Common use of Delivery of Gold Deposit Receipts Clause in Contracts

Delivery of Gold Deposit Receipts. Upon receipt by the Trustee of any Purchase Order and notification from the Underwriter of the amount determined by the Underwriter or Calculation Agent to be due from the Authorized Participant to the Underwriter with respect of such Purchase Order and an acknowledgement that such amount has been paid by the Authorized Participant to the Underwriter, the Trustee shall cause to be credited to the relevant Authorized Participant’s account at DTC the number of Gold Deposit Receipts of the applicable class issuable in respect of such Purchase Order, but only upon payment to the Trustee of all taxes and governmental charges and fees payable, if any, (as determined by the Underwriter or Calculation Agent to be due and payable to the Trustee and notified to the Trustee in its instruction) in connection with such deposit and purchase of the Gold Bullion and the issuance and delivery of related Gold Deposit Receipts.

Delivery of Gold Deposit Receipts. Upon receipt by the Trustee of any Purchase Order and notification from the Underwriter Placement Agent of the amount determined by the Underwriter Placement Agent or Calculation Agent to be due from the Authorized Participant to the Underwriter Placement Agent with respect of such Purchase Order and an acknowledgement that such amount has been paid by the Authorized Participant to the UnderwriterPlacement Agent, the Trustee shall cause to be credited to the relevant Authorized Participant’s account at DTC the number of Gold Deposit Receipts of the applicable class issuable in respect of such Purchase Order, but only upon payment to the Trustee of all taxes and governmental charges and fees payable, if any, (as determined by the Underwriter Placement Agent or Calculation Agent to be due and payable to the Trustee and notified to the Trustee in its instruction) in connection with such deposit and purchase of the Gold Bullion and the issuance and delivery of related Gold Deposit Receipts.

Delivery of Gold Deposit Receipts. Upon receipt by the Trustee of any Purchase Order and notification from the Underwriter of the amount determined by the Underwriter or Calculation Agent to be due from the Authorized Participant to the Underwriter with respect of such Purchase Order and an acknowledgement that such amount has been paid by the Authorized Participant to the Underwriter, the Trustee shall cause to be credited to the relevant Authorized Participant’s account at DTC the number of Gold Deposit Receipts of the applicable class issuable in respect of such Purchase Order, but only upon payment to the Trustee of all taxes and governmental charges and fees payable, if any, (as determined by the Underwriter or Calculation Agent to be due and payable to the Trustee and notified to the Trustee in its instruction) in connection with such deposit and purchase of the Gold Bullion and the issuance and delivery of related Gold Deposit Receipts.. 10 Section 2.8

Delivery of Gold Deposit Receipts. Upon receipt by the Trustee of any Purchase Order and notification instruction from the Underwriter Placement Agent or Calculation Agent of the amount determined by the Underwriter Placement Agent or Calculation Agent to be due from the Authorized Participant to the Underwriter with respect of such Purchase Order as provided in Section 2.6 and an acknowledgement that such amount has been paid by the Authorized Participant to the UnderwriterPlacement Agent, the Trustee shall cause to be credited to the relevant Authorized Participant’s account at DTC the number of Gold Deposit Receipts of the applicable class issuable in respect of such Purchase Order, but only upon payment to the Trustee of all taxes and governmental charges and fees payable, if any, (as determined by the Underwriter Placement Agent or Calculation Agent to be due and payable to the Trustee and notified to the Trustee in its instructionTrustee) in connection with such deposit and purchase of the Gold Bullion and the issuance and delivery of related Gold Deposit Receipts.

Delivery of Gold Deposit Receipts. Upon receipt by the Trustee of any Purchase Order and notification from the Underwriter Placement Agent of the amount determined by the Underwriter Placement Agent or Calculation Agent to be due from the Authorized Participant to the Underwriter Placement Agent with respect of such Purchase Order and an acknowledgement that such amount has been paid by the Authorized Participant to the UnderwriterPlacement Agent, the Trustee shall cause to be credited to the relevant Authorized Participant’s account at DTC the number of Gold Deposit Receipts of the applicable class issuable in respect of such Purchase Order, but only upon payment to the Trustee of all taxes and governmental charges and fees payable, if any, (as determined by the Underwriter Placement Agent or Calculation Agent to be due and payable to the Trustee and notified to the Trustee in its instruction) in connection with such deposit and purchase of the Gold Bullion and the issuance and delivery of related Gold Deposit Receipts.. 9 Section 2.8