Establish Procedures. Procedures applicable to the transfer agent services to be performed hereunder may be established from time to time by agreement between the Trust and X.X. Xxxxxx. X.X. Xxxxxx shall have the right to utilize any shareholder accounting and record-keeping systems that, in its opinion, enables it to perform any services to be performed hereunder.
Establish Procedures. The Trust and X.X. Xxxxxx, from time to time, may establish written procedures for the processing and settlement and related activities effected for ETF Shares of each ETF Series through the Clearing Process and Outside the Clearing Process.
Establish Procedures. Procedures applicable to the transfer agent services to be performed hereunder may be established from time to time by agreement between the Trust and Bank. Bank shall have the right to utilize any shareholder accounting and record-keeping systems that, in its reasonable opinion, enables it to perform any services to be performed hereunder. Following are the Index Receipt Agent services that shall be provided by Bank for the Trust in respect of each Fund and their respective ETF Series. Bank shall perform these services as Index Receipt Agent in conjunction with the custody services that are currently provided by Bank, as Custodian, to each Fund under the terms of the Custody Agreement. Bank shall be entitled to all the protective provisions in the Custody Agreement in respect of its duties and its performance as Index Receipt Agent and Custodian for the settlement of purchases and redemptions of Creation Units of each ETF Series. If there are any inconsistencies between the terms of the Custody Agreement and the terms herein with respect to processing, clearance and the settlement of purchase and redemption orders for NETS Shares of each ETF Series the terms herein shall govern.
Establish Procedures. Establish procedures for the resolution of disputes concerning this Agreement’s interpretation and/or application; and
Establish Procedures. Concessionaire shall at all times observe cash and record handling policies and procedures and maintain cash and record handling systems in accordance with reasonable written policies and procedures adopted by Concessionaire. Concessionaire may revise those procedures from time to time
Establish Procedures. Procedures applicable to the transfer agent services to be performed hereunder may be established from time to time by agreement between the Trust and X.X. Xxxxxx. X.X. Xxxxxx shall have the right to utilize any shareholder accounting and record-keeping systems that, in its opinion, enables it to perform any services to be performed hereunder, provided that the usage does not compromise the confidentiality of the Trust’s records or otherwise breach this Agreement.
Establish Procedures. Procedures applicable to the transfer agent services to be performed hereunder may be established from time to time by agreement between the Trust and Bank. Bank shall have the right to utilize any shareholder accounting and record-keeping systems that, in its reasonable opinion, enables it to perform any services to be performed hereunder. Following are the Services that shall be provided by Bank for the Trust in respect of each ETF Series. Bank shall perform these services in conjunction with the custody services that are provided by Bank, as Custodian, to each ETF Series under the terms of the Custody Agreement. Bank shall be entitled to all the protective provisions in the Custody Agreement in respect of its duties and its performance as Index Receipt Agent and Custodian for the settlement of purchases and redemptions of Creation Units of each ETF Series.
A. Index Receipt Agent Services for Bullish ProShares.
1. Bank, with the assistance of the Trust, shall make application to NSCC to be the Index Receipt Agent on behalf of the Trust for the processing, clearance and the settlement of purchase and redemption orders for ETF Shares of each Bullish ProShares and Creation Deposits through the facilities of NSCC and DTC.
2. The Distributor, on behalf of the Trust, shall enter into an Authorized Participant Agreement in the form of Exhibit B hereto with each Authorized Participant, which Bank, in its capacity as Index Receipt Agent, shall acknowledge.
