Purchase and Redemption Trading Sample Clauses

Purchase and Redemption Trading. The Trust Company will utilize the NSCC platform either via the Defined Contribution Platform or in a T+1 trading environment. Purchase and redemption trades will process through the Trust Company’s administration system and delivered to Series Trust via the NSCC in accordance with the applicable NSCC Rules and applicable deadlines agreed to by the parties (“Applicable Deadlines”) for such purchase and redemption trades. If the Trust Company misses an applicable transmission deadline it may request to submit the trade by 7:30am on T+1. Otherwise, the Trust Company should present the order for the next available NAV. The Trust Company should not submit any as- of transaction requests via the NSCC or manually.