Common use of Access to Records; Inspection Rights Clause in Contracts

Access to Records; Inspection Rights. We will permit your officers and properly designated representatives and independent public accountants for the Trust identified by you reasonable access to the records of the Account for the purpose of confirming the content of those records. Upon at least ten days’ prior notice, during our regular banking hours, any such officer or properly designated representative, any independent public accountants for the Trust identified by you and any person designated by any regulatory authority having jurisdiction over you or the Trust will be entitled to examine on our premises the Silver held by us on our premises pursuant to this Agreement and our records regarding the Silver held hereunder at a Sub-Custodian, but only upon receipt from you of properly authorised instructions to that effect. Unless we have received at least ten days’ prior notice and reasonable assurances (in the our sole discretion) that any costs and expenses incurred in connection therewith will be indemnified to us, we shall not be required to move to our premises any Silver held at a Sub-Custodian for purposes of making it available for inspection as provided herein. In addition, we understand that, in connection with the preparation of the financial statements of the Trust that will be filed from time to time with the United States Securities and Exchange Commission, officers of the Sponsor will be required by law or regulation to provide written assurances regarding the reliability of the internal controls used in the preparation of those financials. To the extent that our activities or controls in our capacity as custodian of the Trust assets are relevant to the information presented in the financial statements of the Trust, we will cooperate with the Sponsor and the Trustee to enable the Sponsor to provide the required written assurances referred to above, including (but not limited to) by providing the Sponsor’s and the Trust’s external auditors with any necessary information and reports regarding our internal control over financial reporting as far as such reporting relates to the scope of our duties.

Access to Records; Inspection Rights. We will permit your officers and properly designated representatives and independent public accountants for the Trust identified by you reasonable access to the records of the Account for the purpose of confirming the content of those records. Upon at least ten days’ ' prior notice, during our regular banking hours, any such officer or properly designated representative, any independent public accountants for the Trust identified by you and any person designated by any regulatory authority having jurisdiction over you or the Trust will be entitled to examine on our premises the Silver Gold held by us on our premises pursuant to this Agreement and our records regarding the Silver Gold held hereunder at a Sub-Custodian, but only upon receipt from you of properly authorised instructions to that effect. Unless we have received at least ten days’ ' prior notice and reasonable assurances (in the our sole discretion) that any costs and expenses incurred in connection therewith will be indemnified to us, we shall not be required to move to our premises any Silver Gold held at a Sub-Custodian for purposes of making it available for inspection as provided herein. In addition, we understand that, in connection with the preparation of the financial statements of the Trust that will be filed from time to time with the United States Securities and Exchange Commission, officers of the Sponsor will be required by law or regulation to provide written assurances regarding the reliability of the internal controls used in the preparation of those financials. To the extent that our activities or controls in our capacity as custodian of the Trust assets are relevant to the information presented in the financial statements of the Trust, we will cooperate with the Sponsor and the Trustee to enable the Sponsor to provide the required written assurances referred to above, including (but not limited to) by providing the Sponsor’s 's and the Trust’s 's external auditors with any necessary information and reports regarding our internal control over financial reporting as far as such reporting relates to the scope of our duties.

Access to Records; Inspection Rights. We will permit your officers and properly designated representatives and independent public accountants for the Trust identified by you reasonable access to the records of the Account for the purpose of confirming the content of those records. Upon at least ten days’ prior notice, during our regular banking hours, any such officer or properly designated representative, any independent public accountants for the Trust identified by you and any person designated by any regulatory authority having jurisdiction over you or the Trust will be entitled to examine on our premises the Silver Gold held by us on our premises pursuant to this Agreement and our records regarding the Silver Gold held hereunder at a Sub-Custodian, but only upon receipt from you of properly authorised instructions to that effect. Unless we have received at least ten days’ prior notice and reasonable assurances (in the our sole discretion) that any costs and expenses incurred in connection therewith will be indemnified to us, we shall not be required to move to our premises any Silver Gold held at a Sub-Custodian for purposes of making it available for inspection as provided herein. In addition, we understand that, in connection with the preparation of the financial statements of the Trust that will be filed from time to time with the United States Securities and Exchange Commission, officers of the Sponsor will be required by law or regulation to provide written assurances regarding the reliability of the internal controls used in the preparation of those financials. To the extent that our activities or controls in our capacity as custodian of the Trust assets are relevant to the information presented in the financial statements of the Trust, we will cooperate with the Sponsor and the Trustee to enable the Sponsor to provide the required written assurances referred to above, including (but not limited to) by providing the Sponsor’s and the Trust’s external auditors with any necessary information and reports regarding our internal control over financial reporting as far as such reporting relates to the scope of our duties.

