Common use of Redelivery arrangements Clause in Contracts

Redelivery arrangements. If you do not make arrangements acceptable to us for the delivery of the Account Balance to you or to your order, we may continue to hold the Precious Metals constituting such Account Balance, in which case we will continue to charge the fees and expenses payable under Clause 10. If you have not made arrangements acceptable to us for the delivery of the Account Balance within 6 months of the Termination Date, we will be entitled to close each Allocated Account and sell the Precious Metals constituting each Account Balance (at such time and on such markets as we consider appropriate) and account to you for the proceeds after deducting any amounts due to us under this Agreement.

Appears in 4 contracts

Samples: Accounts Agreement (Wilshire wShares Enhanced Gold Trust), Accounts Agreement (Wilshire wShares Enhanced Gold Trust), www.lpmcl.com

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Redelivery arrangements. If Following any termination of this Agreement, if you do not make arrangements acceptable to us for the delivery of the applicable Account Balance to you or to your order, we may continue to hold the Precious Metals Metal constituting such Account Balance, in which case we will continue to charge the fees and expenses payable under pursuant to Clause 1011. If you have not made arrangements acceptable to us for the delivery of the Account Balance Balances within 6 months of the Termination Date, we will be entitled to close each the Allocated Account Accounts and sell the Precious Metals Metal constituting each the Account Balance Balances (at such time and on such markets as we consider appropriate) and account to you for the proceeds after deducting any amounts due to us under this Agreement.

Appears in 2 contracts

Samples: Allocated Precious Metal Account Agreement (World Gold Trust), Allocated Precious Metal Account Agreement (SPDR Gold Trust)

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Redelivery arrangements. If you do not make arrangements acceptable to us for the delivery of the Account Balance to you or to your order, we may continue to hold the Precious Metals Physical Gold constituting such Account Balance, in which case we will continue to charge the fees and expenses payable under Clause 1011. If you have not made arrangements acceptable to us for the delivery of the Account Balance within 6 months of the Termination Date, we will be entitled to close each Allocated Account and sell the Precious Metals Physical Gold constituting each Account Balance (at such time and on such markets as we consider appropriate) and account to you for the proceeds after deducting any amounts due to us under this Agreement.

Appears in 1 contract

Samples: Allocated Gold Accounts Agreement (Franklin Templeton Holdings Trust)

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