Blanket Issuer Letter of Representations between ETFS Platinum Trust and The Depository Trust Company
This agreement is between ETFS Platinum Trust and The Depository Trust Company (DTC). ETFS Platinum Trust agrees to comply with DTC's rules and operational requirements so that its securities can be made eligible for deposit and book-entry transfer through DTC. The agreement ensures that the securities issued by ETFS Platinum Trust can be processed and transferred electronically by DTC, streamlining settlement and custody. The document is signed by both parties and outlines the ongoing obligations of the issuer to maintain eligibility.
Exhibit 10.3
The Depository Trust Company
A subsidiary of the Depository Trust & Clearing Corporation
BLANKET ISSUER LETTER OF REPRESENTATIONS
ETFS PLATINUM TRUST
June 25, 2009
(Date)
Attention: Underwriting Department
The Depository Trust Company
55 Water Street, 1SL
New York, NY 10041-0099
Ladies and Gentlemen:
This letter sets forth our understanding with respect to all issues (the Securities) that Issuer shall request to be made eligible for deposit by the Depository Trust Company (DTC).
Issuer is formed under the laws of the State of New York.
To induce DTC to accept the Securities as eligible for deposit at DTC, and to act in accordance with DTCs Rules with respect to the Securities, Issuer represents to DTC that issuer will comply with the requirements stated in DTCs Operational Arrangements, as they may be amended from time to time.
Note: | Very truly yours, | |||
Schedule A contains statements that DTC believes | ||||
accurate describe DTC, the method of effecting | ETFS PLATINUM TRUST, | |||
book-entry transfers of securities distributed | ||||
through DTC, and certain related matters. | by ETF Securities USA LLC, as sponsor | |||
Received and Accepted | By: | /s/ Greg Burgess | ||
THE DEPOSITORY TRUST COMPANY | (Authorized Officers Signature) | |||
By: | /s/ The Depository Trust Company | Greg Burgess | ||
(Print Name) | ||||
Ordnance House, 31 Pier Road, St. Helier JE48 PW | ||||
(Street Address) | ||||
Jersey, Channel Islands | ||||
![]() | (City, State, Country, Zip) | |||
011 ###-###-#### | ||||
(Phone Number) | ||||
***@*** | ||||
(Email Address) | ||||