3. In connection with the procedures that may be established from time to time between Bank and the Trust on behalf of each Bullish ProShares for the processing, clearance and settlement of the purchase and redemption of Creation Units of ETF Shares of the applicable ETF Series through the Clearing Process, Bank shall:
(a) receive from the Distributor daily, a computer generated file that is in form and substance acceptable to NSCC containing a list of the Deposit Securities for each ETF Series, the Balancing Amount and the Transaction Fee, and transmit the file as received from the Distributor to NSCC;
(b) receive from the Distributor on each trade date a computer generated file that is in form and substance acceptable to NSCC and that contains purchase orders from Authorized Participants that have been received and accepted by the Distributor on behalf of the Trust for each ETF Series, for the purchase of Creation Units against delivery of Deposit Securities and a Cash Component; transmit the file of purchase...
Establish Procedures. The Trust and Bank, from time to time, may establish written procedures for the processing and settlement and related activities effected for ETF Shares of each ETF Series through the Clearing Process and Outside the Clearing Process. 1. FOCUS Morningstar US Market Index ETF 2. FOCUS Morningstar Large Cap Index ETF
3. FOCUS Morningstar Mid Cap Index ETF
4. FOCUS Morningstar Small Cap Index ETF
Establish Procedures. The Trust and Index Receipt Agent, from time to time, may establish written procedures for the processing and settlement and related activities effected for ETF Shares of each ETF Series through the Clearing Process and Outside the Clearing Process. ETF Agency Services Agreement – August 2021 In connection with the Index Receipt Agent Services set forth in Schedule B, X.X. Xxxxxx shall provide the following basket creation services:
(i) Calculation of the “ETF Basket,” which reflects the components and quantities of the securities comprising each ETF.
a) With respect to passive ETFs, the ETF Basket will be comprised of securities with weights mirroring the index the ETF tracks and X.X. Xxxxxx’x ability to calculate the ETF Basket is subject to its receipt of the index composition file from a third party index agent, currently Solactive.
b) With respect to active ETFs, the ETF Basket is comprised of a pro rata slice of the ETF’s holdings equivalent to one Creation Unit. X.X. Xxxxxx’x ability to create the ETF Basket File is dependent upon its receipt from the Trust of a file reflecting the ETFs holdings (IBOR file).
c) Alternative calculation methodologies may be utilized if mutually agreed by the parties.
(ii) Transmission of a computer file in a form acceptable to NSCC containing each ETF Basket. For the avoidance of doubt, X.X. Xxxxxx shall not be liable, directly or indirectly, for any losses suffered by a third party, including any Authorized Participant, in connection with the services provided under this Schedule B - Appendix 1. ETF Agency Services Agreement – August 2021 Order Taker shall perform the below order taking services for the Trust in respect of each Fund and their respective ETF Series in its capacity as the order taker.
Establish Procedures. The Trust and Index Receipt Agent, from time to time, may establish written procedures for the processing and settlement and related activities effected for ETF Shares of each ETF Series through the Clearing Process and Outside the Clearing Process. In connection with the Index Receipt Agent Services set forth in Schedule B, X.X. Xxxxxx shall provide the following basket creation services:
(i) Calculation of the “ETF Basket,” which reflects the components and quantities of the securities comprising each ETF.
a) With respect to passive ETFs, the ETF Basket will be comprised of securities with weights mirroring the index the ETF tracks and X.X. Xxxxxx’x ability to calculate the ETF Basket is subject to its receipt of the index composition file from a third party index agent, currently Solactive.
b) With respect to active ETFs, the ETF Basket is comprised of a pro rata slice of the ETF’s holdings equivalent to one Creation Unit. X.X. Xxxxxx’x ability to create the ETF Basket File is dependent upon its receipt from Customer of a file reflecting the ETFs holdings (IBOR file).
c) Alternative calculation methodologies may be utilized if mutually agreed by the parties.
(ii) Transmission of a computer file in a form acceptable to NSCC containing each ETF Basket. For the avoidance of doubt, X.X. Xxxxxx shall not be liable, directly or indirectly, for any losses suffered by a third party, including any Authorized Participant, in connection with the services provided under this Schedule B - Appendix 1. Order Taker shall perform the below order taking services for the Trust in respect of each Fund and their respective ETF Series in its capacity as the order taker.
