Opening Account. We shall open and maintain the Account. The Account shall comprise: (a) an Allocated Account in respect of Gold which you ask us to hold for you on an allocated basis; and (b) an Unallocated Account in respect of Gold which you ask us to hold for you on an unallocated basis, which together shall be treated as a single account for all purposes of this Agreement unless the context requires otherwise.
Appears in 6 contracts
Samples: Custodian Agreement (iShares Gold Trust Micro), Custodian Agreement (iShares Gold Trust Micro), Custodian Agreement (iShares Gold Trust Micro)
Opening Account. We shall open and maintain the Account. The Account shall comprise:
(a) an Allocated Account in respect of Gold Silver which you ask us to hold for you on an allocated basis; and
(b) an Unallocated Account in respect of Gold Silver which you ask us to hold for you on an unallocated basis, which together shall be treated as a single account for all purposes of this Agreement unless the context requires otherwise.
Appears in 5 contracts
Samples: Custodian Agreement (iShares Silver Trust), Custodian Agreement (iShares Silver Trust), Custodian Agreement (iShares Silver Trust)