Orders’ Compilation and Publication Sample Clauses

Orders’ Compilation and Publication. 1. The Distributor, on behalf of the Trust, shall enter into an Authorized Participant Agreement with each Authorized Participant, which shall be delivered to ▇.▇. ▇▇▇▇▇▇ and which ▇.▇. ▇▇▇▇▇▇, in its capacity as the Order Taker and Transfer Agent, shall acknowledge. 2. Each business day, the Order Taker will submit to the Index Receipt Agent a computer generated file containing the Balancing Amount and the Transaction Fee for each ETF Series (the “Create/Redeem File”). The Order Taker will also transmit the Create/Redeem File to the Custodian in accordance with the Prospectus to the Trust to set up instructions to deposit, withdraw and/or settle ETF Shares through DTC. The Create/Redeem File will also identify the relevant Authorized Participant to enable the generation of the ETF Share delivery instructions to such Authorized Participant. 3. The Trust, on behalf of each ETF Series, understands and agrees to be bound by all the rules and procedures of NSCC and DTC, as though it were the member or participant of such clearing and settlement systems.