Common use of Application of Trust Property Clause in Contracts

Application of Trust Property. You are only entitled to instruct us to take any action in relation to the Trust Property that you would otherwise be entitled to instruct us to take pursuant to the terms of this Agreement (disregarding this Schedule 2) and we will only be required to take any such action to the same extent that we would be required to take pursuant to the terms of this Agreement (disregarding this Schedule 2).

Appears in 5 contracts

Samples: Allocated Account Agreement (Abrdn Precious Metals Basket ETF Trust), Allocated Account Agreement (Abrdn Platinum ETF Trust), Allocated Account Agreement (Abrdn Palladium ETF Trust)

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Application of Trust Property. You are only entitled to instruct us to take any action in relation to the Trust Property that you would otherwise be entitled to instruct us to take pursuant to the terms of this Agreement (disregarding this Schedule 21) and we will only be required to take any such action to the same extent that we would be required to take pursuant to the terms of this Agreement (disregarding this Schedule 21).

Appears in 3 contracts

Samples: Allocated Bullion Account Agreement (SPDR Gold Trust), Allocated Bullion Account Agreement (SPDR Gold Trust), Allocated Bullion Account Agreement (SPDR Gold Trust)

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