SALE AND REDEMPTION OF SHARES. 1. Whenever the Trust shall sell any shares issued by the Trust (“Shares”) it shall deliver or cause the Administrator to deliver to Custodian a Certificate or Instructions specifying the amount of money and/or Securities to be received by Custodian for the sale of such Shares and specifically allocated to an Account for such Series.
Appears in 8 contracts
Samples: Form of Custody Agreement (Northern Lights Fund Trust Ii), Custody Agreement (Northern Lights Variable Trust), Agreement (Northern Lights Fund Trust)
SALE AND REDEMPTION OF SHARES. 1. Whenever If applicable, whenever the Trust shall sell any shares issued by the Trust (“Shares”) it shall deliver or cause the Administrator to deliver to Custodian a Certificate or Instructions Instructions, or cause the Trust’s Transfer Agent to provide instructions, specifying the amount of money and/or Securities Cash, if any, to be received by Custodian for in connection with the sale of such Shares and specifically allocated to an Account for the Trust. Upon receipt of such SeriesCash, if any, Custodian shall credit the same to an Account in the name of the Trust for which such Cash, if any, is received.
Appears in 2 contracts
Samples: Custody Agreement (Sprott ESG Gold ETF), Custody Agreement (Sprott ESG Gold ETF)
SALE AND REDEMPTION OF SHARES. 1. Whenever the Trust shall sell any shares issued by the Trust (“Shares”) it shall deliver or cause the Administrator to deliver to Custodian a Certificate or Instructions Instructions, or cause the Trust’s Transfer Agent to provide instructions, specifying the amount of money and/or Securities Cash, if any, to be received by Custodian for in connection with the sale of such Shares and specifically allocated to an Account for such SeriesFund. Upon receipt of such Cash, if any, Custodian shall credit the same to an Account in the name of the Fund for which such Cash, if any, is received.
Appears in 2 contracts
Samples: Custody Agreement (World Currency Gold Trust), Form of Custody Agreement (World Currency Gold Trust)
SALE AND REDEMPTION OF SHARES. 1. Whenever the Trust Trusts shall sell any shares issued by the Trust Trusts (“Shares”) it shall deliver or cause the Administrator to deliver to Custodian a Certificate or Instructions specifying the amount of money and/or Securities to be received by Custodian for the sale of such Shares and specifically allocated to an Account for such Series.
Appears in 2 contracts
Samples: Custody Agreement (XTF Advisors Trust), Custody Agreement (XTF Investors Trust)
SALE AND REDEMPTION OF SHARES. 1. Whenever the Trust shall sell any shares issued by the Trust (“Shares”) it shall deliver or cause the Administrator to deliver to Custodian a Certificate or Instructions Instructions, or cause the Trust’s Transfer Agent to provide instructions, specifying the amount of money and/or Securities Cash, if any, to be received by Custodian for in connection with the sale of such Shares and specifically allocated to an the Account. Upon receipt of such Cash, if any, Custodian shall credit the Account for which such SeriesCash, if any, is received.
Appears in 1 contract
SALE AND REDEMPTION OF SHARES. 1. Whenever the Trust shall sell any shares issued by the Trust (“Shares”) it shall deliver or cause the Administrator to deliver to Custodian a Certificate or Instructions Instructions, or cause the Trust’s Transfer Agent to provide instructions, specifying the amount of money and/or money, if any, and the particular Securities and the amount of each Security to be received by Custodian for the sale of such Shares and specifically allocated to an Account for such SeriesFund.
Appears in 1 contract
