Gold Bullion definition

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

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.

Gold Bullion has the meaning specified in the recitals hereto.

Examples of Gold Bullion in a sentence

• Xxxxx Title: Treasurer By: /s/ Xxxxxx Xxxxxxx Title: Vice President Gold Bullion This Amendment is made as of October 23, 2009 to the Custody Agreement (as amended, the “Custody Agreement”) dated June 7, 2005, amended November 7, 2007, September 5, 2008, and September 8, 2009 between the Funds listed on Schedule II to the Custody Agreement (each a "Fund") and The Bank of New York Mellon (the "Custodian").

• 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 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).

• For the avoidance of doubt, these Custody Terms shall not apply to any Gold Bullion held by us on your behalf pursuant to the Gold Bullion Terms.

• You acknowledge that the Gold Bullion may be subject to security controls of government or quasi-government entities, and that we will submit to all required security controls.

More Definitions of Gold Bullion

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 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 uncoined and unmanufactured gold;

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 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 are more fully described in the Prospectus (as defined in Section 2(a)(iii) hereof). The Offerors desire to engage BMO Capital Markets Corp. (“BMO Capital Markets”) in connection with such issuance and sale of the Receipts. The Offerors hereby confirm their agreement with you as follows:

Gold Bullion means gold bullion from any source