Common use of Phone Orders and Website Orders Clause in Contracts

Phone Orders and Website Orders. When placing Orders by phone, an Authorized Person, on behalf of the Participant, shall be required to provide his or her name, the name of the Participant whom he or she represents, and a valid PIN Number (with said PIN Number to be issued by the Distributor). When placing Orders through the Website, an Authorized Person on behalf of the Participant, shall be required to enter a valid firm PIN Number, a valid personal ID, and password (with said password provided by the Distributor) for Website access and trade order processing. The Participant shall have access only to certain section(s) of the Website, as determined by the Trust or the Distributor, in their sole discretion. The Participant shall adhere to the security procedures mandated by the Distributor from time to time in all material respects; provided, however, that, a reasonable time prior to implementation by the Distributor, said security procedures, previously have been provided to and received by the Participant. The PIN Number, personal ID, and password shall be kept confidential and shall not be shared with any third party unless otherwise required by applicable Law. It is acknowledged and agreed that these procedures may be revised and updated from time to time and made available in the AP Handbook.

Appears in 2 contracts

Sources: Authorized Participant Agreement (Quaker Investment Trust), Authorized Participant Agreement (Advisors' Inner Circle Fund II)

Phone Orders and Website Orders. When placing Orders by phone, an Authorized Person, on behalf of the Participant, shall be required to provide his or her name, the name of the Participant whom he or she represents, and a valid PIN Number (with said PIN Number to be issued by the Distributor). When placing Orders through the Website, an Authorized Person on behalf of the Participant, shall be required to enter a valid firm PIN Number, a valid personal ID, and password (with said password provided by the Distributor) for Website access and trade order processing. The Participant shall have access only to certain section(s) of the Website, as determined by the Trust or the Distributor, in their sole discretion. The Participant shall adhere to the security procedures mandated by the Distributor from time to time in all material respects; provided, however, that, a reasonable time prior to implementation by the Distributor, that said security procedures, procedures previously have been provided to and received by the Participant. The PIN Number, personal ID, and password shall be kept confidential and shall not be shared with any third party unless otherwise required by applicable Law. It is acknowledged and agreed that these procedures may be revised and updated from time to time and made available in the AP Handbook.

Appears in 1 contract

Sources: Authorized Participant Agreement (SEI Exchange Traded Funds)