Common use of Possibility of not receiving Renminbi upon redemption Clause in Contracts

Possibility of not receiving Renminbi upon redemption. For Renminbi products with a significant portion of non-Renminbi denominated underlying investments, there is a possibility of not receiving the full amount in Renminbi upon redemption. This may be the case if the issuer is not able to obtain sufficient amount of Renminbi in a timely manner due to the exchange controls and restrictions applicable to the currency.

Appears in 14 contracts

Samples: Customer Agreement, Client Agreement, Client Agreement

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Possibility of not receiving Renminbi upon redemption. For Renminbi products with a significant portion of non-Renminbi denominated underlying investments, there is a possibility of not receiving the full amount in Renminbi upon redemption. This may be the case if the issuer is not able to obtain sufficient amount of Renminbi in a timely manner due to the exchange controls and restrictions applicable to the currency.. CHKLS - SUPPLEMENTAL TERMS & CONDITIONS IN RELATION TO FATCA

Appears in 1 contract

Samples: www.chinahkls.com

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