Valid Status. 20.3.1 Upon the creation of an eVW, the Bullion the subject of the eVW shall no longer be available for trade within its Product upon MetalDesk. 20.3.2 At all times, Bullion, which is the subject of an eVW and which has a valid status, may be withdrawn from the ABX Vault Network in accordance with Clause 6.6. Where such a withdrawal request is made, the Allocated and Segregated item of Bullion, which is the subject of each eVW and which has a valid status, shall be debited from the PTAs Bullion Account. After this occurs, the status of the e-‐ VW will be automatically changed to “cancelled”.
Appears in 2 contracts
Samples: Proprietary Trading Member Account Agreement, Proprietary Trading Member Account Agreement
Valid Status. 20.3.1 Upon the creation of an eVW, the Bullion the subject of the eVW shall no longer be available for trade within its Product upon MetalDesk.
20.3.2 At all times, Bullion, which is the subject of an eVW and which has a valid status, may be withdrawn from the ABX Vault Network in accordance with Clause 6.67. Where such a withdrawal request is made, the Allocated and Segregated item of Bullion, which is the subject of each eVW and which has a valid status, shall be debited from the PTAs Full Members Bullion Account. After this occurs, the status of the e-‐ VW will be automatically changed to “cancelled”.
Appears in 2 contracts
Samples: Full Member Account Agreement, Full Member Account Agreement
