Recovery from Trust. Amounts payable pursuant to this clause 9 shall not be debited from the Unallocated Account, but shall be payable on behalf of the Trust, and the Custodian hereby acknowledges that it will have no recourse against Bullion standing to the credit of the Unallocated Account or to the Trustee in respect of any such amounts.
Appears in 14 contracts
Samples: Agreement, Unallocated Account Agreement (ETFS Gold Trust), Unallocated Account Agreement (ETFS Asian Gold Trust)
Recovery from Trust. Amounts payable pursuant to this clause 9 10 shall not be debited from the Unallocated Allocated Account, but shall be payable on behalf of the Trust, and the Custodian hereby acknowledges that it will have no recourse against Bullion standing to the credit of the Unallocated Allocated Account or to the Trustee individually in respect of any such amounts.
Appears in 14 contracts
Samples: Allocated Account Agreement, Allocated Account Agreement, Allocated Account Agreement (ETFS Gold Trust)
Recovery from Trust. Amounts payable pursuant to this clause 9 Clause 10 shall not be debited from the Unallocated Account, but shall be payable on behalf of the Trust, and the Custodian hereby acknowledges that it will have no recourse against Bullion standing to the credit of the Unallocated Account or to the Trustee in respect of any such amounts.
Appears in 3 contracts
Samples: Unallocated Account Agreement (ETFS Platinum Trust), Agreement (Etfs Silver Trust), Agreement (Etfs Palladium Trust)
Recovery from Trust. Amounts Save as provided in clause 17, amounts payable pursuant to this clause 9 11 shall not be debited from the Unallocated Allocated Account, but shall be payable on behalf of the Trust, and the Custodian hereby acknowledges that it will have no recourse against Bullion standing to the credit of the Unallocated Allocated Account or to the Trustee individually in respect of any such amounts.
Appears in 3 contracts
Samples: Allocated Account Agreement (Etfs Palladium Trust), Agreement (Etfs Silver Trust), Allocated Account Agreement (ETFS Platinum Trust)
Recovery from Trust. Amounts payable pursuant to this clause 9 10 shall not be debited from the Unallocated Allocated Account, but shall be payable by the Sponsor or the Trustee, as may be applicable, on behalf of the Trust, and the Custodian hereby acknowledges that it will have no recourse against Bullion standing to the credit of the Unallocated Allocated Account or to the Trustee individually in respect of any such amounts.
Appears in 1 contract
Samples: Allocated Account Agreement (Aberdeen Standard Silver ETF Trust)
Recovery from Trust. Amounts payable pursuant to this clause 9 10 shall not be debited from the Unallocated Allocated Account, but shall be payable by the Sponsor on behalf of the Trust, and the Custodian hereby acknowledges that it will have no recourse against Bullion standing to the credit of the Unallocated Allocated Account or to the Trustee individually in respect of any such amounts.
Appears in 1 contract
Samples: Etfs Silver Trust
Recovery from Trust. Amounts payable pursuant to this clause 9 shall not be debited from the Unallocated Account, but shall be payable by the Sponsor or the Trustee, as may be applicable, on behalf of the Trust, and the Custodian hereby acknowledges that it will have no recourse against Bullion standing to the credit of the Unallocated Account or to the Trustee in respect of any such amounts.
Appears in 1 contract
Samples: Unallocated Account Agreement (Aberdeen Standard Silver ETF Trust)
