Debit balances. You are not entitled to overdraw the Unallocated Account, and we shall not be obliged to carry out any instruction from you where to do so would in our opinion cause the Unallocated Account to have a negative balance. This Clause 9.4 does not apply in relation to any rounded quantity of Bullion that may be debited to your Unallocated Account in connection with rounding up your Allocated Account balance to record the nearest whole number of bars under the Allocated Account Agreement.
Appears in 2 contracts
Sources: Unallocated Account Agreement (Abrdn Silver ETF Trust), Unallocated Account Agreement (Abrdn Gold ETF Trust)
Debit balances. You are not entitled to overdraw the Unallocated Account, and we shall not be obliged to carry out any instruction from you where to do so would in our opinion cause the Unallocated Account to have a negative balance. This Clause 9.4 does not apply in relation to any rounded quantity of Bullion that may be debited to your Unallocated Account in connection with rounding up your Allocated Account balance to record the nearest whole number of bars plates and/or ingots under the Allocated Account Agreement.
Appears in 2 contracts
Sources: Unallocated Account Agreement (Abrdn Platinum ETF Trust), Unallocated Account Agreement (Abrdn Palladium ETF Trust)
Debit balances. You are not entitled to overdraw the Unallocated Account, and we shall not be obliged to carry out any instruction from you where to do so would in our opinion cause the Unallocated Account to have a negative balance. This Clause 9.4 does not apply in relation to any rounded quantity of Bullion that may be debited to your Unallocated Account in connection with rounding up your Allocated Account balance to record the nearest whole number of bars bars, plates or ingots (as the case may be) under the Allocated Account Agreement.
Appears in 1 contract
Sources: Unallocated Account Agreement (Abrdn Precious Metals Basket ETF Trust)