Common use of Rights and Obligations as DTC Participant Clause in Contracts

Rights and Obligations as DTC Participant. The Participant agrees that in connection with any transactions in which it acts for a Participant Client, including, without limitation, for any other DTC Participant or indirect participant, or any other beneficial owner of Shares (each, a “Beneficial Owner”), that it shall extend to any such party all of the rights, and shall be bound by all of the obligations, of a DTC Participant, in addition to any obligations that it undertakes hereunder or in accordance with the Prospectus.

Appears in 24 contracts

Samples: Authorized Participant Agreement (Valkyrie ETF Trust II), Participant Agreement (Natixis ETF Trust), Participant Agreement (ALPS ETF Trust)

AutoNDA by SimpleDocs

Rights and Obligations as DTC Participant. The Participant agrees that in connection with any transactions in which it acts for a Participant Client, including, without limitation, for any other DTC Participant or indirect participant, or any other beneficial owner of Shares (each, a "Beneficial Owner"), that it shall extend to any such party all of the rights, and shall be bound by all of the obligations, of a DTC Participant, in addition to any obligations that it undertakes hereunder or in accordance with the Prospectus.

Appears in 3 contracts

Samples: Participant Agreement (Select Sector SPDR Trust), Participant Agreement (SPDR INDEX SHARES FUNDS (Formerly streetTRACKS Index Shares Funds)), Participant Agreement (SPDR Series Trust)

AutoNDA by SimpleDocs

Rights and Obligations as DTC Participant. The In executing this Agreement, the Participant agrees that agrees, in connection with any purchase or redemption transactions in which it acts for a Participant Client, including, without limitation, customer or for any other DTC Participant or indirect participant, or any other beneficial owner of Shares (each, a “Beneficial Owner”), that it shall extend to any such party all of the rights, and shall be bound by all of the obligations, of a DTC Participant, in addition to any obligations that it undertakes hereunder or in accordance with the Prospectus.

Appears in 3 contracts

Samples: Authorized Participant Agreement, Authorized Participant Agreement (PIMCO ETF Trust), Authorized Participant Agreement (PIMCO ETF Trust)

Time is Money Join Law Insider Premium to draft better contracts faster.