Common use of Account not to be Overdrawn Clause in Contracts

Account not to be Overdrawn. The Trust Unallocated Account may not at any time have a debit balance thereon, and no instruction shall be valid to the extent that the effect thereof would be for the Trust Unallocated Account to have a debit balance thereon.

Appears in 12 contracts

Samples: Unallocated Platinum Account Agreement, Unallocated Account Agreement, Unallocated Platinum Account Agreement (GraniteShares Platinum Trust)

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Account not to be Overdrawn. The Trust Unallocated Allocated Account may not at any time have a debit balance thereon, and no instruction shall be valid to the extent that the effect thereof would be for the Trust Unallocated Allocated Account to have a debit balance thereon.

Appears in 10 contracts

Samples: Allocated Platinum Account Agreement (GraniteShares Platinum Trust), Account Agreement (GraniteShares Platinum Trust), Account Agreement (GraniteShares Platinum Trust)

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