Common use of Termination of Authority Clause in Contracts

Termination of Authority. Upon the termination or revocation of authority of such Authorized Person by the Participant, the Participant shall give prompt written notice of such fact to the Distributor, Transfer Agent and the Trust and such notice shall be effective upon receipt by the Distributor, Transfer Agent and the Trust.

Appears in 24 contracts

Samples: Authorized Participant Agreement (MFS Active Exchange Traded Funds Trust), Authorized Participant Agreement (Valkyrie ETF Trust II), Participant Agreement (ALPS ETF Trust)

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Termination of Authority. Upon the termination or revocation of authority of such an Authorized Person by the Participant, the Participant shall give prompt written notice of such fact to the Distributor, Transfer Agent and the Trust Adviser, and such notice shall be effective upon receipt by the Distributor, Transfer Agent. The Transfer Agent shall promptly deactivate the PIN Number of such Authorized Person upon receipt of the written notice and notify the TrustDistributor.

Appears in 7 contracts

Samples: Authorized Participant Agreement (Fidelity Covington Trust), Authorized Participant Agreement (Fidelity Covington Trust), Authorized Participant Agreement (Fidelity Covington Trust)

Termination of Authority. Upon the termination or revocation of authority of such an Authorized Person by the Participant, the Participant shall give prompt written notice of such fact to the Distributor, the Transfer Agent and the Trust Adviser, and such notice shall be effective upon receipt by the Distributor, the Transfer Agent and the TrustAdviser. The Distributor shall promptly deactivate the PIN Number of such Authorized Person upon receipt of the written notice and promptly notify the Transfer Agent of deactivation of any PIN Number.

Appears in 2 contracts

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

Termination of Authority. Upon the termination or revocation of authority of such Authorized Person by the Participant, the Participant shall give prompt written notice of such fact to the Distributor, Transfer Agent and the Trust Trusts and such notice shall be effective upon receipt by the Distributor, Transfer Agent and the TrustTrusts.

Appears in 2 contracts

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

Termination of Authority. Upon the termination or revocation of authority of such an Authorized Person by the Participant, the Participant shall give prompt written notice of such fact to the Distributor, Transfer Agent Distributor and the Trust Transfer Agent, and such notice shall be effective upon receipt by the Distributor, Transfer Agent. The Transfer Agent shall promptly deactivate the PIN Number of such Authorized Person upon receipt of the written notice and notify the TrustDistributor.

Appears in 2 contracts

Samples: Authorized Participant Agreement (Fidelity Ethereum Fund), Authorized Participant Agreement (Fidelity Wise Origin Bitcoin Fund)

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Termination of Authority. Upon the termination or revocation of authority of such Authorized Person by the Participant, the Participant shall give prompt written notice of such fact to the Distributor, Transfer Agent and the each Trust and such notice shall be effective upon receipt by the Distributor, Transfer Agent and the each Trust.

Appears in 2 contracts

Samples: Participant Agreement (Natixis ETF Trust), Participant Agreement (Natixis ETF Trust II)

Termination of Authority. Upon the termination or revocation of authority of such an Authorized Person Representative by the Authorized Participant, the Authorized Participant shall give prompt immediate written notice of such fact to the Distributor, Transfer Administrative Agent and the Trust and such notice shall be effective upon receipt by the Distributor, Transfer Agent and the TrustAdministrative Agent.

Appears in 1 contract

Samples: Authorized Participant Agreement (J.P. Morgan Physical Copper Trust)

Termination of Authority. Upon the termination or revocation of authority of such Authorized Person by the Participant, the Participant shall give prompt written notice of such fact to the Distributor, Distributor and Transfer Agent and the Trust and such notice shall be effective upon receipt by the Distributor, Distributor and Transfer Agent and the TrustAgent.

Appears in 1 contract

Samples: Participant Agreement (USAA ETF Trust)

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