Common use of Dual Currency Deposits/Notes Clause in Contracts

Dual Currency Deposits/Notes. i) If any person with whom a Dual Currency Deposit is placed exercises his option to convert the Dual Currency Deposit (including accrued interest) into another currency, I may suffer an exchange rate loss should I wish to reconvert the payment on maturity into the currency in which the deposit was initially placed or into another currency. The capital invested in a Dual Currency Deposit is not guaranteed to be returned.

Appears in 5 contracts

Samples: Investment and Custodial Services Agreement, Investment and Custodial Services Agreement, Investment and Custodial Services Agreement

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