Common use of Clearing Process Clause in Contracts

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

Appears in 2 contracts

Sources: Participant Agreement (Rydex Etf Trust), Participant Agreement (Rydex Etf Trust)

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

Appears in 1 contract

Sources: Participant Agreement (VanEck Funds)