PROCESSING A PURCHASE ORDER. During the telephone call, BNY ETF Administrator will request that the AP state that the AP will not own 80% or more of the Shares of any Fund upon execution of the Purchase Order. If the AP is not able to so confirm, BNY ETF Administrator has the right to not accept the Purchase Order.
Appears in 7 contracts
Samples: Authorized Participant Agreement (ALPS ETF Trust), Authorized Participant Agreement (ALPS ETF Trust), Authorized Participant Agreement (Ook Inc)
PROCESSING A PURCHASE ORDER. During the telephone call, BNY BBH ETF Administrator will request that the AP state that the AP will not own 80% or more of the Shares shares of any Fund upon execution of the Purchase Order. If the AP is not able to so confirm, BNY BBH ETF Administrator has the right to not accept the Purchase Order.
Appears in 1 contract
PROCESSING A PURCHASE ORDER. During the telephone call, the BNY ETF Administrator will request that the AP state that the AP will not own 80% or more of the Shares of any Fund upon execution of the Purchase Order. If the AP is not able to so confirm, the BNY ETF Administrator has the right to not accept the Purchase Order.
Appears in 1 contract
Samples: Authorized Participant Agreement for Grail Advisors Etf Trust (Grail Advisors ETF Trust)
