Common use of Refusal to Execute Clause in Contracts

Refusal to Execute. The Custodian will, where practicable, refuse to execute instructions if in the Custodian’s opinion they are or may be contrary to the Rules or any applicable law.

Appears in 37 contracts

Samples: Depositary Trust Agreement (Merk Gold Trust), Unallocated Account Agreement (Merk Gold Trust), Unallocated Account Agreement (ETFS Gold Trust)

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Refusal to Execute. The Custodian will, where practicable, may refuse to execute instructions if in the Custodian’s its reasonable opinion they are or may be be, or require action which is or may be, contrary to the Rules or any applicable law.

Appears in 16 contracts

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

Refusal to Execute. The Custodian willmay, where practicable, refuse to execute instructions if in the Custodian’s opinion they are or may be contrary to the Rules Rules, the Trust Agreement or any applicable law.

Appears in 4 contracts

Samples: Trust Allocated Metal Account Agreement (Perth Mint Physical Gold ETF), Trust Unallocated Metal Account Agreement (Perth Mint Physical Gold ETF), Trust Allocated Metal Account Agreement (Perth Mint Physical Gold ETF)

Refusal to Execute. The Custodian will, where practicable, refuse to execute instructions if in the Custodian’s opinion they are or may be contrary to the Rules or any applicable lawlaw and will notify the person or entity providing the instructions of such refusal as soon as reasonably practicable.

Appears in 2 contracts

Samples: Allocated Account Agreement (Aberdeen Standard Silver ETF Trust), Unallocated Account Agreement (Aberdeen Standard Silver ETF Trust)

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Refusal to Execute. The Custodian will, where practicable, reserves the right to refuse to execute instructions if in the Custodian’s reasonable opinion they are or may be be, or require action which is or may be, contrary to the Rules or any applicable law.

Appears in 1 contract

Samples: Unallocated Gold Account Agreement (Goldman Sachs Physical Gold ETF)

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