Gold Bars definition

Gold Bars means Gold or Gold Dore Bars, Aurum Utalium (“AU”);
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Examples of Gold Bars in a sentence

  • The Seller hereby agrees to sell and deliver Gold Bars to the Buyer (who hereby accepts to purchase and receive such) under the Specifications and subject to the terms and conditions of this Agreement.

  • The price for the sale and purchase of each shipment of Gold Bars shall be the Spot Price or AM London Fixing or PM London Fixing per Xxxx Ounce of pure gold content of 99.5% purity on the date that the price is fixed (after receipt of a non-refundable Security Deposit/Down Payment of 5%), plus a premium of three per cent (3%) for quantities less and 100 kilograms, or a premium of two per cent (2%) for quantities of 100 kilograms or more, multiplied by the net weight of such Gold Bars.

  • Seller confirms and warrants that the Title of the Gold Bars to be sold herein shall be free and clear of any and all liens and/or encumbrances, and Seller states that the Gold Bars are not of terrorist and/or criminal origin.

  • Once ownership and possession of the Gold Bars passes from the Seller to the Buyer pursuant to the previous sentence, the Security Company shall transfer and deliver the Gold Bars according to the Buyer’s instructions.

  • The Title of the Gold Bars shall not pass from the Seller to the Buyer until full payment is made and confirmed.

  • The Buyer confirms with full corporate authority and legal responsibility, that he is ready, willing and able to purchase the said Gold Bars (AU Metal) and provides Bank statement (Bank Tear Sheet) as his proof of fund in the amount of Eleven Billion United States Dollar (USD11,000,000,000.00) for 200MT of the AU Metal, from HSBC, Hong Kong main office and provides Bank Deposit Account, with Banking details attached hereto as Appendix A.

  • COMMODITY: Gold Bars (AU Metal) FORM: 1Kg or 12.5Kg each bar from meeting GLD standard specification.

  • Seller must provide the following documents to Buyer The Seller must provide the Buyer with the necessary documents to receive and send the Gold Bars to the airport of destination of the Buyer.

  • The Seller agrees and guarantees to sell AU Gold Bars, (hereinafter referred to as "Gold Bars").

  • The Buyer is ready, willing and able to purchase the Gold Bars or nuggets under the terms and conditions of this contract.

Related to Gold Bars

  • 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.

  • POPIA means the Protection of Personal Information Act, No 4 of 2013;

  • Harvest means the point at which timber that has been cut, severed, or removed for purposes of sale is first measured in the ordinary course of business as determined by reference to common practice in the timber industry. The term does not include the cutting, severance, or removal of timber for firewood, fence posts, or other personal use.

  • Panchayat means an institution (by whatever name called) of self-government constituted under article 243B, for the rural areas;

  • Wine means a product manufactured by the normal alcoholic fermentation of the juice of sound, ripe grapes, or any other fruit with the usual cellar treatment, and containing not more than 21% of alcohol by volume, including cider made from apples or pears, or both, that contains at least 1/2 of 1% of alcohol by volume, or mead or honey wine made from honey, fermented fruit juices other than grapes, and mixed wine drinks.