Common use of Clearing Process Clause in Contracts

Clearing Process. The Sponsor (in the case of purchases) or the Transfer Agent (in the case of redemptions) shall issue a confirmation of Order acceptance within approximately 15 minutes of its receipt of an Order Form received in good form. In the event the Authorized Participant does not receive a timely confirmation from the Sponsor or the Transfer Agent, it should contact the telephone representative at the business number indicated.

Appears in 5 contracts

Sources: Participant Agreement (VanEck Avalanche ETF), Participant Agreement (VanEck Solana ETF), Participant Agreement (VanEck Solana ETF)

Clearing Process. The Sponsor (in the case of purchases) or the Transfer Agent (in the case of redemptions) shall issue a confirmation of Order acceptance within approximately 15 minutes of its receipt of an Order Form received in good form. In the event the Authorized Participant does not receive a timely confirmation from the Sponsor or the Transfer Agent, it should contact the telephone representative at the business number indicated.

Appears in 5 contracts

Sources: Participant Agreement (VanEck Avalanche ETF), Participant Agreement (VanEck BNB ETF), Participant Agreement (VanEck Ethereum ETF)

Clearing Process. The Sponsor (in the case of purchases) or the Transfer Agent (in the case of redemptions) shall issue a confirmation of Order acceptance within approximately 15 minutes of its receipt of an Order Form received in good form. In the event the Authorized Participant does not receive a timely confirmation from the Sponsor or the Transfer Agent, it should contact the telephone representative at the business number indicated.

Appears in 4 contracts

Sources: Authorized Participant Agreement (WisdomTree Continuous Commodity Index Master Fund), Authorized Participant Agreement (WisdomTree Coal Fund), Authorized Participant Agreement (John Hancock Exchange-Traded Fund Trust)