Common use of Amendment of Section 4 Clause in Contracts

Amendment of Section 4. 7(b) of the FXA Agreement. The first sentence of Section 4.7(b) of the FXA Agreement is hereby deleted and replaced with the following: On the first day of each month that is both a Local Business Day and a New York Business Day, the Trustee shall withdraw from the Non-Interest Account amounts necessary to pay the Trust expenses provided for in Section 4.7(a) and any otherwise unpaid expenses hereunder.

Appears in 9 contracts

Samples: Depositary Trust Agreements (Currencyshares Japanese Yen Trust), Depositary Trust Agreements (Currencyshares Australian Dollar Trust), Depositary Trust Agreements (Currencyshares British Pound Sterling Trust)

AutoNDA by SimpleDocs

Amendment of Section 4. 7(b) of the FXA FXE Agreement. The first sentence of Section 4.7(b) of the FXA FXE Agreement is hereby deleted and replaced with the following: On the first day of each month that is both a Local Business Day and a New York Business Day, the Trustee shall withdraw from the Non-Interest Account amounts necessary to pay the Trust expenses provided for in Section 4.7(a) and any otherwise unpaid expenses hereunder.

Appears in 9 contracts

Samples: Depositary Trust Agreements (Currencyshares Japanese Yen Trust), Depositary Trust Agreements (Currencyshares Swedish Krona Trust), Depositary Trust Agreements (Currencyshares Canadian Dollar Trust)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!