Common use of ORDER FOR PURCHASE Clause in Contracts

ORDER FOR PURCHASE. 8.1 The Bank may from time to time sell to me/us gold pursuant to my/our purchase order(s) in accordance with the provisions of this Agreement. Each purchase order shall be in such form as the Bank prescribe including by way of electronic mode and will only be accepted by the Bank if placed by me/us on a business day (i.e. during the normal business hours when the Bank shall be open to the public to conduct banking business, hereinafter referred to as the “Business Day”). Such form shall include, , the MGIA designation and the number of grams of gold to be sold. Upon each purchase, the Bank shall record against my/our MGIA the quantity of gold so purchased by me/us as owing and due by the Bank to me/us and the Bank shall not be obliged at any time or under any circumstances , to make physical delivery to me/us of the gold so purchased by me/us (as provided in Clause 11.1). 8.2 When making a purchase, the Passbook (not -applicable to companies) shall be presented to the Bank together with the duly completed prescribed order for purchase form. Purchasing of gold is also available on the Bank’s electronic channel for individual customers only (i.e. Xxxxxxx0x.xxx or such other electronic channels made available by the Bank). Ifa purchase is made via the Bank’s electronic channel, the Passbook shall be presented to the Bank within 12 months of the transaction for the Passbook to be updated. The Bank shall not be responsible to account for or reproduce the detailed statement on per transaction basis for your failure to present the Passbook within the 12 months period . In the event of any discrepancies and or in the absence of updates on per transaction basis, the Bank’s records shall be deemed to be conclusive and binding on me/us. I/We further agree and understand that if the Passbook is presented after 12 months from the transaction, the transaction(s) records printed on the Passbook may be on an aggregated basis instead of on a per transaction basis.

ORDER FOR PURCHASE. 8.1 The Bank may from time to time sell to me/us gold pursuant to my/our purchase order(s) in accordance with the provisions of this Agreement. Each purchase order shall be in such form as the Bank shall from time to time prescribe including by way of electronic mode and will only be accepted by the Bank if placed by me/us on a business day (i.e. during the normal business hours when the Bank shall be open to the public to conduct banking business, hereinafter referred to as the “Business Day”). Such form shall include, without limitation to the generality of the foregoing, the MGIA designation and the number of grams of gold to be sold. Upon each purchase, the Bank shall record against my/our MGIA the quantity of gold so purchased by me/us as owing and due by the Bank to me/us and the Bank shall not be obliged at any time or under any circumstances whatsoever, to make physical delivery to me/us of the gold so purchased by me/us (as provided in Clause 11.1). 8.2 When making a purchase, the Passbook (not -applicable to companies) shall be presented to the Bank together with the duly completed prescribed order for purchase form. Purchasing of gold is also available on the Bank’s Bank‟s electronic channel for individual customers only (i.e. Xxxxxxx0x.xxx or such other electronic channels made available by the BankBank may deem fit). Ifa In the event a purchase is made via the Bank’s Bank‟s electronic channel, the Passbook shall be presented to the Bank after the transaction is made within 12 months of the transaction for the Passbook to be updatedupdates. The Bank shall not be responsible to account for or reproduce the detailed statement on per transaction basis for your failure to present the Passbook within the said 12 months period of the transaction for any updates. In the event of any discrepancies and or in the absence of updates on per transaction basis, the Bank’s Bank‟s records shall be deemed to be conclusive and binding on me/us. I/We further agree and understand that if the Passbook is presented after 12 months from after the transaction, the transaction(s) records printed on the Passbook may be on an aggregated basis instead of on a per transaction basis.

ORDER FOR PURCHASE. 8.1 The Bank may from time to time sell to me/us gold pursuant to my/our purchase order(s) in accordance with the provisions of this Agreement. Each purchase order shall be in such form as the Bank shall from time to time prescribe including by way of electronic mode and will only be accepted by the Bank if placed by me/us on a business day (i.e. during the normal business hours when the Bank shall be open to the public to conduct banking business, hereinafter referred to as the “Business Day”). Such form shall include, without limitation to the generality of the foregoing, the MGIA designation and the number of grams of gold to be sold. Upon each purchase, the Bank shall record against my/our MGIA the quantity of gold so purchased by me/us as owing and due by the Bank to me/us and the Bank shall not be obliged at any time or under any circumstances whatsoever, to make physical delivery to me/us of the gold so purchased by me/us (as provided in Clause 11.1). 8.2 When making a purchase, the Passbook (not -applicable non-applicable to companies) shall be presented to the Bank together with the duly completed prescribed order for purchase form. Purchasing of gold is also available on the Bank’s Bank‟s electronic channel for individual customers only (i.e. Xxxxxxx0x.xxx or such other electronic channels made available by the BankBank may deem fit). Ifa In the event a purchase is made via the Bank’s Bank‟s electronic channel, the Passbook shall be presented to the Bank after the transaction is made within 12 months of the transaction for the Passbook to be updatedupdates. The Bank shall not be responsible to account for or reproduce the detailed statement on per transaction basis for your failure to present the Passbook within the said 12 months period of the transaction for any updates. In the event of any discrepancies and or in the absence of updates on per transaction basis, the Bank’s Bank‟s records shall be deemed to be conclusive and binding on me/us. I/We further agree and understand that if the Passbook is presented after 12 months from after the transaction, the transaction(s) records printed on the Passbook may be on an aggregated basis instead of on a per transaction basis.

ORDER FOR PURCHASE. 8.1 The Bank may from time to time sell to me/us gold pursuant to my/our purchase order(s) in accordance with the provisions of this Agreement. Each purchase order shall be in such form as the Bank shall from time to time prescribe including by way of electronic mode and will only be accepted by the Bank if placed by me/us on a business day (i.e. during the normal business hours when the Bank shall be open to the public to conduct banking business, hereinafter referred to as the “Business Day”). Such form shall include, without limitation to the generality of the foregoing, the MGIA designation and the number of grams of gold to be sold. Upon each purchase, the Bank shall record against my/our MGIA the quantity of gold so purchased by me/us as owing and due by the Bank to me/us and the Bank shall not be obliged at any time or under any circumstances whatsoever, to make physical delivery to me/us of the gold so purchased by me/us (as provided in Clause 11.1). 8.2 When making a purchase, the Passbook (not -applicable to companies) shall be presented to the Bank together with the duly completed prescribed order for purchase form. Purchasing of gold is also available on the Bank’s electronic channel for individual customers only (i.e. Xxxxxxx0x.xxx or such other electronic channels made available by the BankBank may deem fit). Ifa In the event a purchase is made via the Bank’s electronic channel, the Passbook shall be presented to the Bank after the transaction is made within 12 months of the transaction for the Passbook to be updatedupdates. The Bank shall not be responsible to account for or reproduce the detailed statement on per transaction basis for your failure to present the Passbook within the said 12 months period of the transaction for any updates. In the event of any discrepancies and or in the absence of updates on per transaction basis, the Bank’s records shall be deemed to be conclusive and binding on me/us. I/We further agree and understand that if the Passbook is presented after 12 months from after the transaction, the transaction(s) records printed on the Passbook may be on an aggregated basis instead of on a per transaction basis.