Common use of Sovereign Risk Clause in Contracts

Sovereign Risk. In respect of any jurisdiction, including the United States of America, where an Investment is acquired or held hereunder or under a sub-custody agreement, (a) any act of war, terrorism, riot, insurrection, revolution or civil commotion, (b) the imposition of any investment, repatriation or exchange control restrictions by any Governmental Authority, (c) the confiscation, expropriation, nationalization, or seizure of any Investment or cash deposit by any Governmental Authority, whether de facto or de jure, (d) any devaluation or revaluation of the currency, (e) the imposition of taxes, levies or other charges affecting Investments or cash deposits, (f) any change in the Applicable Law, or (g) any other economic or political risk incurred or experienced, including acts of civil or military authorities.

Appears in 2 contracts

Samples: Custody Agreement (MSS Series Trust), Custody Agreement (MSS Series Trust)

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Sovereign Risk. In Sovereign Risk shall mean, in respect of any jurisdiction, including the United States of AmericaXxxxxx Xxxxxx xx Xxxxxxx, where an Investment is Investments are acquired or held hereunder or under a sub-custody subcustody agreement, (a) any act of war, terrorism, riot, insurrection, revolution insurrection or civil commotion, (b) the imposition of any investment, repatriation or exchange control restrictions by any Governmental Authority, (c) the confiscation, expropriation, nationalization, expropriation or seizure nationalization of any Investment Investments or cash deposit deposits by any Governmental Authority, whether de facto or de jure, (d) any devaluation or revaluation of the currency, (e) the imposition of taxes, levies or other charges affecting Investments or cash deposits, (f) any change in the Applicable Law, or (g) any other economic or political risk incurred or experienced, including acts of civil or military authorities.

Appears in 1 contract

Samples: Draft (NuShares ETF Trust)

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Sovereign Risk. In Sovereign Risk shall mean, in respect of any jurisdiction, including the United States of America, where an Investment is Investments are acquired or held hereunder or under a sub-custody subcustody agreement, (a) any act of war, terrorism, riot, insurrection, revolution insurrection or civil commotion, (b) the imposition of any investment, repatriation or exchange control restrictions by any Governmental Authority, (c) the confiscation, expropriation, nationalization, expropriation or seizure nationalization of any Investment Investments or cash deposit deposits by any Governmental Authority, whether de facto or de jure, (d) any government sponsored devaluation or revaluation of the currency, (e) the imposition of taxes, levies or other charges affecting Investments or cash deposits, or (f) any change in the Applicable Law, or (g) any other economic political turmoil or political risk incurred or experienced, including acts of civil or military authoritiesgovernment default.

Appears in 1 contract

Samples: Custodian Agreement (AIM ETF Products Trust)

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