Common use of Hague Convention Clause in Contracts

Hague Convention. (i) At the time of the Securities Intermediary’s entry into the governing law provisions of any agreement between the Issuer and the Securities Intermediary governing the Trust Accounts (each such agreement, an “Account Agreement”) that are currently in force, (ii) at each time of any later amendment to any Account Agreement that reaffirmed or amended such governing law provisions, and (iii) as of the date hereof: the Securities Intermediary had and has an office located in the United States of America, that is not a temporary office, and that engaged and engages in a business or other regular activity of maintaining securities accounts within the meaning of Article 4(1)(a)(iii) of the Hague Convention on the Law Applicable to Certain Rights in Respect of Securities Held With an Intermediary.

Hague Convention. (i) At the time of the Securities Intermediary’s entry into the governing law provisions of any agreement between the Issuer and the Securities Intermediary governing the Trust Accounts (each such agreement, an “Account Agreement”) that are currently in force, (ii) at each time of any later amendment to any Account Agreement that reaffirmed or amended such governing law provisions, and (iii) as of the date hereof: the Securities Intermediary had and has an office located in the United States of America, that is not a temporary office, and that engaged and engages in a business or other regular activity of maintaining securities accounts within the meaning of Article 4(1)(a)(iii) of the Hague Convention on the Law Applicable to Certain Rights in Respect of Securities Held With an Intermediary.