Common use of Cash Amount and Cash Component Clause in Contracts

Cash Amount and Cash Component. In situations where a Cash Amount and/or a Cash Component shall be applied to a Creation Order, the Participant hereby agrees that the Participant shall transfer funds for each creation of Shares in an amount equal to the Cash Amount and/or Cash Component, as applicable. Computation of this amount shall exclude any stamp duty and other similar fees and expenses payable upon the transfer of beneficial ownership of the Deposit Securities, which shall be the sole responsibility of the Participant and not of the Trust or the Distributor. The Participant hereby agrees to deliver the Cash Amount and/or Cash Component to the Trust on or before the “Contractual Settlement Date” or such earlier time as may be designated by the Trust. The Participant hereby agrees to ensure that the Cash Amount and/or Cash Component shall be received by the Trust in accordance with the terms of the Prospectus and/or the AP Handbook and this Agreement, and, in the event payment of said Cash Amount and/or Cash Component has not been so made, the Participant agrees on behalf of itself or any party for which the Participant acts, to pay the amount of the Cash Amount and/or Cash Component, plus other reasonable costs and interest as computed at such reasonable rate as may be specified by the Trust from time to time. The Participant shall be liable to the Custodian, any sub-custodian, or the Trust for any amounts advanced by the Custodian or any sub-custodian in the sole discretion of the Custodian, sub-custodian, or Trust, as applicable, to the Participant for payment of the amounts due and owing for the Cash Amount and/or Cash Component. For avoidance of doubt, the Custodian shall be under no obligation to advance funds under any circumstances.

Cash Amount and Cash Component. In situations where a Cash Amount and/or a Cash Component shall will be applied to a Creation OrderRedemption Request, the Participant hereby agrees that the Participant shall make available or transfer funds for each creation of Shares in an amount equal to the Cash Amount and/or Cash Component, as applicable. Computation of this amount shall exclude any stamp duty and other similar fees and expenses payable upon the transfer of beneficial ownership of the Deposit Fund Securities, which shall be the sole responsibility of the Participant and not of the Trust or the Distributor. The Participant hereby agrees to deliver ensure that the Cash Amount and/or Cash Component to shall be received by the Trust on or before the “Contractual Settlement Date” Date or such earlier time as may be designated by the Trust. The Participant hereby agrees to ensure that the Cash Amount and/or Cash Component shall be received by the Trust in accordance with the terms of the Prospectus and/or the AP Handbook and this Agreement, and, in the event payment of said Cash Amount and/or Cash Component has not been so made, the Participant agrees on behalf of itself or any party for which the Participant acts, acts to pay the amount of the Cash Amount and/or Cash Component, plus other reasonable costs and interest interest, as computed at such reasonable rate as may be specified by the Trust from time to time. The Participant shall be liable to the Custodian, any sub-custodian, or the Trust for any amounts advanced by the Custodian or any sub-custodian in the Custodian’s sole discretion of the Custodian, sub-custodian, or Trust, as applicable, to the Participant for payment of the amounts due and owing for the Cash Amount and/or Cash Component. For avoidance of doubt, the Custodian shall be under no obligation to advance funds under any circumstances.

Cash Amount and Cash Component. In situations where a Cash Amount and/or a Cash Component shall will be applied to a Creation OrderRedemption Request, the Participant hereby agrees that the Participant shall make available or transfer funds for each creation of Shares in an amount equal to the Cash Amount and/or Cash Component, as applicable. Computation of this amount shall exclude any stamp duty and other similar fees and expenses payable upon the transfer of beneficial ownership of the Deposit Fund Securities, which shall be the sole responsibility of the Participant and not of the Trust or the Distributor. The Participant hereby agrees to deliver ensure that the Cash Amount and/or Cash Component to shall be received by the Trust on or before the “Contractual Settlement Date” Date or such earlier time as may be designated by the Trust. The Participant hereby agrees to ensure that the Cash Amount and/or Cash Component shall be received by the Trust in accordance with the terms of the Prospectus and/or the AP Handbook and this Agreement, and, in the event payment of said Cash Amount and/or Cash Component has not been so made, the Participant agrees on behalf of itself or any party for which the Participant acts, acts promptly to pay the amount of the Cash Amount and/or Cash Component, plus other reasonable costs and interest as computed at such reasonable rate as may be specified by upon the Trust from time to timeTrust’s request. The Participant shall be liable to the Custodian, any sub-custodian, or the Trust for any amounts advanced by the Custodian or any sub-custodian in the Custodian’s sole discretion of the Custodian, sub-custodian, or Trust, as applicable, to the Participant for payment of the amounts due and owing for the Cash Amount and/or Cash Component. For avoidance of doubt, the Custodian shall be under no obligation to advance funds under any circumstances.

