DEPOSIT SECURITIES. The Participant understands that the number and names of the designated portfolio of Deposit Securities and relevant cash amounts to be included in the current Portfolio Deposit for each Fund will be made available each day that the New York Stock Exchange (the “NYSE”) is open for trading through the facilities of the NSCC. The Participant will not be responsible for errors in the information relating to the Deposit Securities to be included in the current Portfolio Deposit to be transmitted through the facilities of the NSCC in connection with purchase or redemption transactions that are caused by the Trust or the Transfer Agent.
Appears in 8 contracts
Samples: Participant Agreement (Powershares Actively Managed Exchange-Traded Fund Trust), Participant Agreement (Powershares Actively Managed Exchange-Traded Fund Trust), Participant Agreement (Powershares Actively Managed Exchange-Traded Fund Trust)
DEPOSIT SECURITIES. The Participant understands that the number and names of the designated portfolio of Deposit Securities and relevant cash amounts to be included in the current Portfolio Deposit for each Fund will be made available each day that the New York Stock Exchange (the “NYSE”) is open for trading through the facilities of the NSCC. The Participant will not be responsible for errors in the information relating to the Deposit Securities and/or relevant cash amounts to be included in the current Portfolio Deposit to be transmitted through the facilities of the NSCC in connection with purchase or redemption transactions Redemption Orders and Purchase Orders that are caused by the Trust or the Transfer Agent.
Appears in 4 contracts
Samples: Participant Agreement (Powershares Actively Managed Exchange-Traded Fund Trust), Participant Agreement (Powershares Actively Managed Exchange-Traded Fund Trust), Participant Agreement (Powershares Actively Managed Exchange-Traded Fund Trust)
DEPOSIT SECURITIES. The Participant understands that the number and names of the designated portfolio of Deposit Securities and relevant cash amounts to be included in the current Portfolio Deposit for each Fund will be made available each day that the New York Stock Exchange (the “"NYSE”") is open for trading through the facilities of the National Securities Clearing Corporation ("NSCC"). The Participant will not be responsible for errors in the information relating to the Deposit Securities to be included in the current Portfolio Deposit to be transmitted through the facilities of the NSCC in connection with purchase or redemption transactions that are caused by the Trust or the Transfer Agent.
Appears in 4 contracts
Samples: Participant Agreement (Claymore Exchange-Traded Fund Trust), Participant Agreement (Claymore Exchange-Traded Fund Trust 2), Participant Agreement (Market Vectors Trust)
DEPOSIT SECURITIES. The Participant understands that the number and names of the designated portfolio of Deposit Securities and relevant cash amounts to be included in the current Portfolio Fund Deposit for each Fund will be made available each day that the New York Stock Exchange (the “"NYSE”") is open for trading through the facilities of the NSCC. The Participant will not be responsible for errors in the information relating to the Deposit Securities to be included in the current Portfolio Fund Deposit to be transmitted through the facilities of the NSCC in connection with purchase or redemption transactions Redemption Orders and Purchase Orders that are caused by the Trust Trust, the Distributor or the Transfer Agent.
Appears in 3 contracts
Samples: Participant Agreement (First Trust Exchange-Traded Fund), Participant Agreement (First Trust Exchange-Traded Fund Ii), Participant Agreement (First Trust Exchange-Traded Fund)
