Amendment of Section 4. 7(b) of the FXS Agreement. The first sentence of Section 4.7(b) of the FXS 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 7 contracts
Sources: Depositary Trust Agreements (Currencyshares Swedish Krona Trust), Depositary Trust Agreements (Currencyshares Chinese Renminbi Trust), Depositary Trust Agreements (Currencyshares British Pound Sterling Trust)