Requests for Redemption. The Distributor shall issue to the DTC Participant an acknowledgment of receipt of an order to redeem Trust Shares in Creation Unit size aggregations within 15 minutes of its receipt of a Submission received in good form. In the event the DTC Participant does not receive a timely acknowledgment from the Distributor, it should contact the Distributor directly at the business number indicated.
Appears in 5 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)