Common use of Procedures for Orders Clause in Contracts

Procedures for Orders. The procedures for placing and executing Purchase Orders and Redemption Requests are described in the Prospectus for each Fund and in the AP Handbook. All Orders shall be placed and executed in accordance with the terms and procedures set forth in the Prospectus and the AP Handbook. Orders received in proper form in accordance with such terms and procedures shall be processed at the net asset value per Share of the relevant Fund next determined after such Order is received in proper form. The Participant agrees to comply with any and all requirements stated in the Prospectus and in the AP Handbook to the extent applicable to it. The Company reserves the right to revise or augment the procedures relating to the manner of purchasing or redeeming Creation Units. The Distributor will make commercially reasonable efforts to provide prior notice to the Participant of any changes to the AP Handbook with respect to the placement of Orders. Revised procedures shall not apply retroactively to Orders submitted prior to such change in procedure, unless required by applicable Law. The Participant agrees to comply with such procedures as they may be revised or augmented from time to time. Such revised or additional procedures may be implemented by the Company, with respect to any or all Fund, due to changing Law, market conditions, administrative or operational processes or requirements for new or existing Fund, or any other purposes. Any Fund may, subject to applicable Law, change the manner in which a Purchase Order and/or Redemption Request may be placed and/or executed by the Participant, including, without limitation, requiring that a Purchase Order or Redemption Request be cleared outside the CNS Clearing Process or any non-CNS Clearing Process.

Appears in 2 contracts

Samples: Authorized Participant Agreement (Impact Shares Trust I), Authorized Participant Agreement (Causeway ETMF Trust)

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Procedures for Orders. The procedures for placing and executing Purchase Orders execution of “Creation Orders” and Redemption Requests are described in the Prospectus for each Fund Series and in the AP HandbookHandbook (and any updates) which shall be provided by the Trust and Distributor. All Orders shall be placed and executed in accordance with the terms and procedures set forth in the Prospectus and the AP Handbook. Orders received in proper form in accordance with such said terms and procedures shall be processed at the net asset value per Share of the relevant Fund Series next determined after such said Order is received in proper form. The Participant agrees to comply with any and all requirements stated in the Prospectus and in the AP Handbook to the extent applicable to itthe Participant. The Company Trust reserves the right to revise or augment the procedures relating to the manner of purchasing creating or redeeming Creation Units. The Distributor will shall make commercially reasonable efforts to provide prior notice to the Participant of any material changes to the AP Handbook with respect to the placement of Orders. Revised procedures shall not apply retroactively to Orders submitted prior to such said change in procedure, unless required by applicable Law. The Participant agrees to comply with such these procedures as they these procedures may be revised or augmented from time to time. Such Said revised or additional procedures may be implemented by the CompanyTrust, with respect to any or all FundSeries, due to changing applicable Law, market conditions, administrative or operational processes processes, or requirements for new or existing FundSeries, or any other purposes. Any Fund maySeries, subject to applicable Law, may change the manner in which a Purchase Creation Order and/or Redemption Request may be placed and/or executed by the Participant, including, without limitation, requiring that a Purchase Creation Order or Redemption Request be cleared outside the CNS Clearing Process Process” or any non“Non-CNS Clearing Process” subject to approval by the Index Receipt Agent.

Appears in 2 contracts

Samples: Authorized Participant Agreement (Advisors' Inner Circle Fund), Authorized Participant Agreement (Advisors' Inner Circle Fund III)

