Transaction Fee definition

Transaction Fee means the fee, in respect of a Sub-Fund, which may be charged for the benefit of the Trustee, the Registrar and/or the Service Agent or the Conversion Agent (as the case may be) to each Participating Dealer on each Dealing Day upon which an Application has been or Applications have been made by the relevant Participating Dealer.

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Transaction Fee shall have the meaning assigned thereto in Section 3.4(d).

Transaction Fee means a transaction fee imposed by the Trust and payable by the Authorized Participant in connection with the creation or redemption of Creation Units.

Examples of Transaction Fee in a sentence

• Prior to the delivery of the redemption distribution for a Redemption Order, the Authorized Participant must also have submitted via CNS or such other means deemed acceptable by the Sponsor, the non-refundable Transaction Fee due for the Redemption Order.

• The Trust will make available on the Domestic Contractual Settlement Date, the Cash Component less the applicable Transaction Fee.

• The Transaction Fee for each Fund shall be set forth in the Prospectus for such Fund.

• The Sponsor shall notify the Depository of any agreement to change the Transaction Fee and shall not implement any increase for redemptions of outstanding Shares until thirty (30) days after the date of that notice.

• In addition, to offset the Trust’s brokerage, transaction, and other costs associated with using the cash to purchase the requisite Deposit Securities, the AP may be required to pay an additional Transaction Fee or adjustment as advised by the Trust which may include any difference between the actual cost to the Trust to acquire the Deposit Securities and the value of the Deposit Securities had the Deposit Securities been delivered.

More Definitions of Transaction Fee

Transaction Fee means, in respect of a Listed Class, the fee, in respect of a Sub-Fund, which may be charged for the benefit of the Registrar and/or the Trustee to each Participating Dealer on each Dealing Day upon which an Application has been or Applications have been made by the relevant Participating Dealer.

Transaction Fee means, as of any date, the fee at the time in effect pursuant to Section 5.7(a) of the Trust Agreement.

Transaction Fee means, in respect of the Listed Class of Units, the fee which may be charged for the benefit of the Trustee, the Registrar and/or the Service Agent to each Participating Dealer on each Dealing Day upon which an Application has been or Applications have been made by the relevant Participating Dealer, the maximum level of which shall be determined by the Trustee with the consent of the Manager and/or the Service Agent from time to time and set out in this Prospectus.

Transaction Fee means the fee which may be charged for the benefit of the Trustee to each Participating Dealer on each Dealing Day upon which a Creation Application or Redemption Application has been made by the relevant Participating Dealer, the maximum level of which shall be as set out in this Prospectus.

Transaction Fee means the fee which may at the discretion of the Manager be charged to each Participating Dealer or Eligible Investor (as the case may be) under the Trust Deed, the maximum level of which shall be determined by the Manager from time to time and set out in this Prospectus;

Transaction Fee means the fee, in respect of a Listed Class of Shares, which may be charged for the benefit of the relevant Custodian, the Registrar, the Conversion Agent (if any) and/or the Service Agent (if any) to each Participating Dealer on each Dealing Day upon which an Application has been or Applications have been made by the relevant Participating Dealer.

Transaction Fee is a fixed dollar fee charged for each Creation Unit regardless of the number of Creations per Business Day for an AP and the applicable Variable Transaction Fee.