Await Receipt of Confirmation. (a) Trusts' Clearing Process-Creation Orders. The Transfer Agent shall issue to the Participating Party a confirmation of acceptance of an order to create Shares in Creation Unit size aggregations ("Creation Order") through the Trusts' Clearing Process within fifteen (15) minutes of its receipt of a Submission received in good form. In the event the Participating Party does not receive a timely confirmation from the Transfer Agent, it should contact the Distributor and the Trust Telephone Representative at the business numbers indicated.
Await Receipt of Confirmation. Subject to the conditions that (i) a duly completed Redemption Order is received by the Distributor from the Participant on behalf of itself or another redeeming investor by the AMEX Closing Time and (ii) the Participant has transferred or caused to be transferred to the Fund's Transfer Agent the Creation Unit of WEBS being redeemed through the book-entry system of DTC so as to be effective by 4:00 p.m. New York time on a day on which the AMEX is open for business, the Distributor will accept the Redemption Order on behalf of the Fund and the Distributor will inform the Participant that its Redemption Order has been accepted by 6:00 p.m. New York time on the Business Day the Redemption Order is received.
Await Receipt of Confirmation. Subject to the conditions that (i) a properly completed irrevocable Purchase Order has been submitted by the Participant (either on its own or another investor's behalf) not later than the AMEX Closing Time, and (ii) arrangements satisfactory to the Fund are in place for payment of the Cash Component and any other cash amounts which may be due, the Distributor will accept the Purchase Order on behalf of the Fund and the Distributor will inform the Participant that its Purchase Order has been accepted by 6:00 p.m. New York time on the Business Day the Purchase Order is received. In the event that the Participant does not receive a timely confirmation from the Distributor, the Participant should contact the WEBS telephone representative at the telephone number indicated.
Await Receipt of Confirmation. (a) In the Case of Purchases through the CB Shares Clearing Process. The Participant shall transfer or arrange for the transfer of the requisite Fund Basket of securities for the US Index Series and the Cash Component to State Street Bank by means of the CB Shares Clearing Process so as to be received no later than on the Regular Way settlement date following the Business Day on which the Purchase Order is received by the Distributor. The Distributor shall issue to both the Participant and State Street Bank an acknowledgment of receipt of a Purchase Order for CB Shares of the US Index Series through the CB Shares Clearing Process within one (1) hour of its receipt of a Purchase Order in proper form as described above. In the event the Participant does not receive a timely acknowledgment from the Distributor, it should contact the CB Shares telephone representative at the telephone number indicated. After the Distributor has received a duly completed Purchase Order for CB Shares of the US Index Series, State Street Bank shall initiate procedures to transfer the requisite CB Shares through the CB Shares Clearing Process so as to be received by the Participant no later than on the Regular Way settlement date following the Business Day on which the duly completed Purchase Order is received by the Distributor.
Await Receipt of Confirmation. The Distributor shall issue an advice of receipt of the Intention within one (1) hour of its receipt of an Intention in good form. In the event the Participant does not receive a timely advice from the Distributor, it should contact the CB Shares(TM) telephone representative at the telephone number indicated above.
Await Receipt of Confirmation. (a) In the Case of Redemptions through the CB Shares Clearing Process. The Participant shall be required to transfer or arrange for the transfer of the requisite CB Shares of the US Index Series to State Street Bank by means of the CB Shares Clearing Process so as to be received no later than on the Regular Way settlement date following the business day on which such Redemption Request is received in proper form. After the receipt of a Redemption Request for CB Shares of the US Index Series, State Street Bank shall initiate procedures to transfer the requisite Fund Basket securities and the cash redemption payment, if any, through the CB Shares Clearing Process so as to be received by the Participant no later than on the Regular Way settlement date following the business day on which the Redemption Request is duly received in proper form by the Fund. State Street Bank shall issue to the Participant an acknowledgment of a Redemption Request within one (1) hour of its receipt of a Redemption Request in proper form. If a Participant does not receive a timely acknowledgment, it should contact State Street Bank or its representative directly at the telephone number(s) indicated.
Await Receipt of Confirmation. (a) TRUST'S CLEARING PROCESS-CREATION ORDERS. The Distributor shall issue to both the Participating Party and the Bank a confirmation of acceptance of an order to create Trust Shares in Creation Unit size aggregations through the Trust's Clearing Process within 15 minutes of its receipt of a Submission received in good form. In the event the Participating Party does not receive a timely confirmation from the Distributor, it should contact the Distributor and the Trust Telephone Representative at the business numbers indicated.
Await Receipt of Confirmation. (a) NASDAQ-100 CLEARING PROCESS-CREATION ORDERS. The Distributor shall issue to both the Participating Party and the Trustee a confirmation of acceptance of an order to create Nasdaq- 100 Shares in Creation Unit size aggregations through the Nasdaq-100 Clearing Process within 15 minutes of its receipt of a Submission received in good form. In the event the Participating Party does not receive a timely confirmation from the Distributor, it should contact the Distributor and the Nasdaq-100 Telephone Representative at the business numbers indicated.
Await Receipt of Confirmation. (a) TRUSTS' CLEARING PROCESS-CREATION ORDERS. The Transfer Agent shall issue to the Participating Party a confirmation of acceptance of an order to create Shares in Creation Unit size aggregations ("Creation Order") through the Trusts' Clearing Process within fifteen (15) minutes of its receipt of a Submission received in good form. In the event the Participating Party does not receive a timely confirmation from the Transfer Agent, it should contact the Distributor and the Trust Telephone Representative at the business numbers indicated.
Await Receipt of Confirmation. (a) Trusts’ Clearing Process-Creation Orders. The Index Receipt Agent shall issue to the Participant a confirmation of acceptance of an order to create Fund Shares in Creation Unit size aggregations (“Creation Order”) through the Trusts’ Clearing Process within fifteen (15) minutes of its receipt of a Submission received in good form. In the event the Participant does not receive a timely confirmation from the Index Receipt Agent, it should contact the Trust Telephone Representative at the business numbers indicated.
