Common use of Withdrawing Funds Clause in Contracts

Withdrawing Funds. 5.3.4.1 ABX shall only remit cleared funds held in the Trust Account where Full Member submits a withdrawal request pursuant to Clause 5.3.4.2. 5.3.4.2 Any request for a withdrawal of funds from the Trust Account shall be effected by way of request through MetalDesk or other recognised form of instruction. Where ABX has received such a request pursuant to this Clause 5.3.4.2, ABX shall take reasonable steps to facilitate such a withdrawal as soon as is reasonably practicable.

Appears in 2 contracts

Samples: Full Member Account Agreement, Full Member Account Agreement

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Withdrawing Funds. 5.3.4.1 ABX shall only remit cleared funds held in the Trust Account where Full Member Liquidity Provider submits a withdrawal request pursuant to Clause 5.3.4.2. 5.3.4.2 Any request for a withdrawal of funds from the Trust Account shall be effected by way of request through MetalDesk or other recognised form of instruction. Where ABX has received such a request pursuant to this Clause 5.3.4.2, ABX shall take reasonable steps to facilitate such a withdrawal as soon as is reasonably practicable.

Appears in 2 contracts

Samples: Liquidity Provider Account Agreement, Liquidity Provider Account Agreement

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