Common use of Exchange Order Clause in Contracts

Exchange Order. (a) All orders to exchange Holding Shares into their related Tradeable Shares or exchange Tradeable Shares into their related Holding Shares shall be made in accordance with the terms of the applicable Trust Agreements, this Participants Agreement and the Exchange Procedures. Each party will comply with such foregoing terms and procedures to the extent applicable. Each Authorized Participant hereby consents to the use of recorded telephone lines whether or not such use is reflected in the Exchange Procedures. The Trustee, the Administrative Agent and the Depositor may issue additional or other procedures from time to time relating to the manner of exchanging Holding Shares or exchanging Tradeable Shares, which are not related to the Exchange Procedures, and each Authorized Participant shall comply with such procedures.

Exchange Order. (a) All orders to exchange Holding Shares into their related Tradeable Shares or exchange Tradeable Shares into for their related Holding Shares shall be made in accordance with the terms of the applicable Trust Agreements, this Participants Agreement and the Exchange Procedures. Each party will comply with such foregoing terms and procedures to the extent applicable. Each Authorized Participant hereby consents to the use of recorded telephone lines whether or not such use is reflected in the Exchange Procedures. The Trustee, the Administrative Agent and the Depositor may issue additional or other procedures from time to time relating to the manner of exchanging Holding Shares or exchanging Tradeable Shares, which are not related to the Exchange Procedures, and each Authorized Participant shall comply with such procedures.