Procedures for Orders. The procedures for placing and executing Purchase execution of Creation Orders and Redemption Requests are described in the Prospectus for each Fund Series and in the AP HandbookHandbook (and any updates) which shall be provided to the Trust. All Orders shall be placed and executed in accordance with the terms and procedures set forth in the Prospectus and the AP Handbook. Orders received in proper form in accordance with such terms and procedures shall be processed at the net asset value per Share of the relevant Fund Series next determined after such Order is received in proper form. The Participant agrees to comply with any and all requirements stated in the Prospectus and in the AP Handbook to the extent applicable to it. The Company Trust reserves the right to revise or augment the procedures relating to the manner of purchasing creating or redeeming Creation Units. The Distributor will make commercially reasonable efforts to provide prior notice to the Participant of any changes to the AP Handbook with respect to the placement of Orders. Revised procedures shall not apply retroactively to Orders submitted prior to such change in procedure, unless required by applicable Law. The Participant agrees to comply with such procedures as they may be revised or augmented from time to time. Such revised or additional procedures may be implemented by the CompanyTrust, with respect to any or all FundSeries, due to changing applicable Law, market conditions, administrative or operational processes or requirements for new or existing FundSeries, or any other purposes. Any Fund Series may, subject to applicable Law, change the manner in which a Purchase Creation Order and/or Redemption Request may be placed and/or executed by the Participant, including, without limitation, requiring that a Purchase Creation Order or Redemption Request be cleared outside the CNS Clearing Process or any non-CNS Clearing ProcessProcess subject to approval by the Index Receipt Agent.

Appears in 2 contracts

Samples: Authorized Participant Agreement (Krane Shares Trust), Authorized Participant Agreement (Pyxis Funds I)

Procedures for Orders. The procedures for placing and executing Purchase Orders execution of “Creation Orders” and Redemption Requests are described in the Prospectus for each Fund Series and in the AP HandbookHandbook (and any updates) which shall be provided by the Trust and Distributor. All Orders shall be placed and executed in accordance with the terms and procedures set forth in the Prospectus and the AP Handbook. Orders received in proper form in accordance with such said terms and procedures shall be processed at the net asset value per Share of the relevant Fund Series next determined after such said Order is received in proper form. The Participant agrees to comply with any and all requirements stated in the Prospectus and in the AP Handbook to the extent applicable to itthe Participant. The Company Trust reserves the right to revise or augment the procedures relating to the manner of purchasing creating or redeeming Creation Units. The Distributor will shall make commercially reasonable efforts to provide prior notice to the Participant of any material changes to the AP Handbook with respect to the placement of Orders. Revised procedures shall not apply retroactively to Orders submitted prior to such said change in procedure, unless required by applicable Law. The Participant agrees to comply with such these procedures as they these procedures may be revised or augmented from time to time. Such Said revised or additional procedures may be implemented by the CompanyTrust, with respect to any or all FundSeries, due to changing applicable Law, market conditions, administrative or operational processes processes, or requirements for new or existing FundSeries, or any other purposes. Nothing in this Agreement shall require the Participant to purchase Creation Units of any Series. Any Fund maySeries may change, subject to applicable LawLaw and provision of reasonable-advance public notice to the Participant of the change, change the manner in which a Purchase Creation Order and/or Redemption Request may be placed and/or executed by the Participant, including, without limitation, requiring that a Purchase Creation Order or Redemption Request be cleared outside the CNS Clearing Process Process” or any non“Non-CNS Clearing Process” subject to approval by the Index Receipt Agent.

Appears in 2 contracts

Samples: Authorized Participant Agreement (Quaker Investment Trust), Authorized Participant Agreement (Advisors' Inner Circle Fund II)

Procedures for Orders. The procedures for placing and executing Purchase Orders and Redemption Requests are described in the Prospectus for each Fund Series and in the AP Handbook. All Orders shall be placed and executed in accordance with the terms and procedures set forth in the Prospectus and the AP Handbook. Orders received in proper form in accordance with such terms and procedures shall be processed at the net asset value per Share of the relevant Fund Series next determined after such Order is received in proper form. The Participant agrees to comply with any and all requirements stated in the Prospectus and in the AP Handbook to the extent applicable to it. The Company reserves the right to revise or augment the procedures relating to the manner of purchasing or redeeming Creation Units. The Distributor will make commercially reasonable efforts to provide prior notice to the Participant of any changes to the AP Handbook with respect to the placement of Orders. Revised procedures shall not apply retroactively to Orders submitted prior to such change in procedure, unless required by applicable Law. The Participant agrees to comply with such procedures as they may be revised or augmented from time to time. Such revised or additional procedures may be implemented by the Company, with respect to any or all FundSeries, due to changing Law, market conditions, administrative or operational processes or requirements for new or existing FundSeries, or for any other purposes. Any Fund Series, may, subject to applicable Law, change the manner in which a Purchase Order and/or Redemption Request may be placed and/or executed by the Participant, including, without limitation, requiring that a Purchase Order or Redemption Request be cleared outside the CNS Clearing Process or any non-CNS Clearing Process.

