Location of Physical Gold Sample Clauses

Location of Physical Gold. Unless otherwise agreed between the parties, Physical Gold must be held by the Custodian at its London vault premises or, when Physical Gold has been allocated on a temporary basis in a vault other than the Custodian’s London vault by any Sub-Custodian employed by the Custodian pursuant to clause 8. 1. The Custodian agrees that it shall use, or where applicable procure any Sub-Custodian to use, commercially reasonable efforts promptly to transport any Physical Gold held for the Trustee to its London vault premises at the Custodian’s cost and risk. The Custodian agrees that all delivery and packing shall be in accordance with the Rules and LBMA good market practices.
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Location of Physical Gold. Unless otherwise agreed between the parties, Physical Gold must be held by the Custodian at its London vault premises. If the parties agree that Physical Gold may be temporarily held at another vault premises of the Custodian, the Custodian agrees that it shall use commercially reasonable efforts promptly to transport any Physical Gold held for the Trustee to its London vault location at the Custodian’s cost and risk. The Custodian agrees that all delivery and packing shall be in accordance with the Rules and Relevant Association good market practices.
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Location of Physical Gold. All Physical Gold held in the Trust Allocated Metal Account at any point in time will be held at the risk and responsibility of the Custodian. Except as provided for in clause 7.6, the Custodian shall store Physical Gold in its own vaulting facilities, generally in Perth, Australia, or such other locations where the Custodian may maintain vaulting facilities from time to time, and utilize the services of its appointed secure transportation provider at the risk of the Custodian.
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Location of Physical Gold. The Gold comprising the Account Balance must be held by the Custodian at the nominated vault premises or at the vaults of a Sub-Custodian, as specified in the Schedule attached hereto, and, unless otherwise agreed among the Custodian, the Trustee, and the Sponsor, such vaults to be within the UK unless agreed otherwise. The Custodian agrees that it shall use, or where applicable procure any Sub-Custodian to use, commercially reasonable efforts promptly to transport any Physical Gold held for the Trustee to its London vault premises at the Custodian’s cost and risk , or substitute the metal in accordance with clause 4.5 with metal at its London vault premise. The Custodian agrees that all delivery and packing shall be in accordance with the Rules and LBMA good market practices.
Sample 1
Location of Physical Gold. Unless otherwise agreed between the parties, Physical Gold held for the Trust in a Fund Allocated Account must be held by the Custodian at its London vault premises or, when Physical Gold has been allocated in a vault other than the Custodian’s London vault premises, by a Sub-Custodian or an Indirect Sub-Custodian. The Custodian agrees that it shall use commercially reasonable efforts promptly to transport any Physical Gold held for the Trust by a Sub-Custodian or an Indirect Sub-Custodian to the Custodian’s London vault premises at the Custodian’s cost and risk. The Custodian agrees that all delivery and packing shall be in accordance with the Rules and LBMA good market practices.
Sample 1
Location of Physical Gold. The Physical Gold comprising the Account Balance must be held by us at the nominated vault premises or at the vaults of a Sub-Custodian, as specified in the Schedule attached hereto, unless otherwise agreed between us, such vaults to be within the UK unless agreed otherwise. We agree that we shall use, or where applicable procure any Sub-Custodian to use, commercially reasonable efforts promptly to transport any Physical Gold held for the Trust to its London vault premises at our cost and risk, or substitute the metal in accordance with Clause 4.6 with metal at its London vault premise. We agree that all delivery and packing shall be in accordance with the Rules and LBMA good market practices.
Sample 1
Location of Physical Gold. Unless otherwise agreed between the parties, Physical Gold held for a Fund in the Fund Allocated Account must be held by the Custodian at its London vault premises or, when Physical Gold has been allocated in a vault other than the Custodian’s London vault premises, by a Sub-Custodian or an Indirect Sub-Custodian. The Custodian agrees that it shall use commercially reasonable efforts promptly (i) to transport any Physical Gold held for a Fund by a Sub-Custodian or an Indirect Sub-Custodian to the Custodian’s London vault premises or (ii) substitute the Physical Gold held for a Fund by a Sub-Custodian or an Indirect Sub-Custodian by a book entry debit from an allocated account of such Sub-Custodian or Indirect Sub-Custodian and corresponding credit of Physical Gold to the Fund Allocated Account at the Custodian’s London vault premises. If the Custodian allocates Physical Gold to the Fund Allocated Account and such Physical Gold is held by a Sub-Custodian or an Indirect Sub-Custodian and is physically transported from such Sub-Custodian’s or Indirect Sub-Custodian’s vault premises to the Custodian’s London vault premises, then: (i) the Custodian accepts liability for all costs related to the transportation of such Physical Gold, including insurance, from such Sub-Custodian’s or Indirect Sub-Custodian’s vault premises to the Custodian’s London vault premises; and (ii) the Custodian bears the risk of loss of such Physical Gold, whether due to theft, destruction or otherwise. The Custodian agrees that all delivery and packing shall be in accordance with the Rules and LBMA good market practices, and if there is a change in the delivery or packing due to a change in the Rules, the Custodian shall promptly provide the Trust with the reasons for the change.
Sample 1
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Related to Location of Physical Gold

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