Common use of Rights and Obligations of DTC Participant Clause in Contracts

Rights and Obligations of DTC Participant. In executing the Authorized Participant Agreement, the Authorized Participant agrees in connection with any purchase or redemption transactions in which it acts for an Authorized Participant Client or for any other DTC Participant or indirect participant, or any other person on whose behalf it holds iShares, that it shall extend to any such party all of the rights, and shall be bound by all of the obligations, of a DTC Participant in addition to any obligations that it undertakes hereunder or under the Procedures.

Rights and Obligations of DTC Participant. In executing the Authorized Participant Agreement, the Authorized Participant agrees in connection with any purchase or redemption transactions in which it acts for an Authorized Participant Client or for any other DTC Participant or indirect participant, or any other person on whose behalf it holds iSharesBeneficial Owner, that it shall extend to any such party all of the rights, and shall be bound by all of the obligations, of a DTC Participant in addition to any obligations that it undertakes hereunder or under in accordance with the Procedures.

Rights and Obligations of DTC Participant. In executing the Authorized Participant Agreement, the Authorized Participant agrees in connection with any purchase or redemption transactions in which it acts for an Authorized Participant Client or for any other DTC Participant or indirect participant, or any other person on whose behalf it holds iSharesShares, that it shall extend to any such party all of the rights, and shall be bound by all of the obligations, of a DTC Participant in addition to any obligations that it undertakes hereunder or under the Procedures.

Rights and Obligations of DTC Participant. In executing the Authorized Participant this Agreement, the Authorized Participant agrees that, in connection with any purchase or redemption transactions in Purchase Order which it acts for an Authorized a Participant Client or for any other DTC Participant or indirect participant, or any other person on whose behalf it holds iSharesBeneficial Owner, that it shall extend to any such party all of the rights, and shall be bound by all of the obligations, of a DTC Participant in addition to any obligations that it undertakes hereunder or under in accordance with the ProceduresProspectus and/or the Procedures Handbook.

Rights and Obligations of DTC Participant. In executing the Authorized Participant Agreement, the Authorized Participant agrees in connection with any purchase or redemption transactions in which it acts for an Authorized Participant Client or for any other DTC Participant or indirect participantIndirect DTC Participant (each as defined in the Trust Agreement), or any other person on whose behalf it holds iShares, Beneficial Owner that it shall extend to any such party Person all of the rights, and shall be bound by all of the obligations, of a DTC Participant in addition to any obligations that it undertakes hereunder or under in accordance with the Procedures.

Rights and Obligations of DTC Participant. In executing the Authorized Participant Agreement, the Authorized Participant agrees in connection with any purchase or redemption transactions in which it acts for an Authorized Participant Client or for any other DTC Participant or indirect participant, or any other person on whose behalf it holds iSharesBeneficial Owner, that it shall extend to any such party all of the rightsrights (to the extent permitted by applicable rules and regulations), and shall be bound by all of the obligations, of a DTC Participant in addition to any obligations that it undertakes hereunder or under in accordance with the Procedures.

Rights and Obligations of DTC Participant. In executing the Authorized Participant this Agreement, the Authorized Participant agrees in connection with any purchase or redemption transactions in which it acts for an Authorized a Participant Client or for any other DTC Participant or indirect participant, or any other person on whose behalf it holds iSharesBeneficial Owner, that it shall extend to any such party all of the rights, and shall be bound by all of the obligations, of a DTC Participant in addition to any obligations that it undertakes hereunder or under in accordance with the ProceduresProspectus.

Rights and Obligations of DTC Participant. In executing the Authorized Participant this Agreement, the Authorized Participant agrees that, in connection with any purchase or redemption transactions in which it acts for an Authorized a Participant Client or for any other DTC Participant or indirect participant, or any other person on whose behalf it holds iSharesBeneficial Owner, that it shall extend to any such party all of the rights, and shall be bound by all of the obligations, of a DTC Participant in addition to any obligations that it undertakes hereunder or under in accordance with the ProceduresProspectus or the Procedures Handbook.