Order System definition
Examples of Order System in a sentence
Participate in Feasible Action Review Committee (FARC) meetings and complete Work Orders generated by the Department’s Bridge Work Order System within allowable timeframes.
The Participant acknowledges that use of the DASH Order System (as defined below) is subject to the terms and conditions as required by the Distributor, the Index Receipt Agent and/or the Funds’ transfer agent in connection with all Purchase and Redemption Orders through an electronic order entry system, known as the Direct Access to a Secure Hub or DASH made available to the Participant (the “DASH Order System”) in connection with the purchase and redemption of Creation Units.
Notwithstanding the forgoing, the Participant acknowledges that references to the applicable Electronic Order System User Guide (or any successor documents) contained herein are for instructional purposes only, and such Electronic Order System User Guide (or any successor documents) does not contain any additional representations, warranties or obligations by the Trust, the Transfer Agent, the Distributor or their respective agents.
The parties agree the Agreement does not create a partnership, employment, agency or fiduciary relationship of any kind.
Orders submitted through the Electronic Order System must be in accordance with the terms of this Agreement, the Prospectus, the Web Order Site, the Electronic Order System Agreement (the “Electronic Order System Agreement,” which must be separately entered into by the Participant) and the applicable Electronic Order System User Guide (or any successor documents).
An Order must be submitted as of the Order Cut-Off Time on the day the Order was placed if it is to be processed by the Electronic Order System in accordance with the procedures outlined below and in the documents listed in the following paragraph.
An Authorized Person for the Participant will log in to the Electronic Order System prior to the cut-off time for placing Orders with the Fund (the “Order Cut-Off Time”) set forth in the particular Fund’s order form (“Order Form”) and enter the terms of the Order.
If the Electronic Order System is not available, Orders may be placed by telephone, as described in section 1.c. If the Transfer Agent has not provided an order number to a Participant in response to the Participant’s request for creation unit(s) and the Participant has not transmitted the Order Form to the Transfer Agent prior to the Order Cut-Off Time (as defined below), the Order will not be Complete and will not be processed.
This position requires having a vast knowledge of the Work Order System, Energy Management Program and must have good working knowledge of building structures, HVAC and ancillary equipment, including the operation of all utility systems.
Either the Trust or the Distributor may reject any Purchase Order that is not submitted in proper form by 3:00 p.m., Eastern Time (or 4:00 p.m. through the Order System or via the U.S. Postal Service), as applicable.