connection with a Purchase Order for any International Fund, it will make available in same day funds for each purchase of Shares the Cash Amount as described in Section 7(a) above which shall be made via Fed Funds Wire to an account maintained by the Custodian and shall be provided in same day or immediately available funds at least one business day before the Contractual Settlement Date, unless otherwise agreed to by the parties. The Authorized Participant hereby agrees to ensure that the Cash Amount will be received by the Trust on or before the Contractual Settlement Date, and in the event payment of such Cash Amount has not been made by such Contractual Settlement Datecontractual settlement date, the Authorized Participant agrees, in connection with a Purchase Order, to pay the full Cash Amount, plus interest, computed at as such reasonable rate as may be specified by the Trust from time to time. The Trust reserves the right to revoke acceptance of any Purchase Order in the event payment of the Cash Amount has not been made by such Contractual Settlement Date.

Cash Component and Fees. (a) For Funds that Invest in Securities traded on U.S. Exchanges (“Domestic Funds”): The Authorized Participant hereby agrees that as between the Trust and itself or any party for which it acts in connection with a Purchase Order for any Domestic Fund, it will make available in same day funds for each purchase of Shares an amount of cash sufficient to pay the Cash Component and any other amounts of cash due to the Trust in connection with the purchase of any Creation Unit of Shares (including the purchase Transaction Fee for in-kind and cash purchases and the additional variable charge for cash purchases (when, in the sole discretion of the Trust, the Distributor or their designees, cash purchases are available or specified as described in the Prospectus)) (the “Cash Amount”) which shall be made through DTC to an account maintained by the Custodian and shall be provided in same day or immediately available funds on or before the settlement date Settlement Date as described in accordance with the Trust’s Prospectus (“Contractual Settlement Date”). The Authorized Participant hereby agrees to ensure that the Cash Amount will be received by the Trust on or before the Contractual Settlement Date, and in the event payment of such Cash Amount has not been made by such Contractual Settlement Date, the Authorized Participant agrees, agrees on behalf of itself or any party for which it acts in connection with a Purchase Order, Order to pay the full cash amount, plus interest, computed at such reasonable rate as may be specified by the Trust from time to time. The Trust reserves Authorized Participant may require its customer to enter into a written agreement with the right Authorized Participant with respect to revoke acceptance of any Purchase Order in the event payment of the Cash Amount has not been made by such Contractual Settlement Datematters. (b) For Funds that Invest in Securities traded on Non-U.S. Exchanges (“International Funds”): The Authorized Participant hereby agrees that as between the Trust and itself or any party for which it acts in connection with a Purchase Order for any International Fund, it will make available in same day funds for each purchase of Shares the Cash Amount as described in Section 7(a) above which shall be made via Fed Funds Wire to an account maintained by the Custodian and shall be provided in same day or immediately available funds at least one business day before the Contractual Settlement Date, unless otherwise agreed to by the parties. The Authorized Participant hereby agrees to ensure that the Cash Amount will be received by the Trust on or before the Contractual Settlement Date, and in the event payment of such Cash Amount has not been made by such Contractual Settlement Date, the Authorized Participant agrees, agrees on behalf of itself or any party for which it acts in connection with a Purchase Order, Order to pay the full Cash Amount, plus interest, computed at such reasonable rate as may be specified by the Trust from time to time. The Trust reserves Authorized Participant may require its customer to enter into a written agreement with the right Authorized Participant with respect to revoke acceptance of any Purchase Order in the event payment of the Cash Amount has not been made by such Contractual Settlement Datematters.

Cash Component and Fees. (a) For Funds that Invest in Securities traded on U.S. Exchanges (“Domestic Funds”): The Authorized Participant hereby agrees that as between the Fund and itself or any party for which it acts in connection with a Purchase Order for any Domestic FundOrder, it (i) upon acceptance of each Purchase Order, the Authorized Participant will make available in same day funds for each purchase be charged a non-refundable transaction fee of Shares an amount of cash sufficient to pay the Cash Component and any other amounts of cash due to the Trust in connection with the purchase of any Creation Unit of Shares (including the purchase Transaction Fee for in-kind and cash purchases and the additional variable charge for cash purchases (when$1,000 per Basket, in the sole discretion of the Trust, cash purchases are available or specified as described in the Prospectus)) (the “Cash Amount”) which shall be made through DTC paid to an account maintained by the Custodian and shall be provided in same day or immediately available funds no later than 10:00 a.m. on or before the settlement first Business Day following the date in accordance with on which the Trust’s Prospectus Purchase Order is accepted; (“Contractual Settlement Date”). The Authorized Participant hereby agrees to ensure that the Cash Amount will be received by the Trust on or before the Contractual Settlement Date, and in the event payment of such Cash Amount has not been made by such Contractual Settlement Date, ii) the Authorized Participant agrees, in connection with a Purchase Order, to pay the full cash amount, plus interest, computed at such reasonable rate as may be specified by the Trust from time to time. The Trust reserves the right to revoke acceptance of any Purchase Order in the event payment of the Cash Amount has not been made by such Contractual Settlement Date. (b) For Funds that Invest in Securities traded on Non-U.S. Exchanges (“International Funds”): The Authorized Participant hereby agrees that in connection with a Purchase Order for any International Fund, it will make available in same day funds for each purchase of Shares Baskets an amount of cash sufficient to pay the Initial Cash Amount Payment, as described defined in Section 7(a) above Annex I, which payment shall be made via Fed Funds Wire to an account maintained by the Custodian and shall be provided in same day or immediately available funds at least one business no later than 10:00 a.m. on the first Business Day following the date on which the Purchase Order is accepted; and (iii) in the event that the Initial Cash Payment is less than the Final Settlement Price with respect to any Basket, the Authorized Participant will make available in same day before the Contractual Settlement Datefunds that amount of any such shortfall, unless otherwise agreed which payment shall be made to an account maintained by the partiesCustodian and shall be provided in same day or immediately available funds no later than 10:00 a.m. on the second Business Day following the date on which the Purchase Order is accepted. The Authorized Participant hereby agrees to ensure that the Cash Amount will Final Settlement Price be received by the Trust Fund on or before 10:00 a.m. on the Contractual Settlement Datesecond Business Day following the date on which the Purchase Order is accepted, and in the event payment of such Cash Amount Final Settlement Price has not been made by such Contractual Settlement Date10:00 a.m. on the second Business Day following the date on which the Purchase Order is accepted, the Authorized Participant agrees, agrees on behalf of itself or any party for which it acts in connection with a Purchase Order, Order to pay the full Cash AmountFinal Settlement Price, plus interest, computed at such reasonable rate as may be specified by the Trust Fund from time to time. The Trust reserves Authorized Participant may require its customer to enter into a written agreement with the right Authorized Participant with respect to revoke acceptance of any Purchase Order in the event payment of the Cash Amount has not been made by such Contractual Settlement Datematters.