Common use of The Participants Agreement Clause in Contracts

The Participants Agreement. (a) Each Paired Optional Redemption and each Paired Issuance shall be effected in accordance with the procedures set forth in the Participants Agreement, which procedures may be amended from time to time with the written consent of the Trustee, the Down Trustee and the Administrative Agent in accordance with the provisions thereof. (b) The Trustee and the Administrative Agent shall only process Redemption Orders and Creation Orders from Authorized Participants who have executed a Participants Agreement that is in full force and effect at the time when the Redemption Order or Creation Order is placed. The Administrative Agent will maintain and make available at its Business Office during normal business hours a current list of the Authorized Participants eligible to participate in a Paired Issuance. (c) In the event that the provisions of this Trust Agreement and the Participants Agreement conflict in any way, the provisions of the Participants Agreement will prevail insofar as such provisions relate (i) to the requirements and procedures for directing and effecting Paired Optional Redemptions and Paired Issuances or (ii) to the circumstances which the Administrative Agent may reject any Redemption Order or any Creation Order or suspend or postpone the settlement of any Paired Optional Redemption or Paired Issuance.

The Participants Agreement. (a) Each Paired Optional Redemption and each Paired Issuance shall be effected in accordance with the procedures set forth in the Participants Agreement, which procedures may be amended from time to time with the written consent of the Trustee, the Down Up Trustee and the Administrative Agent in accordance with the provisions thereof. (b) The Trustee and the Administrative Agent shall only process Redemption Orders and Creation Orders from Authorized Participants who have executed a Participants Agreement that is in full force and effect at the time when the Redemption Order or Creation Order is placed. The Administrative Agent will maintain and make available at its Business Office during normal business hours a current list of the Authorized Participants eligible to participate in a Paired Issuance. (c) In the event that the provisions of this Trust Agreement and the Participants Agreement conflict in any way, the provisions of the Participants Agreement will prevail insofar as such provisions relate (i) to the requirements and procedures for directing and effecting Paired Optional Redemptions and Paired Issuances or (ii) to the circumstances which the Administrative Agent may reject any Redemption Order or any Creation Order or suspend or postpone the settlement of any Paired Optional Redemption or Paired Issuance.

The Participants Agreement. (a) Each Paired Optional Redemption and each Paired Issuance shall be effected in accordance with the procedures set forth in the applicable attachments to the Participants Agreement, which procedures may be amended from time to time with the written consent of the Trustee, the Down Trustee and the Administrative Agent in accordance with the provisions thereof. (b) The Trustee and the Administrative Agent shall only process Redemption Orders and Creation Orders from Authorized Participants who have executed a Participants Agreement that is in full force and effect at the time when the Redemption Order or Creation Order is placed. The Administrative Agent will maintain and make available at its Business Office during normal business hours a current list of the Authorized Participants eligible to participate in a Paired Issuance. (c) In the event that the provisions of this Trust Agreement and the Participants Agreement conflict in any way, the provisions of the Participants Agreement will prevail insofar as such provisions relate (i) to the requirements and procedures for directing and effecting Paired Optional Redemptions and Paired Issuances or (ii) to the circumstances which the Administrative Agent may reject any Redemption Order or any Creation Order or suspend or postpone the settlement of any Paired Optional Redemption or Paired Issuance.

The Participants Agreement. (a) Each Paired Optional Redemption and each Paired Issuance shall be effected in accordance with the procedures set forth in Attachment A-II and Attachment A-I, respectively, to the Participants Agreement, which procedures may be amended from time to time with the written consent of the Trustee, the Down Trustee and the Administrative Agent in accordance with the provisions thereof. (b) The Trustee and the Administrative Agent shall only process Redemption Orders and Creation Orders from Authorized Participants who have executed a Participants Agreement that is in full force and effect at the time when the Redemption Order or Creation Order is placed. The Administrative Agent will maintain and make available at its Business Office during normal business hours a current list of the Authorized Participants eligible to participate in a Paired Issuance. (c) In the event that the provisions of this Trust Agreement and the Participants Agreement conflict in any way, the provisions of the Participants Agreement will prevail insofar as such provisions relate (i) to the requirements and procedures for directing and effecting Paired Optional Redemptions and Paired Issuances or (ii) to the circumstances which the Administrative Agent may reject any Redemption Order or any Creation Order or suspend or postpone the settlement of any Paired Optional Redemption or Paired Issuance.

The Participants Agreement. (a) Each Paired Optional Redemption and each Paired Issuance shall be effected in accordance with the procedures set forth in the applicable attachments to the Participants Agreement, which procedures may be amended from time to time with the written consent of the Trustee, the Down Up Trustee and the Administrative Agent in accordance with the provisions thereof. (b) The Trustee and the Administrative Agent shall only process Redemption Orders and Creation Orders from Authorized Participants who have executed a Participants Agreement that is in full force and effect at the time when the Redemption Order or Creation Order is placed. The Administrative Agent will maintain and make available at its Business Office during normal business hours a current list of the Authorized Participants eligible to participate in a Paired Issuance. (c) In the event that the provisions of this Trust Agreement and the Participants Agreement conflict in any way, the provisions of the Participants Agreement will prevail insofar as such provisions relate (i) to the requirements and procedures for directing and effecting Paired Optional Redemptions and Paired Issuances or (ii) to the circumstances which the Administrative Agent may reject any Redemption Order or any Creation Order or suspend or postpone the settlement of any Paired Optional Redemption or Paired Issuance.