Orders in MMFs. a) Any Instruction by the Client to purchase any MMF shall be based on the gross dollar amount of the value of shares to be purchased. b) Any Instruction by the Client for subscriptions, exchanges or redemption orders in any MMF shall be made gross and shall not net any subscription, exchange or redemption orders in any MMF, including any orders originating from underlying customers of the Client, if any.
Appears in 64 contracts
Sources: Custodian Agreement (Two Roads Shared Trust), Custodian Agreement (New Alternatives Fund), Custodian and Transfer Agent Agreement (Exchange Place Advisors Trust)
Orders in MMFs. a) Any Instruction by the Client to purchase any MMF shall be based on the gross dollar amount of the value of shares to be purchased.
b) Any Instruction by the Client for subscriptions, exchanges or redemption orders in any MMF shall be made gross and shall not net any subscription, exchange or redemption orders in any MMF, including any orders originating from underlying customers of the Client, if any.
Appears in 1 contract
Orders in MMFs. a) Any Instruction by the Client to purchase any MMF shall be based on the gross dollar amount of the value of shares to be purchased.
. b) Any Instruction by the Client for subscriptions, exchanges or redemption orders in any MMF shall be made gross and shall not net any subscription, exchange or redemption orders in any MMF, including any orders originating from underlying customers of the Client, if any.
Appears in 1 contract
Orders in MMFs. a) a. Any Instruction by the Client to purchase any MMF shall be based on the gross dollar amount of the value of shares to be purchased.
b) b. Any Instruction by the Client for subscriptions, exchanges or redemption orders in any MMF shall be made gross and shall not net any subscription, exchange or redemption orders in any MMF, including any orders originating from underlying customers of the Client, if any.
Appears in 1 contract
Sources: Custodian Agreement (Pgim Etf Trust)