Examples of Creation Orders in a sentence
The Administrative Agent shall make commercially reasonable efforts to maintain a sufficient number of Paired Holding Shares registered pursuant to the Securities Act available for the fulfillment of Creation Orders as they are received.
The Administrative Agent shall make commercially reasonable efforts to maintain a sufficient number of Paired Shares registered pursuant to the Securities Act available for the fulfillment of Creation Orders as they are received.
The issuance of Creation Baskets may be suspended by the Sponsor generally, or refused with respect to a particular Creation Order, during any period when the transfer books of the Transfer Agent are closed or if circumstances outside the control of the Sponsor or its delegate make it for all practicable purposes not feasible to process Creation Orders or for any other reason at any time or from time to time.
The Participant will not be responsible for errors in the information relating to the Deposit Securities to be included in the current Fund Deposit to be transmitted through the facilities of the NSCC in connection with Redemption Orders and Creation Orders that are caused by the applicable Trust or Fund, the Distributor or the Transfer Agent.
The Administrative Agent will make commercially reasonable efforts to maintain a sufficient number of Down-MACRO Tradeable Shares registered pursuant to the Securities Act available for the fulfillment of Creation Orders as they are received.
Creation Orders can only be placed for a number of Shares of a Trust equal to one or more whole Baskets.
Similarly, in the event that the number of MacroShares Units to be redeemed based on the Redemption Orders received on such date exceeds the number of MacroShares Units to be created based on the Creation Orders received on such date, the actual number of MacroShares Units that will be issued will be zero.
An Authorized Participant may place Creation Orders and Redemption Orders through its Authorized Person(s).
To the extent permitted by the Prospectus, the Participant shall be responsible for any and all expenses and costs incurred by the Trust, including all Cash Amounts, in connection with any Creation Orders.
In the event that the number of MacroShares Units to be created based on the Creation Orders received on such date exceeds the number of MacroShares Units to be redeemed based on the Redemption Orders received on such date, the number of MacroShares Units that will be issued will be equal to the total number of MacroShares Units created minus the total number of MacroShares Units redeemed.