Access to Records; Inspection Rights. We will permit your the Trust’s or the Sponsor’s officers and properly designated representatives and independent public accountants for the Trust identified by you the Trust reasonable access to the records of the Account Accounts for the purpose of confirming the content of those records. Upon at least ten days’ prior notice, during our regular banking hours, any such officer We shall permit the Trust’s or the Sponsor’s officers and properly designated representative, any representatives and independent public accountants for the Trust identified by you and any person designated by any regulatory authority having jurisdiction over you or the Trust will be entitled to examine on our premises the Silver Gold held by us on our premises pursuant to this Agreement and our records regarding the Silver Gold held hereunder at a Sub-Custodian, Custodian but only no more than twice per calendar year (unless otherwise agreed in writing by us which agreement shall not be unreasonably withheld or delayed) and upon receipt from you the Trust and/or Sponsor (as the case may be) of properly authorised instructions to that effect. Any such visit shall be conducted at a time and date suitable to the relevant parties over a period agreeable to such parties as reasonably necessary to complete the examination which is the purpose of such visit. Unless we have received at least ten days’ adequate prior notice and reasonable assurances (in the our sole discretion, acting reasonably) that any costs and expenses incurred in connection therewith will be indemnified to us, we shall not be required to move to our premises any Silver Gold held at a Sub-Custodian for purposes of making it available for inspection as provided herein. In addition, we understand that, in connection with the preparation of the financial statements of the Trust that will be filed from time to time with the United States Securities and Exchange Commission, officers of the Sponsor will be required by law or regulation to provide written assurances regarding the reliability of the internal controls used in the preparation of those financials. To the extent that our activities or controls in our capacity as custodian of the Trust assets are relevant to the information presented in the financial statements of the TrustTrust or the preparation of any other filings required by the Trust under the Securities Laws of the United States, we will cooperate with the Sponsor and the Trustee to enable the Sponsor to provide the required written assurances referred to above, including (but not limited to) by providing the Sponsor’s and the Trust’s internal and external auditors with any necessary information and reports regarding our internal control over financial reporting as far as such reporting relates to the scope of our duties.

Access to Records; Inspection Rights. We will permit your officers and properly designated representatives and independent public accountants for the Trust identified by you reasonable access to the records of the Account for the purpose of confirming the content of those records. Upon at least ten days’ ' prior notice, during our regular banking hours, any such officer or properly designated representative, any independent public accountants for the Trust identified by you and any person designated by any regulatory authority having jurisdiction over you or the Trust will be entitled to examine on our premises the Silver Gold held by us on our premises pursuant to this Agreement and our records regarding the Silver Gold held hereunder at a Sub-Custodian, but only upon receipt from you of properly authorised instructions to that effect. Unless we have received at least ten days’ ' prior notice and reasonable assurances (in the our sole discretion) that any costs and expenses incurred in connection therewith will be indemnified to us, we shall not be required to move to our premises any Silver Gold held at a Sub-Custodian for purposes of making it available for inspection as provided herein. In addition, we understand that, in connection with the preparation of the financial statements of the Trust that will be filed from time to time with the United States Securities and Exchange Commission, officers of the Sponsor will be required by law or regulation to provide written assurances regarding the reliability of the internal controls used in the preparation of those financials. To the extent that our activities or controls in our capacity as custodian of the Trust assets are relevant to the information presented in the financial statements of the Trust, we will cooperate with the Sponsor and the Trustee to enable the Sponsor to provide the required written assurances referred to above, including (but not limited to) by providing the Sponsor’s 's and the Trust’s 's external auditors with any necessary information and reports regarding our internal control over financial reporting as far as such reporting relates to the scope of our duties.

