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.
Sample 1Sample 2Sample 3See All (7)
AutoNDA by SimpleDocs
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.
Sample 1Sample 2Sample 3See All (5)
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.
Sample 1Sample 2
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
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
AutoNDA by SimpleDocs

Related to Location of Physical Gold

  • Physical Examination The Employer, at its own expense, shall have the right and be given the opportunity to have a medical doctor appointed by the Employer examine, as often as it may reasonably require, any employee whose injury, sickness, mental or nervous disorder is the basis of claim upon this Plan.

  • Maintenance of Physical Damage Insurance Policies The Servicer shall, in accordance with its customary servicing procedures and underwriting standards, require that each Obligor shall have obtained physical damage insurance covering each Financed Vehicle as of the origination of the related Receivable.

  • Annual Physical The Executive may, if the Executive so elects, within the twelve (12) months following the Date of Termination, receive an annual physical at the Company’s expense consistent with the physical provided under, and subject to the requirements of, the Company’s annual physical program as in effect immediately prior to the Date of Termination.

  • Unavailability of Tenor of Benchmark Notwithstanding anything to the contrary herein or in any other Loan Document, at any time (including in connection with the implementation of a Benchmark Replacement), (A) if the then-current Benchmark is a term rate (including the Term SOFR Reference Rate) and either (1) any tenor for such Benchmark is not displayed on a screen or other information service that publishes such rate from time to time as selected by the Administrative Agent in its reasonable discretion or (2) the regulatory supervisor for the administrator of such Xxxxxxxxx has provided a public statement or publication of information announcing that any tenor for such Benchmark is not or will not be representative, then the Administrative Agent may modify the definition of “Interest Period” (or any similar or analogous definition) for any Benchmark settings at or after such time to remove such unavailable or non-representative tenor and (B) if a tenor that was removed pursuant to clause (A) above either (1) is subsequently displayed on a screen or information service for a Benchmark (including a Benchmark Replacement) or (2) is not, or is no longer, subject to an announcement that it is not or will not be representative for a Benchmark (including a Benchmark Replacement), then the Administrative Agent may modify the definition of “Interest Period” (or any similar or analogous definition) for all Benchmark settings at or after such time to reinstate such previously removed tenor.

  • Certification of Residency, etc Customer certifies that it is a resident of the United States and shall notify Bank of any changes in residency. Bank may rely upon this certification or the certification of such other facts as may be required to administer Bank's obligations hereunder. Customer shall indemnify Bank against all losses, liability, claims or demands arising directly or indirectly from any such certifications.

  • Name; Location of Chief Executive Office Except as disclosed in the Schedule, Borrower has not done business under any name other than that specified on the signature page hereof. The chief executive office of Borrower is located at the address indicated in Section 10 hereof.

Time is Money Join Law Insider Premium to draft better contracts faster.