Common use of Procedures for Orders Clause in Contracts

Procedures for Orders. Each party hereto agrees to comply with the provisions of the Trust Agreement and the Authorized Participant Agreement to the extent applicable to it. The Sponsor may issue additional or other procedures from time to time relating to the manner of creating or redeeming Baskets which are not related to the Procedures, and the Authorized Participant shall comply with such procedures of which it has been notified in accordance with the Authorized Participant Agreement. All Orders are subject to the provisions of the Authorized Participant Agreement relating to unclear or ambiguous instructions.

Procedures for Orders. Each party hereto agrees to comply with the provisions of the Trust Agreement and the Authorized Participant Agreement to the extent applicable to it. The Sponsor may issue additional or other procedures from time to time relating to the manner of creating or redeeming Baskets which are not related to the Procedures, and the Authorized Participant shall comply with such procedures of which it has been notified in accordance with the Authorized Participant this Agreement. All Orders are subject to the provisions of the Authorized Participant Agreement relating to unclear or ambiguous instructions.