Common use of NSCC Authorization Clause in Contracts

NSCC Authorization. Solely with respect to Orders processed through the CNS Clearing Process, the Participant, as a Participating Party, hereby authorizes the Index Receipt Agent to transmit to the NSCC on behalf of the Participant instructions, including, without limitation, instructions regarding the transfer of Deposit Securities, Cash Amounts, and Cash Components, consistent with the Order instructions issued by the Participant to the Distributor. The Participant agrees to be bound by the terms of said instructions issued by the Index Receipt Agent and reported to NSCC as though said instructions were issued by the Participant directly to NSCC.

NSCC Authorization. Solely with respect to Orders processed through the CNS Clearing Process, the Participant, as a Participating Party, hereby authorizes the Index Receipt Agent to transmit to the NSCC on behalf of the Participant such instructions, including, without limitation, instructions regarding including amounts of the transfer of Deposit Securities, Securities and the Cash Amounts, and Amount or All Cash Components, Payment as are necessary consistent with the Order instructions issued by the Participant to the Distributorsuch Orders. The Participant agrees to be bound by the terms of said such instructions issued by the Index Receipt Agent (to the extent consistent with Participant’s instructions) and reported to NSCC as though said such instructions were issued by the Participant directly to NSCC.

NSCC Authorization. Solely with respect to Orders processed through the CNS Clearing Process, the Participant, as a Participating Party, hereby authorizes the Index Receipt Agent to transmit to the NSCC on behalf of the Participant such instructions, including, without limitation, instructions regarding including amounts of the transfer of Deposit Securities, Securities and the Cash Amounts, and Amount or All Cash Components, Payment as are necessary consistent with the Order instructions issued by the Participant to the Distributorsuch Orders. The Participant agrees to be bound by the terms of said such instructions issued by the Index Receipt Agent and reported to NSCC as though said such instructions were issued by the Participant directly to NSCC.

NSCC Authorization. Solely with respect to Orders processed through the CNS Clearing Process, the Participant, as a Participating Party, hereby authorizes the Index Receipt Agent Fund or its designee to transmit to the NSCC on behalf of the Participant such instructions, including, without limitation, instructions regarding including amounts of the transfer of Deposit Securities, Securities and the Cash Amounts, and Cash Components, Amount consistent with the Order instructions issued by the Participant to the Distributorsuch Orders. The Participant agrees to be bound by the terms of said such instructions issued by the Index Receipt Agent Fund or its designee and reported to NSCC as though said such instructions were issued by the Participant directly to NSCC.

NSCC Authorization. Solely with respect to Orders processed through the CNS Clearing Process, the Participant, as a Participating Party, hereby authorizes the Index Receipt Agent to transmit to the NSCC on behalf of the Participant such instructions, including, without limitation, instructions regarding including amounts of the transfer of Deposit Securities, Securities and the Cash Amounts, and Amount or All Cash Components, Payment as are necessary consistent with the Order instructions issued by the Participant to the Distributorsuch Orders. The Participant agrees to be bound by the terms of said such instructions issued by the Index Receipt Agent (to the extent consistent with Participant's instructions) and reported to NSCC as though said such instructions were issued by the Participant directly to NSCC.