Common use of Trust Unallocated Account Reports Clause in Contracts

Trust Unallocated Account Reports. At the end of each London Business Day, the Custodian will provide the Trustee access to information showing the increases and decreases to the Gold standing to the Trustee’s credit in the Trust Unallocated Account, and identifying separately each transaction and the New York or London Business Day on which it occurred. On each London Business Day on which Gold is deposited or that is a Withdrawal Date, the Custodian will send the Trustee a notification of (i) each separate transaction transferring Gold to the Trust Unallocated Account, including the amount of Gold transferred to the Trust Unallocated Account, and the PMD Unallocated Account or the AP Account from which such Gold is transferred, (ii) the amount of Gold transferred from the Trust Unallocated Account to the Trust Allocated Account or to any PMD Unallocated Account or AP Account and (iii) the amount of any remaining Gold in the Trust Unallocated Account, and the Custodian will use commercially reasonable efforts to send the notification by 9:00 a.m. (New York time). In addition, the Custodian will provide the Trustee such information about the increases and decreases to the Gold standing to the Trustee’s credit in the Trust Unallocated Account on a same-day basis at such other times and in such other form as the Trustee and the Custodian shall agree. For each Business Day, the Custodian will provide the Trustee within a reasonable time after the end of the Business Day a statement of account for the Trust Unallocated Account. Such reports will be made available to the Trustee by means of the Custodian’s proprietary electronic Bullion Transfer System website (“eBTS”). In the event eBTS is unavailable for any reason, the Trustee and the Custodian will agree upon a temporary notification system for making such reports available to the Trustee.

Trust Unallocated Account Reports. At the end of each London Business Day, the Custodian will provide the Trustee with access to information showing the increases and decreases to the Gold Platinum standing to the Trustee’s credit in the Trust Unallocated Account, and identifying separately each transaction and the New York or London Business Day on which it occurred. On each London Business Day on which Gold is deposited or that is a Withdrawal DateDay, the Custodian will send the Trustee a notification of (i) each separate transaction transaction, if any, transferring Gold Platinum to the Trust Unallocated Account, including the amount of Gold Platinum transferred to the Trust Unallocated Account, Account and the PMD Unallocated Account or the AP Account from which such Gold Platinum is transferred, (ii) the amount of Gold Platinum, if any, transferred from the Trust Unallocated Account to the Trust Allocated Account or to any PMD Unallocated Account or AP Account and (iii) the amount closing balance of any remaining Gold in Platinum credited to the Trust Unallocated AccountAccount for such London Business Day, and the Custodian will use commercially reasonable efforts to send the notification by 9:00 a.m. 12:00 noon (New York time). In addition, the Custodian will provide the Trustee such information about the increases and decreases to the Gold Platinum standing to the Trustee’s credit in the Trust Unallocated Account on a same-day basis at such other times and in such other form as the Trustee and the Custodian shall agree. For each Business Daycalendar month, the Custodian will provide the Trustee within a reasonable time after the end of the Business Day month a statement of account for the Trust Unallocated Account which shall include the opening and closing monthly balance and all transfers to and from the Trust Unallocated Account. Such All such reports will be made available to the Trustee by means of authenticated SWIFT message, provided that, if the Custodian’s proprietary electronic Bullion Transfer System website (“eBTS”). In the event eBTS SWIFT messaging system is unavailable for any reason, the Trustee and the Custodian will agree upon a temporary notification system for making such reports available to the Trustee. Additionally, if agreed to by the Trustee and the Custodian, such reports will be made available to the Trustee by means of the Custodian’s proprietary electronic system.

Trust Unallocated Account Reports. At the end of each London Business Day, the Custodian will provide the Trustee with access to information showing the increases and decreases to the Gold standing to the Trustee’s credit in the Trust Unallocated Account, and identifying separately each transaction and the New York or London Business Day on which it occurred. On each London Business Day on which Gold is deposited or that is a Withdrawal DateDay, the Custodian will send the Trustee a notification of (i) each separate transaction transaction, if any, transferring Gold to the Trust Unallocated Account, including the amount of Gold transferred to the Trust Unallocated Account, Account and the PMD Unallocated Account or the AP Account from which such Gold is transferred, (ii) the amount of Gold Gold, if any, transferred from the Trust Unallocated Account to the Trust Allocated Account or to any PMD Unallocated Account or AP Account and (iii) the amount closing balance of any remaining Gold in credited to the Trust Unallocated AccountAccount for such London Business Day, and the Custodian will use commercially reasonable efforts to send the notification by 9:00 a.m. 12:00 noon (New York time). In addition, the Custodian will provide the Trustee such information about the increases and decreases to the Gold standing to the Trustee’s credit in the Trust Unallocated Account on a same-day basis at such other times and in such other form as the Trustee and the Custodian shall agree. For each Business Daycalendar month, the Custodian will provide the Trustee within a reasonable time after the end of the Business Day month a statement of account for the Trust Unallocated Account which shall include the opening and closing monthly balance and all transfers to and from the Trust Unallocated Account. Such All such reports will be made available to the Trustee by means of authenticated SWIFT message, provided that, if the Custodian’s proprietary electronic Bullion Transfer System website (“eBTS”). In the event eBTS SWIFT messaging system is unavailable for any reason, the Trustee and the Custodian will agree upon a temporary notification system for making such reports available to the Trustee. Additionally, if agreed to by the Trustee and the Custodian, such reports will be made available to the Trustee by means of the Custodian’s proprietary electronic system.