STANDING REDEMPTION INSTRUCTIONS Sample Clauses

STANDING REDEMPTION INSTRUCTIONS. Part C to this Exhibit B contains the AP’s Standing Redemption Instructions, which include information identifying the account(s) into which Deposit Securities of each Fund and any other redemption proceeds should be delivered by the Trust pursuant to a Redemption Order. The accounts into which Teucrium Commodity Trust should deposit the securities constituting the Deposit Securities of each Fund upon redemption by the AP are set forth below: Account Name: Account Number: Other Reference Number: The following are the names, titles and signatures of all persons (each an “Authorized Person”) authorized to give instructions relating to any activity contemplated by this Agreement or any other notice, request or instruction on behalf of the AP pursuant to this Agreement. Title: Signature: Name: Title: Signature: Name: Title: Signature: The undersigned, [name], [title], [company], does hereby certify that the persons listed above have been duly elected to the offices set forth beneath their names, that they presently hold such offices, that they have been duly authorized to act as Authorized Persons of this institution in its capacity as an AP pursuant to the Agreement by and between Teucrium Commodity Trust, Teucrium Trading, LLC and _______________________ as AP dated [date] and that their signatures set forth above are their own true and genuine signatures. In witness whereof, the undersigned has hereby set his/her hand and the seal of [company]. Date: _________________ ___________________ [name, title] The undersigned, a duly authorized officer of Teucrium Trading, LLC, a Delaware limited liability company (the “Sponsor”), and pursuant to Section 15(d) of the Teucrium Commodity Trust Authorized Purchaser Agreement (the “Agreement”), dated as of _____________________, by and among the Sponsor, Teucrium Commodity Trust and [Authorized Purchaser], (“the Authorized Purchaser”), hereby certifies that: 1. Each of the following representations and warranties of the Sponsor is true and correct in all material respects as of the date hereof: (a) the Prospectus does not contain an untrue statement of a material fact or omit to state a material fact required to be stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading; the Registration Statement complies in all material respects with the requirements of the 1933 Act and the Prospectus complies in all material respects with the requirements of...
AutoNDA by SimpleDocs
STANDING REDEMPTION INSTRUCTIONS. Part C to this Exhibit B contains the AP’s Standing Redemption Instructions, which include information identifying the account(s) into which Deposit Securities of each Fund and any other redemption proceeds should be delivered by the Trust pursuant to a Redemption Order.
STANDING REDEMPTION INSTRUCTIONS. Annex V hereto contains the AP’s Standing Redemption Instructions, which includes information identifying the account(s) into which Deposit Securities of each Fund and any other redemption proceeds should be delivered by Trust pursuant to a Redemption Order. This Annex II-Part C supplements the Fund’s Prospectus with respect to the procedures to be used by the Distributor and Transfer Agent in processing an order for the creation or redemption of shares of any Fund of the Trust. A. The AP is required to have (i) signed an Authorized Participant Agreement and (ii) assigned a personal identification number to each Authorized Person that the AP has authorized to act for such AP. This will allow an AP through its Authorized Person(s) to place a creation or redemption order with respect to shares of any Fund of the Trust. B. The AP and Distributor shall implement the “Funds Flow Process” as agreed to by the parties from time to time. C. Note that trades placed through the NSCC/DTC may only occur on any day that NSCC/DTC is open for business (“NSCC/DTC Business Day”). ORIGINATOR ACTIVITY 1. The AP calls on BBH’s ETF Administrator recorded number to place a Share Creation and/or Redemption order. These trades are to be placed by 4:00 PM EST on any Listing Exchange Business Day. 1. The BBH - ETF Administrator greets caller. 2. AP identifies his/her name, the Institution he/she represents, and PIN #. The AP states the Fund name(s) and relevant ticker symbol(s). AP will identify and list any securities that will not be delivered or received in kind. AP will make alternate arrangements with the ETF Administrator to deliver or receive the value for those securities that cannot be delivered. AP and ETF Administrator will exchange delivery or receive instructions for any security being delivered outside of the CNS system. 2 BBH - ETF Administrator will confirm the AP’s PIN #. The BBH - ETF Administrator records the PIN # and the order, and provides the AP with an order confirmation number. The order confirmation constitutes a binding order, which may only be reversed by the ETF Administrator, the Distributor or the Fund. AP will make alternate arrangements with the ETF Administrator to deliver or receive the value for those securities that cannot be delivered. AP and ETF Administrator will exchange delivery or receive instructions for any security being delivered outside of the CNS system. 3. AP will Fax a copy of the order form to the BBH ETF Administrator within 15 mi...