Appears in 2 contracts

Samples: Authorized Participant Agreement, Authorized Participant Agreement (Huntington Strategy Shares)

Procedures for Orders. The procedures for placing and executing Purchase Orders and Redemption Requests are described in the Prospectus for each Fund Series and in the AP Handbook. All Orders shall be placed and executed in accordance with the terms and procedures set forth in the Prospectus and the AP Handbook. Orders received in proper form in accordance with such terms and procedures shall be processed at the net asset value per Share of the relevant Fund Series next determined after such Order is received in proper form. The Participant agrees to comply with any and all requirements stated in the Prospectus and in the AP Handbook to the extent applicable to it. The Company Trust reserves the right to revise or augment the procedures relating to the manner of purchasing or redeeming Creation Units. The Distributor will make commercially reasonable efforts to provide prior notice to the Participant of any changes to the AP Handbook with respect to the placement of Orders. Revised procedures shall not apply retroactively to Orders submitted prior to such change in procedure, unless required by applicable Law. The Participant agrees to comply with such procedures as they may be revised or augmented from time to time. Such revised or additional procedures may be implemented by the CompanyTrust, with respect to any or all FundSeries, due to changing Law, market conditions, administrative or operational processes or requirements for new or existing FundSeries, or any other purposes. Any Fund Series may, subject to applicable Law, change the manner in which a Purchase Order and/or Redemption Request may be placed and/or executed by the Participant, including, without limitation, requiring that a Purchase Order or Redemption Request be cleared outside the CNS Clearing Process or any non-CNS Clearing Process.

Appears in 1 contract

Samples: Authorized Participant Agreement (LocalShares Investment Trust)

Procedures for Orders. The procedures for placing and executing Purchase Orders execution of “Creation Orders” and Redemption Requests are described in the Prospectus for each Fund Series and in the AP HandbookHandbook (and any updates) which shall be provided by the Trust and Distributor. All Orders shall be placed and executed in accordance with the terms and procedures set forth in the Prospectus and the AP Handbook. Orders received in proper form in accordance with such terms and procedures shall be processed at the net asset value per Share of the relevant Fund Series next determined after such Order is received in proper form. The Participant agrees to comply with any and all requirements stated in the Prospectus and in the AP Handbook to the extent applicable to it. The Company Trust reserves the right to revise or augment the procedures relating to the manner of purchasing creating or redeeming Creation Units. The Distributor will make commercially reasonable efforts to provide prior notice to the Participant of any material changes to the AP Handbook with respect to the placement of Orders. Revised procedures shall not apply retroactively to Orders submitted prior to such change in procedure, unless required by applicable Law. The Participant agrees to comply with such procedures as they may be revised or augmented from time to time. Such revised or additional procedures may be implemented by the CompanyTrust, with respect to any or all FundSeries, due to changing applicable Law, market conditions, administrative or operational processes or requirements for new or existing FundSeries, or any other purposes. Any Fund Series may, subject to applicable Law, change the manner in which a Purchase Creation Order and/or Redemption Request may be placed and/or executed by the Participant, including, without limitation, requiring that a Purchase Creation Order or Redemption Request be cleared outside the CNS Clearing Process Process” or any non“Non-CNS Clearing Process” subject to approval by the Index Receipt Agent.

Appears in 1 contract

Samples: Authorized Participant Agreement (Cambria ETF Trust)

