Right to Amend Procedure. The Custodian may amend the procedure in relation to the deposit of Bullion to the Allocated Account only where such amendment is caused by a change in the Rules or procedures of the Relevant Association. The Custodian will, whenever practicable, notify the Trustee and the Sponsor within a commercially reasonable time prior to the date on which the Custodian amends its procedures or imposes additional ones in relation to the transfer of Bullion into and from the Allocated Account, and in doing so the Custodian will consider the Trustee’s and the Sponsor’s need to communicate any such change to Authorized Participants and others.
Appears in 5 contracts
Samples: Allocated Account Agreement (Abrdn Precious Metals Basket ETF Trust), Allocated Account Agreement (Abrdn Silver ETF Trust), Allocated Account Agreement (Abrdn Platinum ETF Trust)
Right to Amend Procedure. The Custodian may amend the procedure in relation to the deposit of Bullion to the Allocated Unallocated Account only where such amendment is caused by a change in the Rules or procedures of the Relevant Association. The Custodian will, whenever practicable, notify the Trustee and the Sponsor within a commercially reasonable time prior to the date on which the Custodian amends its procedures or imposes additional ones in relation to the transfer of Bullion into and from the Allocated Unallocated Account, and in doing so the Custodian will consider the Trustee’s and the Sponsor’s need to communicate any such change to Authorized Participants and others.
Appears in 5 contracts
Samples: Unallocated Account Agreement (Abrdn Gold ETF Trust), Unallocated Account Agreement (Abrdn Precious Metals Basket ETF Trust), Unallocated Account Agreement (Abrdn Platinum ETF Trust)
