Appointment of Depository. Section 1.1. The Depositor hereby appoints the Depository as custodian of the metals described in each Safekeeping Advice (the "Precious Metals") which the Depository will issue from time to time in accordance with Section 2.2 hereof during the term of this Agreement.
Appears in 2 contracts
Samples: Depository Agreement (Bull & Bear Gold Investors LTD), Depository Agreement (First Eagle Sogen Funds Inc)
Appointment of Depository. Section 1.1. The Depositor hereby appoints the Depository as custodian of the metals described in each Safekeeping Advice (the "βPrecious Metals"β) which the Depository will issue from time to time in accordance with Section 2.2 hereof during the term of this Agreement.
Appears in 2 contracts
Samples: Depository Agreement (Midas Fund, Inc.), Depository Agreement (Midas Perpetual Portfolio, Inc.)
