TO BE COMPLETED BY TRUSTEE AND CUSTODIAN Sample Clauses

TO BE COMPLETED BY TRUSTEE AND CUSTODIAN. This certifies that the above order has been: Accepted by the Trustee Accepted by Custodian Declined-Reason: Final # of Ounces Final # of SLV Shares Final Cash Due to BNY Date Time Authorized Signature of Custodian Date Time Authorized Signature of Trustee Dated as of , 2006 ARTICLE I ORDERS FOR PURCHASE AND REDEMPTION 1 Section 1.01. Authorization to Purchase and Redeem Baskets 1 Section 1.02. Procedures for Orders 1 Section 1.03. Consent to Recording 1 Section 1.04. Irrevocability 1 Section 1.05. Costs and Expenses 1 Section 1.06. Delivery of Property to the Trust 1 Section 1.07. Title to Deposit Property and iShares Surrendered for Redemption 1 Section 1.08. Certain Payments or Distributions 2 ARTICLE II AUTHORIZED REPRESENTATIVES 2 Section 2.01. Certification 2 Section 2.02. PIN Numbers 2 Section 2.03. Termination of Authority 3 Section 2.04. Verification 3 ARTICLE III STATUS OF THE AUTHORIZED PARTICIPANT 3 Section 3.01. Clearing Status 3 Section 3.02. Broker-Dealer Status 3 Section 3.03. Foreign Status 4 Section 3.04. Compliance with Certain Laws 4 Section 3.05. Authorized Participant Status 4 ARTICLE IV ROLE OF AUTHORIZED PARTICIPANT 4 Section 4.01. Independent Contractor 4 Section 4.02. Rights and Obligations of DTC Participant 4 Section 4.03. Beneficial Owner Communications 4 ARTICLE V MARKETING MATERIALS AND REPRESENTATIONS 5 Section 5.01. Authorized Participant’s Representation 5 Section 5.02. Prospectus 5 ARTICLE VI INDEMNIFICATION; LIMITATION OF LIABILITY 5 Section 6.01. Indemnification 5 ARTICLE VII MISCELLANEOUS 6 Section 7.01. Commencement of Trading 6 Section 7.02. Definitions 6 STANDARD TERMS FOR AUTHORIZED PARTICIPANT AGREEMENTS (the “Standard Terms”) agreed to as of [ ], 2006 by and between The Bank of New York, a New York banking corporation, and Barclays Global Investors International Inc., a Delaware corporation. ARTICLE I ORDERS FOR PURCHASE AND REDEMPTION
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TO BE COMPLETED BY TRUSTEE AND CUSTODIAN. This certifies that the above order has been:
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TO BE COMPLETED BY TRUSTEE AND CUSTODIAN. This certifies that the above order has been: ______________________Accepted by the Trustee ______________________Accepted by Custodian ______________________Declined-Reason: ____________________________________________ Final # of Ounces: ______________________ Final # of Shares: ______________________ Final Cash Due to BNYM ________________ Date Time Authorized Signature of Custodian Date Time Authorized Signature of Trustee ARTICLE I ORDERS FOR PURCHASE AND REDEMPTION 1 Section 1.01. Authorization to Purchase and Redeem Baskets 1 Section 1.02. Procedures for Orders 1 Section 1.03. Consent to Recording 1 Section 1.04. Irrevocability 1 Section 1.05. Costs and Expenses 1 Section 1.06. Delivery of Property to the Trust 1
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Related to TO BE COMPLETED BY TRUSTEE AND CUSTODIAN

  • TO BE COMPLETED BY TRUSTEE This certifies that the above order has been: Accepted by the Trustee Declined-Reason: Final # of Swiss Francs Final # of [FXF] Shares Date Time Authorized Signature of Trustee These procedures (the “Procedures”) describe the processes by which one or more Baskets of Swiss Franc Trust shares (the “Shares”) issuable by The Bank of New York, as trustee (the “Trustee”) of the CurrencyShares Swiss Franc Trust (the “Trust”), may be purchased or, once Shares have been issued, redeemed by an Authorized Participant. Shares may be created or redeemed only in blocks of 50,000 Shares (each such block, a “Basket”). Because the issuance and redemption of Baskets also involve the transfer of Swiss Francs between the Authorized Participant and the Trust, certain processes relating to the underlying transfers of Swiss Francs also are described. Under these Procedures, Baskets may be issued only in consideration for Swiss Francs transferred to and held in the Trust’s accounts maintained in London, England by London Branch of JPMorgan Chase Bank, N.A., as depository (the “Depository”). Capitalized terms used in these Procedures without further definition have the meanings assigned to them in the Depositary Trust Agreement, dated as of [ ], 2006, between Rydex Specialized Products LLC (the “Sponsor”), the Trustee, the registered owners and beneficial owners from time to time of Shares issued thereunder and all depositors (the “Trust Agreement”), or the Participant Agreement entered into by each Authorized Participant with the Sponsor and the Trustee.

