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

NOTES FOR TRUSTEE (CREATION T). 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 Swiss Francs that must be deposited in the Deposit Account no later than 3:30 p.m. Zurich time on CREATION T+2. C2 CREATION T+1

Appears in 5 contracts

Samples: Participant Agreements (Currencyshares Euro Trust), Participant Agreements (Currencyshares Canadian Dollar Trust), Participant Agreements (Currencyshares Australian Dollar Trust)

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NOTES FOR TRUSTEE (CREATION T). 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 Swiss Francs that must be deposited in the Deposit Account no later than 3:30 p.m. Zurich time on CREATION T+2. C2 CREATION T+1

Appears in 1 contract

Samples: Participant Agreements (Currencyshares Swiss Franc Trust)

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