NOTES FOR TRUSTEE AND DEPOSITORY. (REDEMPTION T) 3.1 On REDEMPTION T, the Trustee will prepare an authenticated electronic message (SWIFT MT202) containing instructions specifying REDEMPTION T+3 as the date on which the instructions will be executed. R1.3.2 The Trustee will deliver the authenticated electronic message (SWIFT MT202) to the Depository on REDEMPTION T+2 only after confirming the Trustee’s receipt of Shares from the Authorized Participant through DTC. R2 REDEMPTION T+1 R2.1 Redemption Orders and related instructions are in process.
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Samples: Participant Agreement (Currencyshares Australian Dollar Trust), Participant Agreement (Currencyshares Japanese Yen Trust)
NOTES FOR TRUSTEE AND DEPOSITORY. (REDEMPTION T)
3.1 On REDEMPTION T, the 4.1 The Trustee will prepare an authenticated electronic message (SWIFT MT202MT202 or MT103plus) containing instructions on REDEMPTION T specifying REDEMPTION T+3 as the date on which the instructions will be executed.
R1.3.2 R1.4.2 The Trustee will only deliver the authenticated electronic message (SWIFT MT202) to the Depository on REDEMPTION T+2 only T+3 after confirming the Trustee’s receipt of Shares from the Authorized Participant through DTC. R2 REDEMPTION T+1 R2.1 Redemption Orders and related instructions are in process.
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Samples: Participant Agreement (Currencyshares British Pound Sterling Trust)
NOTES FOR TRUSTEE AND DEPOSITORY. (REDEMPTION T)
3.1 On REDEMPTION T, the 4.1 The Trustee will prepare an authenticated electronic message (SWIFT MT202) containing instructions on REDEMPTION T specifying REDEMPTION T+3 as the date on which the instructions will be executed.
R1.3.2 R1.4.2 The Trustee will only deliver the authenticated electronic message (SWIFT MT202) to the Depository on REDEMPTION T+2 only T+3 after confirming the Trustee’s receipt of Shares from the Authorized Participant through DTC. R2 REDEMPTION T+1 R2.1 Redemption Orders and related instructions are in process.
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Samples: Participant Agreement (Currencyshares Canadian Dollar Trust)
NOTES FOR TRUSTEE AND DEPOSITORY. (REDEMPTION T)
3.1 On REDEMPTION T, the 4.1 The Trustee will prepare an authenticated electronic message (SWIFT MT202MT202 ) containing instructions on REDEMPTION T specifying REDEMPTION T+3 as the date on which the instructions will be executed.
R1.3.2 R1.4.2 The Trustee will only deliver the authenticated electronic message (SWIFT MT202) to the Depository on REDEMPTION T+2 only T+3 after confirming the Trustee’s receipt of Shares from the Authorized Participant through DTC. R2 REDEMPTION T+1 R2.1 Redemption Orders and related instructions are in process.
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