Cash Orders definition

Cash Orders means orders for creations or redemptions of Shares other than through In-Kind Orders.
Sample 1Sample 2Sample 3
Cash Orders shall have the meaning ascribed to it in Section 9 of the Authorized Participant Agreement.
Sample 1Sample 2Sample 3
Cash Orders means those orders you give us for the identification number. Each sealed deposit must be prepared in delivery of U.S.coins or currency by armored courier. accordance with the requirements set forth in the cash vault reference materials. A deposit ticket listing your name, deposit account number (f) ".Cash vault(s)" means the cash vault(s) that we have and the amount of funds must be included in each sealed deposit. designated as serving your business location(s). (b) You must cause sealed deposits to be delivered by the (g) ".Contaminated currency." means any currency which the armored courier to the appropriate cash vault for each of your locations. Federal Reserve Bank classifies as contaminated, including any We may reject, impose a special fee on and/or delay processing of any currency damaged by or exposed to a contaminant hazard (including deposit if(i)the deposit ticket does not match the amount of the deposit, any chemical, radioactive or biological substances) that may present a (ii)the deposit was not prepared in accordance with the requirements health or safety risk or that cannot be processed under normal operating set forth in the cash vault reference materials, (iii)the deposit is procedures. delivered to the wrong cash vault, (iv)the deposit is delivered by anyone Page 25 of 61 TREASURY MANAGEMENT U / SUN RUST TERMS AND CONDITIONS other than the armored courier or (v)any deposit bag appears to be them to the armored courier. If a deposit is lost in transit, you are unsealed or to have been tampered with. responsible for recreating that deposit. (c) In the event that we accept delivery of an unsealed (b) The armored courier must be acceptable to us, in our deposit bag or a deposit bag that appears to have been tampered with sole discretion. If we determine, in our sole discretion,that the armored (each such bag is referred to in these cash vault terms and conditions courier's service is not satisfactory, we may terminate your ability to use as an"unsealed deposit"),we will give you notice on the day we receive the cash vault service by giving you 10 days notice, unless you have it. Unless you have previously given us instructions on how to process engaged a new armored courier satisfactory to us, in our sole discretion, unsealed deposits, we will not process or take any action regarding an within that 10-day period. unsealed deposit until you give us an instruction(in a form acceptable to us)regarding its disposition. 8. .Contaminated and Mu...
Sample 1Sample 2

Examples of Cash Orders in a sentence

  • As set forth in the recitals to the Authorized Participant Agreement, it is the current position of the SEC that the Trust shall only create and redeem Shares pursuant to Cash Orders.

  • The Redemption of Shares pursuant to Cash Orders that are not Alternate Cash Orders shall only take place if approved by the Sponsor in writing in its absolute discretion and on a case-by-case basis.

  • The Creation of Shares, whether pursuant to In-Kind Orders or Cash Orders, may be suspended or rejected under the circumstances specified in the Trust Agreement, these Procedures or the Standard Terms.

  • The Redemption of Shares, whether In-Kind Orders or Cash Orders, may be suspended or rejected under the circumstances specified in the Trust Agreement, these Procedures or the Standard Terms.


More Definitions of Cash Orders

Cash Orders means those orders you give us for the delivery of U.S. coins or currency by armored courier.
Sample 1

Related to Cash Orders

  • Bunched Orders means a single Order placed by an Account Manager for two or more of its Accounts on the SEF operated by BSEF pursuant to Rule 528.

  • Orders means judgments, writs, decrees, compliance agreements, injunctions or orders of any Governmental Entity or arbitrator.

  • Payment Order means an instruction of a sender to a receiving bank, transmitted orally, electronically, or in writing, to pay, or to cause another bank to pay, a fixed or determinable amount of money to a beneficiary if the following apply:

  • Standing Orders means the Standing Orders issued by Infosys (applicable to all its employees) in accordance with Section 7 of the Industrial Employment (Standing Orders) Act 1946.