Common use of PROCEDURES SPECIFIC TO CUSTOM BASKETS Clause in Contracts

PROCEDURES SPECIFIC TO CUSTOM BASKETS. The Fund has developed custom creation, redemption and other non-typical baskets (the “Custom Baskets”). Custom Baskets are intended to allow the Participant to transact in a Fund and other non-standard baskets using the Custom Basket process. The Custom Basket process allows for cash-in-lieu for certain securities as well as non-typical baskets and continues to settle through the standard CNS process at NSCC. It is the responsibility of the Participant to apply to the NSCC by contacting DTCC Participant Services at 000-000-0000 and the Transfer Agent at 000-000-0000 to allow them to receive Custom Baskets as well as the regular daily standard baskets (the “Standard Baskets”). To ensure proper tracking of a Fund to its benchmark index the following guidelines must be followed when transacting Custom Baskets:

Appears in 49 contracts

Samples: Participant Agreement (PowerShares India Exchange-Traded Fund Trust), Participant Agreement (PowerShares Exchange-Traded Fund Trust II), Participant Agreement (Powershares Actively Managed Exchange-Traded Fund Trust)

AutoNDA by SimpleDocs

PROCEDURES SPECIFIC TO CUSTOM BASKETS. The Fund has developed custom creation, redemption and other non-typical baskets (the “Custom Baskets”). Custom Baskets are intended to allow the Participant Participants to transact in a that Fund and other non-standard baskets using the Custom Basket process. The Custom Basket process allows for cash-in-lieu for certain securities as well as non-typical baskets and continues to settle through the standard CNS process at NSCC. It is the responsibility of the Participant to apply to the NSCC by contacting DTCC Participant Services at 000-000-0000 and the Transfer Agent at 000-000-0000 or 4970 to allow them to receive Custom Baskets as well as the regular daily standard baskets (the “Standard Baskets”). To ensure proper tracking of a the Fund to its benchmark index the following guidelines must be followed when transacting Custom Baskets:

Appears in 5 contracts

Samples: Participant Agreement (Powershares Actively Managed Exchange-Traded Fund Trust), Participant Agreement (PowerShares Global Exchange-Traded Fund Trust), Participant Agreement (Powershares Actively Managed Exchange-Traded Fund Trust)

PROCEDURES SPECIFIC TO CUSTOM BASKETS. The Fund has developed custom creation, redemption and other non-typical baskets (the “Custom Baskets”). ) Custom Baskets are intended to allow the Participant Participants to transact in a that Fund and other non-standard baskets using the Custom Basket process. The Custom Basket process allows for cash-in-lieu for certain securities as well as non-typical baskets and continues to settle through the standard CNS process at NSCC. It is the responsibility of the Participant to apply to the NSCC by contacting DTCC Participant Services at 000-000-0000 and the Transfer Agent at 000-000-0000 or 4970 to allow them to receive Custom Baskets as well as the regular daily standard baskets (the “Standard Baskets”). To ensure proper tracking of a the Fund to its benchmark index the following guidelines must be followed when transacting Custom Baskets:

Appears in 4 contracts

Samples: Participant Agreement (Powershares Actively Managed Exchange-Traded Fund Trust), Participant Agreement (Powershares Actively Managed Exchange-Traded Fund Trust), Participant Agreement (Powershares Actively Managed Exchange-Traded Fund Trust)

AutoNDA by SimpleDocs

PROCEDURES SPECIFIC TO CUSTOM BASKETS. The Fund has developed custom creation, redemption and other non-typical baskets (the “Custom Baskets”). Custom Baskets are intended to allow the Participant to transact in a Fund and other non-standard baskets using the Custom Basket process. The Custom Basket process allows for cash-in-lieu for certain securities as well as non-typical baskets and continues to settle through the standard CNS process at NSCC. It is the responsibility of the Participant to apply to the NSCC by contacting DTCC Participant Services at 000200-000-0000 and the Transfer Agent at 000700-000-0000 to allow them to receive Custom Baskets as well as the regular daily standard baskets (the “Standard Baskets”). To ensure proper tracking of a Fund to its benchmark index the following guidelines must be followed when transacting Custom Baskets:

Appears in 1 contract

Samples: Participant Agreement (Invesco Actively Managed Exchange-Traded Commodity Fund Trust)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!