Termination of Authority. Upon the termination or revocation of authority of an Authorized Representative by the Authorized Participant, the Authorized Participant shall (i) give immediate written notice of such fact to the Creation and Redemption Agent and such notice shall be effective upon receipt by the Creation and Redemption Agent; and (ii) request a new PIN Number. The Creation and Redemption Agent shall, as promptly as practicable, de-activate the PIN Number upon receipt of such written notice.
Appears in 20 contracts
Samples: Authorized Participant Agreement, Authorized Participant Agreement (iShares Dow Jones-Ubs Roll Select Commodity Index Trust), Authorized Participant Agreement (iShares S&P GSCI Commodity-Indexed Investing Pool LLC)