Common use of ROLE OF PARTICIPANT Clause in Contracts

ROLE OF PARTICIPANT. The Participant acknowledges and agrees that for all purposes of this Agreement, the Participant shall have no authority in any matter or in any respect to act as agent of the Distributor, the Transfer Agent or the Trust.

Appears in 54 contracts

Samples: Participant Agreement (PowerShares India Exchange-Traded Fund Trust), Participant Agreement (Powershares Exchange Traded Fund Trust), Participant Agreement (PowerShares Exchange-Traded Fund Trust II)

AutoNDA by SimpleDocs

ROLE OF PARTICIPANT. The Participant acknowledges and agrees that for all purposes of this Agreement, the Participant shall have no authority in any matter or in any respect to act as agent of the DistributorSponsor, the Transfer Agent Agent, the Custodians or the Trust.

Appears in 1 contract

Samples: Participation Agreement (Invesco Galaxy Bitcoin ETF)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.