Amendment of Section 4. 7(b) of the FXA Agreement. The first sentence of Section 4.7(b) of the FXA Agreement is hereby deleted and replaced with the following: On the first day of each month that is both a Local Business Day and a New York Business Day, the Trustee shall withdraw from the Non-Interest Account amounts necessary to pay the Trust expenses provided for in Section 4.7(a) and any otherwise unpaid expenses hereunder.
Appears in 9 contracts
Samples: Depositary Trust Agreements (Currencyshares Euro Trust), Depositary Trust Agreements (Currencyshares Chinese Renminbi Trust), Trust Agreements (Currencyshares Swedish Krona Trust)
Amendment of Section 4. 7(b) of the FXA FXE Agreement. The first sentence of Section 4.7(b) of the FXA FXE Agreement is hereby deleted and replaced with the following: On the first day of each month that is both a Local Business Day and a New York Business Day, the Trustee shall withdraw from the Non-Interest Account amounts necessary to pay the Trust expenses provided for in Section 4.7(a) and any otherwise unpaid expenses hereunder.
Appears in 9 contracts
Samples: Trust Agreements (Currencyshares Swedish Krona Trust), Trust Agreements (Currencyshares Swiss Franc Trust), Depositary Trust Agreements (Currencyshares Euro Trust)