Common use of Clearing Process Clause in Contracts

Clearing Process. The Distributor (in the case of purchases) or the Transfer Agent (in the case of redemptions) shall issue a confirmation of Order acceptance within approximately 15 minutes of its receipt of an Order Form received in good form. In the event the Participant does not receive a timely confirmation from the Distributor or the Transfer Agent, it should contact the telephone representative at the business number indicated.

Appears in 21 contracts

Samples: Authorized Participant Agreement (Allspring Exchange-Traded Funds Trust), Authorized Participant Agreement (MFS Active Exchange Traded Funds Trust), Authorized Participant Agreement (Putnam ETF Trust)

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Clearing Process. The Distributor (in the case of purchases) or the Transfer Agent (in the case of redemptions) shall issue a confirmation of Order acceptance within approximately 15 minutes of its receipt of an Order Form received in good formproper form (as defined in the Prospectus). In the event the Participant does not receive a timely confirmation from the Distributor or the Transfer Agent, it should contact the telephone representative at the business number indicated.

Appears in 7 contracts

Samples: Transfer Agency and Service Agreement (Capital Group Equity ETF Trust I), Transfer Agency and Service Agreement (Capital Group Conservative Equity ETF), Transfer Agency and Service Agreement (Capital Group New Geography Equity ETF)

Clearing Process. The Distributor (in the case of purchasescreations) or the Transfer Agent (in the case of redemptions) shall issue a confirmation of Order acceptance within approximately 15 minutes of its receipt of an Order Form received in good form. In the event the Participant does not receive a timely confirmation from the Distributor or the Transfer Agent, it should contact the telephone representative at the business number indicated.

Appears in 6 contracts

Samples: Participant Agreement (SPDR Trust Series 1), Participant Agreement (SPDR INDEX SHARES FUNDS (Formerly streetTRACKS Index Shares Funds)), Participant Agreement (Select Sector SPDR Trust)

Clearing Process. The Distributor (in the case of purchases) or the Transfer Agent (in the case of redemptions) shall issue a confirmation of Order acceptance within approximately 15 minutes of its receipt of an Order Form received in good form. In the event the Authorized Participant does not receive a timely confirmation from the Distributor or the Transfer Agent, it should contact the telephone representative at the business number indicated.

Appears in 5 contracts

Samples: Authorized Participant Agreement (Abrdn ETFs), Authorized Participant Agreement (Litman Gregory Funds Trust), Authorized Participant Agreement (Aberdeen Standard Investments ETFs)

Clearing Process. The Distributor (in the case of purchasescreations) or the Transfer Agent (in the case of redemptions) shall issue a confirmation of Order acceptance within approximately 15 minutes of its receipt of an Order Form received in good form. In the event the Participant does not receive a timely confirmation from the Distributor or the Transfer Agent, it should contact the telephone representative at the business number indicated.

Appears in 5 contracts

Samples: Participant Agreement (Sector SPDR Trust), Participant Agreement (Nuveen Exchange Traded Index Trust), Participant Agreement (Index Exchange Listed Securities Trust)

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Clearing Process. The Distributor (in the case of purchasesa Purchase Order) or the Transfer Agent (in the case of redemptionsa Redemption Order) shall issue a confirmation of Order acceptance within approximately 15 minutes of its receipt of an Order Form received in good form. In the event the Participant does not receive a timely confirmation from the Distributor or the Transfer Agent, it should contact the telephone representative at the business number indicated.

Appears in 2 contracts

Samples: Authorized Participant Agreement (Calvert Management Series), Authorized Participant Agreement (Gabelli Nextshares Trust)

Clearing Process. The Distributor Sponsor (in the case of purchases) or the Transfer Agent (in the case of redemptions) shall issue a confirmation of Order acceptance within approximately 15 minutes of its receipt of an Order Form received in good form. In the event the Authorized Participant does not receive a timely confirmation from the Distributor Sponsor or the Transfer Agent, it should contact the telephone representative at the business number indicated.

Appears in 2 contracts

Samples: Participant Agreement (VanEck Ethereum Trust), Participant Agreement (VanEck Bitcoin Trust)

Clearing Process. The Distributor (in the case of purchasescreations) or the Transfer Agent (in the case of redemptions) shall issue a confirmation of Order acceptance within approximately 15 minutes of its receipt of an Order Form received in good form. In the event the Participant does not receive 6 a timely confirmation from the Distributor or the Transfer Agent, it should contact the telephone representative at the business number indicated.

Appears in 1 contract

Samples: Participant Agreement (Sector SPDR Trust)

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