Common use of SALE OF GOLD Clause in Contracts

SALE OF GOLD. 7.1 Sale of gold at CIMB Bank branch: 7.1.1 I/We acknowledge and agree that my/our instructions to the Bank to sell gold in the eGIA must be made on a business day b completing the form as prescribed by the Bank subject to any requirements, the prevailing practice of the Bank, and/or proof my/our identity if require. 7.1.2 Upon each sale, the Bank shall record the quantity of gold sold by me/us in grams, the price of gold sold in Ringgit Malaysia equivalent, the price of gold sold per gram in Ringgit Malaysia, and the balance of gold in grams (if any) in the eGIA. 7.2 When making a sale, the duly completed and executed form or document(s) prescribed by the Bank shall be presented to the Bank.

Appears in 4 contracts

Samples: E Gold Investment Account Agreement, Cimb Bank E Gold Investment Account Agreement, Cimb Bank E Gold Investment Account Agreement

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