Common use of No Advice Clause in Contracts

No Advice. The Custodian’s duties and obligations under this Agreement do not include providing the other party hereto with investment advice. In asking the Custodian to open and maintain the Allocated Account, the Trustee acknowledges that it is acting pursuant to the Trust Agreement and the Custodian shall not owe to the Trustee or the Trust any duty to exercise any judgment on their behalf as to the merits or suitability of any deposits into, or withdrawals from, the Allocated Account.

Appears in 14 contracts

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

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No Advice. The Custodian’s duties and obligations under this Agreement do not include providing the other party hereto with investment advice. In asking the Custodian to open and maintain the Allocated Unallocated Account, the Trustee acknowledges that it is acting pursuant to the Trust Agreement and the Custodian shall not owe to the Trustee or the Trust any duty to exercise any judgment on their behalf as to the merits or suitability of any deposits into, or withdrawals from, the Allocated Unallocated Account.

Appears in 11 contracts

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

No Advice. The Custodian’s duties and obligations under this Agreement do not include providing the other party hereto with investment advice. In asking the Custodian to open and maintain the Trust Allocated Account, the Trustee acknowledges that it is acting pursuant to the Trust Agreement Agreement, and the Custodian shall not owe to the Trustee or the Trust any duty to exercise any judgment judgement on their behalf as to the merits or suitability of any deposits into, or withdrawals from, the Trust Allocated Account.

Appears in 7 contracts

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

No Advice. The Custodian’s duties and obligations under this Agreement do not include providing the other party hereto with investment advice. In asking the Custodian to open and maintain the Allocated Trust Unallocated Account, the Trustee acknowledges that it is acting pursuant to the Trust Agreement Agreement, and the Custodian shall not owe to the Trustee or the Trust any duty to exercise any judgment judgement on their behalf as to the merits or suitability of any deposits into, or withdrawals from, the Allocated Trust Unallocated Account.

Appears in 7 contracts

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

No Advice. The Custodian’s duties and obligations under this Agreement do not include providing the other party hereto with investment advice. In asking the Custodian to open and maintain the Allocated Trust Unallocated Account, the Trustee acknowledges that it is acting pursuant to the Trust Agreement and the Custodian shall not owe to the Trustee or the Trust any duty to exercise any judgment on their behalf as to the merits or suitability of any deposits into, or withdrawals from, the Allocated Trust Unallocated Account.

Appears in 5 contracts

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

No Advice. The Custodian’s duties and obligations under this Agreement do not include providing the other party hereto with investment advice. In asking the Custodian to open and maintain the Trust Allocated Account, the Trustee acknowledges that it is acting pursuant to the Trust Agreement and the Custodian shall not owe to the Trustee or the Trust any duty to exercise any judgment on their behalf as to the merits or suitability of any deposits into, or withdrawals from, the Trust Allocated Account.

Appears in 5 contracts

Samples: Allocated Account Agreement, Depositary Trust Agreement (Merk Gold Trust), Depositary Trust Agreement (Merk Gold Trust)

No Advice. The Custodian’s duties and obligations under this Agreement do not include providing the other party parties hereto with investment advice. In asking the Custodian to open and maintain the Allocated Unallocated Account, the Trustee acknowledges that it is acting pursuant to the Trust Agreement in reliance on its own judgment and the Custodian shall not owe to the Trustee or the Trust any duty to exercise any judgment on their behalf as to the merits or suitability of any deposits into, or withdrawals from, the Allocated Unallocated Account.

Appears in 5 contracts

Samples: Agreement (Etfs Palladium Trust), Unallocated Account Agreement (Etfs Silver Trust), Unallocated Account Agreement (ETFS Gold Trust)

No Advice. The Custodian’s duties and obligations under this Agreement do not include providing the other party parties hereto with investment advice. In asking the Custodian to open and maintain the Allocated Account, the Trustee acknowledges that it is acting pursuant to the Trust Agreement in reliance on its own judgment and the Custodian shall not owe to the Trustee or the Trust any duty to exercise any judgment on their behalf as to the merits or suitability of any deposits into, or withdrawals from, the Allocated Account.

Appears in 5 contracts

Samples: Allocated Account Agreement (ETFS Gold Trust), Allocated Account Agreement (Etfs Palladium Trust), Allocated Account Agreement (ETFS Platinum Trust)

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No Advice. The Custodian’s duties and obligations under this Agreement do not include providing the other party hereto with investment advice. In asking the Custodian to open and maintain the a Fund Allocated Account, the Trustee Trust acknowledges that it is acting pursuant to the Trust Agreement and the Custodian shall not owe to the Trustee a Fund or the Trust any duty to exercise any judgment judgement on their its behalf as to the merits or suitability of any deposits into, or withdrawals from, the Fund Allocated Account.

Appears in 4 contracts

Samples: Allocated Gold Account Agreement (World Gold Trust), Allocated Gold Account Agreement, Allocated Gold Account Agreement (World Gold Trust)

No Advice. The Custodian’s duties and obligations under this Agreement do not include providing the other party hereto with investment advice. In asking the Custodian to open and maintain the Allocated a Fund Unallocated Account, the Trustee Trust acknowledges that it is acting pursuant to the Trust Agreement and the Custodian shall not owe to the Trustee a Fund or the Trust any duty to exercise any judgment judgement on their its behalf as to the merits or suitability of any deposits into, or withdrawals from, the Allocated a Fund Unallocated Account.

Appears in 3 contracts

Samples: Unallocated Gold Account Agreement, Unallocated Gold Account Agreement (World Gold Trust), Unallocated Gold Account Agreement (World Gold Trust)

No Advice. The Custodian’s duties and obligations under this Agreement do not include providing the other party hereto with investment advice. In asking the Custodian to open and maintain the Allocated Unallocated Account, the Trustee acknowledges that it is acting pursuant to the Trust Agreement and the Custodian shall not owe to the Trustee or the Trust any duty to exercise any judgment on their behalf as to the merits or suitability of any deposits into, or withdrawals from, the Allocated Unallocated Account.

Appears in 2 contracts

Samples: Unallocated Account Agreement (Etfs Palladium Trust), Unallocated Account Agreement (ETFS Platinum Trust)

No Advice. The Custodian’s duties and obligations under this Agreement do not include providing the other party hereto Trustee with investment advice. In asking the Custodian to open and maintain the Allocated Account, the Trustee acknowledges that it is acting pursuant to the Trust Agreement does so in reliance upon its own judgement and the Custodian shall not owe to the Trustee or the Trust Sponsor any duty to exercise any judgment judgement on their the Trustee’s behalf as to the merits or suitability of any deposits into, or withdrawals from, the Allocated Account.

Appears in 1 contract

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

No Advice. The Custodian’s duties and obligations under this Agreement do not include providing the other party hereto Trustee with investment advice. In asking the Custodian to open and maintain the Allocated Unallocated Account, the Trustee acknowledges that it is acting pursuant to the Trust Agreement does so in reliance upon its own judgement and the Custodian shall not owe to the Trustee or the Trust any duty to exercise any judgment judgement on their the Trustee’s behalf as to the merits or suitability of any deposits into, or withdrawals from, the Allocated Unallocated Account.

Appears in 1 contract

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

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