Common use of Order Placement Clause in Contracts

Order Placement. To place orders to create or, if authorized by the Sponsor, redeem, one or more Baskets of a Trust, the Authorized Participant must follow the procedures for creation and redemption referred to in Section 3 of this Agreement and the procedures described in Annex A hereto (the “Procedures”), as each may be amended, modified or supplemented from time to time.

Appears in 10 contracts

Samples: Master Participant Agreement (Grayscale Filecoin Trust (FIL)), Master Participant Agreement (Grayscale Ethereum Trust (ETH)), Master Participant Agreement (Grayscale Ethereum Classic Trust (ETC))

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Order Placement. To place orders to create or, if authorized by the SponsorManager, redeem, one or more Baskets of a TrustBaskets, the Authorized Participant must follow the procedures for creation and redemption referred to in Section 3 of this Agreement and the procedures described in Annex A hereto (the “Procedures”), as each may be amended, modified or supplemented from time to time.

Appears in 1 contract

Samples: Participant Agreement (Grayscale Digital Large Cap Fund LLC)

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Order Placement. To place orders to create or, if authorized by the SponsorManager, redeem, one or more Baskets of a TrustFund, the Authorized Participant must follow the procedures for creation and redemption referred to in Section 3 of this Agreement and the procedures described in Annex A hereto (the “Procedures”), as each may be amended, modified or supplemented from time to time.

Appears in 1 contract

Samples: Master Participant Agreement (Grayscale Digital Large Cap Fund LLC)

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