Common use of NOTES FOR TRUSTEE AND DEPOSITORY Clause in Contracts

NOTES FOR TRUSTEE AND DEPOSITORY. (REDEMPTION T) 4.1 The Trustee will only deliver the authenticated electronic message (SWIFT MT202) to the Depository on REDEMPTION T+2 after confirming the Trustee’s receipt of Shares from the Authorized Participant through DTC.

Appears in 9 contracts

Sources: Participant Agreements (Currencyshares Japanese Yen Trust), Participant Agreements (Currencyshares Swiss Franc Trust), Participant Agreements (Currencyshares Euro Trust)

NOTES FOR TRUSTEE AND DEPOSITORY. (REDEMPTION T) 4.1 ) R1.3.1 The Trustee will only deliver the authenticated electronic message (SWIFT MT202) to the Depository on REDEMPTION T+2 T+1 only after confirming the Trustee’s receipt of Shares from the Authorized Participant through DTC.

Appears in 7 contracts

Sources: Participant Agreements (Currencyshares Japanese Yen Trust), Participant Agreements (Currencyshares Swiss Franc Trust), Participant Agreements (Currencyshares Euro Trust)