Participant Client definition

Participant Client means any party on whose behalf the Participant acts in connection with an Order (whether a customer or otherwise).
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Participant Client means any party on whose behalf the Participant acts in connection with an Order (whether a customer or otherwise). 1.33 “Participating Party” shall have the meaning set forth in Section 3.01. 1.34 “PIN Number” shall have the meaning set forth in ARTICLE 5. 1.35 “Procedures Handbook” shall have the meaning set forth in Section 2.02. 1.36 “Prospectus” means the Fund’s then current prospectus or summary prospectus and statement of additional information included in its effective registration statement, as supplemented or amended from time to time. 1.37 “Purchase Order” shall have the meaning set forth in Section 2.02. 1.38 “Redemption Request” shall have the meaning set forth in Section 2.02. 1.39 “Website” means the website at the following URL: ▇▇▇▇▇://▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇▇.▇▇▇/ETF (or such other web address as may be communicated by the Distributor or the Fund to the Participant from time to time) established and maintained for purpose of allowing Participants to place Orders.
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Examples of Participant Client in a sentence

  • The Fund is entitled to reduce the amount of proceeds due to the Participant or any Participant Client by an amount equal to any dividend, distribution or other corporate action paid to the Participant or the Participant Client in respect of any Fund Security that is transferred to the Participant or any Participant Client that, based on the valuation of such Fund Security at the time of transfer, should have been paid to the Fund.

  • Likewise, the Participant acknowledges and agrees to return to the Fund any dividend, distribution or other corporate action paid to the Participant or any Participant Client in respect of any Deposit Security that is transferred to the Company that, based on the valuation of such Deposit Security on the Business Day on which the Company receives and accepts the Purchase Order in proper form, should have been paid to the Company.

  • With respect to any Redemption Request, the Participant on behalf of itself and any Participant Client acknowledges and agrees to return to the Fund any dividend, distribution or other corporate action paid to it or a Participant Client in respect of any Fund Security that is transferred to the Participant or any Participant Client that, based on the valuation of such Fund Security at the time of transfer, should have been paid to the Fund.

  • To effect a purchase of a Creation Unit of a particular Fund, the Participant agrees on behalf of itself, and any Participant Client, to deliver to the Fund a Fund Deposit plus any purchase transaction fee as described in the Prospectus and as may also be described in the Procedures Handbook.