Common use of Location of Gold Clause in Contracts

Location of Gold. Gold in the Account shall be held by the Custodian (or a Sub-Custodian pursuant to Section 5) at (i) in the case of COMEX Gold, at premises located in The City of New York that are licensed or designated for the storage of gold by COMEX or, if agreed in writing between the parties with the Sponsor's approval, at premises in another location that are licensed by COMEX or (ii) in the case of LBMA Gold, premises located in The City of New York or London, England or in another location agreed in writing between the parties with the Sponsor's approval.

Appears in 2 contracts

Samples: Custodian Agreement (Ishares Comex Gold Trust), Custodian Agreement (Ishares Comex Gold Trust)

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Location of Gold. Gold in the Account shall be held by the Custodian (or a Sub-Custodian pursuant to Section 5) at (i) in the case of COMEX Gold, at premises located in The City of New York facilities that are licensed or designated for the storage of gold by COMEX or, if agreed in writing between the parties with the Sponsor's approval, at premises in another location that are licensed by COMEX or (ii) in the case of LBMA Gold, premises located in The City the State of New York York, or in Toronto, Canada, Montreal, Canada, or London, England (or within a 100 mile radius from each of Toronto, Montreal or London), or in another location agreed in writing between the parties with the Sponsor's ’s approval.

Appears in 1 contract

Samples: Custodian Agreement (Ishares Comex Gold Trust)

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Location of Gold. Gold in the Account shall be held by the Custodian (or a Sub-Custodian pursuant to Section 5) at (i) in the case of COMEX Gold, at premises located in The City of New York facilities that are licensed or designated for the storage of gold by COMEX or, if agreed in writing between the parties with the Sponsor's approval, at premises in another location that are licensed by COMEX or (ii) in the case of LBMA Gold, premises located in The City the state of New York York, or in Toronto, Canada, Montreal, Canada or London, England (or within a 100 mile radius from each of Toronto, Montreal or London) or in another location agreed in writing between the parties with the Sponsor's approval.

Appears in 1 contract

Samples: Custodian Agreement (Ishares Comex Gold Trust)

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