Cash Amount and Cash Component. In situations where a Cash Amount and/or a Cash Component shall be applied to a Creation Order, the Participant hereby agrees that the Participant shall transfer funds for each creation of Shares in an amount equal to the Cash Amount and/or Cash Component, as applicable. Computation of this amount shall exclude any stamp duty and other similar fees and expenses payable upon the transfer of beneficial ownership of the Deposit Securities, which shall be the sole responsibility of the Participant and not of the Trust or the Distributor. The Distributor agrees to use the Distributor’s best efforts to execute Redemption Requests in a manner so as not to incur any stamp duty. The Participant hereby agrees to deliver the Cash Amount and/or Cash Component to the Trust on or before the “Contractual Settlement Date” or such earlier time as may be designated by the Trust. The Participant hereby agrees to ensure that the Cash Amount and/or Cash Component shall be received by the Trust in accordance with the terms of the Prospectus and/or the AP Handbook and this Agreement, and, in the event payment of said Cash Amount and/or Cash Component has not been so mademade in accordance with the Prospectus and/or the AP Handbook, the Participant agrees on behalf of itself or any party for which the Participant acts, to pay the amount of the Cash Amount and/or Cash Component, plus other reasonable costs and interest as computed at such reasonable reasonable, market-standard rate as may be specified by the Trust from time to time. The Participant shall be liable to the Custodian, any sub-custodian, or the Trust for any amounts advanced by the Custodian or any sub-custodian in the sole discretion of the Custodian, sub-custodian, or Trust, as applicable, to the Participant for payment of the amounts due and owing for the Cash Amount and/or Cash Component. For avoidance of doubt, the Custodian shall be under no obligation to advance funds under any circumstances.

Cash Amount and Cash Component. In situations where a Cash Amount and/or a Cash Component shall will be applied to a Creation Order, the Participant hereby agrees that the Participant shall it will transfer funds for each creation of Shares in an amount equal to the Cash Amount and/or Cash Component, as applicable. Computation of this amount shall exclude any stamp duty and other similar fees and expenses payable upon the transfer of beneficial ownership of the Deposit Securities, which shall be the sole responsibility of the Participant and not of the Trust or the Distributor. The Participant hereby agrees to deliver the Cash Amount and/or Cash Component to the Trust on or before the “Contractual Settlement Date” or such earlier time as may be designated by the Trust. The Participant hereby agrees to ensure that the Cash Amount and/or Cash Component shall will be received by the Trust in accordance with the terms of the Prospectus and/or the AP Handbook and this Agreement, and, and in the event payment of said such Cash Amount and/or Cash Component has not been so made, the Participant agrees on behalf of itself or any party for which the Participant it acts, to pay the amount of the Cash Amount and/or Cash Component, plus other reasonable costs and interest as computed at such reasonable rate as may be specified by the Trust from time to time. The Participant shall be liable to the Custodian, any sub-custodian, custodian or the Trust for any amounts advanced by the Custodian or any sub-custodian in the its sole discretion of the Custodian, sub-custodian, or Trust, as applicable, to the Participant for payment of the amounts due and owing for the Cash Amount and/or Cash Component. For avoidance of doubt, the Custodian shall will be under no obligation to advance funds under any circumstances.

Cash Amount and Cash Component. In situations where a Cash Amount and/or a Cash Component shall will be applied to a Creation OrderRedemption Request, the Participant hereby agrees that the Participant shall it will make available or transfer funds for each creation of Shares in an amount equal to the Cash Amount and/or Cash Component, as applicable. Computation of this amount shall exclude any stamp duty and other similar fees and expenses payable upon the transfer of beneficial ownership of the Deposit Fund Securities, which shall be the sole responsibility of the Participant and not of the Trust or the Distributor. The Participant hereby agrees to deliver ensure that the Cash Amount and/or Cash Component to will be received by the Trust on or before the “Contractual Settlement Date” Date or such earlier time as may be designated by the Trust. The Participant hereby agrees to ensure that the Cash Amount and/or Cash Component shall will be received by the Trust in accordance with the terms of the Prospectus and/or the AP Handbook and this Agreement, and, and in the event payment of said such Cash Amount and/or Cash Component has not been so made, the Participant agrees on behalf of itself or any party for which the Participant acts, it acts to pay the amount of the Cash Amount and/or Cash Component, plus other reasonable costs and interest interest, as computed at such reasonable rate as may be specified by the Trust from time to time. The Participant shall be liable to the Custodian, any sub-custodian, custodian or the Trust for any amounts advanced by the Custodian or any sub-custodian in the its sole discretion of the Custodian, sub-custodian, or Trust, as applicable, to the Participant for payment of the amounts due and owing for the Cash Amount and/or Cash Component. For avoidance of doubt, the Custodian shall will be under no obligation to advance funds under any circumstances.