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Procedures for Orders. The procedures for placing and executing Purchase Orders execution of “Creation Orders” and Redemption Requests are described in the Prospectus for each Fund Series and in the AP HandbookHandbook (and any updates) which shall be provided by the Trust and Distributor. All Orders shall be placed and executed in accordance with the terms and procedures set forth in the Prospectus and the AP Handbook. Orders received in proper form in accordance with such said terms and procedures shall be processed at the net asset value per Share of the relevant Fund Series next determined after such said Order is received in proper form. The Participant agrees to comply with any and all requirements stated in the Prospectus and in the AP Handbook to the extent applicable to itthe Participant. The Company Trust reserves the right to revise or augment the procedures relating to the manner of purchasing creating or redeeming Creation Units. The Distributor will shall make commercially reasonable efforts to provide prior notice to the Participant of any material changes to the AP Handbook with respect to the placement of Orders. Revised procedures shall not apply retroactively to Orders submitted prior to such said change in procedure, unless required by applicable Law. The Participant agrees to comply with such these procedures as they these procedures may be revised or augmented from time to time. Such Said revised or additional procedures may be implemented by the CompanyTrust, with respect to any or all FundSeries, due to changing applicable Law, market conditions, administrative or operational processes processes, or requirements for new or existing FundSeries, or any other purposes. Any Fund maySeries, subject to applicable Law, may change the manner in which a Purchase Creation Order and/or Redemption Request may be placed and/or executed by the Participant, including, without limitation, requiring that a Purchase Creation Order or Redemption Request be cleared outside the CNS Clearing Process Process” or any non“Non-CNS Clearing Process” subject to approval by the Transfer Agent.

Appears in 1 contract

Samples: Authorized Participant Agreement (SEI Exchange Traded Funds)

Procedures for Orders. The procedures for placing and executing Purchase Orders and Redemption Requests are described in the Prospectus for each Fund Series and in the AP Handbook. All Orders shall be placed and executed in accordance with the terms and procedures set forth in the Prospectus and the AP Handbook. Orders received in proper form in accordance with such terms and procedures shall be processed at the net asset value per Share of the relevant Fund Series next determined after such Order is received in proper form. The Participant agrees to comply with any and all requirements stated in the Prospectus and in the AP Handbook to the extent applicable to it. The Company Trust reserves the right to revise or augment the procedures relating to the manner of purchasing or redeeming Creation Units. The Distributor will make commercially reasonable efforts to provide prior notice to the Participant of any material changes to the AP Handbook with respect to the placement of Orders. Revised procedures shall not apply retroactively to Orders submitted prior to such change in procedure, unless required by applicable Law. The Participant agrees to comply with such procedures as they may be revised or augmented from time to time. Such revised or additional procedures may be implemented by the CompanyTrust, with respect to any or all FundSeries, due to changing Law, market conditions, administrative or operational processes or requirements for new or existing FundSeries, or any other purposes. Any Fund Series may, subject to applicable Law, change the manner in which a Purchase Order and/or Redemption Request may be placed and/or executed by the Participant, including, without limitation, requiring that a Purchase Order or Redemption Request be cleared outside the CNS Clearing Process or any non-CNS Clearing Process.

Appears in 1 contract

Samples: Agency Services Agreement (J.P. Morgan Exchange-Traded Fund Trust)

Procedures for Orders. The procedures for placing and executing execution of Purchase Orders and Redemption Requests are described in the Prospectus for each Fund Series and in the AP HandbookHandbook (and any updates) which shall be provided to the Trust. All Orders shall be placed and executed in accordance with the terms and procedures set forth in the Prospectus and the AP Handbook. Orders received in proper form in accordance with such terms and procedures shall be processed at the net asset value per Share of the relevant Fund Series next determined after such Order is received in proper form. The Participant agrees to comply with any and all requirements stated in the Prospectus and in the AP Handbook to the extent applicable to it. The Company Trust reserves the right to revise or augment the procedures relating to the manner of purchasing or redeeming Creation Units. The Distributor will make commercially reasonable efforts to provide prior notice to the Participant of any changes to the AP Handbook with respect to the placement of Orders. Revised procedures shall not apply retroactively to Orders submitted prior to such change in procedure, unless required by applicable Law. The Participant agrees to comply with such procedures as they may be revised or augmented from time to time. Such revised or additional procedures may be implemented by the CompanyTrust, with respect to any or all FundSeries, due to changing applicable Law, market conditions, administrative or operational processes or requirements for new or existing FundSeries, or any other purposes. Any Fund Series may, subject to applicable Law, change the manner in which a Purchase Order and/or Redemption Request may be placed and/or executed by the Participant, including, without limitation, requiring that a Purchase Order or Redemption Request be cleared outside the CNS Clearing Process or any non-CNS Clearing Process.

Appears in 1 contract

Samples: Authorized Participant Agreement (Exchange Traded Concepts Trust)

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