Common use of Redelivery arrangements Clause in Contracts

Redelivery arrangements. If you do not make arrangements acceptable to us for the transfer or repayment, as the case may be, of an amount of Precious Metal equal to the Account Balance, we may continue to maintain that Unallocated Account, in which case we will continue to charge the fees and expenses payable under Clause 9. If you have not made arrangements acceptable to us for the transfer or repayment of Precious Metal equal to each Account Balance within 6 months of the Termination Date, we will be entitled to close each Unallocated Account and in place of delivery of Precious Metals, account to you for the value of the Account Balance on each such Unallocated Account (as at the date which is 6 months after the Termination Date, calculating the value using the next available prices for that date for Precious Metals of the same type and amount of the relevant London Precious Metals Markets), after deducting any amounts due to us under this Agreement.

Redelivery arrangements. If you do not make arrangements acceptable to us for the transfer or repayment, as the case may be, of an amount of Precious Metal equal to the Account Balance, we may continue to maintain that Unallocated Account, in which case we will continue to charge the fees and expenses payable under Clause 98. If you have not made arrangements acceptable to us for the transfer or repayment of Precious Metal equal to each Account Balance within 6 months of the Termination Date, we will be entitled to close each Unallocated Account and in place of delivery of Precious Metals, account to you for the value of the Account Balance on each such Unallocated Account (as at the date which is 6 months after the Termination Date, calculating the value using the next available prices for that date for Precious Metals of the same type and amount of on the relevant London Precious Metals Markets), after deducting any amounts due to us under this Agreement.

Redelivery arrangements. If you do not make arrangements acceptable to us for the transfer or repayment, as the case may be, of an amount of Precious Metal equal to the Account Balance, we may continue to maintain that Unallocated Account, in which case we will continue to charge the fees and expenses payable under Clause 98. If you have not made arrangements acceptable to us for the transfer or repayment of Precious Metal equal to each Account Balance within 6 months of the Termination Datedate specified in the termination notice as the date on which the termination will take effect, we will be entitled to close each Unallocated Account and in place of delivery of Precious Metals, account to you for the value of the Account Balance on each such Unallocated Account (as at the date which is 6 months after the Termination Datedate of termination, calculating the value using the next available prices for that date for Precious Metals of the same type and amount of on the relevant London Precious Metals Markets), after deducting any amounts due to us under this Agreement.