STANDING REDEMPTION INSTRUCTIONS. Annex V hereto contains the AP’s Standing Redemption Instructions, which includes information identifying the account(s) into which Deposit Securities of the Fund and any other redemption proceeds should be delivered by Company pursuant to a Redemption Order. FUNDS FLOW PROCESS This Annex II-Part C supplements the Fund’s Prospectus with respect to the procedures to be used by the Distributor and Transfer Agent in processing an order for the creation or redemption of Shares of the Fund. A. The AP is required to have (i) signed an Authorized Participant Agreement for Fund and (ii) assigned a personal identification number to each Authorized Person that the AP has authorized to act for such AP. This will allow an AP through its Authorized Person(s) to place a creation or redemption order with respect to Shares of any Fund of the Company. B. The AP and Distributor shall implement the “Funds Flow Process” as agreed to by the parties from time to time. C. Note that trades placed through the NSCC/DTC may only occur on any day that NSCC/DTC is open for business (“NSCC/DTC Business Day”) .
STANDING REDEMPTION INSTRUCTIONS. Annex V hereto contains the AP's Standing Redemption Instructions, which includes information identifying the account(s) into which Deposit Securities of each Fund and any other redemption proceeds should be delivered by Trust pursuant to a Redemption Order. ANNEX II -- PART C TO AUTHORIZED PARTICIPANT AGREEMENT FOR _____________ SM TRUST _____________ FUNDS FLOW PROCESS This Annex II-Part C supplements the Trust's Prospectus with respect to the procedures to be used by the Distributor and Transfer Agent in processing an order for the creation or redemption of Shares of any Fund of the Trust. A. The AP is required to have (i) signed an Authorized Participant Agreement for _____________ Trust and (ii) assigned a personal identification number to each Authorized Person that the AP has authorized to act for such AP. This will allow an AP through its Authorized Person(s) to place a creation or redemption order with respect to Shares of any Fund of the Trust. B. The AP and Distributor shall implement the "_____________ Funds Flow Process" as agreed to by the parties from time to time. C. Note that trades placed through the NSCC may only occur on any day that NSCC is open for business ("NSCC Business Day") . _____________ FUNDS FLOW PROCESS -------------------------------------------------------------------------------- ORIGINATOR ACTIVITY -------------------------------------------------------------------------------- 1. AP calls on Distributor's recorded 1-800 number to place a Share Creation and/or Redemption order. These trades are to be placed by 4:00 PM EST on any NSCC Business Day. 1. The _____________ Telephone Representative greets caller. 2. AP identifies his/her name, the Institution he/she represents, and PIN #. The AP confirms his/her PIN # when the _____________ Telephone Representative asks for a confirmation. 3. When asked by the _____________ Telephone Representative, the AP will confirm that the trades to be placed will not raise the AP's holding to 80% or more of any Fund. 2. Telephone Representative selects the AP from drop down box to pull up the account registration and list of Authorized Participants and their Authorized Persons. The _____________ Telephone Representative verifies that the caller is authorized to place trades on behalf of that institution. The _____________ Telephone Representative then asks the AP for his/her PIN #. The _____________ Telephone Representative types the number, which will be alpha numeric into the database....
