Foreign Currency Risks. The Client shall bear the risk and expense associated with Cash denominated in any currency.
Foreign Currency Risks. The Client shall bear all risks of investing in Securities or holding Cash denominated in a currency other than that of the Client's home jurisdiction. Without limiting the foregoing, the Client shall bear the risks that rules or procedures imposed by Securities Depositories, exchange controls, asset freezes or other laws or regulations shall prohibit or impose burdens or costs on the transfer to, by or for the account of the Client of Securities or Cash held outside the Client's jurisdiction or denominated in a currency other than the currency of the Client's home jurisdiction or the conversion of Cash from one currency into another currency. The Custodian shall not be obligated to substitute another currency for a currency (including a currency that is a component of a Composite Currency Unit) whose transferability, convertibility or availability has been affected by such law, regulation, rule or procedure. Neither the Custodian nor any Subcustodian shall be liable to the Client for any loss resulting from any of the foregoing events.
Foreign Currency Risks. The Client and the Fund shall bear the risk and expense associated with Cash denominated in any currency.
Foreign Currency Risks. The Client shall bear all risks and expenses associated with investing in Securities or holding cash denominated in a currency other than that of the Client’s home jurisdiction. Neither the Custodian nor any member of the Citigroup Organization shall be obligated to substitute another currency for a currency whose transferability, convertibility or availability has been affected by any law, regulation, rule or procedure.
Foreign Currency Risks. The Client shall bear all risks and expenses associated with investing in Securities or holding cash denominated in a currency other than that of the Client’s home jurisdiction. Neither the Bank nor any Bank Affiliate shall be obligated to substitute another currency for a currency whose transferability, convertibility or availability has been affected by any law, regulation, rule or procedure. The Bank will have no liability for any Losses arising from the occurrence of any event that may affect the transferability, convertibility or availability of any currency and in no event will the Bank be under any obligation to substitute another currency for any currency the transferability, convertibility or availability of which has been affected by such law, regulation or event. Transactions in any currency will be subject to the rules and regulations laid down by the exchange control authorities of the relevant Local Jurisdiction.
Foreign Currency Risks. The Trust will bear the risk associated with Cash denominated in any currency. Citi may make any currency conversion at the prevailing rate of exchange for the relevant currencies at the time of conversion as required to effect any Instruction.
Foreign Currency Risks. You acknowledge that a deposit account denominated in a foreign currency and held outside the United States entails significant risks that are not associated with a deposit account denominated in United States dollars, or with deposits held in the United States. These risks include expropriation of assets we hold in a foreign country which relate to a Multicurrency Account, moratoriums on payments by banks and other obligors where we have deposited assets which relate to Multicurrency Accounts, and the imposition or modification of foreign exchange controls with respect to the foreign currency in which the Multicurrency Account is denominated. These risks depend upon factors over which we have no control, such as economic and political events and the supply of and demand for the foreign currency in which the Multicurrency Account is denominated. We cannot assure you that such events will not restrict or prohibit payment or withdrawal of your deposits. For these and other reasons, it is possible that your Selected Currency would not be available to us on a date we are scheduled to pay you or make a transfer. You should consult your own financial, legal and tax advisors regarding the risks involved in maintaining a deposit account denominated in a foreign currency, including exchange control and exchange rate risks.
Foreign Currency Risks. The Portfolio bears all risks of holding or transacting in any currency. Without limiting the generality of the foregoing, the Portfolio bears all risks that rules or procedures imposed by Securities Depositories, exchange controls, asset freezes or other laws or regulations shall prohibit or impose burdens on or costs relating to the transfer of, by or for the account of the Portfolio securities, cash or currency held outside the United States or denominated in a currency other than U. S. dollars or on the conversion of any currency so held. The Custodian shall in no event be obligated to substitute another currency (including U.S. dollars) for a currency whose transferability, convertibility or availability has been affected by any such law, regulation, rule or procedure.
Foreign Currency Risks. The profit or loss on transactions in foreign currency-denominated contracts (whether they are traded in your own or another jurisdiction) will be affected by fluctuations in currency exchange rates where there is a need to convert from the currency denomination of the contract to another currency. If you enter into currency option transactions you are exposed to risks that exchange rates may significantly change (including changes due to devaluation of one of the underlying currencies) and the risk that authorities with jurisdiction over one of the underlying currencies may impose or modify exchange controls. Government and monetary authorities may impose (as some have done in the past) exchange controls that could adversely affect an applicable exchange rate.
Foreign Currency Risks. The Client shall bear all risks of investing in Securities or holding Cash denominated in a currency, including a Composite Currency Unit, other than that of the Client’s home jurisdiction. Without limiting the foregoing, the Client shall bear the risks that rules or procedures imposed by Securities Depositories, exchange controls, asset freezes or other laws or regulations shall prohibit or impose burdens or costs on the transfer to, by or for the account of the Client of 7 Rev. 9/28/93 2.CUS Securities or Cash held outside the Client’s jurisdiction or denominated in a currency other than the currency of the Client’s home jurisdiction or the conversion of Cash from one currency into another currency. The Custodian shall not be obligated to substitute another currency for a currency (including a currency that is a component of a Composite Currency Unit) whose transferability, convertibility or availability has been affected by such law, regulation, rule or procedure. Neither the Custodian nor any Subcustodian shall be liable to the Client for any loss resulting from any of the foregoing events.
