Common use of Amendment of Section 2 Clause in Contracts

Amendment of Section 2. 4(a) of the FXSG Agreement. The fifth sentence of Section 2.4(a) of the FXSG Agreement is hereby deleted and replaced with the following: The “Settlement Date” for a Purchase Order shall be the next New York Business Day following the first New York Business Day that is also a Local Business Day following the Order Date, unless the Trustee has not received confirmation of the receipt of the Basket Singapore Dollar Amount from the Depository on such next New York Business Day, in which case the Settlement Date shall be the next following day that is both a New York Business Day and a Local Business Day.

Appears in 9 contracts

Samples: Trust Agreements (Currencyshares Swiss Franc Trust), Depositary Trust Agreements (Currencyshares British Pound Sterling Trust), Depositary Trust Agreements (Currencyshares Canadian Dollar Trust)

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Amendment of Section 2. 4(a) of the FXSG FXCH Agreement. The fifth sentence of Section 2.4(a) of the FXSG FXCH Agreement is hereby deleted and replaced with the following: The “Settlement Date” for a Purchase Order shall be the next New York Business Day following the first New York Business Day that is also a Local Business Day following the Order Date, unless the Trustee has not received confirmation of the receipt of the Basket Singapore Dollar Amount from the Depository on such next New York Business Day is not a Local Business Day, in which case the Settlement Date shall be the next following day that is both a New York Business Day and a Local Business Day.

Appears in 9 contracts

Samples: Depositary Trust Agreements (Currencyshares Canadian Dollar Trust), Depositary Trust Agreements (CurrencyShares Singapore Dollar Trust), Trust Agreements (Currencyshares Swiss Franc Trust)

Amendment of Section 2. 4(a) of the FXSG FXB Agreement. The fifth sentence of Section 2.4(a) of the FXSG FXB Agreement is hereby deleted and replaced with the following: The “Settlement Date” for a Purchase Order shall be the next second New York Business Day following the first New York Business Day Order Date unless that day is also not a Local Business Day following the Order Date, unless the Trustee has not received confirmation of the receipt of the Basket Singapore Dollar Amount from the Depository on such next New York London Business Day, in which case the Settlement Date shall be the next following day that is both a New York Business Day and a Local London Business Day.

Appears in 3 contracts

Samples: Trust Agreements (Currencyshares Swiss Franc Trust), Depositary Trust Agreements (CurrencyShares Singapore Dollar Trust), Depositary Trust Agreements (Currencyshares Chinese Renminbi Trust)

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Amendment of Section 2. 4(a7(a) of the FXSG FXCH Agreement. The fifth sentence of Section 2.4(a2.7(a) of the FXSG FXCH Agreement is hereby deleted and replaced with the following: The “Settlement Date” for a Purchase Redemption Order shall be the next New York Business Day following the first New York Business Day that is also a Local Business Day following the Order Date, unless the Trustee has not received confirmation of the receipt of the Basket Singapore Dollar Amount from the Depository on such next New York Business Day is not a Local Business Day, in which case the Settlement Date shall be the next following day that is both a New York Business Day and a Local Business Day.

Appears in 2 contracts

Samples: Trust Agreements (Currencyshares Swiss Franc Trust), Depositary Trust Agreements (Currencyshares Chinese Renminbi Trust)

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