PROCESSING A PURCHASE ORDER. During the telephone call, the Transfer Agent will request that the AP state that the AP will not own 80% or more of the Shares of the Trust upon execution of the Purchase Order. If the AP is not able to so confirm, the Transfer Agent has the right to not accept the Purchase Order.
Appears in 4 contracts
Samples: Participant Agreement (Invesco QQQ Trust, Series 1), Participant Agreement (Invesco BLDRS Index Funds Trust), Participant Agreement (Powershares QQQ Trust, Series 1)
PROCESSING A PURCHASE ORDER. During the telephone call, the Transfer Agent will request that the AP state that the AP will not own 80% or more of the Shares of the Trust any Fund upon execution of the Purchase Order. If the AP is not able to so confirm, the Transfer Agent has the right to not accept the Purchase Order.
Appears in 1 contract
