Processing an Order. The Distributor reserves the right to suspend an Order in the event that its acceptance would appear to result in the Participant or a Beneficial Owner owning 80 percent (80%) or more of all outstanding shares of a given Fund. In such event, the telephone representative will attempt to contact an Authorized Person for purposes of confirmation of the fact that with respect to such Participant no Beneficial Owner would own 80 percent (80%) or more of all outstanding shares of a given Fund upon execution of the Order. In the event that (i) the telephone representative is unable to contact an Authorized Person or (ii) the Participant fails to transmit an identical Order containing a representation and warranty as to such fact, then the Order shall be deemed invalid.
Processing an Order. The Transfer Agent reserves the right to suspend an Order in the event that its acceptance would appear to result in the Participant or a Beneficial Owner owning 80 percent (80%) or more of all outstanding shares of a given Fund. In such event, the telephone representative will attempt to contact an Authorized Person for purposes of confirmation of the fact that with respect to such Participant no Beneficial Owner would own 80 percent (80%) or more of all outstanding shares of a given Fund upon execution of the Order. In the event that (i) the telephone representative is unable to contact an Authorized Person or (ii) the Participant fails to transmit an identical Order containing a representation and warranty as to such fact, then the Order shall be deemed invalid.
Processing an Order. The Transfer Agent, Distributor and the Trust each reserve the right to reject any Order in the event that its acceptance would appear to result in the Participant or a Beneficial Owner owning eighty percent (80%) or more of all outstanding shares of any Fund. In such event, the telephone representative will attempt to contact an Authorized Person for purposes of reconfirming the representation provided by the Participant in Section 8 of the Agreement. In the event that (i) the telephone representative is unable to contact an Authorized Person or (ii) the Participant is unable to reconfirm the representation provided by the Participant in Section 8 of the Agreement, then the Order may be deemed invalid by the Transfer Agent, Distributor or the Trust, in their sole discretion.
Processing an Order. The Bank undertakes to process a received Order carefully in the best interest of the Customer. The Bank executes an Order according to its currently valid order execution policy, unless the Customer gives special instructions deviating from the execution policy. When the Customer submits an Order, the Customer is regarded to have approved the Bank’s currently valid order execution policy (cf. execution policy published on xxx.xxxxxx.xxx/xxxxx). The Customer consents to the Bank’s execution policy. The Customer is aware and accepts that the counterparty to the trade may be the Bank, a company belonging to the Nordea Group, an organisation or a foundation under its authority or its pension fund or foundation. An Order will be processed without undue delay unless it has been specifically agreed with the Customer that the Order will be processed at a time deemed best by the Bank or at some other time. The Customer is obligated to contribute to the processing of the Order. If an Order does not have a Limit Price, the Bank is entitled to execute the Order at the prevailing market price (a market price order). The Bank has the right to execute the Order in parts, unless otherwise agreed. Unless agreed otherwise with the Customer, the Bank is entitled to combine the Customer’s Order with another customer’s Order or with its own Order in accordance with the applicable law and Market Rules. Detailed information on the processing and combination of Orders and division of trades can be found in the Bank’s currently valid execution policy (cf. execution policy published on xxx.xxxxxx.xxx/xxxxx). Before executing a purchase order, the Bank is entitled to ensure that the Customer is able to pay the purchase price of the Derivative Contract. In a purchase order, the Bank is entitled to demand a down payment or the partial or full payment in advance. On the basis of an Order and an executed trade, the Bank is entitled to take action to settle the trade, to secure its collateral pursuant to these Terms and Conditions and the Market Place’s possible lien and to take other similar measures.
Processing an Order. The Principal Underwriter reserves the right to suspend a Purchase Order in the event that its acceptance would appear to result in the Participant or a Beneficial Owner owning 80 percent (80%) or more of all outstanding Shares of any Fund. In such event, the Fresco'sm' Index Shares telephone representative will attempt to contact an Authorized Person for purposes of confirmation of the fact that with respect to such Participant no Beneficial Owner would own 80 percent (80%) or more of all outstanding Shares of any Fund upon execution of the Purchase Order. In the event that (i) the telephone representative is unable to contact an Authorized Person or (ii) the Participant fails to transmit an identical Purchase Order containing a representation and warranty as to such fact, then the Purchase Order shall be deemed invalid.
