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: Product Withdrawal Fee Delivery Fee 1-ounce Gold Maple Leaf Coin* $55 per coin $50 flat fee 1-ounce Gold Bar* $45 per bar *subject to availability The Authorized Participant or broker-dealer should complete the following worksheet: Product Quantity Withdrawal Fee Total Withdrawal Fee (Quantity x Withdrawal Fee) 1-ounce Gold Maple Leaf Coin _______ $55 per coin $_______ 1-ounce gold bar _______ $45 per bar $_______ Total Withdrawal Fee: $_________ Delivery Fee: $50 Total Withdrawal and Delivery Fee: $_________ Number of Gold Deposit Receipts Surrendered: __________ (one Gold Deposit Receipt = 1 xxxx ounce of gold) 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/)
