Consigned Precious Metal definition

Consigned Precious Metal means Precious Metal which has been consigned to a Customer pursuant to the Consignment Facility.
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Consigned Precious Metal means Precious Metal which Consignor has consigned to Consignee pursuant to the terms of this Agreement for which payment has not been received or which has not been Redelivered to Consignor.
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Consigned Precious Metal means the gold, silver, platinum and palladium delivered by the Precious Metal Consignor to Lucas Milhaupt, Inc. and held by Lucas Milhaupt, Inc. on consignment pursuant to the terms of the applicable Consignment Agreement.
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Examples of Consigned Precious Metal in a sentence

  • Nothing contained in the foregoing grant is intended to conflict with the true consignment nature of this Agreement with respect to the Consigned Precious Metal.

  • Consignee may use the Consigned Precious Metal only in the ordinary course of its business as now conducted.

  • Consignee will not use the Consigned Precious Metal in violation of any statute or ordinance.

  • Consignee will promptly pay any and all taxes, assessments and governmental charges upon the Consigned Precious Metal prior to the date of any penalties and prior to the date any liens would attach thereto.

  • At its option, Consignor may discharge taxes, liens, security interests or other encumbrances at any time levied or placed on the Consigned Precious Metal (which are not being contested in good faith), may pay for insurance on the Consigned Precious Metal and may pay for the maintenance and preservation of the Consigned Precious Metal.

  • During the term of this Agreement, Consignee shall have the right to purchase any Consigned Precious Metal.

  • Each Customer will use the Consigned Precious Metal and Loaned Gold for general corporate purposes of the Customers not otherwise prohibited by this Agreement.

  • Consignor shall provide Consignee with a monthly statement of the quantity of Consigned Precious Metal (in whatever form) held by Consignee.

  • No remedy herein conferred upon any Bank or the Agents or the holder of any Note or of any rights in the Consigned Precious Metal or the purchaser of any Letter of Credit Participation is intended to be exclusive of any other remedy and each and every remedy shall be cumulative and shall be in addition to every other remedy given hereunder or now or hereafter existing at law or in equity or by statute or any other provision of law.

  • Consignor may examine and inspect the Consigned Precious Metal at any time, wherever located, and Consignee agrees to keep all records relating to the Consigned Precious Metal at its Principal office.


More Definitions of Consigned Precious Metal

Consigned Precious Metal means all Precious Metal delivered by the Bank to the Consignee, (including, for greater certainty, by way of credit to an unallocated account of the Consignee) and held by the Consignee on Consignment hereunder.
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Consigned Precious Metal means all Platinum outstanding on consignment from Metals Bank to Borrowers pursuant to the Metals Agreement.
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Consigned Precious Metal means the gold, silver, platinum and palladium delivered by the Precious Metal Consignor to Lxxxx Xxxxxxxx, Inc. and held by Lxxxx Xxxxxxxx, Inc. on consignment pursuant to the terms of the applicable Consignment Agreement.
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Consigned Precious Metal means Precious Metal, which any Bank has consigned to Buyer pursuant to the terms of this Agreement for which payment has not been received or which has not been Redelivered to such respective Bank.
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Consigned Precious Metal. Consignment Base Rate", "Consignment Conversion Request", "Consignment Fixed Rate", "Fair Market Value", "Gold Commitment Percentage", "Gold Fronting Banks", "Redeliver(ed) or Redelivery" and "Spot Value";
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Related to Consigned Precious Metal

  • Precious Metal means the following, in coin, bullion, or other form:

  • Precious metals means silver, gold, platinum, palladium, iridium, osmium, rhodium, and ruthenium.

  • Consignment means products which are either sent simultaneously from one exporter to one consignee or covered by a single transport document covering their shipment from the exporter to the consignee or, in the absence of such a document, by a single invoice;

  • Consignee means the person to whom the goods are required to be delivered as specified in the Contract. If the goods are required to be delivered to a person as an interim consignee for the purpose of dispatch to another person as provided in the Contract then that "another" person is the consignee, also known as ultimate consignee.

  • Consigned Inventory means Inventory of any Borrower that is in the possession of another Person on a consignment, sale or return, or other basis that does not constitute a final sale and acceptance of such Inventory.

  • Consignment Price is $100,000 and consignor retains 0%, Consignor will receive $100,000. “Consignment Price” is $100,000 and consignor retains 40%, Consignor will receive $60,000 in cash and 40% in equity in the Series LLC.

  • Scrap metal means ferrous or nonferrous metal, or items that contain ferrous or nonferrous metal, that are sold or offered for sale for the value of the ferrous or nonferrous metal they contain rather than their original intended use; ferrous or nonferrous metal removed from or obtained by cutting, demolishing, or disassembling a building, structure, or manufactured item; or other metal that cannot be used for its original intended purpose but can be processed for reuse in a mill, foundry, die caster, or other manufacturing facility.

  • Consignor means a person that delivers goods to a consignee in a consignment.

  • Inventory is all “inventory” as defined in the Code in effect on the date hereof with such additions to such term as may hereafter be made, and includes without limitation all merchandise, raw materials, parts, supplies, packing and shipping materials, work in process and finished products, including without limitation such inventory as is temporarily out of Borrower’s custody or possession or in transit and including any returned goods and any documents of title representing any of the above.

  • FOB means Free on Board

  • Bullion means gold, silver, or platinum in a bulk state, where its value depends on its content rather than its form, with a purity of not less than 900 parts per 1,000.

  • Finished Products means any one or more of the following petroleum oils, or a mixture or combination of these oils, to be used without further processing except blending by mechanical means:

  • Obsolete Inventory means items that have expired, are redundant or

  • Feedstock means any controlled substance or new substance that undergoes chemical transformation in a process in which it is entirely converted from its original composition and whose emissions are insignificant,

  • Product Inventory means all inventory of the Product owned by Seller or its Affiliates as of the Closing, including raw materials, work-in-process, bulk form drug and finished Product.

  • Merchandise means any personal property offered or sold for use in connection with the funeral, final disposition, memorialization, or interment of human remains, but which is exclusive of interment rights.

  • inward supply in relation to a person, shall mean receipt of goods or services or both whether by purchase, acquisition or any other means, with or without consideration;

  • Crude Oil means any liquid hydrocarbon mixture occurring naturally in the earth whether or not treated to render it suitable for transportation and includes:

  • Inventory Tracking System means the required tracking

  • As-Extracted Collateral means “as-extracted collateral” as such term is defined in the Uniform Commercial Code as in effect on the date hereof in the State of New York.

  • API means the American Petroleum Institute.

  • Refined Products means gasoline, diesel fuel, jet fuel, asphalt and asphalt products, and other refined products of crude oil.

  • Metal means precious metal, including, without limitation, gold, silver, platinum, palladium, rhodium, iridium, and ruthenium.

  • smelter means an electrolytic reduction plant for the conversion of alumina to aluminium using alumina produced from bauxite;

  • Goods means all of the equipment, machinery, and/or other materials that the supplier is required to supply to the purchaser under the contract.

  • Spot film means a radiograph which is made during a fluoroscopic examination to permanently record conditions which exist during that fluoroscopic procedure.