  • Rules by Trustee and Agents The Trustee may make reasonable rules for action by or at a meeting of Holders. The Registrar or Paying Agent may make reasonable rules and set reasonable requirements for its functions.

  • Moneys Received by Trustee to Be Held in Trust Subject to the provisions of Section 11.05, all moneys received by the Trustee shall, until used or applied as herein provided, be held in trust for the purposes for which they were received, but need not be segregated from other funds except to the extent required by law. The Trustee shall be under no liability for interest on any moneys received by it hereunder. So long as no Event of Default shall have occurred and be continuing, all interest allowed on any such moneys shall be paid from time to time to the Company upon a Company Order.

  • Collection Suit by Trustee If an Event of Default specified in Section 6.01(1) or (2) occurs and is continuing, the Trustee may recover judgment in its own name and as trustee of an express trust against the Company for the whole amount then due and owing (together with interest on any unpaid interest to the extent lawful) and the amounts provided for in Section 7.07.

  • Deposited Moneys to be Held in Trust by Trustee Subject to the provisions of the last paragraph of Section 4.03, all moneys deposited with the Trustee pursuant to Section 12.01 shall be held in trust and applied by it to the payment, either directly or through any paying agent (including the Company acting as its own paying agent), to the persons entitled thereto, of all sums due and to become due thereon for principal and interest (and premium, if any) for which payment of such money has been deposited with the Trustee.

  • HOLDERS' LISTS AND REPORTS BY TRUSTEE AND COMPANY Section 7.01 Company to Furnish Trustee Names and Addresses of Holders...41 Section 7.02 Preservation of Information; Communications to Holders......42 Section 7.03 Reports by Trustee..........................................42 Section 7.04 Reports by Company..........................................42 Section 7.05 Holders' Meetings...........................................43 ARTICLE VIII.

  • Deposited Monies to Be Held in Trust by Trustee Subject to Section 7.04, all monies deposited with the Trustee pursuant to Section 7.01 shall be held in trust for the sole benefit of the Holders of the Notes, and such monies and shall be applied by the Trustee to the payment, either directly or through any Paying Agent (including the Company if acting as its own Paying Agent), to the Holders of the particular Notes for the payment of all sums or amounts due and to become due thereon for principal and interest, if any.

  • Reports by Trustee to the Holders As promptly as practicable after each June 30 beginning with the June 30 following the date of this Indenture, and in any event prior to August 30 in each year, the Trustee shall send to each Holder a brief report dated as of such June 30 that complies with Section 313(a) of the TIA if and to the extent required thereby. The Trustee shall also comply with Section 313(b) of the TIA. A copy of each report at the time of its mailing to the Holders shall be filed with the SEC and each stock exchange (if any) on which the Securities are listed. The Issuer agrees to notify promptly the Trustee in writing whenever the Securities become listed on any stock exchange and of any delisting thereof.

  • Judicial Proceedings Instituted by Trustee; Trustee May Bring Suit If there shall be a failure to make payment of the principal of or premium, if any, or interest on any Underlying Security, then the Trustee, in its own name, and as trustee of an express trust, as holder of such Underlying Security, shall be, to the extent permitted by and in accordance with the terms of the Underlying Security, subject to the limitations on acceleration and the exercise of remedies set forth therein, and further subject to the provisions of Sections 7.01(c) and 7.06(f) herein, entitled and empowered to institute Proceedings at law, in equity or otherwise, including the power to make a demand on the trustee in respect of such Underlying Security, if provided for, to take action to enforce the Underlying Security for the collection of the sums so due and unpaid on such Underlying Security and may prosecute any such Proceeding to judgment or final decree with respect to the whole amount of any such sums so due and unpaid.

  • Notices, Etc., to Trustee and Company Any request, demand, authorization, direction, notice, consent, waiver or Act of Holders or other document provided or permitted by this Indenture to be made upon, given or furnished to, or filed with:

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