Common use of Redelivery arrangements Clause in Contracts

Redelivery arrangements. If you do not make arrangements acceptable to us for the transfer or repayment of any Bullion or credit balance in the Unallocated Account we may continue to store the Bullion or maintain that Unallocated Account (as the case may be), in which case we will continue to charge the Fees payable under clause 10. If you have not made arrangements acceptable to us for the redelivery of the Bullion or transfer or repayment of any credit balance in the Unallocated Account (as the case may be) within 6 months of the date specified in the termination notice as the date on which the termination will take effect, we will be entitled to close the Account, sell the Bullion and close the Unallocated Account and account to you for the proceeds after deducting any amounts due to us under this Agreement.

Appears in 11 contracts

Samples: Custodian Agreement, Custodian Agreement, Custodian Agreement (iShares Gold Trust Micro)

AutoNDA by SimpleDocs

Redelivery arrangements. If you do not make arrangements acceptable to us for the transfer or repayment of any Bullion or credit balance in the Unallocated Account we may continue to store the Bullion or maintain that Unallocated Account (as the case may be), in which case we will continue to charge the Fees payable under clause 1011. If you have not made arrangements acceptable to us for the redelivery of the Bullion or transfer or repayment of any credit balance in the Unallocated Account (as the case may be) within 6 months of the date specified in the termination notice as the date on which the termination will take effect, we will be entitled to close the Account, sell the Bullion and close the Unallocated Account and account to you for the proceeds after deducting any amounts due to us under this Agreement.

Appears in 2 contracts

Samples: Custodian Agreement (iShares Gold Trust Micro), Custodian Agreement (iShares Gold Trust Micro)

AutoNDA by SimpleDocs

Redelivery arrangements. If you do Following any termination of this Agreement, if the Trust does not make arrangements acceptable to us for the transfer or repayment of any Bullion or credit balance in the an Unallocated Account we may continue to store the Bullion or maintain that Unallocated Account (as the case may be), in which case we will continue to charge the Fees payable under clause 10. If you have the Trust has not made arrangements acceptable to us for the redelivery of the Bullion or transfer or repayment of any credit balance in the an Unallocated Account (as the case may be) within 6 months of the date specified in the termination notice as the date on which the termination will take effect, we will be entitled to close the an Account, sell the Bullion and close the an Unallocated Account and account to you the Trust, on behalf of the applicable Fund, for the proceeds after deducting any amounts due to us under this Agreement.

Appears in 1 contract

Samples: Custodian Agreement (Global Currency Gold Trust)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!