Common use of Denomination of Allocated Accounts Clause in Contracts

Denomination of Allocated Accounts. The Precious Metals recorded in Allocated Accounts shall be denominated: in the case of gold, in fine xxxx ounces of gold (to three decimal places); in the case of silver, in xxxx ounces of silver (to at least one decimal place); and, in the case of any other metal, in such denomination as is provided for in the Rules or if there is no such provision, such denomination as may be agreed between us.

Denomination of Allocated Accounts. The Precious Metals recorded in Allocated Accounts shall be denominated: in the case of goldGold, in fine xxxx ounces of gold Gold (to three decimal places); in the case of silver, in xxxx ounces of silver (to at least one decimal place); and, in the case of any other metal, in such denomination as is provided for in the Rules or if there is no such provision, such denomination as may be agreed between us.