Common use of One Account Clause in Contracts

One Account. The Participant understands that Shares of any Fund may be redeemed only when one or more Creation Units are held in the account of a single Participant.

Appears in 9 contracts

Sources: Authorized Participant Agreement (Segall Bryant & Hamill Trust), Authorized Participant Agreement (Texas Capital Funds Trust), Authorized Participant Agreement (Capitol Series Trust)

One Account. The Participant understands that Shares of any Fund may be redeemed only when one or more Creation Units are held in the account of a single Participantthe Participant as of the relevant Contractual Settlement Date.

Appears in 3 contracts

Sources: Authorized Participant Agreement (Arrow ETF Trust), Authorized Participant Agreement (Arrow Investments Trust), Authorized Participant Agreement (Uncommon Investment Funds Trust)