NOTES FOR TRUSTEE (CREATION T). C1.5.1 If an Authorized Participant has placed its Purchase Order with the Trustee on CREATION T using the Trustee’s electronic order entry system, by 6:00 p.m. NYC time the Trustee will send an email message to the Authorized Participant indicating the approximate total amount of Australian Dollars that must be deposited in the Deposit Account no later than 3:30 p.m. NYC time on CREATION T+1 (usually 5:30 a.m. the following day Melbourne time).
Appears in 6 contracts
Samples: Participant Agreements (Currencyshares Euro Trust), Participant Agreements (Currencyshares British Pound Sterling Trust), Participant Agreements (Currencyshares Canadian Dollar Trust)
NOTES FOR TRUSTEE (CREATION T). C1.5.1 If an Authorized Participant has placed its Purchase Order with the Trustee on CREATION T using the Trustee’s electronic order entry system, by 6:00 p.m. NYC time the Trustee will send an email message to the Authorized Participant indicating the approximate total amount of Australian Dollars that must be deposited in the Deposit Account no later than 3:30 p.m. NYC time on CREATION T+1 (usually 5:30 a.m. the following day Melbourne time).. C2 CREATION T+1
Appears in 3 contracts
Samples: Participant Agreements (Currencyshares Swedish Krona Trust), Participant Agreements (Currencyshares Japanese Yen Trust), Participant Agreement (Invesco CurrencyShares Australian Dollar Trust)
