Allocated Basis definition

Allocated Basis means, in relation to any Gold Bullion held by us for and on your behalf, the Gold Bullion which has been segregated and details of which we notify in writing to you, and which shall include any Gold Bullion of equivalent quality, value, fineness, and weight (but not necessarily equivalent shape, dimensions or marks), which we may substitute from time to time in our absolute discretion and notify you in writing.
Sample 1Sample 2Sample 3
Allocated Basis means gold bullion assets are held by an IIFS under the name of another IIFS that owns these assets; that is, the IIFS holding the gold bullion assets allocates these assets to, and has an obligation to deliver them to, the IIFS that owns them.
Sample 1
Allocated Basis means the basis set forth in clause 4.1;
Sample 1

Examples of Allocated Basis in a sentence

  • The Allocated Basis assigned to the Restricted Business shall be determined by multiplying that fraction consisting of the Restricted Business' sales as the numerator and total sales of the acquired company as the denominator times the total purchase price (including assumed debt) paid by Seller.

  • All Gold Bars acquired and owned by the Fund are deposited and safe-kept by Riyad Capital (the “Custodian”), a subsidiary of Riyad Bank, in the Fund Allocated Account on an Allocated Basis where each Gold Bar is uniquely identifiable and segregated from other precious metals held by the Custodian.

  • All Gold Bars acquired and owned by the Fund are deposited and safe-kept by the (the “Custodian”) Riyad Capital, a subsidiary of Riyad Bank, in the Fund Allocated Account on an Allocated Basis where each Gold Bar is uniquely identifiable and segregated from other precious metals held by the Custodian.

  • The fraction of Units of the Fund which represent an equivalent amount of physical Gold Bars owned by the Unitholder will be held by the Custodian, in a vault on a fully Allocated Basis.

  • The principles of calculating the cost of total days leave per annum as a percentage of basic salary is normally calculated as follows: Leave cost as percentage of salary =total days leave x 100 [365 - w - ph - v - s]Where w = weekends, ph = public holidays, v = vacation, and s = sick leave.Section 4 – Financial Proposal – Standard Forms Please note that leave can be considered as a social cost only if the Client is not charged for the leave taken.

Related to Allocated Basis

  • Allocation has the meaning set forth in Section 3.3.

  • Allocated Share for any month means that percentage of CMISC Reimbursable Out-of-Pocket Expenses which would be allocated to a Fund for such month in accordance with the methodology described below under the heading “Methodology of Allocating CMISC Reimbursable Out-of-Pocket Expenses.”