Procedures Handbook definition
Examples of Procedures Handbook in a sentence
This Procedures Handbook details the procedures for placing and processing Purchase Orders and Redemption Orders in Creation Units.
Sponsor or US Bank may send you updates or supplements to this Procedures Handbook from time to time, as necessary.
For the avoidance of doubt, nothing in this Section 16 shall obligate the Authorized Participant to engage in an In-Kind Transaction; the decision to effectuate an In-Kind Transaction shall rest solely with the Authorized Participant in its discretion, subject to acceptance by the Trust and compliance with all other provisions of this Agreement and the Procedures Handbook.
A Redemption Order is deemed received by US Bank on the Transmittal Date if (i) such order is received by US Bank not later than the specified Cut-off Time on such Transmittal Date; and (ii) all other applicable procedures set forth in this Procedures Handbook are properly followed.
A Purchase Order is deemed received by US Bank on the Transmittal Date if (i) such order is received by US Bank not later than the specified Cut-off Time on such Transmittal Date; and (ii) all other applicable procedures set forth in this Procedures Handbook are properly followed.
Definitions used in this Procedures Handbook can be found in the Glossary in Appendix C.