Common use of ROLE OF PARTICIPANT Clause in Contracts

ROLE OF PARTICIPANT. The Participant acknowledges and agrees that for all purposes of this Agreement, the Participant will be deemed to be an independent contractor and shall have no authority in any matter or in any respect to act as agent of the Distributor, the Transfer Agent or the Trust.

Appears in 16 contracts

Samples: Participant Agreement (PowerShares India Exchange-Traded Fund Trust), Participant Agreement (Powershares Actively Managed Exchange-Traded Fund Trust), Participant Agreement (Powershares Actively Managed Exchange-Traded Fund Trust)

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ROLE OF PARTICIPANT. (a) The Participant acknowledges and agrees that for all purposes of this Agreement, the Participant will be deemed to be an independent contractor contractor, and shall will have no authority to act as agent for the Fund or the Distributor in any matter or in any respect respect. The Participant agrees to act as agent make itself and its employees available, upon request, during normal business hours to consult with the Fund or the Distributor or their designees concerning the performance of the Distributor, the Transfer Agent or the TrustParticipant's responsibilities under this Agreement.

Appears in 6 contracts

Samples: Authorized Participant Agreement (Ishares Trust), Authorized Participant Agreement (Foreign Fund Inc), Authorized Participant Agreement (Foreign Fund Inc)

ROLE OF PARTICIPANT. The Participant acknowledges and agrees that for all purposes of this Agreement, the Participant will be deemed to be an independent contractor contractor, and shall have no authority in any matter or in any respect transaction to act as agent of the Distributor, the Transfer Agent Trustee or the Trust, in any manner or in any respect. The Participant agrees to make itself and its employees available, upon request, during normal business hours to consult with the Trust, the Distributor, the Trustee, or the Participant’s custodian or their designees concerning the performance of the Participant’s responsibilities under this Agreement.

Appears in 4 contracts

Samples: Participant Agreement (Invesco QQQ Trust, Series 1), Participant Agreement (Invesco BLDRS Index Funds Trust), Participant Agreement (Powershares QQQ Trust, Series 1)

ROLE OF PARTICIPANT. (a) The Participant acknowledges and agrees that that, for all purposes of this Agreement, the Participant will be deemed to be an independent contractor contractor, and shall will have no authority to act as agent for the Trust, Funds or the Distributor in any matter or in any respect respect. The Participant agrees to act as agent make itself and its employees available, upon request, during normal business hours to consult with the Trust, Funds or the Distributor or their designees concerning the performance of the Distributor, the Transfer Agent or the TrustParticipant’s responsibilities under this Agreement.

Appears in 2 contracts

Samples: Exchange Listed Funds Trust Authorized Participant Agreement (Exchange Listed Funds Trust), Authorized Participant Agreement (TrimTabs ETF Trust)

ROLE OF PARTICIPANT. (a) The Participant acknowledges and agrees that for all purposes of this Agreement, the Participant will be deemed to be an independent contractor contractor, and shall will have no authority to act as agent for the Funds or the Distributor in any matter or in any respect respect. The Participant agrees to act as agent make itself and its employees available, upon request, during normal business hours to consult with the Funds or the Distributor or their designees concerning the performance of the Distributor, the Transfer Agent or the TrustParticipant’s responsibilities under this Agreement.

Appears in 2 contracts

Samples: Authorized Participant Agreement (FocusShares Trust), Authorized Participant Agreement (Ziegler Exchange Traded Trust)

ROLE OF PARTICIPANT. (a) The Participant acknowledges and agrees that for all purposes of this Agreement, the Participant will be deemed to be an independent contractor contractor, and shall will have no authority to act as agent for the Funds or the Distributor in any matter or in any respect respect. The Participant agrees to act as agent make itself and its employees available, upon request, during normal business hours to consult with the Funds or the Distributor or their designees concerning the performance of the Distributor, the Transfer Agent or the TrustParticipant's responsibilities under this Agreement.

Appears in 2 contracts

Samples: Trust Authorized Participant Agreement (RevenueShares ETF Trust), Authorized Participant Agreement (Exchange Traded Trust)

ROLE OF PARTICIPANT. The Participant acknowledges and agrees that for all purposes of this Agreement, the Participant will be deemed to be an independent contractor contractor, and shall will have no authority to act as agent for the Trust, the Distributor, or the Custodian, in any matter or in any respect respect. The Participant agrees to act as agent of make itself and its employees available, upon request, during normal business hours to consult with the Trust, the Distributor, the Transfer Agent Custodian, or the TrustParticipant’s custodian or their designees concerning the performance of the Participant’s responsibilities under this Agreement.

Appears in 2 contracts

Samples: Participant Agreement (SPDR S&p Midcap 400 Etf Trust), Participant Agreement (SPDR S&p Midcap 400 Etf Trust)

ROLE OF PARTICIPANT. The Participant acknowledges and agrees that that, for all purposes of this Agreement, the Participant will be deemed to be an independent contractor and shall have no authority in any matter or in any respect to act as agent of the Distributor, the Transfer Agent or the Trust.

