Foreign Currency Risks. The Trust will bear the risk associated with Cash denominated in any currency. Citi may make any currency conversion at the prevailing rate of exchange for the relevant currencies at the time of conversion as required to effect any Instruction.
Appears in 2 contracts
Sources: Custodial and Agency Services Agreement (Horizons ETF Trust), Custodial and Agency Services Agreement (Huntington Strategy Shares)
Foreign Currency Risks. The Trust will bear the risk associated with Cash denominated in any currency. Citi may make any currency conversion at the prevailing rate of exchange for the relevant currencies at the time of conversion as required to effect any Instruction. Custodian agrees to facilitate currency conversion transactions in such jurisdictions and such currencies where we provide such services generally, except where prohibited by law. Custodian reserves the right to cease providing such services in any jurisdiction or currency at any time in its sole discretion.
Appears in 1 contract
Sources: Custodial and Agency Services Agreement (Exchange Traded Concepts Trust II)