Common use of Delivery of Creation Units Clause in Contracts

Delivery of Creation Units. When Cash is received by the Custodian on the third (3rd) Business Day (or earlier) after the Creation, the Shares will be released.

Appears in 3 contracts

Samples: Authorized Participant Agreement (ProShares Trust II), Authorized Participant Agreement (ProShares Trust II), Authorized Participant Agreement (ProShares Trust II)

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Delivery of Creation Units. When Cash is received by the Custodian on the third second (3rd2nd) Business Day (or earlier) after the Creation, the Shares will be released.

Appears in 1 contract

Samples: Trust Authorized Participant Agreement (Vs Trust)

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Delivery of Creation Units. When Cash is and / or the Deposit Securities are received by the Custodian on the third (3rd) Business Day (or earlier) after the Creation, the Shares will be released.

Appears in 1 contract

Samples: Agency Services Agreement (J.P. Morgan Exchange-Traded Fund Trust)

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