Processing an Order. The Bank undertakes to process a received Order carefully in the best interest of the Customer. The Bank executes an Order according to its currently valid order execution policy, unless the Customer gives special instructions deviating from the execution policy. When the Customer submits an Order, the Customer is regardHG WR KDYH DSSUcuRrrYenHtlyGva lidWoKrdHer %DQN¶V execution policy (cf. execution policy published on xxx.xxxxxx.xxx/xxxxx). The Customer consents to WKH %eDxeQcNuti¶onVp olicy. The Customer is aware and accepts that the counterparty to the trade may be the Bank, a company belonging to the Nordea Group, an organisation or a foundation under its authority or its pension fund or foundation. An Order will be processed without undue delay unless it has been specifically agreed with the Customer that the Order will be processed at a time deemed best by the Bank or at some other time. The Customer is obligated to contribute to the processing of the Order. If an Order does not have a Limit Price, the Bank is entitled to execute the Order at the prevailing market price (a market price order). The Bank has the right to execute the Order in parts, unless 2UGHU LV YHULILHG E\ WKH %DQN¶V Vot\heVrwWisHe aPgVree d . An Order submitted by a Customer should include the following, as applicable:
Processing an Order. The Distributor reserves the right to suspend an ------------------- Order in the event that its acceptance would appear to result in the Participant or a Beneficial Owner owning 80 percent or more of all outstanding DIAMONDS. In such event, the DIAMONDS telephone representative will attempt to contact an Authorized Person for purposes of confirmation of the fact that with respect to such Participant no Beneficial Owner would own 80 percent (80%) or more of all outstanding DIAMONDS upon execution of the Order. In the event that (i) the DIAMONDS telephone representative is unable to contact an Authorized Person or (ii) the Participant fails to transmit an identical Order containing a representation and warranty as to such fact, then the Order shall be deemed invalid.
Processing an Order. The Distributor or Administrator, as applicable, reserves the right to suspend a Submission in the event that its acceptance would appear to result in the Participant or a Beneficial Owner owning 80 percent or more of all outstanding shares of the Treasury FITR Series relating to that Submission. In such event, the Distributor or the ETF Advisors Telephone Representative or Administrator, as applicable, will attempt to contact an Authorized Person for purposes of confirmation of the fact that with respect to such Participant no Beneficial Owner would own 80 percent or more of all outstanding shares of the Treasury FITR Series upon execution of the Submission. In the event that (i) the Distributor and the ETF Advisors Telephone Representative or Administrator, as applicable, is unable to contact an Authorized person or (ii) the Participant fails to transmit an identical Submission containing a representation and warranty as to such fact, then the Submission shall be deemed invalid.
Processing an Order. The Distributor will accept a Purchase or Redemption ------------------- Order as "good" and confirmed if (i) the Participant communicates by telephone to the Distributor, prior to the AMEX Closing time, a Purchase or Redemption Order (whether on its own behalf or on behalf of another investor), together with all relevant information concerning the terms of such Order, and (ii) the Participant verifies that such Purchase or Redemption Order and its terms, as transcribed by the Distributor and repeated back to the Participant, have been accurately communicated to the Distributor. Notwithstanding the foregoing, the Participant acknowledges that a Purchase Order cannot be placed until the Participant has made arrangements satisfactory to the Fund for payment of the Cash Component and any other cash amounts which may be due. In addition, the Participant and Distributor each acknowledge that a Redemption Order can not be placed until the Participant has given notice to the Distributor of its intent to place a Redemption Order. The Participant understands and acknowledges that the Redemption Order trade may be broken by the Fund, with all costs of the Fund or the Distributor related to breaking the trade being attributed to the Participant, unless the Participant has transferred or caused to be transferred to the Fund the Creation Unit of iShares to be redeemed or the requisite amount of cash collateral in connection with such Redemption Order and the Transfer Agent has verified receipt of such Creation Unit of iShares or collateral by 2:00 p.m. New York time on the Business Day following the day on which the Redemption Order was submitted. For purposes of quality assurance only, the Distributor will on a best efforts basis provide the Participant with a facsimile affirmation of the terms of the trade and will endeavor to contact the Participant concerning such affirmation.
Processing an Order. The Transfer Agent, Distributor and the Trust each reserve the right to reject any Order in the event that its acceptance would appear to result in the Participant or a Beneficial Owner owning eighty percent (80%) or more of all outstanding shares of a given Fund. In such event, the telephone representative will attempt to contact an Authorized Person for purposes of reconfirming the representation provided by the Participant in Section 10 of the Agreement. In the event that (i) the telephone representative is unable to contact an Authorized Person or (ii) the Participant fails to transmit an identical Order or other acceptable document in the sole discretion of the Distributor or Transfer Agent, as the case may be, containing a representation and warranty as to such fact, then the Order shall be deemed invalid.
