Common use of PROCEDURES SPECIFIC TO CUSTOM BASKETS Clause in Contracts

PROCEDURES SPECIFIC TO CUSTOM BASKETS. To accommodate Participants with restricted securities in the standard basket of a Fund, State Street has developed custom creation and redemption baskets (the "Custom Baskets"). Custom Baskets are intended to allow Participants with restricted issues in a particular Fund, to transact in that Fund using the Custom Basket process. The Custom Basket process substitutes cash-in-lieu for the restricted securities 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 to allow them to receive Custom Baskets as well as the regular daily standard baskets (the "Standard Baskets"). To ensure proper tracking of the Fund to its benchmark index the following guidelines must be followed when transacting Custom Baskets:

Appears in 3 contracts

Samples: Participant Agreement (Sector SPDR Trust), Participant Agreement (Streettracks Series Trust), Participant Agreement (Streettracks Series Trust)

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PROCEDURES SPECIFIC TO CUSTOM BASKETS. To accommodate Participants with restricted securities in the standard basket of a Fund, State Street has developed custom creation and redemption baskets (the "Custom Baskets"). Custom Baskets are intended to allow Participants with restricted issues in a particular Fund, to transact in that Fund using the Custom Basket process. The Custom Basket process substitutes cash-in-lieu for the restricted securities 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 0-000-000-0000 to allow them to receive Custom Baskets as well as the THE regular daily standard baskets (the "Standard Baskets"). To ensure proper tracking of the Fund to its benchmark index the following guidelines must be followed when transacting Custom Baskets:

Appears in 1 contract

Samples: Participant Agreement (Rydex Etf Trust)

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PROCEDURES SPECIFIC TO CUSTOM BASKETS. To accommodate Participants with restricted securities in the standard basket of a Fund, State Street has developed custom creation and redemption baskets (the "Custom Baskets"). Custom Baskets are intended to allow Participants with restricted issues in a particular Fund, to transact in that Fund using the Custom Basket process. The Custom Basket process substitutes cash-in-lieu for the restricted securities and continues to settle through the standard CNS process at NSCCsecurities. It is the responsibility of the Participant to apply to the NSCC by contacting DTCC Participant Relationship Services Group at 0-000-000-0000 to allow them to receive Custom Baskets as well as the regular daily standard baskets (the "Standard Baskets"). To ensure proper tracking of the Fund to its benchmark index the following guidelines must be followed when transacting Custom Baskets:

Appears in 1 contract

Samples: Participant Agreement (Streettracks Series Trust)

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