Verification. The Transfer Agent and Distributor shall assume that all instructions issued to them using a PIN have been properly placed by an Authorized Person, unless the Transfer Agent or Distributor, as the case may be, has actual knowledge to the contrary or the Participant has properly revoked such PIN as provided herein. Neither the Distributor nor the Transfer Agent shall have any obligation to verify that an Order is being placed by an Authorized Person.
Appears in 32 contracts
Sources: Distribution Agreement (Select Sector SPDR Trust), Authorized Participant Agreement (Allspring Exchange-Traded Funds Trust), Authorized Participant Agreement (MFS Active Exchange Traded Funds Trust)
Verification. The Distributor and Transfer Agent shall not verify that an Order is being placed by an Authorized Person. The Distributor and Distributor Transfer Agent shall be entitled to assume that all instructions issued to them it using a the Participant’s PIN Number have been properly placed by an Authorized PersonPersons, unless the Distributor or Transfer Agent or DistributorAgent, as the case may be, has actual knowledge to the contrary or the Participant has properly revoked such PIN Number as provided herein. Neither the Distributor nor the Transfer Agent shall have any obligation to verify that an Order is being placed by an Authorized Person.
Appears in 18 contracts
Sources: Authorized Participant Master Agreement (Fidelity Ethereum Fund), Authorized Participant Master Agreement (Fidelity Wise Origin Bitcoin Fund), Authorized Participant Agreement (PIMCO ETF Trust)
Verification. The Distributor and Transfer Agent shall not verify that an Order is being placed by an Authorized Person. The Distributor and Distributor Transfer Agent shall assume that all instructions issued to them it using a the Participant’s PIN Number have been properly placed by an Authorized PersonPersons, unless the Distributor or Transfer Agent or DistributorAgent, as the case may be, has actual knowledge to the contrary or the Participant has properly revoked such PIN Number as provided herein. Neither the Distributor nor the Transfer Agent shall have any obligation to verify that an Order is being placed by an Authorized Person.
Appears in 3 contracts
Sources: Authorized Participant Agreement, Authorized Participant Agreement (PIMCO ETF Trust), Authorized Participant Agreement (PIMCO ETF Trust)
Verification. The Distributor and Transfer Agent shall not verify that an Order is being placed by an Authorized Person. The Distributor and Distributor Transfer Agent shall be entitled to assume that all instructions issued to them it using a the Participant's PIN Number have been properly placed by an Authorized PersonPersons, unless the Distributor or Transfer Agent or DistributorAgent, as the case may be, has actual knowledge to the contrary or the Participant has properly revoked such PIN Number as provided herein. Neither the Distributor nor the Transfer Agent shall have any obligation to verify that an Order is being placed by an Authorized Person.
Appears in 2 contracts
Sources: Authorized Participant Agreement (Fidelity Merrimack Street Trust), Authorized Participant Agreement (Fidelity Covington Trust)
Verification. The Transfer Agent and Distributor shall assume that all instructions issued to them using a PIN have been properly placed by an Authorized Person, unless the Transfer Agent or Distributor, as the case may be, has actual knowledge to the contrary or the Authorized Participant has properly revoked such PIN as provided herein. Neither the Distributor nor the Transfer Agent shall have any obligation to verify that an Order is being placed by an Authorized Person.
Appears in 2 contracts
Sources: Authorized Participant Agreement (Franklin Templeton ETF Trust), Authorized Participant Agreement (Franklin ETF Trust)
Verification. The Transfer Agent and Distributor shall assume that all instructions and Orders issued to them using a PIN have been properly placed by an Authorized Person, unless the Transfer Agent or Distributor, as the case may be, has actual knowledge to the contrary because they received from the Participant written notice as set forth above that such person is no longer authorized to act on behalf of Participant or the Participant has properly revoked such PIN as provided hereinherein and such party has had a reasonable period of time to act thereon. Neither the Distributor nor the Transfer Agent shall have any obligation to verify that an Order is being placed placed, or an instruction is being given, by an Authorized Person.
Appears in 1 contract
Sources: Authorized Participant Agreement (Thornburg ETF Trust)
Verification. The Transfer Agent and Distributor shall not have any obligation to verify instructions and Orders given using a PIN Number and shall assume that all instructions and Orders issued to them it using a an Authorized Person’s PIN Number have been properly placed by an Authorized Personplaced, unless the Transfer Agent or Distributor, as the case may be, has and Distributor have actual knowledge to the contrary or because they received from the Participant has properly revoked written notice as set forth in paragraph (i) of this section that such PIN as provided herein. Neither the Distributor nor the Transfer Agent shall have any obligation person is no longer authorized to verify that an Order is being placed by an Authorized Personact on behalf of Participant.
Appears in 1 contract
Sources: Authorized Participant Agreement (Texas Capital Funds Trust)