Common use of Form of Delivery Clause in Contracts

Form of Delivery. A holder may receive delivery of physical Gold Bullion in one of two forms (subject to availability): 1-ounce gold maple leaf coins, or 1-ounce gold bars. The Withdrawal and Delivery Fees associated with each form of physical Gold Bullion are as follows: The Authorized Participant or broker-dealer should complete the following worksheet: Total Withdrawal Fee: $_________ Total Withdrawal and Delivery Fee: $_________ Number of Gold Deposit Receipts Surrendered: __________ Note: The form of Gold Bullion is subject to availability. If a holder’s preferred form of Gold Bullion is not available for delivery, the Selling Underwriter will contact the Authorized Participant or broker-dealer. The total Withdrawal and Delivery Fee must be submitted with this form in order for it to be processed.

Appears in 6 contracts

Samples: Depositary Trust Agreement (Bank of Montreal /Can/), Depositary Trust Agreement (Vaulted Gold Bullion Trust), Depositary Trust Agreement (Bank of Montreal /Can/)

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