STANDING REDEMPTION INSTRUCTIONS. The Annexes hereto contain the AP’s Standing Redemption Instructions, which includes information identifying the account(s) into which Deposit Securities of each Trust and any other redemption proceeds should be delivered by the Trustee pursuant to a Redemption Order. This description of the Trust’s funds flow process supplements the Trust’s Prospectus with respect to the procedures to be used by the Distributor and Transfer Agent in processing an order for the creation or redemption of the Trust. A. The AP is required to have (i) signed an Authorized Participant Agreement for the Trust and (ii) assigned a personal identification number to each Authorized Person that the AP has authorized to act for such AP. This will allow an AP through its Authorized Person(s) to place a creation or redemption order with respect to Shares of the Trust. B. The AP and Distributor shall implement the “Funds Flow Process” as agreed to by the parties from time to time. C. Note that trades placed through the NSCC/DTC may only occur on any day that NSCC/DTC is open for business (“NSCC/DTC Business Day”).
STANDING REDEMPTION INSTRUCTIONS. Annex V hereto contains the AP’s Standing Redemption Instructions, which includes information identifying the account(s) into which Deposit Securities of each Fund and any other redemption proceeds should be delivered by Company pursuant to a Redemption Order.
AutoNDA by SimpleDocs
STANDING REDEMPTION INSTRUCTIONS. Annex V hereto contains Participant's -------------------------------- Standing Redemption Instructions, which includes information identifying the account(s) into which Deposit Securities of each Index Series and any other redemption proceeds should be delivered by Fund pursuant to a Redemption Order. ANNEX II -- PART C FLOW PROCESS This Annex II supplements the Fund's Prospectus with respect to the procedures to be used by the Distributor and Transfer Agent in processing an order for the creation or redemption of iShares. A Participant is required to have signed the Participant Agreement. assign a personal identification number to each Authorized Participant authorized to act for the Participant. This will allow a Participant through its Authorized Participant(s) to place a creation or redemption order with respect to iShares. The Authorized Participant and Distributor shall implement the "Exchange Traded Funds Flow Process" as agreed to by the parties from time to time.
STANDING REDEMPTION INSTRUCTIONS. Annex VI hereto contains the Participant's Standing Redemption Instructions, which includes information identifying the account(s) into which Deposit Securities of each Index Series and any other redemption proceeds should be delivered by the Fund pursuant to a Redemption Order. ANNEX III WEBS INDEX FUND, INC. FORM OF IRREVOCABLE PURCHASE ORDER CONTACT INFORMATION FOR PURCHASE ORDER EXECUTION Telephone Purchase Order Number: (800) 273-0120 Business Number: (617) 557-3400 Facsimile Number: (600) 000-0000 ALL ITEMS IN PART I XXXX XX XXXXXETED BY THE PARTICIPXXX. XXX XXXXRIBUTOR, IN ITS DISCRETION, MAY REJECT ANY PURCHASE ORDER NOT SUBMITTED IN PROPER FORM. SEE THE FUND'S PROSPECTUS AND STATEMENT OF ADDITIONAL INFORMATION. I. TO BE COMPLETED BY PARTICIPANT Date: ______________ Time: ______________ Participant Name: _______________________________
STANDING REDEMPTION INSTRUCTIONS. Annex V hereto contains the AP’s Standing Redemption Instructions, which include information identifying the account(s) into which Deposit Securities of each Fund and any other redemption proceeds should be delivered by the Trust pursuant to a Redemption Order. This Annex IIPart C supplements the Fund’s Prospectus with respect to the procedures to be used by the Distributor and the Transfer Agent in processing an order for the creation or redemption of Shares of any Fund of the Trust. A. The AP is required to have (i) signed an Authorized Participant Agreement for a Fund and (ii) assigned a personal identification (PIN) number to each Authorized Person that the AP has authorized to act for such AP. This will allow an AP through its Authorized Person(s) to place a creation or redemption order with respect to Shares of any Fund of the Trust. The Transfer Agent agrees promptly to de-activate a PIN upon receipt of written notice by an AP that an individual to whom a PIN was assigned is no longer an Authorized Person. B. The AP and the Distributor shall implement the “Funds Flow Process” as agreed to by the parties from time to time. C. Note that trades placed through NSCC/DTC may only occur on any day that NSCC/DTC is open for business (“NSCC/DTC Business Day”).
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!