Common use of Redelivery arrangements Clause in Contracts

Redelivery arrangements. Following any termination of this Agreement, if you do not make arrangements acceptable to us for the redelivery of the Account Balance to your order, we may continue to maintain the Unallocated Account, in which case we will continue to charge the fees and expenses payable pursuant to Clause 9 (Fees and Expenses). If you have not made arrangements acceptable to us for the redelivery of the Account Balance within 6 months of the Termination Date, we will be entitled to close the Unallocated Account and sell the Bullion constituting the Account Balance (at such time and on such markets and terms as we consider appropriate) and account to you for the proceeds.

Appears in 5 contracts

Samples: Unallocated Account Agreement (Abrdn Precious Metals Basket ETF Trust), Unallocated Account Agreement (Abrdn Platinum ETF Trust), Unallocated Account Agreement (Abrdn Gold ETF Trust)

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Redelivery arrangements. Following any termination of this Agreement, if you do not make arrangements acceptable to us for the redelivery of the Account Balance to your order, we may continue to maintain hold the Unallocated AccountBullion constituting such Account Balance, in which case we will continue to charge the fees and expenses payable pursuant to Clause 9 11 (Fees and Expenses). If you have not made arrangements acceptable to us for the redelivery of the Account Balance within 6 months of the Termination Date, we will be entitled to close the Unallocated Allocated Account and sell the Bullion constituting the Account Balance (at such time and on such markets and terms as we consider appropriate) and account to you for the proceeds.

Appears in 5 contracts

Samples: Allocated Account Agreement (Abrdn Gold ETF Trust), Allocated Account Agreement (Abrdn Palladium ETF Trust), Allocated Account Agreement (Abrdn Platinum ETF Trust)

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