Common use of Power to amend procedure and notice of amendments to agreements Clause in Contracts

Power to amend procedure and notice of amendments to agreements. We may amend the procedure for the transfer of Bullion from your Unallocated Account or impose such additional procedures as we may from time to time consider appropriate. We will notify you within a commercially reasonable time before we amend our procedures or impose additional ones in relation to the transfer of Bullion from your Unallocated Account, and in doing so we will consider your needs to communicate any such change to Participants and others. We also will provide you a copy of any proposed amendment to the form of the Participant Unallocated Bullion Account Agreement no later than 15 Business Days before the amendment's scheduled effectiveness.

Power to amend procedure and notice of amendments to agreements. We may amend the procedure for the transfer of Bullion from your Unallocated Account or impose such additional procedures as we may from time to time consider appropriate. We will notify you within a commercially reasonable time before we amend our procedures or impose additional ones in relation to the transfer of Bullion from your Unallocated Account, and in doing so we will consider your needs to communicate any such change to Participants and others. We also will provide you a copy of any proposed amendment to the form of the Participant Unallocated Bullion Account Agreement no later than 15 Business Days before the amendment's ’s scheduled effectiveness.