De-allocation. Following receipt by the Custodian of notice for the withdrawal of Physical Gold from a Fund Allocated Account pursuant to clause 4.1, the Custodian shall de-allocate sufficient Physical Gold from the Fund Allocated Account to credit the corresponding Fund Unallocated Account in the amount required. The Trust acknowledges that the process of de-allocation of Physical Gold for withdrawal and/or credit to the Fund Unallocated Account may involve minimal adjustments to the weight of Physical Gold to be withdrawn to adjust such weight to the whole bars available.
Appears in 5 contracts
Samples: Allocated Gold Account Agreement (World Gold Trust), Allocated Gold Account Agreement (World Gold Trust), Allocated Gold Account Agreement
De-allocation. Following receipt by the Custodian of notice for the withdrawal of Physical Gold from a Fund the Trust Allocated Account pursuant to clause 4.1, the Custodian shall de-allocate sufficient Physical Gold from the Fund Trust Allocated Account to credit the corresponding Fund Trust Unallocated Account in the amount required. The Trust Trustee acknowledges that the process of de-allocation of Physical Gold for withdrawal and/or credit to the Fund Trust Unallocated Account may involve minimal adjustments to the weight of Physical Gold to be withdrawn to adjust such weight to the whole bars available.
Appears in 5 contracts
Samples: Allocated Account Agreement, Depositary Trust Agreement (Merk Gold Trust), Depositary Trust Agreement (Merk Gold Trust)
