Cash in Lieu. The Trust, in the Trust’s sole discretion, may permit or require the substitution of an amount of cash to be added to any “Cash Component” to replace any “Deposit Security” (“cash in lieu”). The Trust may suspend the ability of the Participant to engage in cash in lieu transactions with respect to any Series at any time, without prior notice.
Appears in 3 contracts
Samples: Authorized Participant Agreement (SEI Exchange Traded Funds), Authorized Participant Agreement (Advisors' Inner Circle Fund), Authorized Participant Agreement (Advisors' Inner Circle Fund III)
Cash in Lieu. The TrustTrust may, in the Trust’s its sole discretion, may permit or require the substitution of an amount of cash to be added to any “Cash Component” Component to replace any “Deposit Security” Security (“cash in lieu”). The Trust may suspend the ability of the Participant to engage in cash in lieu transactions with respect to any Series at any time, without prior notice.
Appears in 2 contracts
Samples: Authorized Participant Agreement (Krane Shares Trust), Authorized Participant Agreement (Pyxis Funds I)
Cash in Lieu. The Trust, in the Trust’s sole discretion, may permit or require the substitution of an amount of cash to be added to any “Cash Component” to replace any “Deposit Security” (“cash in lieu”). The Trust Trust, with appropriate prior notice to the Participant, may suspend the ability of the Participant to engage in cash in lieu transactions with respect to any Series at any time, without prior notice. The Distributor agrees to use the Distributor’s best efforts to cause the Trust to permit substitution of cash in lieu upon request by the Participant in connection with an Order due to regulatory or policy restrictions relating to the Deposit Security.
Appears in 2 contracts
Samples: Authorized Participant Agreement (Quaker Investment Trust), Authorized Participant Agreement (Advisors' Inner Circle Fund II)
Cash in Lieu. The TrustTrust may, in the Trust’s its sole discretion, may permit or require the substitution of an amount of cash to be added to any “Cash Component” Component to replace any “Deposit Security” Security (“cash in lieu”)) or permit the substitution of another asset for any Deposit Security. The Trust may suspend the ability of the Participant to engage in cash in lieu transactions with respect to any Series at any time, without prior notice.
Appears in 1 contract
Samples: Authorized Participant Agreement (Exchange Traded Concepts Trust)
Cash in Lieu. The TrustTrust may, in the Trust’s its sole discretion, may permit or require the substitution of an amount of cash to be added to any “Cash Component” to replace any “Deposit Security” (“cash in lieu”). The Trust may suspend the ability of the Participant to engage in cash in lieu transactions with respect to any Series at any time, without prior notice.
Appears in 1 contract
Samples: Authorized Participant Agreement (Cambria ETF Trust)
Cash in Lieu. The TrustTrust may, in its sole discretion and to the Trust’s sole discretionextent permitted by Law, may permit or require the substitution of an amount of cash to be added to any “Cash Component” Component to replace any “Deposit Security” Security (“cash in lieu”)) or permit the substitution of another asset for any Deposit Security. The Trust may suspend the ability of the Participant to engage in cash in lieu transactions with respect to any Series at any time, without prior notice.
Appears in 1 contract
Samples: Authorized Participant Agreement (LocalShares Investment Trust)
Cash in Lieu. The TrustTrust may, in the Trust’s its sole discretiondiscretion (subject to compliance with applicable Law), may permit or require the substitution of an amount of cash to be added to any “Cash Component” Amount to replace any “Deposit Security” Instrument (“"cash in lieu”). The Trust may suspend ") or permit the ability substitution of the Participant to engage in cash in lieu transactions with respect to another asset for any Series at any time, without prior noticeDeposit Instrument.
Appears in 1 contract
Samples: Authorized Participant Agreement (PGIM Rock ETF Trust)
Cash in Lieu. The TrustTrust may, in its sole discretion and to the Trust’s sole discretionextent permitted by Law, may permit or require the substitution of an amount of cash to be added to any “Cash Component” Component to replace any “Deposit Security” Security (“cash in lieu”). The Trust may suspend the ability of the Participant to engage in cash in lieu transactions with respect to any Series at any time, without prior notice.
Appears in 1 contract
Samples: Agency Services Agreement (J.P. Morgan Exchange-Traded Fund Trust)