Termination of the custody agreement. The present contract is concluded without length limitation as of day of signature. Each party will be able to put a term to it at any moment with a notice of 30 days by mail with signed acknowledgement of receipt. The notification of one (or many) non-respect case(s) of one (or many) clause(s) of the present contract remained without effect after a delay of 15 days, induces the termination of the present convention without harm of the possible dispute procedures that could result from this situation. Nevertheless, the operations not totally liquidated at the expiry date of the present contract will continue beyond this date for the liquidation needs. Would you please notify to us your agreement on the terms and conditions of the present Stock Account Convention, of which 2 copies are sent to you, by returning a copy with initial and signature.
Termination of the custody agreement. This Facility shall automatically terminate upon the termination of the Custody Agreement except upon the simultaneous execution by Bank and Borrower of a substantially identical custody agreement in replacement thereof. Until all Obligations have been fully repaid and this Agreement has terminated, Bank shall retain its security interest in all collateral, then existing or arising thereafter, pledged to Bank pursuant to the Pledge Agreements and as identified in the Reports of Pledged Securities.
