Common use of RELEVANT CASH AMOUNTS Clause in Contracts

RELEVANT CASH AMOUNTS. Creation Units of the Fund will be sold for and redeemed in cash only (U.S. dollars), calculated based on the net asset value per share multiplied by the number of Shares representing a Creation Unit next calculated following the receipt of the order (“Deposit Cash”), plus a calculated transaction fee, as discussed below (collectively, the “Cash Payment”).

Appears in 4 contracts

Samples: Participant Agreement (PowerShares India Exchange-Traded Fund Trust), Participant Agreement (PowerShares India Exchange-Traded Fund Trust), Participant Agreement (PowerShares India Exchange-Traded Fund Trust)

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