Unallocated Account Reports. For each London/Zurich Business Day, by no later than the following London/Zurich Business Day, the Custodian will provide the Trustee access to information showing the increases and decreases to the Bullion standing to the Trustee’s credit in the Unallocated Account, and identifying separately each transaction and the New York Business Day, London Business Day or Zurich Business Day on which it occurred. On each London/Zurich Business Day on which Bullion is deposited or that is a Withdrawal Date, the Custodian will send the Trustee a notification of (i) each separate transaction transferring Bullion to the Unallocated Account, including the amount of Bullion transferred to the Unallocated Account and the AP Account or Shareholder Account from which such Bullion is transferred, (ii) the amount of Bullion transferred from the Unallocated Account to the Allocated Account or to any AP Account or Shareholder Account and (iii) the amount of any remaining Bullion in the Unallocated Account, and the Custodian will use commercially reasonable efforts to send the notification by 9:00 a.m. (New York time). In addition, the Custodian will provide the Trustee such information about the increases and decreases to the Bullion standing to the Trustee’s credit in the Unallocated Account on a same-day basis at such other times and in such other form as the Trustee and the Custodian shall agree. For each calendar month, the Custodian will provide the Trustee within a reasonable time after the end of the month a statement of account for the Unallocated Account. Such reports will be made available to the Trustee by means of the Custodian’s proprietary electronic Bullion Transfer System website (“eBTS”). In the event eBTS is unavailable for any reason, the Trustee and the Custodian will agree upon a temporary notification system for making such reports available to the Trustee.
Unallocated Account Reports. The Custodian shall provide the Notices and Reports set forth on Schedule B hereto. Such reports also will be made available to the Trust by means of the Phoenix Portal, provided that, if the Phoenix Portal is unavailable for any reason, the Trust and the Custodian will agree upon a temporary notification system for making such reports available to the Trust. Unallocated holdings are available real time on the Custodian’s Phoenix Portal.
Unallocated Account Reports. The Custodian shall provide to the Trust and the Administrator the notices and reports set forth on Schedule B hereto and as the Trust and the Custodian may agree from time to time. Such reports and notices shall be sent (i) to the Trust via email to fxxxxxx@xxxx.xxx or other electronic delivery as agreed upon by the Custodian and the Trust and (ii) to the Administrator via email or other electronic delivery as agreed upon by the Custodian and the Administrator. Such notices and reports also will be made available to the Trust and the Administrator by means of the Phoenix Portal, provided that, if the Phoenix Portal is unavailable for any reason, the Trust and the Custodian will agree upon a temporary notification system for making such reports and notices available to the Trust and the Administrator. Unallocated holdings are available in real time on the Custodian’s Phoenix Portal. The terms of use for the Phoenix Portal by the Trust are set forth on Schedule D to the Allocated Gold Account Agreement or as otherwise may be agreed to between the Trust and the Custodian.
