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

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 British Pounds that must be deposited in the Deposit Account no later than 2:30 p.m. London time on CREATION T+2. C2 CREATION T+1

Appears in 8 contracts

Samples: Participant Agreements (Currencyshares Euro Trust), Participant Agreements (Currencyshares Swiss Franc Trust), Participant Agreements (Currencyshares Japanese Yen Trust)

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