Common use of Unallocated Precious Metal Clause in Contracts

Unallocated Precious Metal. Unallocated Precious Metal will be stored by us on the following terms: (a) you will own, as an owner in common with other Unallocated Precious Metal clients, an undivided interest in our pool of Precious Metal maintained in unsegregated storage on a fungible basis without specific identification of your Unallocated Precious Metal; (b) we may use all or part of your Unallocated Precious Metal solely to fund the Precious Metal needs of our operations. We will not short sell your Unallocated Precious Metal nor lend your Unallocated Precious Metal to third parties where control is not exercised by us; (c) you are not entitled to payment of any benefit arising from our use of the your Unallocated Precious Metal; and (d) any use of your Unallocated Precious Metal by us will be without prejudice to your right subject to these Terms at any time to instruct us to sell or take Delivery of the Unallocated Precious Metal in a physical form in accordance with these Terms.

Unallocated Precious Metal. Unallocated Precious Metal will shall be stored by us on the following terms: (a) you will shall own, as an owner in common with other Unallocated Precious Metal clientsClients, an undivided interest in our pool of Precious Metal maintained in unsegregated storage on a fungible basis without specific identification of your the Client’s Unallocated Precious Metal; (b) we may use all or part of your Unallocated Precious Metal solely to fund the Precious Metal needs of our operations. We will shall not short sell your Unallocated Precious Metal nor lend your Unallocated Precious Metal to third parties where control is not exercised by us; (c) you are shall not be entitled to payment of any benefit arising from our use of the your Unallocated Precious Metal; and (d) any use of your Unallocated Precious Metal by us will shall be without prejudice to your right subject to these Terms at any time to instruct us to sell or take Delivery of the Unallocated Precious Metal in a physical form in accordance with these Terms.

Unallocated Precious Metal. Unallocated Precious Metal will be stored by us on the following terms: (a) you will own, as an owner in common with other Unallocated Precious Metal clients, an undivided interest in our pool of Precious Metal maintained in unsegregated storage on a fungible basis without specific identification of your Unallocated Precious Metal; (b) we may use all or part of your Unallocated Precious Metal solely to fund the Precious Metal needs of our operations. We will not short sell your Unallocated Precious Metal nor lend your Unallocated Precious Metal to third parties where control is not exercised by us; (c) you are not entitled to payment of any benefit arising from our use of the your Unallocated Precious Metal; and (d) any use of your Unallocated Precious Metal by us will be without prejudice to your right right, subject to these Terms at any time time, to instruct us to sell or take Delivery of the Unallocated Precious Metal in a physical the form of Allocated Precious Metal in accordance with these Terms.