Common use of Amendment of Section 4 Clause in Contracts

Amendment of Section 4. 7(b) of the FXE Agreement. The first sentence of Section 4.7(b) of the FXE Agreement is hereby deleted and replaced with the following: On the first day of each month that is both a Local Business Day and a New York Business Day, the Trustee shall withdraw from the Non-Interest Account amounts necessary to pay the Trust expenses provided for in Section 4.7(a) and any otherwise unpaid expenses hereunder.

Appears in 9 contracts

Samples: Depositary Trust Agreements (Currencyshares British Pound Sterling Trust), Depositary Trust Agreements (Currencyshares Euro Trust), Depositary Trust Agreements (Currencyshares Canadian Dollar Trust)

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Amendment of Section 4. 7(b) of the FXE FXA Agreement. The first sentence of Section 4.7(b) of the FXE FXA Agreement is hereby deleted and replaced with the following: On the first day of each month that is both a Local Business Day and a New York Business Day, the Trustee shall withdraw from the Non-Interest Account amounts necessary to pay the Trust expenses provided for in Section 4.7(a) and any otherwise unpaid expenses hereunder.

Appears in 9 contracts

Samples: Depositary Trust Agreements (Currencyshares Japanese Yen Trust), Depositary Trust Agreements (Currencyshares Euro Trust), Trust Agreements (Currencyshares Swedish Krona Trust)

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