Possibility of not receiving RMB upon redemption. For RMB products with a significant portion of non-RMB denominated underlying investments, you should pay attention to the possibility of not receiving the full amount in RMB upon redemption. This may be the case if the issuer is not able to obtain sufficient amount of RMB in a timely manner due to the exchange controls and restrictions applicable to the currency.
Appears in 9 contracts
Samples: Client Agreement, Client Agreement, Client Agreement
Possibility of not receiving RMB upon redemption. For RMB products with a significant portion of non-non- RMB denominated underlying investments, you should pay attention to the possibility of may not receiving receive the full amount in RMB upon on redemption/sale. This Even if sufficient underlying investments are RMB denominated, there may not be sufficient RMB to satisfy the case if the issuer is not able to obtain sufficient amount of RMB in a timely manner redemption/ sale requests due to the exchange repatriation or other controls and restrictions applicable to the currencyon RMB. As such, you may not receive RMB when you redeem/sell.
Appears in 3 contracts
Samples: Private Bank Master Agreement, Private Bank Master Agreement, Private Bank Master Agreement
