Gold Coins definition

Gold Coins means gold coins without numismatic value and having a minimum fineness of 99.5% or, with respect to American Gold Eagle gold coins, having a minimum fineness of 91.67%;
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Gold Coins means one ounce American Gold Eagle bullion coins, one ounce Canadian Gold Maple Leaf bullion coins and/or one ounce gold bullion bars and rounds that each contain one ▇▇▇▇ ounce of gold and that shall be unencumbered, fully allocated and stored at the Gold Custodian by or on behalf of the Trust;
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Gold Coins means the gold coins meeting the specifications set out in clause 5, segregated in your name, and which you can use to utilize the Golden Suisse Services;
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Examples of Gold Coins in a sentence

  • The Trust intends to achieve its objective by investing in long-term holdings of unencumbered, fully allocated Gold Coins and does not intend to speculate in gold.

  • The Trust was created to invest and hold substantially all of its assets in Gold Coins.

  • If the Trust or the Registrar and Transfer Agent determines that the Gold Redemption Notice complies with all applicable requirements, the number of Gold Coins that will be delivered to the redeeming Unitholder will be determined as of the Valuation Time on the applicable Weekly Redemption Date in accordance with the procedure in Section 6.1(h) (“Gold Redemption”).

  • Subject to the foregoing paragraph, the Trustee and the Manager agree that the Gold Coins will be held by the Gold Custodian appointed by the Trust and the Trust Property other than the Gold Coins will be held by the Custodian.

  • Once Gold Coins representing the redeemed Units have been placed with the shipping service provider, the Gold Custodian will no longer bear the risk of loss of, and damage to, such Gold Coins.

  • In the event of a loss after the Gold Coins has been placed with the shipping service provider, the Unitholder will not have recourse against the Trustee, the Manager or the Trust.

  • During any period in which the right of Unitholders to request a redemption of their Units for Gold Coins and/or cash is suspended pursuant to Section 6.6 hereof, the Trust shall direct the Valuation Agent to suspend the calculation of the Net Asset Value of the Trust and the Net Asset Value per Unit.

  • Forthwith following such appointment of a successor trustee, the Trustee shall execute and deliver such documents as the Manager may reasonably require for the conveyance of any Trust Property (other than the Gold Coins) held in the Trustee’s name to the successor trustee and, shall account for all of the Trust Property which the Trustee retains as trustee and shall thereupon be discharged as trustee.

  • The Independent Review Committee will also meet within 45 days of the closing of the Trust’s initial public offering or any other offering and issuance of Units to review the Trust’s purchase of Gold Coins and other initial post-offering activities of the Trust.

  • Unitholders interested in redeeming Units for Gold Coins should contact the Manager for current costs associated with the delivery of Gold Coins pursuant to the Unitholder’s delivery instructions.


More Definitions of Gold Coins

Gold Coins means American Gold Eagle gold coins (with a minimum fineness of 91.67%).
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Related to Gold Coins

  • Gold means elemental gold having an atomic weight of 196.967 and the chemical element symbol of Au, whether found by itself or in combination with its alloys or any other metal.

  • Silver means elemental silver having an atomic weight of 107.869 and the chemical element symbol of Ag, whether found by itself or in combination with its alloys or any other metal.

  • Copper Loop is a stand-alone local loop comprised entirely of copper wire or cable. Copper Loops include two-wire and four-wire analog voice-grade copper Loops, digital copper Loops (e.g., DS0s and integrated services digital network lines), as well as two-wire and four-wire copper Loops conditioned to transmit the digital signals needed to provide digital subscriber line services, regardless of whether the copper Loops are in service or held as spares. The copper Loop includes attached electronics using time division multiplexing technology, but does not include packet switching capabilities.

  • 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.

  • Distillery means any place or premises where any process of distillation whatever of spirits is carried on, or where any process of rectification of spirits is carried on, or where any spirits are manufactured or produced from any substance whatever by any process other than fermentation;