Gold Bullion definition

Gold Bullion means gold bars which meet the London Bullion Market Association’s standard of “Good Delivery” and fineness from time to time in effect.

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Gold Bullion means “Gold Bullion” under and as defined in the Security and Pledge Agreement.

Gold Bullion has the meaning set forth in the Security and Pledge Agreement.

Examples of Gold Bullion in a sentence

The Gold Bullion held by the Trust is free and clear of any lien, pledge, encumbrance, right, charge or claim (other than the rights created by this Agreement).
Subject to the terms of the Gold Storage Agreement, the Initial Depositor, in its sole and absolute discretion, will determine whether the physical Gold Bullion holdings in the Initial Depositor’s account are in coin, bar, wafer, or ingot form.
The reference currency for all Gold Bullion Transactions and payments pursuant to these Gold Bullion Terms shall be US Dollars, unless we otherwise notify you in writing.
The transportation, delivery and all matters incidental thereto of the Gold Bullion to and from the Designated Facility for all inward and outward transfers of Gold Bullion shall be effected at your sole responsibility, expense and risk.
You hereby acknowledge that we do not and are not required to maintain any type of insurance over the Gold Bullion that is the subject of the Gold Custody Services.

More Definitions of Gold Bullion

Gold Bullion has the meaning specified in the recitals hereto.

Gold Bullion means uncoined and unmanufactured gold;

Gold Bullion means physical gold bullion in London Good Delivery bar form that is unencumbered, fully allocated and stored at the Gold Custodian by or on behalf of the Trust;

Gold Bullion means a bar, ingot, coin or wafer that is composed of gold that is refined to a purity level of at least 99.5%. The Receipts, including the differences between and the eligibility requirements for each class of Receipts, are more fully described in the Prospectus (as defined herein). Each of the terms “the Underwriter,” “such Underwriter,” “any Underwriter,” “an Underwriter,” “each Underwriter” and “you” when used in this Agreement, shall mean BMO Capital Markets Corp., together with any underwriter appointed by the Offerors pursuant to Section 9(b) hereof (individually or collectively, as the context may demand). Subject to the terms and conditions stated herein (including Section 12 hereof), the Offerors hereby appoint each Underwriter as an underwriter of the Trust for the purpose of purchasing, on a principal basis, the Receipts, when issued, as part of a continuous offering. The Offerors reserve the right to sell Receipts directly on their own behalf and to enter into agreements with other broker-dealers as selling agents as contemplated by Section 9(b) hereof.

Gold Bullion means gold bullion that meets the applicable physical specifications for good delivery and minimum purity requirements of the applicable Exchange.

Gold Bullion and “Bullion” means a bar, ingot, coin or wafer that is composed of gold that is refined to a purity level of at least 99.5%;

Gold Bullion means gold bullion from any source