Authorized Participants definition

Authorized Participants means the eligible institutional investor or TREC Holder of Exchange subject to the Authorized Participant Agreement signed between the parties.

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Authorized Participants means persons who are either physically

Authorized Participants means those entities that have entered into an Authorized Participant Agreement with the Fund, the Sponsor and the Fund’s transfer agent.

Examples of Authorized Participants in a sentence

• Authorized Participants wishing to acquire from the Trust one or more Baskets shall place a Purchase Order with the Transfer Agent no later than the Order Cutoff Time.

• The Fund or its agent shall provide notice to the Fund’s Authorized Participants (as defined in the Agreement) that information is being requested to verify their identity in order to combat money laundering and terrorist financing.

• Authorized Participants wishing to redeem one or more Baskets on their own behalf or for an Authorized Participant Client shall place a Redemption Order with the Transfer Agent no later than the Order Cutoff Time on any Business Day.

• The Bank, on behalf of the Transfer Agent, shall screen new and existing Authorized Participants, UBOs and Controlling Parties against sanction-related lists promulgated by the United States, the European Union, and the United Nations.

• The Transfer Agent shall maintain risk-based internal controls and procedures reasonably designed for conducting ongoing due diligence of Authorized Participants, including, but not limited to, understanding the nature and purpose of Authorized Participant relationships to develop Authorized Participant risk profiles and conducting risk-based monitoring to maintain and update Authorized Participant information.

More Definitions of Authorized Participants

Authorized Participants means those entities that have entered into an Authorized Participant Agreement with the Trust, the Sponsor and the Fund’s transfer agent. “Creation Units” shall have the meaning given in the Trust’s transfer agency and service agreement with State Street Bank and Trust Company as transfer agent, dated as of the date of this Agreement. The Administrator shall provide the office facilities and the personnel determined by it to perform the services contemplated herein.

Authorized Participants has the meaning described in Section 7.2.

Authorized Participants mean the parties listed on Schedule I to the Participants Agreement, as may be amended from time to time.

Authorized Participants means those individuals who are employees, officers, or directors of consultant clients the Client.

Authorized Participants means participants that have been authorized by Client to participate in a Challenge and will have access to the Hackworks Platform under any type of ticket including but not limited to participants or mentors. An Authorized Participant is anyone who has selected to “Join Event” on a Challenge on ▇▇▇▇▇▇▇▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇. In the event that a Challenge has been set up to allow for Authorized Participant vetting, or to allow for individuals to join a waitlist once a Challenge has reached its capacity, only individuals who have been automatically accepted into the Challenge (when no vetting has been set up) or have been promoted from the waitlist to the Challenge are considered Authorized Participants. For greater clarity, individuals who are on the waitlist are not considered Authorized Participants or the purposes of participant number limitations.

Authorized Participants means those financial entities (specifically those members or participants of a clearing agency registered with the SEC) that have contractual arrangements with an ETF or one of the ETF’s service providers to purchase and redeem ETF shares directly with the ETF in Creation Units

Authorized Participants or “APs”) for the purchase and redemption of such Creation Units in the manner set forth in the Trust’s Registration Statement; and