Common use of Determination of Fund Deposit, etc Clause in Contracts

Determination of Fund Deposit, etc. Subject to and in accordance with the directions of the investment adviser for the Fund, the Custodian shall determine for each Fund after the end of each trading day on the New York Stock Exchange (the “NYSE”), in accordance with the respective Fund’s policies as adopted from time to time by the Board and in accordance with the procedures set forth in the Prospectus, (i) the identity and weighting of the securities in the Deposit Securities and the Fund Securities (each as defined in the Prospectus), (ii) the cash component, and (iii) the amount of cash redemption proceeds (all as defined in the Prospectus) required for the issuance or redemption, as the case may be, of Shares in Creation Unit aggregations of such Fund on such date. The Custodian shall provide or cause to be provided this information to the Fund’s distributor and other persons according to the policy established by the Board and shall disseminate such information on each day that the NYSE is open, including through the facilities of the National Securities Clearing Corporation, prior to the opening of trading on the NYSE.

Determination of Fund Deposit, etc. Subject to and in accordance with the directions of the investment adviser for the FundFunds, the Custodian shall determine for each Fund after the end of each trading day on the New York Stock Exchange (the “NYSE”)Exchange, in accordance with the respective Fund’s 's policies as adopted from time to time by the Board and in accordance with the procedures set forth in the Prospectus, (i) the identity and weighting of the securities in the Deposit Securities and the Fund Securities (each as defined in the Prospectus)Securities, (ii) the cash componentCash Component (including the Dividend Equivalent Amount), and (iii) the amount of cash redemption proceeds (all as defined in the ProspectusRegistration Statement) required for the issuance or redemption, as the case may be, of Shares in Creation Unit aggregations of such Fund on such date. The Custodian shall provide or cause to be provided this information to the Fund’s Funds' distributor and other persons according to the policy established by the Board and shall disseminate such information on each day that the NYSE American Stock Exchange (the "AMEX") is open, including through the facilities of the National Securities Clearing Corporation, prior to the opening of trading on the NYSEAMEX.