Amendment of Section 2. 4(a) of the FXY Agreement. The fifth sentence of Section 2.4(a) of the FXY 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 Japanese Yen 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: Depositary Trust Agreements (Currencyshares Chinese Renminbi Trust), Depositary Trust Agreements (Currencyshares Euro Trust), Depositary Trust Agreements (CurrencyShares Singapore Dollar Trust)