Authorized Participant Agreement definition

Authorized Participant Agreement means an agreement among the Trustee, the Sponsor and an Authorized Participant that authorizes the Authorized Participant to submit Purchase Orders and Redemption Orders under this Agreement.

Authorized Participant Agreement means each Authorized Participant Agreement among the Authorized Participant, the Trustee and the Sponsor into which these Creation and Redemption Procedures are attached as Schedule 1 and the Standard Terms and Conditions attached as Schedule 2 shall have been incorporated by reference.

Authorized Participant Agreement means the Authorized Participant Agreement to which these Procedures are attached as Schedule 1.

Examples of Authorized Participant Agreement in a sentence

• Activity location may cause or contribute to delays or difficulties in communication, transportation, evacuation or medical care.

• Capitalized terms used but not otherwise defined herein shall have the meanings ascribed to such terms in the Authorized Participant Agreement (the “AP Agreement”).

• An Authorized Participant is required to have signed the Authorized Participant Agreement.

• This Axxxx XX to the Authorized Participant Agreement supplements the Prospectus with respect to the procedures to be used in processing (1) a Purchase Order for the purchase of Shares of New York Life Investments Active ETF Trust and New York Life Investments ETF Trust (each a “Trust”) in Creation Units of each Fund issued by each Trust and (2) a Redemption Order for the redemption of Shares of each Fund in Creation Units of each Fund.

• The Authorized Participant Agreement shall be in substantially the form approved by the Board with such non-material edits as may be approved by counsel to FSC and the Funds.

More Definitions of Authorized Participant Agreement

Authorized Participant Agreement means an agreement between the Distributor, on behalf of the Client, and an Authorized Participant governing the purchase and redemption of Creation Units.

Authorized Participant Agreement means an agreement entered into between an Authorized Participant, the Trustee and the Management Company setting out the roles and responsibilities of each party and includes, among other things, the terms and procedures for the issuance and redemption of Creation Units.

Authorized Participant Agreement shall have the meaning ascribed to the term in the Trust Agreement.

Authorized Participant Agreement means an agreement entered into by each Authorized Participant that provides the procedures for the creation and redemption of Creation Baskets and for the delivery of the ether and/or cash required for such creations and redemptions.

Authorized Participant Agreement means an agreement among the Trust, the Sponsor, the Transfer Agent and an Authorized Participant, that provides the procedures for the creation and redemption of Baskets.

Authorized Participant Agreement means a written agreement between the Trust, the Sponsor and an Authorized Participant in relation to Shares and, if such agreement is subject to conditions precedent, provided that such conditions have been satisfied.

Authorized Participant Agreement means the agreement between the Distributor, and a broker or dealer that is a DTC Participant governing the creation and redemption of Creation Units, and which is acknowledged by X.X. Xxxxxx acting in its capacity as Index Receipt Agent and, if applicable, as Order Taker.