NOTES FOR TRUSTEE AND DEPOSITORY (REDEMPTION T). R1.3.1 The Trustee will deliver the authenticated electronic message (SWIFT MT202) to the Depository on REDEMPTION T+1 only after confirming the Trustee’s receipt of Shares from the Authorized Participant through DTC.
Appears in 8 contracts
Samples: Participant Agreements (Currencyshares Canadian Dollar Trust), Participant Agreements (Currencyshares Australian Dollar Trust), Participant Agreements (Currencyshares Euro Trust)
NOTES FOR TRUSTEE AND DEPOSITORY (REDEMPTION T). R1.3.1 The Trustee will deliver the authenticated electronic message (SWIFT MT202) to the Depository on REDEMPTION T+1 only after confirming the Trustee’s receipt of redemption Shares from or collateral consisting of cash in U.S. Dollars having a value at least equal to 105 % of the Authorized Participant through DTC.NAV per Share of the redemption Shares to be delivered
Appears in 2 contracts
Samples: Participant Agreement (Invesco CurrencyShares Chinese Renminbi Trust), Currencyshares Chinese Renminbi Trust
NOTES FOR TRUSTEE AND DEPOSITORY (REDEMPTION T). R1.3.1 R1.4.1 The Trustee will only deliver the authenticated electronic message (SWIFT MT202) to the Depository on REDEMPTION T+1 only T+2 after confirming the Trustee’s receipt of Shares from the Authorized Participant through DTC.
Appears in 1 contract
Samples: Participant Agreements (Currencyshares British Pound Sterling Trust)
