Common use of Termination Subject to the Termination Payment Amount Clause in Contracts

Termination Subject to the Termination Payment Amount. (A) The Sponsor may, at its discretion, terminate this Agreement upon a Change of Control of the Marketing Agent, provided that the Sponsor shall be responsible for paying the Termination Payment Amount pursuant to Article 11.2(f).

Appears in 1 contract

Sources: Marketing Agent Agreement (SPDR Gold Trust)

Termination Subject to the Termination Payment Amount. (A) The Sponsor may, at its discretion, terminate this Agreement a Product Annex with respect to a Fund upon a Change of Control of the Marketing Agent, provided that the Sponsor shall be responsible for paying the Termination Payment Amount pursuant to Article 11.2(f).

Appears in 1 contract

Sources: Master Marketing Agent Agreement (World Currency Gold Trust)