Appears in 2 contracts

Samples: Participant Agreement (VanEck Vectors ETF Trust), Participant Agreement (VanEck Vectors ETF Trust)

ROLE OF PARTICIPANT. (a) The Participant acknowledges and agrees that that, for all purposes of this Agreement, the Participant will be deemed to be an independent contractor contractor, and shall will have no authority to act as agent for the Funds or the Distributor or any other service providers to the Trust in any matter or in any respect respect. The Participant agrees to act as agent make itself and its employees available, upon request, during normal business hours to consult with the Funds or the Distributor or their designees concerning the performance of the Distributor, the Transfer Agent or the TrustParticipant’s responsibilities under this Agreement.

Appears in 1 contract

Samples: Authorized Participant Agreement (CSOP ETF Trust)

ROLE OF PARTICIPANT. (a) The Participant acknowledges and agrees that that, for all purposes of this Agreement, the Participant will be deemed to be an independent contractor contractor, and shall will have no authority to act as agent for the Funds or the Distributor in any matter or in any respect respect. The Participant agrees to act as agent of make itself and its employees available, upon request, during normal business hours to consult with the Funds, the Distributor, the Transfer Index Receipt Agent or their designees concerning the Trustperformance of the Participant’s responsibilities under this Agreement.

Appears in 1 contract

Samples: Authorized Participant Agreement (U.S. One Trust)

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ROLE OF PARTICIPANT. (a) The Participant acknowledges and agrees that that, for all purposes of this Agreement, the Participant will be deemed to be an independent contractor contractor, and shall will have no authority to act as agent of the Trust or the Distributor in any matter or in any respect respect. The Participant agrees to act as agent of make itself and its employees available, upon reasonable request, during normal business hours to consult with a Fund or the Distributor, or their designees, concerning the Transfer Agent or performance of the TrustParticipant’s responsibilities under this Agreement.

Appears in 1 contract

Samples: Authorized Participant Agreement (Strategy Shares)

ROLE OF PARTICIPANT. (a) The Participant acknowledges and agrees that that, for all purposes of this Agreement, the Participant will be deemed to be an independent contractor contractor, and shall will have no authority to act as agent for the Funds, the Distributor or the Transfer Agent in any matter or in any respect respect. The Participant agrees to act as agent make itself and its employees available, upon request, during normal business hours to consult with the Funds or the Distributor or their designees concerning the performance of the Distributor, the Transfer Agent or the TrustParticipant’s responsibilities under this Agreement.

Appears in 1 contract

Samples: Authorized Participant Agreement (ETF Series Trust)

ROLE OF PARTICIPANT. (a) The Participant acknowledges and agrees that that, for all purposes of this Agreement, the Participant will be deemed to be an independent contractor contractor, and shall will have no authority to act as agent for the Funds or the Distributor in any matter or in any respect to act as agent of the Distributor, the Transfer Agent or the Trust.any

Appears in 1 contract

Samples: Authorized Participant Agreement (Precidian ETFs Trust)

ROLE OF PARTICIPANT. (a) The Participant acknowledges and agrees that that, for all purposes of this Agreement, the Participant will be deemed to be an independent contractor contractor, and shall will have no authority to act as agent for the Funds or the Distributor in any matter or in any respect respect. The Participant agrees to act as agent make itself and its employees available, upon request, during normal business hours to consult with the Funds or the Distributor or their designees concerning the performance of the Distributor, the Transfer Agent or the TrustParticipant’ s responsibilities under this Agreement.

Appears in 1 contract

Samples: Authorized Participant Agreement (FocusShares Trust)

ROLE OF PARTICIPANT. (a) The Participant acknowledges and agrees that that, for all purposes of this Agreement, the Participant will be deemed to be an independent contractor contractor, and shall will have no authority to act as agent of the Trust or the Distributor in any matter or in any respect respect. The Participant agrees to act as agent of make itself and its employees available, upon reasonable request, during normal business hours to consult with the Trust or the Distributor, or their designees, concerning the Transfer Agent or performance of the TrustParticipant's responsibilities under this Agreement.

Appears in 1 contract

Samples: Authorized Participant Agreement (OSI ETF Trust)

ROLE OF PARTICIPANT. (a) The Participant acknowledges and agrees that that, for all purposes of this Agreement, the Participant will be deemed to be an independent contractor contractor, and shall will have no authority to act as agent of the Trust, the Funds, or the Distributor in any matter or in any respect respect. The Participant agrees to act as agent make itself and its employees available, upon reasonable request, during normal business hours to consult with the Funds or the Distributor or their designees concerning the performance of the Distributor, the Transfer Agent or the TrustParticipant’s responsibilities under this Agreement.

Appears in 1 contract

Samples: Authorized Participant Agreement (Pointbreak ETF Trust)

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