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Common use of Redemption Process Clause in Contracts

Redemption Process. The redemption of Shares shall take place only in integral numbers of Creation Units in compliance with the following rules:

Appears in 3 contracts

Sources: Authorized Participant Agreement (World Gold Trust), Authorized Participant Agreement (World Gold Trust), Allocated Precious Metal Account Agreement (World Gold Trust)

Parent Clauses

  • The Liquidator
  • Transactions Between a Member and the Company
  • Other Terms
  • Enforcement of Rights with respect to Contributed Notes and other Transaction Documents
  • Redemption

Sub-Clauses

  • Announcement
  • Anuncio
  • Exercise by holders
  • Price
  • Formalization of the Redemption
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