Gold Custodian definition
Examples of Gold Custodian in a sentence
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.
The Auditors shall have access to all records relating to the affairs of the Trust including the relevant records of the Trustee, the Manager, any Investment Manager, the Gold Custodian, the Custodian, any sub-custodians, the Registrar and Transfer Agent and the Valuation Agent, subject to any confidentiality and/or privacy requirements that may apply in the circumstances.
As compensation for custodial services rendered to the Trust with respect to the Gold Coins and other Trust Property, the Gold Custodian and the Custodian shall be entitled to receive such fees as the Trust may approve from time to time pursuant to a separate written agreement with each of the Gold Custodian and the Custodian.
The Dog will be licensed in accordance with the laws of the jurisdiction in which the Dog resides.
It shall be the responsibility of the Manager to ensure that all investments of the Trust Property held by the Trustee and the Gold Custodian are made in such a way as to comply with any statement made in any current Disclosure Documents or like offering document of the Trust as to the Investment Policy applicable to the Trust and so as to comply with this Trust Agreement and Applicable Laws.
The Manager shall appoint the Gold Custodian to hold the Gold Bullion.
Once Gold Bullion representing the redeemed Units has been placed with the armoured transportation service carrier, the Gold Custodian will no longer bear the risk of loss of, and damage to, such Gold Bullion.
The Auditors shall have access to all records relating to the affairs of the Trust including the relevant records of the Manager, the Trustee, any Investment Manager, the Gold Custodian, the Custodian, any sub-custodians, the Registrar and Transfer Agent and the Valuation Agent, subject to any confidentiality and/or privacy requirements that may apply in the circumstances.
As compensation for custodial services rendered to the Trust with respect to the Gold Bullion and other Trust Property, the Gold Custodian and the Custodian shall be entitled to receive such fees as the Manager may approve from time to time pursuant to a separate written agreement with each of the Gold Custodian and the Custodian.