Gold Bullion Sample Clauses

Gold Bullion. The Gold Bullion held by the Trust is free and clear of any lien, pledge, encumbrance, right, charge or claim (other than the rights created by this Agreement). Gold Bullion purchased in connection with the Gold Deposit Receipt or delivered upon a Redemption Order will have minimum fineness of 995 parts per 1000. Subject to the terms of the Gold Storage Agreement, the Initial Depositor, in its sole and absolute discretion, will determine whether the physical Gold Bullion holdings in the Initial Depositor’s account are in coin, bar, wafer, or ingot form. If the Gold Bullion is in coin form, each coin will also: (w) have been produced by the Mint and be legal tender in Canada for its denomination; and (x) have a fair market value not exceeding 110 percent of the fair market value of the coin’s gold content. If the Gold Bullion is in bar, wafer, or ingot form, the Gold Bullion will also (y) have been fabricated by a metal refiner included in the LBMA’s good delivery list of acceptable refiners for gold; and (z) bear basic identification markings that are recognized and accepted for trading in Canadian financial markets, including the hallmark of the metal refiner that produced it and a stamp indicating its fineness and weight, and no other markings.
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Gold Bullion. Coins — American 1 xxxx ounce, 1/2 ounce, ¼ ounce and 1/10 ounce Eagles; American 1 xxxx ounce Buffalos; South African 1 xxxx ounce Krugerrands; Canadian 1 xxxx ounce,
Gold Bullion. In the event Grantee produces gold bullion from ores and minerals mined from the Mining Properties, Grantee shall pay Grantor a production royalty of three percent (3%) of the Net Return From Sales. If Grantee does not sell part or all of said bullion so produced, and holds and retains it at the close of a calendar year, Grantee shall pay Grantor a production royalty of three percent (3Y.) of the average monthly price as established by the London Gold market on the month of production of said bullion. In the event Grantee produces any of said gold bullion, it shall advise Grantor of such production within seven (7) days following the close of the month within which said production occurred whether said bullion is to be sold or retained by Grantee. Grantor shall have the option of taking any production royalty based upon said production in kind, in the form of gold bullion. The value of the bullion taken shall be credited to the guaranteed royalty and applied towards the option price. "Gold bullion", as used herein, means any gold concentrate having a pure gold content in excess of ten percent (107.).

Related to Gold Bullion

  • Precious Metals A Fund may, upon Special Instructions, direct the Custodian to appoint, or instruct the Domestic Subcustodian to appoint, a depository for the safekeeping and storage of gold, silver, platinum and other precious metals (“Precious Metals”) on behalf of such Fund.

  • Minerals The seller’s share of minerals (if any) will NOT transfer with the surface at closing.

  • Weighing 7.1. In order to calculate the quantity of Grain delivered to a Port Terminal Facility: (a) all Grain delivered by road to the Port Terminal Facilities for unloading must be weighed using CBH’s weighing facilities operated by CBH personnel recording the gross and tare weights of the road vehicles containing the loads of Grain; (b) if the Grain is delivered by rail from a CBH Site upcountry, the weight will be determined by referencing the weight of the load as determined by CBH personnel at the relevant upcountry Site (“CBH Weight”); and (c) if the Grain is delivered by rail from a third party site and where the Port Terminal Facilities have such facilities, CBH will batch weigh the Grain unloaded from rail vehicles into the grid. 7.2. If Grain is delivered a Port Terminal Facility by rail pursuant to clause 7.1(b) of this Schedule 7, CBH may elect to conduct an audit and batch weigh the Grain delivered to the Port Terminal Facility. If, following an audit by CBH under this clause 7.2 of this Schedule 7, there is a discrepancy of more than 2.5% between the CBH Weight and the weight determined by CBH at Port (“Weight Shortfall”), CBH may deduct the relevant Weight Shortfall from the Customer’s Grain Entitlement and charge the Customer the Rail Weighing Fee as set out in the Fees and Charges Schedule. 7.3. In all cases, CBH must provide the Customer with a weighbridge ticket or other statement certifying the weight and quantity of Grain delivered to the Port Terminal Facility and confirming the name of the person in whose name the Grain is delivered based on the information contained in the Customer’s Direct to Port Delivery Declaration Form and Direct to Port Sample Declaration Form provided to CBH at or prior to the delivery of each load of Grain at the Port Terminal Facility.

  • TOOL STORAGE 1. A company shall provide on all construction jobs in towns and cities, and elsewhere where reasonably necessary and practicable (or if requested buy the employee), a suitable and secure waterproof lock-up solely for the purpose of storing employees’ tools, and on multi-storey and major projects the company shall provide, where possible, a suitable lock-up for employees’ tools within a reasonable distance of the work area of large groups of employees. 2. Where an employee is absent from work because of illness or accident and has advised the company in accordance with Clause 33 – Personal Leave of the award, the company shall ensure that the employee’s tools are securely stored during his/her absence.

  • MINES The Contractor represents and warrants that neither it, its parent entities (if any), nor any of the Contractor’s subsidiaries or affiliated entities (if any) is engaged in the sale or manufacture of anti-personnel mines or components utilized in the manufacture of anti-personnel mines.

  • DELIVERY, TITLE AND RISK OF LOSS Unless otherwise specified on the EDDYFI quotation, delivery is FCA (Manufacturing Site). In any case, delivery and risk of loss is in accordance with INCOTERMS 2010. Title to products shall pass to the Customer upon full payment of the invoice(s). In the absence of specific instructions, goods will be shipped via the carrier EDDYFI deems most practical. No claim for error in shipment will be considered unless made within ten (10) days of Customer’s receipt of goods.

  • API If the Software offers integration capabilities via an API, your use of the API may be subject to additional costs or Sage specific policies and terms and conditions (which shall prevail in relation to your use of the API). You may not access or use the API in any way that could cause damage to us or the Software, or in contravention of any applicable laws. We reserve the right in our sole discretion, to: (i) update any API from time to time; (ii) place limitations around your use of any API; and (iii) deny you access to any API in the event of misuse by you or to otherwise protect our legitimate interests.

  • Natural Gas 21.1 Subject to Article 21.2, the Indian domestic market shall have the first call on the utilisation of Natural Gas discovered and produced from the Contract Area. Accordingly, any proposal by the Contractor relating to Discovery and production of Natural Gas from the Contract Area shall be made in the context of the Government's policy for the utilisation of Natural Gas and shall take into account the objectives of the Government to develop its resources in the most efficient manner and to promote conservation measures. 21.2 The Contractor shall have the right to use Natural Gas produced from the Contract Area for the purpose of Petroleum Operations including reinjection for pressure maintenance in Oil Fields, gas lifting and captive power generation required for Petroleum Operations. 21.3 For the purpose of sales in the domestic market pursuant to this Article 21, the Contractor shall have freedom to market the Gas and sell its entitlement.

  • Modern Slavery You hereby affirm your compliance with the Modern Slavery Xxx 0000 and associated guidance. You confirm (a) that you have read, are familiar with and shall not perform an act or omission which is in contravention with, the letter or spirit of the Act; and (b) you carry out regular, meaningful and comprehensive due diligence procedures and have internal policies in place to address any suspected human rights abuse in your business and Group where applicable.

  • Delivery Point The delivery point is the point of delivery of the Power Product to the CAISO Controlled Grid (the “Delivery Point”). Seller shall provide and convey to Buyer the Power Product from the Generating Facility at the Delivery Point. Title to and risk of loss related to the Power Product transfer from Seller to Buyer at the Delivery Point.

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