Common use of Commencement of Trading Clause in Contracts

Commencement of Trading. The Participant may not submit an Order pursuant to this Agreement until five Business Days after effectiveness of this Agreement or a date agreed upon by the Distributor and the Participant; provided, however, that this Agreement shall be immediately effective if the execution of this Agreement supersedes another Authorized Participant Agreement among the Parties that is currently in effect.

Appears in 15 contracts

Samples: Authorized Participant Agreement (Federated Hermes ETF Trust), Authorized Participant Agreement (Federated Hermes ETF Trust), Authorized Participant Agreement (Federated Hermes ETF Trust)

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Commencement of Trading. The Participant may not submit an Order pursuant to this Agreement until five Business Days after effectiveness of this Agreement or a date agreed upon by the Distributor and the Participant; provided, however, that this Agreement shall be immediately effective if the execution of this Agreement supersedes another Authorized Participant Agreement any other authorized participant agreement among the Parties that is currently in effect.

Appears in 8 contracts

Samples: Authorized Participant Agreement, Authorized Participant Agreement (Impact Shares Trust I), Authorized Participant Agreement (Causeway ETMF Trust)

Commencement of Trading. The Participant may not submit an Order pursuant to this Agreement until five Business Days after effectiveness of this Agreement or a date agreed upon by the Distributor and the Participant; provided, however, that this Agreement shall be immediately effective if the execution of this Agreement supersedes another Authorized Participant Agreement among the Parties that is currently in effect. [Federated to confirm this 5-day lag with SSB and BNY.]

Appears in 3 contracts

Samples: Authorized Participant Agreement (Federated Hermes ETF Trust), Authorized Participant Agreement (Federated Hermes ETF Trust), Authorized Participant Agreement (Federated Hermes ETF Trust)

Commencement of Trading. The Participant may not submit an Order pursuant to this Agreement until five Business Days after effectiveness of this Agreement (which shall not take effect until acknowledged by the Index Receipt Agent) or a such earlier date agreed upon by between the Distributor and the Participant; provided, however, that this Agreement shall be immediately effective if the execution of this Agreement supersedes another Authorized Participant Agreement among the Parties that is currently in effect.

Appears in 2 contracts

Samples: Authorized Participant Agreement, Authorized Participant Agreement (Proshares Trust)

Commencement of Trading. The Participant may not submit an Order pursuant to this Agreement until five (5) Business Days after effectiveness of this Agreement or a date agreed upon by the Distributor and the Participant; provided, however, that this Agreement shall be immediately effective that, if the execution of this Agreement supersedes another Authorized Participant Agreement any other authorized participant agreement among the Parties that currently is currently in effect, the Participant must submit any Order pursuant to this Agreement.

Appears in 2 contracts

Samples: Authorized Participant Agreement (SEI Exchange Traded Funds), Authorized Participant Agreement (Advisors' Inner Circle Fund II)

Commencement of Trading. The Participant may not submit an Order pursuant to this Agreement until five Business Days after effectiveness of this Agreement or a date agreed upon by the Distributor and the Participant; provided, however, that this Agreement shall be immediately effective if the execution of this Agreement supersedes another Authorized Participant Agreement among the Parties that is currently in effect...

Appears in 1 contract

Samples: Authorized Participant Agreement (Ishares Inc)

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Commencement of Trading. The Participant may not submit an Order pursuant to this Agreement until five (5) Business Days after the effectiveness of this Agreement or a date agreed upon by the Distributor and the Participant; provided, however, that this Agreement shall be immediately effective if the execution of this Agreement supersedes another Authorized Participant Agreement authorized participant agreement among the Parties that is currently in effect.

Appears in 1 contract

Samples: Authorized Participant Agreement (PGIM Rock ETF Trust)

Commencement of Trading. The Participant may not submit an Order pursuant to this Agreement until five (5) Business Days after the effectiveness of this Agreement or a date agreed upon by the Distributor and the Participant; provided, however, that this Agreement shall be immediately effective if the execution of this Agreement supersedes another Authorized Participant Agreement among the Parties that is currently in effect.

Appears in 1 contract

Samples: Authorized Participant Agreement (Pgim Etf Trust)

Commencement of Trading. The Participant may not submit an Order pursuant to this Agreement until five Business Days after effectiveness of this Agreement or a date agreed upon by the Distributor and the Participant; provided, however, that this Agreement shall be immediately effective if the execution of this Agreement supersedes another Authorized Participant Agreement any other authorized participant agreement among the Parties that is currently in effect, the Participant must submit any Order pursuant to this Agreement.

Appears in 1 contract

Samples: Authorized Participant Agreement (Cambria ETF Trust)

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