Common use of NOTES FOR TRUSTEE (CREATION T) Clause in Contracts

NOTES FOR TRUSTEE (CREATION T). C1.5.1 Based on the Purchase Orders placed with it on CREATION T, the Trustee sends an authenticated electronic message (SWIFT MT210) to the Depository (by T+1) indicating the approximate total amount of Canadian Dollars that the Depository will receive from the Authorized Participant on CREATION T+3. C2 CREATION T+1 C2.1 The Purchase Orders and instructions given on CREATION T are all pending with the Trustee.

NOTES FOR TRUSTEE (CREATION T). C1.5.1 Based on the Purchase Orders placed with it on CREATION T, the Trustee sends an authenticated electronic message (SWIFT MT210) to the Depository (by T+1) indicating the approximate total amount of Canadian Dollars that the Depository will receive from the Authorized Participant on CREATION T+3. C2 CREATION T+1 C2.1 The Purchase Orders and instructions given on CREATION T are all pending with the Trustee.T+1