Common use of Funds May Have Different APs Clause in Contracts

Funds May Have Different APs. The Participant acknowledges and agrees that one or more other participants may be granted the right to purchase or redeem Shares of a particular Fund and that the Funds for which Participant serves as a participant may be different than the Funds for which other participants serve as participant.

Appears in 40 contracts

Sources: Authorized Participant Agreement (Putnam ETF Trust), Transfer Agency and Service Agreement (Putnam ETF Trust), Authorized Participant Agreement (Federated Hermes ETF Trust)