Access to Records; Inspection Rights. We will Custodian shall permit your officers and properly designated representatives of Trustee and independent public accountants for the Trust identified by you Trustee reasonable access to the records of the Account for the purpose of confirming the content of those records. Upon at least ten days’ ' prior notice, during our Custodian's regular banking hours, any such officer or properly designated representativerepresentative of Trustee, any independent public accountants for the Trust identified by you Trustee and any person designated by any regulatory authority having jurisdiction over you Trustee or the Trust will shall be entitled to examine on our Custodian's premises (i) the Silver Property held by us Custodian on our its premises pursuant to this Agreement and our (ii) Custodian's records regarding the Silver Property held hereunder at a Sub-CustodianCustodian in accordance with Section 5 hereof, but only upon receipt from you Trustee of properly authorised authorized instructions to that effect. In addition, Custodian shall cooperate with Trustee in providing to Trustee's external auditors and the Trust's external auditors such reports (or portions thereof) of the external auditors of Custodian as relate directly to Custodian's system of internal accounting controls and procedures applicable to its duties under this Agreement. Unless we have it has received at least ten days’ ' prior notice and reasonable assurances (in the our Custodian's sole discretion) that any costs and expenses incurred in connection therewith will be indemnified to usCustodian, we Custodian shall not be required to (a) move to our Custodian's premises any Silver Property held at a Sub-Custodian for purposes of making it available for inspection as provided herein. In addition, we understand thator (b) with respect to Property held through Custodian's account at The Bank of England, in connection with move to a Sub-Custodian or other location Property for purposes of making it available for inspection as provided herein, it being understood that Property held through Custodian's account at The Bank of England cannot be inspected on the preparation premises of the financial statements The Bank of the Trust that will be filed from time to time with the United States Securities and Exchange Commission, officers of the Sponsor will be required by law or regulation to provide written assurances regarding the reliability of the internal controls used in the preparation of those financials. To the extent that our activities or controls in our capacity as custodian of the Trust assets are relevant to the information presented in the financial statements of the Trust, we will cooperate with the Sponsor and the Trustee to enable the Sponsor to provide the required written assurances referred to above, including (but not limited to) by providing the Sponsor’s and the Trust’s external auditors with any necessary information and reports regarding our internal control over financial reporting as far as such reporting relates to the scope of our dutiesEngland.

Access to Records; Inspection Rights. We will Custodian shall permit your officers and properly designated representatives of Trustee and independent public accountants for the Trust identified by you Trustee reasonable access to the records of the Account for the purpose of confirming the content of those records. Upon at least ten days’ prior notice, during our Custodian’s regular banking hours, any such officer or properly designated representativerepresentative of Trustee, any independent public accountants for the Trust identified by you Trustee and any person designated by any regulatory authority having jurisdiction over you Trustee or the Trust will shall be entitled to examine on our Custodian’s premises (i) the Silver Property held by us Custodian on our its premises pursuant to this Agreement and our (ii) Custodian’s records regarding the Silver Property held hereunder at a Sub-CustodianCustodian in accordance with Section 5 hereof, but only upon receipt from you Trustee of properly authorised authorized instructions to that effect. In addition, Custodian shall cooperate with Trustee in providing to Trustee’s external auditors and the Trust’s external auditors such reports (or portions thereof) of the external auditors of Custodian as relate directly to Custodian’s system of internal accounting controls and procedures applicable to its duties under this Agreement. Unless we have it has received at least ten days’ prior notice and reasonable assurances (in the our Custodian’s sole discretion) that any costs and expenses incurred in connection therewith will be indemnified to usCustodian, we Custodian shall not be required to (a) move to our Custodian’s premises any Silver Property held at a Sub-Custodian for purposes of making it available for inspection as provided herein or (b) with respect to Property held through Custodian’s account at The Bank of England, move to a Sub-Custodian or other location Property for purposes of making it available for inspection as provided herein. In addition, we understand that, in connection with it being understood that Property held through Custodian’s account at The Bank of England cannot be inspected on the preparation premises of the financial statements The Bank of the Trust that will be filed from time to time with the United States Securities and Exchange Commission, officers of the Sponsor will be required by law or regulation to provide written assurances regarding the reliability of the internal controls used in the preparation of those financials. To the extent that our activities or controls in our capacity as custodian of the Trust assets are relevant to the information presented in the financial statements of the Trust, we will cooperate with the Sponsor and the Trustee to enable the Sponsor to provide the required written assurances referred to above, including (but not limited to) by providing the Sponsor’s and the Trust’s external auditors with any necessary information and reports regarding our internal control over financial reporting as far as such reporting relates to the scope of our dutiesEngland.