Common use of Segregated Storage Clause in Contracts

Segregated Storage. DDC shall store the Precious Metals of Customer separate and apart from the Precious Metals of other customers of DDC and shall not commingle the Precious Metals of Customer with the Precious Metals of other customers of DDC. Subject to these Terms and Conditions, upon DDC’s receipt of proper written instructions, DDC shall deliver or release to Customer or its designee the exact same Precious Metals as were delivered by Customer to DDC for Segregated Storage and not previously delivered or released to Customer or its designee.

Appears in 5 contracts

Samples: Custody Agreement, Custody Agreement, Custody Agreement

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