Depository Arrangement definition

Depository Arrangement means an agreement or arrangement entered into by and among the Trust and the Manager and the Depository pursuant to which the Depository will act as securities depository for the Shares.
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Examples of Depository Arrangement in a sentence

  • The Trust and the Manager and, if necessary, the Depository will enter into the Depository Arrangement pursuant to which the Depository will act as securities depository for the Shares.

  • Pursuant to the Depository Arrangement, upon the settlement date of any transfer or redemption of Shares, the Depository will credit or debit, on its book-entry registration and transfer system, the number of Shares so transferred or redeemed to the accounts of the appropriate DTC Participants.

  • Any endorsement of a Global Certificate to reflect the amount, or any increase or decrease in the amount, of outstanding Shares represented thereby shall be made in such manner and upon instructions given by the Manager on the Trust’s behalf as specified in the Depository Arrangement.

  • As provided in the Depository Arrangement, upon the settlement date of any transfer or redemption of Shares, the Depository will credit or debit, on its book-entry registration and transfer system, the number of Shares so transferred or redeemed to the accounts of the appropriate DTC Participants.

  • Any endorsement of a Global Certificate to reflect the amount, or any increase or decrease in the amount, of outstanding Shares represented thereby shall be made in such manner and upon instructions given by the Manager, on behalf of the Trust, as specified in the Depository Arrangement.

  • The Trust and the Manager and, if necessary, the Depository [will enter into the Depository Arrangement pursuant to which the Depository] will act as securities depository for the Shares.

  • Norilsk Palladium Depository Arrangement............................