Suspended Redemption Order definition
Suspended Redemption Order shall have the meaning assigned thereto in Section 7.1(d).
Suspended Redemption Order shall have the meaning assigned to such term in Section 9.1(d).
Examples of Suspended Redemption Order in a sentence
If the Redemption Basket(s) comprising the Suspended Redemption Order are credited to the Distributor’s account at the Depository on such following Business Day, the Redemption Distribution with respect to the Suspended Redemption Order shall be paid in the manner provided in the second preceding sentence.
If by the close of business on the next Business Day following Redemption Settlement Date, the Sponsor has not received from the redeeming Participant all Redemption Baskets comprising the Suspended Redemption Order, the Sponsor will settle the Suspended Redemption Order to the extent of whole Redemption Baskets then received and any balance of the Suspended Redemption will be cancelled.