CASH REDEMPTIONS. In the event that, in the sole discretion of the Trust, cash redemptions are permitted or required by the Trust, proceeds will be paid to the AP redeeming Shares on behalf of the redeeming investor as soon as practicable after the date of redemption.
CASH REDEMPTIONS. In the event that, in the sole discretion of the Fund, cash redemptions are permitted or required by the Fund, proceeds will be paid to the Participant redeeming shares on behalf of the redeeming investor as soon as practicable after the date of redemption (within seven calendar days thereafter, except for the instances listed in Appendix B of the statement of additional information where more than seven calendar days would be needed).
CASH REDEMPTIONS. In the event that, in the sole discretion of the Fund, cash redemptions are permitted or required by the Fund, proceeds will be paid to the Participant redeeming ETF Shares as soon as practicable after the date of redemption, but in no event more than seven business days after the tender of such shares to the Fund or its agent except as otherwise permitted under the Investment Company Act of 1940. Proceeds will be paid to Participant net of applicable Transaction Fees.
CASH REDEMPTIONS. Subject to paragraph 3.3, below, the Company shall arrange to effect any redemption request for full or fractional shares of each Portfolio in cash at the net asset value per share next computed on each Business Day, adjusted for a deferred sales charge, if any.
CASH REDEMPTIONS. In the event that, in the sole discretion of Fund, cash ---------------- redemptions are permitted or required by Fund, proceeds will be paid to Participant redeeming shares on behalf of the redeeming investor as soon as practicable after the date of redemption.
CASH REDEMPTIONS. When a Participant chooses to effect a cash redemption of Creation Units of Shares of the Trust, such redemptions shall be effected in essentially the same manner as in-kind sales thereof. In the case of a cash sale, the Participant will receive the cash equivalent of the bitcoin it would otherwise be entitled to receive through an in-kind redemption, less the same cash component required by an in-kind redeemer. In addition, to offset the Trust’s brokerage, transaction, and other costs associated with selling the requisite bitcoin for cash, the Participant may be required to pay an additional transaction fee or adjustment as advised by the Distributor and/or Trust which may include any difference between the actual cost to the Trust to sell the bitcoin and the value of the bitcoin had the bitcoin been delivered. Such transaction fees and additional amounts, if any, shall be included in the calculation of the cash component to be received.
CASH REDEMPTIONS. Cash redemptions of Creation Units of Shares may be permitted or required for a Fund in the sole discretion of the Trust and upon reasonable notice to the Custodian. In the event that cash redemptions are permitted or required, proceeds will be paid to the AP redeeming Shares on behalf of the redeeming investor as soon as practicable after the date of redemption.
CASH REDEMPTIONS. General Cash Redemption Rules. Cash Back redemptions can be made through online/mobile banking, in person at any Wildfire branch, or through the Wildfire call center. Cash Back redemptions are available in the following forms: • One time deposit into your Wildfire savings account; • Payment on a Wildfire loan; • Reoccurring transfer of all points for a set frequency either monthly or quarterly, on the 1st day of the month or quarter; • Scheduled transfer when your Reward Points meet a specified threshold; or • Credit to your Card (credits to the Card will reduce your account balance; however, unless the credit exceeds your previous statement balance, you are still required to make your minimum payment due for the statement period)
CASH REDEMPTIONS. In the event that, in the sole discretion of the Trust, cash redemptions are permitted or required by the Trust, proceeds will be paid to the AP redeeming Shares on behalf of the redeeming investor as soon as practicable after the date of redemption. ANNEX II TO AUTHORIZED PARTICIPANT AGREEMENT AUTHORIZED PERSONS Date: [Address of the AP] Attn: SPDR S&P MIDCAP 400 ETF Trust Authorized Participant Agreement The Bank of New York Mellon 0 Xxxxxx Xxxxx, 12th floor Brooklyn, NY 11217 Attn: ETF Services Re: Authorized Persons for Authorized Participant under SPDR S&P MIDCAP 400 ETF Trust Authorized Participant Agreement (the “Agreement”) Ladies and Gentlemen: Pursuant to the Agreement, following are the names and signatures of all Authorized Persons (as defined in the Agreement).
CASH REDEMPTIONS. Subject to paragraph 3.3, below, the Fund shall arrange to effect any redemption request for full or fractional shares of each Series in cash at the net asset value per share next computed on each Business Day.
