Common use of Switching Clause in Contracts

Switching. 7.1 Subject to the terms and conditions set out in the trust deed and the Prospectus of the relevant Unit Trust and as may be permitted by the Bank, the Customer may only switch units between opened-ended funds managed by the same Issuer. Switching of funds denominated in foreign currency is subject to the relevant Issuer’s approval.

Appears in 4 contracts

Samples: Investment Services Agreement, Investment Services Agreement, Investment Service Agreement

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Switching. 7.1 9.1 Subject to the terms and conditions set out in the trust deed and the Prospectus of the relevant Unit Trust and as may be permitted by the Bank, the Customer may only switch units between opened-ended funds managed by the same Issuer. Switching of funds denominated in foreign currency is subject to the relevant Issuer’s approval.

Appears in 1 contract

Samples: Interpretation and Scope

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