Common use of Creation Orders Clause in Contracts

Creation Orders. After the Transfer Agent has received notification of a Submission from the Participant for a creation order for Shares which has been Deemed Received by the Transfer Agent as set forth below in Section IV, the Transfer Agent shall initiate procedures to transfer the requisite Shares through DTC and the DTC Participant and the Cash Component, if any, through the Federal Reserve Bank wire system so as to be received by the creator no later than on the third (3rd) Business Day following the Business Day on which the Submission is Deemed Received by the Transfer Agent.

Appears in 35 contracts

Samples: Participant Agreement (PowerShares Exchange-Traded Fund Trust II), Participant Agreement (PowerShares Exchange-Traded Fund Trust II), Participant Agreement (PowerShares Exchange-Traded Fund Trust II)

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Creation Orders. After the Transfer Agent has received notification of a Submission from the Participant for a creation order for Shares which has been Deemed Received by the Transfer Agent as set forth below in Section IV, the Transfer Agent shall initiate procedures to transfer the requisite Shares through DTC and the DTC Participant and the Cash Component, if any, through the Federal Reserve Bank wire system or the DTCC Security Payment Order system, so as to be received by the creator no later than on the third (3rd) Business Day following the Business Day on which the Submission is Deemed Received by the Transfer Agent.

Appears in 10 contracts

Samples: Participant Agreement (PowerShares Exchange-Traded Fund Trust II), Participant Agreement (PowerShares Exchange-Traded Fund Trust II), Participant Agreement (PowerShares Exchange-Traded Fund Trust II)

Creation Orders. After the Transfer Agent has received notification of a Submission from the Participant for a creation order for Shares which has been Deemed Received by the Transfer Agent as set forth below in Section IV, the Transfer Agent shall initiate procedures to transfer the requisite Shares through DTC and the DTC Participant and the Cash Component, if any, through the Federal Reserve Bank wire system so as to be received by the creator no later than on the third second (3rd2nd) Business Day following the Business Day on which the Submission is Deemed Received by the Transfer Agent.

Appears in 6 contracts

Samples: Participant Agreement (Invesco Actively Managed Exchange-Traded Commodity Fund Trust), Participant Agreement (Invesco Exchange-Traded Self-Indexed Fund Trust), Participant Agreement (PowerShares India Exchange-Traded Fund Trust)

Creation Orders. After the Transfer Agent has received notification of a Submission from the Participant for a creation order for Trust Shares which has been Deemed Received by the Transfer Agent as set forth below in Section IV, the Transfer Agent shall initiate procedures to transfer the requisite Trust Shares through DTC and the DTC Participant and the Cash Component, if any, through the Federal Reserve Bank wire system so as to be received by the creator no later than on the third (3rd) Business Day following the Business Day on which the Submission is Deemed Received by the Transfer Agent.

Appears in 5 contracts

Samples: Transfer Agency and Service Agreement (Powershares Actively Managed Exchange-Traded Fund Trust), Transfer Agency and Service Agreement (Powershares Actively Managed Exchange-Traded Fund Trust), Transfer Agency and Service Agreement (Powershares Actively Managed Exchange-Traded Fund Trust)

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Creation Orders. After the Transfer Agent has received notification of a Submission from the Participant for a creation order for Trust Shares which has been Deemed Received by the Transfer Agent as set forth below in Section IV, the Transfer Agent shall initiate procedures to transfer the requisite Trust Shares through though DTC and the DTC Participant Participants and the Cash Component, if any, through the Federal Reserve Bank wire system so as to be received by the creator no later than on the third (3rd) Business Day following the Business Day on which the Submission is Deemed Received by the Transfer Agent.

Appears in 1 contract

Samples: Transfer Agency and Service Agreement (Powershares Actively Managed Exchange-Traded Fund Trust)

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