Common use of Right to Amend Procedure Clause in Contracts

Right to Amend Procedure. The Custodian may amend the procedure for the withdrawal of Bullion only where such amendment is caused by a change in the Rules or procedures of the Relevant Association. Any such amendment will be subject to the notification conditions of the preceding clause 3.2 and will be promptly notified to the Sponsor and the Trustee, such notice to be given in advance of implementation whenever practicable.

Appears in 10 contracts

Samples: Allocated Account Agreement, Allocated Account Agreement (Aberdeen Standard Silver ETF Trust), Allocated Account Agreement (ETFS Asian Gold Trust)

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Right to Amend Procedure. The Custodian may amend the procedure for the withdrawal of Bullion from the Unallocated Account only where such amendment is caused by a change in the Rules or procedures of the Relevant Association. Any such amendment will be subject to the notification conditions of the preceding clause 3.2 3.4 and will be promptly notified to the Sponsor and the Trustee, such notice to be given in advance of implementation whenever practicable.

Appears in 9 contracts

Samples: Agreement, Unallocated Account Agreement (ETFS Asian Gold Trust), Unallocated Account Agreement (ETFS White Metals Basket Trust)

Right to Amend Procedure. The Custodian may amend the procedure for the withdrawal of Bullion from the Unallocated Account only where such amendment is caused by a change in the Rules or procedures of the Relevant Association. Any such amendment will be subject to the notification conditions of the preceding clause 3.2 Clause 3.4 (Deposits – Right to amend procedure) and will be promptly notified to the Sponsor and the Trustee, such notice to be given in advance of implementation whenever practicable.

Appears in 5 contracts

Samples: Unallocated Account Agreement (Abrdn Platinum ETF Trust), Unallocated Account Agreement (Abrdn Silver ETF Trust), Unallocated Account Agreement (Abrdn Palladium ETF Trust)

Right to Amend Procedure. The Custodian may amend the procedure for the withdrawal of Bullion only where such amendment is caused by a change in the Rules or procedures of the Relevant Association. Any such amendment will be subject to the notification conditions of the preceding clause 3.2 Clause 3.3 (Deposits – Right to amend procedure) and will be promptly notified to the Sponsor and the Trustee, such notice to be given in advance of implementation whenever practicable.

Appears in 5 contracts

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

Right to Amend Procedure. The Custodian may amend the procedure for the withdrawal of Bullion from the Unallocated Account only where such amendment is caused by a change in the Rules or procedures of the Relevant Association. Any such amendment will be subject to the notification conditions of the preceding clause 3.2 4.3 and will be promptly notified to the Sponsor Trust and the Trustee, such notice to be given in advance of implementation whenever practicable.

Appears in 4 contracts

Samples: Agreement (Etfs Palladium Trust), Unallocated Account Agreement (ETFS Platinum Trust), Agreement (Etfs Silver Trust)

Right to Amend Procedure. The Custodian may amend the procedure for the withdrawal of Bullion only where such amendment is caused by a change in the Rules or procedures of the Relevant Association. Any such amendment will be subject to the notification conditions of the preceding clause 3.2 and will be promptly notified to the Sponsor and the Trustee, such notice to be given in advance of implementation whenever practicable.

Appears in 4 contracts

Samples: Allocated Account Agreement, Allocated Account Agreement (ETFS Gold Trust), Allocated Account Agreement (ETFS Platinum Trust)

Right to Amend Procedure. The Custodian may amend the procedure for the withdrawal of Bullion only where such amendment is caused by a change in the Rules or procedures of the Relevant Association. Any such amendment will be subject to the notification conditions of the preceding clause 3.2 4.3 and will be promptly notified to the Sponsor Trust and the Trustee, such notice to be given in advance of implementation whenever practicable.

Appears in 3 contracts

Samples: Agreement (Etfs Silver Trust), Allocated Account Agreement (ETFS Platinum Trust), Allocated Account Agreement (Etfs Palladium Trust)

Right to Amend Procedure. The Custodian may amend the procedure for the withdrawal of Bullion from the Unallocated Account only where such amendment is caused by a change in the Rules or procedures of the Relevant Association. Any such amendment will be subject to the notification conditions of the preceding clause 3.2 4.3 and will be promptly notified to the Sponsor and the Trustee, such notice to be given in advance of implementation whenever practicable.

Appears in 2 contracts

Samples: Unallocated Account Agreement (ETFS Platinum Trust), Unallocated Account Agreement (Etfs Palladium Trust)

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Right to Amend Procedure. The Custodian may amend the procedure for the withdrawal of Bullion only where such amendment is caused by a change in the Rules or procedures of the Relevant Association. Any such amendment will be subject to the notification conditions of the preceding clause 3.2 3.3 and will be promptly notified to the Sponsor Trust and the Trustee, such notice to be given in advance of implementation whenever practicable.

Appears in 2 contracts

Samples: Allocated Account Agreement (ETFS Gold Trust), Etfs Silver Trust

Right to Amend Procedure. The Custodian may amend the procedure for the withdrawal of Bullion from the Unallocated Account only where such amendment is caused by a change in the Rules or procedures of the Relevant Association. Any such amendment will be subject to the notification conditions of the preceding clause 3.2 3.3 and will be promptly notified to the Sponsor and the Trustee, such notice to be given in advance of implementation whenever practicable.

Appears in 1 contract

Samples: Unallocated Account Agreement (Aberdeen Standard Silver ETF Trust)

Right to Amend Procedure. The Custodian may amend the procedure for the withdrawal of Bullion from the Unallocated Account only where such amendment is caused by a change in the Rules or procedures of the Relevant Association. Any such amendment will be subject to the notification conditions of the preceding clause 3.2 3.4 and will be promptly notified to the Sponsor and the Trustee, such notice to be given in advance of implementation whenever practicable.

Appears in 1 contract

Samples: Unallocated Account Agreement (ETFS Gold Trust)

Right to Amend Procedure. The Custodian may amend the procedure for the withdrawal of Bullion from the Unallocated Account only where such amendment is caused by a change in the Rules or procedures of the Relevant Association. Any such amendment will be subject to the notification conditions of the preceding clause 3.2 3.3 and will be promptly notified to the Sponsor Trust and the Trustee, such notice to be given in advance of implementation whenever practicable.

Appears in 1 contract

Samples: Unallocated Account Agreement (Etfs Silver Trust)

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