Redemption Order definition

Redemption Order shall have the meaning assigned thereto in Section 7.1(a).

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Redemption Order means a Redemption Order in the form attached to the LS Operating Procedures Agreement, or such other form as may be acceptable to the Issuer in its sole discretion.

Redemption Order is defined in Section 2.6.

Examples of Redemption Order in a sentence

The redemption of Baskets may be suspended by the Sponsor generally, or refused with respect to a particular Redemption Order, during any period when the transfer books of the Transfer Agent are closed or if circumstances outside the control of the Sponsor or its delegate make it for all practicable purposes not feasible to process Redemption Orders or for any other reason at any time or from time to time.
None of the Sponsor, its delegates or the Custodian shall be liable for the suspension or rejection of any Redemption Order.
The Sponsor or its delegate shall reject a Redemption Order if the Redemption Order is not in proper form as described in the relevant Authorized Participant Agreement or if the fulfillment of the Redemption Order, in the opinion of its counsel, might be unlawful.

More Definitions of Redemption Order

Redemption Order shall have the meaning ascribed to it in Section 1 of the Authorized Participant Agreement.

Redemption Order means a Redemption Order in the form attached to the Operating Procedures Agreement, or such other form as may be acceptable to the Issuer in its sole discretion.

Redemption Order shall have the meaning set forth in Section 4(b) of the Participants Agreement.

Redemption Order has the meaning specified in Section 2.9(a).

Redemption Order means an irrevocable order to redeem one or more Creation Units by a Participant.

Redemption Order shall have the meaning assigned to such term in Section 2.10(a) herein.

Redemption Order means an order to redeem one or more Baskets.