Common use of Delivery Obligations Clause in Contracts

Delivery Obligations. Unless otherwise instructed by the Trustee on behalf of the Trust or the relevant person, the Custodian shall make any transportation and insurance arrangements in respect of delivery of Bullion in accordance with its usual practice. Where instructions are given, the Custodian shall use all reasonable efforts to comply with the same. The Custodian shall not be obliged to effect any requested delivery if, in its reasonable opinion, this would cause the Custodian or its agents to be in breach of the Rules or other applicable law, court order or regulation, the costs incurred would be excessive or delivery is impracticable for any reason. All insurance and transportation costs shall be for the account of the Trust.

Appears in 5 contracts

Samples: Unallocated Account Agreement (Abrdn Platinum ETF Trust), Unallocated Account Agreement (Abrdn Precious Metals Basket ETF Trust), Unallocated Account Agreement (Abrdn Gold ETF Trust)

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Delivery Obligations. Unless otherwise instructed by the Trustee on behalf of the Trust or the relevant person, the Custodian shall make any transportation and insurance arrangements in respect of delivery of Bullion in accordance with its usual practice. Where instructions are given, the Custodian shall use all reasonable efforts to comply with the same. The Custodian shall not be obliged to effect any requested delivery if, in its reasonable opinion, this would cause the Custodian or its agents to be in breach of the Rules or other applicable law, court order or regulation, ; the costs incurred would be excessive or delivery is impracticable for any reason. All With the exception of any delivery pursuant to clause 4.3, all insurance and transportation costs shall be for the account of the Trust.

Appears in 4 contracts

Samples: Unallocated Account Agreement (ETFS Gold Trust), Unallocated Account Agreement (ETFS Gold Trust), Unallocated Account Agreement (ETFS Platinum Trust)

Delivery Obligations. Unless otherwise instructed by the Trustee on behalf of the Trust or the relevant person, the Custodian shall make any transportation and insurance arrangements in respect of delivery of Bullion in accordance with its usual practice. Where instructions are given, the Custodian shall use all reasonable efforts to comply with the same. The Custodian shall not be obliged to effect any requested delivery if, in its reasonable opinion, this would cause the Custodian or its agents to be in breach of the Rules or other applicable law, court order or regulation, ; the costs incurred would be excessive or delivery is impracticable for any reason. [All insurance and transportation costs shall be for the account of the Trust.]

Appears in 3 contracts

Samples: Agreement (Etfs Silver Trust), Unallocated Account Agreement (ETFS Platinum Trust), Agreement (Etfs Palladium Trust)

Delivery Obligations. Unless otherwise instructed by the Trustee on behalf of the Trust or the relevant person, the Custodian shall make any transportation and insurance arrangements in respect of delivery of Bullion in accordance with its usual practice. Where instructions are given, the Custodian shall use all reasonable efforts to comply with the same. The Custodian shall not be obliged to effect any requested delivery if, in its reasonable opinion, this would cause the Custodian or its agents to be in breach of the Rules or other applicable law, court order or regulation, ; the costs incurred would be excessive or delivery is impracticable for any reason. All With the exception of any delivery pursuant to clause 4.2, all insurance and transportation costs shall be for the account of the Trust.

Appears in 3 contracts

Samples: Agreement, Unallocated Account Agreement (Etfs Palladium Trust), Unallocated Account Agreement (ETFS Platinum Trust)

Delivery Obligations. Unless otherwise instructed by the Trustee on behalf of the Trust or the relevant person, the Custodian shall make any transportation and insurance arrangements in respect of delivery of Bullion in accordance with its usual practice. Where instructions are given, the Custodian shall use all reasonable efforts to comply with the same. The Custodian shall not be obliged to effect any requested delivery if, in its reasonable opinion, this would cause the Custodian or its agents to be in breach of the Rules or other applicable law, court order or regulation, ; the costs incurred would be excessive or delivery is impracticable for any reason. All insurance and transportation costs shall be for the account of the Trust.

Appears in 2 contracts

Samples: Unallocated Account Agreement (Aberdeen Standard Silver ETF Trust), Unallocated Account Agreement (Etfs Silver Trust)

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Delivery Obligations. Unless otherwise instructed by the Trustee on behalf of the Trust or the relevant person, the Custodian shall make any transportation and insurance arrangements in respect of delivery of Bullion in accordance with its usual practice. Where instructions are given, the Custodian shall use all reasonable efforts to comply with the same. The Custodian shall not be obliged to effect any requested delivery if, in its reasonable opinion, this would cause the Custodian or its agents to be in breach of the Rules or other applicable law, court order or regulation, ; the costs incurred would be excessive or delivery is impracticable for any reason. All With the exception of any delivery pursuant to clause 3.2 or clause 4.2, all insurance and transportation costs shall be for the account of the Trust.

Appears in 1 contract

Samples: Unallocated Account Agreement (ETFS Precious Metals Basket Trust)

Delivery Obligations. Unless otherwise instructed by the Trustee on behalf of the Trust or the relevant person, the Custodian shall make any transportation and insurance arrangements in respect of delivery of Bullion in accordance with its usual practice. Where instructions are given, the Custodian shall use all reasonable efforts to comply with the same. The Custodian shall not be obliged to effect any requested delivery if, in its reasonable opinion, this would cause the Custodian or its agents to be in breach of the Rules or other applicable law, court order or regulation, ; the costs incurred would be excessive or delivery is impracticable for any reason. All With the exception of any delivery pursuant to 4.3, all insurance and transportation costs shall be for the account of the Trust.

Appears in 1 contract

Samples: Account Agreement (ETFS Asian Gold Trust)

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