Gold Amount definition

Gold Amount means a sum in Malaysian Ringgit for the purchase of gold which shall be equal to the total quantity of gold to be purchased multiplied by the price of the gold as quoted by the Bank on the Business Day.
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Examples of Gold Amount in a sentence

  • Deposit (or ensure there is sufficient balance) into the relevant Account the sum of money equivalent to the Gold Amount.

  • The Bank shall forthwith record the purchase transaction in the system on the account number, quantity of purchased gold and the Gold Amount at the time of purchase.

  • The calculation of the Gold Amount shall be determined by the Gold Supplier at its sole and absolute discretion in accordance with Shariah principles, taking into account all factors the Bank shall deem relevant including the prevailing world and local market conditions for gold, the purchase price in Malaysian Ringgit (MYR) and the gold purity.

  • Intensity of Visual Discomfort (IVD) is defined in [72] and consists of two indices, IVDOver and IVDUnder that result, respectively, from the time integral of the difference between the spatial average of current daylight illuminance and the upper limit of visual comfort (EOver is set at 750 lx) or the lower limit of visual comfort (EUnder is set at 150 lx).

  • The Sponsor shall publish, or shall designate another person to publish, for each business day, the Basket Gold Amount.

  • The gold price per gram for the quantity of the gold at which each purchase will be made by the Customer shall form the Gold Amount of the Customer.

  • Upon the Customer signing the relevant documents of MG-i – Gold Account, the Bank shall debit the Customer’s relevant Savings or Current Account for the Gold Amount.

  • For example, the Trustee will disseminate daily on the Trust Web site an estimated amount representing the Basket Gold Amount.

  • While the market for the gold futures is open for trading, the Indicative Trust Value can be expected to closely approximate the value per share of the Indicative Basket Gold Amount.

  • The Basket Gold Amount is the amount of gold (measured in fine ounces), determined on each business day by the Trustee, which Authorized Participants must transfer to the Trust in exchange for a Basket, or will receive in exchange for each Basket surrendered for redemption.

Related to Gold Amount

  • Threshold Amount means $50,000,000.

  • Monetary value means a medium of exchange, whether or not redeemable in money.

  • Net Orderly Liquidation Value means, with respect to Inventory of any Person, the orderly liquidation value thereof, net of all costs of liquidation thereof, as based upon the most recent Inventory appraisal conducted in accordance with this Agreement and expressed as a percentage of Cost of such Inventory.

  • Acquisition Value of the Common Stock means, for each Trading Day in the Valuation Period, the value of the consideration paid per share of Common Stock in connection with such Public Acquirer Change of Control, as follows:

  • Material Amount means an amount equal to the value of the three most recent invoices issued by ABP to the Customer;

  • RI Value means, in respect of a Reference Item and a ST Valuation Date, (i) the RI Closing Value for such Reference Item in respect of such ST Valuation Date, divided by (ii) the relevant RI Initial Value (expressed as a percentage).

  • Consolidated Non-cash Charges means, with respect to any Person for any period, the aggregate depreciation, amortization (including amortization of goodwill and other intangibles) and other non-cash expenses of such Person and its Restricted Subsidiaries reducing Consolidated Net Income of such Person and its Restricted Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP (excluding any such charges constituting an extraordinary item or loss).

  • Specified Indebtedness means, subject to the Schedule, any obligation (whether present or future, contingent or otherwise, as principal or surety or otherwise) in respect of borrowed money.

  • Aggregate means the sums expended or to be expended for the provision or performance of any goods or services in connection with the same immediate purpose or task, or the furnishing of similar goods or services, during the same contract year through a contract awarded by a purchasing agent.

  • Knock-in Value means the Underlying Reference Value.

  • Transaction Value means the actual contract value (the bid sum or price) in South African currency, inclusive of all applicable taxes in respect of the goods, services or construction works that are contracted for.

  • Lower explosive limit (LEL) means the concentration of a compound in air below which a flame will not propagate if the mixture is ignited.